Greece: Overview of the Market for Tyres For Agriculture, Forestry, Construction, Industry And Other Off The Road Vehicles 2021

Market Size for Tyres For Agriculture, Forestry, Construction, Industry And Other Off The Road Vehicles in Greece

The Greek market for tyres for agriculture, forestry, construction, industry and other off the road vehicles amounted to $X in 2020, remaining stable 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, however, showed a deep contraction. The pace of growth was the most pronounced in 2013 when the market value increased by X% year-to-year. Consumption peaked at $X in 2007; however, from 2008 to 2020, consumption stood at a somewhat lower figure.

Exports of Tyres For Agriculture, Forestry, Construction, Industry And Other Off The Road Vehicles

Exports from Greece

In 2020, exports of tyres for agriculture, forestry, construction, industry and other off the road vehicles from Greece rose slightly to X units, increasing by X% compared with the previous year's figure. In general, exports, however, showed a slight curtailment. The pace of growth was the most pronounced in 2010 when exports increased by X% against the previous year. As a result, exports reached the peak of X units. from 2011 to 2020, the growth of exports remained at a lower figure.

In value terms, exports of tyres for agriculture, forestry, construction, industry and other off the road vehicles totaled $X in 2020. Overall, exports, however, saw strong growth. The pace of growth appeared the most rapid in 2018 when exports increased by X% y-o-y. Over the period under review, exports of tyres for agriculture, forestry, construction, industry and other off road vehicles hit record highs at $X in 2013; however, from 2014 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Albania (X units), Poland (X units) and Cyprus (X units) were the main destinations of exports of tyres for agriculture, forestry, construction, industry and other off the road vehicles from Greece, together comprising X% of total exports.

From 2007 to 2020, the biggest increases were in Poland (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Cyprus ($X) and Albania ($X) appeared to be the largest markets for agricultural, construction and industrial machinery tire exported from Greece worldwide, with a combined X% share of total exports.

Among the main countries of destination, Poland (+X% per year) saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average export price for tyres for agriculture, forestry, construction, industry and other off the road vehicles amounted to $X per unit, standing approx. at the previous year. Over the period under review, the export price, however, saw a resilient expansion. The pace of growth appeared the most rapid in 2018 an increase of X% y-o-y. As a result, export price reached the peak level of $X per unit. from 2019 to 2020, the growth in terms of the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was North Macedonia ($X per unit), while the average price for exports to Albania ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tyres For Agriculture, Forestry, Construction, Industry And Other Off The Road Vehicles

Imports into Greece

In 2020, imports of tyres for agriculture, forestry, construction, industry and other off the road vehicles into Greece reached X units, approximately reflecting 2019. Over the period under review, imports, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2013 when imports increased by X% y-o-y. Imports peaked at X units in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, imports of tyres for agriculture, forestry, construction, industry and other off the road vehicles amounted to $X in 2020. In general, imports, however, recorded a mild shrinkage. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. Over the period under review, imports of tyres for agriculture, forestry, construction, industry and other off road vehicles attained the peak figure at $X in 2008; however, from 2009 to 2020, imports stood at a somewhat lower figure.

Imports by Country

India (X units), Turkey (X units) and China (X units) were the main suppliers of imports of tyres for agriculture, forestry, construction, industry and other off the road vehicles to Greece, together accounting for X% of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India, while imports for the other leaders experienced more modest paces of growth.

In value terms, India ($X), Turkey ($X) and China ($X) constituted the largest agricultural, construction and industrial machinery tire suppliers to Greece, with a combined X% share of total imports.

India saw the highest rates of growth with regard to the value of imports, in terms of 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 import price for tyres for agriculture, forestry, construction, industry and other off the road vehicles stood at $X per unit in 2020, standing approx. at the previous year. Overall, the import price recorded prominent growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. from 2019 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Poland ($X per unit), while the price for Thailand ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tyres for agriculture, forestry, construction, industry and other off the road vehicles in the world?

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China (39M units) constituted the country with the largest volume of consumption of tyres for agriculture, forestry, construction, industry and other off the road vehicles, comprising approx. 31% of total volume. Moreover, consumption of tyres for agriculture, forestry, construction, industry and other off the road vehicles in China exceeded the figures recorded by the second-largest consumer, India (14M units), threefold. The third position in this ranking was occupied by the U.S. (8.5M units), with a 6.7% share.

What are the largest producers of tyres for agriculture, forestry, construction, industry and other off the road vehicles in the world?

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China (63M units) remains the largest agricultural, construction and industrial machinery tire producing country worldwide, accounting for 52% of total volume. Moreover, production of tyres for agriculture, forestry, construction, industry and other off the road vehicles in China exceeded the figures recorded by the second-largest producer, India (19M units), threefold. The third position in this ranking was occupied by Indonesia (6M units), with a 4.9% share.

What are the leading suppliers of tyres for agriculture, forestry, construction, industry and other off the road vehicles to Greece?

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In value terms, the largest agricultural, construction and industrial machinery tire suppliers to Greece were India ($6.2M), Turkey ($4.9M) and China ($3.3M), together comprising 56% of total imports.

What are the leading importers of tyres for agriculture, forestry, construction, industry and other off the road vehicles from Greece?

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In value terms, Poland ($736K), Cyprus ($514K) and Albania ($468K) constituted the largest markets for agricultural, construction and industrial machinery tire exported from Greece worldwide, with a combined 62% share of total exports.

What is the average export price for tyres for agriculture, forestry, construction, industry and other off the road vehicles in Greece?

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In 2020, the average export price for tyres for agriculture, forestry, construction, industry and other off the road vehicles amounted to $503 per unit, approximately mirroring the previous year.

What is the average import price for tyres for agriculture, forestry, construction, industry and other off the road vehicles in Greece?

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In 2020, the average import price for tyres for agriculture, forestry, construction, industry and other off the road vehicles amounted to $152 per unit, almost unchanged from the previous year.