Turkey - Vegetables In Vinegar - Market Analysis, Forecast, Size, Trends and Insights
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View PricingIn 2024, Turkey's Export of Vegetables in Vinegar Reaches $407 Million
Turkey Vegetables In Vinegar Exports
In 2024, overseas shipments of vegetables in vinegar other than potatoes decreased by -5.4% to 300K tons, falling for the second year in a row after seven years of growth. In general, total exports indicated a perceptible expansion from 2014 to 2024: its volume increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, exports decreased by -10.7% against 2022 indices. The most prominent rate of growth was recorded in 2020 with an increase of 17% against the previous year. The exports peaked at 336K tons in 2022; however, from 2023 to 2024, the exports stood at a somewhat lower figure.
In value terms, vinegar-preserved vegetable exports fell to $407M (IndexBox estimates) in 2024. Over the period under review, total exports indicated a buoyant expansion from 2014 to 2024: its value increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, exports increased by +88.2% against 2015 indices. The pace of growth appeared the most rapid in 2020 with an increase of 22% against the previous year. Over the period under review, the exports hit record highs at $408M in 2023, and then reduced slightly in the following year.
| COUNTRY | Export Value of Vegetables In Vinegar in Turkey (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
| Germany | 61.6 | 59.0 | 56.6 | 61.4 | 60.2 | 56.9 | 80.9 | 83.7 | 94.0 | 111 | 110 |
| United States | 28.4 | 30.1 | 33.2 | 32.8 | 30.7 | 31.9 | 31.6 | 33.6 | 38.8 | 40.5 | 40.0 |
| Netherlands | 37.0 | 30.7 | 38.5 | 38.2 | 33.7 | 36.3 | 50.9 | 48.6 | 34.3 | 39.6 | 39.7 |
| United Kingdom | 17.1 | 17.2 | 17.8 | 18.8 | 23.3 | 22.4 | 23.6 | 25.5 | 28.1 | 32.6 | 32.2 |
| Romania | 3.7 | 4.3 | 5.0 | 5.2 | 5.9 | 9.3 | 7.6 | 11.4 | 12.9 | 15.2 | 15.0 |
| Greece | 4.0 | 4.2 | 4.5 | 4.3 | 5.1 | 5.3 | 5.7 | 8.4 | 11.5 | 12.8 | 12.6 |
| Australia | 8.8 | 8.5 | 8.6 | 8.0 | 8.7 | 8.2 | 8.2 | 9.9 | 11.4 | 12.3 | 12.1 |
| Switzerland | 9.8 | 8.2 | 8.3 | 8.2 | 8.9 | 7.4 | 8.3 | 7.6 | 7.1 | 9.2 | 9.1 |
| Others | 71.3 | 54.1 | 56.0 | 56.0 | 60.4 | 62.9 | 77.0 | 95.2 | 118 | 135 | 137 |
| Total | 242 | 216 | 229 | 233 | 237 | 241 | 294 | 324 | 356 | 408 | 407 |
Exports by Country
Germany (76K tons) was the main destination for vinegar-preserved vegetable exports from Turkey, accounting for a 25% share of total exports. Moreover, vinegar-preserved vegetable exports to Germany exceeded the volume sent to the second major destination, the United States (33K tons), twofold. the Netherlands (30K tons) ranked third in terms of total exports with a 10% share.
From 2014 to 2024, the average annual rate of growth in terms of volume to Germany totaled +4.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+1.7% per year) and the Netherlands (+2.0% per year).
In value terms, Germany ($110M) remains the key foreign market for vegetables in vinegar other than potatoes exports from Turkey, comprising 27% of total exports. The second position in the ranking was taken by the United States ($40M), with a 9.8% share of total exports. It was followed by the Netherlands, with a 9.8% share.
From 2014 to 2024, the average annual rate of growth in terms of value to Germany totaled +6.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+3.5% per year) and the Netherlands (+0.7% per year).
Export Prices by Country
In 2024, the vegetables in vinegar price amounted to $1,356 per ton (FOB, Turkey), rising by 5.5% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2023 an increase of 21% against the previous year. Over the period under review, the average export prices attained the peak figure in 2024 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2024, amid the top suppliers, the country with the highest price was Switzerland ($2,167 per ton), while the average price for exports to Bulgaria ($1,203 per ton) was amongst the lowest.
From 2014 to 2024, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.
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 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- 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 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
