Greece: Vegetable Market 2024

Vegetable Market Size in Greece

The Greek vegetable market was estimated at $X in 2022, remaining stable against the previous year. Over the period under review, consumption, however, continues to indicate a noticeable curtailment. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Vegetable Production in Greece

In value terms, vegetable production reached $X in 2022 estimated in export price. Over the period under review, production, however, showed a deep setback. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

The average yield of vegetables in Greece shrank to X tons per ha in 2022, declining by X% on 2021 figures. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the average vegetable yield attained the peak level at X tons per ha in 2021, and then declined in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of vegetables were harvested in Greece; surging by X% against the previous year. In general, the harvested area, however, recorded a abrupt shrinkage. Over the period under review, the harvested area dedicated to vegetable production reached the maximum at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

Vegetable Exports

Exports from Greece

In 2022, exports of vegetables from Greece fell to X tons, with a decrease of X% compared with the previous year's figure. In general, total exports indicated temperate 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 most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2021, and then declined in the following year.

In value terms, vegetable exports reduced to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then shrank in the following year.

Exports by Country

Bulgaria (X tons) was the main destination for vegetable exports from Greece, accounting for a X% share of total exports. Moreover, vegetable exports to Bulgaria exceeded the volume sent to the second major destination, Romania (X tons), threefold. Germany (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Bulgaria totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (X% per year) and Germany (X% per year).

In value terms, the largest markets for vegetable exported from Greece were Germany ($X), Bulgaria ($X) and Romania ($X), with a combined X% share of total exports. Poland, Cyprus, Austria, Serbia, the UK, the Czech Republic, Albania, North Macedonia, Kosovo and Ukraine lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Ukraine, with a CAGR of X%, 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

The average vegetable export price stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the export price, however, showed a slight setback. The pace of growth was the most pronounced in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat 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 Austria ($X per ton), while the average price for exports to Bulgaria ($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 Kosovo (X%), while the prices for the other major destinations experienced more modest paces of growth.

Vegetable Imports

Imports into Greece

In 2022, overseas purchases of vegetables increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, total imports indicated tangible 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 pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, vegetable imports skyrocketed to $X in 2022. Over the period under review, total imports indicated notable growth 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 increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Egypt (X tons) constituted the largest supplier of vegetable to Greece, with a X% share of total imports. Moreover, vegetable imports from Egypt exceeded the figures recorded by the second-largest supplier, France (X tons), twofold. Cyprus (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Egypt stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Cyprus (X% per year).

In value terms, the largest vegetable suppliers to Greece were Egypt ($X), Poland ($X) and the Netherlands ($X), with a combined X% share of total imports.

Egypt, with a CAGR of X%, recorded 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 more modest paces of growth.

Import Prices by Country

The average vegetable import price stood at $X per ton in 2022, standing approx. at the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 Poland ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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