Greece: Market for Frozen, Dried And Smoked Fish 2024

Market Size for Frozen, Dried And Smoked Fish in Greece

In 2023, the Greek market for frozen, dried and smoked fish decreased by X% to $X for the first time since 2020, thus ending a two-year rising trend. In general, the total consumption indicated mild growth from 2012 to 2023: its value 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, consumption increased by X% against 2020 indices. Over the period under review, the market attained the peak level at $X in 2022, and then declined in the following year.

Production of Frozen, Dried And Smoked Fish in Greece

In value terms, frozen, dried and smoked fish production fell to $X in 2023 estimated in export price. Over the period under review, production, however, continues to indicate a noticeable descent. The pace of growth was the most pronounced in 2016 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2023, production failed to regain momentum.

Exports of Frozen, Dried And Smoked Fish

Exports from Greece

In 2023, approx. X tons of frozen, dried and smoked fish were exported from Greece; growing by X% on 2022 figures. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2020; however, from 2021 to 2023, the exports failed to regain momentum.

In value terms, frozen, dried and smoked fish exports declined to $X in 2023. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X tons), Spain (X tons) and Italy (X tons) were the main destinations of frozen, dried and smoked fish exports from Greece, together accounting for X% of total exports. Cyprus, Germany, France, Romania, Bulgaria and the UK 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 Romania (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) remains the key foreign market for frozen, dried and smoked fish exports from Greece, comprising X% of total exports. The second position in the ranking was taken by Spain ($X), with an X% share of total exports. It was followed by Italy, with an X% share.

From 2012 to 2023, the average annual growth rate of value to the Netherlands was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and Italy (X% per year).

Export Prices by Country

The average export price for frozen, dried and smoked fish stood at $X per ton in 2023, which is down by X% against the previous year. In general, the export price showed a mild curtailment. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2021; however, from 2022 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Spain ($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 Bulgaria (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Frozen, Dried And Smoked Fish

Imports into Greece

In 2023, the amount of frozen, dried and smoked fish imported into Greece reached X tons, increasing by X% against 2022 figures. The total import volume increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports attained the maximum in 2023 and are likely to continue growth in years to come.

In value terms, frozen, dried and smoked fish imports reduced slightly to $X in 2023. The total import value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by X%. Imports peaked at $X in 2022, and then dropped slightly in the following year.

Imports by Country

The Netherlands (X tons), Ecuador (X tons) and Spain (X tons) were the main suppliers of frozen, dried and smoked fish imports to Greece, together comprising X% of total imports. India, China, Croatia, Vietnam, Germany, Denmark, Sweden, Argentina, Turkey and Norway lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for Norway (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Ecuador ($X) and Spain ($X) appeared to be the largest frozen, dried and smoked fish suppliers to Greece, together comprising X% of total imports. India, Germany, Denmark, China, Sweden, Argentina, Vietnam, Croatia, Turkey and Norway lagged somewhat behind, together comprising a further X%.

Norway, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for frozen, dried and smoked fish stood at $X per ton in 2023, with a decrease of X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X%. The import price peaked at $X per ton in 2022, and then shrank slightly 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 Germany ($X per ton), while the price for Croatia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform