Greece - Drive-Axles with Differential and Non-Driving Axles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Driving and Non-Driving Axle in Greece - 2023
Contents:
- Price for Driving and Non-Driving Axle in Greece (CIF) - 2022
- Price for Driving and Non-Driving Axle in Greece (FOB) - 2022
- Imports of Driving and Non-Driving Axle in Greece
- Exports of Driving and Non-Driving Axle in Greece
Price for Driving and Non-Driving Axle in Greece (CIF) - 2022
The average driving and non-driving axle import price stood at $10,663 per ton in 2022, increasing by 16% against the previous year. In general, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, driving and non-driving axle import price increased by +17.5% against 2020 indices. The pace of growth was the most pronounced in 2018 when the average import price increased by 48% against the previous year. As a result, import price attained the peak level of $11,056 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($16,096 per ton), while the price for the UK ($4,866 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Driving and Non-Driving Axle in Greece (FOB) - 2022
In 2022, the average driving and non-driving axle export price amounted to $2,224 per ton, rising by 280% against the previous year. In general, the export price recorded prominent growth. The export price peaked at $3,497 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($14,140 per ton), while the average price for exports to Pakistan ($893 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 Thailand (+501.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Driving and Non-Driving Axle in Greece
In 2022, overseas purchases of drive-axles with differential and non-driving axles decreased by -13.2% to 863 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 11% against the previous year. As a result, imports attained the peak of 995 tons, and then fell in the following year.
In value terms, driving and non-driving axle imports reached $9.2M in 2022. The total import value increased at an average annual rate of +2.0% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 12%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Driving and Non-Driving Axle in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 1,268 | 1,577 | 2,550 | 2,714 | 28.9% |
| Germany | 2,888 | 2,607 | 2,826 | 2,455 | -5.3% |
| Poland | 37.0 | 1,118 | 1,499 | 1,505 | 243.9% |
| Italy | 393 | 220 | 256 | 414 | 1.8% |
| Spain | 21.6 | 210 | 318 | 378 | 159.6% |
| Japan | 453 | 215 | 428 | 293 | -13.5% |
| Netherlands | 236 | 493 | 401 | 266 | 4.1% |
| Turkey | 14.2 | 168 | 98.1 | 208 | 144.7% |
| South Korea | 100 | 82.4 | 165 | 186 | 23.0% |
| China | 121 | 42.5 | 120 | 147 | 6.7% |
| United Kingdom | 1,282 | 513 | 67.4 | 74.8 | -61.2% |
| France | 1,079 | 533 | 1.6 | 9.8 | -79.1% |
| Others | 789 | 384 | 414 | 557 | -11.0% |
| Total | 8,681 | 8,163 | 9,145 | 9,206 | 2.0% |
Top Suppliers of Driving and Non-Driving Axle to Greece in 2022:
- Belgium (240.0 tons)
- Germany (189.7 tons)
- Poland (134.3 tons)
- Italy (54.7 tons)
- Japan (54.6 tons)
- Netherlands (38.7 tons)
- Spain (23.5 tons)
- South Korea (21.7 tons)
- China (20.7 tons)
- Turkey (20.3 tons)
- United Kingdom (15.4 tons)
- France (0.5 tons)
Exports of Driving and Non-Driving Axle in Greece
After three years of growth, overseas shipments of drive-axles with differential and non-driving axles decreased by -68.8% to 291 tons in 2022. Over the period under review, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 328%. As a result, the exports attained the peak of 934 tons, and then dropped dramatically in the following year.
In value terms, driving and non-driving axle exports skyrocketed to $648K in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +18.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 23%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.
| Export of Driving and Non-Driving Axle in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cyprus | 239 | 173 | 219 | 201 | -5.6% |
| Pakistan | 21.5 | 68.2 | 75.6 | 115 | 74.9% |
| Bulgaria | 91.4 | 78.1 | 92.5 | 96.0 | 1.7% |
| United Arab Emirates | N/A | N/A | 7.3 | 86.1 | 1079.5% |
| Poland | 4.3 | 10.7 | 35.9 | 35.8 | 102.7% |
| France | 12.5 | 27.1 | 24.6 | 25.1 | 26.2% |
| South Korea | N/A | N/A | 3.9 | N/A | 0% |
| India | N/A | N/A | 28.9 | N/A | 0% |
| Others | 25.5 | 86.1 | 58.7 | 89.0 | 51.7% |
| Total | 394 | 443 | 547 | 648 | 18.0% |
Top Export Markets for Driving and Non-Driving Axle from Greece in 2022:
- Pakistan (128.2 tons)
- Cyprus (73.5 tons)
- Poland (23.0 tons)
- Bulgaria (22.2 tons)
- France (15.6 tons)
- United Arab Emirates (6.1 tons)
This report provides an in-depth analysis of the market for driving and non-driving axle in Greece. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 29323036 - Drive-axles with differential, non-driving axles and their parts
Country coverage:
- Greece
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Greece
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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