Greece: Market for Flours, Meals And Pellets Of Meat Or Meat Offal 2024

Market Size for Flours, Meals And Pellets Of Meat Or Meat Offal in Greece

The Greek meat meals and pellets market declined modestly to $X in 2022, remaining constant against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Meat meals and pellets consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Production of Flours, Meals And Pellets Of Meat Or Meat Offal in Greece

In value terms, meat meals and pellets production fell to $X in 2022 estimated in export price. Overall, production recorded a perceptible setback. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

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Exports of Flours, Meals And Pellets Of Meat Or Meat Offal

Exports from Greece

In 2022, shipments abroad of flours, meals and pellets of meat or meat offal increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports recorded a resilient expansion. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, meat meals and pellets exports skyrocketed to $X in 2022. Overall, exports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Vietnam (X tons), Bulgaria (X tons) and Italy (X tons) were the main destinations of meat meals and pellets exports from Greece, with a combined X% share of total exports.

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

In value terms, the largest markets for meat meals and pellets exported from Greece were Bulgaria ($X), Vietnam ($X) and Italy ($X), together accounting for X% of total exports. Singapore, Myanmar and Poland lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Singapore, with a CAGR of X%, recorded the highest rates of growth with regard to 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 2022, the average meat meals and pellets export price amounted to $X per ton, rising by X% against the previous year. In general, the export price, however, showed a mild shrinkage. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Italy ($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 Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Flours, Meals And Pellets Of Meat Or Meat Offal

Imports into Greece

For the third consecutive year, Greece recorded growth in overseas purchases of flours, meals and pellets of meat or meat offal, which increased by X% to X tons in 2022. Overall, imports posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, meat meals and pellets imports rose sharply to $X in 2022. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, Poland (X tons) constituted the largest meat meals and pellets supplier to Greece, with a X% share of total imports. Moreover, meat meals and pellets imports from Poland exceeded the figures recorded by the second-largest supplier, Belgium (X tons), threefold. Germany (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 Poland amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Germany (X% per year).

In value terms, Poland ($X) constituted the largest supplier of flours, meals and pellets of meat or meat offal to Greece, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by Hungary, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Poland totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Hungary (X% per year).

Import Prices by Country

The average meat meals and pellets import price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, import price indicated a temperate expansion 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, meat meals and pellets import price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by X%. The import price peaked in 2022 and is expected to retain growth in the near future.

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

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

Source: IndexBox Platform

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