Turkey: Frozen Orange Juice Market 2020

Frozen Orange Juice Market Size in Turkey

The revenue of the frozen orange juice market in Turkey amounted to $X in 2018, shrinking by -X% against the previous year. Overall, frozen orange juice consumption continues to indicate a drastic drop. The growth pace was the most rapid in 2014 when the market value increased by X% against the previous year. Over the period under review, the frozen orange juice market attained its peak figure level at $X in 2007; however, from 2008 to 2018, consumption failed to regain its momentum.

Frozen Orange Juice Production in Turkey

In value terms, frozen orange juice production totaled $X in 2018 estimated in export prices. Overall, frozen orange juice production continues to indicate a significant shrinkage. The most prominent rate of growth was recorded in 2015 when production volume increased by X% y-o-y. Over the period under review, frozen orange juice production attained its maximum level at $X in 2009; however, from 2010 to 2018, production stood at a somewhat lower figure.

Frozen Orange Juice Exports

Exports from Turkey

Frozen orange juice exports from Turkey stood at X tons in 2018, reducing by -X% against the previous year. In general, frozen orange juice exports, however, continue to indicate strong growth. The growth pace was the most rapid in 2014 with an increase of X% year-to-year. Over the period under review, frozen orange juice exports reached their peak figure at X tons in 2016; however, from 2017 to 2018, exports stood at a somewhat lower figure.

In value terms, frozen orange juice exports totaled $X in 2018. In general, frozen orange juice exports, however, continue to indicate a remarkable expansion. The pace of growth appeared the most rapid in 2014 with an increase of X% year-to-year. Over the period under review, frozen orange juice exports attained their maximum at $X in 2016; however, from 2017 to 2018, exports failed to regain their momentum.

Exports by Country

The Netherlands (X tons) was the main destination for frozen orange juice exports from Turkey, accounting for a X% share of total exports. Moreover, frozen orange juice exports to the Netherlands exceeded the volume sent to the second major destination, the U.S. (X tons), threefold. Kuwait (X tons) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual growth rate of volume to the Netherlands totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (-X% per year) and Kuwait (+X% per year).

In value terms, the Netherlands ($X) remains the key foreign market for frozen orange juice exports from Turkey, comprising X% of total frozen orange juice exports. The second position in the ranking was occupied by South Korea ($X), with a X% share of total exports. It was followed by Kuwait, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to the Netherlands amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+X% per year) and Kuwait (+X% per year).

Export Prices by Country

The average frozen orange juice export price stood at $X per ton in 2018, surging by X% against the previous year. Overall, the frozen orange juice export price continues to indicate resilient growth. The pace of growth appeared the most rapid in 2015 an increase of X% y-o-y. The export price peaked in 2018 and is likely to see steady growth in the near future.

Prices varied noticeably by the country of destination; the country with the highest price was South Korea ($X per ton), while the average price for exports to Togo ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Italy, while the prices for the other major destinations experienced more modest paces of growth.

Frozen Orange Juice Imports

Imports into Turkey

In 2018, the imports of frozen unconcentrated orange juice into Turkey amounted to X tons, going up by X% against the previous year. Overall, frozen orange juice imports, however, continue to indicate a deep shrinkage. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, frozen orange juice imports attained their peak figure at X tons in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

In value terms, frozen orange juice imports stood at $X in 2018. Overall, frozen orange juice imports, however, continue to indicate a deep deduction. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, frozen orange juice imports attained their maximum at $X in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, Free Zones (X tons) constituted the largest frozen orange juice supplier to Turkey, with a X% share of total imports. Moreover, frozen orange juice imports from Free Zones exceeded the figures recorded by the second-largest supplier, Cyprus (X tons), threefold. The third position in this ranking was occupied by Brazil (X tons), with a X% share.

From 2007 to 2018, the average annual growth rate of volume from Free Zones stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Cyprus (+X% per year) and Brazil (-X% per year).

In value terms, Free Zones ($X), Cyprus ($X) and Brazil ($X) constituted the largest frozen orange juice suppliers to Turkey, with a combined X% share of total imports. Italy and the Netherlands lagged somewhat behind, together accounting for a further X experienced the highest growth rate of imports, among the main suppliers over the last eleven years, while the other leaders experienced mixed trend patterns.

Import Prices by Country

The average frozen orange juice import price stood at $X per ton in 2018, increasing by X% against the previous year. Over the period under review, the frozen orange juice import price, however, continues to indicate a moderate drop. The most prominent rate of growth was recorded in 2011 an increase of X% y-o-y. The import price peaked at $X per ton in 2007; however, from 2008 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Italy ($X per ton), while the price for Free Zones ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Italy, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform