Non-Liquid Margarine Price in Greece - 2023
Contents:
- Non-Liquid Margarine Price in Greece (CIF) - 2023
- Non-Liquid Margarine Price in Greece (FOB) - 2023
- Non-Liquid Margarine Imports in Greece
- Non-Liquid Margarine Exports in Greece
Non-Liquid Margarine Price in Greece (CIF) - 2023
The average non-liquid margarine import price stood at $2,470 per ton in June 2023, falling by -13% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.5%. The most prominent rate of growth was recorded in May 2023 an increase of 16% month-to-month. As a result, import price reached the peak level of $2,840 per ton, and then shrank in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Bulgaria ($3,780 per ton), while the price for Denmark ($1,885 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 Austria (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Liquid Margarine Price in Greece (FOB) - 2023
The average non-liquid margarine export price stood at $2,806 per ton in June 2023, waning by -6.6% against the previous month. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in April 2023 an increase of 25% m-o-m. As a result, the export price attained the peak level of $3,338 per ton. From May 2023 to June 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was Cyprus ($4,178 per ton), while the average price for exports to Turkey ($1,362 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus (+0.9%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Liquid Margarine Imports in Greece
In 2022, imports of non-liquid margarine into Greece dropped significantly to 13K tons, waning by -20.5% compared with 2021. Overall, imports recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 0.2%.
In value terms, non-liquid margarine imports reduced slightly to $27M in 2022. The total import value increased at an average annual rate of +2.3% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 19% against the previous year. As a result, imports attained the peak of $27M, leveling off in the following year.
| Import of Non-Liquid Margarine in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 4.8 | 4.9 | 9.3 | 10.7 | 30.6% |
| Italy | 2.3 | 1.7 | 2.1 | 3.3 | 12.8% |
| Belgium | 3.0 | 2.8 | 2.8 | 2.8 | -2.3% |
| Denmark | 1.2 | 1.1 | 1.7 | 2.2 | 22.4% |
| Romania | 1.0 | 1.0 | 1.5 | 2.1 | 28.1% |
| Spain | 1.1 | 1.0 | 1.1 | 1.8 | 17.8% |
| Germany | 1.7 | 0.8 | 0.9 | 1.2 | -11.0% |
| Netherlands | 5.4 | 5.2 | 4.6 | 1.1 | -41.2% |
| Bulgaria | 3.0 | 2.6 | 1.3 | 0.5 | -45.0% |
| Others | 1.6 | 1.4 | 1.5 | 1.2 | -9.1% |
| Total | 25.1 | 22.6 | 26.9 | 26.8 | 2.2% |
Top Suppliers of Non-Liquid Margarine to Greece in 2022:
- Poland (5.0K tons)
- Italy (1.7K tons)
- Belgium (1.6K tons)
- Denmark (1.3K tons)
- Romania (1.0K tons)
- Spain (0.9K tons)
- Germany (0.7K tons)
- Netherlands (0.4K tons)
- Bulgaria (0.2K tons)
Non-Liquid Margarine Exports in Greece
Non-liquid margarine exports from Greece skyrocketed to 7K tons in 2022, jumping by 44% on the previous year. Over the period under review, exports, however, recorded a relatively flat trend pattern.
In value terms, non-liquid margarine exports surged to $20M in 2022. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 150%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Non-Liquid Margarine in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | N/A | N/A | 5.0 | 12.1 | 142.0% |
| Albania | 3.0 | 2.7 | 3.2 | 4.0 | 10.1% |
| Cyprus | 1.2 | 0.6 | 2.1 | 2.9 | 34.2% |
| Bulgaria | 2.0 | 0.6 | 0.7 | 1.3 | -13.4% |
| Romania | 1.3 | 0.3 | N/A | N/A | -76.9% |
| Turkey | 0.6 | 0.3 | 0.3 | N/A | -29.3% |
| Others | 0.7 | 0.1 | 0.2 | 0.1 | -47.7% |
| Total | 8.9 | 4.6 | 11.5 | 20.5 | 32.1% |
Top Export Markets for Non-Liquid Margarine from Greece in 2022:
- Romania (undefinedK tons)
- Israel (3.5K tons)
- Albania (2.0K tons)
- Bulgaria (0.8K tons)
- Cyprus (0.7K tons)
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