Greece: Market for Cider, Perry, Mead And Other Fermented Beverages 2025

Market Size for Cider, Perry, Mead And Other Fermented Beverages in Greece

In 2021, the Greek cider, perry and mead market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption posted a strong increase. Cider, perry and mead consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Exports of Cider, Perry, Mead And Other Fermented Beverages

Exports from Greece

In 2021, approx. X litres of cider, perry, mead and other fermented beverages were exported from Greece; with an increase of 213% against the previous year's figure. Over the period under review, exports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2014 when exports increased by 1,951%. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in the immediate term.

In value terms, cider, perry and mead exports soared to $X in 2021. Overall, exports, however, recorded a noticeable descent. The pace of growth appeared the most rapid in 2014 when exports increased by 667%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Cyprus (X litres) was the main destination for cider, perry and mead exports from Greece, accounting for a 84% share of total exports. Moreover, cider, perry and mead exports to Cyprus exceeded the volume sent to the second major destination, Romania (X litres), more than tenfold. The third position in this ranking was taken by Italy (X litres), with a 3.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Cyprus stood at +4.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+148.6% per year) and Italy (+69.7% per year).

In value terms, Cyprus ($X) remains the key foreign market for cider, perry, mead and other fermented beverages exports from Greece, comprising 91% of total exports. The second position in the ranking was held by Romania ($X), with a 2.2% share of total exports. It was followed by Italy, with a 2.2% share.

From 2012 to 2021, the average annual growth rate of value to Cyprus stood at -3.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+82.2% per year) and Italy (+40.0% per year).

Export Prices by Country

In 2021, the average cider, perry and mead export price amounted to $X per litre, declining by -48.5% against the previous year. In general, the export price saw a abrupt decline. The pace of growth appeared the most rapid in 2016 when the average export price increased by 122%. Over the period under review, the average export prices hit record highs at $X per litre in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Albania ($X per litre), while the average price for exports to Romania ($X per litre) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+19.0%), while the prices for the other major destinations experienced a decline.

Imports of Cider, Perry, Mead And Other Fermented Beverages

Imports into Greece

In 2021, purchases abroad of cider, perry, mead and other fermented beverages increased by 46% to X litres for the first time since 2018, thus ending a two-year declining trend. Overall, imports saw a buoyant increase. Imports peaked at X litres in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, cider, perry and mead imports skyrocketed to $X in 2021. In general, imports posted a prominent expansion. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Germany (X litres), Estonia (X litres) and Bulgaria (X litres) were the main suppliers of cider, perry and mead imports to Greece, together accounting for 73% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Bulgaria (with a CAGR of +68.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest cider, perry and mead suppliers to Greece were Estonia ($X), France ($X) and Bulgaria ($X), together comprising 57% of total imports.

Bulgaria, with a CAGR of +51.7%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cider, perry and mead import price stood at $X per litre in 2021, with an increase of 6.7% against the previous year. Overall, the import price, however, recorded a deep contraction. The growth pace was the most rapid in 2018 when the average import price increased by 18% against the previous year. Over the period under review, average import prices attained the maximum at $X per litre in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per litre), while the price for Germany ($X per litre) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovenia (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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