
Turkey - Kola Nuts - Market Analysis, Forecast, Size, Trends and Insights
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Turkey: Kola Nut Market Overview 2021
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Kola Nut Market Size in Turkey
The Turkish kola nut market was estimated at $X in 2019, remaining stable against the previous year. In general, consumption showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2017; afterwards, it flattened through to 2019.
Kola Nut Production in Turkey
In value terms, kola nut production expanded remarkably to $X in 2019 estimated in export prices. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2019, production growth remained at a somewhat lower figure.
In 2019, the average yield of kola nuts in Turkey stood at X kg per ha, approximately mirroring the previous year. In general, the yield continues to indicate a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2019, the total area harvested in terms of kola nuts production in Turkey totaled X ha, remaining stable against the previous year's figure. Overall, the harvested area recorded a relatively flat trend pattern.
Kola Nut Exports
Exports from Turkey
In 2019, shipments abroad of kola nuts decreased by X% to X kg, falling for the second consecutive year after six years of growth. In general, exports posted a significant increase. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, exports attained the peak of X kg. From 2018 to 2019, the growth exports failed to regain the momentum.
In value terms, kola nut exports totaled $X in 2019. Overall, exports showed a significant increase. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. As a result, exports reached the peak of $X. From 2018 to 2019, the growth exports remained at a somewhat lower figure.
Exports by Country
South Africa (X kg) was the main destination for kola nut exports from Turkey, with a approx. X% share of total exports.
From 2012 to 2017, the average annual rate of growth in terms of volume to South Africa was relatively modest.
From 2012 to 2017, the average annual growth rate of value to South Africa was relatively modest.
Export Prices by Country
The average kola nut export price stood at $X per tonne in 2017, growing by X% against the previous year. Over the period under review, the export price enjoyed a significant increase. As a result, export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for South Africa.
From 2012 to 2017, the rate of growth in terms of prices for South Africa amounted to X% per year.
Kola Nut Imports
Imports into Turkey
In 2019, the amount of kola nuts imported into Turkey stood at X kg, approximately equating 2018. Over the period under review, imports continue to indicate a relatively flat trend pattern. Imports peaked at X kg in 2017; however, from 2018 to 2019, imports remained at a lower figure.
In value terms, kola nut imports amounted to $X in 2019. In general, imports continue to indicate a relatively flat trend pattern. Over the period under review, imports reached the peak figure at $X in 2017; however, from 2018 to 2019, imports stood at a somewhat lower figure.
Imports by Country
In 2017, Nigeria (X kg) was the main supplier of kola nut to Turkey, accounting for a approx. X% share of total imports.
From 2012 to 2017, the average annual rate of growth in terms of volume from Nigeria was relatively modest.
In value terms, Nigeria ($X) constituted the largest supplier of kola nut to Turkey.
From 2012 to 2017, the average annual growth rate of value from Nigeria was relatively modest.
Import Prices by Country
The average kola nut import price stood at $X per tonne in 2017, approximately mirroring the previous year. In general, the import price recorded a relatively flat trend pattern. The import price peaked in 2017 and is expected to retain growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Nigeria.
From 2012 to 2017, the rate of growth in terms of prices for Nigeria amounted to X% per year.
Source: IndexBox AI Platform
Frequently Asked Questions (FAQ) :
What are the largest markets for kola nuts in the world?+
Nigeria (162K tonnes) constituted the country with the largest volume of kola nut consumption, accounting for 51% of total volume. Moreover, kola nut consumption in Nigeria exceeded the figures recorded by the second-largest consumer, Cote d'Ivoire (60K tonnes), threefold. The third position in this ranking was occupied by Cameroon (51K tonnes), with a 16% share.
What are the largest producers of kola nuts in the world?+
Nigeria (161K tonnes) constituted the country with the largest volume of kola nut production, accounting for 52% of total volume. Moreover, kola nut production in Nigeria exceeded the figures recorded by the second-largest producer, Cote d'Ivoire (60K tonnes), threefold. The third position in this ranking was occupied by Cameroon (51K tonnes), with a 16% share.
What are the leading suppliers of kola nuts to Turkey?+
In value terms, Nigeria ($279) constituted the largest supplier of kola nut to Turkey.
What is the average export price for kola nuts in Turkey?+
The average kola nut export price stood at $10,391 per tonne in 2017, growing by 108% against the previous year.
What is the average import price for kola nuts in Turkey?+
The average kola nut import price stood at $93,000 per tonne in 2017, approximately mirroring the previous year.
This report provides an in-depth analysis of the kola nut market 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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