Greece: Canned Food Market 2024

Canned Food Market Size in Greece

The Greek canned food market was finally on the rise to reach $X in 2022, after three years of decline. Overall, consumption recorded a noticeable downturn. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Canned Food Production in Greece

In value terms, canned food production soared to $X in 2022 estimated in export price. Over the period under review, the total production indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2018 indices. Canned food production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

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Canned Food Exports

Exports from Greece

After two years of growth, overseas shipments of canned food decreased by X% to X tons in 2022. Over the period under review, total exports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of X%. The exports peaked at X tons in 2021, and then declined slightly in the following year.

In value terms, canned food exports expanded modestly to $X in 2022. Overall, total exports indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2018 with an increase of X%. The exports peaked in 2022 and are likely to continue growth in years to come.

Exports by Country

The United States (X tons), the UK (X tons) and Germany (X tons) were the main destinations of canned food exports from Greece, with a combined X% share of total exports. Italy, Belgium, Bulgaria, Poland, the Netherlands, Albania, Sweden, Romania, Australia and Canada lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for canned food exported from Greece were the United States ($X), Germany ($X) and the UK ($X), with a combined X% share of total exports. Italy, the Netherlands, Australia, Belgium, Canada, Bulgaria, Poland, Albania, Romania and Sweden lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Poland, 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 canned food export price stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Canned Food Imports

Imports into Greece

In 2022, supplies from abroad of canned food increased by X% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, canned food imports rose remarkably to $X in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

The Netherlands (X tons), Albania (X tons) and Turkey (X tons) were the main suppliers of canned food imports to Greece, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Albania (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest canned food suppliers to Greece were the Netherlands ($X), Germany ($X) and Italy ($X), with a combined X% share of total imports. Turkey, France, Albania, Bulgaria, Spain, Hungary, Poland, Belgium, Egypt and Thailand lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Albania, with a CAGR of X%, 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 2022, the average canned food import price amounted to $X per ton, approximately mirroring the previous year. In general, the import price continues to indicate a mild slump. The growth pace was the most rapid in 2020 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Albania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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