Turkey: Cream Fresh Market 2024

Cream Fresh Market Size in Turkey

The Turkish cream fresh market amounted to $X in 2022, therefore, remained relatively stable against the previous year. In general, consumption, however, showed prominent growth. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Cream Fresh Production in Turkey

In value terms, cream fresh production surged to $X in 2022 estimated in export price. In general, the total production indicated a temperate expansion from 2012 to 2022: its value 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Cream Fresh Exports

Exports from Turkey

Cream fresh exports from Turkey skyrocketed to X tons in 2022, with an increase of X% compared with the previous year's figure. In general, exports, however, showed a abrupt slump. The pace of growth was the most pronounced in 2018 with an increase of X%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, cream fresh exports soared to $X in 2022. Over the period under review, exports, however, showed a noticeable contraction. The growth pace was the most rapid in 2018 when exports increased by X%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Iraq (X tons) was the main destination for cream fresh exports from Turkey, with a X% share of total exports. Moreover, cream fresh exports to Iraq exceeded the volume sent to the second major destination, Syrian Arab Republic (X tons), twofold. Azerbaijan (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Iraq totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Syrian Arab Republic (X% per year) and Azerbaijan (X% per year).

In value terms, Iraq ($X) remains the key foreign market for cream fresh exports from Turkey, comprising X% of total exports. The second position in the ranking was held by Azerbaijan ($X), with a X% share of total exports. It was followed by Cyprus, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Iraq amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Azerbaijan (X% per year) and Cyprus (X% per year).

Export Prices by Country

The average cream fresh export price stood at $X per ton in 2022, growing by X% against the previous year. Overall, export price indicated a measured increase 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, cream fresh export price decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2020 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iraq ($X per ton), while the average price for exports to Georgia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Cream Fresh Imports

Imports into Turkey

After three years of decline, overseas purchases of cream fresh increased by X% to X tons in 2022. Overall, imports showed a resilient expansion. The pace of growth appeared the most rapid in 2013 when imports increased by X%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, cream fresh imports soared to $X in 2022. Over the period under review, imports continue to indicate prominent growth. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

Cyprus (X tons), Austria (X tons) and Egypt (X tons) were the main suppliers of cream fresh imports to Turkey, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Cyprus ($X), Austria ($X) and Egypt ($X) were the largest cream fresh suppliers to Turkey, together accounting for X% of total imports.

Austria, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cream fresh import price stood at $X per ton in 2022, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Egypt ($X per ton) and Austria ($X per ton), while the price for Germany ($X per ton) and Cyprus ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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