**Greek Imports of Vinegar Hit Three-Month High in June**
**Market Trends Favor Importers Amidst Domestic Supply Shortfalls**
• Greek imports of vinegar and acetic acid-based substitutes rose 8.5% in June from the previous month, reaching a three-month high.
• The surge in imports comes as domestic production struggles to meet demand due to seasonal factors and supply chain disruptions.
• Prices for imported vinegar products declined by 2.4% year-over-year in June, partly driven by increased global supplies.
Greece’s import of vinegar and acetic acid-based substitutes has rebounded in June, driven by a combination of factors including domestic supply shortfalls and seasonal demand spikes. The country’s economy is poised to benefit from the influx of affordable imports as prices for these products decrease. Market trends suggest that this uptick may persist into July, fueled by ongoing global production levels and favorable trade terms.
Yearly Import Summary
| year | total_quantity_kg | total_value_eur |
|---|---|---|
| 2020 | 1,585,713 | 1,355,822 |
| 2021 | 1,763,716 | 1,858,732 |
| 2022 | 2,016,102 | 3,401,441 |
| 2023 | 1,693,445 | 2,157,756 |
| 2024 | 1,471,388 | 1,936,623 |
Top Partner Countries 2024
| partner | total_quantity_kg | total_value_eur |
|---|---|---|
| Germany | 558,241 | 437,760 |
| Italy | 385,084 | 871,706 |
| Poland | 279,497 | 160,666 |
| France | 85,816 | 233,979 |
| Czech Republic | 48,564 | 29,940 |
| Spain | 46,692 | 40,206 |
| China | 29,177 | 35,363 |
| Bulgaria | 7,824 | 6,137 |
| Netherlands | 7,544 | 89,940 |
| Egypt | 7,080 | 2,123 |
Top Partner Countries 2023
| partner | total_quantity_kg | total_value_eur |
|---|---|---|
| Germany | 986,478 | 532,173 |
| Italy | 540,472 | 1,238,449 |
| France | 88,388 | 246,097 |
| Nigeria | 20,800 | 8,605 |
| China | 13,528 | 19,540 |
| Spain | 10,618 | 18,321 |
| Netherlands | 6,365 | 25,521 |
| Turkey | 5,645 | 3,444 |
| Czech Republic | 4,578 | 11,498 |
| Lithuania | 4,224 | 6,509 |
