Smart Card Market Overview in Greece
In value terms, smart card production stood at $ in 2019 estimated in export prices. Over the period under review, production continues to indicate a strong increase. The growth pace was the most rapid in 2013 when the production volume increased by % against the previous year. Over the period under review, production hit record highs in 2019 and is likely to continue growth in the immediate term.
The size of the smart card market in Greece dropped to $ in 2019, which is down 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). In general, consumption, however, continues to indicate a perceptible shrinkage. The pace of growth was the most pronounced in 2013 when the market value increased by % y-o-y. Smart card consumption peaked at $ in 2009; however, from 2010 to 2019, consumption stood at a somewhat lower figure.