Pumps; Parts Thereof Price in Greece - 2023
Contents:
- Pumps; Parts Thereof Price in Greece (CIF) - 2022
- Pumps; Parts Thereof Price in Greece (FOB) - 2022
- Pumps; Parts Thereof Imports in Greece
- Pumps; Parts Thereof Exports in Greece
Pumps; Parts Thereof Price in Greece (CIF) - 2022
The average pumps; parts thereof import price stood at $28,043 per ton in 2022, with an increase of 1.5% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 47% against the previous year. Over the period under review, average import prices attained the peak figure at $30,852 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($84,826 per ton), while the price for Luxembourg ($5,949 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Pumps; Parts Thereof Price in Greece (FOB) - 2022
In 2022, the average pumps; parts thereof export price amounted to $46,515 per ton, growing by 17% against the previous year. In general, the export price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2017 an increase of 32%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malta ($67,500 per ton), while the average price for exports to Portugal ($8,792 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.
Pumps; Parts Thereof Imports in Greece
Pumps; parts thereof imports into Greece expanded significantly to 1.1K tons in 2022, surging by 13% compared with 2021 figures. The total import volume increased at an average annual rate of +3.6% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2021 with an increase of 14%. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the near future.
In value terms, pumps; parts thereof imports expanded sharply to $30M in 2022. The total import value increased at an average annual rate of +5.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Pumps; Parts Thereof in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 4.3 | 4.4 | 5.0 | 6.5 | 14.8% |
| Germany | 4.1 | 4.7 | 6.0 | 5.3 | 8.9% |
| Netherlands | 2.5 | 3.0 | 2.9 | 3.5 | 11.9% |
| United Kingdom | 2.4 | 1.6 | 1.8 | 2.3 | -1.4% |
| France | 0.7 | 0.5 | 1.0 | 2.1 | 44.2% |
| China | 2.1 | 1.2 | 1.2 | 1.5 | -10.6% |
| Spain | 0.5 | 0.5 | 0.8 | 1.3 | 37.5% |
| Turkey | 0.9 | 0.5 | 0.5 | 0.7 | -8.0% |
| Hungary | 1.5 | 1.8 | 0.7 | 0.7 | -22.4% |
| India | 0.2 | 0.3 | 0.1 | 0.5 | 35.7% |
| Luxembourg | 0.2 | 0.1 | 0.2 | 0.1 | -20.6% |
| Bulgaria | 1.2 | 1.6 | 1.4 | 0.1 | -56.3% |
| Others | 5.3 | 4.3 | 4.8 | 5.6 | 1.9% |
| Total | 25.9 | 24.5 | 26.3 | 30.2 | 5.3% |
Top Suppliers of Pumps; Parts Thereof to Greece in 2022:
- Italy (268.8 tons)
- China (194.4 tons)
- Germany (156.4 tons)
- Turkey (74.3 tons)
- Netherlands (73.0 tons)
- Spain (49.7 tons)
- India (48.4 tons)
- France (41.4 tons)
- United Kingdom (36.0 tons)
- Hungary (28.5 tons)
- Luxembourg (24.5 tons)
- Bulgaria (2.3 tons)
Pumps; Parts Thereof Exports in Greece
Pumps; parts thereof exports from Greece totaled 116 tons in 2022, approximately reflecting the year before. Over the period under review, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 39%.
In value terms, pumps; parts thereof exports surged to $5.4M in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +16.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +83.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 57%. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the immediate term.
| Export of Pumps; Parts Thereof in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cyprus | 824 | 404 | 516 | 610 | -9.5% |
| Singapore | 156 | 250 | 279 | 466 | 44.0% |
| Malta | 82.7 | 166 | 206 | 274 | 49.1% |
| United States | 92.6 | 111 | 138 | 270 | 42.9% |
| Marshall Islands | 69.9 | 113 | 29.2 | 224 | 47.4% |
| Albania | 50.6 | 43.7 | 169 | 185 | 54.1% |
| United Arab Emirates | 24.1 | 45.8 | 22.9 | 173 | 92.9% |
| Germany | 200 | 151 | 685 | 148 | -9.5% |
| Lebanon | 2.5 | N/A | 35.9 | 103 | 245.4% |
| Bulgaria | 157 | 279 | 71.0 | 93.8 | -15.8% |
| Saudi Arabia | 64.7 | 112 | 23.3 | 41.2 | -14.0% |
| Bahamas | 20.7 | 0.2 | 1.4 | 39.4 | 23.9% |
| Portugal | 14.4 | 4.9 | 25.5 | 28.0 | 24.8% |
| Others | 1,661 | 1,248 | 2,406 | 2,729 | 18.0% |
| Total | 3,422 | 2,928 | 4,608 | 5,385 | 16.3% |
Top Export Markets for Pumps; Parts Thereof from Greece in 2022:
- Cyprus (11.1 tons)
- Singapore (9.4 tons)
- United Arab Emirates (6.9 tons)
- United States (6.7 tons)
- Albania (5.7 tons)
- Saudi Arabia (4.7 tons)
- Malta (4.1 tons)
- Germany (4.0 tons)
- Lebanon (3.9 tons)
- Marshall Islands (3.8 tons)
- Portugal (3.2 tons)
- Bulgaria (3.2 tons)
- Bahamas (3.1 tons)
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