Greece - Oranges - Market Analysis, Forecast, Size, Trends and Insights
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View PricingOrange Price in Greece - 2023
Contents:
- Orange Price in Greece (FOB) - 2023
- Orange Price in Greece (CIF) - 2022
- Orange Exports in Greece
- Orange Imports in Greece
Orange Price in Greece (FOB) - 2023
In August 2023, the average orange export price amounted to $928 per ton, growing by 8.4% against the previous month. Over the period under review, export price indicated a buoyant expansion from August 2022 to August 2023: its price increased at an average monthly rate of +5.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, orange export price increased by +59.7% against January 2023 indices. The most prominent rate of growth was recorded in September 2022 an increase of 24% month-to-month. The export price peaked in August 2023.
There were significant differences in the average prices for the major foreign markets. In August 2023, the country with the highest price was France ($2,139 per ton), while the average price for exports to Bulgaria ($391 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.
Orange Price in Greece (CIF) - 2022
In 2022, the average orange import price amounted to $590 per ton, which is down by -24.8% against the previous year. Overall, the import price saw a pronounced descent. The most prominent rate of growth was recorded in 2020 when the average import price increased by 22%. Over the period under review, average import prices hit record highs at $868 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($1,091 per ton), while the price for Egypt ($357 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+1.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Orange Exports in Greece
After three years of growth, shipments abroad of oranges decreased by -19.1% to 266K tons in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 22% against the previous year.
In value terms, orange exports contracted rapidly to $148M in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +5.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -20.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 47%. As a result, the exports attained the peak of $186M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Orange in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 26.4 | 33.3 | 31.3 | 31.6 | 6.2% |
| Germany | 16.4 | 29.9 | 32.5 | 20.1 | 7.0% |
| Poland | 12.8 | 14.6 | 20.5 | 16.7 | 9.3% |
| Serbia | 11.1 | 14.2 | 14.9 | 12.1 | 2.9% |
| Hungary | 10.0 | 13.8 | 14.0 | 11.2 | 3.8% |
| Bulgaria | 6.3 | 7.7 | 8.3 | 7.4 | 5.5% |
| Czech Republic | 5.2 | 7.4 | 9.0 | 5.9 | 4.3% |
| Austria | 4.9 | 8.6 | 6.3 | 5.3 | 2.7% |
| North Macedonia | 5.0 | 5.9 | 6.7 | 4.5 | -3.5% |
| Italy | 2.0 | 11.6 | 5.3 | 4.4 | 30.1% |
| Croatia | 2.6 | 4.0 | 4.4 | 4.3 | 18.3% |
| Albania | 3.2 | 4.7 | 3.4 | 2.6 | -6.7% |
| Bosnia and Herzegovina | 3.1 | 3.4 | 3.8 | 2.4 | -8.2% |
| Others | 16.8 | 26.4 | 24.9 | 19.7 | 5.5% |
| Total | 126 | 186 | 185 | 148 | 5.5% |
Top Export Markets for Orange from Greece in 2022:
- Romania (52.9K tons)
- Germany (31.4K tons)
- Bulgaria (26.2K tons)
- Poland (23.5K tons)
- Serbia (21.0K tons)
- Hungary (20.5K tons)
- Albania (11.2K tons)
- North Macedonia (11.2K tons)
- Czech Republic (8.3K tons)
- Italy (8.2K tons)
- Austria (7.4K tons)
- Croatia (7.2K tons)
- Bosnia and Herzegovina (6.2K tons)
Orange Imports in Greece
In 2022, the amount of oranges imported into Greece surged to 4.3K tons, with an increase of 74% against 2021 figures. In general, total imports indicated a pronounced increase from 2019 to 2022: its volume increased at an average annual rate of +3.4% 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 decreased by -17.0% against 2020 indices.
In value terms, orange imports surged to $2.6M in 2022. Overall, imports, however, showed a pronounced curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 62%. As a result, imports reached the peak of $4.5M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Orange in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 317 | 831 | 209 | 592 | 23.1% |
| South Africa | 830 | 1,446 | 719 | 575 | -11.5% |
| Netherlands | 834 | 948 | 509 | 422 | -20.3% |
| Germany | 35.7 | 52.9 | 85.5 | 188 | 74.0% |
| Romania | 87.5 | N/A | 8.4 | 162 | 22.8% |
| Spain | 24.9 | 89.9 | 42.0 | 95.6 | 56.6% |
| Cyprus | 326 | 447 | 49.7 | 88.4 | -35.3% |
| Austria | N/A | 36.5 | 19.0 | 80.9 | 48.9% |
| Slovakia | N/A | N/A | N/A | 78.2 | 0% |
| Argentina | N/A | 25.5 | 36.5 | 64.0 | 58.4% |
| Poland | 51.6 | 6.4 | 0.8 | 60.5 | 5.4% |
| Bulgaria | 54.5 | 45.6 | 58.7 | 43.5 | -7.2% |
| Hungary | N/A | N/A | N/A | 42.2 | 0% |
| Others | 228 | 585 | 217 | 69.8 | -32.6% |
| Total | 2,789 | 4,514 | 1,955 | 2,563 | -2.8% |
Top Suppliers of Orange to Greece in 2022:
- Egypt (1658.4 tons)
- South Africa (677.5 tons)
- Netherlands (387.3 tons)
- Romania (305.3 tons)
- Germany (246.5 tons)
- Slovakia (156.2 tons)
- Austria (144.1 tons)
- Cyprus (139.1 tons)
- Spain (119.6 tons)
- Poland (119.1 tons)
- Bulgaria (107.2 tons)
- Argentina (83.7 tons)
- Hungary (80.0 tons)
This report provides an in-depth analysis of the orange 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:
- FCL 490 - Oranges
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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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