Price for Insects; Live, Other than Bees in Greece - 2023
Contents:
- Price for Insects; Live, Other than Bees in Greece (FOB) - 2022
- Price for Insects; Live, Other than Bees in Greece (CIF) - 2022
- Exports of Insects; Live, Other than Bees in Greece
- Imports of Insects; Live, Other than Bees in Greece
Price for Insects; Live, Other than Bees in Greece (FOB) - 2022
The average export price for insects; live, other than beeses stood at less than $0.1 per thousand units in 2022, waning by -24.6% against the previous year. Overall, the export price showed a deep reduction. The pace of growth appeared the most rapid in 2021 an increase of 66% against the previous year. Over the period under review, the average export prices reached the peak figure at $0.2 per thousand units in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($0.2 per thousand units), while the average price for exports to Bulgaria (less than $0.1 per thousand units) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+20.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Insects; Live, Other than Bees in Greece (CIF) - 2022
The average import price for insects; live, other than beeses stood at less than $0.1 per thousand units in 2022, which is down by -14.7% against the previous year. Over the period under review, the import price, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2020 an increase of 1,520% against the previous year. Over the period under review, average import prices attained the peak figure at less than $0.1 per thousand units in 2021, and then fell in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($0.2 per thousand units), while the price for the Netherlands (less than $0.1 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+80.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Insects; Live, Other than Bees in Greece
In 2022, the amount of insects; live, other than beeses exported from Greece surged to 9B units, picking up by 20% on the year before. In general, exports posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 1,995% against the previous year. As a result, the exports attained the peak of 15B units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, insects; live, other than bees exports declined to $438K in 2022. Over the period under review, exports enjoyed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 3,012% against the previous year. As a result, the exports attained the peak of $583K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Insects; Live, Other than Bees in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | 183 | 285 | 280 | 23.7% |
| Romania | N/A | 78.0 | 83.5 | 60.9 | -11.6% |
| Bulgaria | N/A | 286 | 69.3 | 42.8 | -61.3% |
| Cyprus | N/A | 0.2 | 15.6 | 33.1 | 1186.5% |
| Serbia | 18.7 | 28.7 | 26.0 | 21.2 | 4.3% |
| Others | N/A | 6.8 | 3.7 | 0.1 | -87.9% |
| Total | 18.7 | 583 | 483 | 438 | 186.1% |
Top Export Markets for Insects; Live, Other than Bees from Greece in 2022:
- Romania (3.2B units)
- Bulgaria (2.5B units)
- Cyprus (1.7B units)
- Italy (1.3B units)
- Serbia (0.5B units)
Imports of Insects; Live, Other than Bees in Greece
For the third year in a row, Greece recorded decline in purchases abroad of insects; live, other than beeses, which decreased by -3% to 29B units in 2022. Over the period under review, imports showed a precipitous slump. Over the period under review, imports reached the maximum at 162B units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, insects; live, other than bees imports contracted markedly to $391K in 2022. Overall, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 256%. As a result, imports reached the peak of $477K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Insects; Live, Other than Bees in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 117 | 174 | 258 | 220 | 23.4% |
| Italy | N/A | 277 | 172 | 141 | -28.7% |
| United States | 1.1 | N/A | 19.0 | 15.6 | 142.1% |
| Netherlands | 8.0 | 23.3 | 6.3 | 4.5 | -17.5% |
| Others | 8.0 | 2.1 | 17.3 | 9.6 | 6.3% |
| Total | 134 | 477 | 472 | 391 | 42.9% |
Top Suppliers of Insects; Live, Other than Bees to Greece in 2022:
- Belgium (13.9B units)
- Italy (13.7B units)
- United States (0.7B units)
- Netherlands (0.4B units)
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