Greece: Fuel Filter Market 2024

Fuel Filter Market Size in Greece

The Greek fuel filter market expanded rapidly to $X in 2022, surging by X% against the previous year. Over the period under review, the total consumption indicated a strong increase 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 increased by X% against 2020 indices. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in the immediate term.

Fuel Filter Production in Greece

In value terms, fuel filter production reduced to $X in 2022 estimated in export price. Over the period under review, production faced a abrupt downturn. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Fuel Filter Exports

Exports from Greece

In 2022, the amount of oil or petrol-filters for internal combustion engines exported from Greece contracted dramatically to X units, waning by X% compared with 2021 figures. Overall, exports, however, posted a moderate increase. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, fuel filter exports contracted dramatically to $X in 2022. In general, exports, however, showed a resilient expansion. The pace of growth was the most pronounced in 2018 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Cyprus (X units), the UK (X units) and Bulgaria (X units) were the main destinations of fuel filter exports from Greece, together comprising X% of total exports. Poland, Spain, Slovenia, Malta, Albania, Germany, Italy, France, Georgia and Romania lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Malta ($X), Cyprus ($X) and Bulgaria ($X) were the largest markets for fuel filter exported from Greece worldwide, together accounting for X% of total exports.

Malta, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average fuel filter export price amounted to $X per unit, with an increase of X% against the previous year. In general, the export price saw a strong expansion. The growth pace was the most rapid in 2020 when the average export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2021 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Malta ($X per unit), while the average price for exports to Germany ($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 Malta (X%), while the prices for the other major destinations experienced more modest paces of growth.

Fuel Filter Imports

Imports into Greece

In 2022, the amount of oil or petrol-filters for internal combustion engines imported into Greece declined slightly to X units, falling by X% compared with 2021. Over the period under review, total imports indicated a pronounced increase from 2012 to 2022: its volume 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, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2016 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, fuel filter imports dropped slightly to $X in 2022. In general, imports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then declined modestly in the following year.

Imports by Country

Germany (X units), Poland (X units) and Italy (X units) were the main suppliers of fuel filter imports to Greece, together accounting for X% of total imports.

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

In value terms, Germany ($X) constituted the largest supplier of oil or petrol-filters for internal combustion engines to Greece, comprising X% of total imports. The second position in the ranking was held by Poland ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

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

Import Prices by Country

The average fuel filter import price stood at $X per unit in 2022, rising by X% against the previous year. In general, import price indicated moderate growth from 2012 to 2022: its price 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, fuel filter import price increased by X% against 2017 indices. The pace of growth appeared the most rapid in 2020 an increase of X%. The import price peaked in 2022 and is expected to retain growth in the near future.

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 France ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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