Turkey: Dairy Produce Market 2024

Dairy Produce Market Size in Turkey

The Turkish dairy produce market shrank slightly to $X in 2022, dropping by X% against the previous year. Overall, the total consumption indicated a moderate 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, consumption increased by X% against 2020 indices. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Dairy Produce Production in Turkey

In value terms, dairy produce production reduced to $X in 2022 estimated in export price. In general, production posted a notable expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Dairy produce production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

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Dairy Produce Exports

Exports from Turkey

In 2022, approx. X tons of dairy produce were exported from Turkey; growing by X% on the previous year's figure. Over the period under review, exports enjoyed a strong increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, dairy produce exports skyrocketed to $X in 2022. Overall, exports posted a resilient expansion. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Iraq (X tons), Algeria (X tons) and Egypt (X tons) were the main destinations of dairy produce exports from Turkey, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Algeria (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for dairy produce exported from Turkey were Iraq ($X), Egypt ($X) and Algeria ($X), together accounting for X% of total exports.

Among the main countries of destination, Algeria, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average dairy produce export price amounted to $X per ton, surging by X% against the previous year. Over the period under review, export price indicated a perceptible 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, dairy produce export price increased by X% against 2018 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Georgia ($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 Libya (X%), while the prices for the other major destinations experienced more modest paces of growth.

Dairy Produce Imports

Imports into Turkey

In 2022, purchases abroad of dairy produce was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a noticeable downturn. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, dairy produce imports surged to $X in 2022. Overall, imports, however, continue to indicate a perceptible downturn. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Cyprus (X tons), Iran (X tons) and Ireland (X tons) were the main suppliers of dairy produce imports to Turkey, together comprising X% of total imports. The Netherlands, the United States, Italy, Germany, France, Poland, Austria, the UK, Denmark and New Zealand lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Cyprus ($X) constituted the largest supplier of dairy produce to Turkey, comprising X% of total imports. The second position in the ranking was held by Iran ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Cyprus totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Iran (X% per year) and the Netherlands (X% per year).

Import Prices by Country

The average dairy produce import price stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; afterwards, it flattened through to 2022.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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