Refrigerated Vessel Market Overview in Greece
In value terms, refrigerated vessel production rose modestly to $ in 2019 estimated in export prices. The total output value increased at an average annual rate of +% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the production volume increased by % against the previous year. Refrigerated vessel production peaked in 2019 and is likely to see steady growth in the near future.
The revenue of the refrigerated vessel market in Greece rose modestly to $ in 2019, picking up 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, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2011 when the market value increased by % year-to-year. Refrigerated vessel consumption peaked in 2019 and is likely to see gradual growth in the near future.