Fresh or chilled pork market in Greece

Earlier Report Observations

From 2018 to 2020, the Greek fresh pork market saw significant shifts. Market volume began at 233 thousand t in 2018, supported by stable consumer preferences for pork and an expanded import sector. In 2019, volume edged down to 230 thousand t, yet the market value increased to 709 million US dollars, pointing to rising prices. The year 2020 brought a sharp contraction to 203 thousand t in volume and 607 million US dollars in value, driven by a 4% decline in domestic pork production during the widespread sanitary crisis that disrupted supply chains.

After 2020, pork imports rebounded, reaching 165 thousand t in 2021 and climbing to 178 thousand t by 2024. Import value rose substantially from 420 million US dollars in 2021 to 657 million US dollars in 2024, fueled by inflationary pressures and higher costs. Domestic meat consumption recovered from the crisis by 2022, although pork production remained subdued. By 2024, pork imports grew further, with nearly half sourced from the Netherlands, as global market prospects improved amid lower feed costs and resilient demand.

Production fresh or chilled pork in Greece

In value, 2017-2020, M $ US

Greece's fresh or chilled pork production value declined for the second year in a row. In 2020, output was valued at 193.4 million US dollars, marking a modest year-on-year decrease of 8.9%. The peak value occurred in 2018 at 212.6 million US dollars, which also saw the largest annual increase of 10.0%.

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

In kind, 2017-2020, t

Following two years of growth, Greece's fresh or chilled pork production volume turned downward. In 2020, output totaled 54 325 tonnes, representing a 10.6% decline from the previous year. Over the 2017-2020 period, production fell by 2.7%, with a compound annual growth rate of 0.9%. The highest volume was recorded in 2019 at 60 748 tonnes, while the largest annual increase of 8.0% occurred in 2018.

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

Exports fresh or chilled pork from Greece

Exports in kind, K t

Greece's fresh or chilled pork exports reached 3.0 thousand tonnes in 2020, showing a significant 22.0% increase from the previous year. Between 2017 and 2020, exports grew by 32.9%, equivalent to an annualized rate of 9.9%. The peak volume was 3.6 thousand tonnes in 2018, which also saw the largest annual surge of 60.2%. The most substantial decline occurred in 2019 with a 32.0% drop.

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

From 2017 to 2020, Bulgaria and Cyprus were the dominant destinations for Greece's fresh or chilled pork exports in volume terms, together accounting for 80.9% of total flows, with the remainder going to other markets.

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, M $ US

Greece exported 7.0 million US dollars worth of fresh or chilled pork in 2020, representing a 38.1% increase over the previous year. Over the 2017-2020 period, export value grew by 53.3%, with a compound annual growth rate of 15.3%. The largest decline occurred in 2019 with a 13.5% decrease.

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

Between 2017 and 2020, Bulgaria (38.0% of export value), Cyprus (28.7%), and Germany (16.3%) were the principal buyers of Greek fresh or chilled pork, together accounting for 83.0% of total export value.

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

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

Imports fresh or chilled pork to Greece

Imports in kind, K t

Greece's fresh or chilled pork imports declined for the third consecutive year. In 2020, imports registered 151.4 thousand tonnes, indicating a strong 11.7% year-on-year decrease. Between 2017 and 2020, imports fell by 15.7%, equivalent to an annualized decline of 5.5%.

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

From 2017 to 2020, the Netherlands (51.1% of import volume), Germany (20.3%), and France (12.1%) continued to be the main suppliers of fresh or chilled pork to Greece, together forming 83.5% of total import volume.

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, M $ US

Greece imported approximately 420.8 million US dollars worth of fresh or chilled pork in 2020, reflecting a 16.2% reduction compared to 2019. Between 2017 and 2020, import value decreased by 11.6%, equating to an annualized decline of 4.0%. The peak value was recorded in 2019 at 501.9 million US dollars, which also saw the largest annual increase of 10.2%.

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

Throughout 2017-2020, the Netherlands (48.7% of import value), Germany (24.6%), and France (9.6%) formed the core group of suppliers for Greece's fresh or chilled pork imports in value terms, together representing 82.9% of total flows.

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

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