Turkey: Concentrated Apple Juice Market 2024

Concentrated Apple Juice Market Size in Turkey

The Turkish concentrated apple juice market dropped rapidly to $X in 2021, reducing by -59.5% against the previous year. Over the period under review, consumption saw a abrupt setback. Concentrated apple juice consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Concentrated Apple Juice Production in Turkey

In value terms, concentrated apple juice production dropped to $X in 2021 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the production volume increased by 17% against the previous year. Concentrated apple juice production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Concentrated Apple Juice Exports

Exports from Turkey

Concentrated apple juice exports from Turkey surged to X tons in 2021, growing by 48% against 2020 figures. In general, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, concentrated apple juice exports skyrocketed to $X in 2021. Over the period under review, exports posted a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for concentrated apple juice exports from Turkey, with a 63% share of total exports. Moreover, concentrated apple juice exports to the United States exceeded the volume sent to the second major destination, the Netherlands (X tons), sixfold. The UK (X tons) ranked third in terms of total exports with a 3.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States stood at +139.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+6.8% per year) and the UK (+5.0% per year).

In value terms, the United States ($X) remains the key foreign market for concentrated apple juice exports from Turkey, comprising 64% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 9.7% share of total exports. It was followed by the UK, with a 3.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States stood at +123.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+1.8% per year) and the UK (+0.1% per year).

Export Prices by Country

In 2021, the average concentrated apple juice export price amounted to $X per ton, growing by 2.4% against the previous year. Overall, the export price, however, showed a pronounced setback. The most prominent rate of growth was recorded in 2018 when the average export price increased by 12% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to India ($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 Russia (+2.8%), while the prices for the other major destinations experienced a decline.

Concentrated Apple Juice Imports

Imports into Turkey

In 2021, imports of concentrated apple juice into Turkey surged to X tons, with an increase of 88% on the previous year's figure. In general, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2015 with an increase of 309% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, concentrated apple juice imports surged to $X in 2021. Overall, imports showed a significant expansion. The growth pace was the most rapid in 2015 with an increase of 379%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

China (X tons), Iran (X tons) and Poland (X kg) were the main suppliers of concentrated apple juice imports to Turkey, together accounting for 98% of total imports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +59.4%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, China ($X) constituted the largest supplier of concentrated apple juice to Turkey, comprising 78% of total imports. The second position in the ranking was held by Iran ($X), with a 19% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +57.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Iran (+27.2% per year) and Poland (-88.0% per year).

Import Prices by Country

The average concentrated apple juice import price stood at $X per ton in 2021, which is down by -16.1% against the previous year. Overall, the import price, however, enjoyed strong growth. The growth pace was the most rapid in 2013 when the average import price increased by 136% against the previous year. The import price peaked at $X per ton in 2020, and then shrank notably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Iran ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Iran (+7.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :