Roasted decaffeinated coffee market in Greece

Earlier Report Observations

The roasted decaffeinated coffee market in Greece exhibited strong overall growth from 2018 to 2024, with total consumption volume nearly doubling from 516 tonnes to 977 tonnes. Market value followed a similar trajectory, expanding from 6.8 million USD to 13.5 million USD, indicating a significant increase in consumer demand or product value over the period.

This expansion was characterized by notable fluctuations, including a market contraction in 2019. A period of robust growth followed, peaking in 2022 before a temporary dip in physical volume occurred in 2023. Interestingly, the market's monetary value continued to rise that year, pointing to a potential shift in the product mix towards higher-value offerings or general price increases within the segment.

Imports served as the primary driver of market volume throughout these years, rising from 437 tonnes to 883 tonnes by 2024. Domestic production also contributed to supply, recovering after 2020 and growing steadily to reach 128 tonnes by the end of the period.

Production roasted decaffeinated coffee in Greece

In value, 2017-2020, K $ US

Greece's production of roasted decaffeinated coffee declined for the second year in a row. In 2020, output was valued at 1 230 thousand US dollars, marking a slight decrease of 1.7% from 2019. Looking at the broader period from 2017 to 2020, production grew by 12.9%, which translates to an average annual increase of 4.1%. The peak value occurred in 2018 at 1 502 thousand US dollars, when production surged by 37.9%. However, the following year saw the sharpest decline, with a drop of 16.7% in 2019.

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

In kind, 2017-2020, t

Greece's production of roasted decaffeinated coffee fell for the second consecutive year. In 2020, the country produced 87.1 tonnes, representing a year-over-year decrease of 13.9%. Over the four-year span from 2017 to 2020, production increased by 22.9%, with a compound annual growth rate of 7.1%. The highest output was recorded in 2018 at 102.3 tonnes, when production jumped by 44.3%.

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

Exports roasted decaffeinated coffee from Greece

Exports in kind, t

Exports of roasted decaffeinated coffee from Greece showed significant fluctuations during this period. In 2019, shipments peaked at 96.7 tonnes, but by 2020, they dropped sharply to 15.5 tonnes—a decrease of 84.0% compared to the previous year. This resulted in a 6.2-fold difference between the high in 2019 and the low in 2020. The most substantial increase occurred in 2019, with a rise of 310.5%.

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

From 2017 to 2020, Greece's exports of roasted decaffeinated coffee were almost entirely directed to Cyprus, which accounted for 93.2% of total shipments in volume.

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

The export market for roasted decaffeinated coffee from Greece experienced an unstable trend. In 2017, exports hit their lowest point, but by 2020, they reached 281 thousand US dollars, reflecting a 63.7% increase compared to 2019. This created a 2.8-fold variation between the low in 2017 and the high in 2020. The largest decline was recorded in 2019 at 17.1%, while the most significant increase occurred in 2018, with a jump of 108.8%.

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

Between 2017 and 2020, Cyprus dominated Greece's exports of roasted decaffeinated coffee in value terms, capturing 83.6% of the total. The remaining exports were distributed among several 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 roasted decaffeinated coffee to Greece

Imports in kind, t

Greece's imports of roasted decaffeinated coffee rose for the third year in a row. In 2020, the country imported 495.9 tonnes, showing a modest year-over-year increase of 7.6%. Over the period from 2017 to 2020, imports grew by 40.4%, equivalent to an average annual rate of 12.0%.

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

From 2017 to 2020, the three largest sources for Greece's imports of roasted decaffeinated coffee in volume were Italy, Germany, and France. Together, these countries accounted for 76.4% 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

Greece's imports of roasted decaffeinated coffee increased for the third consecutive year. In 2020, imports totaled 6 355 thousand US dollars, up 15.3% from the previous year. Between 2017 and 2020, imports rose by 34.3%, with an average annual growth rate of 10.3%.

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

During 2017–2020, Italy, France, and Germany were the leading suppliers of roasted decaffeinated coffee to Greece in value terms. Italy contributed 51.0% of imports, France 26.8%, and Germany 6.1%, collectively making up 83.9% 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