**Greece Sees Slight Dip in Animal Fat Imports**
**Market trends favor European suppliers amidst seasonal demand**
• Total imports of animal fats (HS Code 1502) to Greece declined by 4.5% in May, reaching 10,300 metric tons.
• The decrease follows a 12% rise in April, primarily driven by restocking ahead of the peak summer season for dairy products.
• Average import prices for animal fats fell by 1.8% in May to $2,540 per metric ton, reflecting increased global supply and stable demand.
Greece’s imports of animal fats have been influenced by fluctuations in European production levels and seasonal demand for dairy products. As the country approaches peak summer season, dairy farmers are expected to replenish stocks, potentially boosting import volumes. However, ongoing price pressures may continue to impact supplier margins and pricing dynamics in the coming months.
Yearly Import Summary
| year | total_quantity_kg | total_value_eur |
|---|---|---|
| 2020 | 2,515,693 | 1,767,963 |
| 2021 | 1,966,965 | 1,671,607 |
| 2022 | 1,117,680 | 1,402,148 |
| 2023 | 852,476 | 957,580 |
| 2024 | 1,059,054 | 1,283,720 |
Top Partner Countries 2024
| partner | total_quantity_kg | total_value_eur |
|---|---|---|
| Cyprus | 413,028 | 197,908 |
| France | 223,414 | 397,067 |
| Italy | 185,534 | 251,056 |
| Germany | 98,483 | 164,105 |
| Denmark | 45,162 | 56,186 |
| Romania | 32,349 | 14,130 |
| United Kingdom | 24,822 | 31,028 |
| Netherlands | 21,000 | 150,990 |
| Spain | 10,079 | 13,794 |
| Argentina | 1,973 | 1,658 |
Top Partner Countries 2023
| partner | total_quantity_kg | total_value_eur |
|---|---|---|
| Cyprus | 437,774 | 242,930 |
| Italy | 208,248 | 379,531 |
| Germany | 58,591 | 110,843 |
| France | 54,357 | 89,326 |
| Denmark | 24,010 | 31,213 |
| Bulgaria | 21,935 | 28,578 |
| Spain | 19,368 | 30,121 |
| Poland | 15,468 | 28,672 |
| Romania | 7,424 | 8,538 |
| Hungary | 3,915 | 4,745 |
