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Greece - Dairy Spreads - Market Analysis, Forecast, Size, Trends And Insights
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View PricingDairy Spread Price in Greece - 2023
Contents:
- Dairy Spread Price in Greece (FOB) - 2023
- Dairy Spread Price in Greece (CIF) - 2022
- Dairy Spread Exports in Greece
- Dairy Spread Imports in Greece
Dairy Spread Price in Greece (FOB) - 2023
In May 2023, the average dairy spread export price amounted to $5,824 per ton, dropping by -13.9% against the previous month. Over the period under review, export price indicated a noticeable expansion from May 2022 to May 2023: its price increased at an average monthly rate of +3.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on May 2023 figures, dairy spread export price increased by +84.2% against February 2023 indices. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 60% against the previous month. The export price peaked at $6,763 per ton in April 2023, and then shrank in the following month.
There were significant differences in the average prices for the major overseas markets. In May 2023, the country with the highest price was Romania ($6,231 per ton), while the average price for exports to Bulgaria totaled $2,964 per ton.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+4.4%), while the prices for the other major destinations experienced mixed trend patterns.
Dairy Spread Price in Greece (CIF) - 2022
The average dairy spread import price stood at $4,238 per ton in 2022, growing by 19% against the previous year. Over the period under review, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, dairy spread import price increased by +141.4% against 2018 indices. The pace of growth was the most pronounced in 2019 when the average import price increased by 41%. The import price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($9,082 per ton), while the price for Romania ($2,640 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Dairy Spread Exports in Greece
For the fourth year in a row, Greece recorded growth in overseas shipments of dairy spreads, which increased by 47% to 1.8K tons in 2022. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +19.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.9% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, dairy spread exports surged to $6M in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +17.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.0% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Dairy Spread in Greece (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Romania | 2.7 | 3.5 | 4.2 | 3.1 | 4.7% |
Bulgaria | 0.9 | 0.6 | 0.5 | 2.2 | 34.7% |
Italy | N/A | N/A | N/A | 0.5 | 0% |
Netherlands | N/A | N/A | N/A | 0.2 | 0% |
Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
Total | 3.7 | 4.2 | 4.8 | 6.0 | 17.5% |
Top Export Markets for Dairy Spread from Greece in 2022:
- Bulgaria (870.1 tons)
- Romania (681.6 tons)
- Italy (146.3 tons)
- Netherlands (48.2 tons)
Dairy Spread Imports in Greece
In 2022, overseas purchases of dairy spreads decreased by -19.7% to 548 tons, falling for the second consecutive year after two years of growth. Overall, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 5.4% against the previous year. As a result, imports reached the peak of 714 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, dairy spread imports declined slightly to $2.3M in 2022. The total import value increased at an average annual rate of +11.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 26% against the previous year.
Import of Dairy Spread in Greece (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Romania | 1,229 | 1,379 | 1,328 | 954 | -8.1% |
Netherlands | N/A | N/A | 448 | 903 | 101.6% |
Germany | 104 | 138 | 324 | 225 | 29.3% |
Belgium | 262 | 238 | 146 | 148 | -17.3% |
Bulgaria | 36.6 | 5.2 | 47.0 | 78.4 | 28.9% |
France | N/A | 305 | 137 | N/A | -55.1% |
Others | 48.7 | 54.7 | 1.2 | 14.3 | -33.5% |
Total | 1,680 | 2,120 | 2,431 | 2,323 | 11.4% |
Top Suppliers of Dairy Spread to Greece in 2022:
- Romania (361.5 tons)
- Netherlands (99.5 tons)
- Germany (41.0 tons)
- Belgium (26.1 tons)
- Bulgaria (18.6 tons)
This report provides an in-depth analysis of the dairy spread 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:
- Prodcom 10513070 - Dairy spreads of a fat content by weight < .80 %
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
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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
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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
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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
This report provides an in-depth analysis of the dairy spread market in Greece.
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