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Latest Report Update: Jan 18, 2020

Turkey - Sugar - Market Analysis, Forecast, Size, Trends and Insights

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Turkey: Sugar Market Overview 2020

Sugar Market Size in Turkey

The revenue of the sugar market in Turkey amounted to $X in 2018, jumping by X% against the previous year. Overall, the total market indicated a remarkable expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, sugar consumption increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Sugar consumption peaked at $X in 2011; however, from 2012 to 2018, consumption failed to regain its momentum.

Sugar Production in Turkey

In value terms, sugar production stood at $X in 2018 estimated in export prices. Overall, sugar production continues to indicate a prominent increase. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. In that year, sugar production attained its peak level of $X. From 2012 to 2018, sugar production growth remained at a lower figure.

Sugar Exports

Exports from Turkey

In 2018, the sugar exports from Turkey amounted to X tonnes, increasing by X% against the previous year. In general, sugar exports, however, continue to indicate a pronounced slump. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Exports peaked at X tonnes in 2008; however, from 2009 to 2018, exports remained at a lower figure.

In value terms, sugar exports amounted to $X in 2018. Over the period under review, sugar exports, however, continue to indicate resilient growth. The pace of growth was the most pronounced in 2018 with an increase of X% y-o-y. Exports peaked at $X in 2008; however, from 2009 to 2018, exports failed to regain their momentum.

Exports by Country

Kyrgyzstan (X tonnes) was the main destination for sugar exports from Turkey, accounting for a X% share of total exports. Moreover, sugar exports to Kyrgyzstan exceeded the volume sent to the second major destination, Azerbaijan (X tonnes), fourfold. Iran (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to Kyrgyzstan totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Azerbaijan (-X% per year) and Iran (-X% per year).

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

From 2007 to 2018, the average annual rate of growth in terms of value to Kyrgyzstan stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ireland (+X% per year) and Azerbaijan (-X% per year).

Export Prices by Country

In 2018, the average sugar export price amounted to $X per tonne, growing by X% against the previous year. Over the period under review, the sugar export price continues to indicate a strong increase. The growth pace was the most rapid in 2011 when the average export price increased by X% against the previous year. In that year, the average export prices for sugar reached their peak level of $X per tonne. From 2012 to 2018, the growth in terms of the average export prices for sugar remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Ireland ($X per tonne), while the average price for exports to Iran ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan, while the prices for the other major destinations experienced a decline.

Sugar Imports

Imports into Turkey

In 2018, the amount of sugar imported into Turkey stood at X tonnes, shrinking by -X% against the previous year. Overall, sugar imports continue to indicate a dramatic deduction. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, sugar imports attained their maximum at X tonnes in 2008; however, from 2009 to 2018, imports remained at a lower figure.

In value terms, sugar imports amounted to $X in 2018. Overall, sugar imports continue to indicate a precipitous deduction. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2018, imports failed to regain their momentum.

Imports by Country

Brazil (X tonnes), Saudi Arabia (X tonnes) and Guatemala (X tonnes) were the main suppliers of sugar imports to Turkey.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by India (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X) constituted the largest supplier of sugar to Turkey, comprising X% of total sugar imports. The second position in the ranking was occupied by Guatemala ($X), with a X% share of total imports. It was followed by Saudi Arabia, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value from Brazil amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Guatemala (+X% per year) and Saudi Arabia (+X% per year).

Import Prices by Country

The average sugar import price stood at $X per tonne in 2018, lowering by -X% against the previous year. In general, the sugar import price, however, continues to indicate a strong increase. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. In that year, the average import prices for sugar attained their peak level of $X per tonne. From 2017 to 2018, the growth in terms of the average import prices for sugar remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Guatemala ($X per tonne), while the price for Saudi Arabia ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Saudi Arabia, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Product coverage:
• FCL 162 - Sugar, Raw Centrifugal
• FCL 163 -

This report provides an in-depth analysis of the sugar 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 2025
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
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
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, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
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 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007–2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2018
Figure 5:
Trade Balance, In Physical Terms, 2007–2018
Figure 6:
Trade Balance, In Value Terms, 2007–2018
Figure 7:
Per Capita Consumption, 2007–2018
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:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2018
Figure 22:
Production, In Value Terms, 2007–2018
Figure 23:
Area Harvested, 2007–2018
Figure 24:
Yield, 2007–2018
Figure 25:
Imports, In Physical Terms, 2007–2018
Figure 26:
Imports, In Value Terms, 2007–2018
Figure 27:
Imports, In Physical Terms, By Country, 2018
Figure 28:
Imports, In Physical Terms, By Country, 2007–2018
Figure 29:
Imports, In Value Terms, By Country, 2007–2018
Figure 30:
Import Prices, By Country Of Origin, 2007–2018
Figure 31:
Exports, In Physical Terms, 2007–2018
Figure 32:
Exports, In Value Terms, 2007–2018
Figure 33:
Exports, In Physical Terms, By Country, 2018
Figure 34:
Exports, In Physical Terms, By Country, 2007–2018
Figure 35:
Exports, In Value Terms, By Country, 2007–2018
Figure 36:
Export Prices, By Country Of Destination, 2007–2018
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