Price for Textile Machinery; Spinning Machines in Greece - 2023

Contents:

  1. Price for Textile Machinery; Spinning Machines in Greece (CIF) - 2022
  2. Price for Textile Machinery; Spinning Machines in Greece (FOB) - 2022
  3. Imports of Textile Machinery; Spinning Machines in Greece
  4. Exports of Textile Machinery; Spinning Machines in Greece

Price for Textile Machinery; Spinning Machines in Greece (CIF) - 2022

In 2022, the average textile machinery; spinning machines import price amounted to $4,885 per unit, declining by -96.3% against the previous year. Overall, the import price, however, showed a significant increase. The pace of growth was the most pronounced in 2021 when the average import price increased by 18,901%. As a result, import price reached the peak level of $131,107 per unit, and then shrank markedly in the following year.

As there is only one major supplying country, the average price level is determined by prices for Spain.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +76.8% per year.

Price for Textile Machinery; Spinning Machines in Greece (FOB) - 2022

The average textile machinery; spinning machines export price stood at $1,008 per unit in 2021, remaining constant against the previous year. Over the period under review, the export price faced a significant decline. The pace of growth appeared the most rapid in 2016 when the average export price increased by 508% against the previous year. As a result, the export price attained the peak level of $25,130 per unit. From 2017 to 2021, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Pakistan.

From 2012 to 2021, the rate of growth in terms of prices for Italy amounted to +114.4% per year.

Imports of Textile Machinery; Spinning Machines in Greece

In 2022, approx. 7 units of textile machinery; spinning machineses were imported into Greece; approximately mirroring 2021 figures. In general, imports recorded a precipitous setback. The pace of growth appeared the most rapid in 2021 with an increase of 600%. Over the period under review, imports reached the maximum at 21 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, textile machinery; spinning machines imports dropped significantly to $34K in 2022. Overall, imports posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 132,907% against the previous year. As a result, imports reached the peak of $918K, and then shrank rapidly in the following year.

Import of Textile Machinery; Spinning Machines in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SpainN/AN/AN/A34.20%
BelgiumN/AN/A0.1N/A0%
Germany2.4N/AN/AN/A0%
AustriaN/AN/A28.1N/A0%
IndiaN/AN/A890N/A0%
Italy7.6N/AN/AN/A0%
NetherlandsN/A0.1N/AN/A0%
OthersN/A0.6N/AN/A0%
Total10.00.791834.250.7%

Top Suppliers of Textile Machinery; Spinning Machines to Greece in 2022:

  1. Spain (7.0 units)

Exports of Textile Machinery; Spinning Machines in Greece

Textile machinery; spinning machines exports from Greece was estimated at 6 units in 2021, almost unchanged from 2020. Overall, exports showed a significant expansion. The smallest decline of 99.9% was in 2020. Over the period under review, the exports reached the peak figure in 2021 and are likely to continue growth in years to come.

In value terms, textile machinery; spinning machines exports totaled $6K in 2021. Over the period under review, exports continue to indicate a remarkable increase. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

Export of Textile Machinery; Spinning Machines in Greece (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
PakistanN/AN/A6.00%
India4.5N/AN/A0%
OthersN/AN/AN/A0%
Total4.5N/A6.015.5%

Top Export Markets for Textile Machinery; Spinning Machines from Greece in 2022:

  1. Pakistan (6.0 units)

Source: IndexBox Market Intelligence Platform

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