Greece: Mixes And Doughs Market 2024

Mixes And Doughs Market Size in Greece

The Greek mixes and doughs market reduced to $X in 2022, approximately equating the previous year. Overall, the total consumption indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +4.7% 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 +28.0% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Mixes And Doughs Production in Greece

In value terms, mixes and doughs production contracted slightly to $X in 2022 estimated in export price. Over the period under review, production recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 1,658% against the previous year. As a result, production attained the peak level of $X, leveling off in the following year.

Mixes And Doughs Exports

Exports from Greece

Mixes and doughs exports from Greece reached X tons in 2022, increasing by 13% on 2021 figures. Over the period under review, exports enjoyed a prominent increase. The pace of growth appeared the most rapid in 2016 with an increase of 39% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, mixes and doughs exports surged to $X in 2022. Overall, exports continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2017 with an increase of 34%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for mixes and doughs exports from Greece, with a 37% share of total exports. Moreover, mixes and doughs exports to Germany exceeded the volume sent to the second major destination, the UK (X tons), threefold. Australia (X tons) ranked third in terms of total exports with a 7.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to +7.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+25.3% per year) and Australia (+37.9% per year).

In value terms, Germany ($X) remains the key foreign market for mixes and doughs exports from Greece, comprising 34% of total exports. The second position in the ranking was held by the UK ($X), with a 16% share of total exports. It was followed by Australia, with a 7.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany amounted to +7.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+23.9% per year) and Australia (+33.2% per year).

Export Prices by Country

In 2022, the average mixes and doughs export price amounted to $X per ton, with an increase of 2.5% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 10%. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Turkey ($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 United States (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.

Mixes And Doughs Imports

Imports into Greece

Mixes and doughs imports into Greece fell to X tons in 2022, which is down by -4.2% on 2021. The total import volume increased at an average annual rate of +2.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 36% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, mixes and doughs imports reduced slightly to $X in 2022. The total import value increased at an average annual rate of +4.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 50%. As a result, imports reached the peak of $X, and then declined in the following year.

Imports by Country

Germany (X tons), Italy (X tons) and France (X tons) were the main suppliers of mixes and doughs imports to Greece, together comprising 53% of total imports. Bulgaria, Belgium, the UK, Sweden, the Netherlands, Poland, Austria, Spain and the United States lagged somewhat behind, together comprising a further 41%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +50.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and France ($X) constituted the largest mixes and doughs suppliers to Greece, with a combined 51% share of total imports. Belgium, Bulgaria, the UK, Sweden, the Netherlands, the United States, Spain, Poland and Austria lagged somewhat behind, together accounting for a further 43%.

Among the main suppliers, Poland, with a CAGR of +44.3%, 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 mixes and doughs import price stood at $X per ton in 2022, remaining constant against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2021 an increase of 10%. The import price peaked in 2022 and is likely to see gradual growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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