Greece: Concentrated Apple Juice Market 2024

Concentrated Apple Juice Market Size in Greece

The Greek concentrated apple juice market rose sharply to $X in 2021, increasing by 5.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Concentrated Apple Juice Exports

Exports from Greece

In 2021, exports of concentrated apple juice from Greece soared to X tons, picking up by 28% compared with the year before. Overall, total exports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +5.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +66.0% against 2017 indices. The most prominent rate of growth was recorded in 2019 with an increase of 33%. Over the period under review, the exports reached the peak figure at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, concentrated apple juice exports skyrocketed to $X in 2021. In general, total exports indicated pronounced growth from 2012 to 2021: its value increased at an average annual rate of +3.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 49% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Romania (X tons), Cyprus (X tons) and the Netherlands (X tons) were the main destinations of concentrated apple juice exports from Greece, together accounting for 80% of total exports. These countries were followed by Lithuania, North Macedonia, Serbia, Malta and Germany, which together accounted for a further 15%.

From 2012 to 2021, the biggest increases were recorded for North Macedonia (with a CAGR of +27,573.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for concentrated apple juice exported from Greece were Romania ($X), Cyprus ($X) and Lithuania ($X), together comprising 71% of total exports. These countries were followed by North Macedonia, Serbia, the Netherlands, Germany and Malta, which together accounted for a further 20%.

Among the main countries of destination, North Macedonia, with a CAGR of +34,987.6%, saw the highest growth rate of 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

The average concentrated apple juice export price stood at $X per ton in 2021, remaining constant against the previous year. Overall, the export price, however, showed a slight reduction. The pace of growth was the most pronounced in 2017 when the average export price increased by 24% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lithuania ($X per ton), while the average price for exports to the Netherlands ($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 North Macedonia (+26.5%), while the prices for the other major destinations experienced more modest paces of growth.

Concentrated Apple Juice Imports

Imports into Greece

In 2021, concentrated apple juice imports into Greece rose markedly to X tons, growing by 9.7% against the previous year's figure. Overall, total imports indicated a moderate increase from 2012 to 2021: its volume increased at an average annual rate of +4.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -7.6% against 2019 indices. The most prominent rate of growth was recorded in 2015 when imports increased by 46%. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, concentrated apple juice imports rose sharply to $X in 2021. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by 43%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Turkey (X tons) constituted the largest concentrated apple juice supplier to Greece, with a 49% share of total imports. Moreover, concentrated apple juice imports from Turkey exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. The third position in this ranking was taken by Austria (X tons), with a 13% share.

From 2012 to 2021, the average annual growth rate of volume from Turkey stood at +11.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-5.0% per year) and Austria (+4.7% per year).

In value terms, the largest concentrated apple juice suppliers to Greece were Turkey ($X), Germany ($X) and Austria ($X), together comprising 81% of total imports. These countries were followed by Serbia, Belgium and Poland, which together accounted for a further 15%.

In terms of the main suppliers, Serbia, with a CAGR of +192.2%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average concentrated apple juice import price amounted to $X per ton, growing by 2.6% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2018 an increase of 15% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Belgium ($X per ton) and Germany ($X per ton), while the price for Turkey ($X per ton) and Serbia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (-0.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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