Turkey: Concentrated Grapefruit Juice Market 2022

Concentrated Grapefruit Juice Market Size in Turkey

The Turkish concentrated grapefruit juice market surged to $X in 2021, increasing by 261% against the previous year. Over the period under review, consumption, however, recorded a abrupt shrinkage. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Concentrated Grapefruit Juice Production in Turkey

In value terms, concentrated grapefruit juice production totaled $X in 2021 estimated in export price. In general, production enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by 1,529%. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

Concentrated Grapefruit Juice Exports

Exports from Turkey

In 2021, concentrated grapefruit juice exports from Turkey declined modestly to X tons, with a decrease of -3.7% against the previous year's figure. In general, exports, however, enjoyed a resilient increase. The pace of growth was the most pronounced in 2016 with an increase of 311% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, concentrated grapefruit juice exports reduced to $X in 2021. Over the period under review, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2016 when exports increased by 1,254%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Japan (X tons) was the main destination for concentrated grapefruit juice exports from Turkey, accounting for a 83% share of total exports. Moreover, concentrated grapefruit juice exports to Japan exceeded the volume sent to the second major destination, the Netherlands (X tons), more than tenfold. The third position in this ranking was taken by China (X tons), with a 4.1% share.

From 2012 to 2021, the average annual growth rate of volume to Japan totaled +15.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+7.2% per year) and China (0.0% per year).

In value terms, Japan ($X) remains the key foreign market for concentrated grapefruit juice exports from Turkey, comprising 90% of total exports. The second position in the ranking was held by China ($X), with a 2.7% share of total exports. It was followed by the Netherlands, with a 2.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Japan stood at +8.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (0.0% per year) and the Netherlands (+3.8% per year).

Export Prices by Country

The average concentrated grapefruit juice export price stood at $X per ton in 2021, flattening at the previous year. In general, the export price, however, posted a buoyant expansion. The pace of growth was the most pronounced in 2016 an increase of 229% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Japan ($X per ton), while the average price for exports to Azerbaijan ($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 Spain (+90.6%), while the prices for the other major destinations experienced mixed trend patterns.

Concentrated Grapefruit Juice Imports

Imports into Turkey

In 2021, approx. X tons of concentrated grapefruit juice were imported into Turkey; with a decrease of -8.1% against the previous year's figure. In general, imports, however, posted a modest expansion. The pace of growth was the most pronounced in 2020 when imports increased by 278%. As a result, imports reached the peak of X tons, and then reduced in the following year.

In value terms, concentrated grapefruit juice imports dropped to $X in 2021. Over the period under review, imports, however, showed a mild expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 168% against the previous year. As a result, imports attained the peak of $X, and then dropped in the following year.

Imports by Country

In 2021, Israel (X tons) constituted the largest supplier of concentrated grapefruit juice to Turkey, accounting for a 87% share of total imports. Moreover, concentrated grapefruit juice imports from Israel exceeded the figures recorded by the second-largest supplier, Cyprus (X tons), eightfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Israel amounted to +10.9%.

In value terms, Israel ($X) constituted the largest supplier of concentrated grapefruit juice to Turkey, comprising 81% of total imports. The second position in the ranking was held by Cyprus ($X), with an 18% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Israel stood at +9.5%.

Import Prices by Country

The average concentrated grapefruit juice import price stood at $X per ton in 2021, declining by -7% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average import price increased by 55% against the previous year. As a result, import price attained the peak level of $X per ton. From 2020 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Cyprus ($X per ton), while the price for Israel totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Cyprus (+5.1%).

Source: IndexBox Platform

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