Turkey - Shelled Walnuts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingShelled Walnut Price in Turkey - 2023
Contents:
- Shelled Walnut Price in Turkey (FOB) - 2023
- Shelled Walnut Price in Turkey (CIF) - 2023
- Shelled Walnut Exports in Turkey
- Shelled Walnut Imports in Turkey
Shelled Walnut Price in Turkey (FOB) - 2023
The average shelled walnut export price stood at $5,131 per ton in July 2023, growing by 9.1% against the previous month. Over the period under review, the export price, however, continues to indicate a slight decline. The pace of growth was the most pronounced in September 2022 when the average export price increased by 15% m-o-m. The export price peaked at $6,206 per ton in December 2022; however, from January 2023 to July 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Russia ($12,000 per ton), while the average price for exports to Moldova ($2,500 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 Saudi Arabia (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.
Shelled Walnut Price in Turkey (CIF) - 2023
The average shelled walnut import price stood at $2,604 per ton in July 2023, growing by 16% against the previous month. In general, the import price, however, showed a perceptible curtailment. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 37% month-to-month. As a result, import price attained the peak level of $3,935 per ton. From November 2022 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 Syrian Arab Republic ($8,000 per ton), while the price for Uzbekistan ($700 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 Moldova (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Shelled Walnut Exports in Turkey
In 2022, shelled walnut exports from Turkey expanded markedly to 7.7K tons, surging by 12% compared with the previous year. The total export volume increased at an average annual rate of +7.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, shelled walnut exports surged to $55M in 2022. The total export value increased at an average annual rate of +7.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Shelled Walnut in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Azerbaijan | 7.2 | 12.8 | 8.0 | 13.2 | 22.4% |
| Iraq | 4.3 | 5.3 | 3.5 | 8.7 | 26.5% |
| Germany | 1.2 | 0.1 | 2.3 | 5.8 | 69.1% |
| Libya | 1.6 | 1.3 | 4.3 | 3.4 | 28.6% |
| Egypt | 2.5 | 5.0 | 5.7 | 3.3 | 9.7% |
| Israel | 0.2 | 3.3 | 1.8 | 2.7 | 138.1% |
| Iran | 8.8 | 0.2 | N/A | 2.1 | -38.0% |
| Saudi Arabia | 8.0 | 4.1 | 0.8 | 1.7 | -40.3% |
| Qatar | 0.7 | 0.8 | 1.6 | 1.5 | 28.9% |
| Italy | N/A | 0.2 | 1.3 | 1.3 | 155.0% |
| Moldova | N/A | N/A | 1.6 | 1.1 | -31.3% |
| Kuwait | 0.2 | 0.3 | 0.6 | 1.0 | 71.0% |
| Jordan | 0.1 | N/A | 0.3 | 0.8 | 100.0% |
| Others | 9.9 | 11.9 | 13.8 | 8.4 | -5.3% |
| Total | 44.7 | 45.4 | 45.4 | 54.9 | 7.1% |
Top Export Markets for Shelled Walnut from Turkey in 2022:
- Azerbaijan (1502.9 tons)
- Iraq (1305.1 tons)
- Germany (826.6 tons)
- Egypt (517.5 tons)
- Iran (402.0 tons)
- Libya (390.6 tons)
- Israel (386.7 tons)
- Moldova (230.1 tons)
- Saudi Arabia (205.9 tons)
- Qatar (166.1 tons)
- Italy (165.1 tons)
- Jordan (145.5 tons)
- Kuwait (134.3 tons)
Shelled Walnut Imports in Turkey
Shelled walnut imports into Turkey surged to 15K tons in 2022, with an increase of 64% against the previous year. Overall, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, shelled walnut imports surged to $50M in 2022. In general, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Shelled Walnut in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.9 | 7.0 | 7.9 | 26.1 | 139.5% |
| United States | 0.4 | 2.9 | 3.3 | 6.6 | 154.6% |
| Ukraine | 11.7 | 10.1 | 1.9 | 4.2 | -28.9% |
| Kyrgyzstan | 0.2 | 1.0 | 1.0 | 3.8 | 166.8% |
| Iran | 2.2 | 2.3 | 1.2 | 3.5 | 16.7% |
| Chile | 1.2 | 0.8 | 2.6 | 2.7 | 31.0% |
| Moldova | 2.2 | 1.7 | 0.7 | 2.1 | -1.5% |
| Uzbekistan | 2.5 | 3.6 | 2.0 | 0.3 | -50.7% |
| Others | 0.7 | 0.7 | 0.3 | 0.8 | 4.6% |
| Total | 23.1 | 30.1 | 21.0 | 50.1 | 29.4% |
Top Suppliers of Shelled Walnut to Turkey in 2022:
- China (6.1K tons)
- Iran (2.3K tons)
- Ukraine (1.9K tons)
- United States (1.7K tons)
- Kyrgyzstan (1.3K tons)
- Chile (0.9K tons)
- Moldova (0.4K tons)
- Uzbekistan (0.1K tons)
This report provides an in-depth analysis of the shelled walnut 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:
- FCL 222 - Walnuts
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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Shelled Hazelnut exports saw a significant increase of 139% month-on-month in September 2023, but dropped to $132M in January 2024 in value terms.
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