Turkey: Frozen Vegetable Market 2024

Frozen Vegetable Market Size in Turkey

The Turkish frozen vegetable market reduced notably to $X in 2022, with a decrease of X% against the previous year. Overall, consumption recorded a mild shrinkage. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Frozen Vegetable Production in Turkey

In value terms, frozen vegetable production contracted sharply to $X in 2022 estimated in export price. Over the period under review, production, however, showed prominent growth. The growth pace was the most rapid in 2018 when the production volume increased by X% against the previous year. Frozen vegetable production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

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Frozen Vegetable Exports

Exports from Turkey

Frozen vegetable exports from Turkey skyrocketed to X tons in 2022, increasing by X% against the previous year. In general, exports showed prominent growth. The pace of growth appeared the most rapid in 2016 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, frozen vegetable exports soared to $X in 2022. Overall, exports recorded a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia (X tons) was the main destination for frozen vegetable exports from Turkey, with a X% share of total exports. Moreover, frozen vegetable exports to Russia exceeded the volume sent to the second major destination, Iraq (X tons), twofold. The United States (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Russia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iraq (X% per year) and the United States (X% per year).

In value terms, Russia ($X) emerged as the key foreign market for frozen vegetables exports from Turkey, comprising X% of total exports. The second position in the ranking was taken by Iraq ($X), with a X% share of total exports. It was followed by the United States, with a X% share.

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

Export Prices by Country

In 2022, the average frozen vegetable export price amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price, however, continues to indicate a slight decline. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

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

Frozen Vegetable Imports

Imports into Turkey

Frozen vegetable imports into Turkey soared to X tons in 2022, increasing by X% compared with the year before. Overall, imports recorded a temperate increase. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, frozen vegetable imports surged to $X in 2022. In general, imports posted modest growth. Over the period under review, imports reached the peak figure at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Serbia (X tons) constituted the largest frozen vegetable supplier to Turkey, with a X% share of total imports. Moreover, frozen vegetable imports from Serbia exceeded the figures recorded by the second-largest supplier, Egypt (X tons), sevenfold. Iran (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Serbia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (X% per year) and Iran (X% per year).

In value terms, Serbia ($X) constituted the largest supplier of frozen vegetables to Turkey, comprising X% of total imports. The second position in the ranking was taken by Egypt ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Serbia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (X% per year) and China (X% per year).

Import Prices by Country

The average frozen vegetable import price stood at $X per ton in 2022, surging by X% against the previous year. In general, the import price, however, showed a mild curtailment. The pace of growth was the most pronounced in 2016 when the average import price increased by X%. Over the period under review, average import prices reached the maximum at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($X per ton), while the price for Iran ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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