Greece: Market for Homogenised Preparations Of Jams, Fruit Jellies And Marmalades 2024

Market Size for Homogenised Preparations Of Jams, Fruit Jellies And Marmalades in Greece

In 2022, the Greek homogenised jam and marmalade market increased by 14% to $X for the first time since 2016, thus ending a five-year declining trend. Over the period under review, consumption, however, continues to indicate a abrupt downturn. Homogenised jam and marmalade consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades in Greece

In value terms, homogenised jam and marmalade production surged to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2020 when the production volume increased by 57%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades

Exports from Greece

In 2022, approx. X tons of homogenised preparations of jams, fruit jellies and marmalades were exported from Greece; with an increase of 11% compared with the previous year's figure. In general, exports saw a pronounced increase. The pace of growth was the most pronounced in 2017 when exports increased by 63%. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, homogenised jam and marmalade exports surged to $X in 2022. Over the period under review, exports showed a noticeable expansion. The most prominent rate of growth was recorded in 2014 with an increase of 78% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Algeria (X tons) was the main destination for homogenised jam and marmalade exports from Greece, accounting for a 14% share of total exports. Moreover, homogenised jam and marmalade exports to Algeria exceeded the volume sent to the second major destination, Tunisia (X tons), twofold. The third position in this ranking was taken by Germany (X tons), with a 6.2% share.

From 2012 to 2022, the average annual growth rate of volume to Algeria totaled +21.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tunisia (+32.3% per year) and Germany (+9.6% per year).

In value terms, Algeria ($X) remains the key foreign market for homogenised preparations of jams, fruit jellies and marmalades exports from Greece, comprising 15% of total exports. The second position in the ranking was taken by Spain ($X), with a 7.3% share of total exports. It was followed by Germany, with a 6.5% share.

From 2012 to 2022, the average annual growth rate of value to Algeria stood at +19.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+99.4% per year) and Germany (+13.1% per year).

Export Prices by Country

The average homogenised jam and marmalade export price stood at $X per ton in 2022, with an increase of 13% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 18% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, the 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 Spain ($X per ton), while the average price for exports to Egypt ($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 Hungary (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades

Imports into Greece

In 2022, imports of homogenised preparations of jams, fruit jellies and marmalades into Greece reduced to X tons, waning by -12.2% compared with the previous year. In general, imports, however, saw a perceptible expansion. The growth pace was the most rapid in 2021 when imports increased by 207%. As a result, imports attained the peak of X tons, and then fell in the following year.

In value terms, homogenised jam and marmalade imports reduced to $X in 2022. Over the period under review, imports, however, recorded a slight expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 193%. As a result, imports reached the peak of $X, and then shrank in the following year.

Imports by Country

Italy (X tons), Bulgaria (X tons) and Poland (X tons) were the main suppliers of homogenised jam and marmalade imports to Greece, together comprising 49% of total imports. Germany, Saudi Arabia, Turkey, Spain, Romania and the UK lagged somewhat behind, together accounting for a further 46%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +37.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest homogenised jam and marmalade suppliers to Greece were Italy ($X), Turkey ($X) and Bulgaria ($X), with a combined 58% share of total imports.

Among the main suppliers, Turkey, with a CAGR of +43.9%, 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

The average homogenised jam and marmalade import price stood at $X per ton in 2022, growing by 2.3% against the previous year. Over the period under review, the import price, however, continues to indicate a mild decrease. The pace of growth was the most pronounced in 2014 an increase of 73% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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