Greece - Glucose And Glucose Syrup - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGlucose Price in Greece - 2023
Contents:
- Glucose Price in Greece (CIF) - 2023
- Glucose Price in Greece (FOB) - 2022
- Glucose Imports in Greece
- Glucose Exports in Greece
Glucose Price in Greece (CIF) - 2023
In September 2023, the average glucose import price amounted to $979 per ton, rising by 9.4% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +2.9%. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 33% m-o-m. The import price peaked at $1,175 per ton in January 2023; however, from February 2023 to September 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($2,112 per ton), while the price for Hungary ($703 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Belgium (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Glucose Price in Greece (FOB) - 2022
The average glucose export price stood at $1,119 per ton in 2022, picking up by 2.5% against the previous year. Over the period under review, export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, glucose export price increased by +48.8% against 2016 indices. The growth pace was the most rapid in 2014 when the average export price increased by 44%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($1,982 per ton), while the average price for exports to the Czech Republic ($738 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 (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.
Glucose Imports in Greece
In 2022, the amount of glucose and glucose syrup imported into Greece amounted to 45K tons, surging by 2.4% on the previous year. In general, imports, however, recorded a slight shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 11%.
In value terms, glucose imports surged to $32M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +16.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +84.3% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Glucose in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bulgaria | 10.8 | 9.1 | 10.8 | 19.4 | 21.6% |
| Italy | 4.7 | 3.6 | 4.0 | 5.1 | 2.8% |
| Hungary | 1.6 | 2.1 | 1.3 | 2.4 | 14.5% |
| Belgium | 1.0 | 0.7 | 1.5 | 1.5 | 14.5% |
| Austria | 0.3 | 0.3 | 1.0 | 1.1 | 54.2% |
| Others | 2.2 | 1.9 | 2.4 | 2.9 | 9.6% |
| Total | 20.7 | 17.6 | 21.0 | 32.5 | 16.2% |
Top Suppliers of Glucose to Greece in 2022:
- Bulgaria (27.0K tons)
- Italy (7.4K tons)
- Hungary (4.7K tons)
- Austria (1.9K tons)
- Belgium (1.7K tons)
Glucose Exports in Greece
In 2022, the amount of glucose and glucose syrup exported from Greece soared to 1.8K tons, picking up by 197% against the previous year's figure. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, glucose exports surged to $2M in 2022. In general, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Glucose in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 26.7 | 0.4 | 0.2 | 622 | 185.6% |
| North Macedonia | 148 | 238 | 172 | 301 | 26.7% |
| Czech Republic | 0.6 | 155 | N/A | 287 | 682.1% |
| Poland | N/A | N/A | 121 | 220 | 81.8% |
| Cyprus | 256 | 127 | 140 | 169 | -12.9% |
| Germany | 9.6 | 4.4 | 3.6 | 142 | 145.5% |
| Albania | 27.0 | 37.4 | 73.1 | 75.1 | 40.6% |
| Bulgaria | 71.6 | 53.9 | 36.9 | 33.3 | -22.5% |
| Others | 109 | 43.3 | 106 | 139 | 8.4% |
| Total | 648 | 659 | 653 | 1,989 | 45.3% |
Top Export Markets for Glucose from Greece in 2022:
- Czech Republic (389.1 tons)
- Italy (313.9 tons)
- Poland (296.6 tons)
- North Macedonia (265.7 tons)
- Germany (159.2 tons)
- Cyprus (141.0 tons)
- Albania (84.4 tons)
- Bulgaria (21.7 tons)
This report provides an in-depth analysis of the glucose market 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:
- Prodcom 10621310 - Glucose and glucose syrup (excluding with added flavouring or colouring matter)
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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