Insects; Live, Bees Price in Greece - 2023

Contents:

  1. Insects; Live, Bees Price in Greece (CIF) - 2022
  2. Insects; Live, Bees Price in Greece (FOB) - 2022
  3. Insects; Live, Bees Imports in Greece
  4. Insects; Live, Bees Exports in Greece

Insects; Live, Bees Price in Greece (CIF) - 2022

The average insects; live, bees import price stood at $0.6 per unit in 2022, waning by -5.2% against the previous year. In general, the import price continues to indicate a abrupt decline. The pace of growth was the most pronounced in 2016 when the average import price increased by 917%. The import price peaked at $16 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Belgium.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +30.7% per year.

Insects; Live, Bees Price in Greece (FOB) - 2022

In 2022, the average insects; live, bees export price amounted to $30 per unit, increasing by 2,036% against the previous year. Over the period under review, the export price enjoyed a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Lebanon.

From 2014 to 2022, the rate of growth in terms of prices for Lebanon amounted to +11.7% per year.

Insects; Live, Bees Imports in Greece

In 2022, approx. 343K units of insects; live, beeses were imported into Greece; approximately equating 2021 figures. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +12.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +41.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 32% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, insects; live, bees imports dropped slightly to $220K in 2022. The total import value increased at an average annual rate of +6.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 33% against the previous year. As a result, imports attained the peak of $231K, and then declined modestly in the following year.

Import of Insects; Live, Bees in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium12315922822021.4%
Israel60.714.62.5N/A-79.7%
OthersN/AN/A0.3N/A0%
Total1841732312206.1%

Top Suppliers of Insects; Live, Bees to Greece in 2022:

  1. Belgium (343.3K units)

Insects; Live, Bees Exports in Greece

In 2022, after two years of decline, there was significant decline in shipments abroad of insects; live, beeses, when their volume decreased by -99.6% to 52 units. In general, exports showed a dramatic setback. The exports peaked at 14K units in 2021, and then fell notably in the following year.

In value terms, insects; live, bees exports contracted markedly to $1.5K in 2022. Over the period under review, exports recorded a abrupt contraction. Over the period under review, the exports hit record highs at $19K in 2021, and then contracted significantly in the following year.

Export of Insects; Live, Bees in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
LebanonN/AN/AN/A1.50%
JordanN/AN/A9.4N/A0%
France2.1N/A7.3N/A86.4%
Netherlands0.2N/A2.7N/A267.4%
OthersN/AN/AN/AN/A0%
Total2.4N/A19.41.5-14.5%

Top Export Markets for Insects; Live, Bees from Greece in 2022:

  1. Lebanon (52.0 units)

Source: IndexBox Market Intelligence Platform

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