Greece - Compressors For Refrigeration Equipment - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRefrigerator Compressor Price in Greece - 2023
Contents:
- Refrigerator Compressor Price in Greece (CIF) - 2023
- Refrigerator Compressor Price in Greece (FOB) - 2022
- Refrigerator Compressor Imports in Greece
- Refrigerator Compressor Exports in Greece
Refrigerator Compressor Price in Greece (CIF) - 2023
In July 2023, the average refrigerator compressor import price amounted to $210 per unit, which is down by -9.1% against the previous month. Over the period under review, import price indicated a mild expansion from July 2022 to July 2023: its price increased at an average monthly rate of +1.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, refrigerator compressor import price increased by +29.6% against March 2023 indices. The pace of growth appeared the most rapid in November 2022 an increase of 62% m-o-m. The import price peaked at $231 per unit in June 2023, and then reduced in the following month.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Poland ($384 per unit), while the price for China ($92.6 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Spain (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Refrigerator Compressor Price in Greece (FOB) - 2022
In 2022, the average refrigerator compressor export price amounted to $161 per unit, jumping by 30% against the previous year. Over the period under review, the export price, however, continues to indicate a mild descent. The pace of growth was the most pronounced in 2016 an increase of 97% against the previous year. Over the period under review, the average export prices attained the peak figure at $257 per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($739 per unit), while the average price for exports to Hungary ($57 per unit) 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 States (+16.4%), while the prices for the other major destinations experienced more modest paces of growth.
Refrigerator Compressor Imports in Greece
In 2022, the amount of compressors for refrigeration equipment imported into Greece dropped to 245K units, with a decrease of -7.9% compared with the previous year's figure. Overall, total imports indicated a modest increase from 2019 to 2022: its volume increased at an average annual rate of +1.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 68% against the previous year. As a result, imports reached the peak of 266K units, and then contracted in the following year.
In value terms, refrigerator compressor imports rose sharply to $20M in 2022. The total import value increased at an average annual rate of +7.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
Import of Refrigerator Compressor in Greece (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 4.4 | 4.7 | 6.4 | 5.6 | 8.4% |
Italy | 3.2 | 3.0 | 3.4 | 4.7 | 13.7% |
France | 2.8 | 2.0 | 2.9 | 2.5 | -3.7% |
Spain | 1.5 | 0.7 | 1.3 | 1.2 | -7.2% |
Denmark | 0.7 | 0.8 | 0.9 | 1.0 | 12.6% |
Slovakia | 0.3 | 0.3 | 1.0 | 0.7 | 32.6% |
China | 0.5 | 0.4 | 0.4 | 0.6 | 6.3% |
Others | 3.0 | 3.0 | 2.7 | 4.1 | 11.0% |
Total | 16.6 | 14.8 | 19.1 | 20.4 | 7.1% |
Top Suppliers of Refrigerator Compressor to Greece in 2022:
- Germany (68.2K units)
- Italy (65.0K units)
- Spain (21.0K units)
- France (19.8K units)
- Denmark (18.5K units)
- China (15.9K units)
- Slovakia (13.3K units)
Refrigerator Compressor Exports in Greece
In 2022, the amount of compressors for refrigeration equipment exported from Greece fell sharply to 10K units, waning by -17.4% compared with 2021 figures. Over the period under review, exports, however, showed a resilient expansion. The pace of growth was the most pronounced in 2021 with an increase of 302%. As a result, the exports reached the peak of 12K units, and then fell markedly in the following year.
In value terms, refrigerator compressor exports rose markedly to $1.7M in 2022. In general, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 123%. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Refrigerator Compressor in Greece (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 31.1 | 32.2 | 288 | 527 | 156.9% |
United States | 1.8 | 13.6 | 28.3 | 391 | 501.1% |
Cyprus | 144 | 135 | 656 | 205 | 12.5% |
United Arab Emirates | 6.4 | 4.3 | 0.5 | 87.1 | 138.8% |
Bulgaria | 107 | 33.5 | 37.8 | 22.7 | -40.4% |
Poland | 0.8 | N/A | N/A | 11.9 | 145.9% |
Hungary | N/A | N/A | 3.3 | 11.3 | 242.4% |
Ireland | 18.9 | 33.2 | 13.2 | 0.9 | -63.8% |
South Sudan | 8.5 | N/A | N/A | N/A | 0% |
Others | 598 | 446 | 527 | 408 | -12.0% |
Total | 916 | 698 | 1,554 | 1,665 | 22.0% |
Top Export Markets for Refrigerator Compressor from Greece in 2022:
- Ireland (undefinedK units)
- Bulgaria (undefinedK units)
- Germany (6.4K units)
- Cyprus (1.9K units)
- United States (0.5K units)
- United Arab Emirates (0.4K units)
- Poland (0.2K units)
- Hungary (0.2K units)
This report provides an in-depth analysis of the refrigerator compressor market in Greece. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28132300 - Compressors for refrigeration equipment
Country coverage:
- Greece
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Greece
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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