Greece: Market for Conveyor Or Transmission Belts Or Belting 2022

Market Size for Conveyor Or Transmission Belts Or Belting in Greece

In 2021, the Greek conveyor or transmission belt market was finally on the rise to reach $X after five years of decline. In general, consumption, however, saw a abrupt setback. Conveyor or transmission belt consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Production of Conveyor Or Transmission Belts Or Belting in Greece

In value terms, conveyor or transmission belt production stood at $X in 2021 estimated in export price. Over the period under review, production, however, showed a dramatic setback. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Conveyor Or Transmission Belts Or Belting

Exports from Greece

In 2021, approx. X tons of conveyor or transmission belts or belting were exported from Greece; which is down by -X% against 2020 figures. In general, exports saw a dramatic downturn. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, conveyor or transmission belt exports fell dramatically to $X in 2021. Overall, exports showed a sharp setback. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Turkey (X tons) was the main destination for conveyor or transmission belt exports from Greece, with a X% share of total exports. Moreover, conveyor or transmission belt exports to Turkey exceeded the volume sent to the second major destination, Germany (X tons), twofold. Cyprus (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2020, the average annual growth rate of volume to Turkey totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-X% per year) and Cyprus (+X% per year).

In value terms, Turkey ($X), Germany ($X) and Bulgaria ($X) appeared to be the largest markets for conveyor or transmission belt exported from Greece worldwide, with a combined X% share of total exports. Cyprus lagged somewhat behind, comprising a further X terms of the main countries of destination, Cyprus, with a CAGR of +X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average conveyor or transmission belt export price stood at $X per ton in 2020, reducing by -X% against the previous year. Overall, the export price saw a abrupt decrease. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2020, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Bulgaria ($X per ton), while the average price for exports to Turkey ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+X%), while the prices for the other major destinations experienced a decline.

Imports of Conveyor Or Transmission Belts Or Belting

Imports into Greece

In 2021, overseas purchases of conveyor or transmission belts or belting were finally on the rise to reach X tons after four years of decline. Overall, imports showed prominent growth. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, conveyor or transmission belt imports soared to $X in 2021. In general, total imports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

China (X tons), Turkey (X tons) and Germany (X tons) were the main suppliers of conveyor or transmission belt imports to Greece, together comprising X% of total imports.

From 2012 to 2020, the biggest increases were in China (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of conveyor or transmission belt to Greece, comprising X% of total imports. The second position in the ranking was taken by Belgium ($X), with an X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of value from Germany stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-X% per year) and Italy (+X% per year).

Import Prices by Country

In 2020, the average conveyor or transmission belt import price amounted to $X per ton, growing by X% against the previous year. In general, the import price, however, recorded a deep contraction. The pace of growth appeared the most rapid in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Belgium ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Germany (+X%), while the prices for the other major suppliers experienced a decline.

Kaynak: IndexBox Platformu