Greece: Frozen Orange Juice Market 2020

Frozen Orange Juice Market Size in Greece

The revenue of the frozen orange juice market in Greece amounted to $X in 2018, going down by -X% against the previous year. In general, frozen orange juice consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X% year-to-year. Over the period under review, the frozen orange juice market reached its maximum level at $X in 2008; however, from 2009 to 2018, consumption stood at a somewhat lower figure.

Frozen Orange Juice Production in Greece

In value terms, frozen orange juice production totaled $X in 2018 estimated in export prices. Overall, frozen orange juice production continues to indicate remarkable growth. The pace of growth was the most pronounced in 2012 when production volume increased by X% year-to-year. Frozen orange juice production peaked at $X in 2016; however, from 2017 to 2018, production failed to regain its momentum.

Frozen Orange Juice Exports

Exports from Greece

In 2018, the exports of frozen unconcentrated orange juice from Greece totaled X tons, increasing by X% against the previous year. In general, frozen orange juice exports continue to indicate a resilient increase. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. In that year, frozen orange juice exports attained their peak of X tons. From 2017 to 2018, the growth of frozen orange juice exports remained at a lower figure.

In value terms, frozen orange juice exports amounted to $X in 2018. In general, frozen orange juice exports continue to indicate remarkable growth. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, frozen orange juice exports attained their maximum in 2018 and are expected to retain its growth in the near future.

Exports by Country

The Netherlands (X tons) was the main destination for frozen orange juice exports from Greece, with a X% share of total exports. Moreover, frozen orange juice exports to the Netherlands exceeded the volume sent to the second major destination, Bulgaria (X tons), sixfold. France (X tons) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to the Netherlands totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bulgaria (+X% per year) and France (+X% per year).

In value terms, the Netherlands ($X) remains the key foreign market for frozen orange juice exports from Greece, comprising X% of total frozen orange juice exports. The second position in the ranking was occupied by Israel ($X), with a X% share of total exports. It was followed by Belgium, with a X% share.

From 2007 to 2018, the average annual growth rate of value to the Netherlands totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Israel (+X% per year) and Belgium (+X% per year).

Export Prices by Country

The average frozen orange juice export price stood at $X per ton in 2018, falling by -X% against the previous year. Overall, the frozen orange juice export price continues to indicate a perceptible reduction. The pace of growth appeared the most rapid in 2017 an increase of X% year-to-year. The export price peaked at $X per ton in 2008; however, from 2009 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Belgium ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Belgium, while the prices for the other major destinations experienced more modest paces of growth.

Frozen Orange Juice Imports

Imports into Greece

In 2018, approx. X tons of frozen unconcentrated orange juice were imported into Greece; going up by X% against the previous year. In general, frozen orange juice imports, however, continue to indicate a drastic decrease. The pace of growth was the most pronounced in 2017 when imports increased by X% year-to-year. Imports peaked at X tons in 2008; however, from 2009 to 2018, imports stood at a somewhat lower figure.

In value terms, frozen orange juice imports stood at $X in 2018. Over the period under review, frozen orange juice imports, however, continue to indicate a deep decline. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Imports peaked at $X in 2008; however, from 2009 to 2018, imports stood at a somewhat lower figure.

Imports by Country

The Netherlands (X tons), Belgium (X tons) and Brazil (X tons) were the main suppliers of frozen orange juice imports to Greece, with a combined X% share of total imports. Austria, Italy, Spain and Germany lagged somewhat behind, together accounting for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Austria, while the other leaders experienced more modest paces of growth.

In value terms, the largest frozen orange juice suppliers to Greece were the Netherlands ($X), Belgium ($X) and Austria ($X), together accounting for X% of total imports.

Among the main suppliers, Austria experienced the highest rates of growth with regard to imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average frozen orange juice import price stood at $X per ton in 2018, growing by X% against the previous year. In general, the frozen orange juice import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by X% year-to-year. Over the period under review, the average import prices for frozen unconcentrated orange juice reached their maximum in 2018 and is expected to retain its growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Spain ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Austria, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform