Turkey - Chocolate And Other Food Preparations Containing Cocoa - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingChocolate Price in Turkey - 2023
Contents:
- Chocolate Price in Turkey (FOB) - 2023
- Chocolate Price in Turkey (CIF) - 2023
- Chocolate Exports in Turkey
- Chocolate Imports in Turkey
Chocolate Price in Turkey (FOB) - 2023
In July 2023, the average chocolate export price amounted to $3,563 per ton, reducing by -1.8% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 11% m-o-m. Over the period under review, the average export prices attained the maximum at $3,630 per ton in June 2023, and then declined modestly in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Israel ($4,582 per ton), while the average price for exports to Syrian Arab Republic ($1,821 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.
Chocolate Price in Turkey (CIF) - 2023
The average chocolate import price stood at $4,719 per ton in July 2023, picking up by 2.1% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.1%. The growth pace was the most rapid in November 2022 when the average import price increased by 36% month-to-month. Over the period under review, average import prices attained the maximum at $5,515 per ton in March 2023; however, from April 2023 to July 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($25,939 per ton), while the price for Malaysia ($1,605 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the UK (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Chocolate Exports in Turkey
Chocolate exports from Turkey surged to 22K tons in 2022, jumping by 75% compared with 2021. Over the period under review, exports recorded a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, chocolate exports surged to $62M in 2022. Overall, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Chocolate in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 5.5 | 6.7 | 3.7 | 18.2 | 49.0% |
| Iraq | 5.0 | 5.5 | 7.5 | 10.9 | 29.7% |
| United States | 0.2 | 0.6 | 2.6 | 4.8 | 188.4% |
| Egypt | 3.2 | 2.6 | 1.6 | 4.1 | 8.6% |
| Libya | 1.7 | 1.4 | 2.4 | 2.7 | 16.7% |
| Bulgaria | 0.9 | 1.3 | 1.2 | 2.6 | 42.4% |
| Romania | 0.6 | 0.4 | 0.5 | 1.8 | 44.2% |
| Georgia | 0.5 | 0.4 | 0.6 | 1.4 | 40.9% |
| Azerbaijan | 0.9 | 1.0 | 0.9 | 1.1 | 6.9% |
| Israel | 1.0 | 1.1 | 0.5 | 0.8 | -7.2% |
| United Arab Emirates | 1.7 | 0.3 | 1.4 | 0.6 | -29.3% |
| Saudi Arabia | 2.1 | 1.4 | N/A | 0.5 | -38.0% |
| Others | 8.3 | 7.1 | 9.2 | 12.7 | 15.2% |
| Total | 31.7 | 29.9 | 32.1 | 62.2 | 25.2% |
Top Export Markets for Chocolate from Turkey in 2022:
- Kazakhstan (6.6K tons)
- Iraq (4.0K tons)
- United States (1.6K tons)
- Egypt (1.5K tons)
- Romania (0.8K tons)
- Libya (0.8K tons)
- Bulgaria (0.7K tons)
- Georgia (0.5K tons)
- Azerbaijan (0.4K tons)
- United Arab Emirates (0.2K tons)
- Israel (0.2K tons)
- Saudi Arabia (0.1K tons)
Chocolate Imports in Turkey
After two years of decline, overseas purchases of chocolate and other food preparations containing cocoa increased by 25% to 7.2K tons in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern.
In value terms, chocolate imports surged to $29M in 2022. The total import value increased at an average annual rate of +3.5% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Chocolate in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 11.8 | 9.3 | 9.7 | 14.3 | 6.6% |
| Germany | 8.8 | 10.1 | 7.4 | 7.6 | -4.8% |
| Bulgaria | 2.6 | 3.8 | 2.8 | 2.2 | -5.4% |
| France | 0.4 | 0.7 | 1.0 | 0.9 | 31.0% |
| Italy | 0.2 | 0.2 | 0.2 | 0.7 | 51.8% |
| Poland | 0.2 | 0.4 | 0.7 | 0.7 | 51.8% |
| Others | 2.4 | 1.5 | 2.3 | 2.9 | 6.5% |
| Total | 26.5 | 26.0 | 24.1 | 29.4 | 3.5% |
Top Suppliers of Chocolate to Turkey in 2022:
- Belgium (3.5K tons)
- Germany (2.3K tons)
- Bulgaria (0.4K tons)
- Italy (0.2K tons)
- France (0.2K tons)
- Poland (0.1K tons)
This report provides an in-depth analysis of the chocolate 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:
- Prodcom 10822130 - Chocolate and other food preparations containing cocoa, in blocks, slabs or bars > 2 kg or in liquid, paste, powder, g ranular or other bulk form, in containers or immediate packings of a content > 2 kg, containing . .18 % by weight of
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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
495
This report provides an in-depth analysis of the chocolate market in Turkey.
328
This report provides an in-depth analysis of the chocolate flavour coating market in Turkey.
363
This report provides an in-depth analysis of the chocolate milk crumb market in Turkey.
1662
This report provides an in-depth analysis of the chocolate market in Turkey.
548
This report provides an in-depth analysis of the market for chocolate bar with filling in Turkey.
656
This report provides an in-depth analysis of the chocolate and confectionery market in Turkey.
308
This report provides an in-depth analysis of the chocolate spread market in Turkey.
312
This report provides an in-depth analysis of the chocolates with alcohol market in Turkey.
478
This report provides an in-depth analysis of the market for cocoa powder with sugar in Turkey.
317
This report provides an in-depth analysis of the market for cocoa for making beverages in Turkey.
431
In January 2023, the chocolate bar with filling price amounted to $3,127 per ton (FOB, Turkey), rising by 1.9% against the previous month.
62
The global chocolate market is expected to continue its upward consumption trend over the next seven years, with forecasted growth in both volume and value. Key insights include top consuming and producing countries, as well as trends in imports and exports.
213
Explore the top import markets for chocolate and their key statistics, including the United States, United Kingdom, Germany, France, and more. Discover the love for chocolate around the world.
7915
The chocolate industry is constantly changing and evolving. New trends are always emerging, and consumer behavior is always shifting.
424
The global chocolate market steadily expands, rising to $156B in 2020. China, the U.S. and Germany are the largest chocolate consuming countries worldwide. Italy, the UK and Germany recorded the highest per capita consumption figures in 2020.
2504
In 2016, the global chocolate imports totaled X tons, flattening at the previous year level. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2016...
1118
In 2016, the global chocolate imports totaled X tons, flattening at the previous year level. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2016...
4429
The global chocolate market had total revenues of X million USD in 2015, which was X million USD (or X%) less than the year before. In physical terms, the market fell slightly over the last year, am
1726
Germany seized control of the chocolate and cocoa products market. In 2014, Germany exported X thousand tons of chocolate and cocoa products totaling X billion USD, X% over the previous year. Its primary trading partner was France, where it supp
71
The global market for chocolate bars with fillings is expected to continue on an upward consumption trend over the next seven years, with an anticipated growth in both volume and value. Consumption, production, imports, and exports of chocolate bars with fillings are analyzed in detail in this article, highlighting key trends and statistics.
