Turkey - Frozen Fruits - Market Analysis, Forecast, Size, Trends and Insights
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View PricingThe Price of Turkey's Frozen Fruit Drops to $2,606 per Ton
Turkey Frozen Fruit Export Price in March 2023
In March 2023, the frozen fruit price stood at $2,606 per ton (FOB, Turkey), waning by -4.8% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in October 2022 an increase of 13% month-to-month. The export price peaked at $2,738 per ton in February 2023, and then fell modestly in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Portugal ($4,652 per ton), while the average price for exports to Serbia ($1,812 per ton) was amongst the lowest.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+19.8%), while the prices for the other major destinations experienced more modest paces of growth.
COUNTRY | Export Price of Frozen Fruit in Turkey (USD per ton) | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | |
Portugal | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 1,889 | N/A | N/A | N/A | 4,172 | 4,652 |
United Kingdom | 2,984 | 4,259 | 3,731 | 3,902 | 2,611 | 3,107 | 2,863 | 2,994 | 2,810 | 4,163 | 3,103 | 4,170 | 4,465 |
Japan | 2,872 | 2,760 | 2,624 | 1,932 | 2,967 | 2,490 | 2,434 | 2,646 | 1,644 | 2,774 | 1,972 | 2,331 | 3,188 |
South Korea | 2,236 | 2,088 | 2,202 | 1,754 | 2,582 | 2,678 | 2,276 | 2,151 | 2,457 | 2,041 | 2,496 | 2,548 | 3,177 |
United States | 2,858 | 2,797 | 2,799 | 2,607 | 3,054 | 3,003 | 2,500 | 3,144 | 3,335 | 3,149 | 3,086 | 3,550 | 3,038 |
France | 2,154 | 2,329 | 1,950 | 2,386 | 2,822 | 2,931 | 1,759 | 3,028 | 2,499 | 2,686 | 2,988 | 1,968 | 2,462 |
Canada | 2,229 | 1,974 | 1,883 | 1,937 | 1,831 | 1,901 | 2,311 | 2,717 | 2,381 | 2,242 | 2,626 | 2,054 | 2,417 |
Italy | 2,497 | 2,204 | 2,086 | 1,812 | 1,532 | 1,984 | 2,868 | 1,935 | 2,209 | 2,246 | 2,890 | 2,086 | 2,235 |
Taiwan (Chinese) | 5,192 | 6,210 | 2,216 | 2,065 | 2,125 | 2,136 | 2,125 | 2,172 | 2,184 | 2,232 | 2,269 | 2,066 | 2,235 |
Germany | 2,187 | 2,466 | 2,517 | 2,547 | 2,482 | 2,223 | 1,908 | 1,916 | 2,263 | 2,111 | 2,189 | 2,627 | 2,200 |
Belgium | 2,391 | 2,174 | 2,061 | 1,726 | 1,531 | 1,681 | 2,332 | 1,632 | 1,883 | 2,067 | 2,390 | 2,913 | 1,945 |
Netherlands | 1,848 | 1,764 | 1,894 | 1,288 | 1,304 | 1,701 | 1,478 | 1,379 | 1,504 | 1,965 | 1,655 | 1,807 | 1,880 |
Serbia | 1,916 | 1,732 | 2,465 | 1,478 | 2,477 | 2,409 | 2,069 | 2,491 | N/A | 1,652 | 2,210 | 2,351 | 1,812 |
Average | 2,338 | 2,558 | 2,402 | 2,346 | 2,425 | 2,554 | 2,309 | 2,616 | 2,503 | 2,557 | 2,644 | 2,738 | 2,606 |
Turkey Frozen Fruit Export Prices by Type
There were significant differences in the average prices for the major types of exported product. In March 2023, the product with the highest price was frozen raspberries, blackberries, mulberries, loganberries, black-, white- or red currants and gooseberries ($5,758 per ton), while the average price for exports of frozen strawberries ($2,369 per ton) was amongst the lowest.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was recorded for the following types: frozen fruits and nuts (excluding strawberries, raspberries, blackberries, mulberries, loganberries, black, white or red currants, and gooseberries) (+1.2%), while the prices for the other products experienced mixed trend patterns.
Turkey Frozen Fruit Exports
In March 2023, shipments abroad of frozen fruits increased by 9.3% to 3.7K tons, rising for the second consecutive month after two months of decline. In general, exports, however, showed a slight setback. The most prominent rate of growth was recorded in June 2022 with an increase of 52% against the previous month.
In value terms, frozen fruit exports rose modestly to $9.6M (IndexBox estimates) in March 2023. Over the period under review, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in June 2022 with an increase of 48% against the previous month.
Turkey Frozen Fruit Exports by Type
Frozen fruits and nuts (excluding strawberries, raspberries, blackberries, mulberries, loganberries, black, white or red currants, and gooseberries) (1.8K tons), frozen strawberries (1.8K tons) and frozen raspberries, blackberries, mulberries, loganberries, black-, white- or red currants and gooseberries (18 tons) were the main products of frozen fruit exports from Turkey.
From March 2022 to March 2023, the most notable rate of growth in terms of shipments, amongst the major product types, was attained by frozen raspberries, blackberries, mulberries, loganberries, black-, white- or red currants and gooseberries (with a CAGR of +31.4%), while the other products experienced mixed trend patterns.
In value terms, frozen fruits and nuts (excluding strawberries, raspberries, blackberries, mulberries, loganberries, black, white or red currants, and gooseberries) ($5.2M), frozen strawberries ($4.3M) and frozen raspberries, blackberries, mulberries, loganberries, black-, white- or red currants and gooseberries ($106K) appeared to be the most exported types of frozen fruits from Turkey worldwide.
Frozen raspberries, blackberries, mulberries, loganberries, black-, white- or red currants and gooseberries, with a CAGR of +31.2%, saw the highest growth rate of the value of exports, among the main product categories over the period under review, while shipments for the other products experienced mixed trend patterns.
Turkey Frozen Fruit Exports by Country
The United States (558 tons), Germany (547 tons) and Canada (420 tons) were the main destinations of frozen fruit exports from Turkey, together accounting for 41% of total exports. Italy, the UK, the Netherlands, Belgium, France, Japan, Taiwan (Chinese), Serbia, Portugal and South Korea lagged somewhat behind, together accounting for a further 51%.
From March 2022 to March 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Portugal (with a CAGR of +490.2%), while the other leaders experienced more modest paces of growth.
In value terms, the United States ($1.7M), the UK ($1.5M) and Germany ($1.2M) constituted the largest markets for frozen fruit exported from Turkey worldwide, together comprising 46% of total exports. These countries were followed by Canada, Italy, France, the Netherlands, Belgium, Japan, Portugal, Taiwan (Chinese), Serbia and South Korea, which together accounted for a further 48%.
Portugal, with a CAGR of +606.8%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the frozen fruit 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:
- Prodcom 10392100 - Frozen fruit and nuts uncooked or cooked by steaming or boiling in water
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