Greece: Market for Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes 2024

Market Size for Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes in Greece

The Greek fruit or nut preserves market shrank notably to $X in 2021, waning by -24.8% against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Production of Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes in Greece

In value terms, fruit or nut preserves production declined to $X in 2021 estimated in export price. Overall, production showed a noticeable curtailment. The pace of growth was the most pronounced in 2017 when the production volume increased by 20% against the previous year. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Exports of Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes

Exports from Greece

Fruit or nut preserves exports from Greece skyrocketed to X tons in 2021, jumping by 20% against 2020 figures. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 46% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, fruit or nut preserves exports surged to $X in 2021. Overall, exports, however, recorded a mild reduction. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Russia (X tons) was the main destination for fruit or nut preserves exports from Greece, accounting for a 16% share of total exports. Moreover, fruit or nut preserves exports to Russia exceeded the volume sent to the second major destination, Ukraine (X tons), twofold. Peru (X tons) ranked third in terms of total exports with a 6.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia totaled -12.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (-3.3% per year) and Peru (+41.4% per year).

In value terms, Russia ($X), the United States ($X) and Guatemala ($X) constituted the largest markets for fruit or nut preserves exported from Greece worldwide, with a combined 27% share of total exports.

Guatemala, with a CAGR of +46.7%, saw the highest rates of growth with regard to the value of exports, among 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

In 2021, the average fruit or nut preserves export price amounted to $X per ton, rising by 32% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Hungary ($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 Saudi Arabia (+7.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes

Imports into Greece

After two years of decline, supplies from abroad of jams, marmalades, fruit jellies, fruit or nut purees and pastes increased by 74% to X tons in 2021. Over the period under review, total imports indicated resilient growth from 2012 to 2021: its volume increased at an average annual rate of +8.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, fruit or nut preserves imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +5.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

France (X tons), Turkey (X tons) and Germany (X tons) were the main suppliers of fruit or nut preserves imports to Greece, with a combined 52% share of total imports. These countries were followed by South Africa, Italy, Iran and Belgium, which together accounted for a further 31%.

From 2012 to 2021, the biggest increases were recorded for Iran (with a CAGR of +2,682.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest fruit or nut preserves suppliers to Greece were France ($X), Turkey ($X) and Italy ($X), together accounting for 65% of total imports. These countries were followed by Germany, Belgium, South Africa and Iran, which together accounted for a further 22%.

Iran, with a CAGR of +4,234.5%, recorded the highest growth rate of the value of imports, among the main suppliers 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 fruit or nut preserves import price amounted to $X per ton, dropping by -13.5% against the previous year. In general, the import price continues to indicate a perceptible downturn. The pace of growth appeared the most rapid in 2020 an increase of 12%. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Iran (+55.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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