Greece: Measuring Instrument Market Overview 2020

Measuring Instrument Market Size in Greece

The revenue of the measuring instrument market in Greece amounted to $X in 2018, growing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, measuring instrument consumption continues to indicate pronounced growth. The most prominent rate of growth was recorded in 2014 when the market value increased by X% against the previous year. Over the period under review, the measuring instrument market reached its peak figure level at $X in 2009; however, from 2010 to 2018, consumption stood at a somewhat lower figure.

Measuring Instrument Exports

Exports from Greece

In 2018, the exports of instruments and apparatus for measuring or checking the flow or level of liquids from Greece stood at X units, going up by X% against the previous year. In general, measuring instrument exports continue to indicate buoyant growth. The pace of growth was the most pronounced in 2015 with an increase of X% y-o-y. In that year, measuring instrument exports reached their peak of X units. From 2016 to 2018, the growth of measuring instrument exports remained at a lower figure.

In value terms, measuring instrument exports totaled $X in 2018. Over the period under review, measuring instrument exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by X% year-to-year. In that year, measuring instrument exports reached their peak of $X, and then declined slightly in the following year.

Exports by Country

Germany (X units), Portugal (X units) and Lithuania (X units) were the main destinations of measuring instrument exports from Greece, with a combined X% share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Lithuania (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Portugal ($X), Spain ($X) and Cyprus ($X) were the largest markets for measuring instrument exported from Greece worldwide, with a combined X% share of total exports. These countries were followed by Germany, Lithuania, Bulgaria, Poland and Latvia, which together accounted for a further X (+X% per year) recorded the highest growth rate of exports, in terms of the main countries of destination over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average measuring instrument export price amounted to $X per unit, dropping by -X% against the previous year. In general, the measuring instrument export price continues to indicate a deep decrease. The pace of growth appeared the most rapid in 2009 when the average export price increased by X% year-to-year. In that year, the average export prices for instruments and apparatus for measuring or checking the flow or level of liquids reached their peak level of $X per unit. From 2010 to 2018, the growth in terms of the average export prices for instruments and apparatus for measuring or checking the flow or level of liquids remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Spain ($X per unit), while the average price for exports to Latvia ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Germany, while the prices for the other major destinations experienced mixed trend patterns.

Measuring Instrument Imports

Imports into Greece

In 2018, the imports of instruments and apparatus for measuring or checking the flow or level of liquids into Greece stood at X units, going up by X% against the previous year. Over the period under review, measuring instrument imports continue to indicate a pronounced increase. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, measuring instrument imports reached their peak figure at X units in 2009; however, from 2010 to 2018, imports failed to regain their momentum.

In value terms, measuring instrument imports stood at $X in 2018. Over the period under review, measuring instrument imports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2009 when imports increased by X% y-o-y. In that year, measuring instrument imports attained their peak of $X. From 2010 to 2018, the growth of measuring instrument imports remained at a lower figure.

Imports by Country

Germany (X units), Italy (X units) and Belgium (X units) were the main suppliers of measuring instrument imports to Greece, together accounting for X% of total imports. These countries were followed by China, the U.S., France and Turkey, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by France, while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of measuring instrument to Greece, comprising X% of total measuring instrument imports. The second position in the ranking was occupied by Italy ($X), with a X% share of total imports. It was followed by the U.S., with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and the U.S. (+X% per year).

Import Prices by Country

In 2018, the average measuring instrument import price amounted to $X per unit, increasing by X% against the previous year. In general, the measuring instrument import price continues to indicate mild growth. The pace of growth appeared the most rapid in 2013 when the average import price increased by X% against the previous year. In that year, the average import prices for instruments and apparatus for measuring or checking the flow or level of liquids reached their peak level of $X per unit. From 2014 to 2018, the growth in terms of the average import prices for instruments and apparatus for measuring or checking the flow or level of liquids failed to regain its momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was France ($X per unit), while the price for Belgium ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Turkey, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform