Insecticides and disease control agents market in Greece

Earlier Report Observations

The market volume for insecticides and disease control agents in Greece grew from 8878 t in 2018 to 9544 t in 2019, driven by increased consumer health concerns at the onset of the COVID-19 pandemic and a warming climate that favored insect proliferation. In 2020, volume declined to 9175 t as pandemic-induced economic uncertainty shifted demand toward lower-priced options, while higher product prices led to market value growth despite the drop in physical sales.

Market volume fell further to 8528 t in 2021, a period that saw regulatory approvals for new insecticides in olive cultivation and launches of safety-focused products by companies like Eureka Greece. Concurrently, the industry accelerated investment in biotechnologies in response to European bans on chemical agents. A strong rebound to 10558 t occurred in 2022, supported by expectations of favorable weather, sustained R&D for natural formulations, and ongoing consumer worries about insect-borne diseases.

Production insecticides and disease control agents in Greece

In value, 2017-2020, K $ US

In 2020, Greece's production of insecticides and disease control agents was valued at 44 736 thousand US dollars, marking a moderate increase of 6.4% compared to 2019. Over the period from 2017 to 2020, production grew by 25.6%, with an average annual growth rate of 7.9%. The largest decline occurred in 2019, at 3.2%, while the most significant increase was recorded in 2018, at 21.9%.

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

In kind, 2017-2020, t

The market exhibited volatility during the observed period. From 2017 to 2019, production fluctuated with a peak-to-trough amplitude of 1.8 times. In 2020, Greece produced 3 405 tonnes of insecticides and disease control agents, down by 8.6% from the previous year. The highest production level was recorded in 2019 at 3 725 tonnes, with the largest increase occurring in 2018 at 70.9%.

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

Exports insecticides and disease control agents from Greece

Exports in kind, t

Greece's exports of insecticides and disease control agents increased for the third consecutive year. In 2020, exports reached 3 329 tonnes, up by 4.1% compared to 2019. Between 2017 and 2020, exports grew by 40.3%, equating to an annualized growth rate of 12.0%.

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

From 2017 to 2020, the main markets for Greece's exports in kind were Romania, accounting for 22.2% of exports, Cyprus with 20.9%, and France at 7.9%. Together, these three countries formed a cluster representing 51.0% 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, M $ US

The value of insecticides and disease control agents exported from Greece increased for the third consecutive year. In 2020, exports amounted to 63.5 million US dollars, which is 21.6% higher than in 2019. Over the period from 2017 to 2020, exports surged by 110.2%, with an average annual growth rate of 28.1%.

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

From 2017 to 2020, the largest group of buyers for Greece's insecticides and disease control agents in value terms included Turkey, with 13.7% of exports, Cyprus at 11.2%, and Italy with 9.7%. However, their combined contribution was limited to 34.6% of total export value, reflecting a diversified country structure.

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

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

Imports insecticides and disease control agents to Greece

Imports in kind, t

The volume of insecticides and disease control agents imported by Greece increased for the third consecutive year. In 2020, imports stood at 9 100 tonnes, rising by 0.9% from the previous year. Between 2017 and 2020, imports grew by 20.1%, equating to an annualized growth rate of 6.3%.

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

From 2017 to 2020, the leading sources for Greece's imports in kind of insecticides and disease control agents were Italy, accounting for 20.3% of imports, France with 15.5%, and Spain at 14.2%. Together, these three countries accounted for 50.0% 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, M $ US

The value of insecticides and disease control agents imported by Greece increased for the third consecutive year. In 2020, Greece imported a total of 63.5 million US dollars worth of these products, up by 15.0% compared to 2019. Over the period from 2017 to 2020, imports grew by 46.3%, with an average annual growth rate of 13.5%.

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

Throughout 2017 to 2020, the three largest markets for Greece's imports in value terms were France, Italy, and Spain. Together, they accounted for 54.6% of total import flows.

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

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