Greece: Peach And Nectarine Market 2025

Peach And Nectarine Market Size in Greece

The Greek peach and nectarine market rose to $X in 2021, growing by 3.7% against the previous year. Overall, consumption showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Peach And Nectarine Production in Greece

In value terms, peach and nectarine production shrank to $X in 2021 estimated in export price. Over the period under review, production, however, saw a noticeable decline. The most prominent rate of growth was recorded in 2018 with an increase of 96% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

The average yield of peaches and nectarines in Greece rose sharply to X tons per ha in 2021, increasing by 6.7% on the previous year. In general, the yield indicated a slight increase from 2012 to 2021: its figure increased at an average annual rate of +1.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, peach and nectarine yield decreased by -7.9% against 2018 indices. The growth pace was the most rapid in 2018 when the yield increased by 41%. As a result, the yield attained the peak level of X tons per ha. From 2019 to 2021, the growth of the average peach and nectarine yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, approx. X ha of peaches and nectarines were harvested in Greece; which is down by -4.4% compared with 2020 figures. Over the period under review, the harvested area continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the harvested area increased by 9.7%. As a result, the harvested area attained the peak level of X ha, and then fell modestly in the following year.

Peach And Nectarine Exports

Exports from Greece

In 2021, the amount of peaches and nectarines exported from Greece reduced dramatically to X tons, dropping by -61.7% on 2020 figures. Over the period under review, exports recorded a abrupt slump. The most prominent rate of growth was recorded in 2014 when exports increased by 48% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, peach and nectarine exports contracted sharply to $X in 2021. In general, exports recorded a deep slump. The pace of growth appeared the most rapid in 2020 when exports increased by 38%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Bulgaria (X tons), Romania (X tons) and Ukraine (X tons) were the main destinations of peach and nectarine exports from Greece, together accounting for 64% of total exports. These countries were followed by Poland, Germany, Egypt, Cyprus, Albania, North Macedonia, Moldova and Turkey, which together accounted for a further 23%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Egypt (with a CAGR of +18.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for peach and nectarine exported from Greece were Romania ($X), Bulgaria ($X) and Ukraine ($X), with a combined 55% share of total exports. These countries were followed by Poland, Germany, Cyprus, Egypt, North Macedonia, Albania, Moldova and Turkey, which together accounted for a further 28%.

Among the main countries of destination, Egypt, with a CAGR of +15.5%, recorded the highest growth rate of the value of exports, 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 peach and nectarine export price amounted to $X per ton, surging by 25% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 40% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Cyprus ($X per ton), while the average price for exports to Albania ($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 Romania (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.

Peach And Nectarine Imports

Imports into Greece

In 2021, supplies from abroad of peaches and nectarines increased by 85% to X tons, rising for the third consecutive year after three years of decline. In general, imports saw a resilient increase. The pace of growth appeared the most rapid in 2014 with an increase of 112%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, peach and nectarine imports soared to $X in 2021. Over the period under review, imports posted strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Bulgaria (X tons), Spain (X tons) and Germany (X tons) were the main suppliers of peach and nectarine imports to Greece, with a combined 82% share of total imports. These countries were followed by Italy, the Netherlands, Turkey and Romania, which together accounted for a further 16%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +37.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X) constituted the largest supplier of peach and nectarine to Greece, comprising 45% of total imports. The second position in the ranking was taken by Germany ($X), with an 18% share of total imports. It was followed by Bulgaria, with a 17% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain amounted to +23.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+12.6% per year) and Bulgaria (+23.0% per year).

Import Prices by Country

The average peach and nectarine import price stood at $X per ton in 2021, dropping by -5.5% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 69% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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