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Turkey - Condensed Or Evaporated Milk (Unsweetened) - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

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Turkey: Overview of the Market for Condensed Or Evaporated Milk (Unsweetened) 2021

Market Size for Condensed Or Evaporated Milk (Unsweetened) in Turkey

For the eighth consecutive year, the Turkish market for condensed or evaporated milk (unsweetened) recorded growth in sales value, which increased by X% to $X in 2019. In general, consumption enjoyed significant growth. The most prominent rate of growth was recorded in 2010 when the market value increased by X% year-to-year. Unsweetened condensed and evaporated milk consumption peaked in 2019 and is expected to retain growth in the immediate term.

Production of Condensed Or Evaporated Milk (Unsweetened) in Turkey

In value terms, unsweetened condensed and evaporated milk production rose slightly to $X in 2019 estimated in export prices. Overall, production saw a significant increase. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Unsweetened condensed and evaporated milk production peaked in 2019 and is expected to retain growth in the immediate term.

Exports of Condensed Or Evaporated Milk (Unsweetened)

Exports from Turkey

In 2019, shipments abroad of condensed or evaporated milk (unsweetened) decreased by -X% to X tonnes, falling for the third consecutive year after three years of growth. Overall, exports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2015 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at X tonnes in 2016; however, from 2017 to 2019, exports remained at a lower figure.

In value terms, unsweetened condensed and evaporated milk exports reduced markedly to $X in 2019. In general, exports saw a abrupt slump. The pace of growth appeared the most rapid in 2016 with an increase of X% year-to-year. Over the period under review, exports hit record highs at $X in 2017; however, from 2018 to 2019, exports stood at a somewhat lower figure.

Exports by Country

France (X tonnes) was the main destination for unsweetened condensed and evaporated milk exports from Turkey, with a X% share of total exports. Moreover, unsweetened condensed and evaporated milk exports to France exceeded the volume sent to the second major destination, Saudi Arabia (X tonnes), fourfold. The third position in this ranking was occupied by Kuwait (X tonnes), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume to France was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (-X% per year) and Kuwait (-X% per year).

In value terms, France ($X), Kuwait ($X) and the United Arab Emirates ($X) constituted the largest markets for unsweetened condensed and evaporated milk exported from Turkey worldwide, together accounting for X% of total exports.

France recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average export price for condensed or evaporated milk (unsweetened) stood at $X per tonne in 2019, reducing by -X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by X% year-to-year. Over the period under review, average export prices hit record highs at $X per tonne in 2008; however, from 2009 to 2019, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the United Arab Emirates ($X per tonne), while the average price for exports to France ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Condensed Or Evaporated Milk (Unsweetened)

Imports into Turkey

In 2019, overseas purchases of condensed or evaporated milk (unsweetened) decreased by -X% to X tonnes, falling for the fifth year in a row after three years of growth. In general, imports recorded a deep slump. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. Over the period under review, imports reached the maximum at X tonnes in 2009; however, from 2010 to 2019, imports stood at a somewhat lower figure.

In value terms, unsweetened condensed and evaporated milk imports stood at $X in 2019. Overall, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2008 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2009 to 2019, the growth imports failed to regain the momentum.

Imports by Country

In 2019, the UK (X tonnes) constituted the largest supplier of unsweetened condensed and evaporated milk to Turkey, with a X% share of total imports. Moreover, unsweetened condensed and evaporated milk imports from the UK exceeded the figures recorded by the second-largest supplier, Germany (X tonnes), fourfold. The third position in this ranking was occupied by the United Arab Emirates (X tonnes), with a X% share.

From 2007 to 2019, the average annual growth rate of volume from the UK amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and the United Arab Emirates (-X% per year).

In value terms, the UK ($X) constituted the largest supplier of unsweetened condensed and evaporated milk to Turkey, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value from the UK stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and the United Arab Emirates (-X% per year).

Import Prices by Country

The average import price for condensed or evaporated milk (unsweetened) stood at $X per tonne in 2019, rising by X% against the previous year. Overall, the import price, however, showed a noticeable setback. The most prominent rate of growth was recorded in 2015 an increase of X% year-to-year. Over the period under review, average import prices attained the peak figure at $X per tonne in 2008; however, from 2009 to 2019, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Greece ($X per tonne), while the price for the UK ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for condensed or evaporated milk (unsweetened) in the world?
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The countries with the highest volumes of unsweetened condensed and evaporated milk consumption in 2019 were Peru (456K tonnes), the Netherlands (240K tonnes) and Russia (212K tonnes), together comprising 30% of global consumption. Germany, the U.S., Mexico, Singapore, Greece, China, Belgium, Oman, Belarus and the Czech Republic lagged somewhat behind, together comprising a further 37%.
What are the largest producers of condensed or evaporated milk (unsweetened) in the world?
+
The countries with the highest volumes of unsweetened condensed and evaporated milk production in 2019 were Peru (521K tonnes), Germany (428K tonnes) and the Netherlands (344K tonnes), together comprising 44% of global production. The U.S., Russia, Mexico, Singapore, France, China, Belarus, the Czech Republic, Canada and Ukraine lagged somewhat behind, together accounting for a further 36%.
What are the leading suppliers of condensed or evaporated milk (unsweetened) to Turkey?
+
In value terms, the UK ($28K) constituted the largest supplier of unsweetened condensed and evaporated milk to Turkey, comprising 57% of total imports. The second position in the ranking was occupied by Germany ($9.5K), with a 19% share of total imports. It was followed by the United Arab Emirates, with a 9% share.
What are the leading importers of condensed or evaporated milk (unsweetened) from Turkey?
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In value terms, France ($107K), Kuwait ($92K) and the United Arab Emirates ($68K) were the largest markets for unsweetened condensed and evaporated milk exported from Turkey worldwide, together accounting for 79% of total exports.
What is the average export price for condensed or evaporated milk (unsweetened) in Turkey?
+
The average export price for condensed or evaporated milk (unsweetened) stood at $2,165 per tonne in 2019, declining by -12.2% against the previous year.
What is the average import price for condensed or evaporated milk (unsweetened) in Turkey?
+
In 2019, the average import price for condensed or evaporated milk (unsweetened) amounted to $1,971 per tonne, picking up by 16% against the previous year.

Product coverage:
• FCL 894 - Whole Milk, Evaporated
• FCL 895 - Skim Milk, Evaporated

This report provides an in-depth analysis of the market for unsweetened condensed and evaporated milk 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 2025.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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