Greece - Semi-Milled Or Wholly Milled (Bleached) Rice - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMilled Rice Price in Greece - 2023
Contents:
- Milled Rice Price in Greece (FOB) - 2023
- Milled Rice Price in Greece (CIF) - 2023
- Milled Rice Exports in Greece
- Milled Rice Imports in Greece
Milled Rice Price in Greece (FOB) - 2023
The average milled rice export price stood at $1,125 per ton in June 2023, approximately reflecting the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +2.5%. The pace of growth appeared the most rapid in November 2022 an increase of 17% month-to-month. Over the period under review, the average export prices hit record highs in June 2023.
Average prices varied somewhat for the major export markets. In June 2023, the countries with the highest prices were Cyprus ($1,489 per ton) and Belgium ($1,454 per ton), while the average price for exports to Turkey ($1,075 per ton) and Switzerland ($1,102 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.
Milled Rice Price in Greece (CIF) - 2023
The average milled rice import price stood at $1,170 per ton in June 2023, with an increase of 8.3% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.8%. The growth pace was the most rapid in September 2022 when the average import price increased by 31% against the previous month. Over the period under review, average import prices reached the peak figure at $1,290 per ton in November 2022; however, from December 2022 to June 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Italy ($2,613 per ton), while the price for Cambodia ($715 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Spain (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Milled Rice Exports in Greece
In 2022, approx. 59K tons of semi-milled or wholly milled (bleached) rice were exported from Greece; with a decrease of -10.3% against 2021 figures. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 32% against the previous year. As a result, the exports reached the peak of 65K tons, and then fell in the following year.
In value terms, milled rice exports rose significantly to $47M in 2022. The total export value increased at an average annual rate of +8.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 29% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Milled Rice in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Jordan | 1.3 | 0.5 | 0.6 | 7.2 | 76.9% |
| Poland | 0.8 | 0.9 | 5.0 | 4.4 | 76.5% |
| Spain | 0.4 | 0.4 | 1.4 | 4.0 | 115.4% |
| Italy | N/A | 0.1 | 1.1 | 3.9 | 524.5% |
| Hungary | 1.3 | 0.8 | 4.5 | 3.4 | 37.8% |
| Romania | 1.1 | 1.4 | 5.1 | 2.8 | 36.5% |
| Cyprus | 1.9 | 1.9 | 2.2 | 2.7 | 12.4% |
| Finland | 0.1 | N/A | 0.3 | 2.4 | 188.4% |
| Bulgaria | 1.2 | 1.4 | 4.0 | 2.3 | 24.2% |
| United Kingdom | 1.6 | 2.5 | 4.6 | 2.1 | 9.5% |
| Turkey | 19.8 | 14.7 | 3.5 | 1.8 | -55.0% |
| Serbia | 0.7 | 1.6 | 1.5 | 1.7 | 34.4% |
| France | 1.3 | N/A | 0.5 | N/A | -38.0% |
| Others | 5.2 | 6.0 | 7.4 | 8.1 | 15.9% |
| Total | 36.6 | 32.3 | 41.6 | 46.8 | 8.5% |
Top Export Markets for Milled Rice from Greece in 2022:
- France (undefinedK tons)
- Jordan (8.3K tons)
- Poland (6.0K tons)
- Hungary (5.1K tons)
- Spain (5.0K tons)
- Italy (4.8K tons)
- Romania (3.9K tons)
- Bulgaria (3.5K tons)
- United Kingdom (3.1K tons)
- Finland (2.8K tons)
- Cyprus (2.7K tons)
- Serbia (2.2K tons)
- Turkey (2.1K tons)
Milled Rice Imports in Greece
In 2022, imports of semi-milled or wholly milled (bleached) rice into Greece surged to 26K tons, growing by 90% against the previous year. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +6.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, milled rice imports skyrocketed to $25M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +11.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Milled Rice in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 3.9 | 4.8 | 4.0 | 4.2 | 2.5% |
| Myanmar | 1.2 | 1.6 | N/A | 4.0 | 49.4% |
| Spain | 1.5 | 2.4 | 0.4 | 3.7 | 35.1% |
| Italy | 3.3 | 4.0 | 2.8 | 2.9 | -4.2% |
| Belgium | 2.7 | 2.6 | 2.8 | 2.6 | -1.3% |
| Cambodia | 1.0 | 0.5 | 0.5 | 1.8 | 21.6% |
| India | 1.0 | 1.0 | 0.8 | 1.1 | 3.2% |
| Bulgaria | 0.2 | 0.3 | 0.2 | 0.9 | 65.1% |
| Others | 3.1 | 3.8 | 3.8 | 3.6 | 5.1% |
| Total | 17.9 | 20.9 | 15.3 | 24.8 | 11.5% |
Top Suppliers of Milled Rice to Greece in 2022:
- Myanmar (5.7K tons)
- Spain (4.9K tons)
- Pakistan (4.5K tons)
- Italy (2.2K tons)
- Cambodia (2.1K tons)
- Bulgaria (1.5K tons)
- Belgium (1.4K tons)
- India (1.1K tons)
This report provides an in-depth analysis of the milled rice 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 10611230 - Semi-milled or wholly milled (bleached) rice (including camolino rice)
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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