Turkey - Dry Vegetable - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDry Vegetable Price in Turkey - 2023
Contents:
- Dry Vegetable Price in Turkey (FOB) - 2023
- Dry Vegetable Price in Turkey (CIF) - 2023
- Dry Vegetable Exports in Turkey
- Dry Vegetable Imports in Turkey
Dry Vegetable Price in Turkey (FOB) - 2023
The average dry vegetable export price stood at $3,882 per ton in September 2023, therefore, remained relatively stable against the previous month. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 9.9% month-to-month. The export price peaked at $4,677 per ton in March 2023; however, from April 2023 to September 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($7,881 per ton), while the average price for exports to Italy ($3,226 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.
Dry Vegetable Price in Turkey (CIF) - 2023
In September 2023, the average dry vegetable import price amounted to $1,994 per ton, dropping by -2.1% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 65% month-to-month. The import price peaked at $3,144 per ton in April 2023; however, from May 2023 to September 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was China ($2,504 per ton), while the price for Iran ($227 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Egypt (+2.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Dry Vegetable Exports in Turkey
Dry vegetable exports from Turkey reduced modestly to 21K tons in 2022, with a decrease of -2.2% on 2021. The total export volume increased at an average annual rate of +1.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 16%. As a result, the exports attained the peak of 21K tons, and then dropped slightly in the following year.
In value terms, dry vegetable exports reached $71M in 2022. The total export value increased at an average annual rate of +1.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 10%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
Export of Dry Vegetable in Turkey (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 15.7 | 10.1 | 15.7 | 18.5 | 5.6% |
Italy | 13.4 | 15.6 | 12.5 | 13.1 | -0.8% |
Germany | 5.5 | 5.0 | 5.6 | 5.0 | -3.1% |
Poland | 4.6 | 6.2 | 6.1 | 4.4 | -1.5% |
Netherlands | 3.9 | 3.0 | 3.9 | 3.8 | -0.9% |
Canada | 3.1 | 3.7 | 4.1 | 3.7 | 6.1% |
France | 0.9 | 0.8 | 2.1 | 3.3 | 54.2% |
Australia | 3.6 | 2.9 | 2.7 | 3.2 | -3.9% |
United Kingdom | 2.6 | 2.1 | 2.9 | 2.6 | 0.0% |
Greece | 2.2 | 3.2 | 2.2 | 2.5 | 4.4% |
Brazil | 2.8 | 1.5 | 1.7 | 2.0 | -10.6% |
Others | 9.1 | 7.3 | 7.9 | 8.7 | -1.5% |
Total | 67.5 | 61.4 | 67.5 | 70.7 | 1.6% |
Top Export Markets for Dry Vegetable from Turkey in 2022:
- United States (5.2K tons)
- Italy (4.8K tons)
- Poland (1.5K tons)
- Germany (1.3K tons)
- Netherlands (1.2K tons)
- Canada (0.9K tons)
- France (0.9K tons)
- Greece (0.8K tons)
- Australia (0.8K tons)
- Brazil (0.6K tons)
- United Kingdom (0.6K tons)
Dry Vegetable Imports in Turkey
In 2022, approx. 7.5K tons of dry vegetables were imported into Turkey; picking up by 28% compared with the year before. The total import volume increased at an average annual rate of +13.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 28% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.
In value terms, dry vegetable imports skyrocketed to $18M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +18.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.1% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 48%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.
Import of Dry Vegetable in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 3.5 | 5.1 | 5.1 | 8.5 | 34.4% |
India | 2.2 | 2.9 | 2.5 | 3.9 | 21.0% |
Egypt | 1.3 | 1.5 | 1.3 | 1.3 | 0.0% |
United States | 0.8 | 1.7 | 0.9 | 0.8 | 0.0% |
Uganda | 0.1 | N/A | N/A | 0.3 | 44.2% |
Iran | 0.1 | 0.2 | 0.1 | 0.2 | 26.0% |
Spain | 0.4 | 0.7 | 0.6 | 0.2 | -20.6% |
Others | 2.1 | 3.5 | 2.8 | 2.4 | 4.6% |
Total | 10.5 | 15.5 | 13.3 | 17.6 | 18.8% |
Top Suppliers of Dry Vegetable to Turkey in 2022:
- China (3224.6 tons)
- India (2117.8 tons)
- Egypt (1176.5 tons)
- Iran (287.7 tons)
- Uganda (135.0 tons)
- United States (123.4 tons)
- Spain (46.5 tons)
This report provides an in-depth analysis of the dry vegetable market in Turkey. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 469 - Vegetables, Dehydrated
Country coverage:
- Turkey
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Turkey
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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