Report Update Nov 1, 2024

Turkey - Grape Must - Market Analysis, Forecast, Size, Trends and Insights

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Turkey: Grape Must Market 2024

Grape Must Market Size in Turkey

The Turkish grape must market reached $X in 2021, remaining stable against the previous year. In general, consumption, however, showed a relatively flat trend pattern. Grape must consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Grape Must Production in Turkey

In value terms, grape must production reached $X in 2021 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the production volume increased by 34%. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Grape Must Exports

Exports from Turkey

In 2021, the amount of grape must exported from Turkey skyrocketed to X litres, jumping by 739% compared with the previous year. In general, exports, however, showed a abrupt slump. The exports peaked at X litres in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, grape must exports soared to $X in 2021. Over the period under review, exports, however, continue to indicate a deep setback. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X litres), Iraq (X litres) and Oman (X litres) were the main destinations of grape must exports from Turkey, together comprising 99% of total exports.

From 2012 to 2021, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +3.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Iraq ($X), the United Arab Emirates ($X) and Oman ($X) appeared to be the largest markets for grape must exported from Turkey worldwide, together accounting for 89% of total exports.

Iraq, with a CAGR of 0.0%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average grape must export price stood at $X per litre in 2021, growing by 48% against the previous year. In general, the export price posted noticeable growth. The pace of growth was the most pronounced in 2015 an increase of 306% against the previous year. The export price peaked at $X per litre in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Oman ($X per litre), while the average price for exports to the United Arab Emirates ($X per litre) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (-5.7%), while the prices for the other major destinations experienced a decline.

Grape Must Imports

Imports into Turkey

In 2021, overseas purchases of grape must increased by 1,079% to X litres, rising for the third year in a row after three years of decline. Overall, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of 1,287% against the previous year. Over the period under review, imports attained the maximum in 2021 and are likely to see steady growth in years to come.

In value terms, grape must imports soared to $X in 2021. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2019 with an increase of 1,351% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, Spain (X litres) constituted the largest supplier of grape must to Turkey, accounting for a 47% share of total imports. Moreover, grape must imports from Spain exceeded the figures recorded by the second-largest supplier, Italy (X litres), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from Spain stood at +49.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+15.9% per year) and France (+132.3% per year).

In value terms, Spain ($X) constituted the largest supplier of grape must to Turkey, comprising 46% of total imports. The second position in the ranking was taken by Italy ($X), with a 2.7% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain amounted to +63.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+1.6% per year) and France (+170.9% per year).

Import Prices by Country

The average grape must import price stood at $X per litre in 2021, waning by -2.4% against the previous year. In general, the import price recorded a deep downturn. The most prominent rate of growth was recorded in 2014 an increase of 60%. Over the period under review, average import prices hit record highs at $X per litre in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per litre), while the price for Spain ($X per litre) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+16.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for grape must in the world?

China constituted the country with the largest volume of grape must consumption, comprising approx. 25% of total volume. Moreover, grape must consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with an 8.5% share.

What are the largest producers of grape must in the world?

China remains the largest grape must producing country worldwide, comprising approx. 25% of total volume. Moreover, grape must production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by India, with an 8.5% share.

What are the leading suppliers of grape must to Turkey?

In value terms, Italy constituted the largest supplier of grape must to Turkey, comprising 91% of total imports. The second position in the ranking was occupied by France, with an 8.8% share of total imports.

What are the leading importers of grape must from Turkey?

In value terms, the United States emerged as the key foreign market for grape must exports from Turkey, comprising 60% of total exports. The second position in the ranking was occupied by Iraq $509), with a 13% share of total exports. It was followed by the United Arab Emirates, with a 12% share.

What is the average export price for grape must in Turkey?

The average grape must export price stood at $2.3 per litre in 2021, with an increase of 48% against the previous year.

What is the average import price for grape must in Turkey?

The average grape must import price stood at $1.9 per litre in 2021, growing by 5.7% against the previous year.

This report provides an in-depth analysis of the grape must market in Turkey. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 11021250 - Grape must (excluding alcohol duty)

Country coverage:

Turkey

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Turkey
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023