Greece - Ground-Nut - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGroundnuts Price in Greece - 2023
Contents:
- Groundnuts Price in Greece (CIF) - 2023
- Groundnuts Price in Greece (FOB) - 2022
- Groundnuts Imports in Greece
- Groundnuts Exports in Greece
Groundnuts Price in Greece (CIF) - 2023
The average groundnuts import price stood at $22,700 per ton in July 2023, surging by 1,143% against the previous month. Over the period under review, the import price posted significant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Bulgaria.
From August 2022 to July 2023, the rate of growth in terms of prices for Bulgaria amounted to +21.8% per month.
Groundnuts Price in Greece (FOB) - 2022
The average groundnuts export price stood at $2,079 per ton in 2022, falling by -12.2% against the previous year. In general, the export price showed a abrupt decrease. The pace of growth appeared the most rapid in 2014 an increase of 67% against the previous year. Over the period under review, the average export prices reached the maximum at $4,082 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Albania ($2,550 per ton) and Cyprus ($2,405 per ton), while the average price for exports to Serbia ($1,824 per ton) and Romania ($1,976 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus (+1.5%), while the prices for the other major destinations experienced mixed trend patterns.
Groundnuts Imports in Greece
In 2022, overseas purchases of ground-nut (in-shell) decreased by -16.3% to 680 tons, falling for the second year in a row after two years of growth. Overall, imports recorded a pronounced setback. The most prominent rate of growth was recorded in 2020 when imports increased by 7% against the previous year. As a result, imports attained the peak of 818 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, groundnuts imports plummeted to $1.3M in 2022. The total import value increased at an average annual rate of +4.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 19%.
Import of Groundnuts in Greece (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Egypt | 372 | 359 | 791 | 1,004 | 39.2% |
Bulgaria | N/A | 19.6 | 140 | 170 | 194.5% |
Turkey | N/A | N/A | N/A | 81.4 | 0% |
China | 756 | 954 | 646 | 37.4 | -63.3% |
Others | N/A | 8.2 | N/A | 0.6 | -72.9% |
Total | 1,127 | 1,341 | 1,577 | 1,294 | 4.7% |
Top Suppliers of Groundnuts to Greece in 2022:
- Egypt (539.6 tons)
- Bulgaria (79.1 tons)
- Turkey (43.0 tons)
- China (18.0 tons)
Groundnuts Exports in Greece
In 2022, overseas shipments of ground-nut (in-shell) decreased by -27.9% to 130 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports faced a abrupt slump. The pace of growth was the most pronounced in 2020 when exports increased by 4.6% against the previous year. As a result, the exports reached the peak of 190 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, groundnuts exports dropped notably to $270K in 2022. Overall, exports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 17% against the previous year.
Export of Groundnuts in Greece (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Romania | 170 | 265 | 290 | 178 | 1.5% |
Albania | 82.2 | 1.5 | 59.3 | 58.5 | -10.7% |
Serbia | N/A | N/A | N/A | 21.0 | 0% |
Cyprus | 3.0 | 4.5 | 7.8 | 6.7 | 30.7% |
Bulgaria | 65.1 | 55.0 | 15.4 | 2.1 | -68.2% |
Others | 11.0 | 62.0 | 54.0 | 3.8 | -29.8% |
Total | 331 | 388 | 427 | 270 | -6.6% |
Top Export Markets for Groundnuts from Greece in 2022:
- Romania (90.2 tons)
- Albania (23.0 tons)
- Serbia (11.5 tons)
- Cyprus (2.8 tons)
- Bulgaria (1.0 tons)
This report provides an in-depth analysis of the groundnuts 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 242 - Groundnuts, in shell
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
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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, HARVESTED AREA 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
- Area Harvested, 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
This report provides an in-depth analysis of the groundnuts market in Greece.
This report provides an in-depth analysis of the global groundnuts market.
This report provides an in-depth analysis of the groundnuts market in Greece.
This report provides an in-depth analysis of the global groundnuts market.
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