Turkey - Grapefruits (Inc. Pomelos) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTurkey's Grapefruit Price Sets Record High at $721 per Ton
Turkey Grapefruit Export Price in December 2022
In December 2022, the grapefruit price amounted to $721 per ton (FOB, Turkey), surging by 4.2% against the previous month. Over the period under review, export price indicated a measured increase from December 2021 to December 2022: its price increased at an average monthly rate of +3.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2022 figures, grapefruit export price increased by +112.0% against August 2022 indices. The growth pace was the most rapid in September 2022 an increase of 57% month-to-month. The export price peaked in December 2022.
There were significant differences in the average prices for the major external markets. In December 2022, the country with the highest price was Japan ($1,034 per ton), while the average price for exports to Iraq ($141 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.
| COUNTRY | Dec 2021 | Jan 2022 | Feb 2022 | Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| USD Per Ton | |||||||||||||
| Ukraine | 484.0 | 440.0 | 430.0 | 431.0 | 413.0 | 453.0 | 626.0 | 548.0 | 493.0 | 843.0 | 682.0 | 679.0 | 708.0 |
| Canada | 581.0 | 664.0 | 694.0 | 719.0 | 633.0 | N/A | N/A | N/A | N/A | N/A | 868.0 | 885.0 | 901.0 |
| Romania | 477.0 | 436.0 | 441.0 | 453.0 | 442.0 | 395.0 | 380.0 | 420.0 | N/A | N/A | 822.0 | 760.0 | 754.0 |
| Netherlands | 559.0 | 527.0 | 567.0 | 571.0 | 507.0 | 466.0 | N/A | N/A | N/A | N/A | 781.0 | 779.0 | 816.0 |
| Serbia | 527.0 | 510.0 | 482.0 | 494.0 | 438.0 | 402.0 | 314.0 | 363.0 | N/A | 430.0 | 770.0 | 792.0 | 815.0 |
| United Kingdom | 637.0 | 526.0 | 541.0 | 483.0 | 548.0 | 499.0 | N/A | N/A | N/A | N/A | 657.0 | 636.0 | 673.0 |
| Georgia | 127.0 | 183.0 | 148.0 | 139.0 | 167.0 | 86.0 | 126.0 | 122.0 | 147.0 | 118.0 | 145.0 | 228.0 | 251.0 |
| Germany | 461.0 | 597.0 | 645.0 | 463.0 | 524.0 | 506.0 | 1061.0 | N/A | N/A | N/A | 777.0 | 799.0 | 773.0 |
| Japan | 807.0 | 765.0 | 802.0 | 699.0 | N/A | N/A | N/A | N/A | N/A | N/A | 760.0 | 836.0 | 1034.0 |
| Iraq | 225.0 | 195.0 | 154.0 | 153.0 | 161.0 | 157.0 | 172.0 | 131.0 | 199.0 | 57.0 | 130.0 | 156.0 | 141.0 |
| Poland | 537.0 | 522.0 | 494.0 | 458.0 | 459.0 | 453.0 | 380.0 | N/A | N/A | N/A | 838.0 | 803.0 | 764.0 |
| Russia | 489.0 | 469.0 | 408.0 | N/A | 462.0 | 461.0 | 487.0 | 552.0 | N/A | N/A | 626.0 | 624.0 | 657.0 |
| Bulgaria | 471.0 | 433.0 | 471.0 | 461.0 | 408.0 | 323.0 | 279.0 | 278.0 | 218.0 | N/A | 476.0 | 648.0 | 652.0 |
| Average | 498.0 | 467.0 | 458.0 | 451.0 | 429.0 | 400.0 | 432.0 | 398.0 | 340.0 | 535.0 | 694.0 | 692.0 | 721.0 |
Turkey Grapefruit Exports
In December 2022, overseas shipments of grapefruits decreased by -18.8% to 14K tons for the first time since September 2022, thus ending a two-month rising trend. Overall, exports showed a mild descent. The most prominent rate of growth was recorded in October 2022 when exports increased by 6,564% month-to-month. The exports peaked at 20K tons in February 2022; however, from March 2022 to December 2022, the exports remained at a lower figure.
In value terms, grapefruit exports contracted markedly to $10M (IndexBox estimates) in December 2022. Over the period under review, exports, however, posted a slight expansion. The most prominent rate of growth was recorded in October 2022 with an increase of 8,535% m-o-m. Over the period under review, the exports attained the maximum at 12K tons in November 2022, and then dropped remarkably in the following month.
Turkey Grapefruit Exports by Country
Russia (3.7K tons) was the main destination for grapefruit exports from Turkey, accounting for a 26% share of total exports. Moreover, grapefruit exports to Russia exceeded the volume sent to the second major destination, Japan (1.4K tons), threefold. The third position in this ranking was taken by Romania (1.4K tons), with a 9.7% share.
From December 2021 to December 2022, the average monthly growth rate of volume to Russia totaled -3.0%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Japan (+6.8% per month) and Romania (+0.5% per month).
In value terms, Russia ($2.4M), Japan ($1.5M) and Romania ($1M) appeared to be the largest markets for grapefruit exported from Turkey worldwide, together comprising 48% of total exports.
In terms of the main countries of destination, Japan, with a CAGR of +9.0%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the grapefruit 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 507 - Grapefruit and pomelo
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
-
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
