Not in shell eggs and egg yolks market in Greece

Earlier Report Observations

The market for not in shell eggs and egg yolks in Greece opened the period at 8 025 t in 2018. It grew by 14% to 9 137 t in 2019, partly stimulated by the emergence of gourmet products like smoked and salt-cured egg yolks, which broadened consumer interest. However, the market contracted by 34% to 6 016 t in 2020.

Recovery began in 2021 with a 32% increase to 7 928 t, coinciding with the formation of an Interprofessional Organization aimed at enhancing the organization and quality of Greek egg production and trade. Global trends toward ethical consumption and demand for organic and free-range eggs also supported market growth. This momentum accelerated in 2022, with the market volume surging by 51% to 11 935 t as production expanded.

Growth continued in 2023, with the market rising by 25% to 14 879 t. In 2024, the market reached 16 240 t, reflecting sustained domestic demand even as production experienced a modest decline.

Production not in shell eggs and egg yolks in Greece

In value, 2017-2020, K $ US

Following two years of growth, Greece's production of not in shell eggs and egg yolks declined. In 2020, the output was valued at 11 233 thousand US dollars, representing a 26.3% decrease compared to the previous year. Between 2017 and 2020, production fell by 16.2%, which translates to an annualized decline of 5.7%. The peak value was recorded in 2019 at 15 247 thousand US dollars, while the largest annual increase occurred in 2018 at 10.7%.

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

In kind, 2017-2020, t

From 2017 to 2020, Greece ranked as the 24th largest global producer of not in shell eggs and egg yolks.

Top producers of not in shell eggs and egg yolks, 2017-2020

World map of production of not in shell eggs and egg yolks, 2017-2020

After two years of growth, not in shell eggs and egg yolks production in Greece declined. In 2020, Greece produced 5 340 tonnes, marking a sharp 29.9% drop from the previous year. Between 2017 and 2020, production decreased by 19.3%, equivalent to an annualized rate of 6.9%. The highest output was recorded in 2019 at 7 617 tonnes, with the largest annual increase also occurring that year at 13.1%.

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

Exports not in shell eggs and egg yolks from Greece

Exports in kind, t

Exports of not in shell eggs and egg yolks from Greece increased for the second consecutive year. In 2020, Greece exported 894 tonnes, showing a modest 2.4% rise compared to the previous year. Over the period from 2017 to 2020, exports decreased by 10.3%, with a compound annual growth rate of -3.6%. The lowest volume was recorded in 2018 at 866 tonnes, which also saw the largest annual decline of 13.1%.

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

From 2017 to 2020, Bulgaria, Cyprus, and Albania were the primary destinations for Greece's exports of not in shell eggs and egg yolks in volume terms. Bulgaria accounted for 40.7% of exports, Cyprus for 24.1%, and Albania for 14.0%. Together, these three countries represented 78.7% 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 two years of decline, Greece's exports of not in shell eggs and egg yolks in value terms increased. In 2020, exports reached 2 406 thousand US dollars, up by 7.3% from the previous year. The lowest value was recorded in 2019 at 2 242 thousand US dollars, while the largest annual decrease occurred in 2018 at 6.3%.

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

From 2017 to 2020, Bulgaria, Albania, and Cyprus were the top buyers of not in shell eggs and egg yolks from Greece in value terms. Bulgaria accounted for 34.4% of exports, Albania for 17.2%, and Cyprus for 16.4%. Collectively, these three countries made up 68.1% 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 not in shell eggs and egg yolks to Greece

Imports in kind, t

In 2020, Greece's imports of not in shell eggs and egg yolks in volume terms stood at 1 570 tonnes, down by 34.4% compared to the previous year. Between 2017 and 2020, imports decreased by 31.4%, equivalent to an annualized decline of 11.8%. The peak volume was recorded in 2019 at 2 393 tonnes, with the largest annual increase also occurring that year at 11.0%.

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

Throughout 2017 to 2020, Bulgaria, Italy, and Poland were the key sources for Greece's imports of not in shell eggs and egg yolks in volume terms. Bulgaria accounted for 27.2% of imports, Italy for 23.9%, and Poland for 13.5%. Together, these three countries represented 64.6% 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

Greece's imports of not in shell eggs and egg yolks in value terms declined for the second consecutive year. In 2020, imports amounted to 3 160 thousand US dollars, indicating a 37.9% reduction compared to the previous year. Over the period from 2017 to 2020, imports decreased by 37.7%, with a compound annual growth rate of -14.6%. The highest value was recorded in 2018 at 5 333 thousand US dollars, which also saw the largest annual increase of 5.2%.

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

From 2017 to 2020, Italy, Bulgaria, and France consistently held leading positions in Greece's import structure for not in shell eggs and egg yolks in value terms. Italy accounted for 20.7% of imports, Bulgaria for 18.5%, and France for 15.3%. Collectively, these three countries made up 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