Turkey: Concentrated Orange Juice Market 2024

Concentrated Orange Juice Market Size in Turkey

After three years of decline, the Turkish concentrated orange juice market increased by 86% to $X in 2021. In general, consumption, however, continues to indicate a slight setback. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Concentrated Orange Juice Production in Turkey

In value terms, concentrated orange juice production fell to $X in 2021 estimated in export price. In general, production recorded resilient growth. The growth pace was the most rapid in 2015 when the production volume increased by 52% against the previous year. Concentrated orange juice production peaked at $X in 2020, and then contracted in the following year.

Concentrated Orange Juice Exports

Exports from Turkey

In 2021, shipments abroad of concentrated orange juice decreased by -0.1% to X tons, falling for the third year in a row after two years of growth. Overall, exports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 325% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports failed to regain momentum.

In value terms, concentrated orange juice exports surged to $X in 2021. Over the period under review, exports, however, recorded buoyant growth. The growth pace was the most rapid in 2015 with an increase of 473%. Over the period under review, the exports attained the peak figure at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Australia (X tons) was the main destination for concentrated orange juice exports from Turkey, accounting for a 35% share of total exports. Moreover, concentrated orange juice exports to Australia exceeded the volume sent to the second major destination, the Netherlands (X tons), fourfold. Iran (X tons) ranked third in terms of total exports with an 8.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Australia amounted to +88.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+127.1% per year) and Iran (+157.7% per year).

In value terms, Australia ($X) emerged as the key foreign market for concentrated orange juice exports from Turkey, comprising 45% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 10% share of total exports. It was followed by Iran, with a 7.6% share.

From 2012 to 2021, the average annual growth rate of value to Australia amounted to +80.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+134.4% per year) and Iran (+168.0% per year).

Export Prices by Country

The average concentrated orange juice export price stood at $X per ton in 2021, increasing by 20% against the previous year. In general, export price indicated a resilient expansion from 2012 to 2021: its price increased at an average annual rate of +5.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 when the average export price increased by 35% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Australia ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.

Concentrated Orange Juice Imports

Imports into Turkey

Concentrated orange juice imports into Turkey was estimated at X tons in 2021, growing by 2.1% on the year before. Over the period under review, imports, however, showed a slight setback. The growth pace was the most rapid in 2020 when imports increased by 154% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, concentrated orange juice imports reached $X in 2021. In general, imports, however, continue to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2020 with an increase of 180% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Brazil (X tons) constituted the largest concentrated orange juice supplier to Turkey, accounting for a 82% share of total imports. Moreover, concentrated orange juice imports from Brazil exceeded the figures recorded by the second-largest supplier, Cyprus (X tons), sevenfold. The third position in this ranking was held by the Netherlands (X tons), with a 4.7% share.

From 2012 to 2021, the average annual growth rate of volume from Brazil totaled +4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Cyprus (-4.3% per year) and the Netherlands (-9.7% per year).

In value terms, Brazil ($X) constituted the largest supplier of concentrated orange juice to Turkey, comprising 81% of total imports. The second position in the ranking was held by Cyprus ($X), with a 12% share of total imports. It was followed by the Netherlands, with a 4.7% share.

From 2012 to 2021, the average annual growth rate of value from Brazil amounted to +1.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Cyprus (-8.5% per year) and the Netherlands (-14.1% per year).

Import Prices by Country

In 2021, the average concentrated orange juice import price amounted to $X per ton, increasing by 12% against the previous year. Overall, the import price, however, saw a perceptible decline. The pace of growth appeared the most rapid in 2017 an increase of 30% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the highest price was recorded for prices from Israel ($X per ton) and Cyprus ($X per ton), while the price for Brazil ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Israel (-2.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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