Asparagus market in Greece

Earlier Report Observations

The volume of the fresh asparagus market in Greece fluctuated between 2018 and 2023, starting at 4 381 t in 2018 and reaching a peak of 4 945 t in 2021. This peak followed a notable contraction to 3 566 t in 2020. The market then moderated to around 4 100 t in the subsequent two years, with 2023 volume at 4 086 t indicating a period of stabilization.

In value terms, the market mirrored this volatility but with greater intensity. After declining from 2018 to 2020, the market's value surged to 25.2 million $ US in 2021, an increase of over two-thirds from the previous year. This was followed by a correction in 2022 and a partial recovery to 19.5 million $ US in 2023.

Recent market developments are shaped by broader consumer and logistical trends. A growing preference for fresh, healthy foods and plant-based diets has bolstered demand, while interest in organic produce and sustainable farming practices is expanding premium offerings. These trends are supported by investments in cold chain infrastructure, which helps address the product's perishability, and by the introduction of more convenient, pre-processed formats for consumers.

Production asparagus in Greece

In kind, 2017-2020, t

Greece was among the world's leading asparagus producers from 2017 to 2020, ranking 16th globally by production volume during this period.

Top producers of asparagus, 2017-2020

World map of production of asparagus, 2017-2020

Greece's asparagus production volume declined for the third consecutive year. In 2020, the country produced 8 340 tons of asparagus, representing a slight decrease of 0.7% compared to the previous year. Over the 2017-2020 period, production fell by 33.3%, with an average annual decline of 12.6%.

Annual dynamics of production in Greece in kind, 2017-2020, t

In value, 2017-2020, K $ US

After two years of decline, Greece's asparagus production value increased in 2020. The output was valued at 33 821 thousand US dollars, showing a strong year-over-year rise of 18.6%. However, over the 2017-2020 period, production value decreased by 22%, with an average annual decline of 7.9%. The lowest value was recorded in 2019 at 28 522 thousand US dollars, which also saw the largest decline of 26.9%.

Annual dynamics of production in Greece in value, 2017-2020, K $ US

Exports asparagus from Greece

Exports in kind, t

Greece exported 4 954 tons of asparagus in 2020, representing a 22.9% increase compared to the previous year. Over the 2017-2020 period, exports decreased by 3.5%, with an average annual decline of 1.2%. The lowest export volume was recorded in 2019 at 4 031 tons, while the highest was in 2018 at 5 343 tons. The largest decline occurred in 2019, falling by 24.6%.

Annual dynamics of product's exports from Greece in kind, 2017-2020, t

From 2017 to 2020, Germany dominated Greece's asparagus exports in volume terms, accounting for 87.5% of total flows, with the remaining share distributed among various smaller destinations.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Greece in kind, 2017-2020

Exports in value, K $ US

In 2020, Greece's asparagus exports amounted to 20 091 thousand US dollars, marking a sharp increase of 46.8% compared to 2019. Between 2017 and 2020, exports grew by 13%, equating to an average annual growth rate of 4.2%. The lowest value was recorded in 2019 at 13 685 thousand US dollars, while the highest was in 2018 at 21 956 thousand US dollars. The largest decline occurred in 2019, dropping by 37.7%.

Annual dynamics of product's exports from Greece in value, 2017-2020, K $ US

Throughout 2017-2020, Germany was Greece's key export partner in value terms, accounting for 90.5% of total export flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Greece in value, 2017-2020

Imports asparagus to Greece

Imports in kind, t

In 2020, Greece imported 180 tons of asparagus, marking a significant drop of 27.2% compared to 2019. Between 2017 and 2020, imports decreased by 51.8%, with an average annual decline of 21.6%. The largest decline occurred in 2018, falling by 37.6%, while the largest increase was recorded in 2019, rising by 6.1%.

Annual dynamics of product's imports to Greece in kind, 2017-2020, t

From 2017 to 2020, the Netherlands remained the dominant partner for Greece's asparagus imports in volume terms, with a share of 77.3% of total flows, while other markets formed a long tail.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Greece in kind, 2017-2020

Imports in value, K $ US

In 2020, Greece's asparagus imports reached 1 340 thousand US dollars, reflecting a moderate decrease of 7.0% year-over-year. Over the 2017-2020 period, imports increased by 19.6%, with an average annual growth rate of 6.1%. The lowest value was recorded in 2018 at 1 114 thousand US dollars, while the highest was in 2019 at 1 440 thousand US dollars. The largest increase occurred in 2019, rising by 29.3%.

Annual dynamics of product's imports to Greece in value, 2017-2020, K $ US

From 2017 to 2020, the structure of Greece's asparagus imports in value terms was characterized by the predominance of the Netherlands, which accounted for 76.1% of total flows, alongside a large number of minor partners.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Greece in value, 2017-2020