Turkey - Concentrated Orange Juice - Market Analysis, Forecast, Size, Trends and Insights
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View PricingConcentrated Orange Juice Price in Turkey - 2023
Contents:
- Concentrated Orange Juice Price in Turkey (CIF) - 2023
- Concentrated Orange Juice Price in Turkey (FOB) - 2023
- Concentrated Orange Juice Imports in Turkey
- Concentrated Orange Juice Exports in Turkey
Concentrated Orange Juice Price in Turkey (CIF) - 2023
The average concentrated orange juice import price stood at $3,153 per ton in July 2023, rising by 11% against the previous month. Over the period under review, the import price saw a pronounced expansion. The pace of growth was the most pronounced in December 2022 an increase of 572% against the previous month. As a result, import price attained the peak level of $13,000 per ton. From January 2023 to July 2023, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In July 2023, the highest price was recorded for prices from Cyprus ($3,284 per ton) and Italy ($2,993 per ton), while the price for Spain ($2,570 per ton) and Brazil ($2,983 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Iran (+22.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Concentrated Orange Juice Price in Turkey (FOB) - 2023
The average concentrated orange juice export price stood at $2,713 per ton in July 2023, rising by 36% against the previous month. Overall, export price indicated a tangible expansion from July 2022 to July 2023: its price increased at an average monthly rate of +4.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, concentrated orange juice export price increased by +36.2% against June 2023 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was Russia ($4,973 per ton), while the average price for exports to Saudi Arabia ($1,912 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+13.8%), while the prices for the other major destinations experienced more modest paces of growth.
Concentrated Orange Juice Imports in Turkey
In 2022, supplies from abroad of concentrated orange juice decreased by -12.3% to 4.4K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 154%.
In value terms, concentrated orange juice imports reduced slightly to $8.9M in 2022. Over the period under review, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2020 when imports increased by 180%.
Import of Concentrated Orange Juice in Turkey (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 2.1 | 5.5 | 7.6 | 5.3 | 36.2% |
Cyprus | 0.4 | 1.5 | 1.2 | 2.8 | 91.3% |
Netherlands | N/A | 0.2 | 0.4 | 0.3 | 22.5% |
Australia | N/A | 0.2 | N/A | 0.2 | 0.0% |
Iraq | N/A | N/A | N/A | N/A | 0% |
Argentina | N/A | 0.7 | N/A | N/A | 0% |
Others | 0.4 | N/A | 0.1 | 0.2 | -20.6% |
Total | 2.9 | 8.1 | 9.3 | 8.9 | 45.3% |
Top Suppliers of Concentrated Orange Juice to Turkey in 2022:
- Brazil (2532.4 tons)
- Cyprus (1412.0 tons)
- Netherlands (168.0 tons)
- Iraq (104.5 tons)
- Australia (103.7 tons)
Concentrated Orange Juice Exports in Turkey
In 2022, overseas shipments of concentrated orange juice were finally on the rise to reach 8.2K tons after two years of decline. In general, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +6.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, concentrated orange juice exports soared to $11M in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +5.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.1% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Concentrated Orange Juice in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 972 | 1,378 | 961 | 2,199 | 31.3% |
Italy | 369 | 526 | 476 | 1,894 | 72.5% |
United States | 10.7 | 146 | 18.6 | 1,209 | 383.4% |
Iraq | 267 | 404 | 570 | 774 | 42.6% |
Iran | 1,240 | 1,622 | 702 | 766 | -14.8% |
Australia | 3,646 | 611 | 4,174 | 745 | -41.1% |
China | 214 | 137 | 185 | 578 | 39.3% |
Spain | 238 | 300 | 400 | 463 | 24.8% |
Norway | 308 | 1.5 | 1.3 | 399 | 9.0% |
Syrian Arab Republic | N/A | N/A | N/A | 264 | 0% |
Israel | 232 | 131 | 202 | 140 | -15.5% |
Russia | 18.5 | 8.9 | 40.0 | 118 | 85.5% |
Afghanistan | 2.4 | N/A | 0.5 | 107 | 254.6% |
Others | 1,992 | 2,049 | 1,043 | 1,613 | -6.8% |
Total | 9,510 | 7,312 | 8,773 | 11,269 | 5.8% |
Top Export Markets for Concentrated Orange Juice from Turkey in 2022:
- United States (1463.5 tons)
- Italy (1145.4 tons)
- Netherlands (1118.2 tons)
- Norway (534.4 tons)
- China (491.0 tons)
- Syrian Arab Republic (462.9 tons)
- Iran (412.2 tons)
- Iraq (358.0 tons)
- Spain (330.6 tons)
- Australia (317.5 tons)
- Afghanistan (206.8 tons)
- Israel (165.7 tons)
- Russia (149.9 tons)
This report provides an in-depth analysis of the concentrated orange juice 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 492 - Orange Juice, Concentrated
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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