Turkey - Vegetables In Vinegar - Market Analysis, Forecast, Size, Trends and Insights
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View PricingVinegar-Preserved Vegetable Price in Turkey - 2023
Contents:
- Vinegar-Preserved Vegetable Price in Turkey (FOB) - 2023
- Vinegar-Preserved Vegetable Price in Turkey (CIF) - 2023
- Vinegar-Preserved Vegetable Exports in Turkey
- Vinegar-Preserved Vegetable Imports in Turkey
Vinegar-Preserved Vegetable Price in Turkey (FOB) - 2023
The average vinegar-preserved vegetable export price stood at $1,277 per ton in July 2023, surging by 3.6% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.6%. The most prominent rate of growth was recorded in December 2022 an increase of 5.8% m-o-m. The export price peaked at $1,295 per ton in April 2023; afterwards, it flattened through to July 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($2,028 per ton), while the average price for exports to Bulgaria ($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 Switzerland (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.
Vinegar-Preserved Vegetable Price in Turkey (CIF) - 2023
The average vinegar-preserved vegetable import price stood at $1,543 per ton in July 2023, increasing by 25% against the previous month. In general, import price indicated a notable expansion from July 2022 to July 2023: its price increased at an average monthly rate of +2.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, vinegar-preserved vegetable import price decreased by -18.9% against May 2023 indices. The growth pace was the most rapid in May 2023 when the average import price increased by 94% against the previous month. The import price peaked at $2,118 per ton in February 2023; however, from March 2023 to July 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Austria ($8,233 per ton), while the price for Syrian Arab Republic ($516 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Vinegar-Preserved Vegetable Exports in Turkey
For the fourth consecutive year, Turkey recorded growth in shipments abroad of vegetables in vinegar other than potatoes, which increased by 4.9% to 336K tons in 2022. The total export volume increased at an average annual rate of +11.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 17%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, vinegar-preserved vegetable exports rose notably to $356M in 2022. The total export value increased at an average annual rate of +14.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 22% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Vinegar-Preserved Vegetable in Turkey (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 56.9 | 80.9 | 83.8 | 94.0 | 18.2% |
United States | 31.9 | 31.6 | 33.7 | 38.8 | 6.7% |
Netherlands | 36.3 | 50.9 | 48.6 | 34.3 | -1.9% |
United Kingdom | 22.4 | 23.6 | 25.6 | 28.1 | 7.8% |
Belgium | 2.2 | 2.8 | 2.9 | 14.4 | 87.1% |
Romania | 9.3 | 7.6 | 11.4 | 12.9 | 11.5% |
Greece | 5.3 | 5.7 | 8.4 | 11.5 | 29.5% |
Australia | 8.2 | 8.3 | 9.9 | 11.4 | 11.6% |
Bulgaria | 1.9 | 3.2 | 5.0 | 7.7 | 59.4% |
Russia | 1.2 | 2.4 | 4.2 | 7.3 | 82.5% |
France | 4.6 | 4.7 | 5.0 | 7.1 | 15.6% |
Poland | 3.3 | 4.5 | 5.8 | 6.5 | 25.4% |
Spain | 3.3 | 3.8 | 7.1 | 6.4 | 24.7% |
Others | 53.8 | 63.8 | 72.6 | 75.7 | 12.1% |
Total | 241 | 294 | 324 | 356 | 13.9% |
Top Export Markets for Vinegar-Preserved Vegetable from Turkey in 2022:
- Germany (88.7K tons)
- United States (36.8K tons)
- Netherlands (29.7K tons)
- United Kingdom (28.7K tons)
- Romania (13.9K tons)
- Belgium (13.4K tons)
- Australia (10.1K tons)
- Greece (10.0K tons)
- Bulgaria (8.7K tons)
- Russia (8.2K tons)
- Spain (6.8K tons)
- France (6.4K tons)
- Poland (5.8K tons)
Vinegar-Preserved Vegetable Imports in Turkey
In 2022, the amount of vegetables in vinegar other than potatoes imported into Turkey skyrocketed to 2.4K tons, with an increase of 76% compared with the previous year's figure. Overall, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, vinegar-preserved vegetable imports skyrocketed to $3.2M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +17.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Vinegar-Preserved Vegetable in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 387 | 227 | 231 | 995 | 37.0% |
Germany | 394 | 215 | 294 | 801 | 26.7% |
China | 236 | 541 | 369 | 510 | 29.3% |
Belgium | 0.7 | 204 | 1.2 | 251 | 610.4% |
Iran | 66.2 | 132 | 80.2 | 123 | 22.9% |
Spain | 0.6 | 45.0 | 166 | 78.4 | 407.4% |
United States | 73.7 | 232 | 49.0 | 30.0 | -25.9% |
France | 226 | N/A | N/A | N/A | 0% |
Others | 554 | 562 | 689 | 380 | -11.8% |
Total | 1,939 | 2,157 | 1,879 | 3,169 | 17.8% |
Top Suppliers of Vinegar-Preserved Vegetable to Turkey in 2022:
- France (undefined tons)
- Netherlands (903.3 tons)
- Germany (546.0 tons)
- China (475.6 tons)
- Belgium (135.9 tons)
- Iran (113.3 tons)
- Spain (51.0 tons)
- United States (15.3 tons)
This report provides an in-depth analysis of the vinegar-preserved vegetable 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 471 - Vegetables in Vinegar
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
This report provides an in-depth analysis of the vinegar-preserved vegetable market in Turkey.
This report provides an in-depth analysis of the global vinegar-preserved vegetable market.
This report provides an in-depth analysis of the vinegar-preserved vegetable market in Turkey.
This report provides an in-depth analysis of the global vinegar-preserved vegetable market.
During the review period, ‘Vegetables In Vinegar’ exports peaked at 336K tons in 2022 before decreasing the following year. In terms of value, exports amounted to $408M in 2023.
The price of Vegetables In Vinegar in July 2023 was $1,277 per ton (FOB, Turkey), showing a growth of 3.6% compared to the previous month.
Explore the top import markets for vinegar-preserved vegetables in the world. Learn about the key countries driving the growth of this thriving industry.
Turkey continues to lead the way in the global trade of vegetables in vinegar. In 2014, Turkey exported X thousand tons of vegetables in vinegar totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it
During the review period, ‘Vegetables In Vinegar’ exports peaked at 336K tons in 2022 before decreasing the following year. In terms of value, exports amounted to $408M in 2023.
The price of Vegetables In Vinegar in July 2023 was $1,277 per ton (FOB, Turkey), showing a growth of 3.6% compared to the previous month.
In value terms, vegetables, fruits and nuts imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indica...
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In value terms, vegetables, fruits and nuts exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern remained relatively...
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