Greece: Refrigerating Show-Cases Market 2024

Refrigerating Show-Cases Market Size in Greece

The Greek refrigerating show-cases market totaled $X in 2023, rising by X% against the previous year. Over the period under review, the total consumption indicated a tangible increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2018 indices. As a result, consumption reached the peak level of $X. From 2015 to 2023, the growth of the market remained at a lower figure.

Refrigerating Show-Cases Production in Greece

In value terms, refrigerating show-cases production expanded rapidly to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Refrigerating show-cases production peaked at $X in 2019; however, from 2020 to 2023, production stood at a somewhat lower figure.

Refrigerating Show-Cases Exports

Exports from Greece

In 2023, the amount of refrigerating or freezing display counters, cabinets, show-cases exported from Greece fell dramatically to X units, with a decrease of X% on 2022 figures. Overall, exports showed a deep downturn. The pace of growth was the most pronounced in 2021 when exports increased by X%. As a result, the exports attained the peak of X units. From 2022 to 2023, the growth of the exports remained at a lower figure.

In value terms, refrigerating show-cases exports fell to $X in 2023. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Cyprus (X units) was the main destination for refrigerating show-cases exports from Greece, with a X% share of total exports. Moreover, refrigerating show-cases exports to Cyprus exceeded the volume sent to the second major destination, Israel (X units), twofold. Romania (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Cyprus was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Israel (X% per year) and Romania (X% per year).

In value terms, Cyprus ($X), Israel ($X) and France ($X) were the largest markets for refrigerating show-cases exported from Greece worldwide, together accounting for X% of total exports. Germany, Romania, Italy, Albania, the Netherlands, Bulgaria, the UK, Belgium, the United Arab Emirates and Norway lagged somewhat behind, together accounting for a further X%.

Belgium, with a CAGR of X%, recorded 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 2023, the average refrigerating show-cases export price amounted to $X per unit, surging by X% against the previous year. Overall, the export price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2022 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum in 2023 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was Norway ($X per unit), while the average price for exports to the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Refrigerating Show-Cases Imports

Imports into Greece

Refrigerating show-cases imports into Greece skyrocketed to X units in 2023, picking up by X% on the previous year. In general, imports recorded a modest expansion. The growth pace was the most rapid in 2014 with an increase of X%. As a result, imports reached the peak of X units. From 2015 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, refrigerating show-cases imports shrank to $X in 2023. Over the period under review, total imports indicated a temperate expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Imports peaked at $X in 2022, and then shrank in the following year.

Imports by Country

China (X units), Germany (X units) and Italy (X units) were the main suppliers of refrigerating show-cases imports to Greece, together comprising X% of total imports. Turkey, the Czech Republic, Bulgaria, Hungary, Romania and Austria lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Bulgaria (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), the Czech Republic ($X) and Turkey ($X) constituted the largest refrigerating show-cases suppliers to Greece, together comprising X% of total imports. China, Hungary, Romania, Germany, Bulgaria and Austria lagged somewhat behind, together comprising a further X%.

Bulgaria, with a CAGR of X%, saw the highest rates of growth with regard to 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

In 2023, the average refrigerating show-cases import price amounted to $X per unit, declining by X% against the previous year. In general, the import price, however, enjoyed a slight increase. The growth pace was the most rapid in 2017 when the average import price increased by X%. Over the period under review, average import prices attained the maximum at $X per unit in 2018; however, from 2019 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Hungary ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Romania (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform