Price for Wilkings and Smilar Citrus Hybrid in Turkey - 2023

Contents:

  1. Price for Wilkings and Smilar Citrus Hybrid in Turkey (FOB) - 2022
  2. Price for Wilkings and Smilar Citrus Hybrid in Turkey (CIF) - 2023
  3. Exports of Wilkings and Smilar Citrus Hybrid in Turkey
  4. Imports of Wilkings and Smilar Citrus Hybrid in Turkey

Price for Wilkings and Smilar Citrus Hybrid in Turkey (FOB) - 2022

In 2022, the average export price for fruit, edible amounted to $680 per ton, rising by 9.3% against the previous year. Over the period from 2017 to 2022, it increased at an average annual rate of +6.5%. The growth pace was the most rapid in 2020 an increase of 23%. The export price peaked in 2022 and is likely to see steady growth in years to come.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Bulgaria ($876 per ton) and the Netherlands ($859 per ton), while the average price for exports to Russia ($664 per ton) and Romania ($701 per ton) were amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+14.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Wilkings and Smilar Citrus Hybrid in Turkey (CIF) - 2023

The average import price for fruit, edible stood at $672 per ton in May 2023, flattening at the previous month. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 16% m-o-m. As a result, import price reached the peak level of $675 per ton, leveling off in the following month.

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

From December 2022 to May 2023, the rate of growth in terms of prices for Cyprus amounted to +0.3% per month.

Exports of Wilkings and Smilar Citrus Hybrid in Turkey

Wilkings and smilar citrus hybrid exports from Turkey contracted sharply to 57K tons in 2022, which is down by -66.5% compared with the previous year's figure. Over the period under review, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 114% against the previous year. As a result, the exports reached the peak of 169K tons, and then contracted significantly in the following year.

In value terms, wilkings and smilar citrus hybrid exports contracted notably to $38M in 2022. Overall, exports showed a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 102%. As a result, the exports reached the peak of $105M, and then contracted markedly in the following year.

Export of Wilkings and Smilar Citrus Hybrid in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia41.144.885.832.2-7.8%
Bulgaria0.20.99.43.5159.6%
Others3.86.39.92.8-9.7%
Total45.151.910538.5-5.1%

Top Export Markets for Wilkings and Smilar Citrus Hybrid from Turkey in 2022:

  1. Russia (48.5K tons)
  2. Bulgaria (4.0K tons)

Imports of Wilkings and Smilar Citrus Hybrid in Turkey

In 2022, after three years of growth, there was significant decline in purchases abroad of fruit, edible, when their volume decreased by -61.6% to 11K tons. Overall, imports, however, enjoyed prominent growth. The growth pace was the most rapid in 2021 when imports increased by 117%. As a result, imports attained the peak of 29K tons, and then dropped sharply in the following year.

In value terms, wilkings and smilar citrus hybrid imports dropped dramatically to $3.9M in 2022. Over the period under review, imports, however, saw a prominent expansion. The pace of growth appeared the most rapid in 2020 with an increase of 109%.

Import of Wilkings and Smilar Citrus Hybrid in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Pakistan0.26.413.13.9169.2%
Spain1.7N/AN/AN/A0%
LebanonN/A0.1N/AN/A0%
Greece1.2N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total3.16.513.13.98.0%

Top Suppliers of Wilkings and Smilar Citrus Hybrid to Turkey in 2022:

  1. Pakistan (11.1K tons)

Source: IndexBox Market Intelligence Platform

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