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Greece - Crude Sunflower-Seed and Safflower Oil - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGreece: Market for Crude Sunflower-Seed And Safflower Oil 2024
Market Size for Crude Sunflower-Seed And Safflower Oil in Greece
In 2023, the Greek market for crude sunflower-seed and safflower oil increased by X% to $X, rising for the fourth consecutive year after two years of decline. Over the period under review, consumption saw a prominent increase. Over the period under review, the market hit record highs in 2023 and is likely to see gradual growth in the immediate term.
Production of Crude Sunflower-Seed And Safflower Oil in Greece
In value terms, crude sunflower-seed and safflower oil production expanded markedly to $X in 2023 estimated in export price. Overall, production, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level in 2023 and is likely to see gradual growth in the near future.
Exports of Crude Sunflower-Seed And Safflower Oil
Exports from Greece
In 2023, exports of crude sunflower-seed and safflower oil from Greece contracted significantly to X tons, waning by X% compared with the previous year. Overall, exports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2022 to 2023, the growth of the exports remained at a somewhat lower figure.
In value terms, crude sunflower-seed and safflower oil exports shrank rapidly to $X in 2023. In general, exports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports attained the peak of $X. From 2022 to 2023, the growth of the exports failed to regain momentum.
Exports by Country
Sweden (X tons), Cyprus (X tons) and Romania (X tons) were the main destinations of crude sunflower-seed and safflower oil exports from Greece, together comprising X% of total exports. Bahamas, Slovakia, Bulgaria, Albania, the Czech Republic, Germany and Belgium lagged somewhat behind, together accounting for a further X%.
From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bahamas (with a CAGR of X%), while the other leaders experienced more modest paces of growth.
In value terms, Sweden ($X) emerged as the key foreign market for crude sunflower-seed and safflower oil exports from Greece, comprising X% of total exports. The second position in the ranking was taken by Cyprus ($X), with an X% share of total exports. It was followed by Bahamas, with a X% share.
From 2012 to 2023, the average annual growth rate of value to Sweden amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cyprus (X% per year) and Bahamas (X% per year).
Export Prices by Country
The average export price for crude sunflower-seed and safflower oil stood at $X per ton in 2023, with an increase of X% against the previous year. Over the period under review, export price indicated a measured expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, crude sunflower-seed and safflower oil export price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2022 when the average export price increased by X% against the previous year. The export price peaked in 2023 and is likely to see gradual growth in years to come.
There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to Albania ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Crude Sunflower-Seed And Safflower Oil
Imports into Greece
After two years of decline, overseas purchases of crude sunflower-seed and safflower oil increased by X% to X tons in 2023. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Imports peaked at X tons in 2017; however, from 2018 to 2023, imports remained at a lower figure.
In value terms, crude sunflower-seed and safflower oil imports fell dramatically to $X in 2023. In general, imports, however, continue to indicate a mild setback. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2023, the growth of imports failed to regain momentum.
Imports by Country
In 2023, Bulgaria (X tons) constituted the largest crude sunflower-seed and safflower oil supplier to Greece, accounting for a X% share of total imports. Moreover, crude sunflower-seed and safflower oil imports from Bulgaria exceeded the figures recorded by the second-largest supplier, Italy (X tons), sevenfold. Serbia (X tons) ranked third in terms of total imports with a X% share.
From 2012 to 2023, the average annual growth rate of volume from Bulgaria amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Serbia (X% per year).
In value terms, Bulgaria ($X) constituted the largest supplier of crude sunflower-seed and safflower oil to Greece, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with a X% share of total imports. It was followed by Serbia, with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of value from Bulgaria amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Serbia (X% per year).
Import Prices by Country
In 2023, the average import price for crude sunflower-seed and safflower oil amounted to $X per ton, dropping by X% against the previous year. In general, the import price showed a mild shrinkage. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The import price peaked at $X per ton in 2022, and then contracted markedly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Romania ($X per ton), while the price for Moldova ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Romania (X%), while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for crude sunflower-seed and safflower oil in Greece. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 268 - Oil of Sunflower Seed
- FCL 281 - Oil of Safflower Seed
Country coverage:
- Greece
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Greece
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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