Price for Vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumption in Turkey - 2024

Contents:

  1. Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Turkey (CIF) - 2022
  2. Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Turkey (FOB) - 2022
  3. Imports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Turkey
  4. Exports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Turkey

Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Turkey (CIF) - 2022

The average import price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia stood at $528 per ton in 2022, dropping by -3.4% against the previous year. In general, the import price saw a abrupt curtailment. The growth pace was the most rapid in 2021 when the average import price increased by 9% against the previous year. The import price peaked at $1,293 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Syrian Arab Republic.

From 2012 to 2022, the rate of growth in terms of prices for Syrian Arab Republic amounted to +2.6% per year.

Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Turkey (FOB) - 2022

In 2022, the average export price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia amounted to $882 per ton, reducing by -22.2% against the previous year. In general, the export price showed a abrupt decline. The most prominent rate of growth was recorded in 2015 when the average export price increased by 67%. The export price peaked at $2,913 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($3,225 per ton), while the average price for exports to the United Arab Emirates ($702 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 Lebanon (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Turkey

In 2022, imports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia into Turkey skyrocketed to 3.7K tons, growing by 32% compared with the previous year's figure. In general, total imports indicated significant growth from 2020 to 2022: its volume increased at an average annual rate of +32.3% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 33%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia soared to $2M in 2022. Over the period under review, total imports indicated a significant expansion from 2020 to 2022: its value increased at an average annual rate of +35.7% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +84.2% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 45% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Turkey (Million USD)
COUNTRY202020212022CAGR,
2020-2022
Syrian Arab Republic1.01.52.041.4%
OthersN/AN/AN/A0%
Total1.11.52.034.8%

Top Suppliers of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption to Turkey in 2022:

  1. Syrian Arab Republic (3.7K tons)

Exports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Turkey

In 2022, exports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia from Turkey surged to 542 tons, growing by 30% against the previous year. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 372% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia reached $478K in 2022. Overall, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 241%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Israel10.312.573.8141139.2%
United Arab Emirates1.51.02.1136349.2%
United Kingdom4.64.312.547.1117.1%
Lebanon0.10.10.135.7609.4%
Saudi Arabia1.82.17.630.4156.6%
EgyptN/AN/A7.424.0224.3%
LibyaN/AN/AN/A18.10%
Iraq15.86.37.93.8-37.8%
Austria78.030.1166N/A45.9%
Italy17.913.733.0N/A35.8%
Others51.468.616342.4-6.2%
Total18113947347838.2%

Top Export Markets for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption from Turkey in 2022:

  1. United Arab Emirates (194.0 tons)
  2. Israel (178.7 tons)
  3. Saudi Arabia (42.5 tons)
  4. Egypt (33.0 tons)
  5. Lebanon (20.4 tons)
  6. Libya (20.3 tons)
  7. United Kingdom (14.6 tons)
  8. Iraq (4.1 tons)

Source: IndexBox Market Intelligence Platform

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