Greece: Whole Fresh Milk Market 2024

Whole Fresh Milk Market Size in Greece

The Greek whole fresh milk market reached $X in 2022, remaining constant against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. Whole fresh milk consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Whole Fresh Milk Production in Greece

In value terms, whole fresh milk production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2013; afterwards, it flattened through to 2022.

Whole Fresh Milk Exports

Exports from Greece

In 2022, the amount of whole fresh milk exported from Greece shrank rapidly to X tons, dropping by X% on the previous year. In general, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2014 when exports increased by X%. Over the period under review, the exports reached the peak figure at X tons in 2021, and then contracted rapidly in the following year.

In value terms, whole fresh milk exports reduced dramatically to $X in 2022. Over the period under review, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2014 with an increase of X%. The exports peaked at $X in 2021, and then declined sharply in the following year.

Exports by Country

Cyprus (X tons), Bulgaria (X tons) and Romania (X tons) were the main destinations of whole fresh milk exports from Greece, with a combined X% share of total exports. Albania and Sweden lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sweden (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Cyprus ($X), Bulgaria ($X) and Romania ($X) appeared to be the largest markets for whole fresh milk exported from Greece worldwide, together comprising X% of total exports. Albania and Sweden lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Albania, with a CAGR of X%, recorded the highest rates of growth with regard to 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

In 2022, the average whole fresh milk export price amounted to $X per ton, declining by X% against the previous year. Overall, export price indicated a modest increase from 2012 to 2022: its price 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. The most prominent rate of growth was recorded in 2019 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then reduced sharply in the following year.

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 Romania ($X per ton), while the average price for exports to Bulgaria ($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 France (X%), while the prices for the other major destinations experienced more modest paces of growth.

Whole Fresh Milk Imports

Imports into Greece

In 2022, supplies from abroad of whole fresh milk was finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, whole fresh milk imports soared to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Germany (X tons), Hungary (X tons) and Romania (X tons) were the main suppliers of whole fresh milk imports to Greece, together comprising X% of total imports. The Czech Republic, Slovenia, Austria, Poland, the Netherlands and Bulgaria lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest whole fresh milk suppliers to Greece were Germany ($X), Romania ($X) and Hungary ($X), together accounting for X% of total imports. The Czech Republic, Austria, Slovenia, Poland, the Netherlands and Bulgaria lagged somewhat behind, together comprising a further X%.

Among the main suppliers, the Czech Republic, with a CAGR of X%, saw the highest growth rate of 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

The average whole fresh milk import price stood at $X per ton in 2022, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2013 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($X per ton) and Austria ($X per ton), while the price for Bulgaria ($X per ton) and Hungary ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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