Report Update: Apr 1, 2024

Greece - Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs - Market Analysis, Forecast, Size, Trends And Insights

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Price for Seafood Meals and Pellets in Greece - 2023

Price for Seafood Meals and Pellets in Greece (CIF) - 2022

In 2022, the average seafood meals and pellets import price amounted to $1,666 per ton, with an increase of 16% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Faroe Islands ($1,895 per ton), while the price for Italy ($180 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Faroe Islands (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Seafood Meals and Pellets in Greece (FOB) - 2022

The average seafood meals and pellets export price stood at $1,515 per ton in 2022, dropping by -2% against the previous year. Over the period under review, the export price recorded a perceptible downturn. The most prominent rate of growth was recorded in 2013 when the average export price increased by 17%. As a result, the export price attained the peak level of $2,824 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($2,819 per ton), while the average price for exports to Spain ($894 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (-4.1%), while the prices for the other major destinations experienced a decline.

Imports of Seafood Meals and Pellets in Greece

Seafood meals and pellets imports into Greece rose notably to 101K tons in 2022, with an increase of 8.2% against 2021 figures. The total import volume increased at an average annual rate of +3.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 11% against the previous year. As a result, imports attained the peak of 102K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, seafood meals and pellets imports soared to $169M in 2022. The total import value increased at an average annual rate of +10.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Seafood Meals and Pellets in Greece (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Morocco	8.3	17.1	29.8	40.6	69.8%
Denmark	43.5	41.7	21.7	33.1	-8.7%
Germany	18.1	19.1	28.1	24.7	10.9%
Spain	7.7	20.7	20.9	20.8	39.3%
South Africa	6.5	17.1	14.4	10.2	16.2%
Mauritania	10.9	1.6	N/A	9.0	-6.2%
Faroe Islands	5.2	N/A	N/A	6.2	6.0%
Norway	4.8	4.2	4.3	1.0	-40.7%
Italy	0.9	0.6	0.2	0.5	-17.8%
Bulgaria	1.7	2.5	1.2	N/A	-16.0%
Others	16.5	16.3	14.1	22.5	10.9%
Total	124	141	135	169	10.9%

Top Suppliers of Seafood Meals and Pellets to Greece in 2022:

Bulgaria (undefinedK tons)
Morocco (23.7K tons)
Denmark (19.2K tons)
Germany (14.2K tons)
Spain (12.2K tons)
Mauritania (6.6K tons)
South Africa (5.5K tons)
Faroe Islands (3.3K tons)
Italy (2.9K tons)
Norway (0.4K tons)

Exports of Seafood Meals and Pellets in Greece

In 2022, seafood meals and pellets exports from Greece skyrocketed to 474 tons, jumping by 761% against the previous year's figure. In general, exports, however, recorded a pronounced contraction.

In value terms, seafood meals and pellets exports skyrocketed to $718K in 2022. Overall, exports, however, saw a mild downturn.

Export of Seafood Meals and Pellets in Greece (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Denmark	276	N/A	N/A	313	4.3%
Morocco	N/A	N/A	N/A	196	0%
Italy	169	N/A	N/A	89.4	-19.1%
Cyprus	8.6	80.7	69.4	53.6	84.0%
Spain	166	N/A	N/A	30.2	-43.3%
Bulgaria	71.2	N/A	N/A	24.3	-30.1%
Albania	30.4	11.2	13.5	9.0	-33.4%
Saudi Arabia	N/A	1,258	N/A	N/A	0%
Others	20.9	N/A	2.1	2.0	-54.3%
Total	743	1,350	85.1	718	-1.1%

Top Export Markets for Seafood Meals and Pellets from Greece in 2022:

Denmark (218.7 tons)
Morocco (109.5 tons)
Cyprus (45.7 tons)
Spain (33.8 tons)
Italy (31.7 tons)
Bulgaria (25.0 tons)
Albania (8.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for seafood meals and pellets 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:

Prodcom 10204100 - Flours, meals and pellets of fish or of crustaceans, molluscs or other aquatic invertebrates, unfit for human consumption

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023