Turkey: Mixes And Doughs Market 2024

Mixes And Doughs Market Size in Turkey

The Turkish mixes and doughs market contracted to $X in 2022, with a decrease of -4.9% against the previous year. In general, consumption, however, enjoyed a buoyant expansion. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Mixes And Doughs Production in Turkey

In value terms, mixes and doughs production reduced sharply to $X in 2022 estimated in export price. In general, production, however, showed a remarkable increase. The pace of growth appeared the most rapid in 2019 with an increase of 70%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Mixes And Doughs Exports

Exports from Turkey

Mixes and doughs exports from Turkey amounted to X tons in 2022, growing by 7.4% compared with the year before. The total export volume increased at an average annual rate of +1.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 when exports increased by 21% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, mixes and doughs exports rose significantly to $X in 2022. In general, exports, however, continue to indicate a mild downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 18% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Iraq (X tons), Germany (X tons) and Poland (X tons) were the main destinations of mixes and doughs exports from Turkey, together accounting for 46% of total exports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +151.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for mixes and doughs exported from Turkey were Iraq ($X), Germany ($X) and Cyprus ($X), with a combined 42% share of total exports. The Netherlands, the United Arab Emirates, Poland, Azerbaijan, the United States, Qatar, Israel, Belgium, Kuwait and Serbia lagged somewhat behind, together comprising a further 33%.

Among the main countries of destination, Poland, with a CAGR of +137.2%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average mixes and doughs export price amounted to $X per ton, growing by 7.1% against the previous year. In general, the export price, however, continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2014 when the average export price increased by 15%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Israel ($X per ton), while the average price for exports to Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

Mixes And Doughs Imports

Imports into Turkey

Mixes and doughs imports into Turkey shrank to X tons in 2022, which is down by -13.8% compared with the previous year's figure. In general, imports recorded a abrupt descent. The growth pace was the most rapid in 2014 when imports increased by 19%. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, mixes and doughs imports totaled $X in 2022. Over the period under review, imports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 24% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of mixes and doughs to Turkey, with a 36% share of total imports. Moreover, mixes and doughs imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X tons), twofold. France (X tons) ranked third in terms of total imports with a 14% share.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to -4.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+5.3% per year) and France (+2.2% per year).

In value terms, the largest mixes and doughs suppliers to Turkey were Germany ($X), Belgium ($X) and France ($X), with a combined 71% share of total imports. The Czech Republic, Spain, Austria, the Netherlands, the UK and Greece lagged somewhat behind, together comprising a further 23%.

In terms of the main suppliers, Spain, with a CAGR of +64.6%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average mixes and doughs import price amounted to $X per ton, jumping by 17% against the previous year. Overall, the import price showed a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+2.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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