Greece: Lettuce And Chicory Market 2024

Lettuce And Chicory Market Size in Greece

In 2022, after two years of growth, there was decline in the Greek lettuce and chicory market, when its value decreased by -1.6% to $X. In general, consumption showed a pronounced setback. Lettuce and chicory consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Lettuce And Chicory Production in Greece

In value terms, lettuce and chicory production amounted to $X in 2022 estimated in export price. Overall, production saw a drastic downturn. The growth pace was the most rapid in 2015 when the production volume increased by 31%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

The average yield of lettuce and chicory in Greece reduced to X tons per ha in 2022, which is down by -2.4% compared with the previous year. The yield figure increased at an average annual rate of +2.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 18%. The lettuce and chicory yield peaked at X tons per ha in 2021, and then declined slightly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The lettuce and chicory harvested area in Greece fell slightly to X ha in 2022, declining by -4.3% compared with the previous year's figure. Overall, the harvested area saw a noticeable setback. The pace of growth appeared the most rapid in 2015 with an increase of 37% against the previous year. The lettuce and chicory harvested area peaked at X ha in 2013; however, from 2014 to 2022, the harvested area stood at a somewhat lower figure.

Lettuce And Chicory Exports

Exports from Greece

After two years of decline, overseas shipments of lettuce and chicory increased by 4.2% to X tons in 2022. In general, total exports indicated a perceptible expansion from 2012 to 2022: its volume increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when exports increased by 50% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, lettuce and chicory exports expanded markedly to $X in 2022. Over the period under review, exports, however, showed a noticeable decrease. The pace of growth was the most pronounced in 2013 with an increase of 40% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Bulgaria (X tons), Cyprus (X tons) and Albania (X tons) were the main destinations of lettuce and chicory exports from Greece, together accounting for 74% of total exports. Serbia, Poland, Romania, Norway and the Netherlands lagged somewhat behind, together comprising a further 20%.

From 2012 to 2022, the biggest increases were recorded for Serbia (with a CAGR of +102.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for lettuce and chicory exported from Greece were Bulgaria ($X), Cyprus ($X) and Serbia ($X), with a combined 73% share of total exports.

Serbia, with a CAGR of +117.7%, recorded 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

The average lettuce and chicory export price stood at $X per ton in 2022, surging by 2.5% against the previous year. Over the period under review, the export price, however, recorded a pronounced slump. The most prominent rate of growth was recorded in 2016 an increase of 14% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Norway ($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 Serbia (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.

Lettuce And Chicory Imports

Imports into Greece

In 2022, approx. X tons of lettuce and chicory were imported into Greece; growing by 18% against 2021. In general, imports continue to indicate a prominent increase. The growth pace was the most rapid in 2015 when imports increased by 94%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, lettuce and chicory imports soared to $X in 2022. Over the period under review, imports saw a remarkable increase. The pace of growth was the most pronounced in 2017 with an increase of 95% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in years to come.

Imports by Country

Spain (X tons), the Netherlands (X tons) and Turkey (X tons) were the main suppliers of lettuce and chicory imports to Greece, with a combined 54% share of total imports. Italy, Egypt, Belgium, Bulgaria, Poland and Germany lagged somewhat behind, together comprising a further 46%.

From 2012 to 2022, the biggest increases were recorded for Egypt (with a CAGR of +125.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), the Netherlands ($X) and Italy ($X) appeared to be the largest lettuce and chicory suppliers to Greece, with a combined 57% share of total imports. Belgium, Bulgaria, Turkey, Poland, Egypt and Germany lagged somewhat behind, together comprising a further 43%.

Among the main suppliers, Egypt, with a CAGR of +117.5%, 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 lettuce and chicory import price stood at $X per ton in 2022, picking up by 2.8% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 23% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :