Greece: Magnetic Media Market Overview 2021

Magnetic Media Market Size in Greece

For the third year in a row, the Greek magnetic media market recorded decline in sales value, which decreased by -X% to $X in 2020. Over the period under review, consumption, however, continues to indicate a perceptible slump. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. Over the period under review, the market hit record highs at $X in 2009; however, from 2010 to 2020, consumption failed to regain the momentum.

Magnetic Media Production in Greece

In value terms, magnetic media production contracted to $X in 2020 estimated in export prices. In general, production posted a slight expansion. The most prominent rate of growth was recorded in 2008 when the production volume increased by X% y-o-y. Over the period under review, production reached the maximum level at $X in 2009; however, from 2010 to 2020, production remained at a lower figure.

Magnetic Media Exports

Exports from Greece

In 2020, overseas shipments of magnetic media, not recorded, except cards with a magnetic stripe increased by X% to X units for the first time since 2017, thus ending a two-year declining trend. In general, exports, however, recorded a relatively flat trend pattern. Over the period under review, exports reached the maximum at X units in 2017; however, from 2018 to 2020, exports failed to regain the momentum.

In value terms, magnetic media exports surged to $X in 2020. Overall, exports, however, faced a drastic downturn. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. As a result, exports attained the peak of $X. From 2018 to 2020, the growth exports remained at a lower figure.

Exports by Country

The UK (X units), Cyprus (X units) and the Netherlands (X units) were the main destinations of magnetic media exports from Greece, with a combined X% share of total exports. These countries were followed by the U.S., Germany and Bulgaria, which together accounted for a further X 2007 to 2020, the biggest increases were in the U.S., while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for magnetic media exported from Greece were the UK ($X), Cyprus ($X) and the Netherlands ($X), together accounting for X% of total exports.

In terms of the main countries of destination, the Netherlands 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 a decline.

Export Prices by Country

The average magnetic media export price stood at $X per unit in 2020, falling by -X% against the previous year. Over the period under review, the export price continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, average export prices hit record highs at $X per unit in 2009; however, from 2010 to 2020, export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2020, the highest prices were recorded for prices to the UK ($X per unit) and the Netherlands ($X per unit), while the average price for exports to Bulgaria ($X per unit) and Germany ($X per unit) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the UK, while the prices for the other major destinations experienced a decline.

Magnetic Media Imports

Imports into Greece

In 2020, purchases abroad of magnetic media, not recorded, except cards with a magnetic stripe decreased by -X% to X units, falling for the third year in a row after two years of growth. Overall, imports faced a abrupt slump. The most prominent rate of growth was recorded in 2016 when imports increased by X% y-o-y. Imports peaked at X units in 2007; however, from 2008 to 2020, imports remained at a lower figure.

In value terms, magnetic media imports contracted notably to $X in 2020. In general, imports saw a deep setback. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Imports peaked at $X in 2008; however, from 2009 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, the Netherlands (X units) constituted the largest supplier of magnetic media to Greece, with a X% share of total imports. Moreover, magnetic media imports from the Netherlands exceeded the figures recorded by the second-largest supplier, the UK (X units), more than tenfold. Germany (X units) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from the Netherlands stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-X% per year) and Germany (-X% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of magnetic media to Greece, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports. It was followed by the UK, with a X% share.

From 2007 to 2020, the average annual growth rate of value from the Netherlands amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and the UK (-X% per year).

Import Prices by Country

The average magnetic media import price stood at $X per unit in 2020, which is down by -X% against the previous year. Over the period under review, the import price showed a abrupt descent. The most prominent rate of growth was recorded in 2008 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2009 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for magnetic media, not recorded, except cards with a magnetic stripe in the world?

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The countries with the highest volumes of magnetic media consumption in 2020 were Brazil (548M units), China (348M units) and Singapore (278M units), together accounting for 48% of global consumption.

What are the largest producers of magnetic media, not recorded, except cards with a magnetic stripe in the world?

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The countries with the highest volumes of magnetic media production in 2020 were Brazil (548M units), China (354M units) and Singapore (336M units), with a combined 55% share of global production. The U.S., Japan, India, Indonesia, Russia, Germany, Nigeria, France and the UK lagged somewhat behind, together comprising a further 30%.

What are the leading suppliers of magnetic media, not recorded, except cards with a magnetic stripe to Greece?

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In value terms, the Netherlands ($3.5M) constituted the largest supplier of magnetic media to Greece, comprising 43% of total imports. The second position in the ranking was occupied by Germany ($963K), with a 12% share of total imports. It was followed by the UK, with a 11% share.

What are the leading importers of magnetic media, not recorded, except cards with a magnetic stripe from Greece?

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In value terms, the largest markets for magnetic media exported from Greece were the UK ($1.5M), Cyprus ($936K) and the Netherlands ($219K), with a combined 85% share of total exports.

What is the average export price for magnetic media, not recorded, except cards with a magnetic stripe in Greece?

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The average magnetic media export price stood at $7.8 per unit in 2020, reducing by -37% against the previous year.

What is the average import price for magnetic media, not recorded, except cards with a magnetic stripe in Greece?

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In 2020, the average magnetic media import price amounted to $9 per unit, shrinking by -35.9% against the previous year.