Greece: Milled Rice Market 2020

Milled Rice Market Size in Greece

The revenue of the milled rice market in Greece amounted to $X in 2018, picking up by X% against the previous year. In general, milled rice consumption, however, continues to indicate a slight deduction. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Milled rice consumption peaked at $X in 2015; however, from 2016 to 2018, consumption remained at a lower figure.

Milled Rice Production in Greece

In value terms, milled rice production totaled $X in 2018 estimated in export prices. Overall, milled rice production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X% y-o-y. Milled rice production peaked in 2018 and is expected to retain its growth in the near future.

In 2018, the average milled rice yield in Greece stood at X ton per ha, dropping by -X% against the previous year. In general, the milled rice yield continues to indicate a temperate curtailment. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Milled rice yield peaked at X ton per ha in 2015; however, from 2016 to 2018, yield failed to regain its momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, approx. X ha of milled rice were harvested in Greece; surging by X% against the previous year. The harvested area increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. In that year, the milled rice harvested area attained its peak level of X ha. From 2017 to 2018, the growth of the milled rice harvested area remained at a lower figure.

Milled Rice Exports

Exports from Greece

In 2018, the amount of milled rice exported from Greece stood at X tons, declining by -X% against the previous year. Over the period under review, the total exports indicated slight growth from 2007 to 2018: its volume 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. The growth pace was the most rapid in 2010 when exports increased by X% year-to-year. Exports peaked at X tons in 2017, and then declined slightly in the following year.

In value terms, milled rice exports amounted to $X in 2018. Over the period under review, milled rice exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011 when exports increased by X% year-to-year. In that year, milled rice exports reached their peak of $X. From 2012 to 2018, the growth of milled rice exports remained at a somewhat lower figure.

Exports by Country

Hungary (X tons), Poland (X tons) and Bulgaria (X tons) were the main destinations of milled rice exports from Greece, with a combined X% share of total exports. These countries were followed by France, Romania, the Czech Republic, the UK, the Netherlands, Belgium, Spain, Serbia and Cyprus, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Serbia, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for milled rice exported from Greece were Hungary ($X), Poland ($X) and Bulgaria ($X), with a combined X% share of total exports. These countries were followed by Romania, the UK, France, Cyprus, the Netherlands, the Czech Republic, Belgium, Spain and Serbia, which together accounted for a further X recorded the highest rates of growth with regard to market size, among the main countries of destination over the period under review, while exports for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average milled rice export price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the milled rice export price, however, continues to indicate a mild contraction. The pace of growth appeared the most rapid in 2008 when the average export price increased by X% against the previous year. In that year, the average export prices for milled rice attained their peak level of $X per ton. From 2009 to 2018, the growth in terms of the average export prices for milled rice remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Cyprus ($X per ton), while the average price for exports to the Czech Republic ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Romania, while the prices for the other major destinations experienced more modest paces of growth.

Milled Rice Imports

Imports into Greece

Milled rice imports into Greece totaled X tons in 2018, going up by X% against the previous year. Overall, milled rice imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of X% year-to-year. Over the period under review, milled rice imports reached their maximum at X tons in 2011; however, from 2012 to 2018, imports failed to regain their momentum.

In value terms, milled rice imports stood at $X in 2018. Over the period under review, milled rice imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. In that year, milled rice imports reached their peak of $X. From 2009 to 2018, the growth of milled rice imports failed to regain its momentum.

Imports by Country

Italy (X tons), Myanmar (X tons) and India (X tons) were the main suppliers of milled rice imports to Greece, with a combined X% share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by India, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest milled rice suppliers to Greece were Italy ($X), Myanmar ($X) and Belgium ($X), with a combined X% share of total imports. India, Pakistan, Thailand and Suriname lagged somewhat behind, together accounting for a further X experienced the highest growth rate of market size, among the main suppliers over the period under review, while imports for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average milled rice import price amounted to $X per ton, surging by X% against the previous year. In general, the milled rice import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012 an increase of X% y-o-y. Over the period under review, the average import prices for milled rice attained their peak figure at $X per ton in 2008; however, from 2009 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Belgium ($X per ton), while the price for Suriname ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Suriname, while the prices for the other major suppliers experienced more modest paces of growth.

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Source: IndexBox Platform