Price for Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Turkey - 2024
Contents:
- Price for Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Turkey (FOB) - 2024
- Price for Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Turkey (CIF) - 2024
- Exports of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Turkey
- Imports of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Turkey
Price for Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Turkey (FOB) - 2024
In January 2024, the average export price for nuts, edible; pistachios, fresh or dried, shelleds amounted to $14,555 per ton, picking up by 11% against the previous month. Over the period from January 2023 to January 2024, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in September 2023 an increase of 33% against the previous month. Over the period under review, the average export prices attained the peak figure at $16,183 per ton in June 2023; however, from July 2023 to January 2024, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Belgium ($22,803 per ton), while the average price for exports to Syrian Arab Republic ($3,208 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Turkey (CIF) - 2024
The average import price for nuts, edible; pistachios, fresh or dried, shelleds stood at $13,362 per ton in January 2024, remaining stable against the previous month. Over the period under review, import price indicated a slight increase from January 2023 to January 2024: its price increased at an average monthly rate of +1.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2024 figures, import price for nuts, edible; pistachios, fresh or dried, shelleds increased by +55.8% against August 2023 indices. The pace of growth appeared the most rapid in April 2023 an increase of 73% against the previous month. As a result, import price reached the peak level of $15,209 per ton. From May 2023 to January 2024, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Iran ($16,707 per ton), while the price for the United States ($10,376 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by the United States (+1.1%), while the prices for the other major suppliers experienced a decline.
Exports of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Turkey
In 2022, exports of nuts, edible; pistachios, fresh or dried, shelleds from Turkey rose remarkably to 14K tons, with an increase of 7% on 2021 figures. Overall, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +16.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +76.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 65%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, exports of nuts, edible; pistachios, fresh or dried, shelleds expanded modestly to $182M in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +10.2% 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 +70.2% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 63% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.
| Export of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 45.2 | 31.5 | 68.4 | 66.5 | 13.7% |
| Germany | 24.4 | 19.0 | 28.7 | 36.6 | 14.5% |
| Iraq | 7.9 | 3.0 | 3.1 | 9.7 | 7.1% |
| Israel | 7.8 | 11.3 | 17.0 | 9.2 | 5.7% |
| Jordan | 4.2 | 3.2 | 8.5 | 8.3 | 25.5% |
| Belgium | 0.2 | 1.9 | 1.2 | 6.1 | 212.4% |
| United Arab Emirates | 1.3 | 1.1 | 2.3 | 4.7 | 53.5% |
| Syrian Arab Republic | 5.4 | 2.0 | 1.6 | 4.5 | -5.9% |
| United States | 1.5 | 2.0 | 5.8 | 3.9 | 37.5% |
| Libya | 2.1 | 1.4 | 3.4 | 2.8 | 10.1% |
| Saudi Arabia | 12.4 | 13.1 | 3.6 | 2.1 | -44.7% |
| Others | 23.3 | 17.4 | 31.2 | 27.6 | 5.8% |
| Total | 136 | 107 | 175 | 182 | 10.2% |
Top Export Markets for Nuts, Edible; Pistachios, Fresh or Dried, Shelled from Turkey in 2022:
- Italy (5.0K tons)
- Germany (3.2K tons)
- Iraq (1.0K tons)
- Israel (0.8K tons)
- Syrian Arab Republic (0.6K tons)
- Jordan (0.6K tons)
- Belgium (0.5K tons)
- United Arab Emirates (0.3K tons)
- United States (0.3K tons)
- Saudi Arabia (0.2K tons)
- Libya (0.2K tons)
Imports of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Turkey
For the fourth year in a row, Turkey recorded growth in purchases abroad of nuts, edible; pistachios, fresh or dried, shelleds, which increased by 66% to 9.6K tons in 2022. Overall, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of nuts, edible; pistachios, fresh or dried, shelleds soared to $95M in 2022. In general, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 15.1 | 10.2 | 16.0 | 65.7 | 63.3% |
| Iran | 12.1 | 33.4 | 26.3 | 13.9 | 4.7% |
| Kyrgyzstan | 3.0 | 0.2 | 2.6 | 4.7 | 16.1% |
| Italy | 1.3 | N/A | 0.3 | 3.1 | 33.6% |
| Syrian Arab Republic | 0.6 | 1.8 | N/A | 1.9 | 46.8% |
| Tajikistan | 3.3 | 1.3 | 2.0 | 1.6 | -21.4% |
| United Arab Emirates | 0.7 | 0.1 | 0.5 | 1.3 | 22.9% |
| Others | 0.8 | 1.3 | 5.0 | 3.3 | 60.4% |
| Total | 36.9 | 48.4 | 52.8 | 95.4 | 37.2% |
Top Suppliers of Nuts, Edible; Pistachios, Fresh or Dried, Shelled to Turkey in 2022:
- United States (7.3K tons)
- Iran (1.0K tons)
- Kyrgyzstan (0.3K tons)
- United Arab Emirates (0.3K tons)
- Syrian Arab Republic (0.2K tons)
- Italy (0.2K tons)
- Tajikistan (0.1K tons)
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