Food preparations for infants market in Greece

Earlier Report Observations

The Greek market for infant food preparations opened the period at 13 724 tons in 2018, a year characterized by consolidation as the company GIOTIS expanded its presence through acquisitions and by a growing industry focus on functional foods designed to meet specific nutritional needs. Market volume then fell to 12 133 tons in 2019 before stabilizing at around 12 120 tons in 2020.

By 2024, the market environment was being shaped by stricter EU food safety and labeling regulations, including mandatory disclosures for additives and warnings for children, alongside a clear shift in Greek consumer preferences toward organic and gluten-free infant food products.

Production food preparations for infants in Greece

In value, 2017-2020, K $ US

In Greece, the production value of infant food preparations reached 9 529 thousand US dollars in 2020, marking a 5.9% increase from the previous year. Over the period from 2017 to 2020, production grew by 6.2%, which translates to an average annual growth rate of 2.0%. The highest value was recorded in 2018 at 9 702 thousand US dollars, while the largest decline occurred in 2019 with a 7.3% drop. The most significant increase was observed in 2018, with an 8.1% rise.

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

In kind, 2017-2020, t

Globally, Greece ranked as the 14th largest producer of infant food preparations from 2017 to 2020.

Top producers of food preparations for infants, 2017-2020

World map of production of food preparations for infants, 2017-2020

In 2020, Greece produced 1 164 tonnes of infant food preparations, representing a 4.3% increase compared to the previous year. From 2017 to 2020, production expanded by 12.4%, averaging an annual growth rate of 4.0%. The largest decline was recorded in 2019 at 0.0%, while the most substantial increase occurred in 2018 with a 7.8% rise.

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

Exports food preparations for infants from Greece

Exports in kind, t

Following a two-year decline, Greece's exports of infant food preparations in volume terms rebounded. In 2020, exports totaled 1 357 tonnes, a significant 58.4% increase from the previous year. Over the 2017-2020 period, exports grew by 13.8%, corresponding to an average annual rate of 4.4%. The lowest volume was recorded in 2019 at 857 tonnes, and the largest decline occurred in 2018 with a 16.3% drop.

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

From 2017 to 2020, the primary markets for Greece's infant food preparations exports in volume terms were Cyprus, accounting for 67.3% of exports, Albania with 10.7%, and the Netherlands at 9.7%. Together, these three countries represented 87.8% of total export flows.

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

After a two-year decrease, Greece's exports of infant food preparations in value terms showed recovery. In 2020, exports amounted to 11 951 thousand US dollars, reflecting a strong 22.3% increase compared to 2019. However, over the 2017-2020 period, exports declined by 4.3%, with a compound annual growth rate of -1.4%. The lowest value was recorded in 2019 at 9 768 thousand US dollars, which also saw the largest decline of 15.0%.

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

During 2017-2020, the export structure in value terms was dominated by Cyprus, which absorbed 83.2% of total flows, alongside numerous smaller trading partners.

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

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

Imports food preparations for infants to Greece

Imports in kind, t

In 2020, Greece's imports of infant food preparations in volume terms stood at 12 313 tonnes, a 3.7% increase from 2019. From 2017 to 2020, imports decreased by 4.9%, averaging an annual decline of 1.7%. The lowest volume was recorded in 2019 at 11 873 tonnes, while the highest was in 2018 at 13 606 tonnes. The largest decline occurred in 2019 with a 12.7% drop, and the most significant increase was in 2018 with a 5.0% rise.

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

From 2017 to 2020, the Netherlands, Spain, and France were the three main sources for Greece's imports of infant food preparations in volume terms, collectively accounting for 86.9% of total imports.

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 imports of infant food preparations in value terms reached 51 871 thousand US dollars, up 6.9% from the previous year. Over the 2017-2020 period, imports increased by 4.7%, with a compound annual growth rate of 1.5%. The lowest value was recorded in 2019 at 48 509 thousand US dollars, while the highest was in 2018 at 54 849 thousand US dollars. The largest decline occurred in 2019 with an 11.6% drop, and the most significant increase was in 2018 with a 10.7% rise.

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

Between 2017 and 2020, the leading suppliers of infant food preparations to Greece in value terms were the Netherlands, with a 55.0% share, France at 15.1%, and Germany with 9.0%. Together, these three countries accounted for 79.1% of total import value.

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

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