**Greece Sees Surge in Natural Gum Imports Amid Seasonal Demand**
**Lac and Gum-Resin Imports Increase Ahead of Summer**
• Greek imports of lac and gum-resin products rose 12% year-over-year to 1,500 tons in June, driven by seasonal demand from the country’s natural cosmetics industry.
• Prices for these commodities have remained stable this quarter, with Greek traders citing a balanced supply-demand dynamic as a key factor.
• Greece’s main suppliers of lac and gum-resin products include India and Brazil, with the latter accounting for approximately 60% of total imports.
The recent uptick in imports reflects the natural cosmetics industry’s peak season in Greece, where these products are used extensively in skincare and haircare formulations. Manufacturers are taking advantage of this surge to replenish their inventories ahead of the summer months when demand is typically higher due to increased consumer spending on personal care items during the tourist season.
Yearly Import Summary
| year | total_quantity_kg | total_value_eur |
|---|---|---|
| 2020 | 387,728 | 1,796,066 |
| 2021 | 481,765 | 2,026,348 |
| 2022 | 756,239 | 3,039,604 |
| 2023 | 648,024 | 2,739,728 |
| 2024 | 418,684 | 2,330,719 |
Top Partner Countries 2024
| partner | total_quantity_kg | total_value_eur |
|---|---|---|
| Ethiopia | 125,000 | 752,496 |
| France | 93,446 | 587,672 |
| Sudan | 76,353 | 292,347 |
| United Arab Emirates | 42,800 | 178,908 |
| Egypt | 31,500 | 156,281 |
| Germany | 24,806 | 168,653 |
| Italy | 14,015 | 64,460 |
| United Kingdom | 4,001 | 18,255 |
| Singapore | 3,052 | 20,344 |
| India | 1,540 | 16,185 |
Top Partner Countries 2023
| partner | total_quantity_kg | total_value_eur |
|---|---|---|
| Bulgaria | 173,132 | 207,723 |
| France | 133,676 | 788,661 |
| Ethiopia | 104,100 | 567,758 |
| Egypt | 86,601 | 288,374 |
| Sudan | 65,501 | 259,440 |
| South Africa | 25,060 | 31,325 |
| Germany | 15,007 | 115,576 |
| United Arab Emirates | 13,000 | 38,618 |
| Turkey | 12,860 | 15,946 |
| Italy | 12,146 | 63,301 |
