Turkey - Spirits Obtained From Distilled Grape Wine Or Grape Marc - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGrape Wine Spirits Price in Turkey - 2023
Contents:
- Grape Wine Spirits Price in Turkey (CIF) - 2023
- Grape Wine Spirits Price in Turkey (FOB) - 2022
- Grape Wine Spirits Imports in Turkey
- Grape Wine Spirits Exports in Turkey
Grape Wine Spirits Price in Turkey (CIF) - 2023
In July 2023, the average grape wine spirits import price amounted to $16.1 per litre, increasing by 31% against the previous month. Overall, import price indicated a tangible increase from July 2022 to July 2023: its price increased at an average monthly rate of +3.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, grape wine spirits import price increased by +31.5% against June 2023 indices. The growth pace was the most rapid in February 2023 an increase of 58% against the previous month. As a result, import price attained the peak level of $22.5 per litre. From March 2023 to July 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was France ($27.7 per litre), while the price for Italy ($3.5 per litre) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Italy (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Grape Wine Spirits Price in Turkey (FOB) - 2022
In 2022, the average grape wine spirits export price amounted to $29 per litre, increasing by 43% against the previous year. In general, the export price saw a strong expansion. The most prominent rate of growth was recorded in 2020 an increase of 76%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($41 per litre), while the average price for exports to Oman ($11 per litre) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+21.3%), while the prices for the other major destinations experienced mixed trend patterns.
Grape Wine Spirits Imports in Turkey
In 2022, approx. 838K litres of spirits obtained from distilled grape wine or grape marc were imported into Turkey; rising by 138% on 2021 figures. Over the period under review, imports recorded prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, grape wine spirits imports skyrocketed to $8.9M in 2022. Overall, imports posted a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Grape Wine Spirits in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 5.1 | 2.7 | 4.4 | 8.2 | 17.2% |
| Italy | 0.4 | 0.1 | 0.1 | 0.5 | 7.7% |
| Greece | 0.2 | 0.1 | 0.1 | 0.2 | 0.0% |
| Spain | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
| Others | 0.1 | N/A | N/A | 0.1 | 0.0% |
| Total | 5.8 | 2.8 | 4.7 | 8.9 | 15.3% |
Top Suppliers of Grape Wine Spirits to Turkey in 2022:
- France (575.0K litres)
- Italy (208.2K litres)
- Greece (25.2K litres)
- Spain (18.6K litres)
Grape Wine Spirits Exports in Turkey
In 2022, overseas shipments of spirits obtained from distilled grape wine or grape marc were finally on the rise to reach 3.8K litres for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a dramatic downturn. The exports peaked at 76K litres in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, grape wine spirits exports skyrocketed to $111K in 2022. In general, exports, however, saw a precipitous decrease. The exports peaked at $953K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Grape Wine Spirits in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 3.1 | N/A | 0.4 | 62.3 | 171.9% |
| Germany | 40.3 | 5.3 | 6.1 | 7.6 | -42.7% |
| United Kingdom | 4.6 | 0.6 | 0.8 | 5.1 | 3.5% |
| Cyprus | 460 | 1.0 | 17.1 | 5.0 | -77.8% |
| Oman | N/A | N/A | N/A | 2.0 | 0% |
| France | 236 | 0.2 | 0.4 | N/A | -95.9% |
| Gambia | 46.6 | N/A | N/A | N/A | 0% |
| United Arab Emirates | N/A | 58.8 | N/A | N/A | 0% |
| Tunisia | 111 | N/A | N/A | N/A | 0% |
| Others | 51.0 | 279 | 15.7 | 29.5 | -16.7% |
| Total | 953 | 344 | 40.5 | 111 | -51.2% |
Top Export Markets for Grape Wine Spirits from Turkey in 2022:
- Netherlands (1534.0 litres)
- Germany (478.0 litres)
- United Kingdom (295.0 litres)
- Oman (184.0 litres)
- Cyprus (155.0 litres)
This report provides an in-depth analysis of the grape wine spirits 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 11011020 - Spirits obtained from distilled grape wine or grape marc (important: excluding alcohol duty)
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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