Greece: Pasta Products Market 2025

Pasta Products Market Size in Greece

The Greek pasta products market skyrocketed to $X in 2022, jumping by 31% against the previous year. Overall, consumption saw a strong increase. Pasta products consumption peaked in 2022 and is expected to retain growth in the immediate term.

Pasta Products Production in Greece

In value terms, pasta products production skyrocketed to $X in 2022 estimated in export price. Overall, production saw a remarkable increase. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Pasta Products Exports

Exports from Greece

For the seventh consecutive year, Greece recorded growth in overseas shipments of dried, undried and frozen pasta and pasta products, which increased by 26% to X tons in 2022. Overall, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2013 when exports increased by 83%. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, pasta products exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2013 when exports increased by 119% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Germany (X tons) was the main destination for pasta products exports from Greece, accounting for a 50% share of total exports. Moreover, pasta products exports to Germany exceeded the volume sent to the second major destination, Albania (X tons), threefold. Belgium (X tons) ranked third in terms of total exports with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to +64.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Albania (+10.9% per year) and Belgium (+354.8% per year).

In value terms, Germany ($X) remains the key foreign market for dried, undried and frozen pasta and pasta products exports from Greece, comprising 51% of total exports. The second position in the ranking was taken by Cyprus ($X), with a 15% share of total exports. It was followed by Belgium, with a 13% share.

From 2012 to 2022, the average annual growth rate of value to Germany stood at +60.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cyprus (+19.1% per year) and Belgium (+197.3% per year).

Export Prices by Country

In 2022, the average pasta products export price amounted to $X per ton, picking up by 1.9% against the previous year. Over the last decade, it increased at an average annual rate of +3.9%. The growth pace was the most rapid in 2014 an increase of 32% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a 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 Cyprus ($X per ton), while the average price for exports to Albania ($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 Albania (+7.9%), while the prices for the other major destinations experienced mixed trend patterns.

Pasta Products Imports

Imports into Greece

In 2022, imports of dried, undried and frozen pasta and pasta products into Greece skyrocketed to X tons, jumping by 22% against the year before. In general, imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2019 with an increase of 38%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, pasta products imports skyrocketed to $X in 2022. Overall, imports continue to indicate a prominent expansion. The growth pace was the most rapid in 2021 with an increase of 55%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in years to come.

Imports by Country

Italy (X tons), China (X tons) and Germany (X tons) were the main suppliers of pasta products imports to Greece, with a combined 62% share of total imports. The Netherlands, Thailand, Ukraine, Singapore and Hungary lagged somewhat behind, together comprising a further 25%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Singapore (with a CAGR of +40.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and Italy ($X) appeared to be the largest pasta products suppliers to Greece, with a combined 59% share of total imports. The Netherlands, Thailand, Ukraine, Singapore and Hungary lagged somewhat behind, together accounting for a further 27%.

Among the main suppliers, Singapore, with a CAGR of +47.3%, recorded 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

In 2022, the average pasta products import price amounted to $X per ton, surging by 4.5% against the previous year. Over the period under review, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pasta products import price increased by +18.6% against 2018 indices. The growth pace was the most rapid in 2017 when the average import price increased by 38% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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