Price for Vegetable Products Not Elsewhere Specified or Included in Greece - 2024

Contents:

  1. Price for Vegetable Products Not Elsewhere Specified or Included in Greece (CIF) - 2024
  2. Price for Vegetable Products Not Elsewhere Specified or Included in Greece (FOB) - 2022
  3. Imports of Vegetable Products Not Elsewhere Specified or Included in Greece
  4. Exports of Vegetable Products Not Elsewhere Specified or Included in Greece

Price for Vegetable Products Not Elsewhere Specified or Included in Greece (CIF) - 2024

The average import price for vegetable products not elsewhere specified or includeds stood at $244 per ton in August 2023, increasing by 12% against the previous month. Over the period under review, the import price continues to indicate resilient growth. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 106% m-o-m. As a result, import price attained the peak level of $448 per ton. From May 2023 to August 2023, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In August 2023, the country with the highest price was India ($222 per ton), while the price for Bulgaria stood at $150 per ton.

From January 2023 to August 2023, the most notable rate of growth in terms of prices was attained by Russia (-2.3%), while the prices for the other major suppliers experienced a decline.

Price for Vegetable Products Not Elsewhere Specified or Included in Greece (FOB) - 2022

The average export price for vegetable products not elsewhere specified or includeds stood at $364 per ton in 2022, with an increase of 13% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 180%. Over the period under review, the average export prices hit record highs at $699 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($876 per ton), while the average price for exports to Kosovo ($11 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 Bulgaria (+4.1%), while the prices for the other major destinations experienced a decline.

Imports of Vegetable Products Not Elsewhere Specified or Included in Greece

In 2022, imports of vegetable products not elsewhere specified or includeds into Greece skyrocketed to 25K tons, increasing by 82% on the year before. Over the period under review, imports, however, showed a deep setback.

In value terms, imports of vegetable products not elsewhere specified or includeds soared to $12M in 2022. Overall, imports recorded a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Vegetable Products Not Elsewhere Specified or Included in Greece (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia5.83.43.710.421.5%
Bulgaria1.60.10.40.6-27.9%
Ukraine0.81.40.10.2-37.0%
Others0.30.20.70.518.6%
Total8.65.24.911.710.8%

Top Suppliers of Vegetable Products Not Elsewhere Specified or Included to Greece in 2022:

  1. Russia (14.3K tons)
  2. Bulgaria (9.4K tons)
  3. Ukraine (0.3K tons)

Exports of Vegetable Products Not Elsewhere Specified or Included in Greece

For the fourth year in a row, Greece recorded growth in shipments abroad of vegetable products not elsewhere specified or includeds, which increased by 65% to 6.8K tons in 2022. In general, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of vegetable products not elsewhere specified or includeds surged to $3M in 2022. Over the period under review, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Vegetable Products Not Elsewhere Specified or Included in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SpainN/AN/AN/A1,7080%
Italy4038121,41593732.5%
Bulgaria21.712.236.3305141.3%
North Macedonia2.120310218.3105.8%
KosovoN/AN/AN/A9.80%
Others23782.133.432.3-48.5%
Total6641,1091,5873,01165.5%

Top Export Markets for Vegetable Products Not Elsewhere Specified or Included from Greece in 2022:

  1. Italy (3.1K tons)
  2. Spain (2.0K tons)
  3. Kosovo (0.9K tons)
  4. Bulgaria (0.9K tons)
  5. North Macedonia (0.1K tons)

Source: IndexBox Market Intelligence Platform

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