Turkey: Brazil Nut Market 2025

Brazil Nut Market Size in Turkey

In 2021, the Turkish brazil nut market decreased by -9.9% to $X, falling for the second consecutive year after three years of growth. Over the period under review, consumption, however, enjoyed a moderate expansion. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.

Brazil Nut Production in Turkey

In value terms, brazil nut production declined slightly to $X in 2021 estimated in export price. In general, the total production indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +4.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +53.0% against 2016 indices. The pace of growth appeared the most rapid in 2019 when the production volume increased by 48% against the previous year. Brazil nut production peaked at $X in 2020, and then dropped in the following year.

Brazil Nut Exports

Exports from Turkey

In 2021, overseas shipments of brazil nuts increased by 150% to X tons, rising for the third consecutive year after six years of decline. Over the period under review, exports, however, showed a relatively flat trend pattern. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, brazil nut exports soared to $X in 2021. In general, exports posted a prominent increase. The growth pace was the most rapid in 2019 when exports increased by 262% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

Qatar (X tons) was the main destination for brazil nut exports from Turkey, accounting for a 98% share of total exports. It was followed by Sri Lanka (X kg), with a 1.5% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Qatar was relatively modest.

In value terms, Qatar ($X) remains the key foreign market for brazil nut exports from Turkey, comprising 99% of total exports. The second position in the ranking was held by Sri Lanka ($X), with a 0.3% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Qatar stood at +8.4%.

Export Prices by Country

In 2021, the average brazil nut export price amounted to $X per ton, increasing by 1.9% against the previous year. In general, the export price enjoyed prominent growth. The growth pace was the most rapid in 2019 when the average export price increased by 99% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Qatar ($X per ton), while the average price for exports to Sri Lanka totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+9.0%).

Brazil Nut Imports

Imports into Turkey

In 2019, the amount of brazil nuts imported into Turkey surged to X tons, growing by 33,088% on 2018 figures. Overall, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, brazil nut imports surged to $X in 2019. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2019, the United States (X tons) was the main supplier of brazil nut to Turkey, with a 98% share of total imports. It was followed by Belgium (X kg), with a 2% share of total imports.

From 2018 to 2019, the average annual growth rate of volume from the United States was relatively modest.

In value terms, the United States ($X) constituted the largest supplier of brazil nut to Turkey, comprising 79% of total imports. The second position in the ranking was taken by Belgium ($X), with a 21% share of total imports.

From 2018 to 2019, the average annual rate of growth in terms of value from the United States was relatively modest.

Import Prices by Country

In 2019, the average brazil nut import price amounted to $X per ton, reducing by -27.6% against the previous year. Overall, the import price recorded a sharp decrease. The import price peaked at $X per ton in 2018, and then fell remarkably in the following year.

Prices varied noticeably country of origin: the country with the highest price was Belgium ($X per ton), while the price for the United States amounted to $X per ton.

From 2018 to 2019, the most notable rate of growth in terms of prices was attained by the United States (0.0%).

Source: IndexBox Platform

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