Turkey - Wheat Gluten - Market Analysis, Forecast, Size, Trends and Insights
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Wheat Gluten Market Size in Turkey
The Turkish wheat gluten market surged to $X in 2022, growing by 44% 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 posted a resilient increase. Wheat gluten consumption peaked in 2022 and is expected to retain growth in the near future.
Wheat Gluten Exports
Exports from Turkey
For the sixth consecutive year, Turkey recorded growth in shipments abroad of wheat gluten, which increased by 642% to X tons in 2022. Over the period under review, exports showed a significant expansion. The pace of growth was the most pronounced in 2017 with an increase of 2,471% 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, wheat gluten exports surged to $X in 2022. In general, exports saw a significant increase. The pace of growth was the most pronounced in 2017 with an increase of 1,252% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
Exports by Country
The United States (X tons) was the main destination for wheat gluten exports from Turkey, accounting for a 89% share of total exports. Moreover, wheat gluten exports to the United States exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), more than tenfold.
From 2012 to 2022, the average annual growth rate of volume to the United States amounted to +12,091.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+82.1% per year) and Egypt (+41.7% per year).
In value terms, the United States ($X) remains the key foreign market for wheat gluten exports from Turkey, comprising 88% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 6.1% share of total exports.
From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to +11,604.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+82.8% per year) and Egypt (+51.7% per year).
Export Prices by Country
In 2022, the average wheat gluten export price amounted to $X per ton, with an increase of 4.5% against the previous year. In general, the export price recorded moderate growth. The most prominent rate of growth was recorded in 2016 an increase of 142% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2017 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Egypt ($X per ton), while the average price for exports to the United Arab Emirates ($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 Egypt (+7.0%), while the prices for the other major destinations experienced mixed trend patterns.
Wheat Gluten Imports
Imports into Turkey
Wheat gluten imports into Turkey surged to X tons in 2022, jumping by 49% against 2021. Over the period under review, imports saw a resilient expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 75%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in years to come.
In value terms, wheat gluten imports surged to $X in 2022. Overall, imports continue to indicate a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Imports by Country
Iran (X tons), Russia (X tons) and Kazakhstan (X tons) were the main suppliers of wheat gluten imports to Turkey, together comprising 60% of total imports. Belarus, Germany, Uzbekistan, Belgium, Austria, France, Poland and China lagged somewhat behind, together comprising a further 36%.
From 2012 to 2022, the biggest increases were recorded for Belarus (with a CAGR of +11,555.9%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest wheat gluten suppliers to Turkey were Iran ($X), Kazakhstan ($X) and Russia ($X), with a combined 60% share of total imports. Belarus, Germany, Uzbekistan, Belgium, Austria, France, Poland and China lagged somewhat behind, together comprising a further 36%.
Belarus, with a CAGR of +12,518.9%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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 wheat gluten import price amounted to $X per ton, with an increase of 28% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.5%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Austria ($X per ton) and Belgium ($X per ton), while the price for France ($X per ton) and Uzbekistan ($X per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+35.2%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the wheat gluten 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 24 - Wheat Gluten
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
- 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 VOLUME AND VALUE
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
- 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
- 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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