Latest Report Update: Apr 8, 2021

Turkey - Lactose And Lactose Syrup - Market Analysis, Forecast, Size, Trends And Insights
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Turkey: Lactose Market Overview 2021

Lactose Market Size in Turkey

The Turkish lactose market dropped slightly to $X in 2019, approximately equating the previous year. In general, consumption, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 when the market value increased by X% year-to-year. Lactose consumption peaked at $X in 2013; however, from 2014 to 2019, consumption stood at a somewhat lower figure.

Lactose Production in Turkey

In value terms, lactose production expanded to $X in 2019 estimated in export prices. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2019, production failed to regain the momentum.

Lactose Exports

Exports from Turkey

In 2019, lactose exports from Turkey surged to X tonnes, picking up by X% compared with the year before. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Exports peaked in 2019 and are likely to see steady growth in the immediate term.

In value terms, lactose exports soared to $X in 2019. Over the period under review, exports enjoyed a significant increase. As a result, exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

India (X tonnes) was the main destination for lactose exports from Turkey, with a X% share of total exports. Moreover, lactose exports to India exceeded the volume sent to the second major destination, Iran (X tonnes), threefold. Japan (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume to India totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iran (+X% per year) and Japan (+X% per year).

In value terms, India ($X) remains the key foreign market for lactose exports from Turkey, comprising X% of total exports. The second position in the ranking was occupied by Iran ($X), with a X% share of total exports. It was followed by Japan, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value to India stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iran (+X% per year) and Japan (+X% per year).

Export Prices by Country

In 2019, the average lactose export price amounted to $X per tonne, growing by X% against the previous year. Over the period under review, the export price, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2009 an increase of X% year-to-year. Over the period under review, average export prices reached the peak figure at $X per tonne in 2010; however, from 2011 to 2019, export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2019, the highest prices were recorded for prices to Pakistan ($X per tonne) and Iran ($X per tonne), while the average price for exports to India ($X per tonne) and Russia ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria, while the prices for the other major destinations experienced mixed trend patterns.

Lactose Imports

Imports into Turkey

For the third year in a row, Turkey recorded growth in supplies from abroad of lactose and lactose syrup, which increased by X% to X tonnes in 2019. Over the period under review, imports recorded a prominent increase. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Imports peaked at X tonnes in 2010; however, from 2011 to 2019, imports failed to regain the momentum.

In value terms, lactose imports stood at $X in 2019. In general, total imports indicated a moderate increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2008 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2019, imports remained at a lower figure.

Imports by Country

Germany (X tonnes), the Netherlands (X tonnes) and Italy (X tonnes) were the main suppliers of lactose imports to Turkey, together comprising X% of total imports. France and the U.S. lagged somewhat behind, together comprising a further X 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France, while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and Italy ($X) were the largest lactose suppliers to Turkey, with a combined X% share of total imports. France and the U.S. lagged somewhat behind, together comprising a further X saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average lactose import price amounted to $X per tonne, waning by -X% against the previous year. Overall, the import price saw a pronounced decrease. The pace of growth was the most pronounced in 2012 an increase of X% year-to-year. The import price peaked at $X per tonne in 2014; however, from 2015 to 2019, import prices stood at a somewhat lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lactose and lactose syrup in the world?
+
The country with the largest volume of lactose consumption was China (593K tonnes), accounting for 25% of total volume. Moreover, lactose consumption in China exceeded the figures recorded by the second-largest consumer, India (245K tonnes), twofold. The third position in this ranking was occupied by the U.S. (161K tonnes), with a 6.8% share.
What are the largest producers of lactose and lactose syrup in the world?
+
The countries with the highest volumes of lactose production in 2019 were the U.S. (534K tonnes), China (487K tonnes) and Germany (290K tonnes), together comprising 57% of global production. India, Brazil, the Netherlands, Turkey, France, Denmark, the UK and Italy lagged somewhat behind, together accounting for a further 29%.
What are the leading suppliers of lactose and lactose syrup to Turkey?
+
In value terms, the Netherlands ($3.2M), Germany ($2.8M) and Italy ($469K) appeared to be the largest lactose suppliers to Turkey, with a combined 90% share of total imports. These countries were followed by France and the U.S., which together accounted for a further 9.7%.
What are the leading importers of lactose and lactose syrup from Turkey?
+
In value terms, India ($1.9M) remains the key foreign market for lactose exports from Turkey, comprising 48% of total exports. The second position in the ranking was occupied by Iran ($791K), with a 20% share of total exports. It was followed by Japan, with a 8.8% share.
What is the average export price for lactose and lactose syrup in Turkey?
+
The average lactose export price stood at $950 per tonne in 2019, increasing by 7.9% against the previous year.
What is the average import price for lactose and lactose syrup in Turkey?
+
The average lactose import price stood at $1,735 per tonne in 2019, falling by -10.2% against the previous year.

Product coverage:
• Prodcom 10515400 - Lactose and lactose syrup (including chemically pure lactose)

This report provides an in-depth analysis of the lactose 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.


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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