Turkey: Market for Processed cheese (excluding grated or powdered) 2021

Market Size for Processed cheese (excluding grated or powdered) in Turkey

The Turkish market for processed cheese (excluding grated or powdered) reached $X in 2020, increasing by X% against the previous year. Over the period under review, the total consumption indicated a buoyant increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption decreased by -X% against 2018 indices. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, consumption attained the peak level of $X. From 2019 to 2020, the growth of the market remained at a somewhat lower figure.

Production of Processed cheese (excluding grated or powdered) in Turkey

In value terms, production of processed cheese (excluding grated or powdered) expanded significantly to $X in 2020 estimated in export prices. Overall, production, however, continues to indicate resilient growth. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. As a result, production attained the peak level of $X. From 2019 to 2020, production growth remained at a lower figure.

Exports of Processed cheese (excluding grated or powdered)

Exports from Turkey

In 2020, overseas shipments of processed cheese (excluding grated or powdered) increased by X% to X tons, rising for the third consecutive year after two years of decline. In general, total exports indicated moderate growth from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, exports attained the peak figure in 2020 and are expected to retain growth in the near future.

In value terms, exports of processed cheese (excluding grated or powdered) expanded slightly to $X in 2020. Overall, total exports indicated a temperate increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Exports peaked at $X in 2015; however, from 2016 to 2020, exports remained at a lower figure.

Exports by Country

Saudi Arabia (X tons), Iraq (X tons) and Kuwait (X tons) were the main destinations of exports of processed cheese (excluding grated or powdered) from Turkey, together comprising X% of total exports. The United Arab Emirates, Jordan, Oman, Bahrain, Qatar, Syrian Arab Republic, Free Zones and Cyprus lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Syrian Arab Republic, while exports for the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), Iraq ($X) and Kuwait ($X) constituted the largest markets for processed cheese (excluding grated or powdered) exported from Turkey worldwide, together comprising X% of total exports. These countries were followed by Jordan, the United Arab Emirates, Qatar, Bahrain, Oman, Syrian Arab Republic, Cyprus and Free Zones, which together accounted for a further X terms of the main countries of destination, Syrian Arab Republic recorded the highest rates of growth with regard to 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

The average export price for processed cheese (excluding grated or powdered) stood at $X per ton in 2020, standing approx. at the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% against the previous year. As a result, export price reached the peak level of $X per ton. From 2009 to 2020, the growth in terms of the average export prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Qatar, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Processed cheese (excluding grated or powdered)

Imports into Turkey

In 2020, the amount of processed cheese (excluding grated or powdered) imported into Turkey expanded slightly to X tons, with an increase of X% compared with the previous year's figure. In general, imports recorded a temperate expansion. The pace of growth was the most pronounced in 2016 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2020, imports remained at a lower figure.

In value terms, imports of processed cheese (excluding grated or powdered) reached $X in 2020. Over the period under review, imports continue to indicate mild growth. The growth pace was the most rapid in 2012 with an increase of X% y-o-y. Imports peaked at $X in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

Imports by Country

Cyprus (X tons), Australia (X tons) and Poland (X tons) were the main suppliers of imports of processed cheese (excluding grated or powdered) to Turkey, together accounting for X% of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Cyprus, while imports for the other leaders experienced more modest paces of growth.

In value terms, Cyprus ($X) constituted the largest supplier of processed cheese (excluding grated or powdered) to Turkey, comprising X% of total imports. The second position in the ranking was occupied by Australia ($X), with a X% share of total imports. It was followed by Poland, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Cyprus amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+X% per year) and Poland (-X% per year).

Import Prices by Country

The average import price for processed cheese (excluding grated or powdered) stood at $X per ton in 2020, falling by -X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 an increase of X% year-to-year. The import price peaked at $X per ton in 2012; however, from 2013 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Poland ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Poland, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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