Price for Fruit, Edible; Apples, Dried in Turkey - 2023

Contents:

1. Price for Fruit, Edible; Apples, Dried in Turkey (FOB) - 2023
2. Price for Fruit, Edible; Apples, Dried in Turkey (CIF) - 2022
3. Exports of Fruit, Edible; Apples, Dried in Turkey
4. Imports of Fruit, Edible; Apples, Dried in Turkey

Price for Fruit, Edible; Apples, Dried in Turkey (FOB) - 2023

The average fruit, edible; apples, dried export price stood at $1,853 per ton in July 2023, picking up by 3.2% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.9%. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 30% m-o-m. As a result, the export price reached the peak level of $2,036 per ton. From February 2023 to July 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($1,876 per ton), while the average price for exports to Russia stood at $1,118 per ton.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+2.1%).

Price for Fruit, Edible; Apples, Dried in Turkey (CIF) - 2022

The average fruit, edible; apples, dried import price stood at $743 per ton in 2022, dropping by -36% against the previous year. Overall, the import price saw a mild reduction. The most prominent rate of growth was recorded in 2015 an increase of 38%. The import price peaked at $1,177 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

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 China ($4,565 per ton), while the price for Iran ($150 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Fruit, Edible; Apples, Dried in Turkey

Fruit, edible; apples, dried exports from Turkey expanded sharply to 6.3K tons in 2022, increasing by 5.6% compared with 2021 figures. The total export volume increased at an average annual rate of +7.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 20%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, fruit, edible; apples, dried exports contracted to $9.8M in 2022. The total export value increased at an average annual rate of +5.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 19% against the previous year. As a result, the exports reached the peak of $10M, and then contracted in the following year.

Top Export Markets for Fruit, Edible; Apples, Dried from Turkey in 2022:

1. Germany (4.9K tons)
2. Netherlands (1.0K tons)
3. Russia (0.2K tons)

Imports of Fruit, Edible; Apples, Dried in Turkey

In 2022, overseas purchases of fruit, edible; apples, dried were finally on the rise to reach 946 tons after two years of decline. Overall, imports, however, faced a deep contraction.

In value terms, fruit, edible; apples, dried imports declined remarkably to $703K in 2022. In general, imports, however, faced a dramatic contraction. The smallest decline of -8.3% was in 2021.

Top Suppliers of Fruit, Edible; Apples, Dried to Turkey in 2022:

1. Kyrgyzstan (842.5 tons)
2. Iran (51.3 tons)
3. China (33.2 tons)

Source: IndexBox Market Intelligence Platform