Greece: Laser Market Overview 2021

Laser Market Size in Greece

The Greek laser market reduced sharply to $X in 2020, shrinking 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). Over the period under review, consumption showed a slight decline. The pace of growth was the most pronounced in 2013 when the market value increased by X% year-to-year. As a result, consumption attained the peak level of $X. From 2014 to 2020, the growth of the market remained at a somewhat lower figure.

Laser Exports

Exports from Greece

In 2020, overseas shipments of lasers, other than laser diodes increased by X% to X units, rising for the second year in a row after two years of decline. Overall, exports, however, saw a deep setback. The growth pace was the most rapid in 2016 when exports increased by X% y-o-y. Over the period under review, exports reached the maximum at X units in 2011; however, from 2012 to 2020, exports stood at a somewhat lower figure.

In value terms, laser exports skyrocketed to $X in 2020. In general, exports, however, showed a slight shrinkage. The pace of growth was the most pronounced in 2016 with an increase of X% year-to-year. Exports peaked at $X in 2011; however, from 2012 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Taiwan (Chinese) (X units) was the main destination for laser exports from Greece, with a X% share of total exports. Moreover, laser exports to Taiwan (Chinese) exceeded the volume sent to the second major destination, South Korea (X units), twofold. China (X units) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Taiwan (Chinese) was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (X% per year) and China (+X% per year).

In value terms, Taiwan (Chinese) ($X) emerged as the key foreign market for laser exports from Greece, comprising X% of total exports. The second position in the ranking was occupied by South Korea ($X), with a X% share of total exports. It was followed by India, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Taiwan (Chinese) was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (X% per year) and India (X% per year).

Export Prices by Country

In 2020, the average laser export price amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the export price enjoyed tangible growth. The growth pace was the most rapid in 2012 when the average export price increased by X% year-to-year. The export price peaked at $X per unit in 2017; however, from 2018 to 2020, export prices failed to regain the momentum.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to China, while the prices for the other major destinations experienced more modest paces of growth.

Laser Imports

Imports into Greece

In 2020, approx. X units of lasers, other than laser diodes were imported into Greece; dropping by -X% against 2019 figures. In general, imports recorded a mild reduction. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. As a result, imports reached the peak of X units. From 2014 to 2020, the growth imports remained at a lower figure.

In value terms, laser imports declined dramatically to $X in 2020. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Imports peaked at $X in 2010; however, from 2011 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, China (X units) was the main laser supplier to Greece, accounting for a approx. X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of volume from China stood at +X%.

In value terms, China ($X) constituted the largest supplier of laser to Greece.

From 2007 to 2020, the average annual rate of growth in terms of value from China stood at +X%.

Import Prices by Country

In 2020, the average laser import price amounted to $X per unit, remaining relatively unchanged against the previous year. Overall, the import price recorded modest growth. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% year-to-year. Over the period under review, average import prices attained the peak figure at $X per unit in 2009; however, from 2010 to 2020, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2007 to 2020, the rate of growth in terms of prices for China amounted to -X% per year.

Source: IndexBox AI Platform