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Greece - Dairy Produce - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDairy Produce Price in Greece - 2023
Contents:
- Dairy Produce Price in Greece (FOB) - 2022
- Dairy Produce Price in Greece (CIF) - 2022
- Dairy Produce Exports in Greece
- Dairy Produce Imports in Greece
Dairy Produce Price in Greece (FOB) - 2022
The average dairy produce export price stood at $4,622 per ton in 2022, surging by 11% against the previous year. Over the period under review, the export price, however, recorded a slight reduction. Over the period under review, the average export prices attained the peak figure at $5,628 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($8,469 per ton), while the average price for exports to Bulgaria ($2,289 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.
Dairy Produce Price in Greece (CIF) - 2022
In 2022, the average dairy produce import price amounted to $2,753 per ton, with an increase of 20% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Denmark ($5,310 per ton), while the price for Hungary ($724 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Dairy Produce Exports in Greece
After three years of growth, shipments abroad of dairy produce decreased by -2.3% to 239K tons in 2022. The total export volume increased at an average annual rate of +7.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 13% against the previous year.
In value terms, dairy produce exports reached $1.1B in 2022. The total export value increased at an average annual rate of +14.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 18% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Dairy Produce in Greece (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 171 | 207 | 242 | 250 | 13.5% |
Italy | 139 | 158 | 194 | 208 | 14.4% |
United Kingdom | 123 | 136 | 135 | 147 | 6.1% |
France | 33.5 | 49.3 | 68.3 | 82.1 | 34.8% |
United States | 31.1 | 35.0 | 49.7 | 53.8 | 20.0% |
Cyprus | 34.3 | 35.4 | 40.2 | 44.1 | 8.7% |
Sweden | 32.0 | 35.5 | 38.8 | 40.4 | 8.1% |
Austria | 30.6 | 34.7 | 29.7 | 33.4 | 3.0% |
Belgium | 13.3 | 15.9 | 26.5 | 32.5 | 34.7% |
Netherlands | 17.9 | 22.7 | 22.8 | 26.4 | 13.8% |
Denmark | 12.1 | 14.5 | 17.5 | 18.6 | 15.4% |
Romania | 9.1 | 13.6 | 18.1 | 16.8 | 22.7% |
Bulgaria | 6.8 | 6.8 | 10.1 | 11.5 | 19.1% |
Others | 92.3 | 101 | 128 | 140 | 14.9% |
Total | 746 | 866 | 1,020 | 1,105 | 14.0% |
Top Export Markets for Dairy Produce from Greece in 2022:
- Italy (60.0K tons)
- United Kingdom (39.5K tons)
- Germany (38.3K tons)
- France (16.3K tons)
- Cyprus (10.8K tons)
- Sweden (7.2K tons)
- Austria (6.9K tons)
- Belgium (6.7K tons)
- United States (6.4K tons)
- Netherlands (6.0K tons)
- Denmark (5.1K tons)
- Bulgaria (5.0K tons)
- Romania (4.7K tons)
Dairy Produce Imports in Greece
In 2022, approx. 440K tons of dairy produce were imported into Greece; with an increase of 2.1% against the year before. The total import volume increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 6.6% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, dairy produce imports skyrocketed to $1.2B in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +12.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.7% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Dairy Produce in Greece (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 254 | 271 | 318 | 396 | 16.0% |
Netherlands | 196 | 188 | 223 | 297 | 14.9% |
Italy | 56.8 | 48.3 | 65.0 | 83.9 | 13.9% |
Denmark | 46.4 | 46.2 | 54.8 | 62.0 | 10.1% |
Austria | 37.0 | 40.1 | 49.9 | 57.2 | 15.6% |
France | 37.8 | 34.3 | 48.4 | 50.1 | 9.8% |
Belgium | 28.5 | 25.5 | 43.3 | 47.9 | 18.9% |
Romania | 34.7 | 36.4 | 37.4 | 42.3 | 6.8% |
Bulgaria | 38.7 | 36.1 | 37.9 | 37.8 | -0.8% |
Poland | 28.1 | 24.1 | 23.1 | 36.5 | 9.1% |
Czech Republic | 4.1 | 4.7 | 5.8 | 10.6 | 37.2% |
Hungary | 8.5 | 8.1 | 10.0 | 9.8 | 4.9% |
Slovenia | 9.1 | 7.0 | 8.8 | 7.2 | -7.5% |
Others | 64.2 | 56.9 | 64.5 | 73.4 | 4.6% |
Total | 845 | 826 | 989 | 1,212 | 12.8% |
Top Suppliers of Dairy Produce to Greece in 2022:
- Germany (156.1K tons)
- Netherlands (88.2K tons)
- Romania (24.6K tons)
- Belgium (21.4K tons)
- Austria (20.6K tons)
- France (18.6K tons)
- Italy (17.2K tons)
- Poland (15.7K tons)
- Hungary (13.5K tons)
- Czech Republic (12.5K tons)
- Bulgaria (11.8K tons)
- Denmark (11.7K tons)
- Slovenia (9.9K tons)
This report provides an in-depth analysis of the dairy produce market in Greece. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 888 - Skim Milk of Cows
- FCL 1130 - Camel milk
- FCL 882 - Cow milk, whole (fresh)
- FCL 1020 - Goat milk
- FCL 982 - Sheep milk
- FCL 951 - Buffalo milk
- FCL 897 - Dry Whole Cow Milk
- FCL 898 - Dry Skim Cow Milk
- FCL 889 - Whole Milk, Condensed
- FCL 894 - Whole Milk, Evaporated
- FCL 895 - Skim Milk, Evaporated
- FCL 896 - Skim Milk, Condensed
- FCL 891 - Yoghurt
- FCL 983 - Butter and Ghee of Sheep Milk
- FCL 1022 - Butter of Goat Milk
- FCL 952 - Butter of Buffalo Milk
- FCL 886 - Butter of Cow Milk
- FCL 887 - Ghee from Cow Milk
- FCL 953 - Ghee, from Buffalo Milk
- FCL 901 - Cheese from Whole Cow Milk
- FCL 904 - Cheese from Skimmed Cow Milk
- FCL 905 - Whey Cheese
- FCL 907 - Processed Cheese
- FCL 955 - Cheese of Buffalo Milk
- FCL 984 - Cheese of Sheep Milk
- FCL 1021 - Cheese of Goat Milk
- FCL 885 - Cream, Fresh
- FCL 893 - Buttermilk, Curdled Milk, Acidified Milk
- FCL 899 - Dry Buttermilk
- FCL 892 - Yoghurt, Concentrated or Unconcent
Country coverage:
- Greece
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Greece
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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