Greece: Maltodextrine Market 2024

Maltodextrine Market Size in Greece

In 2023, the Greek maltodextrine market decreased by X% to $X, falling for the second year in a row after two years of growth. Overall, consumption, however, showed a strong increase. Maltodextrine consumption peaked at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.

Maltodextrine Exports

Exports from Greece

In 2023, the amount of maltodextrine and maltodextine syrup exported from Greece reduced rapidly to X tons, which is down by X% compared with 2022 figures. Overall, exports, however, recorded buoyant growth. The pace of growth appeared the most rapid in 2020 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2021 to 2023, the growth of the exports remained at a lower figure.

In value terms, maltodextrine exports dropped notably to $X in 2023. Over the period under review, exports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2022, and then contracted rapidly in the following year.

Exports by Country

Cyprus (X tons), Bulgaria (X tons) and Albania (X tons) were the main destinations of maltodextrine exports from Greece, with a combined X% share of total exports. Romania, Poland, Belgium, Serbia, North Macedonia and Italy lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the biggest increases were recorded for Belgium (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for maltodextrine exported from Greece were Cyprus ($X), Albania ($X) and Bulgaria ($X), together accounting for X% of total exports. Poland, Belgium, Romania, Serbia, North Macedonia and Italy lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Belgium, with a CAGR of X%, recorded 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

The average maltodextrine export price stood at $X per ton in 2023, jumping by X% against the previous year. Over the period under review, export price indicated a modest increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, maltodextrine export price decreased by X% against 2021 indices. The growth pace was the most rapid in 2021 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2022 to 2023, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Romania ($X per ton) was amongst the lowest.

From 2012 to 2023, 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.

Maltodextrine Imports

Imports into Greece

In 2023, supplies from abroad of maltodextrine and maltodextine syrup decreased by X% to X tons, falling for the second consecutive year after two years of growth. In general, imports, however, saw notable growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, imports attained the peak figure at X tons in 2021; however, from 2022 to 2023, imports remained at a lower figure.

In value terms, maltodextrine imports stood at $X in 2023. Overall, imports, however, recorded a strong expansion. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of $X. From 2022 to 2023, the growth of imports failed to regain momentum.

Imports by Country

Germany (X tons), Turkey (X tons) and Bulgaria (X tons) were the main suppliers of maltodextrine imports to Greece, with a combined X% share of total imports. France, Belgium, Hungary, Indonesia, the Netherlands, Italy, Israel, Ukraine, Austria and the UK lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hungary (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Turkey ($X) and France ($X) appeared to be the largest maltodextrine suppliers to Greece, with a combined X% share of total imports. Belgium, Bulgaria, the Netherlands, Indonesia, Italy, Hungary, Israel, Ukraine, Austria and the UK lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Hungary, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average maltodextrine import price amounted to $X per ton, jumping by X% against the previous year. In general, import price indicated modest growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, maltodextrine 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 the Netherlands ($X per ton), while the price for Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Ukraine (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform