Report Update Apr 1, 2024

Greece - Non-Electric Industrial or Laboratory Furnaces and Ovens - Market Analysis, Forecast, Size, Trends and Insights

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Greece: Non-Electric Industrial Furnace Market 2024

Non-Electric Industrial Furnace Market Size in Greece

The Greek non-electric industrial furnace market declined slightly to $X in 2022, reducing by X% against the previous year. In general, consumption, however, continues to indicate a measured expansion. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Non-Electric Industrial Furnace Production in Greece

In value terms, non-electric industrial furnace production shrank modestly to $X in 2022 estimated in export price. Over the period under review, production, however, saw tangible growth. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Non-Electric Industrial Furnace Exports

Exports from Greece

In 2022, exports of non-electric industrial or laboratory furnaces and ovens from Greece fell significantly to X units, which is down by X% on the year before. In general, exports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, the exports attained the peak of X units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, non-electric industrial furnace exports reduced sharply to $X in 2022. Overall, exports showed a dramatic descent. The pace of growth appeared the most rapid in 2018 when exports increased by X%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Norway (X units), Cyprus (X units) and Germany (X units) were the main destinations of non-electric industrial furnace exports from Greece, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Norway ($X) emerged as the key foreign market for non-electric industrial or laboratory furnaces and ovens exports from Greece, comprising X% of total exports. The second position in the ranking was taken by Cyprus ($X), with a X% share of total exports. It was followed by Malta, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Norway was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Cyprus (X% per year) and Malta (X% per year).

Export Prices by Country

The average non-electric industrial furnace export price stood at $X per unit in 2022, reducing by X% against the previous year. Overall, the export price continues to indicate a deep slump. The pace of growth was the most pronounced in 2018 an increase of X%. Over the period under review, the average export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($X per unit), while the average price for exports to Germany ($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 Albania (X%), while the prices for the other major destinations experienced mixed trend patterns.

Non-Electric Industrial Furnace Imports

Imports into Greece

In 2022, non-electric industrial furnace imports into Greece fell markedly to X units, declining by X% compared with the previous year. In general, imports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of X units, and then shrank markedly in the following year.

In value terms, non-electric industrial furnace imports dropped significantly to $X in 2022. Overall, imports, however, showed a measured expansion. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of $X, and then shrank remarkably in the following year.

Imports by Country

In 2022, the UK (X units) constituted the largest supplier of non-electric industrial furnace to Greece, with a X% share of total imports. Moreover, non-electric industrial furnace imports from the UK exceeded the figures recorded by the second-largest supplier, Italy (X units), tenfold. China (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the UK stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and China (X% per year).

In value terms, the UK ($X) constituted the largest supplier of non-electric industrial or laboratory furnaces and ovens to Greece, comprising X% of total imports. The second position in the ranking was held by Spain ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the UK totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and the Netherlands (X% per year).

Import Prices by Country

In 2022, the average non-electric industrial furnace import price amounted to $X per unit, increasing by X% against the previous year. Overall, the import price, however, saw a deep slump. Over the period under review, average import prices reached the maximum at $X per unit in 2012; however, from 2013 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 the Netherlands ($X per unit), while the price for Italy ($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 UK (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for non-electric industrial or laboratory furnaces and ovens in the world?

The country with the largest volume of non-electric industrial furnace consumption was Latvia, accounting for 38% of total volume. Moreover, non-electric industrial furnace consumption in Latvia exceeded the figures recorded by the second-largest consumer, Greece, twofold. China ranked third in terms of total consumption with an 8.4% share.

What are the largest producers of non-electric industrial or laboratory furnaces and ovens in the world?

The countries with the highest volumes of production in 2022 were Latvia, Greece and China, together comprising 65% of global production. The United States, India, Russia, Pakistan, Brazil and Japan lagged somewhat behind, together comprising a further 16%.

What are the leading suppliers of non-electric industrial or laboratory furnaces and ovens to Greece?

In value terms, the UK constituted the largest supplier of non-electric industrial or laboratory furnaces and ovens to Greece, comprising 80% of total imports. The second position in the ranking was held by Spain, with a 6.7% share of total imports. It was followed by the Netherlands, with a 4.6% share.

What are the leading importers of non-electric industrial or laboratory furnaces and ovens from Greece?

In value terms, Norway emerged as the key foreign market for non-electric industrial or laboratory furnaces and ovens exports from Greece, comprising 93% of total exports. The second position in the ranking was taken by Cyprus $414), with a 2.7% share of total exports. It was followed by Malta, with a 2.4% share.

What is the average export price for non-electric industrial or laboratory furnaces and ovens in Greece?

In 2022, the average non-electric industrial furnace export price amounted to $3,019 per unit, dropping by -81.9% against the previous year.

What is the average import price for non-electric industrial or laboratory furnaces and ovens in Greece?

The average non-electric industrial furnace import price stood at $35,110 per unit in 2022, growing by 113% against the previous year.

This report provides an in-depth analysis of the non-electric industrial furnace market in Greece. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28211270 - Industrial or laboratory furnaces and ovens, non-electric, i ncluding incinerators (excluding those for the roasting, m elting or other heat treatment of ores, pyrites or metals, b akery ovens, drying ovens and ovens for cracking operations)

Country coverage:

Greece

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Greece
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023