**Greek Palm Oil Imports Surge Amid Seasonal Demand**
**Palm oil imports increase as global prices stabilize**
• Greek palm oil imports rose by 10% in June compared to the same period last year.
• The majority of imported palm oil came from Indonesia, accounting for 55% of total imports.
• Global demand for palm oil remains strong due to its widespread use in food and cosmetics production.
Greek palm oil imports have increased this season as European consumers stock up on cooking oils ahead of summer. Palm oil prices stabilized globally after a brief spike in May, making it an attractive option for Greek importers. As a result, the country’s palm oil imports are expected to remain steady through the remainder of the year, despite ongoing supply chain disruptions.
Yearly Import Summary
| year | total_quantity_kg | total_value_eur |
|---|---|---|
| 2020 | 84,891,745 | 55,293,759 |
| 2021 | 131,489,554 | 122,040,469 |
| 2022 | 121,934,575 | 170,452,634 |
| 2023 | 123,373,365 | 127,015,806 |
| 2024 | 100,610,946 | 100,287,966 |
Top Partner Countries 2024
| partner | total_quantity_kg | total_value_eur |
|---|---|---|
| Indonesia | 94,144,809 | 92,270,840 |
| Malaysia | 4,939,834 | 5,543,672 |
| Italy | 677,170 | 996,478 |
| Netherlands | 351,426 | 598,216 |
| Bulgaria | 326,305 | 470,564 |
| Belgium | 55,641 | 127,056 |
| Germany | 49,670 | 126,903 |
| Sweden | 31,080 | 79,399 |
| Austria | 16,120 | 33,997 |
| Poland | 14,256 | 26,494 |
Top Partner Countries 2023
| partner | total_quantity_kg | total_value_eur |
|---|---|---|
| Indonesia | 111,817,399 | 112,360,096 |
| Malaysia | 8,793,228 | 10,460,048 |
| Netherlands | 1,025,418 | 1,555,152 |
| Bulgaria | 709,230 | 976,226 |
| Italy | 494,500 | 709,120 |
| Colombia | 165,407 | 157,713 |
| Romania | 135,004 | 273,266 |
| Sweden | 96,105 | 235,909 |
| Germany | 52,860 | 124,875 |
| Turkey | 20,720 | 37,068 |
