Price for Milking Machines and Dairy Machinery in Greece - 2023

Contents:

  1. Price for Milking Machines and Dairy Machinery in Greece (CIF) - 2022
  2. Price for Milking Machines and Dairy Machinery in Greece (FOB) - 2022
  3. Imports of Milking Machines and Dairy Machinery in Greece
  4. Exports of Milking Machines and Dairy Machinery in Greece

Price for Milking Machines and Dairy Machinery in Greece (CIF) - 2022

In 2022, the average import price for milking machines and dairy machineries amounted to $3,185 per unit, rising by 25% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 39%. As a result, import price reached the peak level of $4,419 per unit. From 2016 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 Germany ($5,043 per unit), while the price for Belgium ($432 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Milking Machines and Dairy Machinery in Greece (FOB) - 2022

In 2022, the average export price for milking machines and dairy machineries amounted to $2,977 per unit, with an increase of 32% against the previous year. Overall, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, milking machines and dairy machinery export price decreased by -10.3% against 2019 indices. The export price peaked at $3,317 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Iran ($9,744 per unit), while the average price for exports to Turkey ($1,404 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 Iran (+17.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Milking Machines and Dairy Machinery in Greece

In 2022, the amount of milking machines and dairy machineries imported into Greece skyrocketed to 11K units, rising by 26% on 2021. Over the period under review, imports, however, showed a pronounced shrinkage. Over the period under review, imports hit record highs at 12K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, milking machines and dairy machinery imports surged to $35M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +14.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.0% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Milking Machines and Dairy Machinery in Greece (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany9.87.410.725.036.6%
Italy2.43.24.23.917.6%
Netherlands1.40.41.11.1-7.7%
Turkey0.40.50.80.614.5%
France2.30.71.00.6-36.1%
Bulgaria2.21.10.40.5-39.0%
Belgium0.30.40.70.30.0%
SloveniaN/AN/AN/A0.20%
Poland0.30.10.20.1-30.7%
Others4.47.83.12.6-16.1%
Total23.621.622.335.014.0%

Top Suppliers of Milking Machines and Dairy Machinery to Greece in 2022:

  1. Germany (4.9K units)
  2. Italy (2.3K units)
  3. France (1.0K units)
  4. Belgium (0.7K units)
  5. Turkey (0.5K units)
  6. Slovenia (0.3K units)
  7. Bulgaria (0.3K units)
  8. Netherlands (0.2K units)
  9. Poland (0.1K units)

Exports of Milking Machines and Dairy Machinery in Greece

In 2022, approx. 4.5K units of milking machines and dairy machineries were exported from Greece; with a decrease of -13.3% on the previous year's figure. Over the period under review, exports saw a abrupt downturn. The growth pace was the most rapid in 2021 when exports increased by 49%. Over the period under review, the exports reached the peak figure at 5.6K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, milking machines and dairy machinery exports rose notably to $13M in 2022. In general, exports saw a abrupt contraction. Over the period under review, the exports hit record highs at $19M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Milking Machines and Dairy Machinery in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iran6,1941,6269972,735-23.9%
France1391781,1181,425117.2%
Romania53742644480714.5%
Cyprus8731,009614801-2.8%
Italy26586.664759430.9%
Switzerland38268642159115.7%
United States39736339158713.9%
Albania13841723440743.4%
Bulgaria2,6601,326975393-47.1%
Spain1.813.6461375492.8%
United Kingdom12.3136504361208.5%
Turkey21820080.735818.0%
Hungary25.442.295.6256116.0%
Others6,7544,1494,5903,583-19.0%
Total18,59610,65711,57213,272-10.6%

Top Export Markets for Milking Machines and Dairy Machinery from Greece in 2022:

  1. France (551.0 units)
  2. Iran (281.0 units)
  3. Switzerland (274.0 units)
  4. Turkey (255.0 units)
  5. Cyprus (249.0 units)
  6. Italy (225.0 units)
  7. United States (217.0 units)
  8. Albania (210.0 units)
  9. Romania (195.0 units)
  10. Spain (195.0 units)
  11. Bulgaria (178.0 units)
  12. Hungary (147.0 units)
  13. United Kingdom (143.0 units)

Source: IndexBox Market Intelligence Platform

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