Greece - Evaporated And Condensed Milk - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Evaporated and Condensed Milk in Greece - 2023
Contents:
- Price for Evaporated and Condensed Milk in Greece (CIF) - 2023
- Price for Evaporated and Condensed Milk in Greece (FOB) - 2023
- Imports of Evaporated and Condensed Milk in Greece
- Exports of Evaporated and Condensed Milk in Greece
Price for Evaporated and Condensed Milk in Greece (CIF) - 2023
In July 2023, the average evaporated and condensed milk import price amounted to $1,242 per ton, with an increase of 8% against the previous month. Overall, the import price, however, showed a mild decline. Over the period under review, average import prices attained the peak figure at $1,521 per ton in August 2022; however, from September 2022 to July 2023, 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 Romania ($2,147 per ton), while the price for Belgium ($889 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 Romania (+1.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Evaporated and Condensed Milk in Greece (FOB) - 2023
In July 2023, the average evaporated and condensed milk export price amounted to $3,639 per ton, growing by 2.8% against the previous month. Overall, export price indicated a temperate increase from July 2022 to July 2023: its price increased at an average monthly rate of +2.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, evaporated and condensed milk export price decreased by -12.8% against May 2023 indices. The most prominent rate of growth was recorded in December 2022 an increase of 26% m-o-m. Over the period under review, the average export prices hit record highs at $4,330 per ton in February 2023; however, from March 2023 to July 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Cyprus ($3,864 per ton), while the average price for exports to Albania totaled $1,969 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+4.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Evaporated and Condensed Milk in Greece
In 2022, imports of evaporated and condensed milk into Greece amounted to 148K tons, approximately equating the previous year's figure. The total import volume increased at an average annual rate of +7.0% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2020 when imports increased by 18%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, evaporated and condensed milk imports skyrocketed to $218M in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.1% 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 +73.3% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Evaporated and Condensed Milk in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 64.0 | 86.1 | 85.0 | 108 | 19.1% |
| Netherlands | 32.4 | 38.1 | 42.3 | 62.8 | 24.7% |
| Belgium | 6.7 | 5.1 | 18.2 | 20.0 | 44.0% |
| France | 6.8 | 6.9 | 12.2 | 10.0 | 13.7% |
| Romania | 7.1 | 9.3 | 8.2 | 7.4 | 1.4% |
| Poland | 4.0 | 3.5 | 2.2 | 2.3 | -16.8% |
| Others | 4.7 | 6.6 | 6.4 | 7.5 | 16.9% |
| Total | 126 | 156 | 174 | 218 | 20.0% |
Top Suppliers of Evaporated and Condensed Milk to Greece in 2022:
- Germany (75.3K tons)
- Netherlands (37.0K tons)
- Belgium (14.9K tons)
- France (8.2K tons)
- Romania (4.6K tons)
- Poland (1.6K tons)
Exports of Evaporated and Condensed Milk in Greece
For the fourth year in a row, Greece recorded growth in overseas shipments of evaporated and condensed milk, which increased by 45% to 2.9K tons in 2022. Over the period under review, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 55% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, evaporated and condensed milk exports soared to $6.2M in 2022. In general, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +81.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 38% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Evaporated and Condensed Milk in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cyprus | 2,811 | 3,238 | 3,386 | 3,039 | 2.6% |
| Romania | 16.8 | 472 | 159 | 2,679 | 442.3% |
| Bulgaria | 52.3 | 675 | 1,046 | 214 | 59.9% |
| Albania | 136 | 139 | 139 | 116 | -5.2% |
| Serbia | 88.0 | 114 | 151 | 105 | 6.1% |
| Libya | 278 | N/A | N/A | N/A | 0% |
| Others | 56.2 | 114 | 104 | 71.7 | 8.5% |
| Total | 3,439 | 4,751 | 4,985 | 6,226 | 21.9% |
Top Export Markets for Evaporated and Condensed Milk from Greece in 2022:
- Romania (1635.7 tons)
- Cyprus (1043.2 tons)
- Bulgaria (126.8 tons)
- Albania (59.7 tons)
- Serbia (41.0 tons)
This report provides an in-depth analysis of the market for evaporated and condensed milk 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 889 - Whole Milk, Condensed
- FCL 894 - Whole Milk, Evaporated
- FCL 895 - Skim Milk, Evaporated
- FCL 896 - Skim Milk, Condensed
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, 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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