Greece: Market for Processed cheese (excluding grated or powdered) 2021

Market Size for Processed cheese (excluding grated or powdered) in Greece

In 2020, the Greek market for processed cheese (excluding grated or powdered) decreased by -X% to $X, falling for the second consecutive year after three years of growth. Overall, consumption, however, showed a pronounced contraction. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Consumption peaked at $X in 2008; however, from 2009 to 2020, consumption stood at a somewhat lower figure.

Production of Processed cheese (excluding grated or powdered) in Greece

In value terms, production of processed cheese (excluding grated or powdered) declined to $X in 2020 estimated in export prices. In general, production saw a noticeable reduction. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. Production peaked at $X in 2012; however, from 2013 to 2020, production remained at a lower figure.

Exports of Processed cheese (excluding grated or powdered)

Exports from Greece

In 2020, exports of processed cheese (excluding grated or powdered) from Greece surged to X tons, growing by X% on the previous year's figure. Overall, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when exports increased by X% year-to-year. Exports peaked at X tons in 2015; however, from 2016 to 2020, exports failed to regain the momentum.

In value terms, exports of processed cheese (excluding grated or powdered) surged to $X in 2020. Over the period under review, exports posted a mild expansion. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at $X in 2015; however, from 2016 to 2020, exports failed to regain the momentum.

Exports by Country

The UK (X tons), Cyprus (X tons) and Romania (X tons) were the main destinations of exports of processed cheese (excluding grated or powdered) from Greece, together accounting for X% of total exports. Bulgaria, Germany, the Netherlands and the Czech Republic lagged somewhat behind, together comprising a further X 2007 to 2020, the biggest increases were in the Netherlands (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), Cyprus ($X) and Romania ($X) constituted the largest markets for processed cheese (excluding grated or powdered) exported from Greece worldwide, with a combined X% share of total exports. These countries were followed by Germany, Bulgaria, the Czech Republic and the Netherlands, which together accounted for a further X Netherlands (+X% per year) saw the highest rates of growth with regard to 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

In 2020, the average export price for processed cheese (excluding grated or powdered) amounted to $X per ton, rising by X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 an increase of X% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to Romania ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the UK, while the prices for the other major destinations experienced a decline.

Imports of Processed cheese (excluding grated or powdered)

Imports into Greece

In 2020, the amount of processed cheese (excluding grated or powdered) imported into Greece expanded significantly to X tons, increasing by X% compared with the previous year. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 when imports increased by X% year-to-year. As a result, imports attained the peak of X tons. From 2009 to 2020, the growth of imports failed to regain the momentum.

In value terms, imports of processed cheese (excluding grated or powdered) fell to $X in 2020. Over the period under review, imports, however, recorded a pronounced slump. The most prominent rate of growth was recorded in 2014 when imports increased by X% y-o-y. Over the period under review, imports reached the peak figure at $X in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

Imports by Country

France (X tons), Germany (X tons) and Austria (X tons) were the main suppliers of imports of processed cheese (excluding grated or powdered) to Greece, together accounting for X% of total imports. Luxembourg lagged somewhat behind, comprising a further X 2007 to 2020, the biggest increases were in Luxembourg, while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X) constituted the largest supplier of processed cheese (excluding grated or powdered) to Greece, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports. It was followed by Austria, with a X% share.

From 2007 to 2020, the average annual growth rate of value from France was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and Austria (+X% per year).

Import Prices by Country

In 2020, the average import price for processed cheese (excluding grated or powdered) amounted to $X per ton, with a decrease of -X% against the previous year. Overall, the import price showed a mild downturn. The most prominent rate of growth was recorded in 2009 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was France ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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