Turkey - Cherries - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCherry Price in Turkey - 2023
Contents:
- Cherry Price in Turkey (FOB) - 2022
- Cherry Price in Turkey (CIF) - 2022
- Cherry Exports in Turkey
- Cherry Imports in Turkey
Cherry Price in Turkey (FOB) - 2022
The average cherry export price stood at $2,619 per ton in 2022, approximately equating the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 28%. The export price peaked at $2,894 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($5,675 per ton), while the average price for exports to Iraq ($477 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 Russia (+8.0%), while the prices for the other major destinations experienced mixed trend patterns.
Cherry Price in Turkey (CIF) - 2022
In 2022, the average cherry import price amounted to $3,192 per ton, growing by 9.4% against the previous year. Overall, the import price, however, showed a pronounced downturn. The most prominent rate of growth was recorded in 2020 an increase of 84%. Over the period under review, average import prices attained the maximum at $4,737 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Chile.
From 2012 to 2022, the rate of growth in terms of prices for Argentina amounted to -2.5% per year.
Cherry Exports in Turkey
In 2022, overseas shipments of cherries decreased by -27.4% to 51K tons, falling for the second year in a row after two years of growth. In general, exports faced a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of 14% against the previous year. As a result, the exports attained the peak of 92K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, cherry exports dropped remarkably to $134M in 2022. Over the period under review, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 22%. As a result, the exports attained the peak of $224M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Cherry in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 43.4 | 51.7 | 37.9 | 56.0 | 8.9% |
| Germany | 86.9 | 90.5 | 89.0 | 48.4 | -17.7% |
| Norway | 6.5 | 7.8 | 9.0 | 6.6 | 0.5% |
| Netherlands | 10.1 | 7.6 | 8.9 | 4.0 | -26.6% |
| Denmark | 3.4 | 3.9 | 3.4 | 3.1 | -3.0% |
| Austria | 5.8 | 13.6 | 9.8 | 1.9 | -31.1% |
| Sweden | 3.1 | 4.0 | 4.3 | 1.6 | -19.8% |
| Iraq | 2.8 | 4.4 | 3.5 | 1.3 | -22.6% |
| Others | 21.7 | 40.1 | 17.9 | 11.2 | -19.8% |
| Total | 184 | 224 | 183 | 134 | -10.0% |
Top Export Markets for Cherry from Turkey in 2022:
- Russia (24.6K tons)
- Germany (15.3K tons)
- Iraq (2.8K tons)
- Norway (1.2K tons)
- Netherlands (1.1K tons)
- Denmark (1.0K tons)
- Sweden (0.8K tons)
- Austria (0.4K tons)
Cherry Imports in Turkey
In 2022, overseas purchases of cherries decreased by -98.1% to 781 kg, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a sharp decline. The most prominent rate of growth was recorded in 2020 when imports increased by 118%. As a result, imports reached the peak of 101 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, cherry imports fell significantly to $2.5K in 2022. In general, imports faced a precipitous contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 301%. As a result, imports attained the peak of $194K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Cherry in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | N/A | N/A | 1.1 | 2.4 | 118.2% |
| Russia | N/A | 117 | 111 | N/A | -5.1% |
| Cyprus | 2.2 | 48.4 | N/A | N/A | 2100.0% |
| Iraq | N/A | 26.9 | N/A | N/A | 0% |
| Belarus | 40.2 | N/A | N/A | N/A | 0% |
| Others | 5.9 | 1.7 | 6.9 | 0.1 | -74.3% |
| Total | 48.3 | 194 | 119 | 2.5 | -62.7% |
Top Suppliers of Cherry to Turkey in 2022:
- Chile (750.0 kg)
This report provides an in-depth analysis of the cherry 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 2030.
Product coverage:
- FCL 531 - Cherries
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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