We use cookies to improve your experience and for marketing. Read our cookie policy or manage cookies.

Accept essential cookies
Accept all cookies
Turkey - Sweet Biscuits Without Chocolate - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

Turkey - Sweet Biscuits Without Chocolate - Market Analysis, Forecast, Size, Trends And Insights

Single report
Sent by email within 24h (Mon-Fri)
What's the difference?
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing
May 17, 2023

Turkey's Sweet Biscuit Price Increases 3% to New Record of $2,546 per Ton

Turkey Sweet Biscuit Export Price in January 2023

In January 2023, the sweet biscuit price amounted to $2,546 per ton (FOB, Turkey), picking up by 2.8% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.7%. The pace of growth appeared the most rapid in August 2022 an increase of 7.4% m-o-m. Over the period under review, the average export prices hit record highs in January 2023.

There were significant differences in the average prices for the major overseas markets. In January 2023, the country with the highest price was Saudi Arabia ($3,892 per ton), while the average price for exports to Syrian Arab Republic ($1,748 per ton) was amongst the lowest.

From January 2022 to January 2023, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.

COUNTRYExport Price of Sweet Biscuit in Turkey (USD per ton)
Jan 2022Feb 2022Mar 2022Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023
Saudi ArabiaN/AN/AN/AN/AN/A2,1934,1383,8274,0324,3963,5953,7173,892
Libya1,8771,8403,1022,7952,3193,6821,2323,0183,3063,8663,3323,1853,650
Germany2,5702,9322,6612,1952,8002,8772,9863,1432,6732,8843,2032,9713,551
Azerbaijan2,1842,6632,5332,5842,7442,6962,5622,8142,7172,7162,9672,9193,100
Israel2,0122,5842,3012,4611,6532,4133,3272,6862,9482,0272,5812,1072,859
Palestine2,1043,1602,5592,3082,4882,5261,4652,6062,4012,5992,1932,1692,742
Lebanon2,2412,2662,3812,3892,5022,2592,0832,2942,3262,2202,3502,2952,618
United Arab Emirates2,4143,2022,5563,1612,4062,5192,4222,8592,8972,5542,4162,5152,534
Iraq2,1562,0081,9191,8741,9552,0681,8462,0062,0812,2252,2352,4392,513
Romania1,4351,7951,5661,5131,7571,6471,9391,9432,0611,9482,3821,8902,086
Yemen1,7861,8061,9331,8801,8451,9051,7562,0021,8081,9632,1992,0031,972
Oman1,8141,9861,7941,8171,8091,8891,8362,0351,9301,9452,6192,2451,961
Syrian Arab Republic1,4741,5091,5361,6681,6301,6401,7001,6311,7361,7071,7121,7151,748
Average2,0682,1342,1292,0992,1662,2102,1462,3052,3072,3802,4262,4772,546

Turkey Sweet Biscuit Exports

In January 2023, shipments abroad of sweet biscuits decreased by -28.9% to 14K tons for the first time since July 2022, thus ending a five-month rising trend. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in June 2022 when exports increased by 50% month-to-month.

In value terms, sweet biscuit exports fell rapidly to $35M (IndexBox estimates) in January 2023. In general, total exports indicated temperate growth from January 2022 to January 2023: its value increased at an average monthly rate of +2.6% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2023 figures, exports decreased by -26.9% against December 2022 indices. The pace of growth was the most pronounced in June 2022 when exports increased by 53% m-o-m.

Turkey Sweet Biscuit Exports by Country

Iraq (1.9K tons), Yemen (1.8K tons) and Oman (814 tons) were the main destinations of sweet biscuit exports from Turkey, together comprising 33% of total exports. Syrian Arab Republic, Lebanon, Azerbaijan, Romania, Israel, Libya, Germany, Saudi Arabia, Palestine and the United Arab Emirates lagged somewhat behind, together accounting for a further 32%.

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 Saudi Arabia (with a CAGR of +34.0%), while the other leaders experienced more modest paces of growth.

In value terms, Iraq ($4.7M), Yemen ($3.6M) and Oman ($1.6M) were the largest markets for sweet biscuit exported from Turkey worldwide, with a combined 28% share of total exports. These countries were followed by Azerbaijan, Saudi Arabia, Libya, Germany, Israel, Lebanon, Syrian Arab Republic, Romania, Palestine and the United Arab Emirates, which together accounted for a further 35%.

In terms of the main countries of destination, Saudi Arabia, with a CAGR of +45.4%, saw 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 sweet biscuit 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 10721255 - Sweet biscuits (including sandwich biscuits, excluding those completely or partially coated or covered with chocolate or other preparations containing cocoa)

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

Recommended posts

Free Data: Sweet Biscuits - Turkey
Table
Sweet Biscuits - Turkey - Table
Dashboard
Sweet Biscuits - Turkey - Dashboard
Report
Sweet Biscuits - Turkey - Report