Greece: Chili And Pepper Market 2024

Chili And Pepper Market Size in Greece

The Greek chili and pepper market contracted modestly to $X in 2023, which is down by X% against the previous year. Over the period under review, consumption, however, saw a prominent increase. Chili and pepper consumption peaked at $X in 2020; however, from 2021 to 2023, consumption failed to regain momentum.

Chili And Pepper Production in Greece

In value terms, chili and pepper production fell to $X in 2023 estimated in export price. Overall, production posted a pronounced expansion. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. Chili and pepper production peaked at $X in 2020; however, from 2021 to 2023, production stood at a somewhat lower figure.

The average yield of chilies and peppers (green) in Greece shrank to X tons per ha in 2023, waning by X% compared with the previous year's figure. In general, the yield, however, posted a strong increase. The pace of growth was the most pronounced in 2016 with an increase of X%. The chili and pepper yield peaked at X tons per ha in 2020; however, from 2021 to 2023, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, the total area harvested in terms of chilies and peppers (green) production in Greece rose notably to X ha, increasing by X% compared with 2022 figures. Over the period under review, the harvested area, however, continues to indicate a pronounced shrinkage. The growth pace was the most rapid in 2016 with an increase of X%. The chili and pepper harvested area peaked at X ha in 2012; however, from 2013 to 2023, the harvested area remained at a lower figure.

Chili And Pepper Exports

Exports from Greece

In 2023, approx. X tons of chilies and peppers (green) were exported from Greece; rising by X% compared with the year before. Overall, exports, however, saw a relatively flat trend pattern. 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 attained the maximum at X tons in 2013; however, from 2014 to 2023, the exports remained at a lower figure.

In value terms, chili and pepper exports surged to $X in 2023. The total export value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Bulgaria (X tons) was the main destination for chili and pepper exports from Greece, accounting for a X% share of total exports. Moreover, chili and pepper exports to Bulgaria exceeded the volume sent to the second major destination, Germany (X tons), twofold. The third position in this ranking was taken by Austria (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Bulgaria stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Austria (X% per year).

In value terms, the largest markets for chili and pepper exported from Greece were Austria ($X), Germany ($X) and Slovakia ($X), with a combined X% share of total exports. Serbia, the Czech Republic, Romania and Bulgaria lagged somewhat behind, together comprising a further X%.

Romania, with a CAGR of X%, recorded the highest growth rate of 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 2023, the average chili and pepper export price amounted to $X per ton, growing by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: 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 2023, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Chili And Pepper Imports

Imports into Greece

Chili and pepper imports into Greece dropped to X tons in 2023, shrinking by X% compared with the year before. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2021 to 2023, the growth of imports remained at a lower figure.

In value terms, chili and pepper imports soared to $X in 2023. Overall, total imports indicated notable growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2021 indices. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Imports peaked in 2023 and are expected to retain growth in the near future.

Imports by Country

The Netherlands (X tons), Turkey (X tons) and North Macedonia (X tons) were the main suppliers of chili and pepper imports to Greece, together comprising X% of total imports. Israel, Jordan, Spain, Bulgaria and Italy lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Jordan (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) constituted the largest supplier of chilies and peppers (green) to Greece, comprising X% of total imports. The second position in the ranking was held by Israel ($X), with a X% share of total imports. It was followed by Turkey, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from the Netherlands stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Israel (X% per year) and Turkey (X% per year).

Import Prices by Country

In 2023, the average chili and pepper import price amounted to $X per ton, picking up by X% against the previous year. Overall, import price indicated a tangible expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2019 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2020 to 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for North Macedonia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Bulgaria (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform