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Turkey - Inulin - Market Analysis, Forecast, Size, Trends And Insights
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View PricingInulin Price in Turkey - 2023
Contents:
- Inulin Price in Turkey (CIF) - 2023
- Inulin Price in Turkey (FOB) - 2022
- Inulin Imports in Turkey
- Inulin Exports in Turkey
Inulin Price in Turkey (CIF) - 2023
In July 2023, the average inulin import price amounted to $3,636 per ton, picking up by 7% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 when the average import price increased by 31% month-to-month. The import price peaked at $4,121 per ton in April 2023; however, from May 2023 to July 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($23,596 per ton), while the price for Belgium stood at $3,381 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+17.5%).
Inulin Price in Turkey (FOB) - 2022
The average inulin export price stood at $6,410 per ton in 2022, picking up by 53% against the previous year. In general, the export price enjoyed a temperate increase. The export price peaked at $6,522 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Azerbaijan ($43,589 per ton), while the average price for exports to Kuwait amounted to $3,781 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (+35.8%).
Inulin Imports in Turkey
In 2022, after three years of growth, there was significant decline in supplies from abroad of inulin, when their volume decreased by -68.5% to 369 tons. In general, imports recorded a deep downturn. The growth pace was the most rapid in 2021 when imports increased by 60% against the previous year. As a result, imports reached the peak of 1.2K tons, and then plummeted in the following year.
In value terms, inulin imports fell markedly to $1.3M in 2022. Over the period under review, imports recorded a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of 90% against the previous year. As a result, imports attained the peak of $4.1M, and then shrank sharply in the following year.
Import of Inulin in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 938 | 1,294 | 2,877 | 752 | -7.1% |
France | 396 | 478 | 180 | 208 | -19.3% |
China | 17.7 | 189 | 580 | 151 | 104.3% |
Luxembourg | 123 | 38.2 | 252 | 65.9 | -18.8% |
Netherlands | 141 | 89.5 | 121 | 62.8 | -23.6% |
Chile | 57.2 | 73.0 | 73.5 | 35.0 | -15.1% |
Others | 7.7 | 7.0 | 31.4 | 4.1 | -18.9% |
Total | 1,682 | 2,169 | 4,115 | 1,279 | -8.7% |
Top Suppliers of Inulin to Turkey in 2022:
- Belgium (223.4 tons)
- France (72.9 tons)
- Luxembourg (21.0 tons)
- China (20.9 tons)
- Netherlands (18.8 tons)
- Chile (10.9 tons)
Inulin Exports in Turkey
In 2022, shipments abroad of inulin was finally on the rise to reach 3.2 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, faced a abrupt downturn.
In value terms, inulin exports surged to $21K in 2022. In general, exports, however, recorded a deep slump.
Export of Inulin in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Kuwait | 8.4 | 5.0 | 1.1 | 11.4 | 10.7% |
Azerbaijan | 9.0 | 2.3 | 0.8 | 8.7 | -1.1% |
Belgium | 14.2 | N/A | N/A | N/A | 0% |
Others | 0.7 | 1.9 | 0.6 | 0.6 | -5.0% |
Total | 32.3 | 9.1 | 2.5 | 20.7 | -13.8% |
Top Export Markets for Inulin from Turkey in 2022:
- Kuwait (3.0 tons)
- Azerbaijan (0.2 tons)
This report provides an in-depth analysis of the inulin 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:
- Prodcom 10621130 - Inulin
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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In March 2023, the price of Inulin was $3,317 per ton (CIF, Turkey), showing a decrease of 5.3% compared to the previous month.
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Explore the top import markets for starch (excluding wheat, corn, or potato) with key statistics and import values. Discover the major players in the global starch trade.
In March 2023, the price of Inulin was $3,317 per ton (CIF, Turkey), showing a decrease of 5.3% compared to the previous month.
Exports of Maize Starch experienced a modest expansion, reaching $8.3M in July 2023, during a period of low growth from April 2023 to July 2023.
During the review period, imports of Wheat Starch reached a record high of 14K tons in 2020. However, from 2021 to 2023, imports saw a slight decrease. In terms of value, wheat starch imports fell to $6.2M in 2023.
In value terms, residues of starch manufacture imports amounted to $X in 2016. Overall, residues of starch manufacture imports continue to indicate a strong increase. Global residues of starch manu...