Greece - Chilies And Peppers (Green) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 26, 2024

Greece - Chilies And Peppers (Green) - Market Analysis, Forecast, Size, Trends and Insights

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Chili and Pepper Price in Greece - 2023

Contents:

  1. Chili and Pepper Price in Greece (FOB) - 2023
  2. Chili and Pepper Price in Greece (CIF) - 2023
  3. Chili and Pepper Exports in Greece
  4. Chili and Pepper Imports in Greece

Chili and Pepper Price in Greece (FOB) - 2023

In June 2023, the average chili and pepper export price amounted to $1,671 per ton, waning by -18.7% against the previous month. Over the period under review, the export price, however, recorded measured growth. The pace of growth was the most pronounced in October 2022 an increase of 115% m-o-m. The export price peaked at $2,814 per ton in February 2023; however, from March 2023 to June 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was Austria ($2,897 per ton), while the average price for exports to Bulgaria ($448 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.

Chili and Pepper Price in Greece (CIF) - 2023

In June 2023, the average chili and pepper import price amounted to $1,945 per ton, declining by -24.1% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 when the average import price increased by 35% month-to-month. Over the period under review, average import prices reached the maximum at $2,563 per ton in May 2023, and then declined significantly in the following month.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the Netherlands ($2,254 per ton), while the price for North Macedonia ($582 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Israel (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Chili and Pepper Exports in Greece

In 2022, shipments abroad of chilies and peppers (green) decreased by -14% to 16K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports recorded a mild reduction. The pace of growth appeared the most rapid in 2020 with an increase of 8.8% against the previous year.

In value terms, chili and pepper exports contracted notably to $26M in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 22%.

Export of Chili and Pepper in Greece (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany6.46.97.66.82.0%
Austria6.07.78.65.9-0.6%
Serbia1.61.62.22.312.9%
Slovakia3.03.54.62.1-11.2%
Bulgaria1.31.41.51.913.5%
Czech Republic3.03.43.11.7-17.2%
Romania0.60.61.11.638.7%
North Macedonia0.40.20.10.1-37.0%
Others3.66.34.83.92.7%
Total25.931.633.626.30.5%

Top Export Markets for Chili and Pepper from Greece in 2022:

  1. Bulgaria (4.7K tons)
  2. Germany (3.0K tons)
  3. Austria (2.1K tons)
  4. Romania (1.3K tons)
  5. Czech Republic (1.1K tons)
  6. Serbia (1.1K tons)
  7. Slovakia (1.1K tons)
  8. North Macedonia (0.1K tons)

Chili and Pepper Imports in Greece

In 2022, chili and pepper imports into Greece rose rapidly to 6.9K tons, surging by 14% compared with 2021. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +15.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -6.0% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 65% against the previous year. As a result, imports attained the peak of 7.3K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, chili and pepper imports expanded remarkably to $9.9M in 2022. The total import value increased at an average annual rate of +2.1% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 16%. As a result, imports attained the peak of $11M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Chili and Pepper in Greece (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands3.73.94.14.56.7%
Turkey0.50.70.61.544.2%
Spain0.81.01.61.523.3%
Israel2.13.61.10.7-30.7%
North Macedonia0.40.60.40.614.5%
Bulgaria0.10.20.20.344.2%
Germany1.00.30.20.2-41.5%
Others0.50.41.00.50.0%
Total9.210.79.29.92.5%

Top Suppliers of Chili and Pepper to Greece in 2022:

  1. Netherlands (2366.9 tons)
  2. Turkey (1575.3 tons)
  3. North Macedonia (1046.4 tons)
  4. Spain (904.9 tons)
  5. Israel (390.5 tons)
  6. Bulgaria (224.1 tons)
  7. Germany (53.8 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the chili and pepper market in Greece. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 401 - Chillies and peppers (green)

Country coverage:

  • Greece

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Greece
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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