Turkey - Frozen Fruits And Vegetables - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Frozen Fruits and Vegetables in Turkey - 2023
Contents:
- Price for Frozen Fruits and Vegetables in Turkey (FOB) - 2022
- Price for Frozen Fruits and Vegetables in Turkey (CIF) - 2022
- Exports of Frozen Fruits and Vegetables in Turkey
- Imports of Frozen Fruits and Vegetables in Turkey
Price for Frozen Fruits and Vegetables in Turkey (FOB) - 2022
In 2022, the average frozen fruits and vegetables export price amounted to $1,613 per ton, surging by 14% against the previous year. Over the period under review, the export price, however, continues to indicate a slight shrinkage. Over the period under review, the average export prices attained the maximum at $2,105 per ton in 2015; however, from 2016 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 France ($2,862 per ton), while the average price for exports to Greece ($957 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Frozen Fruits and Vegetables in Turkey (CIF) - 2022
In 2022, the average frozen fruits and vegetables import price amounted to $1,502 per ton, surging by 2.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2016 when the average import price increased by 19% against the previous year. The import price peaked at $1,648 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($4,850 per ton), while the price for Iran ($237 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Frozen Fruits and Vegetables in Turkey
In 2022, the amount of frozen fruits and vegetables exported from Turkey rose rapidly to 228K tons, picking up by 11% against 2021. Overall, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.5% 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 +74.9% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 35% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in years to come.
In value terms, frozen fruits and vegetables exports surged to $368M in 2022. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +23.3% 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 +87.6% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 30%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
Export of Frozen Fruits and Vegetables in Turkey (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 1.4 | 1.2 | 4.0 | 85.7 | 294.1% |
United States | 27.4 | 43.5 | 53.5 | 59.7 | 29.6% |
United Kingdom | 18.0 | 25.1 | 30.9 | 34.2 | 23.9% |
Germany | 24.3 | 30.5 | 37.1 | 29.8 | 7.0% |
Iraq | 14.9 | 11.3 | 15.3 | 25.1 | 19.0% |
Canada | 8.2 | 9.4 | 18.9 | 16.5 | 26.2% |
France | 11.4 | 14.3 | 15.1 | 14.1 | 7.3% |
Italy | 10.5 | 9.4 | 13.1 | 11.2 | 2.2% |
Netherlands | 7.8 | 8.2 | 10.1 | 10.6 | 10.8% |
Belgium | 7.3 | 8.2 | 11.2 | 9.7 | 9.9% |
China | 23.1 | 13.9 | 11.4 | 9.1 | -26.7% |
Greece | 6.6 | 4.9 | 9.4 | 7.4 | 3.9% |
Brazil | 3.4 | 8.1 | 9.7 | 2.3 | -12.2% |
Others | 31.9 | 36.2 | 51.6 | 52.9 | 18.4% |
Total | 196 | 224 | 291 | 368 | 23.4% |
Top Export Markets for Frozen Fruits and Vegetables from Turkey in 2022:
- Russia (56.2K tons)
- United States (27.6K tons)
- Iraq (25.5K tons)
- Germany (18.2K tons)
- United Kingdom (17.1K tons)
- Canada (10.4K tons)
- Greece (7.7K tons)
- China (7.5K tons)
- Netherlands (5.5K tons)
- Belgium (5.1K tons)
- France (4.9K tons)
- Italy (4.8K tons)
- Brazil (1.9K tons)
Imports of Frozen Fruits and Vegetables in Turkey
In 2022, the amount of frozen fruits and vegetables imported into Turkey skyrocketed to 23K tons, surging by 77% on the previous year's figure. Overall, imports recorded a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, frozen fruits and vegetables imports skyrocketed to $35M in 2022. Over the period under review, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Frozen Fruits and Vegetables in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Serbia | 1.8 | 2.4 | 2.4 | 11.6 | 86.1% |
Egypt | 3.3 | 2.2 | 4.5 | 5.7 | 20.0% |
France | 0.9 | 0.5 | 1.3 | 2.5 | 40.6% |
China | 1.4 | 1.1 | 1.6 | 2.0 | 12.6% |
United States | 0.2 | 0.1 | 0.6 | 1.4 | 91.3% |
Netherlands | 0.9 | 0.7 | 0.8 | 1.2 | 10.1% |
Germany | 1.0 | 1.1 | 1.2 | 1.2 | 6.3% |
Ukraine | N/A | N/A | N/A | 1.1 | 0% |
Moldova | 0.1 | N/A | N/A | 1.0 | 115.4% |
Colombia | N/A | 0.1 | 0.4 | 1.0 | 216.2% |
Belgium | 1.0 | 0.4 | 0.8 | 0.9 | -3.5% |
Poland | 0.5 | 0.5 | 0.8 | 0.7 | 11.9% |
Iran | 0.5 | 0.4 | 0.5 | 0.4 | -7.2% |
Others | 5.4 | 4.4 | 4.5 | 4.5 | -5.9% |
Total | 17.0 | 14.1 | 19.5 | 35.2 | 27.5% |
Top Suppliers of Frozen Fruits and Vegetables to Turkey in 2022:
- Serbia (8.8K tons)
- Egypt (4.4K tons)
- Iran (1.7K tons)
- Ukraine (1.0K tons)
- Moldova (1.0K tons)
- United States (0.8K tons)
- Belgium (0.8K tons)
- China (0.8K tons)
- Poland (0.6K tons)
- Netherlands (0.5K tons)
- Germany (0.5K tons)
- Colombia (0.5K tons)
- France (0.5K tons)
This report provides an in-depth analysis of the market for frozen fruits and vegetables 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 447 - Sweet Corn, Frozen
- FCL 473 - Vegetables, Frozen
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
-
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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From January 2023 to July 2023, the exports of Frozen Fruits And Vegetables experienced a slight decrease in growth. In terms of value, the total exports of Frozen Fruits And Vegetables reached $30 million in July 2023.
In November 2022, the growth rate for Frozen Sweet Corn was exceptionally rapid, experiencing a remarkable increase of 316% compared to the previous month. Additionally, the value of frozen sweet corn exports saw a slight rise to $103K in July 2023.
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In January 2023, the soybean oil price amounted to $1,293 per ton (FOB, Turkey), remaining constant against the previous month.
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Hungary dominates in the global trade of frozen sweet corn. In 2014, Hungary exported X thousand tons of frozen sweet corn totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of its to