Greece: Pesticide Market 2024

Pesticide Market Size in Greece

The Greek pesticide market contracted to $X in 2022, waning by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Pesticide Production in Greece

In value terms, pesticide production totaled $X in 2022 estimated in export price. In general, production showed a strong expansion. The pace of growth was the most pronounced in 2014 when the production volume increased by X% against the previous year. Pesticide production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Pesticide Exports

Exports from Greece

In 2022, overseas shipments of pesticides increased by X% to X tons, rising for the seventh consecutive year after two years of decline. Overall, exports recorded a strong increase. The pace of growth appeared the most rapid in 2017 when exports increased by X%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, pesticide exports surged to $X in 2022. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Romania (X tons), Cyprus (X tons) and Bulgaria (X tons) were the main destinations of pesticide exports from Greece, with a combined X% share of total exports. France, Turkey, Italy, Egypt, Spain, Germany, Switzerland, Hungary, Belgium and Uganda lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for pesticide exported from Greece were Italy ($X), Turkey ($X) and Spain ($X), together accounting for X% of total exports. France, Romania, Bulgaria, Switzerland, Cyprus, Egypt, Uganda, Germany, Hungary and Belgium lagged somewhat behind, together comprising a further X%.

Belgium, with a CAGR of X%, recorded the highest growth rate of 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 pesticide export price stood at $X per ton in 2022, almost unchanged from the previous year. In general, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

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 Italy ($X per ton), while the average price for exports to Romania ($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 Switzerland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Pesticide Imports

Imports into Greece

After ten years of growth, supplies from abroad of pesticides decreased by X% to X tons in 2022. Overall, total imports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by X%. Imports peaked at X tons in 2021, and then shrank in the following year.

In value terms, pesticide imports declined to $X in 2022. In general, total imports indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. The growth pace was the most rapid in 2018 when imports increased by X%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

Italy (X tons), France (X tons) and Belgium (X tons) were the main suppliers of pesticide imports to Greece, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest pesticide suppliers to Greece were France ($X), Italy ($X) and Belgium ($X), together comprising X% of total imports. Spain, Germany, the Netherlands, China, Israel, Austria, the United States, the UK and Denmark lagged somewhat behind, together accounting for a further X%.

China, with a CAGR of X%, recorded the highest rates of growth with regard to 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 pesticide import price stood at $X per ton in 2022, rising by X% against the previous year. In general, the import price, however, recorded a slight contraction. The pace of growth was the most pronounced in 2018 when the average import price increased by X%. Over the period under review, average import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices stood 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 Austria ($X per ton), while the price for Italy ($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 (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :