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Turkey - Sorbitol (Excluding D-Glucitol) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2025

Turkey - Sorbitol (Excluding D-Glucitol) - Market Analysis, Forecast, Size, Trends And Insights

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Jun 23, 2023

Sorbitol Price in Turkey Drops 4% to $743 per Ton After Three Consecutive Months of Contraction

Turkey Sorbitol Export Price in January 2023

In January 2023, the sorbitol price amounted to $743 per ton (FOB, Turkey), with a decrease of -3.6% against the previous month. In general, the export price, however, recorded a mild increase. The pace of growth appeared the most rapid in April 2022 when the average export price increased by 13% against the previous month. Over the period under review, the average export prices reached the peak figure at $831 per ton in June 2022; however, from July 2022 to January 2023, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In January 2023, the countries with the highest prices were Azerbaijan ($849 per ton) and El Salvador ($836 per ton), while the average price for exports to Egypt ($650 per ton) and Nigeria ($684 per ton) were amongst the lowest.

From January 2022 to January 2023, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.

COUNTRYExport Price of Sorbitol in Turkey (USD per ton)
Jan 2022Feb 2022Mar 2022Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023
Azerbaijan1,003785N/A789789808780799943766900N/A849
El SalvadorN/AN/AN/AN/A800N/AN/A775N/AN/AN/AN/A836
Costa RicaN/AN/AN/AN/A800N/AN/A787N/A775N/AN/A807
Algeria9026847707528208428237589508188321,292802
Serbia736640747800794810N/A810780699600800800
HondurasN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A778
BrazilN/A770776756782N/A794795N/AN/AN/AN/A758
Argentina620N/AN/AN/AN/AN/AN/AN/AN/A746N/AN/A752
Ecuador818N/AN/A776800817N/AN/A835N/AN/AN/A743
JordanN/AN/A799N/AN/AN/AN/A721705N/AN/A758726
Uruguay550N/A810N/A810N/AN/A810N/AN/A700N/A700
Nigeria564539568N/AN/AN/AN/A687669671688665684
Egypt620N/A654764782748787777N/AN/A713650650
Average660683671762815831824830752791777771743

Turkey Sorbitol Exports

In January 2023, shipments abroad of sorbitol (excluding d-glucitol) decreased by -45.6% to 1.4K tons for the first time since September 2022, thus ending a three-month rising trend. Overall, exports continue to indicate a abrupt downturn. The growth pace was the most rapid in August 2022 with an increase of 66% month-to-month.

In value terms, sorbitol exports shrank significantly to $1.1M (IndexBox estimates) in January 2023. In general, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in August 2022 when exports increased by 68% month-to-month.

Turkey Sorbitol Exports by Country

Nigeria (360 tons), Egypt (312 tons) and Algeria (193 tons) were the main destinations of sorbitol exports from Turkey, together comprising 61% of total exports. These countries were followed by Brazil, Serbia, Argentina, Azerbaijan, Jordan, Honduras, Ecuador, Costa Rica, Uruguay and El Salvador, which together accounted for a further 28%.

From January 2022 to January 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Brazil (with a CAGR of +13.4%), while the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($246K), Egypt ($203K) and Algeria ($155K) were the largest markets for sorbitol exported from Turkey worldwide, with a combined 57% share of total exports. Brazil, Serbia, Argentina, Azerbaijan, El Salvador, Costa Rica, Honduras, Ecuador, Jordan and Uruguay lagged somewhat behind, together accounting for a further 29%.

In terms of the main countries of destination, Brazil, with a CAGR of +13.3%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sorbitol 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 20595770 - Sorbitol (excluding D-glucitol)

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 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    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 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption In 2012-2024
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country Of Origin, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country Of Destination, 2012–2024

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
    5. Trade Balance, In Physical Terms, 2012-2024
    6. Trade Balance, In Value Terms, 2012-2024
    7. Per Capita Consumption, 2012-2024
    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, 2012–2024
    22. Production, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, 2012–2024
    24. Imports, In Value Terms, 2012–2024
    25. Imports, In Physical Terms, By Country, 2024
    26. Imports, In Physical Terms, By Country, 2012–2024
    27. Imports, In Value Terms, By Country, 2012–2024
    28. Import Prices, By Country Of Origin, 2012–2024
    29. Exports, In Physical Terms, 2012–2024
    30. Exports, In Value Terms, 2012–2024
    31. Exports, In Physical Terms, By Country, 2024
    32. Exports, In Physical Terms, By Country, 2012–2024
    33. Exports, In Value Terms, By Country, 2012–2024
    34. Export Prices, By Country Of Destination, 2012–2024

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