Greece: Pulley Tackle and Hoists Driven by Electric Motors Market Analysis in 2022

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Greece: Pulley Tackle and Hoists Driven by Electric Motors Market Analysis in 2022

The Greek market for pulley tackle and hoists powered by an electric motor soared to $X in 2021, increasing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded significant growth. Consumption of peaked in 2021 and is likely to see steady growth in the near future.

Exports of Pulley Tackle And Hoists Powered By An Electric Motor

In 2021, about X sets of pulley blocks and cranes driven by electric motors were exported from Greece; an increase of X% over the previous year. Exports have grown significantly during the reporting period. As a result, exports have peaked and may continue to grow in the short term.

In terms of value, 2021 exports of electric pulley blocks and cranes soared to X dollars. Overall, export growth was strong. As a result, exports have peaked and may continue to grow in the short term.

Phần lan (X units) is the main export destination of Greek electric pulley blocks and cranes, accounting for X% of total exports. In addition, the number of pulley blocks and electric hoists exported to Finland was more than four times that sent to the second largest destination, Cyprus (Taiwan X). North Macedonia (unit X) ranks third in total exports with a share of X%.

From 2012 to 2021, the average annual growth rate in Finland is relatively modest. The average annual growth rate of exports to other major destinations is as follows: Cyprus (+X% per annum) and North Macedonia (X% per annum).

In terms of value, Cyprus (USD X) remains the main foreign market for electric motor driven pulley blocks and cranes exported by Greece, accounting for X% of total exports. In second place is Finland ($X), with X% of total exports. It is followed by Nigeria with a share of X%.

Between 2012 and 2021, Cyprus will achieve an average annual value growth rate of +X%. The average annual growth rate of exports to other major destinations is as follows: Finland (X% per annum) and Nigeria (+X% per annum).

Imports of Pulley Tackle And Hoists Powered By An Electric Motor

For the fourth year in a row, Greece achieved an increase in foreign supply of electric motor-driven pulley blocks and cranes, increasing by X% to X units in 2021. Overall, imports continued to grow significantly. 2013 appears to have seen the fastest growth, with an increase of X%. During the review period, China's imports peaked in 2021 and are expected to keep growing in the near future.

In terms of value, 2021 imports of electric pulley blocks and cranes soared to $X. Overall, imports rose sharply. The growth rate was most notable in 2013, with an increase of X% compared to the previous year. Imports peaked in 2021 and are expected to keep growing in the coming years.

In 2021, Nước Ý (X units) constituted the largest pulley blocks and cranes powered by Greek motor suppliers, accounting for X% of total imports. In addition, the number of pulley blocks and electric hoists imported from Italy is more than four times that of the second largest supplier China (X Taiwan). In third place is Đức (X units) with a share of X%.

From 2012 to 2021, the average annual sales volume growth rate in Italy reaches +X%. The average annual growth rates of imports for the remaining suppliers are as follows: China (+X% per annum) and Germany (+X% per annum).

Finland ($X), Germany ($X and Italy) appear to be the largest pulley blocks and cranes in Greece by value, powered by motor suppliers, together accounting for X% of total imports. With a CAGR of +X%, Finland recorded the highest growth rate in import value among major suppliers during the reporting period, while other leaders saw slower growth in purchases.

Statistics of various crane suppliers in Greece

In value terms, the largest pulley tackle and hoists powered by an electric motor suppliers to Greece were Finland, Germany and Italy, with a combined 78% share of total imports.

In value terms, Cyprus remains the key foreign market for pulley tackle and hoists powered by an electric motor exports from Greece, comprising 62% of total exports. The second position in the ranking was held by Finland, with a 23% share of total exports. It was followed by Nigeria, with a 6% share.

The average export price for pulley tackle and hoists powered by an electric motor stood at $170 per unit in 2021, declining by -75.3% against the previous year.

In 2021, the average import price for pulley tackle and hoists powered by an electric motor amounted to $119 per unit, shrinking by -2.8% against the previous year.

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