Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Greece - 2023

Contents:

  1. Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Greece (CIF) - 2023
  2. Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Greece (FOB) - 2023
  3. Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Greece
  4. Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Greece

Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Greece (CIF) - 2023

In November 2023, the average import price for soups and broths and preparations therefor; homogenised composite food preparationses amounted to $3,800 per ton, picking up by 7.7% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.3%. The pace of growth was the most pronounced in July 2023 an increase of 29% m-o-m. As a result, import price attained the peak level of $5,182 per ton. From August 2023 to November 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Bulgaria ($6,321 per ton), while the price for Italy ($3,114 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Greece (FOB) - 2023

The average export price for soups and broths and preparations therefor; homogenised composite food preparationses stood at $3,702 per ton in November 2023, with an increase of 11% against the previous month. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in May 2023 an increase of 32% against the previous month. As a result, the export price reached the peak level of $4,400 per ton. From June 2023 to November 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Cyprus ($5,505 per ton), while the average price for exports to Romania ($1,853 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Greece

In 2022, the amount of soups and broths and preparations therefor; homogenised composite food preparationses imported into Greece soared to 4K tons, picking up by 33% on the previous year's figure. The total import volume increased at an average annual rate of +10.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of soups and broths and preparations therefor; homogenised composite food preparationses skyrocketed to $13M in 2022. The total import value increased at an average annual rate of +7.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Greece (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal0.12.61.23.5227.1%
Germany3.62.82.02.5-11.4%
Slovakia2.02.01.92.46.3%
Poland0.20.40.71.071.0%
Italy1.90.90.70.8-25.0%
Spain0.90.30.40.5-17.8%
Bulgaria0.10.20.30.571.0%
Hungary0.80.90.50.3-27.9%
AustriaN/A0.41.10.3-13.4%
Others0.80.70.71.317.6%
Total10.411.39.713.07.7%

Top Suppliers of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations to Greece in 2022:

  1. Portugal (1253.0 tons)
  2. Slovakia (632.4 tons)
  3. Germany (629.5 tons)
  4. Poland (428.9 tons)
  5. Bulgaria (234.9 tons)
  6. Italy (227.1 tons)
  7. Spain (171.8 tons)
  8. Austria (97.2 tons)
  9. Hungary (64.7 tons)

Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Greece

In 2022, approx. 1.9K tons of soups and broths and preparations therefor; homogenised composite food preparationses were exported from Greece; picking up by 10% compared with the previous year's figure. The total export volume increased at an average annual rate of +1.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 23%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of soups and broths and preparations therefor; homogenised composite food preparationses expanded significantly to $6M in 2022. The total export value increased at an average annual rate of +2.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 23% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Export of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cyprus1,5461,2491,6141,7113.4%
Germany1,492973954921-14.9%
Bulgaria39044865284929.6%
Hungary43135647660111.7%
Belgium3873374254988.8%
Romania2642493102660.3%
France17995.315624210.6%
Austria13010614218512.5%
Others6955085866950.0%
Total5,5134,3225,3145,9682.7%

Top Export Markets for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations from Greece in 2022:

  1. Cyprus (363.1 tons)
  2. Hungary (318.9 tons)
  3. Germany (253.1 tons)
  4. Bulgaria (246.6 tons)
  5. Belgium (200.5 tons)
  6. Romania (101.5 tons)
  7. Austria (87.3 tons)
  8. France (86.0 tons)

Source: IndexBox Market Intelligence Platform

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