Turkey - Nuts (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Nuts (Prepared or Preserved) in Turkey - 2023
Contents:
- Price for Nuts (Prepared or Preserved) in Turkey (FOB) - 2022
- Price for Nuts (Prepared or Preserved) in Turkey (CIF) - 2023
- Exports of Nuts (Prepared or Preserved) in Turkey
- Imports of Nuts (Prepared or Preserved) in Turkey
Price for Nuts (Prepared or Preserved) in Turkey (FOB) - 2022
In 2022, the average nuts (prepared or preserved) export price amounted to $5,164 per ton, falling by -10.7% against the previous year. Overall, the export price saw a mild decrease. The pace of growth was the most pronounced in 2014 when the average export price increased by 28% against the previous year. Over the period under review, the average export prices attained the peak figure at $9,315 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($6,081 per ton), while the average price for exports to Iraq ($3,427 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 Spain (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Nuts (Prepared or Preserved) in Turkey (CIF) - 2023
The average nuts (prepared or preserved) import price stood at $3,437 per ton in July 2023, growing by 25% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 when the average import price increased by 34% m-o-m. The import price peaked at $5,089 per ton in October 2022; however, from November 2022 to July 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Germany ($7,702 per ton), while the price for Uzbekistan ($520 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 Vietnam (+21.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Nuts (Prepared or Preserved) in Turkey
In 2022, after three years of growth, there was decline in shipments abroad of nuts (prepared or preserved), when their volume decreased by -4.4% to 150K tons. The total export volume increased at an average annual rate of +4.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 14%. As a result, the exports attained the peak of 157K tons, and then fell slightly in the following year.
In value terms, nuts (prepared or preserved) exports reduced to $774M in 2022. The total export value increased at an average annual rate of +1.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 14%. As a result, the exports reached the peak of $907M, and then shrank in the following year.
| Export of Nuts (Prepared or Preserved) in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 246 | 254 | 273 | 223 | -3.2% |
| Netherlands | 44.3 | 53.3 | 53.3 | 43.1 | -0.9% |
| Austria | 29.0 | 37.0 | 38.3 | 35.1 | 6.6% |
| China | 70.8 | 48.0 | 63.7 | 34.7 | -21.2% |
| Italy | 21.4 | 25.9 | 40.4 | 33.6 | 16.2% |
| Poland | 18.6 | 33.1 | 36.0 | 32.1 | 19.9% |
| France | 33.7 | 39.5 | 41.6 | 32.1 | -1.6% |
| United Kingdom | 30.9 | 37.5 | 37.2 | 30.1 | -0.9% |
| Spain | 21.4 | 23.7 | 26.3 | 25.1 | 5.5% |
| United States | 18.6 | 24.5 | 26.3 | 21.3 | 4.6% |
| Iraq | 15.6 | 15.2 | 22.2 | 19.0 | 6.8% |
| Kyrgyzstan | 4.2 | 3.4 | 7.4 | 16.9 | 59.1% |
| Greece | 9.7 | 11.0 | 13.9 | 11.4 | 5.5% |
| Others | 179 | 192 | 227 | 216 | 6.5% |
| Total | 743 | 798 | 907 | 774 | 1.4% |
Top Export Markets for Nuts (Prepared or Preserved) from Turkey in 2022:
- Germany (40.6K tons)
- Netherlands (7.9K tons)
- Italy (6.0K tons)
- Poland (5.8K tons)
- Austria (5.8K tons)
- China (5.8K tons)
- United Kingdom (5.6K tons)
- Iraq (5.6K tons)
- France (5.5K tons)
- Spain (4.7K tons)
- United States (4.2K tons)
- Kyrgyzstan (3.5K tons)
- Greece (2.7K tons)
Imports of Nuts (Prepared or Preserved) in Turkey
Nuts (prepared or preserved) imports into Turkey reached 2.1K tons in 2022, picking up by 10% compared with 2021. In general, imports, however, showed a perceptible decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 18%. As a result, imports reached the peak of 2.8K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, nuts (prepared or preserved) imports contracted slightly to $12M in 2022. Over the period under review, imports, however, continue to indicate a pronounced decline. The growth pace was the most rapid in 2020 with an increase of 49%. As a result, imports attained the peak of $20M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Nuts (Prepared or Preserved) in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 100 | 1,145 | 80.8 | 3,040 | 212.1% |
| Germany | 3,588 | 6,268 | 4,552 | 1,985 | -17.9% |
| Iran | 273 | 1,094 | 665 | 767 | 41.1% |
| United Kingdom | 231 | 1,931 | 11.2 | 577 | 35.7% |
| Brazil | N/A | 42.4 | N/A | 550 | 260.2% |
| Poland | 118 | 1,409 | N/A | 550 | 67.0% |
| United States | 231 | 568 | 463 | 515 | 30.6% |
| China | 818 | 370 | 326 | 453 | -17.9% |
| United Arab Emirates | 19.2 | 25.6 | 175 | 296 | 148.9% |
| Bulgaria | 76.1 | 7.8 | 430 | 289 | 56.0% |
| Greece | 99.6 | N/A | 490 | 275 | 40.3% |
| Iraq | 178 | 404 | 328 | 254 | 12.6% |
| Georgia | N/A | N/A | N/A | 251 | 0% |
| Others | 7,521 | 6,496 | 4,892 | 2,210 | -33.5% |
| Total | 13,254 | 19,760 | 12,414 | 12,012 | -3.2% |
Top Suppliers of Nuts (Prepared or Preserved) to Turkey in 2022:
- Egypt (347.3 tons)
- Germany (303.7 tons)
- Iran (257.3 tons)
- Georgia (219.9 tons)
- Poland (107.9 tons)
- Iraq (86.7 tons)
- United States (77.2 tons)
- United Arab Emirates (63.2 tons)
- Brazil (60.0 tons)
- Bulgaria (56.8 tons)
- United Kingdom (51.3 tons)
- China (50.3 tons)
- Greece (47.1 tons)
This report provides an in-depth analysis of the market for nuts (prepared or preserved) 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 10392390 - Prepared or preserved nuts (other than groundnuts), and other seeds and mixtures (excluding by vinegar or acetic acid, f rozen, purees and pastes, preserved by sugar)
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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375
In December 2022, the nuts (prepared or preserved) price amounted to $5,324 per ton (FOB, Turkey), with an increase of 1.5% against the previous month.
321
In March 2023, the price of Peanut Butter was $2,684 per ton (FOB, Turkey), showing a decrease of -20.6% compared to the previous month.
8777
In 2015, the countries with the highest levels of nut production were China (X thousand tons), Mexico (X thousand tons), Indonesia (X thousand tons), together accounting for X% of total output.
1990
Turkey is one of the leaders in the global nut trade. In 2014, Turkey exported X thousand tons of nuts totaling X million USD, X% over the previous year. Its primary trading partner was Italy, where it supplied X% of its total nut exports in
1161
Thailand dominates in the global trade of prepared or preserved pineapples. In 2014, Thailand exported X thousand tons of prepared or preserved pineapples totaling X million USD, which was X million USD less than the year before. Its primary trad
