Greece: Papaya Market 2024

Papaya Market Size in Greece

The Greek papaya market skyrocketed to $X in 2022, surging by 3,310% against the previous year. In general, consumption enjoyed a resilient expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Papaya Production in Greece

In value terms, papaya production surged to $X in 2022 estimated in export price. Overall, production recorded a buoyant increase. The most prominent rate of growth was recorded in 2014 when the production volume increased by 648%. Papaya production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

In 2022, the average yield of papayas in Greece stood at less than X kg per ha, remaining relatively unchanged against the previous year's figure. In general, the yield recorded a relatively flat trend pattern. 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 papayas production in Greece was estimated at less than X ha, stabilizing at 2021 figures. Overall, the harvested area showed a relatively flat trend pattern.

Papaya Exports

Exports from Greece

In 2022, after two years of growth, there was significant decline in shipments abroad of papayas, when their volume decreased by -52.8% to X tons. In general, exports, however, posted tangible growth. The pace of growth appeared the most rapid in 2020 when exports increased by 38,044%. Over the period under review, the exports attained the maximum at X tons in 2021, and then shrank remarkably in the following year.

In value terms, papaya exports dropped significantly to $X in 2022. Overall, exports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 7,067% against the previous year. The exports peaked at $X in 2021, and then contracted significantly in the following year.

Exports by Country

Romania (X tons) was the main destination for papaya exports from Greece, with a 85% share of total exports. Moreover, papaya exports to Romania exceeded the volume sent to the second major destination, Bulgaria (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Romania totaled +49.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bulgaria (-21.0% per year) and Germany (+113.2% per year).

In value terms, Romania ($X) remains the key foreign market for papayas exports from Greece, comprising 74% of total exports. The second position in the ranking was held by Germany ($X), with a 12% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Romania totaled +59.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+76.1% per year) and Bulgaria (-12.2% per year).

Export Prices by Country

In 2022, the average papaya export price amounted to $X per ton, growing by 9.4% against the previous year. Over the period under review, the export price posted a remarkable increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 170%. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Romania ($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 Bulgaria (+11.2%), while the prices for the other major destinations experienced mixed trend patterns.

Papaya Imports

Imports into Greece

Papaya imports into Greece reduced markedly to X tons in 2022, which is down by -19.9% against the year before. Overall, imports, however, recorded resilient growth. The growth pace was the most rapid in 2014 when imports increased by 94% against the previous year. Imports peaked at X tons in 2021, and then reduced dramatically in the following year.

In value terms, papaya imports declined to $X in 2022. In general, imports, however, showed a resilient expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 73% against the previous year. As a result, imports attained the peak of $X, and then shrank in the following year.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest supplier of papaya to Greece, accounting for a 84% share of total imports. Moreover, papaya imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Italy (X tons), more than tenfold. The third position in this ranking was held by Spain (X tons), with a 6.7% share.

From 2012 to 2022, the average annual growth rate of volume from the Netherlands totaled +16.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+7.3% per year) and Spain (+64.0% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of papayas to Greece, comprising 86% of total imports. The second position in the ranking was held by Italy ($X), with a 6.6% share of total imports. It was followed by Spain, with a 5.6% share.

From 2012 to 2022, the average annual growth rate of value from the Netherlands totaled +19.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+7.9% per year) and Spain (+47.3% per year).

Import Prices by Country

The average papaya import price stood at $X per ton in 2022, picking up by 6.5% against the previous year. Over the last decade, it increased at an average annual rate of +2.5%. The pace of growth appeared the most rapid in 2013 an increase of 25% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Netherlands ($X per ton) and Belgium ($X per ton), while the price for Spain ($X per ton) and Italy ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+18.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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