Greece - Dried Milk - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPowdered Milk Price in Greece - 2023
Contents:
- Powdered Milk Price in Greece (CIF) - 2023
- Powdered Milk Price in Greece (FOB) - 2023
- Powdered Milk Imports in Greece
- Powdered Milk Exports in Greece
Powdered Milk Price in Greece (CIF) - 2023
The average powdered milk import price stood at $3,282 per ton in July 2023, growing by 4.1% against the previous month. Over the period under review, the import price, however, continues to indicate a mild shrinkage. The pace of growth was the most pronounced in August 2022 when the average import price increased by 14% against the previous month. As a result, import price reached the peak level of $4,248 per ton. From September 2022 to July 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was France ($5,801 per ton), while the price for the Netherlands ($2,833 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Austria (+1.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Powdered Milk Price in Greece (FOB) - 2023
In July 2023, the average powdered milk export price amounted to $3,380 per ton, with a decrease of -1.7% against the previous month. Overall, the export price continues to indicate a noticeable descent. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 14% month-to-month. Over the period under review, the average export prices reached the peak figure at $4,398 per ton in August 2022; however, from September 2022 to July 2023, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In July 2023, the countries with the highest prices were Romania ($3,745 per ton) and North Macedonia ($3,549 per ton), while the average price for exports to Cyprus ($3,124 per ton) and Bulgaria ($3,374 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (+1.3%), while the prices for the other major destinations experienced a decline.
Powdered Milk Imports in Greece
In 2022, powdered milk imports into Greece reduced rapidly to 13K tons, waning by -36% against the year before. In general, imports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2021 when imports increased by 47%. As a result, imports attained the peak of 21K tons, and then dropped rapidly in the following year.
In value terms, powdered milk imports contracted to $53M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +11.2% 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 +47.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 57% against the previous year. As a result, imports attained the peak of $56M, and then reduced in the following year.
| Import of Powdered Milk in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 10.7 | 6.2 | 6.3 | 11.4 | 2.1% |
| Poland | 4.8 | 5.4 | 4.6 | 7.5 | 16.0% |
| France | 2.9 | 2.9 | 4.6 | 6.0 | 27.4% |
| Netherlands | 4.0 | 7.7 | 21.1 | 5.3 | 9.8% |
| Austria | 2.1 | 3.3 | 4.0 | 4.4 | 28.0% |
| Ireland | 2.7 | 1.4 | 1.4 | 3.9 | 13.0% |
| Denmark | 1.3 | 0.6 | 1.3 | 3.3 | 36.4% |
| Italy | 0.7 | 0.6 | 1.3 | 3.1 | 64.2% |
| Bulgaria | 1.4 | 1.3 | 1.5 | 1.9 | 10.7% |
| Lithuania | 0.6 | 0.3 | 1.1 | 1.8 | 44.2% |
| Belgium | 1.7 | 2.6 | 3.1 | 1.6 | -2.0% |
| United Kingdom | 3.0 | 0.6 | 1.9 | 0.8 | -35.6% |
| Sweden | 1.4 | 1.6 | 0.9 | 0.2 | -47.7% |
| Others | 1.3 | 1.5 | 3.3 | 1.6 | 7.2% |
| Total | 38.4 | 35.9 | 56.4 | 52.8 | 11.2% |
Top Suppliers of Powdered Milk to Greece in 2022:
- Germany (2895.3 tons)
- France (2310.2 tons)
- Poland (1558.0 tons)
- Austria (1246.4 tons)
- Netherlands (1176.5 tons)
- Italy (836.4 tons)
- Ireland (822.4 tons)
- Denmark (656.0 tons)
- Bulgaria (478.1 tons)
- Lithuania (395.3 tons)
- Belgium (344.1 tons)
- United Kingdom (171.3 tons)
- Sweden (38.1 tons)
Powdered Milk Exports in Greece
In 2022, the amount of powdered milk exported from Greece shrank significantly to 783 tons, dropping by -39.3% against the year before. Over the period under review, exports recorded a sharp shrinkage. The smallest decline of -8.1% was in 2021.
In value terms, powdered milk exports declined notably to $3.1M in 2022. In general, exports faced a sharp descent. The smallest decline of -20.5% was in 2020.
| Export of Powdered Milk in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bulgaria | 315 | 612 | 702 | 997 | 46.8% |
| Cyprus | 752 | 490 | 681 | 903 | 6.3% |
| Albania | 944 | 576 | 791 | 616 | -13.3% |
| Romania | 352 | 66.8 | 855 | 284 | -6.9% |
| North Macedonia | 99.3 | 119 | 302 | 93.9 | -1.8% |
| Spain | N/A | 1.2 | N/A | 91.2 | 771.8% |
| Netherlands | 799 | 1,160 | 882 | 81.5 | -53.3% |
| United Kingdom | 377 | 128 | N/A | 0.8 | -87.1% |
| New Zealand | 5,192 | 3,566 | N/A | N/A | -31.3% |
| Jordan | N/A | 148 | 53.0 | N/A | -64.2% |
| Others | 108 | 238 | 92.3 | 59.3 | -18.1% |
| Total | 8,940 | 7,105 | 4,358 | 3,127 | -29.5% |
Top Export Markets for Powdered Milk from Greece in 2022:
- Cyprus (276.9 tons)
- Bulgaria (219.3 tons)
- Albania (131.8 tons)
- Romania (71.6 tons)
- Netherlands (22.4 tons)
- North Macedonia (22.0 tons)
- Spain (20.0 tons)
- United Kingdom (0.2 tons)
This report provides an in-depth analysis of the powdered milk 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 897 - Dry Whole Cow Milk
- FCL 898 - Dry Skim Cow Milk
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
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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, PRODUCING ANIMALS 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
- Producing Animals Slaughtered, 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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This report provides an in-depth analysis of the powdered milk market in Greece.
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Explore the top import markets for powdered milk and discover key statistics and numbers showcasing the global trade in this sector. China, Algeria, Indonesia, Mexico, United Arab Emirates, Philippines, Netherlands, Malaysia, Belgium, and Thailand are the leading countries in the import value of powdered milk.
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Germany dominates in the global skimmed milk trade. In 2014, Germany exported X thousand tons of skimmed milk totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total skimmed mi
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Explore the top import markets for powdered milk and discover key statistics and numbers showcasing the global trade in this sector. China, Algeria, Indonesia, Mexico, United Arab Emirates, Philippines, Netherlands, Malaysia, Belgium, and Thailand are the leading countries in the import value of powdered milk.
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Germany dominates in the global skimmed milk trade. In 2014, Germany exported X thousand tons of skimmed milk totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total skimmed mi
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New Zealand seized control of the market for evaporated and condensed milk. In 2014, New Zealand exported X thousand tons of evaporated and condensed milk totaling X million USD, X% over the previous year. Its primary trading partner was Chin
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Explore the top import markets for powdered, evaporated, and condensed milk in the world. Learn about the countries with the highest import values and key statistics. Find out how IndexBox market intelligence platform provides valuable insights.
