Greece: Skim Milk Market 2025

Skim Milk Market Size in Greece

The Greek skim milk market soared to $X in 2021, rising by 21% against the previous year. In general, consumption continues to indicate a mild expansion. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.

Skim Milk Production in Greece

In value terms, skim milk production soared to $X in 2021 estimated in export price. Over the period under review, production continues to indicate moderate growth. The growth pace was the most rapid in 2016 with an increase of 196%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Skim Milk Exports

Exports from Greece

In 2021, after two years of decline, there was significant growth in overseas shipments of skim milk, when their volume increased by 19% to X tons. In general, exports recorded resilient growth. The growth pace was the most rapid in 2015 when exports increased by 591% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, skim milk exports skyrocketed to $X in 2021. Overall, exports showed a strong increase. The growth pace was the most rapid in 2015 with an increase of 402% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Cyprus (X tons) was the main destination for skim milk exports from Greece, accounting for a 81% share of total exports. Moreover, skim milk exports to Cyprus exceeded the volume sent to the second major destination, Bulgaria (X tons), tenfold. The third position in this ranking was taken by Kosovo (X tons), with a 7.1% share.

From 2012 to 2021, the average annual growth rate of volume to Cyprus totaled +13.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bulgaria (-6.6% per year) and Kosovo (+538.0% per year).

In value terms, Cyprus ($X) remains the key foreign market for skim milk exports from Greece, comprising 69% of total exports. The second position in the ranking was taken by Kosovo ($X), with an 18% share of total exports. It was followed by Bulgaria, with a 7.2% share.

From 2012 to 2021, the average annual growth rate of value to Cyprus amounted to +13.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kosovo (+607.0% per year) and Bulgaria (-12.2% per year).

Export Prices by Country

The average skim milk export price stood at $X per ton in 2021, surging by 3.1% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 23%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Kosovo ($X per ton), while the average price for exports to Cyprus ($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 Kosovo (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.

Skim Milk Imports

Imports into Greece

In 2021, overseas purchases of skim milk decreased by -12.3% to X tons, falling for the eighth consecutive year after two years of growth. Over the period under review, imports recorded a sharp setback. The most prominent rate of growth was recorded in 2013 with an increase of 39% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, skim milk imports fell to $X in 2021. Overall, imports faced a precipitous contraction. The most prominent rate of growth was recorded in 2013 when imports increased by 42%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

The Czech Republic (X tons), Germany (X tons) and Cyprus (X tons) were the main suppliers of skim milk imports to Greece, together accounting for 72% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of +28.0%), while imports for the other leaders experienced a decline.

In value terms, the largest skim milk suppliers to Greece were Cyprus ($X), the Czech Republic ($X) and Germany ($X), with a combined 71% share of total imports.

The Czech Republic, with a CAGR of +26.5%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average skim milk import price stood at $X per ton in 2021, picking up by 2.1% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average import price increased by 34% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Cyprus ($X per ton), while the price for Hungary ($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 (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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