Iron or steel doors, windows, frames and thresholds market in Greece

Earlier Report Observations

The market for iron or steel doors, windows, frames and thresholds in Greece experienced substantial growth from 2018 to 2024. Starting at a value of 33.6 million USD in 2018, the market size expanded consistently each year, surpassing 40 million USD in 2020 and then accelerating to cross 50 million USD in 2021. The most pronounced increase occurred in 2024, when the market reached 70.6 million USD, marking a doubling of the market value over the seven-year period.

This expansion was supported by both domestic production and rising imports. Domestic production more than doubled from 32.2 million USD to 62.6 million USD, while imports grew from 6.3 million USD to 16.7 million USD. Exports also increased but at a slower pace, from 4.9 million USD to 8.8 million USD, resulting in a growing net import position that contributed to the overall market supply.

The period saw no single year of contraction, with annual growth rates varying from moderate to strong, particularly in 2021 and 2024. By the end of 2024, the market had established itself at a significantly higher level compared to the beginning of the decade.

Production iron or steel doors, windows, frames and thresholds in Greece

In value, 2017-2020, K $ US

Greece's production of iron or steel doors, windows, frames, and thresholds has increased for the third consecutive year. In 2020, the output was valued at 39 642 thousand US dollars, marking a modest gain of 8.0% compared to 2019. Over the period from 2017 to 2020, production rose by 52.6%, with a compound annual growth rate of 15.1%.

Annual dynamics of production in Greece in value, 2017-2020, K $ US

In kind, 2017-2020, K unit

Following a two-year advance, Greece's production volume of iron or steel doors, windows, frames, and thresholds declined. In 2020, 150.7 thousand units were produced, showing a slight decrease of 2.7% compared to 2019. Over the period from 2017 to 2020, production increased by 40.3%, with a compound annual growth rate of 12.0%. The maximum volume was recorded in 2019 at 154.8 thousand units, while the largest increase occurred in 2018 with a 21.7% rise.

Annual dynamics of production in Greece in kind, 2017-2020, K unit

Exports iron or steel doors, windows, frames and thresholds from Greece

Exports in kind, K unit

After a two-year gain, Greece's export volume of iron or steel doors, windows, frames, and thresholds declined. In 2020, exports totaled 1 023 thousand units, down by 3.4% compared to the previous year. Between 2017 and 2020, exports increased by 39.2%, equating to an annualized rate of 11.7%. The maximum volume was recorded in 2019 at 1 059 thousand units, and the largest increase occurred in 2019 with a 33.0% rise.

Annual dynamics of product's exports from Greece in kind, 2017-2020, K unit

From 2017 to 2020, the geographical structure of exports in kind was highly diversified. Serbia accounted for 22.4% of exports, North Macedonia for 12.4%, and Germany for 11.4%, together making up only 46.2% of total flows. The remaining 53.8% was distributed among numerous smaller partner countries.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Greece in kind, 2017-2020

Exports in value, K $ US

Greece's exports of iron or steel doors, windows, frames, and thresholds have increased for the second consecutive year. In 2020, Greece exported 6 603 thousand US dollars worth of these products, reflecting a solid advance of 13.3% compared to the previous year. Over the period from 2017 to 2020, exports rose by 33.1%, with a compound annual growth rate of 10.0%. The minimum value was recorded in 2018 at 4 916 thousand US dollars, with the largest decline that year at 0.9%. The largest increase occurred in 2019 with an 18.5% rise.

Annual dynamics of product's exports from Greece in value, 2017-2020, K $ US

The market base for exports in value terms from 2017 to 2020 was wide. Germany accounted for 17.1% of exports, Serbia for 11.0%, and North Macedonia for 7.6%, jointly making up just 35.8% of total flows. The remaining 64.2% was shared by numerous other countries.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Greece in value, 2017-2020

Imports iron or steel doors, windows, frames and thresholds to Greece

Imports in kind, K unit

Imports of iron or steel doors, windows, frames, and thresholds into Greece have increased for the third consecutive year. In 2020, Greece imported 2 920 thousand units, reflecting a steep rise of 60.0% year-over-year. Over the period from 2017 to 2020, imports increased by 89%, with a compound annual growth rate of 23.6%.

Annual dynamics of product's imports to Greece in kind, 2017-2020, K unit

From 2017 to 2020, Italy, Belgium, and Germany consistently remained the main sources for imports in kind. Italy accounted for 55.1% of imports, Belgium for 13.1%, and Germany for 8.1%, together forming 76.3% of total flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Greece in kind, 2017-2020

Imports in value, K $ US

After a two-year advance, foreign supplies of iron or steel doors, windows, frames, and thresholds to Greece declined. In 2020, Greece imported 7 169 thousand US dollars worth of these products, showing no significant change from 2019. Between 2017 and 2020, imports increased by 33.1%, equating to an annualized rate of 10.0%. The maximum value was recorded in 2019 at 7 192 thousand US dollars, and the largest increase occurred in 2018 with a 17.2% rise.

Annual dynamics of product's imports to Greece in value, 2017-2020, K $ US

From 2017 to 2020, Italy, Germany, and the Netherlands continued to be the main suppliers of iron or steel doors, windows, frames, and thresholds to Greece in value terms. Italy accounted for 50.7% of imports, Germany for 15.0%, and the Netherlands for 5.6%, jointly forming 71.3% of total imports.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Greece in value, 2017-2020