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Greece - Bananas - Market Analysis, Forecast, Size, Trends and Insights

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Greece: Banana Market Overview 2019

Banana Market Size in Greece

The revenue of the banana market in Greece amounted to $X in 2017, surging by X% against the previous year. The market value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The pace of growth appeared the most rapid in 2008, with an increase of X% against the previous year. In that year, the banana market attained their peak level of $X. From 2009 to 2017, growth of the banana market stood at a somewhat lower level.

Banana Production in Greece

In 2017, the amount of bananas produced in Greece stood at X tonnes, increasing by X% against the previous year. Overall, the total output indicated a moderate increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the banana production increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2016, with an increase of X% year-to-year. Over the period under review, the banana production attained its peak figure volume of X tonnes in 2011; however, from 2012 to 2017, it stood at a somewhat lower level. Banana output in Greece indicated a moderate increase, which was largely conditioned by a moderate increase of the harvested area and a prominent growth in yield figures.

In 2017, average yield of bananas in Greece stood at X tonne per ha, increasing by X% against the previous year. Overall, banana yield continues to indicate a strong increase. The growth pace was the most rapid in 2014, when yield increased by X% year-to-year. Over the period under review, the average banana yield reached its maximum level in 2017, and is expected to retain its growth in the near future. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

Banana harvested area in Greece stood at X ha in 2017, picking up by X% against the previous year. In general, banana harvested area continues to indicate a drastic descent. The pace of growth was the most pronounced in 2017, when harvested area increased by X% against the previous year. The banana harvested area peaked of X ha in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Banana Exports

Exports from Greece

In 2017, banana exports from Greece stood at X tonnes, increasing by X% against the previous year. Overall, banana exports continue to indicate a strong growth. The pace of growth appeared the most rapid in 2011, with an increase of X% year-to-year. The exports peaked in 2017, and are likely to continue its growth in the immediate term.

In value terms, banana exports stood at $X in 2017. In general, banana exports continue to indicate a prominent increase. In that year, the banana exports attained their peak level of $X. From 2012 to 2017, growth of the banana exports stood at a somewhat lower level.

Exports by Country

Bulgaria (X tonnes), Romania (X tonnes) and Belgium (X tonnes) were the main destinations of banana exports from Greece, with a combined X% share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Belgium (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Bulgaria ($X), Romania ($X) and Cyprus ($X) were the largest markets for banana exported from Greece worldwide, together comprising X% of total exports. Belgium lagged somewhat behind, accounting for a further X%.

Among the main countries of destination, Belgium (+X% per year) recorded the highest growth rate of exports, over the last decade, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average banana export price stood at $X per tonne in 2017, reducing by -X% against the previous year. Overall, banana export price continues to indicate a moderate slump. The most prominent rate of growth was recorded in 2008, an increase of X% against the previous year. In that year, the average export prices for bananas reached their peak level of $X per tonne. From 2009 to 2017, growth of the average export prices for bananas stood at a somewhat lower level.

Average export prices varied somewhat for the major foreign markets. In 2017, the highest prices were recorded for export prices to Cyprus ($X per tonne) and Belgium ($X per tonne), while average price for exports to Bulgaria ($X per tonne) and Romania ($X per tonne) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to Cyprus (-X% per year), the export prices for other major destinations experienced a decline.

Banana Imports

Imports into Greece

Banana imports into Greece totaled X tonnes in 2017, rising by X% against the previous year. The total import volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The most prominent rate of growth was recorded in 2017, with an increase of X% y-o-y. In that year, the banana imports attained their peak volume, and are likely to continue its growth in the immediate term.

In value terms, banana imports stood at $X in 2017. The total import value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. Over the period under review, the banana imports reached its peak figure level in 2017, and are likely to see steady growth in the immediate term.

Imports by Country

In 2017, Ecuador (X tonnes) constituted the largest banana supplier to Greece, accounting for X% share of total imports. Moreover, banana imports from Ecuador exceeded the figures recorded by the second largest supplier, Cameroon (X tonnes), threefold. Costa Rica (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2017, the average annual growth rate of volume from Ecuador stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Cameroon (-X% per year) and Costa Rica (+X% per year).

In value terms, Ecuador ($X) constituted the largest supplier of banana to Greece, making up X% of total banana imports. The second position in the ranking was occupied by Costa Rica ($X), with a X% share of total imports. It was followed by Cameroon, with a X% share.

From 2007 to 2017, the average annual growth rate of value from Ecuador totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Costa Rica (+X% per year) and Cameroon (-X% per year).

Import Prices by Country

In 2017, the average banana import price amounted to $X per tonne, approximately mirroring the previous year. In general, banana import price continues to indicate a moderate descent. The pace of growth appeared the most rapid in 2008, when the average import price increased by X% year-to-year. In that year, the average import prices for bananas reached their peak level of $X per tonne. From 2009 to 2017, growth of the average import prices for bananas failed to regain its momentum.

There were significant differences in the average import prices amongst the major supplying countries. In 2017, the country with the highest import price was Panama ($X per tonne), while price for Cameroon ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Panama (-X% per year), the import prices for other major suppliers experienced a decline.

Source: IndexBox AI Platform

Product coverage:
• FCL 486 - Bananas

This report provides an in-depth analysis of the banana 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 2025.


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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2025
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007–2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2018
Figure 5:
Trade Balance, In Physical Terms, 2007–2018
Figure 6:
Trade Balance, In Value Terms, 2007–2018
Figure 7:
Per Capita Consumption, 2007–2018
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2018
Figure 22:
Production, In Value Terms, 2007–2018
Figure 23:
Area Harvested, 2007–2018
Figure 24:
Yield, 2007–2018
Figure 25:
Imports, In Physical Terms, 2007–2018
Figure 26:
Imports, In Value Terms, 2007–2018
Figure 27:
Imports, In Physical Terms, By Country, 2018
Figure 28:
Imports, In Physical Terms, By Country, 2007–2018
Figure 29:
Imports, In Value Terms, By Country, 2007–2018
Figure 30:
Import Prices, By Country Of Origin, 2007–2018
Figure 31:
Exports, In Physical Terms, 2007–2018
Figure 32:
Exports, In Value Terms, 2007–2018
Figure 33:
Exports, In Physical Terms, By Country, 2018
Figure 34:
Exports, In Physical Terms, By Country, 2007–2018
Figure 35:
Exports, In Value Terms, By Country, 2007–2018
Figure 36:
Export Prices, By Country Of Destination, 2007–2018
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