Price for Food Preparations Not Elsewhere Specified or Included in Greece - 2023
Contents:
- Price for Food Preparations Not Elsewhere Specified or Included in Greece (FOB) - 2023
- Price for Food Preparations Not Elsewhere Specified or Included in Greece (CIF) - 2023
- Exports of Food Preparations Not Elsewhere Specified or Included in Greece
- Imports of Food Preparations Not Elsewhere Specified or Included in Greece
Price for Food Preparations Not Elsewhere Specified or Included in Greece (FOB) - 2023
The average export price for food preparations not elsewhere specified or included stood at $5,482 per ton in November 2023, falling by -3.2% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 an increase of 10% m-o-m. As a result, the export price reached the peak level of $5,701 per ton. From June 2023 to November 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was France ($14,266 per ton), while the average price for exports to Bosnia and Herzegovina ($1,995 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Food Preparations Not Elsewhere Specified or Included in Greece (CIF) - 2023
The average import price for food preparations not elsewhere specified or included stood at $6,079 per ton in November 2023, growing by 6.3% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in September 2023 when the average import price increased by 31% month-to-month. As a result, import price attained the peak level of $6,405 per ton. From October 2023 to November 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Denmark ($11,753 per ton), while the price for Bulgaria ($2,429 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Denmark (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Food Preparations Not Elsewhere Specified or Included in Greece
In 2022, the amount of food preparations not elsewhere specified or included exported from Greece was estimated at 64K tons, standing approx. at the previous year's figure. The total export volume increased at an average annual rate of +4.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 13%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, exports of food preparations not elsewhere specified or included shrank slightly to $324M in 2022. The total export value increased at an average annual rate of +5.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 16%.
| Export of Food Preparations Not Elsewhere Specified or Included in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 26.4 | 53.7 | 55.3 | 52.7 | 25.9% |
| Germany | 31.7 | 37.5 | 49.8 | 42.9 | 10.6% |
| United Kingdom | 29.3 | 39.4 | 38.5 | 38.5 | 9.5% |
| Cyprus | 31.2 | 31.8 | 30.3 | 29.1 | -2.3% |
| Romania | 4.9 | 5.7 | 7.6 | 10.0 | 26.8% |
| Belgium | 5.0 | 3.2 | 7.9 | 9.5 | 23.9% |
| Poland | 3.7 | 5.5 | 8.0 | 8.2 | 30.4% |
| Albania | 5.3 | 4.9 | 6.5 | 8.1 | 15.2% |
| Italy | 6.6 | 7.8 | 6.8 | 7.2 | 2.9% |
| Bulgaria | 4.9 | 4.6 | 5.1 | 6.3 | 8.7% |
| Sweden | 3.4 | 4.1 | 5.0 | 5.1 | 14.5% |
| Serbia | 4.5 | 3.0 | 3.7 | 4.4 | -0.7% |
| North Macedonia | 4.3 | 3.7 | 3.9 | 3.6 | -5.8% |
| Others | 111 | 110 | 105 | 98.3 | -4.0% |
| Total | 272 | 315 | 334 | 324 | 6.0% |
Top Export Markets for Food Preparations Not Elsewhere Specified or Included from Greece in 2022:
- United States (11.4K tons)
- Germany (8.3K tons)
- United Kingdom (6.5K tons)
- Cyprus (4.7K tons)
- Bulgaria (2.6K tons)
- Albania (2.5K tons)
- Romania (1.8K tons)
- Italy (1.7K tons)
- North Macedonia (1.6K tons)
- Poland (1.5K tons)
- Belgium (1.4K tons)
- Serbia (1.2K tons)
- Sweden (1.2K tons)
Imports of Food Preparations Not Elsewhere Specified or Included in Greece
In 2022, the amount of food preparations not elsewhere specified or included imported into Greece totaled 52K tons, rising by 13% on the previous year. The total import volume increased at an average annual rate of +4.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of food preparations not elsewhere specified or included reduced to $259M in 2022. The total import value increased at an average annual rate of +5.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 16%. As a result, imports reached the peak of $264M, and then contracted in the following year.
| Import of Food Preparations Not Elsewhere Specified or Included in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 31.1 | 31.0 | 38.1 | 40.1 | 8.8% |
| Italy | 30.8 | 27.5 | 37.3 | 39.3 | 8.5% |
| Netherlands | 12.6 | 14.7 | 29.6 | 28.2 | 30.8% |
| Denmark | 40.6 | 49.7 | 47.3 | 27.2 | -12.5% |
| Poland | 11.7 | 12.8 | 14.1 | 21.4 | 22.3% |
| France | 13.8 | 11.7 | 17.2 | 16.2 | 5.5% |
| Bulgaria | 9.2 | 8.8 | 11.2 | 13.8 | 14.5% |
| Belgium | 10.7 | 9.0 | 11.7 | 11.7 | 3.0% |
| Spain | 6.7 | 6.7 | 9.1 | 7.8 | 5.2% |
| Others | 51.0 | 54.9 | 48.5 | 53.9 | 1.9% |
| Total | 218 | 227 | 264 | 259 | 5.9% |
Top Suppliers of Food Preparations Not Elsewhere Specified or Included to Greece in 2022:
- Italy (11.2K tons)
- Germany (8.8K tons)
- Bulgaria (5.7K tons)
- Poland (3.9K tons)
- Netherlands (3.5K tons)
- France (3.4K tons)
- Belgium (3.2K tons)
- Denmark (2.7K tons)
- Spain (1.6K tons)
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