Turkey: Almond Market 2025

Almond Market Size in Turkey

After two years of growth, the Turkish almond market decreased by -13.2% to $X in 2021. Over the period under review, the total consumption indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +5.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +74.6% against 2014 indices. As a result, consumption attained the peak level of $X, and then fell in the following year.

Almond Production in Turkey

In value terms, almond production declined remarkably to $X in 2021 estimated in export price. Over the period under review, production, however, enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 204% against the previous year. Over the period under review, production reached the maximum level at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

In 2021, the average yield of almonds in Turkey reached X tons per ha, surging by 2.3% compared with the previous year. In general, the yield, however, recorded a mild contraction. The most prominent rate of growth was recorded in 2019 when the yield increased by 34%. Over the period under review, the average almond yield reached the peak level at X tons per ha in 2012; however, from 2013 to 2021, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The almond harvested area in Turkey reduced to X ha in 2021, which is down by -5% compared with the year before. Overall, the harvested area, however, showed a prominent increase. The pace of growth appeared the most rapid in 2018 with an increase of 20% against the previous year. Over the period under review, the harvested area dedicated to almond production reached the maximum at X ha in 2020, and then fell in the following year.

Almond Exports

Exports from Turkey

In 2021, overseas shipments of almonds increased by 55% to X tons, rising for the second year in a row after four years of decline. Over the period under review, exports showed a significant expansion. The pace of growth appeared the most rapid in 2015 with an increase of 14,741%. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, almond exports skyrocketed to $X in 2021. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 16,754% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Libya (X tons), Iraq (X tons) and Azerbaijan (X tons) were the main destinations of almond exports from Turkey, together comprising 96% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Iraq (with a CAGR of +72.5%), while the other leaders experienced mixed trend patterns.

In value terms, Libya ($X), Iraq ($X) and Azerbaijan ($X) appeared to be the largest markets for almond exported from Turkey worldwide, together comprising 96% of total exports.

Iraq, with a CAGR of +95.9%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average almond export price amounted to $X per ton, with a decrease of -8.9% against the previous year. Overall, the export price, however, posted a mild increase. The pace of growth was the most pronounced in 2020 when the average export price increased by 108% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2021, the country with the highest price was Libya ($X per ton), while the average price for exports to Iraq ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+13.6%), while the prices for the other major destinations experienced a decline.

Almond Imports

Imports into Turkey

In 2021, approx. X tons of almonds were imported into Turkey; reducing by -31.5% on the previous year. Overall, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2016 when imports increased by 256% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, almond imports fell rapidly to $X in 2021. Over the period under review, imports recorded a abrupt slump. The growth pace was the most rapid in 2016 when imports increased by 116%. Imports peaked at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the United States (X tons) was the main almond supplier to Turkey, with a 97% share of total imports. It was followed by Australia (X tons), with a 1.7% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States stood at -8.1%.

In value terms, the United States ($X) constituted the largest supplier of almond to Turkey, comprising 98% of total imports. The second position in the ranking was taken by Australia ($X), with a 1.7% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States totaled -6.4%.

Import Prices by Country

In 2021, the average almond import price amounted to $X per ton, rising by 2.4% against the previous year. Overall, import price indicated mild growth from 2012 to 2021: its price increased at an average annual rate of +1.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, almond import price decreased by -19.9% against 2018 indices. The pace of growth appeared the most rapid in 2015 when the average import price increased by 59% against the previous year. As a result, import price reached the peak level of $X per ton. From 2016 to 2021, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for Australia amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+2.1%).

Source: IndexBox Platform

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