Report Update Feb 1, 2025

Greece - Peanut Butter and Prepared or Preserved Groundnuts - Market Analysis, Forecast, Size, Trends and Insights

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Greece: Peanut Butter Market 2025

Peanut Butter Market Size in Greece

The Greek peanut butter market declined markedly to $X in 2022, reducing by -22.6% against the previous year. Over the period under review, consumption, however, posted resilient growth. Over the period under review, the market hit record highs at $X in 2021, and then reduced sharply in the following year.

Peanut Butter Production in Greece

In value terms, peanut butter production fell to $X in 2022 estimated in export price. Overall, production, however, continues to indicate prominent growth. The growth pace was the most rapid in 2018 with an increase of 98%. Over the period under review, production hit record highs at $X in 2021, and then contracted in the following year.

Peanut Butter Exports

Exports from Greece

In 2022, the amount of peanut butter and prepared or preserved groundnuts exported from Greece soared to X tons, picking up by 20% compared with 2021. Overall, exports posted strong growth. The most prominent rate of growth was recorded in 2017 with an increase of 40% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, peanut butter exports soared to $X in 2022. Over the period under review, exports saw a remarkable increase. The pace of growth was the most pronounced in 2017 when exports increased by 47% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Germany (X tons), Albania (X tons) and Poland (X tons) were the main destinations of peanut butter exports from Greece, with a combined 47% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +103.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for peanut butter exported from Greece were Germany ($X), Hong Kong SAR ($X) and Poland ($X), with a combined 46% share of total exports.

Germany, with a CAGR of +107.8%, saw the highest rates of growth with regard to the value of exports, in terms of 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 2022, the average peanut butter export price amounted to $X per ton, increasing by 6.8% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 14%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Romania ($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 Hong Kong SAR (+15.0%), while the prices for the other major destinations experienced more modest paces of growth.

Peanut Butter Imports

Imports into Greece

In 2022, the amount of peanut butter and prepared or preserved groundnuts imported into Greece contracted slightly to X tons, reducing by -1.9% compared with the year before. In general, imports recorded a mild shrinkage. The growth pace was the most rapid in 2016 when imports increased by 30%. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, peanut butter imports shrank to $X in 2022. Overall, imports recorded a perceptible slump. The growth pace was the most rapid in 2016 when imports increased by 48% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The Netherlands (X tons), Germany (X tons) and Poland (X tons) were the main suppliers of peanut butter imports to Greece, with a combined 93% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +50.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and Poland ($X) were the largest peanut butter suppliers to Greece, together accounting for 89% of total imports.

Poland, with a CAGR of +46.4%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average peanut butter import price stood at $X per ton in 2022, declining by -3.6% against the previous year. Overall, the import price saw a slight setback. The most prominent rate of growth was recorded in 2016 an increase of 14%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, 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 the UK ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for peanut butter and prepared or preserved groundnuts in the world?

China constituted the country with the largest volume of peanut butter consumption, comprising approx. 17% of total volume. Moreover, peanut butter consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The third position in this ranking was occupied by the United States, with a 4.8% share.

What are the largest producers of peanut butter and prepared or preserved groundnuts in the world?

The country with the largest volume of peanut butter production was China, comprising approx. 22% of total volume. Moreover, peanut butter production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by the United States, with a 5.4% share.

What are the leading suppliers of peanut butter and prepared or preserved groundnuts to Greece?

In value terms, the largest peanut butter suppliers to Greece were Germany, the Netherlands and Poland, together comprising 89% of total imports.

What are the leading importers of peanut butter and prepared or preserved groundnuts from Greece?

In value terms, Poland, Albania and Germany constituted the largest markets for peanut butter exported from Greece worldwide, together comprising 50% of total exports. These countries were followed by Cyprus, the UK, the Netherlands, Norway, North Macedonia, Cabo Verde, Kosovo, Ireland and Romania, which together accounted for a further 39%.

What is the average export price for peanut butter and prepared or preserved groundnuts in Greece?

The average peanut butter export price stood at $3,652 per ton in 2021, standing approx. at the previous year.

What is the average import price for peanut butter and prepared or preserved groundnuts in Greece?

The average peanut butter import price stood at $2,693 per ton in 2021, increasing by 7% against the previous year.

This report provides an in-depth analysis of the peanut butter market in Greece. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 10392330 - Prepared or preserved groundnuts (including peanut butter, e xcluding by vinegar or acetic acid, frozen, purees and pastes)

Country coverage:

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Greece
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024