Greece: Cherry Market 2024

Cherry Market Size in Greece

The Greek cherry market stood at $X in 2022, increasing by X% against the previous year. Overall, the total consumption indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2019 indices. Cherry consumption peaked in 2022 and is likely to see gradual growth in the near future.

Cherry Production in Greece

In value terms, cherry production expanded remarkably to $X in 2022 estimated in export price. Over the period under review, the total production indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2014 when the production volume increased by X%. Cherry production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

In 2022, the average yield of cherries in Greece fell modestly to X tons per ha, reducing by X% on the previous year. In general, the yield, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, the average cherry yield attained the peak level at X tons per ha in 2016; however, from 2017 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of cherries were harvested in Greece; growing by X% on the previous year's figure. In general, the total harvested area indicated a buoyant expansion from 2012 to 2022: its figure increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cherry harvested area decreased by X% against 2020 indices. The growth pace was the most rapid in 2020 when the harvested area increased by X% against the previous year. As a result, the harvested area reached the peak level of X ha. From 2021 to 2022, the growth of the cherry harvested area remained at a somewhat lower figure.

Cherry Exports

Exports from Greece

In 2022, shipments abroad of cherries decreased by X% to X tons, falling for the second consecutive year after three years of growth. In general, exports, however, continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, cherry exports reduced rapidly to $X in 2022. Overall, exports, however, enjoyed strong growth. The pace of growth appeared the most rapid in 2013 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X tons), Romania (X tons) and Italy (X tons) were the main destinations of cherry exports from Greece, with a combined X% share of total exports. Poland, Bulgaria, Latvia, Lithuania, the Netherlands, Croatia, the UK, Spain, Estonia and Finland lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Croatia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for cherries exports from Greece, comprising X% of total exports. The second position in the ranking was taken by Poland ($X), with a X% share of total exports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (X% per year) and Italy (X% per year).

Export Prices by Country

The average cherry export price stood at $X per ton in 2022, shrinking by X% against the previous year. Overall, the export price saw a perceptible decrease. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($X per ton), while the average price for exports to Romania ($X 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 Finland (X%), while the prices for the other major destinations experienced a decline.

Cherry Imports

Imports into Greece

In 2022, imports of cherries into Greece skyrocketed to X tons, with an increase of X% compared with the previous year's figure. In general, imports, however, saw a pronounced shrinkage. The pace of growth was the most pronounced in 2014 when imports increased by X%. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, cherry imports dropped to $X in 2022. Overall, imports, however, showed a pronounced curtailment. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Italy (X tons), Spain (X tons) and North Macedonia (X tons) were the main suppliers of cherry imports to Greece, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for North Macedonia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X) constituted the largest supplier of cherries to Greece, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Spain stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and the Netherlands (X% per year).

Import Prices by Country

In 2022, the average cherry import price amounted to $X per ton, with a decrease of X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X%. The import price peaked at $X per ton in 2021, and then reduced rapidly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for North Macedonia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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