Greece: Confectionery Market 2022

Confectionery Market Size in Greece

In 2021, the greek confectionery market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend.The market value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years.Over the period under review, the market reached the maximum level in 2021 and is likely to see gradual growth in years to come.

Confectionery Production in Greece

In value terms, confectionery production stood at $X in 2021 estimated in export price.The total output value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period.The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year.As a result, production attained the peak level of $X. from 2019 to 2021, production growth remained at a somewhat lower figure.

Confectionery Exports

Exports from Greece

In 2021, the amount of confectionery exported from greece contracted to X tons, which is down by -X% on the year before.In general, total exports indicated a noticeable increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. the trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. based on 2021 figures, exports decreased by -X% against 2019 indices.The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year.The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, confectionery exports surged to $X in 2021.The total export value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years.The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year.The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Germany (X tons), Cyprus (X tons) and Bulgaria (X tons) were the main destinations of confectionery exports from Greece, together comprising X% of total exports. Albania, france, the uk, israel, egypt, the united states, the netherlands, romania, poland and libya lagged somewhat behind, together comprising a further X 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Libya (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for confectionery exports from Greece, comprising X% of total exports. The second position in the ranking was held by Cyprus ($X), with a X% share of total exports. It was followed by Bulgaria, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cyprus (+X% per year) and Bulgaria (+X% per year).

Export Prices by Country

In 2021, the average confectionery export price amounted to $X per ton, increasing by X% against the previous year. In general, the export price recorded a relatively flat trend pattern. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Germany ($X per ton), while the average price for exports to Egypt ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Confectionery Imports

Imports into Greece

In 2021, the amount of confectionery imported into greece reached X tons, picking up by X% on the year before.The total import volume increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable 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, confectionery imports surged to $X in 2021.The total import value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years.As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), the Netherlands (X tons) and Belgium (X tons) were the main suppliers of confectionery imports to Greece, together comprising X% of total imports. These countries were followed by Italy, Bulgaria, Spain, Austria, France, Ukraine, Poland and Romania, which together accounted for a further X 2012 to 2021, the biggest increases were in Ukraine (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and Italy ($X) were the largest confectionery suppliers to Greece, together comprising X% of total imports. These countries were followed by Belgium, Spain, Bulgaria, Austria, Poland, France, Ukraine and Romania, which together accounted for a further X, with a cagr of +X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average confectionery import price amounted to $X per ton, growing by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. from 2015 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Poland ($X per ton), while the price for Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ukraine (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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