Greece: Sweet Biscuit Market 2024

Sweet Biscuit Market Size in Greece

In 2022, the Greek sweet biscuit market increased by X% to $X, rising for the seventh consecutive year after two years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Sweet biscuit consumption peaked in 2022 and is likely to continue growth in the near future.

Sweet Biscuit Production in Greece

In value terms, sweet biscuit production expanded rapidly to $X in 2022 estimated in export price. Over the period under review, the total production indicated strong 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, production increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. Sweet biscuit production peaked in 2022 and is likely to see steady growth in the near future.

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Sweet Biscuit Exports

Exports from Greece

In 2022, shipments abroad of sweet biscuits was finally on the rise to reach X tons after two years of decline. Overall, exports saw a prominent expansion. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, sweet biscuit exports expanded significantly to $X in 2022. Over the period under review, exports recorded a prominent increase. The growth pace was the most rapid in 2018 when exports increased by X%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Bulgaria (X tons) was the main destination for sweet biscuit exports from Greece, with a X% share of total exports. Moreover, sweet biscuit exports to Bulgaria exceeded the volume sent to the second major destination, Cyprus (X tons), twofold. The third position in this ranking was held by Saudi Arabia (X tons), with an X% share.

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

In value terms, Bulgaria ($X), Cyprus ($X) and Saudi Arabia ($X) constituted the largest markets for sweet biscuit exported from Greece worldwide, together comprising X% of total exports.

Among the main countries of destination, Saudi Arabia, with a CAGR of X%, recorded the highest rates of growth with regard to 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 sweet biscuit export price stood at $X per ton in 2022, declining by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Canada ($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 the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sweet Biscuit Imports

Imports into Greece

In 2022, the amount of sweet biscuits imported into Greece surged to X tons, jumping by X% against 2021. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, sweet biscuit imports skyrocketed to $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Spain (X tons), Germany (X tons) and the Czech Republic (X tons) were the main suppliers of sweet biscuit imports to Greece, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Germany ($X) and the Czech Republic ($X) were the largest sweet biscuit suppliers to Greece, with a combined X% share of total imports.

The Czech Republic, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of 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 sweet biscuit import price stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the import price, however, continues to indicate a slight contraction. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 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 France ($X per ton), while the price for Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2022, 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

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