Greece - Vermouth - Market Analysis, Forecast, Size, Trends And Insights
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View PricingVermouth Price in Greece - 2023
Contents:
- Vermouth Price in Greece (CIF) - 2023
- Vermouth Price in Greece (FOB) - 2022
- Vermouth Imports in Greece
- Vermouth Exports in Greece
Vermouth Price in Greece (CIF) - 2023
In June 2023, the average vermouth import price amounted to $4.1 per litre, declining by -2.5% against the previous month. Over the period under review, the import price, however, continues to indicate a tangible expansion. The most prominent rate of growth was recorded in March 2023 an increase of 108% month-to-month. Over the period under review, average import prices reached the maximum at $4.5 per litre in April 2023; however, from May 2023 to June 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was France ($13.4 per litre), while the price for Spain ($1.6 per litre) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by France (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Vermouth Price in Greece (FOB) - 2022
The average vermouth export price stood at $3.6 per litre in 2022, reducing by -19.3% against the previous year. In general, the export price recorded a pronounced downturn. The pace of growth appeared the most rapid in 2015 an increase of 15% against the previous year. The export price peaked at $5.6 per litre in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($7.4 per litre), while the average price for exports to Slovakia ($2.4 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+0.6%), while the prices for the other major destinations experienced a decline.
Vermouth Imports in Greece
In 2022, supplies from abroad of vermouth was finally on the rise to reach 1.4M litres after two years of decline. Over the period under review, imports, however, recorded a noticeable decrease. Imports peaked at 1.5M litres in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, vermouth imports surged to $3.1M in 2022. In general, imports, however, showed a perceptible downturn. Over the period under review, imports reached the maximum at $3.5M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Vermouth in Greece (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 1,656 | 1,233 | 937 | 1,264 | -8.6% |
Spain | 797 | 584 | 938 | 946 | 5.9% |
France | 63.1 | 16.4 | 43.8 | 318 | 71.4% |
Georgia | 36.1 | N/A | N/A | 207 | 79.0% |
Netherlands | 40.3 | 40.5 | 170 | 188 | 67.1% |
Germany | 692 | 565 | 361 | 91.0 | -49.1% |
Others | 260 | 144 | 116 | 131 | -20.4% |
Total | 3,544 | 2,583 | 2,566 | 3,145 | -3.9% |
Top Suppliers of Vermouth to Greece in 2022:
- Spain (905.5K litres)
- Italy (247.2K litres)
- Germany (78.0K litres)
- Georgia (54.1K litres)
- France (34.7K litres)
- Netherlands (26.9K litres)
Vermouth Exports in Greece
Vermouth exports from Greece skyrocketed to 57K litres in 2022, growing by 219% against the previous year's figure. Over the period under review, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, vermouth exports skyrocketed to $207K in 2022. In general, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Vermouth in Greece (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Romania | N/A | N/A | N/A | 38.3 | 0% |
Cyprus | 14.8 | 3.0 | 4.1 | 33.9 | 31.8% |
United States | 9.7 | 28.3 | 23.6 | 25.4 | 37.8% |
Australia | 2.0 | 19.9 | 0.8 | 20.2 | 116.2% |
Germany | 4.8 | 3.6 | 5.7 | 13.3 | 40.5% |
Slovakia | N/A | N/A | N/A | 11.3 | 0% |
Turkey | 6.4 | 3.2 | 13.6 | 9.5 | 14.1% |
France | 4.6 | 2.8 | 4.5 | 7.6 | 18.2% |
Serbia | 5.0 | 3.7 | 2.7 | 6.6 | 9.7% |
Denmark | N/A | 1.5 | 3.4 | 6.2 | 103.3% |
Latvia | 1.5 | 6.0 | 6.4 | 2.8 | 23.1% |
Bulgaria | 0.3 | 2.2 | N/A | 2.8 | 110.5% |
Israel | 8.8 | N/A | N/A | 2.3 | -36.1% |
Others | 18.7 | 18.9 | 15.6 | 26.8 | 12.7% |
Total | 76.7 | 93.1 | 80.4 | 207 | 39.2% |
Top Export Markets for Vermouth from Greece in 2022:
- Romania (13.6K litres)
- Cyprus (9.5K litres)
- United States (7.6K litres)
- Slovakia (4.7K litres)
- Australia (4.5K litres)
- Germany (3.6K litres)
- France (2.1K litres)
- Denmark (1.7K litres)
- Turkey (1.3K litres)
- Latvia (0.9K litres)
- Bulgaria (0.9K litres)
- Serbia (0.8K litres)
- Israel (0.5K litres)
This report provides an in-depth analysis of the vermouth 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:
- Prodcom 11041000 - Vermouth and other wine of fresh grapes flavoured with plants or aromatic substances (excluding alcohol duty)
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
- 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 VOLUME AND VALUE
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
- 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
- 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
This report provides an in-depth analysis of the vermouth market in Greece.
This report provides an in-depth analysis of the wine market in Greece.
This report provides an in-depth analysis of the global vermouth market.
This report provides an in-depth analysis of the global wine market.
This report provides an in-depth analysis of the vermouth market in Greece.
This report provides an in-depth analysis of the global vermouth market.
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