Report Update: May 1, 2024

Greece - Clutches And Shaft Couplings - Market Analysis, Forecast, Size, Trends And Insights

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Shaft Coupling Price in Greece - 2023

Shaft Coupling Price in Greece (CIF) - 2023

In June 2023, the average shaft coupling import price amounted to $10,956 per ton, which is down by -52.8% against the previous month. In general, the import price recorded a abrupt decrease. The most prominent rate of growth was recorded in February 2023 an increase of 68% against the previous month. The import price peaked at $23,204 per ton in May 2023, and then dropped remarkably in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($34,434 per ton), while the price for Italy ($4,517 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Japan (+0.7%), while the prices for the other major suppliers experienced a decline.

Shaft Coupling Price in Greece (FOB) - 2022

In 2022, the average shaft coupling export price amounted to $34,493 per ton, picking up by 60% against the previous year. Over the period under review, the export price showed a strong expansion. The pace of growth was the most pronounced in 2020 when the average export price increased by 206% against the previous year. As a result, the export price reached the peak level of $55,790 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($70,022 per ton), while the average price for exports to Poland ($7,965 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 Denmark (+17.2%), while the prices for the other major destinations experienced more modest paces of growth.

Shaft Coupling Imports in Greece

In 2022, imports of clutches and shaft couplings into Greece declined to 268 tons, with a decrease of -13.7% on 2021 figures. The total import volume increased at an average annual rate of +3.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 39% against the previous year. As a result, imports reached the peak of 311 tons, and then declined in the following year.

In value terms, shaft coupling imports fell to $5.6M in 2022. The total import value increased at an average annual rate of +4.4% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2020 with an increase of 9.2%.

Import of Shaft Coupling in Greece (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	1,879	1,696	2,150	2,560	10.9%
Germany	1,744	2,043	1,028	1,015	-16.5%
Spain	6.8	178	63.9	339	268.0%
China	88.2	163	314	249	41.3%
Belgium	118	141	621	164	11.6%
Japan	184	148	201	148	-7.0%
France	136	119	161	144	1.9%
Bulgaria	88.5	45.5	23.1	56.6	-13.8%
Turkey	34.8	18.1	39.4	43.0	7.3%
Others	661	843	1,142	907	11.1%
Total	4,941	5,395	5,742	5,625	4.4%

Top Suppliers of Shaft Coupling to Greece in 2022:

Italy (131.8 tons)
China (34.9 tons)
Germany (31.6 tons)
Spain (13.9 tons)
Japan (11.7 tons)
Belgium (10.6 tons)
France (5.3 tons)
Bulgaria (5.2 tons)
Turkey (4.6 tons)

Shaft Coupling Exports in Greece

In 2022, exports of clutches and shaft couplings from Greece dropped notably to 5.9 tons, waning by -65.9% against the previous year's figure. In general, exports showed a dramatic descent. The most prominent rate of growth was recorded in 2021 with an increase of 99% against the previous year. As a result, the exports reached the peak of 17 tons, and then contracted sharply in the following year.

In value terms, shaft coupling exports fell rapidly to $204K in 2022. Over the period under review, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2020 when exports increased by 73%. As a result, the exports attained the peak of $486K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Shaft Coupling in Greece (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Cyprus	55.9	95.1	87.2	71.8	8.7%
Turkey	59.2	0.1	14.2	32.4	-18.2%
Bulgaria	88.2	48.2	172	27.4	-32.3%
North Macedonia	1.5	0.1	N/A	14.3	112.0%
Romania	5.7	3.1	9.1	3.0	-19.3%
Poland	0.2	0.2	2.0	1.8	108.0%
Others	70.0	340	89.2	53.1	-8.8%
Total	281	486	374	204	-10.1%

Top Export Markets for Shaft Coupling from Greece in 2022:

Bulgaria (1919.0 kg)
Cyprus (1664.0 kg)
North Macedonia (701.0 kg)
Turkey (462.0 kg)
Poland (227.0 kg)
Romania (104.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the shaft coupling 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 28152600 - Clutches and shaft couplings (including universal joints)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023