Turkey - Quinoa - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTurkey: Quinoa Market 2024
Quinoa Market Size in Turkey
The Turkish quinoa market surged to $X in 2021, increasing by 294% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a significant increase. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.
Quinoa Exports
Exports from Turkey
In 2021, after two years of growth, there was significant decline in overseas shipments of quinoa, when their volume decreased by -49.1% to X tons. Over the period under review, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2015 when exports increased by 19,967% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2020, and then fell sharply in the following year.
In value terms, quinoa exports reduced sharply to $X in 2021. In general, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2015 with an increase of 10,506% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.
Exports by Country
Ireland (X tons) was the main destination for quinoa exports from Turkey, accounting for a 50% share of total exports. Moreover, quinoa exports to Ireland exceeded the volume sent to the second major destination, Tunisia (X tons), twofold. The third position in this ranking was held by Germany (X tons), with an 8.7% share.
From 2014 to 2021, the average annual rate of growth in terms of volume to Ireland stood at -32.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tunisia (0.0% per year) and Germany (-19.9% per year).
In value terms, Ireland ($X) remains the key foreign market for quinoa exports from Turkey, comprising 45% of total exports. The second position in the ranking was held by Tunisia ($X), with an 18% share of total exports. It was followed by Germany, with an 8.8% share.
From 2014 to 2021, the average annual rate of growth in terms of value to Ireland amounted to -31.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tunisia (0.0% per year) and Germany (-26.2% per year).
Export Prices by Country
The average quinoa export price stood at $X per ton in 2021, growing by 5.9% against the previous year. Over the period under review, the export price, however, continues to indicate a deep slump. The growth pace was the most rapid in 2017 when the average export price increased by 25%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Azerbaijan ($X per ton), while the average price for exports to Tunisia ($X per ton) was amongst the lowest.
From 2014 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+20.9%), while the prices for the other major destinations experienced more modest paces of growth.
Quinoa Imports
Imports into Turkey
In 2021, quinoa imports into Turkey skyrocketed to X tons, with an increase of 41% on the year before. In general, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2015 with an increase of 525% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports failed to regain momentum.
In value terms, quinoa imports surged to $X in 2021. Overall, imports saw significant growth. The pace of growth was the most pronounced in 2015 when imports increased by 338% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports remained at a lower figure.
Imports by Country
In 2021, Peru (X tons) was the main supplier of quinoa to Turkey, with a 96% share of total imports. Moreover, quinoa imports from Peru exceeded the figures recorded by the second-largest supplier, Germany (X tons), more than tenfold.
From 2012 to 2021, the average annual growth rate of volume from Peru amounted to +30.2%.
In value terms, Peru ($X) constituted the largest supplier of quinoa to Turkey, comprising 96% of total imports. The second position in the ranking was taken by Germany ($X), with a 3.5% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of value from Peru amounted to +25.2%.
Import Prices by Country
In 2021, the average quinoa import price amounted to $X per ton, with a decrease of -2.5% against the previous year. In general, the import price showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2013 an increase of 22% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Peru ($X per ton), while the price for Germany totaled $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Peru (-3.8%).
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the quinoa 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:
- FCL 92 - Quinoa
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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