Greece: Stranded Wire Market 2024

Stranded Wire Market Size in Greece

The Greek stranded wire market skyrocketed to $X in 2022, surging by X% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. Stranded wire consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Stranded Wire Production in Greece

In value terms, stranded wire production surged to $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Stranded Wire Exports

Exports from Greece

After two years of growth, overseas shipments of stranded wire, ropes and cables decreased by X% to X tons in 2022. Over the period under review, exports, however, showed prominent growth. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2021, and then declined in the following year.

In value terms, stranded wire exports expanded significantly to $X in 2022. In general, exports, however, enjoyed a resilient expansion. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for stranded wire exports from Greece, accounting for a X% share of total exports. Moreover, stranded wire exports to Germany exceeded the volume sent to the second major destination, Liberia (X tons), fivefold. The third position in this ranking was taken by Turkey (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Liberia (X% per year) and Turkey (X% per year).

In value terms, Germany ($X) remains the key foreign market for stranded wire, ropes and cables exports from Greece, comprising X% of total exports. The second position in the ranking was taken by Liberia ($X), with an X% share of total exports. It was followed by Turkey, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Liberia (X% per year) and Turkey (X% per year).

Export Prices by Country

In 2022, the average stranded wire export price amounted to $X per ton, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cyprus ($X per ton), while the average price for exports to Australia ($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 Cyprus (X%), while the prices for the other major destinations experienced more modest paces of growth.

Stranded Wire Imports

Imports into Greece

In 2022, imports of stranded wire, ropes and cables into Greece surged to X tons, jumping by X% compared with 2021 figures. In general, total imports indicated a prominent expansion 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. The most prominent rate of growth was recorded in 2013 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, stranded wire imports soared to $X in 2022. Overall, imports posted strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Turkey (X tons), India (X tons) and Italy (X tons) were the main suppliers of stranded wire imports to Greece, with a combined X% share of total imports.

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

In value terms, Turkey ($X) constituted the largest supplier of stranded wire, ropes and cables to Greece, comprising X% of total imports. The second position in the ranking was held by India ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

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

Import Prices by Country

In 2022, the average stranded wire import price amounted to $X per ton, growing by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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