Greece: Green Coffee Market 2024

Green Coffee Market Size in Greece

The Greek green coffee market soared to $X in 2022, surging by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a resilient increase. Over the period under review, the market attained the peak level in 2022 and is likely to see steady growth in years to come.

Green Coffee Exports

Exports from Greece

In 2022, approx. X tons of coffee (green) were exported from Greece; which is down by X% compared with the year before. Over the period under review, exports saw a dramatic downturn. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, green coffee exports totaled $X in 2022. In general, exports recorded a deep setback. The pace of growth appeared the most rapid in 2015 with an increase of X%. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Cyprus (X tons) was the main destination for green coffee exports from Greece, accounting for a X% share of total exports. Moreover, green coffee exports to Cyprus exceeded the volume sent to the second major destination, Bulgaria (X tons), twofold.

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

In value terms, Cyprus ($X) remains the key foreign market for coffee (green) exports from Greece, comprising X% of total exports. The second position in the ranking was taken by Bulgaria ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Cyprus totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bulgaria (X% per year) and Albania (X% per year).

Export Prices by Country

In 2022, the average green coffee export price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the export price saw buoyant growth. The pace of growth was the most pronounced in 2017 an increase of X%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the near future.

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

Green Coffee Imports

Imports into Greece

In 2022, approx. X tons of coffee (green) were imported into Greece; rising by X% on the year before. Over the period under review, total imports indicated a mild increase from 2012 to 2022: its volume 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, imports decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, green coffee imports skyrocketed to $X in 2022. In general, imports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Brazil (X tons) constituted the largest supplier of green coffee to Greece, accounting for a X% share of total imports. Moreover, green coffee imports from Brazil exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), sixfold. India (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Brazil totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and India (X% per year).

In value terms, Brazil ($X) constituted the largest supplier of coffee (green) to Greece, comprising X% of total imports. The second position in the ranking was held by Colombia ($X), with a X% share of total imports. It was followed by India, with a X% share.

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

Import Prices by Country

The average green coffee import price stood at $X per ton in 2022, surging by X% against the previous year. Overall, import price indicated notable growth from 2012 to 2022: its price 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, green coffee import price increased by X% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform

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