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Greece - Cereal Flours - Market Analysis, Forecast, Size, Trends And Insights
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Greece: Cereal Flour Market Overview 2021

Cereal Flour Market Size in Greece

The Greek cereal flour market dropped modestly to $X in 2020, leveling off at the previous year. Over the period under review, consumption saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, consumption attained the peak level of $X. From 2014 to 2020, the growth of the market failed to regain the momentum.

Cereal Flour Production in Greece

In value terms, cereal flour production fell slightly to $X in 2020 estimated in export prices. In general, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2020, production growth remained at a lower figure.

Cereal Flour Exports

Exports from Greece

In 2020, shipments abroad of cereal flours increased by X% to X tonnes, rising for the third year in a row after two years of decline. In general, exports enjoyed a measured increase. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Exports peaked at X tonnes in 2015; however, from 2016 to 2020, exports failed to regain the momentum.

In value terms, cereal flour exports fell slightly to $X in 2020. Over the period under review, total exports indicated a temperate expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by +X% against 2017 indices. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Exports peaked at $X in 2015; however, from 2016 to 2020, exports failed to regain the momentum.

Exports by Country

Bulgaria (X tonnes), Albania (X tonnes) and Cyprus (X tonnes) were the main destinations of cereal flour exports from Greece, with a combined X% share of total exports. Romania and Italy lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for cereal flour exported from Greece were Bulgaria ($X), Albania ($X) and Cyprus ($X), together accounting for X% of total exports.

In terms of the main countries of destination, Cyprus saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average cereal flour export price amounted to $X per tonne, falling by -X% against the previous year. Overall, the export price saw a mild shrinkage. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% against the previous year. As a result, export price reached the peak level of $X per tonne. From 2009 to 2020, the growth in terms of the average export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2020, the countries with the highest prices were Cyprus ($X per tonne) and Bulgaria ($X per tonne), while the average price for exports to Italy ($X per tonne) and Romania ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Albania, while the prices for the other major destinations experienced a decline.

Cereal Flour Imports

Imports into Greece

In 2020, cereal flour imports into Greece reduced rapidly to X tonnes, shrinking by -X% against the previous year. In general, imports, however, recorded a resilient expansion. The growth pace was the most rapid in 2019 when imports increased by X% year-to-year. As a result, imports attained the peak of X tonnes, and then dropped sharply in the following year.

In value terms, cereal flour imports declined to $X in 2020. Over the period under review, imports, however, continue to indicate prominent growth. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. Imports peaked at $X in 2019, and then shrank in the following year.

Imports by Country

In 2020, Bulgaria (X tonnes) constituted the largest cereal flour supplier to Greece, with a X% share of total imports. Moreover, cereal flour imports from Bulgaria exceeded the figures recorded by the second-largest supplier, France (X tonnes), sevenfold. The third position in this ranking was occupied by the Netherlands (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Bulgaria stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+X% per year) and the Netherlands (+X% per year).

In value terms, Bulgaria ($X) constituted the largest supplier of cereal flour to Greece, comprising X% of total imports. The second position in the ranking was occupied by France ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Bulgaria totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+X% per year) and the Netherlands (+X% per year).

Import Prices by Country

In 2020, the average cereal flour import price amounted to $X per tonne, picking up by X% against the previous year. Over the period under review, the import price, however, recorded a slight slump. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. The import price peaked at $X per tonne in 2009; however, from 2010 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was France ($X per tonne), while the price for Bulgaria ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Italy, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cereal flours in the world?
+
China (79M tonnes) remains the largest cereal flour consuming country worldwide, comprising approx. 19% of total volume. Moreover, cereal flour consumption in China exceeded the figures recorded by the second-largest consumer, India (24M tonnes), threefold. The U.S. (18M tonnes) ranked third in terms of total consumption with a 4.6% share.
What are the largest producers of cereal flours in the world?
+
The country with the largest volume of cereal flour production was China (79M tonnes), comprising approx. 19% of total volume. Moreover, cereal flour production in China exceeded the figures recorded by the second-largest producer, India (24M tonnes), threefold. The third position in this ranking was occupied by the U.S. (18M tonnes), with a 4.5% share.
What are the leading suppliers of cereal flours to Greece?
+
In value terms, Bulgaria ($9.5M) constituted the largest supplier of cereal flour to Greece, comprising 45% of total imports. The second position in the ranking was occupied by France ($4.1M), with a 19% share of total imports. It was followed by the Netherlands, with a 12% share.
What are the leading importers of cereal flours from Greece?
+
In value terms, the largest markets for cereal flour exported from Greece were Bulgaria ($7.4M), Albania ($4.1M) and Cyprus ($3.1M), together comprising 85% of total exports.
What is the average export price for cereal flours in Greece?
+
In 2020, the average cereal flour export price amounted to $437 per tonne, dropping by -7.5% against the previous year.
What is the average import price for cereal flours in Greece?
+
The average cereal flour import price stood at $460 per tonne in 2020, surging by 18% against the previous year.

Product coverage:
• Prodcom 10612100 - Wheat or meslin flour
• Prodcom 10612200 - Cereal flours (excluding wheat or meslin)

This report provides an in-depth analysis of the cereal flour 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 2030
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
TOP EXPORTING COUNTRIES
5.4
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 VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
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:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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