Greece: Grape Market 2024

Grape Market Size in Greece

The Greek grape market rose slightly to $X in 2022, growing by 2% against the previous year. Over the period under review, the total consumption indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +6.0% against 2019 indices. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Grape Production in Greece

In value terms, grape production reached $X in 2022 estimated in export price. Overall, the total production indicated a modest increase from 2012 to 2022: its value increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +4.4% against 2019 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by 88% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

In 2022, the average yield of grapes in Greece reduced to X tons per ha, declining by -7.9% compared with the year before. Overall, the yield, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 98% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2015 to 2022, the growth of the average grape yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of grapes production in Greece expanded notably to X ha, growing by 8.4% against 2021. In general, the total harvested area indicated measured growth from 2012 to 2022: its figure increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, grape harvested area decreased by -7.2% against 2020 indices. The pace of growth appeared the most rapid in 2015 when the harvested area increased by 76% against the previous year. As a result, the harvested area attained the peak level of X ha. From 2016 to 2022, the growth of the grape harvested area remained at a somewhat lower figure.

Grape Exports

Exports from Greece

Grape exports from Greece fell to X tons in 2022, with a decrease of -11.3% against the year before. In general, exports showed a perceptible decline. The pace of growth was the most pronounced in 2013 with an increase of 39%. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, grape exports shrank to $X in 2022. Overall, exports showed a noticeable shrinkage. The pace of growth was the most pronounced in 2013 with an increase of 43% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X tons), Romania (X tons) and the UK (X tons) were the main destinations of grape exports from Greece, together accounting for 57% of total exports.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of +14.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for grape exported from Greece were Germany ($X), the UK ($X) and the Netherlands ($X), with a combined 61% share of total exports. Romania, Sweden, Poland, the Czech Republic, Cyprus, Denmark and Bulgaria lagged somewhat behind, together accounting for a further 32%.

Among the main countries of destination, Romania, with a CAGR of +18.4%, saw the highest rates of growth with regard to 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

In 2022, the average grape export price amounted to $X per ton, which is down by -3.5% against the previous year. In general, the export price showed a mild slump. The pace of growth appeared the most rapid in 2014 when the average export price increased by 12% 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 somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to Bulgaria ($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 the Czech Republic (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.

Grape Imports

Imports into Greece

In 2022, grape imports into Greece soared to X tons, picking up by 27% on the previous year. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 63%. Over the period under review, imports reached the peak figure at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, grape imports surged to $X in 2022. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 56%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

The Netherlands (X tons), Italy (X tons) and Spain (X tons) were the main suppliers of grape imports to Greece, with a combined 81% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +12.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) constituted the largest supplier of grapes to Greece, comprising 55% of total imports. The second position in the ranking was taken by Italy ($X), with a 13% share of total imports. It was followed by Spain, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the Netherlands amounted to +11.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-7.8% per year) and Spain (+11.3% per year).

Import Prices by Country

In 2022, the average grape import price amounted to $X per ton, shrinking by -7.8% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 19%. Over the period under review, average import prices attained the peak figure at $X per ton in 2021, and then declined in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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