Mandarins Price in Greece - 2023

Contents:

  1. Mandarins Price in Greece (FOB) - 2022
  2. Mandarins Price in Greece (CIF) - 2022
  3. Mandarins Exports in Greece
  4. Mandarins Imports in Greece

Mandarins Price in Greece (FOB) - 2022

In 2022, the average mandarins export price amounted to $871 per ton, jumping by 32% against the previous year. Over the period from 2017 to 2022, it increased at an average annual rate of +6.6%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($1,992 per ton), while the average price for exports to Turkey stood at $841 per ton.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+11.9%), while the prices for the other major destinations experienced more modest paces of growth.

Mandarins Price in Greece (CIF) - 2022

The average mandarins import price stood at $841 per ton in 2022, dropping by -25.6% against the previous year. Overall, import price indicated a measured expansion from 2017 to 2022: its price increased at an average annual rate of +2.8% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mandarins import price increased by +38.3% against 2018 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 39%. As a result, import price attained the peak level of $1,131 per ton, and then declined notably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($1,353 per ton), while the price for South Africa ($223 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Cyprus (+19.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Mandarins Exports in Greece

In 2022, after three years of growth, there was significant decline in shipments abroad of fruit, edible, when their volume decreased by -18.4% to 19K tons. The total export volume increased at an average annual rate of +5.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year. As a result, the exports attained the peak of 24K tons, and then plummeted in the following year.

In value terms, mandarins exports expanded notably to $17M in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +14.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Mandarins in Greece (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
TurkeyN/AN/AN/A15.70%
SwitzerlandN/AN/AN/A1.00%
Bulgaria0.91.21.0N/A5.4%
Slovakia1.00.50.6N/A-22.5%
Germany0.60.60.6N/A0.0%
Latvia0.60.20.3N/A-29.3%
Lithuania0.8N/A0.2N/A-50.0%
PolandN/A2.65.5N/A111.5%
Serbia0.50.50.3N/A-22.5%
Czech Republic0.70.80.8N/A6.9%
Belarus0.90.40.2N/A-52.9%
Romania4.41.62.6N/A-23.1%
UkraineN/A1.41.6N/A14.3%
Others0.91.71.7N/A37.4%
Total11.111.615.616.714.6%

Top Export Markets for Mandarins from Greece in 2022:

  1. Turkey (18.7K tons)
  2. Switzerland (0.5K tons)

Mandarins Imports in Greece

In 2022, the amount of fruit, edible imported into Greece surged to 1K tons, jumping by 422% on the previous year. In general, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, mandarins imports skyrocketed to $856K in 2022. Over the period under review, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Mandarins in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey20.642.737.0744230.5%
South AfricaN/AN/AN/A91.10%
Brazil2.61.01.221.1101.0%
Cyprus28.446.733.6N/A8.8%
United Kingdom38.022.2N/AN/A-41.6%
Italy48.586.67.7N/A-60.2%
Israel271212124N/A-32.4%
Others10.213.317.3N/A30.2%
Total42042522085626.8%

Top Suppliers of Mandarins to Greece in 2022:

  1. Turkey (549.8 tons)
  2. South Africa (409.1 tons)
  3. Brazil (58.9 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Mandarins - Greece