Greece: Internal Combustion Engines Market Overview 2020

Internal Combustion Engines Market Size in Greece

The revenue of the internal combustion engines market in Greece amounted to $X in 2018, going 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). In general, internal combustion engines consumption, however, continues to indicate an abrupt contraction. The pace of growth was the most pronounced in 2018 when the market value increased by X% against the previous year. Internal combustion engines consumption peaked at $X in 2009; however, from 2010 to 2018, consumption failed to regain its momentum.

Internal Combustion Engines Exports

Exports from Greece

Internal combustion engines exports from Greece totaled X units in 2018, reducing by -X% against the previous year. Overall, internal combustion engines exports continue to indicate a drastic curtailment. The growth pace was the most rapid in 2011 when exports increased by X% against the previous year. Over the period under review, internal combustion engines exports reached their maximum at X units in 2013; however, from 2014 to 2018, exports stood at a somewhat lower figure.

In value terms, internal combustion engines exports stood at $X in 2018. In general, internal combustion engines exports continue to indicate a deep deduction. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. Over the period under review, internal combustion engines exports attained their maximum at $X in 2013; however, from 2014 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Ghana (X units) and Senegal (X units) were the main destinations of internal combustion engines exports from Greece, together comprising X% 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 Senegal.

In value terms, Ghana ($X) remains the key foreign market for internal combustion engines exports from Greece, comprising X% of total internal combustion engines exports. The second position in the ranking was occupied by Senegal ($X), with a X% share of total exports.

From 2007 to 2018, the average annual growth rate of value to Ghana amounted to -X%.

Export Prices by Country

In 2018, the average internal combustion engines export price amounted to $X per unit, picking up by X% against the previous year. Overall, the internal combustion engines export price, however, continues to indicate a measured descent. The pace of growth appeared the most rapid in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices for motor vehicles compression-ignition internal combustion piston engines reached their maximum at $X per unit in 2007; however, from 2008 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Ghana ($X per unit), while the average price for exports to Senegal amounted to $X per unit.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Ghana.

Internal Combustion Engines Imports

Imports into Greece

In 2018, the imports of motor vehicles compression-ignition internal combustion piston engines into Greece totaled X units, picking up by X% against the previous year. Over the period under review, internal combustion engines imports, however, continue to indicate a deep deduction. The pace of growth appeared the most rapid in 2008 when imports increased by X% y-o-y. Over the period under review, internal combustion engines imports reached their peak figure at X units in 2009; however, from 2010 to 2018, imports stood at a somewhat lower figure.

In value terms, internal combustion engines imports amounted to $X in 2018. In general, internal combustion engines imports, however, continue to indicate an abrupt decline. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Imports peaked at $X in 2009; however, from 2010 to 2018, imports failed to regain their momentum.

Imports by Country

Italy (X units), the U.S. (X units) and Germany (X units) were the main suppliers of internal combustion engines imports to Greece, with a combined X% share of total imports.

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

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

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

Import Prices by Country

In 2018, the average internal combustion engines import price amounted to $X per unit, going up by X% against the previous year. In general, the internal combustion engines import price, however, continues to indicate a moderate contraction. The pace of growth was the most pronounced in 2015 when the average import price increased by X% y-o-y. In that year, the average import prices for motor vehicles compression-ignition internal combustion piston engines reached their peak level of $X per unit. From 2016 to 2018, the growth in terms of the average import prices for motor vehicles compression-ignition internal combustion piston engines remained at a somewhat lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Poland (+X% per year), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform