Greece - Whole Fresh Milk - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Greece - Whole Fresh Milk - Market Analysis, Forecast, Size, Trends and Insights

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Whole Fresh Milk Price in Greece - 2023

Contents:

  1. Whole Fresh Milk Price in Greece (CIF) - 2023
  2. Whole Fresh Milk Price in Greece (FOB) - 2023
  3. Whole Fresh Milk Imports in Greece
  4. Whole Fresh Milk Exports in Greece

Whole Fresh Milk Price in Greece (CIF) - 2023

The average whole fresh milk import price stood at $807 per ton in July 2023, waning by -2.2% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2022 an increase of 8.5% m-o-m. The import price peaked at $913 per ton in December 2022; however, from January 2023 to July 2023, import prices stood at a somewhat 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 Germany ($1,089 per ton), while the price for Slovenia ($646 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 (+0.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Whole Fresh Milk Price in Greece (FOB) - 2023

In July 2023, the average whole fresh milk export price amounted to $1,131 per ton, increasing by 7.3% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 18% m-o-m. As a result, the export price reached the peak level of $1,178 per ton. From May 2023 to July 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 Sweden ($2,531 per ton), while the average price for exports to Panama ($892 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.

Whole Fresh Milk Imports in Greece

In 2022, supplies from abroad of whole fresh milk was finally on the rise to reach 90K tons after two years of decline. Overall, imports, however, saw a perceptible decline.

In value terms, whole fresh milk imports surged to $71M in 2022. The total import value increased at an average annual rate of +8.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Whole Fresh Milk in Greece (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany8.59.810.814.419.2%
Romania9.67.77.79.5-0.3%
Hungary7.46.78.89.17.1%
Czech Republic3.54.04.48.936.5%
Austria5.55.85.67.39.9%
Slovenia9.16.98.87.1-7.9%
Poland5.73.83.76.33.4%
NetherlandsN/AN/A0.92.6188.9%
Bulgaria4.95.33.91.8-28.4%
Others1.71.92.44.134.1%
Total56.051.957.171.28.3%

Top Suppliers of Whole Fresh Milk to Greece in 2022:

  1. Germany (14.8K tons)
  2. Hungary (13.2K tons)
  3. Romania (12.4K tons)
  4. Czech Republic (11.7K tons)
  5. Slovenia (9.9K tons)
  6. Austria (8.7K tons)
  7. Poland (8.1K tons)
  8. Netherlands (3.3K tons)
  9. Bulgaria (2.7K tons)

Whole Fresh Milk Exports in Greece

In 2022, approx. 5.6K tons of whole fresh milk were exported from Greece; which is down by -36.3% against the previous year's figure. In general, exports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 25% against the previous year. As a result, the exports reached the peak of 8.8K tons, and then shrank markedly in the following year.

In value terms, whole fresh milk exports shrank rapidly to $5.5M in 2022. Over the period under review, exports saw a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 46% against the previous year. As a result, the exports reached the peak of $11M, and then shrank notably in the following year.

Export of Whole Fresh Milk in Greece (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cyprus1.41.61.82.216.3%
Bulgaria0.20.20.31.7104.1%
Romania0.70.61.00.6-5.0%
Albania0.10.30.50.571.0%
Sweden0.10.10.20.226.0%
Germany3.43.04.0N/A8.5%
Italy1.41.02.8N/A41.4%
Others0.20.60.20.314.5%
Total7.57.510.95.5-9.8%

Top Export Markets for Whole Fresh Milk from Greece in 2022:

  1. Cyprus (2299.2 tons)
  2. Bulgaria (2242.6 tons)
  3. Romania (365.4 tons)
  4. Albania (358.3 tons)
  5. Sweden (124.0 tons)
  6. Germany (24.2 tons)
  7. Italy (7.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the whole fresh 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 1130 - Camel milk
  • FCL 882 - Cow milk, whole (fresh)
  • FCL 1020 - Goat milk
  • FCL 982 - Sheep milk
  • FCL 951 - Buffalo 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, PRODUCING ANIMALS AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Producing Animals Slaughtered, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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