Greece: Tap And Valve Market 2024

Tap And Valve Market Size in Greece

The Greek tap and valve market skyrocketed to $X in 2023, growing by X% against the previous year. In general, consumption, however, continues to indicate a remarkable increase. Tap and valve consumption peaked in 2023 and is expected to retain growth in years to come.

Tap And Valve Production in Greece

In value terms, tap and valve production stood at $X in 2023 estimated in export price. Over the period under review, production, however, showed moderate growth. The pace of growth was the most pronounced in 2021 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X; afterwards, it flattened through to 2023.

Tap And Valve Exports

Exports from Greece

Tap and valve exports from Greece soared to X tons in 2023, surging by X% on the previous year. The total export volume increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The exports peaked at X tons in 2015; however, from 2016 to 2023, the exports remained at a lower figure.

In value terms, tap and valve exports expanded rapidly to $X in 2023. The total export value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports attained the peak of $X. From 2022 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

Bangladesh (X tons), Cyprus (X tons) and Germany (X tons) were the main destinations of tap and valve exports from Greece, together comprising X% of total exports.

From 2012 to 2023, the biggest increases were recorded for Bangladesh (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Cyprus ($X) remains the key foreign market for taps, cocks, valves and similar appliances exports from Greece, comprising X% of total exports. The second position in the ranking was taken by Romania ($X), with an X% share of total exports. It was followed by Germany, with a X% share.

From 2012 to 2023, the average annual growth rate of value to Cyprus stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (X% per year) and Germany (X% per year).

Export Prices by Country

The average tap and valve export price stood at $X per ton in 2023, declining by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2021; however, from 2022 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cyprus ($X per ton), while the average price for exports to Bangladesh ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Tap And Valve Imports

Imports into Greece

In 2023, after three years of growth, there was decline in supplies from abroad of taps, cocks, valves and similar appliances, when their volume decreased by X% to X tons. Over the period under review, total imports indicated tangible growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2022, and then contracted modestly in the following year.

In value terms, tap and valve imports soared to $X in 2023. In general, imports, however, showed prominent growth. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2023 and are likely to see steady growth in years to come.

Imports by Country

Italy (X tons), China (X tons) and Germany (X tons) were the main suppliers of tap and valve imports to Greece, with a combined X% share of total imports. Spain, South Korea, Bulgaria and France lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of taps, cocks, valves and similar appliances to Greece, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from Italy totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and China (X% per year).

Import Prices by Country

The average tap and valve import price stood at $X per ton in 2023, growing by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum in 2023 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Bulgaria (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform