Turkey: Vinegar-Preserved Vegetable Market 2024

Vinegar-Preserved Vegetable Market Size in Turkey

In 2022, the Turkish vinegar-preserved vegetable market decreased by X% to $X, falling for the third consecutive year after six years of growth. Over the period under review, consumption continues to indicate a precipitous contraction. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Vinegar-Preserved Vegetable Production in Turkey

In value terms, vinegar-preserved vegetable production declined to $X in 2022 estimated in export price. Over the period under review, production, however, showed a buoyant expansion. The growth pace was the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Vinegar-Preserved Vegetable Exports

Exports from Turkey

In 2022, exports of vegetables in vinegar other than potatoes from Turkey expanded slightly to X tons, surging by X% compared with the year before. In general, total exports indicated a remarkable increase from 2012 to 2022: its volume 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, exports increased by X% against 2012 indices. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, vinegar-preserved vegetable exports totaled $X in 2022. Overall, total exports indicated a resilient increase 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, exports increased by X% against 2015 indices. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

Germany (X tons) was the main destination for vinegar-preserved vegetable exports from Turkey, accounting for a X% share of total exports. Moreover, vinegar-preserved vegetable exports to Germany exceeded the volume sent to the second major destination, the United States (X tons), twofold. The third position in this ranking was taken by the Netherlands (X tons), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and the Netherlands (X% per year).

In value terms, Germany ($X) remains the key foreign market for vegetables in vinegar other than potatoes exports from Turkey, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with an X% share of total exports. It was followed by the Netherlands, with a X% share.

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

Export Prices by Country

The average vinegar-preserved vegetable export price stood at $X per ton in 2022, rising by X% against the previous year. Overall, the export price, however, saw a mild setback. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were the Netherlands ($X per ton) and Greece ($X per ton), while the average price for exports to Bulgaria ($X per ton) and Russia ($X per ton) were amongst the lowest.

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

Vinegar-Preserved Vegetable Imports

Imports into Turkey

In 2022, vinegar-preserved vegetable imports into Turkey skyrocketed to X tons, jumping by X% on the previous year's figure. Over the period under review, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, vinegar-preserved vegetable imports surged to $X in 2022. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

The Netherlands (X tons), Germany (X tons) and China (X tons) were the main suppliers of vinegar-preserved vegetable imports to Turkey, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and China ($X) appeared to be the largest vinegar-preserved vegetable suppliers to Turkey, with a combined X% share of total imports.

The Netherlands, with a CAGR of X%, saw the highest rates of growth with regard to 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

The average vinegar-preserved vegetable import price stood at $X per ton in 2022, reducing by X% against the previous year. In general, the import price recorded a slight curtailment. The pace of growth was the most pronounced in 2019 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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