Greece - Milk - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMilk Price in Greece - 2023
Contents:
- Milk Price in Greece (CIF) - 2022
- Milk Price in Greece (FOB) - 2022
- Milk Imports in Greece
- Milk Exports in Greece
Milk Price in Greece (CIF) - 2022
In 2022, the average milk import price amounted to $791 per ton, picking up by 17% against the previous year. In general, the import price showed a relatively flat trend pattern. The import price peaked at $870 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 ($1,725 per ton), while the price for Italy ($673 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Milk Price in Greece (FOB) - 2022
The average milk export price stood at $1,002 per ton in 2022, which is down by -19.4% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 67%. As a result, the export price attained the peak level of $1,477 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($1,565 per ton), while the average price for exports to Bulgaria ($768 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 Romania (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.
Milk Imports in Greece
In 2022, purchases abroad of milk increased by 6.5% to 93K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a perceptible curtailment.
In value terms, milk imports surged to $73M in 2022. The total import value increased at an average annual rate of +6.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Milk in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 9.8 | 10.6 | 11.0 | 14.8 | 14.7% |
| Romania | 9.6 | 7.7 | 7.9 | 9.7 | 0.3% |
| Czech Republic | 3.5 | 4.0 | 4.9 | 9.3 | 38.5% |
| Hungary | 7.8 | 6.9 | 8.9 | 9.2 | 5.7% |
| Austria | 5.5 | 5.8 | 5.6 | 7.3 | 9.9% |
| Slovenia | 9.1 | 6.9 | 8.8 | 7.1 | -7.9% |
| Poland | 6.0 | 3.8 | 3.8 | 6.4 | 2.2% |
| Bulgaria | 5.5 | 5.4 | 3.9 | 1.9 | -29.8% |
| Others | 3.1 | 2.9 | 4.1 | 7.6 | 34.8% |
| Total | 60.0 | 54.0 | 58.9 | 73.3 | 6.9% |
Top Suppliers of Milk to Greece in 2022:
- Germany (15.7K tons)
- Hungary (13.4K tons)
- Romania (12.6K tons)
- Czech Republic (12.2K tons)
- Slovenia (9.9K tons)
- Austria (8.7K tons)
- Poland (8.2K tons)
- Bulgaria (2.7K tons)
Milk Exports in Greece
In 2022, approx. 5.7K tons of milk were exported from Greece; dropping by -36% compared with the previous year. In general, exports saw a abrupt slump. The growth pace was the most rapid in 2021 when exports increased by 25%. As a result, the exports attained the peak of 9K tons, and then dropped markedly in the following year.
In value terms, milk exports contracted rapidly to $5.8M in 2022. Over the period under review, exports recorded a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 45% against the previous year. As a result, the exports reached the peak of $11M, and then contracted dramatically in the following year.
| Export of Milk in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cyprus | 1.5 | 1.7 | 2.0 | 2.4 | 17.0% |
| Bulgaria | 0.2 | 0.2 | 0.3 | 1.7 | 104.1% |
| Romania | 0.7 | 0.6 | 1.0 | 0.6 | -5.0% |
| Albania | 0.1 | 0.3 | 0.5 | 0.5 | 71.0% |
| Sweden | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
| Germany | 3.5 | 3.0 | 4.0 | 0.1 | -69.4% |
| Italy | 1.4 | 1.0 | 2.8 | N/A | 41.4% |
| Others | 0.6 | 0.6 | 0.3 | 0.3 | -20.6% |
| Total | 8.0 | 7.7 | 11.2 | 5.8 | -10.2% |
Top Export Markets for Milk from Greece in 2022:
- Cyprus (2402.5 tons)
- Bulgaria (2248.5 tons)
- Romania (365.5 tons)
- Albania (358.3 tons)
- Sweden (124.6 tons)
- Germany (27.0 tons)
- Italy (7.6 tons)
This report provides an in-depth analysis of the milk 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 2030.
Product coverage:
- FCL 1130 - Camel milk
- FCL 882 - Cow milk, whole (fresh)
- FCL 1020 - Goat milk
- FCL 982 - Sheep milk
- FCL 951 - Buffalo milk
- FCL 888 - Skim Milk of Cows
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
861
This report provides an in-depth analysis of the milk market in Greece.
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