Greece: Ride-On Compaction Equipment Market 2024

Ride-On Compaction Equipment Market Size in Greece

The Greek ride-on compaction equipment market surged to $X in 2022, with an increase of 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). Over the period under review, consumption showed a significant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Ride-On Compaction Equipment Exports

Exports from Greece

In 2022, ride-on compaction equipment exports from Greece declined dramatically to X units, shrinking by X% compared with the previous year's figure. Overall, exports faced a sharp downturn. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports hit record highs at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, ride-on compaction equipment exports fell dramatically to $X in 2022. In general, exports recorded a sharp slump. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Madagascar (X units), Albania (X units) and Egypt (X units) were the main destinations of ride-on compaction equipment exports from Greece, together comprising X% of total exports. France lagged somewhat behind, accounting for 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 France (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, Madagascar ($X) remains the key foreign market for ride-on compaction equipment exports from Greece, comprising X% of total exports. The second position in the ranking was held by Albania ($X), with a X% share of total exports. It was followed by Egypt, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Madagascar totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Albania (X% per year) and Egypt (X% per year).

Export Prices by Country

The average ride-on compaction equipment export price stood at $X per unit in 2022, growing by X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of X% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

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

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Ride-On Compaction Equipment Imports

Imports into Greece

In 2022, approx. X units of ride-on compaction equipment were imported into Greece; increasing by X% compared with the year before. Overall, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, ride-on compaction equipment imports surged to $X in 2022. Over the period under review, imports recorded a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Sweden (X units) constituted the largest ride-on compaction equipment supplier to Greece, accounting for a X% share of total imports. Moreover, ride-on compaction equipment imports from Sweden exceeded the figures recorded by the second-largest supplier, Germany (X units), fivefold. The Netherlands (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 Sweden stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the Netherlands (X% per year).

In value terms, Poland ($X), Sweden ($X) and Germany ($X) were the largest ride-on compaction equipment suppliers to Greece, with a combined X% share of total imports. The Czech Republic, Bulgaria, Italy, the Netherlands and the UK lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Bulgaria, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average ride-on compaction equipment import price amounted to $X per unit, dropping by X% against the previous year. Over the period under review, the import price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2018; however, from 2019 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 Poland ($X per unit), while the price for Sweden ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform