Greece: Finishing Paper Machinery Market 2024

Finishing Paper Machinery Market Size in Greece

The Greek finishing paper machinery market expanded rapidly to $X in 2022, increasing by X% against the previous year. Over the period under review, the total consumption indicated modest growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Finishing Paper Machinery Production in Greece

In value terms, finishing paper machinery production expanded rapidly to $X in 2022 estimated in export price. Overall, the total production indicated slight growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

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Finishing Paper Machinery Exports

Exports from Greece

After two years of growth, shipments abroad of machinery for finishing paper or paperboard decreased by X% to X units in 2022. In general, exports faced a deep contraction. The most prominent rate of growth was recorded in 2016 when exports increased by X%. As a result, the exports reached the peak of X units. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, finishing paper machinery exports reduced dramatically to $X in 2022. Over the period under review, exports showed a abrupt decrease. The growth pace was the most rapid in 2016 when exports increased by X%. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Turkey (X units) was the main destination for finishing paper machinery exports from Greece, with a X% share of total exports. Moreover, finishing paper machinery exports to Turkey exceeded the volume sent to the second major destination, Tunisia (X units), ninefold.

From 2012 to 2022, the average annual growth rate of volume to Turkey amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tunisia (X% per year) and Cyprus (X% per year).

In value terms, Turkey ($X) emerged as the key foreign market for machinery for finishing paper or paperboard exports from Greece, comprising X% of total exports. The second position in the ranking was held by Tunisia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Turkey amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tunisia (X% per year) and Cyprus (X% per year).

Export Prices by Country

The average finishing paper machinery export price stood at $X per unit in 2022, falling by X% against the previous year. Overall, the export price, however, enjoyed a notable expansion. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cyprus ($X per unit), while the average price for exports to Turkey ($X 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 Czech Republic (X%), while the prices for the other major destinations experienced more modest paces of growth.

Finishing Paper Machinery Imports

Imports into Greece

In 2022, finishing paper machinery imports into Greece dropped markedly to X units, with a decrease of X% compared with the previous year's figure. In general, imports, however, recorded a modest increase. The most prominent rate of growth was recorded in 2016 when imports increased by X%. As a result, imports reached the peak of X units. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, finishing paper machinery imports declined remarkably to $X in 2022. Over the period under review, imports, however, enjoyed a mild expansion. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

The Netherlands (X units), Cyprus (X units) and Finland (X units) were the main suppliers of finishing paper machinery imports to Greece, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest finishing paper machinery suppliers to Greece were Finland ($X), the Netherlands ($X) and Germany ($X), with a combined X% share of total imports.

The Netherlands, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average finishing paper machinery import price amounted to $X per unit, remaining stable against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Finland ($X per unit), while the price for Cyprus ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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