Greece - In-Hand Motor Grinders, Sanders And Planers - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Greece - In-Hand Motor Grinders, Sanders And Planers - Market Analysis, Forecast, Size, Trends And Insights

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Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Greece - 2024

Contents:

  1. Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Greece (CIF) - 2024
  2. Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Greece (FOB) - 2022
  3. Imports of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Greece
  4. Exports of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Greece

Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Greece (CIF) - 2024

In January 2024, the average import price for in-hand motor grinders, sanders and planers amounted to $58.8 per unit, rising by 26% against the previous month. Over the period under review, import price indicated buoyant growth from January 2023 to January 2024: its price increased at an average monthly rate of +5.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2024 figures, import price for in-hand motor grinders, sanders and planers increased by +26.1% against December 2023 indices. The growth pace was the most rapid in February 2023 when the average import price increased by 54% month-to-month. Over the period under review, average import prices attained the peak figure in January 2024.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($137 per unit), while the price for Hong Kong SAR ($11.0 per unit) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by China (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Greece (FOB) - 2022

In 2022, the average export price for in-hand motor grinders, sanders and planers amounted to $27 per unit, jumping by 61% against the previous year. Over the period under review, the export price, however, showed a abrupt decrease. The export price peaked at $72 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 external markets. In 2022, amid the top suppliers, the country with the highest price was Cyprus ($76 per unit), while the average price for exports to Marshall Islands ($0.3 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 Hungary (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Greece

After three years of growth, purchases abroad of in-hand motor grinders, sanders and planers decreased by -21.1% to 964K units in 2022. The total import volume increased at an average annual rate of +1.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 15% against the previous year. Over the period under review, imports of reached the peak figure at 1.2M units in 2021, and then declined remarkably in the following year.

In value terms, imports of in-hand motor grinders, sanders and planers amounted to $41M in 2022. In general, imports, however, showed resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 77% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Import of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Greece (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.26.615.715.936.9%
Austria4.84.04.77.214.5%
Germany4.43.76.96.715.0%
Belgium4.03.56.55.813.2%
Italy1.31.72.11.811.5%
Others2.93.03.93.78.5%
Total23.722.539.741.020.0%

Top Suppliers of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor to Greece in 2022:

  1. China (464.6K units)
  2. Austria (310.2K units)
  3. Belgium (71.1K units)
  4. Germany (64.0K units)
  5. Italy (17.9K units)

Exports of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Greece

Exports of in-hand motor grinders, sanders and planers from Greece reduced rapidly to 132K units in 2022, which is down by -45.6% against 2021 figures. Over the period under review, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 696% against the previous year. As a result, the exports reached the peak of 243K units, and then declined significantly in the following year.

In value terms, exports of in-hand motor grinders, sanders and planers shrank to $3.5M in 2022. In general, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 111% against the previous year. As a result, the exports reached the peak of $4M, and then declined in the following year.

Export of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cyprus8941,0261,5871,52519.5%
Italy27818232740713.5%
Germany61.336.510539786.4%
Belgium30821144.53554.8%
Romania27.556.223898.953.2%
Hungary1.915.119.182.0250.8%
LithuaniaN/A0.730621.1449.0%
Marshall IslandsN/AN/A8.02.7-66.3%
Czech Republic1.0N/A25.0N/A400.0%
Others3563781,35563621.3%
Total1,9281,9064,0153,52522.3%

Top Export Markets for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor from Greece in 2022:

  1. Italy (62.5K units)
  2. Cyprus (20.1K units)
  3. Germany (14.2K units)
  4. Belgium (8.5K units)
  5. Marshall Islands (7.9K units)
  6. Romania (6.4K units)
  7. Hungary (3.5K units)
  8. Lithuania (0.5K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for electromechanical tools for working in the hand, with self-contained electric motor 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:

    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:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. 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.

    1. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS
    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. MARKET STRUCTURE
      3. TRADE BALANCE
      4. PER CAPITA CONSUMPTION
      5. MARKET FORECAST TO 2030
    4. 4. MOST PROMISING PRODUCT

      Finding New Products to Diversify Your Business

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCT
      4. MOST TRADED PRODUCT
      5. MOST PROFITABLE PRODUCT FOR EXPORT
    5. 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
      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. TOP EXPORTING COUNTRIES
      4. LOW-COST EXPORTING COUNTRIES
    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Exports

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS
    7. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. LIST OF TABLES

      1. Key Findings In 2023
      2. Market Volume, In Physical Terms, 2012–2023
      3. Market Value, 2012–2023
      4. Per Capita Consumption In 2012-2023
      5. Imports, In Physical Terms, By Country, 2012–2023
      6. Imports, In Value Terms, By Country, 2012–2023
      7. Import Prices, By Country Of Origin, 2012–2023
      8. Exports, In Physical Terms, By Country, 2012–2023
      9. Exports, In Value Terms, By Country, 2012–2023
      10. Export Prices, By Country Of Destination, 2012–2023
    12. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
      4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
      5. Trade Balance, In Physical Terms, 2012-2023
      6. Trade Balance, In Value Terms, 2012-2023
      7. Per Capita Consumption, 2012-2023
      8. Market Volume Forecast to 2030
      9. Market Value Forecast to 2030
      10. Products: Market Size And Growth, By Type
      11. Products: Average Per Capita Consumption, By Type
      12. Products: Exports And Growth, By Type
      13. Products: Export Prices And Growth, By Type
      14. Production Volume And Growth
      15. Exports And Growth
      16. Export Prices And Growth
      17. Market Size And Growth
      18. Per Capita Consumption
      19. Imports And Growth
      20. Import Prices
      21. Production, In Physical Terms, 2012–2023
      22. Production, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, 2012–2023
      24. Imports, In Value Terms, 2012–2023
      25. Imports, In Physical Terms, By Country, 2023
      26. Imports, In Physical Terms, By Country, 2012–2023
      27. Imports, In Value Terms, By Country, 2012–2023
      28. Import Prices, By Country Of Origin, 2012–2023
      29. Exports, In Physical Terms, 2012–2023
      30. Exports, In Value Terms, 2012–2023
      31. Exports, In Physical Terms, By Country, 2023
      32. Exports, In Physical Terms, By Country, 2012–2023
      33. Exports, In Value Terms, By Country, 2012–2023
      34. Export Prices, By Country Of Destination, 2012–2023
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