Turkey: Whole Fresh Milk Market 2024

Whole Fresh Milk Market Size in Turkey

The Turkish whole fresh milk market amounted to $X in 2022, approximately equating the previous year. In general, consumption, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 4.4%. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Whole Fresh Milk Production in Turkey

In value terms, whole fresh milk production reached $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the production volume increased by 4.6% against the previous year. Whole fresh milk production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Whole Fresh Milk Exports

Exports from Turkey

In 2022, shipments abroad of whole fresh milk decreased by -4.3% to X tons, falling for the fourth year in a row after three years of growth. Over the period under review, exports, however, recorded a moderate increase. The growth pace was the most rapid in 2017 when exports increased by 136% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, whole fresh milk exports expanded remarkably to $X in 2022. In general, exports, however, continue to indicate a mild increase. The growth pace was the most rapid in 2017 when exports increased by 116%. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Iraq (X tons) was the main destination for whole fresh milk exports from Turkey, with a 24% share of total exports. Moreover, whole fresh milk exports to Iraq exceeded the volume sent to the second major destination, Mauritania (X tons), twofold. The third position in this ranking was taken by Libya (X tons), with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Iraq was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Mauritania (+50.3% per year) and Libya (-12.0% per year).

In value terms, the largest markets for whole fresh milk exported from Turkey were Iraq ($X), Mauritania ($X) and Libya ($X), together accounting for 48% of total exports. Georgia, Serbia, Cyprus, Azerbaijan and China lagged somewhat behind, together accounting for a further 34%.

China, with a CAGR of +16,335.2%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average whole fresh milk export price stood at $X per ton in 2022, growing by 16% against the previous year. In general, the export price, however, showed a mild downturn. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Mauritania ($X per ton) and Iraq ($X per ton), while the average price for exports to Libya ($X per ton) and Azerbaijan ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+4.2%), while the prices for the other major destinations experienced a decline.

Whole Fresh Milk Imports

Imports into Turkey

In 2022, purchases abroad of whole fresh milk was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a deep setback. The pace of growth appeared the most rapid in 2018 with an increase of 26,953%. Over the period under review, imports attained the maximum at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, whole fresh milk imports soared to $X in 2022. Over the period under review, imports, however, recorded a abrupt setback. The growth pace was the most rapid in 2018 when imports increased by 33,500% against the previous year. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Georgia (X tons) constituted the largest supplier of whole fresh milk to Turkey, accounting for a 83% share of total imports. Moreover, whole fresh milk imports from Georgia exceeded the figures recorded by the second-largest supplier, Egypt (X tons), fivefold.

From 2015 to 2022, the average annual growth rate of volume from Georgia was relatively modest.

In value terms, Georgia ($X) constituted the largest supplier of whole fresh milk to Turkey, comprising 82% of total imports. The second position in the ranking was taken by Egypt ($X), with a 17% share of total imports.

From 2015 to 2022, the average annual growth rate of value from Georgia was relatively modest.

Import Prices by Country

In 2022, the average whole fresh milk import price amounted to $X per ton, rising by 63% against the previous year. Overall, the import price, however, recorded a noticeable descent. The pace of growth appeared the most rapid in 2017 an increase of 90%. Over the period under review, average import prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Egypt ($X per ton), while the price for Georgia amounted to $X per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+22.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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