Dried shelled legumes market in Greece

Earlier Report Observations

The market for dried shelled legumes in Greece experienced notable fluctuations between 2018 and 2021. Consumption dipped to 356.0 тыс. т in 2019 but then recovered, growing to 376.0 тыс. т in 2020 and surging by over 10% to a peak of 416.5 тыс. т in 2021.

Following this high, the market volume began to contract, falling to 403.1 тыс. т in 2022 and then dropping sharply by approximately 18% to 329.0 тыс. т in 2023. In value terms, the market mirrored this trajectory, reaching $652.4 million in 2021 before declining to $533.0 million in 2023.

Production dried shelled legumes in Greece

In kind, 2017-2020, K t

Top producers of dried shelled legumes, 2017-2020

World map of production of dried shelled legumes, 2017-2020

In 2020, Greece produced 342.8 thousand tons of dried shelled legumes, marking a modest 4.3% increase from the previous year. Looking at the period from 2017 to 2020, production grew by 25.9%, which translates to an annualized growth rate of 8.0%. The largest decline occurred in 2019, with a drop of 4.6%, while the peak production was recorded in 2018 at 344.4 thousand tons, representing the largest increase of 26.5% during this timeframe.

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

In value, 2017-2020, M $ US

In 2020, the output of dried shelled legumes in Greece was valued at 508.3 million US dollars, showing a 10.4% increase compared to 2019. Over the 2017-2020 period, production value rose by 29.3%, equating to an annualized growth rate of 8.9%. The largest decline was observed in 2019, with a decrease of 6.4%, while the largest increase occurred in 2018, at 25.2%.

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

Exports dried shelled legumes from Greece

Exports in kind, t

Dried shelled legumes exports from Greece increased for the second consecutive year in 2020, reaching 4 092 tons, which represents a robust gain of 21.5% compared to the previous year. However, over the 2017-2020 period, exports decreased by 31.3%, with a compound annual growth rate (CAGR) of -11.8%. The lowest export volume was recorded in 2018 at 3 293 tons, marking the largest decline of 44.7% during this timeframe.

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

From 2017 to 2020, the primary buyers of dried shelled legumes from Greece were Bulgaria, accounting for 28.6% of exports in kind, Cyprus with 22.7%, and Romania at 15.6%. Together, these three countries represented 66.8% of total exports in kind.

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

Cross-border shipments of dried shelled legumes from Greece increased for the second consecutive year in 2020, with exports totaling 6 067 thousand US dollars, a 28.6% rise year-over-year. Over the 2017-2020 period, exports decreased by 29.4%, with a compound annual growth rate (CAGR) of -11.0%. The lowest value was recorded in 2018 at 4 707 thousand US dollars, which also saw the largest decline of 45.2%.

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

Throughout 2017-2020, Cyprus was the leading destination for dried shelled legumes exports from Greece in value terms, accounting for 24.9% of total exports. Bulgaria followed with 15.8%, and Romania with 15.7%. Collectively, these three countries formed the core of exports, representing 56.4% of total 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 dried shelled legumes to Greece

Imports in kind, t

After a two-year reduction, the volume of dried shelled legumes imports into Greece increased in 2020, reaching 37 342 tons, which is a 21.9% uptick from the previous year. Over the 2017-2020 period, imports grew by 8.9%, with a compound annual growth rate (CAGR) of 2.9%. The lowest import volume was recorded in 2019 at 30 623 tons, while the largest decline occurred in 2018, with a decrease of 9.6%.

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

From 2017 to 2020, Canada was the dominant source for dried shelled legumes imports into Greece, accounting for 48.9% of imports in kind. The United States followed with 12.8%, and Mexico with 8.9%. Together, these three countries represented 70.6% of total import flows.

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

After a two-year decline, dried shelled legumes deliveries to Greece increased in 2020, with imports totaling 40 292 thousand US dollars, indicating a 33.1% advance compared to the previous year. Over the 2017-2020 period, imports increased by 4.8%, with a compound annual growth rate (CAGR) of 1.6%. The lowest value was recorded in 2019 at 30 271 thousand US dollars, while the largest decline occurred in 2018, with a drop of 15.3%.

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

In 2017-2020, Canada led the structure of dried shelled legumes imports into Greece in value terms, accounting for 38.4% of total imports. China followed with 16.3%, and Mexico with 11.3%. Together, these three countries accounted for 66.0% of total imports in value terms, remaining the main sources for Greece.

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

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