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Greece - Peanut Butter And Prepared Or Preserved Groundnuts - Market Analysis, Forecast, Size, Trends And Insights
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Greece: Peanut Butter Market Overview 2021

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Peanut Butter Market Size in Greece

In 2020, the Greek peanut butter market decreased by -X% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 when the market value increased by X% year-to-year. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2020, consumption stood at a somewhat lower figure.

Peanut Butter Production in Greece

In value terms, peanut butter production reached $X in 2020 estimated in export prices. In general, production showed a buoyant expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% y-o-y. Over the period under review, production reached the maximum level in 2020 and is expected to retain growth in the immediate term.

Peanut Butter Exports

Exports from Greece

For the fifth consecutive year, Greece recorded growth in overseas shipments of peanut butter and prepared or preserved groundnuts, which increased by X% to X tonnes in 2020. Overall, exports saw resilient growth. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. Exports peaked in 2020 and are likely to continue growth in the immediate term.

In value terms, peanut butter exports surged to $X in 2020. Over the period under review, exports saw a resilient expansion. The growth pace was the most rapid in 2017 when exports increased by X% y-o-y. Exports peaked in 2020 and are likely to see gradual growth in the immediate term.

Exports by Country

Poland (X tonnes), Albania (X tonnes) and Germany (X tonnes) were the main destinations of peanut butter exports from Greece, together comprising X% of total exports. Cyprus, the Netherlands, the UK, Cabo Verde, Serbia, North Macedonia and Romania lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Cabo Verde, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for peanut butter exported from Greece were Poland ($X), Albania ($X) and the UK ($X), together comprising X% of total exports. Germany, the Netherlands, Cyprus, Cabo Verde, Serbia, North Macedonia and Romania lagged somewhat behind, together accounting for a further X Verde saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average peanut butter export price amounted to $X per tonne, with an increase of X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2011 an increase of X% year-to-year. Over the period under review, average export prices reached the maximum at $X per tonne in 2013; however, from 2014 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was the UK ($X per tonne), while the average price for exports to Albania ($X per tonne) was amongst the lowest.

From 2007 to 2020, 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 more modest paces of growth.

Peanut Butter Imports

Imports into Greece

Peanut butter imports into Greece reduced sharply to X tonnes in 2020, shrinking by -X% against the previous year's figure. Over the period under review, imports, however, saw a slight expansion. The pace of growth was the most pronounced in 2011 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X tonnes in 2017; however, from 2018 to 2020, imports stood at a somewhat lower figure.

In value terms, peanut butter imports dropped remarkably to $X in 2020. In general, imports, however, saw a notable increase. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Imports peaked at $X in 2017; however, from 2018 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, the Netherlands (X tonnes) constituted the largest peanut butter supplier to Greece, with a X% share of total imports. Moreover, peanut butter imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Germany (X tonnes), twofold. Poland (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from the Netherlands amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Poland (+X% per year).

In value terms, the Netherlands ($X), Germany ($X) and Poland ($X) appeared to be the largest peanut butter suppliers to Greece, with a combined X% share of total imports. These countries were followed by the UK, Cyprus, Romania and Bulgaria, which together accounted for a further X terms of the main suppliers, Bulgaria (+X% per year) recorded the highest rates of growth with regard to 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 2020, the average peanut butter import price amounted to $X per tonne, picking up by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Cyprus ($X per tonne), while the price for the Netherlands ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Romania, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for peanut butter and prepared or preserved groundnuts in the world?
+
The country with the largest volume of peanut butter consumption was China (974K tonnes), comprising approx. 19% of total volume. Moreover, peanut butter consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (389K tonnes), threefold. India (350K tonnes) ranked third in terms of total consumption with a 6.8% share.
What are the largest producers of peanut butter and prepared or preserved groundnuts in the world?
+
The country with the largest volume of peanut butter production was China (1.2M tonnes), accounting for 24% of total volume. Moreover, peanut butter production in China exceeded the figures recorded by the second-largest producer, the U.S. (418K tonnes), threefold. The third position in this ranking was occupied by India (397K tonnes), with a 7.6% share.
What are the leading suppliers of peanut butter and prepared or preserved groundnuts to Greece?
+
In value terms, the largest peanut butter suppliers to Greece were the Netherlands ($1.7M), Germany ($1M) and Poland ($743K), together accounting for 82% of total imports. These countries were followed by the UK, Cyprus, Romania and Bulgaria, which together accounted for a further 16%.
What are the leading importers of peanut butter and prepared or preserved groundnuts from Greece?
+
In value terms, Poland ($3M), Albania ($1.7M) and the UK ($1.5M) constituted the largest markets for peanut butter exported from Greece worldwide, together accounting for 53% of total exports. Germany, the Netherlands, Cyprus, Cabo Verde, Serbia, North Macedonia and Romania lagged somewhat behind, together comprising a further 35%.
What is the average export price for peanut butter and prepared or preserved groundnuts in Greece?
+
In 2020, the average peanut butter export price amounted to $3,628 per tonne, with an increase of 3% against the previous year.
What is the average import price for peanut butter and prepared or preserved groundnuts in Greece?
+
The average peanut butter import price stood at $2,541 per tonne in 2020, growing by 35% against the previous year.

Product coverage:
• Prodcom 10392330 - Prepared or preserved groundnuts (including peanut butter, e xcluding by vinegar or acetic acid, frozen, purees and pastes)

This report provides an in-depth analysis of the peanut butter 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 2030
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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