Price for Flour, Meal, and Flakes of Potatoes in Greece - 2023

Contents:

  1. Price for Flour, Meal, and Flakes of Potatoes in Greece (CIF) - 2022
  2. Price for Flour, Meal, and Flakes of Potatoes in Greece (FOB) - 2022
  3. Imports of Flour, Meal, and Flakes of Potatoes in Greece
  4. Exports of Flour, Meal, and Flakes of Potatoes in Greece

Price for Flour, Meal, and Flakes of Potatoes in Greece (CIF) - 2022

The average import price for flour, meal, and flakes of potatoeses stood at $1,256 per ton in 2022, rising by 12% against the previous year. In general, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for flour, meal, and flakes of potatoeses increased by +120.3% against 2017 indices. The most prominent rate of growth was recorded in 2018 an increase of 72%. The import price peaked in 2022 and is expected to retain 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 France ($3,267 per ton), while the price for Bulgaria ($516 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Flour, Meal, and Flakes of Potatoes in Greece (FOB) - 2022

The average export price for flour, meal, and flakes of potatoeses stood at $1,384 per ton in 2022, with an increase of 50% against the previous year. Overall, the export price enjoyed a remarkable increase. The pace of growth was the most pronounced in 2014 an increase of 91%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Albania ($2,252 per ton), while the average price for exports to Cyprus ($1,029 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 the UK (+25.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Flour, Meal, and Flakes of Potatoes in Greece

In 2022, supplies from abroad of flour, meal, and flakes of potatoeses was finally on the rise to reach 4.5K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a slight shrinkage.

In value terms, imports of flour, meal, and flakes of potatoeses surged to $5.6M in 2022. The total import value increased at an average annual rate of +10.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Flour, Meal, and Flakes of Potatoes in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands7259251,2321,74934.1%
Germany1,3351,083848978-9.9%
Bulgaria61974883594615.2%
France15875071776068.8%
Belgium752463385603-7.1%
Italy61.889.417121651.8%
Romania15.67.455.811292.9%
Poland36426.212.4102-34.6%
Others1301631631525.3%
Total4,1594,2564,4195,61810.5%

Top Suppliers of Flour, Meal, and Flakes of Potatoes to Greece in 2022:

  1. Bulgaria (1832.8 tons)
  2. Netherlands (1065.2 tons)
  3. Germany (592.5 tons)
  4. Belgium (268.0 tons)
  5. France (232.7 tons)
  6. Italy (229.5 tons)
  7. Romania (110.4 tons)
  8. Poland (50.1 tons)

Exports of Flour, Meal, and Flakes of Potatoes in Greece

In 2022, approx. 319 tons of flour, meal, and flakes of potatoeses were exported from Greece; waning by -20% compared with the previous year's figure. Over the period under review, exports showed a deep reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 6.5%.

In value terms, exports of flour, meal, and flakes of potatoeses skyrocketed to $441K in 2022. Overall, exports recorded a pronounced downturn.

Export of Flour, Meal, and Flakes of Potatoes in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania17.94.53.313194.2%
Cyprus335189205131-26.9%
Albania62.459.967.572.45.1%
Bulgaria36.221.147.968.723.8%
Germany47.150.217.125.2-18.8%
Others5.631.627.013.032.4%
Total504356368441-4.4%

Top Export Markets for Flour, Meal, and Flakes of Potatoes from Greece in 2022:

  1. Cyprus (127.3 tons)
  2. Romania (83.4 tons)
  3. Bulgaria (47.3 tons)
  4. Albania (32.2 tons)
  5. Germany (22.6 tons)

Source: IndexBox Market Intelligence Platform

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