Turkey - Whole Fresh Milk - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWhole Fresh Milk Price in Turkey - 2023
Contents:
- Whole Fresh Milk Price in Turkey (FOB) - 2023
- Whole Fresh Milk Price in Turkey (CIF) - 2022
- Whole Fresh Milk Exports in Turkey
- Whole Fresh Milk Imports in Turkey
Whole Fresh Milk Price in Turkey (FOB) - 2023
In July 2023, the average whole fresh milk export price amounted to $740 per ton, shrinking by -12.1% against the previous month. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 when the average export price increased by 26% against the previous month. The export price peaked at $922 per ton in March 2023; however, from April 2023 to July 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In July 2023, the highest price was recorded for prices to Mauritius ($846 per ton) and Mauritania ($805 per ton), while the average price for exports to Cyprus ($703 per ton) and Serbia ($726 per ton) were amongst the lowest.
From September 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Libya (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.
Whole Fresh Milk Price in Turkey (CIF) - 2022
In 2022, the average whole fresh milk import price amounted to $809 per ton, rising by 63% against the previous year. Over the period under review, the import price, however, showed a perceptible downturn. The most prominent rate of growth was recorded in 2017 when the average import price increased by 90%. The import price peaked at $1,558 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Egypt ($825 per ton), while the price for Georgia totaled $802 per ton.
From 2015 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+22.0%), while the prices for the other major suppliers experienced a decline.
Whole Fresh Milk Exports in Turkey
For the third year in a row, Turkey recorded decline in overseas shipments of whole fresh milk, which decreased by -4.3% to 12K tons in 2022. In general, exports recorded a dramatic setback.
In value terms, whole fresh milk exports expanded significantly to $8.5M in 2022. Over the period under review, exports showed a deep reduction.
| Export of Whole Fresh Milk in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iraq | 3.1 | 3.6 | 2.5 | 2.1 | -12.2% |
| Mauritania | 0.3 | 0.3 | 0.7 | 1.1 | 54.2% |
| Libya | 7.9 | 4.6 | 2.2 | 0.9 | -51.5% |
| Georgia | 0.2 | 0.1 | 0.1 | 0.8 | 58.7% |
| Serbia | N/A | 0.1 | N/A | 0.7 | 164.6% |
| Cyprus | 0.5 | 0.8 | 0.5 | 0.6 | 6.3% |
| Azerbaijan | 0.2 | 0.2 | 0.4 | 0.4 | 26.0% |
| China | N/A | N/A | N/A | 0.4 | 0% |
| Qatar | 0.9 | 0.4 | 0.3 | 0.2 | -39.4% |
| Others | 0.7 | 1.2 | 1.0 | 1.3 | 22.9% |
| Total | 14.0 | 11.3 | 7.7 | 8.5 | -15.3% |
Top Export Markets for Whole Fresh Milk from Turkey in 2022:
- Iraq (2.9K tons)
- Mauritania (1.4K tons)
- Libya (1.4K tons)
- Georgia (1.2K tons)
- Serbia (1.0K tons)
- Cyprus (0.8K tons)
- Azerbaijan (0.7K tons)
- China (0.6K tons)
- Qatar (0.2K tons)
Whole Fresh Milk Imports in Turkey
In 2022, overseas purchases of whole fresh milk increased by 307% to 13 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a sharp curtailment.
In value terms, whole fresh milk imports soared to $11K in 2022. Overall, imports, however, showed a precipitous slump.
| Import of Whole Fresh Milk in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Georgia | N/A | N/A | N/A | 8.7 | 0% |
| Egypt | N/A | N/A | N/A | 1.8 | 0% |
| New Zealand | 273 | N/A | N/A | N/A | 0% |
| United Arab Emirates | 130 | N/A | N/A | N/A | 0% |
| Libya | 179 | N/A | N/A | N/A | 0% |
| Qatar | 15.5 | N/A | N/A | N/A | 0% |
| Others | 8.0 | 14.9 | 1.6 | 0.1 | -76.8% |
| Total | 605 | 14.9 | 1.6 | 10.6 | -74.0% |
Top Suppliers of Whole Fresh Milk to Turkey in 2022:
- Georgia (10.8 tons)
- Egypt (2.2 tons)
This report provides an in-depth analysis of the whole fresh milk 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 1130 - Camel milk
- FCL 882 - Cow milk, whole (fresh)
- FCL 1020 - Goat milk
- FCL 982 - Sheep milk
- FCL 951 - Buffalo milk
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
-
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
- COUNTRIES WITH TOP YIELDS
- 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, PRODUCING ANIMALS AND YIELD
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
- Yield 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
- Producing Animals Slaughtered, 2012–2023
- Yield, 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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