Milking Machine Market Overview in Greece
In value terms, milking machine production reduced to $ in 2019 estimated in export prices. Overall, the total production indicated strong growth from 2007 to 2019: its value increased at an average annual rate of +% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2008 when the production volume increased by % year-to-year. Over the period under review, production hit record highs at $ in 2013; however, from 2014 to 2019, production remained at a lower figure.
The revenue of the milking machine market in Greece stood at $ in 2019, with an increase of % 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). In general, consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010 when the market value increased by % y-o-y. Over the period under review, the market attained the peak level at $ in 2013; however, from 2014 to 2019, consumption stood at a somewhat lower figure.