Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Greece - 2023
Contents:
- Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Greece (CIF) - 2022
- Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Greece (FOB) - 2022
- Imports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Greece
- Exports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Greece
Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Greece (CIF) - 2022
The average import price for refrigerating or freezing equipment; parts thereof, other than furniture stood at $47 per unit in 2022, which is down by -5.1% against the previous year. In general, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for refrigerating or freezing equipment; parts thereof, other than furniture increased by +86.5% against 2016 indices. The most prominent rate of growth was recorded in 2017 an increase of 37%. Over the period under review, average import prices reached the peak figure at $50 per unit in 2021, and then shrank in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($76 per unit), while the price for Romania ($21 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Greece (FOB) - 2022
In 2022, the average export price for refrigerating or freezing equipment; parts thereof, other than furniture amounted to $55 per unit, shrinking by -24.9% against the previous year. Overall, the export price, however, posted prominent growth. The pace of growth appeared the most rapid in 2021 when the average export price increased by 49% against the previous year. As a result, the export price reached the peak level of $73 per unit, and then contracted markedly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($215 per unit), while the average price for exports to Israel ($22 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 (+36.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Greece
In 2022, approx. 841K units of refrigerating or freezing equipment; parts thereof, other than furniture were imported into Greece; surging by 6.8% on 2021 figures. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +14.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.0% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 19% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, imports of refrigerating or freezing equipment; parts thereof, other than furniture amounted to $40M in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 56%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.
| Import of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 8.9 | 8.1 | 13.0 | 13.5 | 14.9% |
| France | 2.1 | 3.8 | 7.3 | 6.4 | 45.0% |
| Netherlands | 1.4 | 1.5 | 3.4 | 4.5 | 47.6% |
| Turkey | 2.3 | 1.4 | 1.9 | 2.1 | -3.0% |
| Ireland | 0.9 | 1.2 | 1.4 | 2.1 | 32.6% |
| Germany | 2.1 | 1.9 | 2.1 | 1.8 | -5.0% |
| Romania | 0.3 | 0.5 | 0.7 | 1.7 | 78.3% |
| China | 0.7 | 0.7 | 1.0 | 1.7 | 34.4% |
| Others | 4.2 | 6.0 | 8.3 | 5.8 | 11.4% |
| Total | 22.8 | 25.0 | 39.1 | 39.6 | 20.2% |
Top Suppliers of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture to Greece in 2022:
- Italy (265.7K units)
- France (115.9K units)
- Romania (81.4K units)
- Turkey (72.1K units)
- Netherlands (60.0K units)
- Ireland (54.2K units)
- China (51.8K units)
- Germany (28.4K units)
Exports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Greece
In 2022, overseas shipments of refrigerating or freezing equipment; parts thereof, other than furniture were finally on the rise to reach 167K units after two years of decline. In general, exports, however, recorded a abrupt curtailment. The exports peaked at 195K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of refrigerating or freezing equipment; parts thereof, other than furniture soared to $9.2M in 2022. Overall, exports posted a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Algeria | 559 | N/A | N/A | 1,379 | 35.1% |
| India | 1,226 | 703 | 935 | 1,375 | 3.9% |
| Cyprus | 946 | 887 | 1,250 | 1,303 | 11.3% |
| Ireland | 4.7 | 0.9 | 13.4 | 814 | 457.4% |
| United States | 86.7 | 257 | 75.2 | 645 | 95.2% |
| Romania | 956 | 479 | 470 | 632 | -12.9% |
| Iran | N/A | 169 | N/A | 445 | 62.3% |
| Qatar | 411 | 0.3 | 1.4 | 423 | 1.0% |
| Singapore | 14.7 | 85.2 | 440 | 232 | 150.8% |
| France | 75.6 | 145 | 87.5 | 177 | 32.8% |
| Russia | 771 | 176 | 45.3 | 122 | -45.9% |
| United Kingdom | 7.8 | 51.5 | 141 | 99.4 | 133.6% |
| Israel | 142 | 12.3 | 7.1 | 70.5 | -20.8% |
| Others | 2,196 | 1,661 | 1,721 | 1,505 | -11.8% |
| Total | 7,398 | 4,627 | 5,186 | 9,222 | 7.6% |
Top Export Markets for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture from Greece in 2022:
- Algeria (56.0K units)
- Cyprus (21.1K units)
- Ireland (15.1K units)
- United States (13.1K units)
- Iran (11.6K units)
- Romania (6.9K units)
- India (6.4K units)
- Russia (4.5K units)
- Qatar (4.0K units)
- Singapore (3.3K units)
- France (3.3K units)
- Israel (3.2K units)
- United Kingdom (2.6K units)
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