Greece: Market for Prepared Dishes And Meals 2024

Market Size for Prepared Dishes And Meals in Greece

In 2021, the Greek prepared dish and meal market was finally on the rise to reach $X after two years of decline. Overall, consumption recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Production of Prepared Dishes And Meals in Greece

In value terms, prepared dish and meal production rose slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.6% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 with an increase of 14%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Exports of Prepared Dishes And Meals

Exports from Greece

In 2021, prepared dish and meal exports from Greece stood at X tons, almost unchanged from the year before. Overall, total exports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +7.5% 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 +91.3% against 2012 indices. The pace of growth was the most pronounced in 2018 when exports increased by 17% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the near future.

In value terms, prepared dish and meal exports expanded notably to $X in 2021. In general, exports saw a resilient increase. The pace of growth was the most pronounced in 2018 when exports increased by 18%. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

The United States (X tons), Germany (X tons) and the UK (X tons) were the main destinations of prepared dish and meal exports from Greece, together comprising 44% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +41.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for prepared dish and meal exported from Greece were the United States ($X), Germany ($X) and the UK ($X), with a combined 46% share of total exports.

The United States, with a CAGR of +47.0%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average prepared dish and meal export price stood at $X per ton in 2021, growing by 7.2% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.8%. The growth pace was the most rapid in 2016 when the average export price increased by 16%. Over the period under review, the average export prices attained the maximum in 2021 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Algeria ($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 Poland (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prepared Dishes And Meals

Imports into Greece

Prepared dish and meal imports into Greece skyrocketed to X tons in 2021, jumping by 15% compared with the previous year. The total import volume increased at an average annual rate of +1.5% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2014 when imports increased by 16%. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, prepared dish and meal imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +2.7% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Italy (X tons), Germany (X tons) and Bulgaria (X tons) were the main suppliers of prepared dish and meal imports to Greece, with a combined 49% share of total imports. France, Belgium, Denmark, the Netherlands and Poland lagged somewhat behind, together accounting for a further 34%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +7.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X), Italy ($X) and Germany ($X) appeared to be the largest prepared dish and meal suppliers to Greece, with a combined 47% share of total imports. The Netherlands, France, Poland, Belgium and Bulgaria lagged somewhat behind, together accounting for a further 31%.

In terms of the main suppliers, the Netherlands, with a CAGR of +6.9%, saw the highest rates of growth with regard to 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 2021, the average prepared dish and meal import price amounted to $X per ton, surging by 2.2% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.1%. The growth pace was the most rapid in 2020 an increase of 18% against the previous year. The import price peaked in 2021 and is expected to retain growth in years to come.

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 Denmark ($X per ton), while the price for Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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