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Greece - Milk - Market Analysis, Forecast, Size, Trends and Insights
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Greece: Milk Market Overview 2021

Milk Market Size in Greece

In 2019, the Greek milk market increased by X% to $X, rising for the second year in a row after two years of decline. Overall, consumption, however, recorded a pronounced descent. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Over the period under review, the market hit record highs at $X in 2009; however, from 2010 to 2019, consumption failed to regain the momentum.

Milk Production in Greece

In value terms, milk production expanded modestly to $X in 2019 estimated in export prices. Over the period under review, production, however, recorded a noticeable setback. The pace of growth appeared the most rapid in 2012 with an increase of X% against the previous year. Milk production peaked at $X in 2009; however, from 2010 to 2019, production stood at a somewhat lower figure.

The average yield of milk in Greece reached X kg per head in 2019, growing by X% compared with 2018. The yield figure increased at an average annual rate of +X% from 2007 to 2019; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, the yield attained the peak level and is likely to continue growth in the immediate term.

In 2019, number of number of animals for milk production in Greece declined to X heads, with a decrease of -X% against 2018. Over the period under review, the number of producing animals continues to indicate a perceptible decline. The pace of growth was the most pronounced in 2018 with an increase of X% year-to-year. Over the period under review, this number hit record highs at X heads in 2007; however, from 2008 to 2019, producing animals remained at a lower figure.

Milk Exports

Exports from Greece

For the third year in a row, Greece recorded growth in shipments abroad of milk, which increased by X% to X tonnes in 2019. Overall, exports saw a resilient expansion. The growth pace was the most rapid in 2011 when exports increased by X% against the previous year. Exports peaked in 2019 and are likely to see gradual growth in the near future.

In value terms, milk exports rose rapidly to $X in 2019. Over the period under review, exports saw a resilient expansion. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Exports peaked in 2019 and are expected to retain growth in years to come.

Exports by Country

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

In value terms, Germany ($X) emerged as the key foreign market for milk exports from Greece, comprising X% of total exports. The second position in the ranking was occupied by Cyprus ($X), with a X% share of total exports. It was followed by Italy, with a X% share.

From 2007 to 2019, the average annual growth rate of value to Germany amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cyprus (+X% per year) and Italy (+X% per year).

Export Prices by Country

In 2019, the average milk export price amounted to $X per tonne, which is down by -X% against the previous year. In general, the export price saw a pronounced decrease. The most prominent rate of growth was recorded in 2012 when the average export price increased by X% year-to-year. Over the period under review, average export prices attained the maximum at $X per tonne in 2009; however, from 2010 to 2019, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2019, the country with the highest price was Serbia ($X per tonne), while the average price for exports to Cyprus ($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 Serbia, while the prices for the other major destinations experienced mixed trend patterns.

Milk Imports

Imports into Greece

In 2019, approx. X tonnes of milk were imported into Greece; shrinking by -X% compared with 2018 figures. Overall, imports saw a mild descent. The pace of growth was the most pronounced in 2011 when imports increased by X% against the previous year. As a result, imports reached the peak of X tonnes. From 2012 to 2019, the growth imports remained at a lower figure.

In value terms, milk imports declined to $X in 2019. Over the period under review, imports recorded a pronounced slump. The growth pace was the most rapid in 2013 when imports increased by X% year-to-year. Over the period under review, imports reached the maximum at $X in 2011; however, from 2012 to 2019, imports failed to regain the momentum.

Imports by Country

Germany (X tonnes), Slovenia (X tonnes) and Romania (X tonnes) were the main suppliers of milk imports to Greece, together comprising X% of total imports.

From 2007 to 2019, the biggest increases were in Slovenia (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

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

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

Import Prices by Country

In 2019, the average milk import price amounted to $X per tonne, declining by -X% against the previous year. Overall, the import price continues to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. The import price peaked at $X per tonne in 2008; however, from 2009 to 2019, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per tonne), while the price for Slovenia ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Austria, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for milk in the world?
+
The countries with the highest volumes of milk consumption in 2019 were India (190M tonnes), the U.S. (117M tonnes) and Pakistan (56M tonnes), with a combined 36% share of global consumption. These countries were followed by Germany, China, Brazil, Russia, France, Turkey, New Zealand, Colombia, the UK and the Netherlands, which together accounted for a further 31%.
What are the largest producers of milk in the world?
+
The countries with the highest volumes of milk production in 2019 were India (190M tonnes), the U.S. (117M tonnes) and Pakistan (56M tonnes), with a combined 36% share of global production. Germany, Brazil, China, Russia, France, Turkey, New Zealand, Colombia, the UK and Poland lagged somewhat behind, together accounting for a further 31%.
What are the leading suppliers of milk to Greece?
+
In value terms, Germany ($22M) constituted the largest supplier of milk to Greece, comprising 23% of total imports. The second position in the ranking was occupied by Romania ($11M), with a 11% share of total imports. It was followed by Slovenia, with a 9.5% share.
What are the leading importers of milk from Greece?
+
In value terms, Germany ($3.9M) emerged as the key foreign market for milk exports from Greece, comprising 39% of total exports. The second position in the ranking was occupied by Cyprus ($1.9M), with a 19% share of total exports. It was followed by Italy, with a 16% share.
What is the average export price for milk in Greece?
+
In 2019, the average milk export price amounted to $914 per tonne, dropping by -2.5% against the previous year.
What is the average import price for milk in Greece?
+
In 2019, the average milk import price amounted to $811 per tonne, reducing by -3.8% against the previous year.

Product coverage:
• FCL 1130 - Camel milk
• FCL 882 - Cow milk, whole (fresh)
• FCL 1020 - Goat milk
• FCL 982 - Sheep milk
• FCL 951 - Buffalo milk
• FCL 888 - Skim Milk of Cows

This report provides an in-depth analysis of the milk 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
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
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, PRODUCING ANIMALS AND YIELD
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:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Producing Animals Slaughtered, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

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