Turkey: Brewing Dregs Market 2024

Brewing Dregs Market Size in Turkey

After two years of growth, the Turkish brewing dregs market decreased by X% to $X in 2022. In general, consumption showed a perceptible descent. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Brewing Dregs Production in Turkey

In value terms, brewing dregs production declined significantly to $X in 2022 estimated in export price. Over the period under review, production showed a precipitous setback. The pace of growth appeared the most rapid in 2014 with a decrease of X% against the previous year. Brewing dregs production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Brewing Dregs Exports

Exports from Turkey

In 2022, overseas shipments of brewing or distilling dregs and waste decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, saw significant growth. The pace of growth was the most pronounced in 2015 with an increase of X%. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, brewing dregs exports contracted modestly to $X in 2022. Over the period under review, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Cyprus (X tons) was the main destination for brewing dregs exports from Turkey, with a X% share of total exports. Moreover, brewing dregs exports to Cyprus exceeded the volume sent to the second major destination, Iraq (X tons), more than tenfold.

From 2014 to 2022, the average annual growth rate of volume to Cyprus totaled X%.

In value terms, Cyprus ($X) remains the key foreign market for brewing or distilling dregs and waste exports from Turkey, comprising X% of total exports. The second position in the ranking was held by Iraq ($X), with a X% share of total exports.

From 2014 to 2022, the average annual growth rate of value to Cyprus amounted to X%.

Export Prices by Country

The average brewing dregs export price stood at $X per ton in 2022, rising by X% against the previous year. In general, export price indicated a strong increase from 2014 to 2022: its price increased at an average annual rate of X% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, brewing dregs export price increased by X% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Cyprus ($X per ton), while the average price for exports to Iraq stood at $X per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (X%), while the prices for the other major destinations experienced mixed trend patterns.

Brewing Dregs Imports

Imports into Turkey

In 2022, overseas purchases of brewing or distilling dregs and waste decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, brewing dregs imports dropped sharply to $X in 2022. Over the period under review, imports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2021, and then shrank significantly in the following year.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of brewing dregs to Turkey, with a X% share of total imports. Moreover, brewing dregs imports from the United States exceeded the figures recorded by the second-largest supplier, Russia (X tons), fivefold. Bulgaria (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (X% per year) and Bulgaria (X% per year).

In value terms, the United States ($X) constituted the largest supplier of brewing or distilling dregs and waste to Turkey, comprising X% of total imports. The second position in the ranking was held by Russia ($X), with a X% share of total imports. It was followed by Bulgaria, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (X% per year) and Bulgaria (X% per year).

Import Prices by Country

In 2022, the average brewing dregs import price amounted to $X per ton, picking up by X% against the previous year. In general, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, brewing dregs import price increased by X% against 2018 indices. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Russia ($X per ton) and Hungary ($X per ton), while the price for Paraguay ($X per ton) and Bulgaria ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Paraguay (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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