Latest Report Update: Apr 8, 2021

Greece - Lactose And Lactose Syrup - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

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Greece: Lactose Market Overview 2021

Lactose Market Size in Greece

In 2019, after two years of growth, there was significant decline in the Greek lactose market, when its value decreased by -X% to $X. Over the period under review, the total consumption indicated a modest increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of X% year-to-year. Lactose consumption peaked at $X in 2018, and then shrank in the following year.

Lactose Exports

Exports from Greece

In 2019, shipments abroad of lactose and lactose syrup decreased by -X% to X tonnes, falling for the third year in a row after two years of growth. Over the period under review, exports showed a noticeable shrinkage. The growth pace was the most rapid in 2013 with an increase of X% year-to-year. Over the period under review, exports attained the maximum at X tonnes in 2016; however, from 2017 to 2019, exports stood at a somewhat lower figure.

In value terms, lactose exports dropped to $X in 2019. Overall, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2013 when exports increased by X% y-o-y. As a result, exports attained the peak of $X. From 2014 to 2019, the growth exports remained at a somewhat lower figure.

Exports by Country

Macedonia (X tonnes), Cyprus (X tonnes) and Romania (X tonnes) were the main destinations of lactose exports from Greece, with a combined X% share of total exports. Albania, Bulgaria and Italy lagged somewhat behind, together accounting for a further X 2007 to 2019, the biggest increases were in Italy (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Cyprus ($X), Macedonia ($X) and Romania ($X) constituted the largest markets for lactose exported from Greece worldwide, together comprising X% of total exports. These countries were followed by Bulgaria, Albania and Italy, which together accounted for a further X terms of the main countries of destination, Italy 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

The average lactose export price stood at $X per tonne in 2019, with a decrease of -X% against the previous year. In general, the export price saw a pronounced decrease. The most prominent rate of growth was recorded in 2018 an increase of X% y-o-y. Over the period under review, average export prices hit record highs at $X per tonne in 2007; however, from 2008 to 2019, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Bulgaria ($X per tonne), while the average price for exports to Macedonia ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria, while the prices for the other major destinations experienced a decline.

Lactose Imports

Imports into Greece

In 2019, supplies from abroad of lactose and lactose syrup decreased by -X% to X tonnes for the first time since 2016, thus ending a two-year rising trend. In general, total imports indicated a notable expansion from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2018, and then fell significantly in the following year.

In value terms, lactose imports reduced to $X in 2019. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, Germany (X tonnes) constituted the largest lactose supplier to Greece, with a X% share of total imports. Moreover, lactose imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X tonnes), fivefold. The Netherlands (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual growth rate of volume from Germany stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-X% per year) and the Netherlands (-X% per year).

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

From 2007 to 2019, the average annual rate of growth in terms of value from Germany totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Belgium (-X% per year).

Import Prices by Country

In 2019, the average lactose import price amounted to $X per tonne, surging by X% against the previous year. In general, the import price, however, saw a noticeable reduction. The most prominent rate of growth was recorded in 2012 an increase of X% y-o-y. As a result, import price reached the peak level of $X per tonne. From 2013 to 2019, the growth in terms of the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was the Netherlands ($X per tonne), while the price for France ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the Netherlands, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lactose and lactose syrup in the world?
+
China (593K tonnes) remains the largest lactose consuming country worldwide, comprising approx. 25% of total volume. Moreover, lactose consumption in China exceeded the figures recorded by the second-largest consumer, India (245K tonnes), twofold. The third position in this ranking was occupied by the U.S. (161K tonnes), with a 6.8% share.
What are the largest producers of lactose and lactose syrup in the world?
+
The countries with the highest volumes of lactose production in 2019 were the U.S. (534K tonnes), China (487K tonnes) and Germany (290K tonnes), with a combined 57% share of global production. India, Brazil, the Netherlands, Turkey, France, Denmark, the UK and Italy lagged somewhat behind, together comprising a further 29%.
What are the leading suppliers of lactose and lactose syrup to Greece?
+
In value terms, Germany ($1.7M) constituted the largest supplier of lactose to Greece, comprising 54% of total imports. The second position in the ranking was occupied by the Netherlands ($852K), with a 27% share of total imports. It was followed by Belgium, with a 6.2% share.
What are the leading importers of lactose and lactose syrup from Greece?
+
In value terms, Cyprus ($65K), Macedonia ($58K) and Romania ($32K) were the largest markets for lactose exported from Greece worldwide, with a combined 70% share of total exports. These countries were followed by Bulgaria, Albania and Italy, which together accounted for a further 24%.
What is the average export price for lactose and lactose syrup in Greece?
+
The average lactose export price stood at $2,455 per tonne in 2019, waning by -11.9% against the previous year.
What is the average import price for lactose and lactose syrup in Greece?
+
The average lactose import price stood at $1,796 per tonne in 2019, picking up by 6.1% against the previous year.

Product coverage:
• Prodcom 10515400 - Lactose and lactose syrup (including chemically pure lactose)

This report provides an in-depth analysis of the lactose 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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