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Turkey - Cheese And Curd - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

Turkey - Cheese And Curd - Market Analysis, Forecast, Size, Trends And Insights

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Oct 5, 2023

Turkish Cheese and Curd Exports Plummet to $17M in July 2023

Turkey Cheese And Curd Exports

In July 2023, the amount of cheese and curd exported from Turkey expanded slightly to 4K tons, growing by 4.6% on the previous month's figure. The total export volume increased at an average monthly rate of +1.9% from July 2022 to July 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in March 2023 when exports increased by 32% month-to-month.

In value terms, cheese and curd exports shrank to $17M (IndexBox estimates) in July 2023. The total export value increased at an average monthly rate of +1.7% over the period from July 2022 to July 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in March 2023 when exports increased by 38% against the previous month. Turkey Cheese And Curd Exports By Country (Million USD)

COUNTRYExport Value of Cheese And Curd in Turkey (million USD)
Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023May 2023Jun 2023Jul 2023
Iraq4.96.46.06.16.76.32.22.64.66.16.04.75.1
United Arab Emirates1.41.32.31.92.22.72.62.32.31.31.51.82.1
Kuwait0.81.11.21.21.21.80.71.11.70.60.90.91.2
United States0.91.10.80.81.00.90.91.22.01.82.20.81.1
Jordan0.61.00.70.60.70.81.30.61.50.81.11.21.0
Israel0.40.20.70.40.21.20.20.40.71.30.60.90.8
Cyprus0.50.60.70.60.80.60.60.70.60.70.80.60.7
Others4.35.95.85.85.47.06.56.27.45.26.66.64.9
Total13.817.518.217.518.221.415.015.121.017.819.817.616.9

Exports by Country

Iraq (1.2K tons) was the main destination for cheese and curd exports from Turkey, with a 29% share of total exports. Moreover, cheese and curd exports to Iraq exceeded the volume sent to the second major destination, the United Arab Emirates (538 tons), twofold. The third position in this ranking was held by Kuwait (307 tons), with a 7.7% share.

From July 2022 to July 2023, the average monthly rate of growth in terms of volume to Iraq was relatively modest. Exports to the other major destinations recorded the following average monthly rates of exports growth: the United Arab Emirates (+3.7% per month) and Kuwait (+3.5% per month).

In value terms, Iraq ($5.1M) remains the key foreign market for cheese and curd exports from Turkey, comprising 30% of total exports. The second position in the ranking was held by the United Arab Emirates ($2.1M), with a 13% share of total exports. It was followed by Kuwait, with a 7.1% share.

From July 2022 to July 2023, the average monthly rate of growth in terms of value to Iraq was relatively modest. Exports to the other major destinations recorded the following average monthly rates of exports growth: the United Arab Emirates (+3.7% per month) and Kuwait (+3.3% per month).

Exports by Type

Fresh cheese (unripened or uncured cheese), including whey cheese and curd (1.4K tons), cheese, other than blue-veined, grated, powdered or processed (1.2K tons) and processed cheese (excluding grated or powdered) (863 tons) were the main products of cheese and curd exports from Turkey, with a combined 87% share of total exports.

From July 2022 to July 2023, the biggest increases were in fresh cheese (unripened or uncured cheese), including whey cheese and curd (with a CAGR of +4.1%), while shipments for the other products experienced more modest paces of growth.

In value terms, cheese, other than blue-veined, grated, powdered or processed ($6.5M), fresh cheese (unripened or uncured cheese), including whey cheese and curd ($4.6M) and processed cheese (excluding grated or powdered) ($3.1M) appeared to be the most exported types of cheese and curd from Turkey worldwide, with a combined 84% share of total exports.

Among the main product categories, fresh cheese (unripened or uncured cheese), including whey cheese and curd, with a CAGR of +3.4%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other products experienced more modest paces of growth.

Export Prices by Country

In July 2023, the cheese and curd price stood at $4,249 per ton (FOB, Turkey), with a decrease of -8.4% against the previous month. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 5.8% against the previous month. Over the period under review, the average export prices reached the maximum at $4,855 per ton in May 2023; however, from June 2023 to July 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($6,554 per ton), while the average price for exports to Syrian Arab Republic ($1,270 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 Israel (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the cheese and curd 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 901 - Cheese from Whole Cow Milk
  • FCL 904 - Cheese from Skimmed Cow Milk
  • FCL 905 - Whey Cheese
  • FCL 907 - Processed Cheese
  • FCL 955 - Cheese of Buffalo Milk
  • FCL 984 - Cheese of Sheep Milk
  • FCL 1021 - Cheese of Goat Milk

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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