The coaxial cables market in Greece experienced fluctuations over the past decade, with a notable decline from 2013's 2.8613 million kilograms to 2023's 1.9934 million kilograms. The market faced a significant downturn in 2020, with a 19% year-on-year drop, but saw a partial recovery in 2021. However, the past two years showed a persistent decline, with the most recent CAGR showing an average annual decrease of 2.85% over the last five years.
Future trends to watch for include:
- Potential technological advancements in digital communication that may affect demand.
- Market shifts towards newer alternatives to coaxial cables, impacting volume.
- Possible recovery influenced by economic policies and infrastructure investments in Greece.