Telephonic Switching Apparatus Market Overview in Greece
Market Overview
For the third consecutive year, the Greek telephonic switching apparatus market recorded decline in sales value, which decreased by -
% to $ in 2019. In general, consumption continues to indicate a pronounced slump. The pace of growth appeared the most rapid in 2008 with an increase of % year-to-year. As a result, consumption attained the peak level of $. From 2009 to 2019, the growth of the market remained at a somewhat lower figure.
In value terms, telephonic switching apparatus production fell to $ in 2019 estimated in export prices. In general, production saw a abrupt descent. The growth pace was the most rapid in 2015 when the production volume increased by % y-o-y. Telephonic switching apparatus production peaked at $ in 2007; however, from 2008 to 2019, production stood at a somewhat lower figure.
% to $ in 2019. In general, consumption continues to indicate a pronounced slump. The pace of growth appeared the most rapid in 2008 with an increase of % year-to-year. As a result, consumption attained the peak level of $. From 2009 to 2019, the growth of the market remained at a somewhat lower figure.In value terms, telephonic switching apparatus production fell to $
in 2019 estimated in export prices. In general, production saw a abrupt descent. The growth pace was the most rapid in 2015 when the production volume increased by % y-o-y. Telephonic switching apparatus production peaked at $ in 2007; however, from 2008 to 2019, production stood at a somewhat lower figure.Consumption
In 2019, telephonic switching apparatus consumption in Greece fell to units, waning by -% against 2018 figures. In general, consumption saw a slight slump. The growth pace was the most rapid in 2008 with an increase of % y-o-y. As a result, consumption attained the peak volume of units. From 2009 to 2019, the growth of the consumption failed to regain the momentum.
The revenue of the telephonic switching apparatus market in Greece dropped slightly to $ in 2019, waning by -% 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). Over the period under review, consumption recorded a perceptible slump. The growth pace was the most rapid in 2008 when the market value increased by % year-to-year. As a result, consumption reached the peak level of $. From 2009 to 2019, the growth of the market failed to regain the momentum.
units, waning by -% against 2018 figures. In general, consumption saw a slight slump. The growth pace was the most rapid in 2008 with an increase of % y-o-y. As a result, consumption attained the peak volume of units. From 2009 to 2019, the growth of the consumption failed to regain the momentum.The revenue of the telephonic switching apparatus market in Greece dropped slightly to $
in 2019, waning by -% 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). Over the period under review, consumption recorded a perceptible slump. The growth pace was the most rapid in 2008 when the market value increased by % year-to-year. As a result, consumption reached the peak level of $. From 2009 to 2019, the growth of the market failed to regain the momentum.Market Forecast
Depressed by shrinking demand for telephonic switching apparatus in Greece, the market is expected to continue its downward consumption trend over the next decade. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from 2019 to , which is projected to depress the market volume to units by the end of .
% for the period from 2019 to , which is projected to depress the market volume to units by the end of .Market Structure
Telephonic switching apparatus market in Greece consists almost entirely of imported products.
Trade Balance
Greece remains a net importer of telephonic switching apparatus; in physical and value terms, imports consistently exceeded exports from 2007 to 2019. In 2019, there was a significant trade deficit of units, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
units, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
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