Wine Lees; Argol Price in Turkey - 2023

Contents:

  1. Wine Lees; Argol Price in Turkey (FOB) - 2022
  2. Wine Lees; Argol Price in Turkey (CIF) - 2022
  3. Wine Lees; Argol Exports in Turkey
  4. Wine Lees; Argol Imports in Turkey

Wine Lees; Argol Price in Turkey (FOB) - 2022

The average wine lees; argol export price stood at $1,082 per ton in 2022, falling by -1.8% against the previous year. Over the period under review, the export price saw a mild downturn. The most prominent rate of growth was recorded in 2018 an increase of 114% against the previous year. The export price peaked at $1,332 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to -3.6% per year.

Wine Lees; Argol Price in Turkey (CIF) - 2022

The average wine lees; argol import price stood at $661 per ton in 2022, rising by 18% against the previous year. Over the period under review, the import price showed a strong expansion. The pace of growth appeared the most rapid in 2021 when the average import price increased by 309% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for Uzbekistan.

From 2015 to 2022, the rate of growth in terms of prices for Uzbekistan amounted to +82.1% per year.

Wine Lees; Argol Exports in Turkey

For the third consecutive year, Turkey recorded decline in overseas shipments of wine lees; argol, which decreased by -86.7% to 946 kg in 2022. Overall, exports recorded a sharp slump. The smallest decline of -43.2% was in 2020.

In value terms, wine lees; argol exports declined rapidly to $1K in 2022. Over the period under review, exports saw a precipitous curtailment. The smallest decline of -44.4% was in 2020.

Export of Wine Lees; Argol in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/AN/AN/A1.00%
Spain69.828.35.9N/A-70.9%
OthersN/A10.51.9N/A-81.9%
Total69.838.87.81.0-75.7%

Top Export Markets for Wine Lees; Argol from Turkey in 2022:

  1. Russia (946.0 kg)

Wine Lees; Argol Imports in Turkey

In 2022, purchases abroad of wine lees; argol decreased by -34.9% to 37 tons, falling for the second year in a row after two years of growth. In general, imports saw a slight curtailment. The pace of growth appeared the most rapid in 2020 when imports increased by 226% against the previous year. As a result, imports attained the peak of 126 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, wine lees; argol imports fell dramatically to $25K in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 85% against the previous year. As a result, imports reached the peak of $32K, and then reduced sharply in the following year.

Import of Wine Lees; Argol in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uzbekistan1.0N/A4.424.6190.8%
Chile6.2N/A24.5N/A98.8%
Ukraine1.017.23.0N/A73.2%
Others3.3N/AN/AN/A0%
Total11.517.231.924.628.8%

Top Suppliers of Wine Lees; Argol to Turkey in 2022:

  1. Uzbekistan (37.2 tons)

Source: IndexBox Market Intelligence Platform

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