Greece: Gouges And Chisels Market 2024

Gouges And Chisels Market Size in Greece

In 2022, after four years of decline, there was growth in the Greek gouges and chisels market, when its value increased by X% to $X. Over the period under review, consumption, however, continues to indicate a deep downturn. Gouges and chisels consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Gouges And Chisels Production in Greece

In value terms, gouges and chisels production shrank slightly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Gouges and chisels production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Gouges And Chisels Exports

Exports from Greece

In 2022, after two years of growth, there was significant decline in overseas shipments of planes, chisels and gouges for working wood, when their volume decreased by X% to X tons. Overall, exports, however, saw significant growth. The pace of growth was the most pronounced in 2015 when exports increased by X%. Over the period under review, the exports attained the peak figure at X tons in 2021, and then fell in the following year.

In value terms, gouges and chisels exports contracted sharply to $X in 2022. Over the period under review, exports, however, continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2013 when exports increased by X%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Slovakia (X tons), Italy (X tons) and Germany (X kg) were the main destinations of gouges and chisels exports from Greece, with a combined X% share of total exports. Romania, Cyprus, Poland, Belgium and Hungary 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 Romania (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for gouges and chisels exported from Greece were Slovakia ($X), Italy ($X) and Germany ($X), with a combined X% share of total exports. Cyprus, Belgium, Romania, Poland and Hungary lagged somewhat behind, together accounting for a further X%.

Cyprus, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among 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 gouges and chisels export price amounted to $X per ton, waning by X% against the previous year. In general, the export price continues to indicate a abrupt contraction. The growth pace was the most rapid in 2021 when the average export price increased by X%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (X%), while the prices for the other major destinations experienced more modest paces of growth.

Gouges And Chisels Imports

Imports into Greece

In 2022, overseas purchases of planes, chisels and gouges for working wood increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, imports, however, saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, gouges and chisels imports soared to $X in 2022. In general, imports, however, continue to indicate a pronounced slump. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of gouges and chisels to Greece, with a X% share of total imports. Moreover, gouges and chisels imports from China exceeded the figures recorded by the second-largest supplier, Belgium (X tons), ninefold. The third position in this ranking was held by Germany (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Germany (X% per year).

In value terms, China ($X), Belgium ($X) and Germany ($X) constituted the largest gouges and chisels suppliers to Greece, with a combined X% share of total imports. Slovenia, France and the Netherlands lagged somewhat behind, together comprising a further X%.

Slovenia, with a CAGR of X%, saw the highest growth rate of 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 gouges and chisels import price stood at $X per ton in 2022, approximately equating the previous year. Over the period under review, the import price continues to indicate a mild decline. The pace of growth was the most pronounced in 2014 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

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 ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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