Turkey: Market for Pineapple Juice (Single Strength) 2024

Market Size for Pineapple Juice (Single Strength) in Turkey

In 2021, after two years of growth, there was significant decline in the Turkish pineapple juice (single strength) market, when its value decreased by -22.1% to $X. Over the period under review, consumption, however, saw a remarkable increase. Over the period under review, the market attained the maximum level at $X in 2020, and then dropped rapidly in the following year.

Production of Pineapple Juice (Single Strength) in Turkey

In value terms, pineapple juice (single strength) production expanded slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.3% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when the production volume increased by 17% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2021, production growth failed to regain momentum.

Exports of Pineapple Juice (Single Strength)

Exports from Turkey

After two years of decline, overseas shipments of pineapple juice (single strength) increased by 66% to X tons in 2021. In general, exports, however, showed a perceptible curtailment. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, pineapple juice (single strength) exports surged to $X in 2021. Overall, exports, however, showed a slight decline. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for pineapple juice (single strength) exports from Turkey, with a 53% share of total exports. Moreover, pineapple juice (single strength) exports to the United States exceeded the volume sent to the second major destination, Malaysia (X tons), fivefold. Japan (X tons) ranked third in terms of total exports with a 7.9% share.

From 2012 to 2021, the average annual growth rate of volume to the United States amounted to +123.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+5.6% per year) and Japan (+33.8% per year).

In value terms, the United States ($X) emerged as the key foreign market for pineapple juice (single strength) exports from Turkey, comprising 50% of total exports. The second position in the ranking was held by Japan ($X), with a 10% share of total exports. It was followed by Malaysia, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States amounted to +120.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+40.6% per year) and Malaysia (+8.6% per year).

Export Prices by Country

In 2021, the average pineapple juice (single strength) export price amounted to $X per ton, rising by 6.7% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.4%. The pace of growth was the most pronounced in 2017 when the average export price increased by 17%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Singapore ($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 Bosnia and Herzegovina (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pineapple Juice (Single Strength)

Imports into Turkey

In 2021, purchases abroad of pineapple juice (single strength) increased by 47% to X tons, rising for the second consecutive year after four years of decline. Over the period under review, imports, however, faced a sharp downturn. The growth pace was the most rapid in 2015 with an increase of 1,076% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, pineapple juice (single strength) imports shrank modestly to $X in 2021. Overall, imports, however, continue to indicate a sharp decrease. The most prominent rate of growth was recorded in 2015 when imports increased by 1,060%. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Morocco (X tons) was the main supplier of pineapple juice (single strength) to Turkey, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Morocco was relatively modest.

In value terms, Morocco ($X) constituted the largest supplier of pineapple juice (single strength) to Turkey.

From 2012 to 2021, the average annual growth rate of value from Morocco was relatively modest.

Import Prices by Country

The average pineapple juice (single strength) import price stood at $X per ton in 2021, shrinking by -32.9% against the previous year. In general, the import price saw a deep downturn. The most prominent rate of growth was recorded in 2014 when the average import price increased by 14% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Morocco.

From 2012 to 2021, the rate of growth in terms of prices for Costa Rica amounted to +4.7% per year.

Source: IndexBox Platform

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