Price for Citrus Fruits Not Elsewhere Classified in Greece - 2023
Contents:
- Price for Citrus Fruits Not Elsewhere Classified in Greece (FOB) - 2023
- Price for Citrus Fruits Not Elsewhere Classified in Greece (CIF) - 2023
- Exports of Citrus Fruits Not Elsewhere Classified in Greece
- Imports of Citrus Fruits Not Elsewhere Classified in Greece
Price for Citrus Fruits Not Elsewhere Classified in Greece (FOB) - 2023
The average export price for citrus fruits not elsewhere classified stood at $971 per ton in July 2023, which is down by -2.2% against the previous month. Overall, export price indicated a measured increase from July 2022 to July 2023: its price increased at an average monthly rate of +4.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, citrus fruits not elsewhere classified export price increased by +34.1% against February 2023 indices. The most prominent rate of growth was recorded in October 2022 when the average export price increased by 53% against the previous month. As a result, the export price reached the peak level of $1,075 per ton. From November 2022 to July 2023, the the average export prices failed to regain momentum.
Average prices varied somewhat for the major export markets. In July 2023, the country with the highest price was Bulgaria ($1,204 per ton), while the average price for exports to Germany stood at $919 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Citrus Fruits Not Elsewhere Classified in Greece (CIF) - 2023
The average import price for citrus fruits not elsewhere classified stood at $1,595 per ton in July 2023, picking up by 22% against the previous month. Over the period under review, the import price, however, showed a mild descent. The most prominent rate of growth was recorded in March 2023 an increase of 91% against the previous month. Over the period under review, average import prices hit record highs at $2,843 per ton in April 2023; however, from May 2023 to July 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($2,799 per ton), while the price for the Netherlands amounted to $1,568 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Spain (+1.6%), while the prices for the other major suppliers experienced a decline.
Exports of Citrus Fruits Not Elsewhere Classified in Greece
In 2022, exports of citrus fruits not elsewhere classified from Greece soared to 6.3K tons, increasing by 77% against 2021. In general, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, citrus fruits not elsewhere classified exports soared to $4.1M in 2022. Over the period under review, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 80% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Citrus Fruits Not Elsewhere Classified in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 677 | 608 | 1,305 | 2,905 | 62.5% |
| Italy | 168 | 1,235 | 370 | 387 | 32.1% |
| Slovakia | 640 | 659 | 358 | 205 | -31.6% |
| Czech Republic | N/A | 81.5 | 421 | 122 | 22.3% |
| Bulgaria | 51.4 | 202 | 56.6 | 120 | 32.7% |
| Romania | 160 | 46.9 | 12.7 | 86.4 | -18.6% |
| Denmark | 35.9 | 63.7 | 97.9 | 76.1 | 28.5% |
| Poland | 51.7 | 171 | 21.9 | 69.2 | 10.2% |
| Hungary | 63.8 | 173 | 52.3 | 47.5 | -9.4% |
| Others | 34.3 | 154 | 32.1 | 59.8 | 20.4% |
| Total | 1,881 | 3,395 | 2,728 | 4,078 | 29.4% |
Top Export Markets for Citrus Fruits Not Elsewhere Classified from Greece in 2022:
- Germany (4327.7 tons)
- Italy (705.8 tons)
- Bulgaria (343.4 tons)
- Slovakia (320.8 tons)
- Czech Republic (176.9 tons)
- Romania (120.9 tons)
- Poland (97.3 tons)
- Denmark (92.5 tons)
- Hungary (92.0 tons)
Imports of Citrus Fruits Not Elsewhere Classified in Greece
In 2022, approx. 673 tons of citrus fruits not elsewhere classified were imported into Greece; picking up by 14% compared with the previous year's figure. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +15.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -0.3% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 54% against the previous year. As a result, imports reached the peak of 675 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, citrus fruits not elsewhere classified imports soared to $1.1M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +19.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.7% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Citrus Fruits Not Elsewhere Classified in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 239 | 254 | 418 | 693 | 42.6% |
| Bulgaria | 52.8 | 31.8 | 85.4 | 208 | 57.9% |
| Germany | 84.2 | N/A | 6.3 | 112 | 10.0% |
| Spain | 6.0 | 169 | 179 | 64.0 | 120.1% |
| Italy | 11.3 | 74.9 | 8.1 | 11.7 | 1.2% |
| United Kingdom | 259 | 203 | N/A | N/A | -21.6% |
| Romania | N/A | 11.1 | N/A | N/A | 0% |
| Others | N/A | 12.6 | 10.7 | 19.0 | 22.8% |
| Total | 652 | 757 | 708 | 1,107 | 19.3% |
Top Suppliers of Citrus Fruits Not Elsewhere Classified to Greece in 2022:
- Netherlands (352.8 tons)
- Bulgaria (185.2 tons)
- Germany (62.5 tons)
- Spain (50.3 tons)
- Italy (9.5 tons)
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