Greece: Milled Rice Market 2020

Milled Rice Exports

Exports from Greece

In 2018, approx. X tons of semi-milled or wholly milled (bleached) rice were exported from Greece; declining by -X% against the previous year. Overall, milled rice exports continue to indicate a slight reduction. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Exports peaked at X tons in 2017, and then declined slightly in the following year.

In value terms, milled rice exports stood at $X in 2018. Overall, milled rice exports continue to indicate a slight slump. The most prominent rate of growth was recorded in 2011 when exports increased by X% y-o-y. 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), Bulgaria (X tons) and France (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 Romania, Poland, the UK, Albania, Cyprus, Lebanon, Serbia, Spain and Syrian Arab Republic, 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, Hungary ($X), Bulgaria ($X) and Romania ($X) constituted the largest markets for milled rice exported from Greece worldwide, with a combined X% share of total exports. France, Cyprus, the UK, Albania, Poland, Lebanon, Serbia, Spain and Syrian Arab Republic lagged somewhat behind, together comprising a further X terms of the main countries of destination, Albania recorded the highest growth rate of market size, over the period under review, while exports for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average milled rice export price stood at $X per ton in 2018, rising by X% against the previous year. Overall, the milled rice export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% y-o-y. In that year, the average export prices for semi-milled or wholly milled (bleached) rice attained their peak level of $X per ton. From 2009 to 2018, the growth in terms of the average export prices for semi-milled or wholly milled (bleached) rice remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Cyprus ($X per ton), while the average price for exports to France ($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 Cyprus, 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 amounted to X tons in 2018, growing by X% against the previous year. Over the period under review, milled rice imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, milled rice imports attained their maximum at X tons in 2010; however, from 2011 to 2018, imports stood at a somewhat lower figure.

In value terms, milled rice imports amounted to $X in 2018. Over the period under review, the total imports indicated a mild increase from 2007 to 2018: its value 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 2018 figures, milled rice imports increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2008 when imports increased by X% year-to-year. In that year, milled rice imports attained their peak of $X. From 2009 to 2018, the growth of milled rice imports failed to regain its momentum.

Imports by Country

Myanmar (X tons), Italy (X tons) and India (X tons) were the main suppliers of milled rice imports to Greece, with a combined X% share of total imports. Belgium, Pakistan, Germany and Thailand lagged somewhat behind, together comprising a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Germany, 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), together comprising X% of total imports. These countries were followed by India, Pakistan, Germany and Thailand, which together accounted for a further X terms of the main suppliers, Pakistan experienced the highest rates of growth with regard to market size, over the period under review, while imports for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average milled rice import price stood at $X per ton in 2018, remaining constant against the previous year. Over the period under review, the milled rice import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 when the average import price increased by X% year-to-year. In that year, the average import prices for semi-milled or wholly milled (bleached) rice attained their peak level of $X per ton. From 2009 to 2018, the growth in terms of the average import prices for semi-milled or wholly milled (bleached) rice failed to regain its momentum.

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

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

Source: IndexBox Platform