Greece: Market for Machines For Preparing, Weaving And Knitting Textiles 2024

Market Size for Machines For Preparing, Weaving And Knitting Textiles in Greece

The Greek market for machines for preparing, weaving and knitting textiles soared to $X in 2023, picking up 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). Overall, consumption, however, continues to indicate a noticeable curtailment. As a result, consumption reached the peak level of $X. From 2022 to 2023, the growth of the market failed to regain momentum.

Exports of Machines For Preparing, Weaving And Knitting Textiles

Exports from Greece

In 2023, approx. X units of machines for preparing, weaving and knitting textiles were exported from Greece; dropping by X% compared with the year before. Over the period under review, exports saw a mild downturn. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The exports peaked at X units in 2013; however, from 2014 to 2023, the exports stood at a somewhat lower figure.

In value terms, textile weaving and knitting machinery exports expanded modestly to $X in 2023. In general, exports showed a deep reduction. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

Exports by Country

Romania (X units), the United Arab Emirates (X units) and Cyprus (X units) were the main destinations of textile weaving and knitting machinery exports from Greece.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Romania (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Romania ($X), the United Arab Emirates ($X) and Cyprus ($X) appeared to be the largest markets for textile weaving and knitting machinery exported from Greece worldwide, together comprising X% of total exports. Egypt, India, Bangladesh, Turkey, Italy, Poland, Pakistan and Bulgaria lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Poland, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average export price for machines for preparing, weaving and knitting textiles amounted to $X per unit, surging by X% against the previous year. In general, the export price, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2023, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to Poland ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Australia (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Imports of Machines For Preparing, Weaving And Knitting Textiles

Imports into Greece

In 2023, the amount of machines for preparing, weaving and knitting textiles imported into Greece was estimated at X units, increasing by X% against the year before. Overall, imports, however, recorded a noticeable shrinkage. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X units in 2021; however, from 2022 to 2023, imports failed to regain momentum.

In value terms, textile weaving and knitting machinery imports shrank to $X in 2023. In general, imports saw a resilient expansion. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2023, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Germany (X units) and Italy (X units) were the main suppliers of textile weaving and knitting machinery imports to Greece, with a combined X% share of total imports. Taiwan (Chinese), Romania, Bulgaria, the Netherlands, Turkey and the UK lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Romania (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and Taiwan (Chinese) ($X) constituted the largest textile weaving and knitting machinery suppliers to Greece, with a combined X% share of total imports. Italy, Bulgaria, Turkey, the Netherlands, Romania and the UK lagged somewhat behind, together accounting for a further X%.

Turkey, with a CAGR of X%, saw 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

The average import price for machines for preparing, weaving and knitting textiles stood at $X per unit in 2023, which is down by X% against the previous year. Overall, the import price, however, enjoyed a prominent increase. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($X per unit), while the price for Romania ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform