Turkey - Chilies And Peppers (Green) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingChili and Pepper Price in Turkey - 2023
Contents:
- Chili and Pepper Price in Turkey (FOB) - 2022
- Chili and Pepper Price in Turkey (CIF) - 2022
- Chili and Pepper Exports in Turkey
- Chili and Pepper Imports in Turkey
Chili and Pepper Price in Turkey (FOB) - 2022
The average chili and pepper export price stood at $1,270 per ton in 2022, jumping by 21% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($1,772 per ton), while the average price for exports to Syrian Arab Republic ($141 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 Romania (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.
Chili and Pepper Price in Turkey (CIF) - 2022
In 2022, the average chili and pepper import price amounted to $1,421 per ton, with an increase of 7.3% against the previous year. Overall, the import price, however, continues to indicate a perceptible decline. The pace of growth was the most pronounced in 2019 an increase of 153% against the previous year. Over the period under review, average import prices reached the maximum at $2,461 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($2,226 per ton), while the price for Bulgaria ($601 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+18.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Chili and Pepper Exports in Turkey
In 2022, after three years of growth, there was significant decline in overseas shipments of chilies and peppers (green), when their volume decreased by -16.1% to 159K tons. In general, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +12.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +42.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 35% against the previous year.
In value terms, chili and pepper exports expanded slightly to $201M in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +17.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.2% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 27% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in years to come.
Export of Chili and Pepper in Turkey (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 36.2 | 41.5 | 47.0 | 52.6 | 13.3% |
Romania | 20.2 | 24.6 | 32.1 | 34.1 | 19.1% |
Russia | 14.0 | 23.6 | 23.7 | 23.0 | 18.0% |
Austria | 7.3 | 7.5 | 8.7 | 10.8 | 13.9% |
Netherlands | 7.9 | 9.5 | 10.7 | 10.5 | 9.9% |
United Kingdom | 6.0 | 7.4 | 9.0 | 9.4 | 16.1% |
Bulgaria | 6.2 | 7.4 | 11.8 | 8.1 | 9.3% |
Ukraine | 4.1 | 6.3 | 9.9 | 7.2 | 20.6% |
Belarus | 0.9 | 0.6 | 8.6 | 5.9 | 87.2% |
Serbia | 1.4 | 2.3 | 3.4 | 3.8 | 39.5% |
Bosnia and Herzegovina | 1.8 | 2.0 | 2.3 | 2.3 | 8.5% |
Georgia | 1.1 | 1.9 | 0.8 | 0.7 | -14.0% |
Syrian Arab Republic | N/A | N/A | N/A | 0.4 | 0% |
Others | 17.8 | 21.7 | 29.7 | 32.6 | 22.3% |
Total | 125 | 156 | 198 | 201 | 17.2% |
Top Export Markets for Chili and Pepper from Turkey in 2022:
- Germany (31.4K tons)
- Romania (24.4K tons)
- Russia (18.6K tons)
- Bulgaria (13.7K tons)
- Ukraine (8.4K tons)
- Austria (6.1K tons)
- Netherlands (6.1K tons)
- United Kingdom (5.3K tons)
- Belarus (5.2K tons)
- Serbia (4.8K tons)
- Georgia (4.2K tons)
- Bosnia and Herzegovina (3.9K tons)
- Syrian Arab Republic (2.7K tons)
Chili and Pepper Imports in Turkey
After three years of growth, supplies from abroad of chilies and peppers (green) decreased by -11.8% to 827 tons in 2022. Overall, imports, however, recorded significant growth. The growth pace was the most rapid in 2021 when imports increased by 216%. As a result, imports reached the peak of 938 tons, and then fell in the following year.
In value terms, chili and pepper imports dropped to $1.2M in 2022. Over the period under review, imports, however, saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 256%. As a result, imports reached the peak of $1.2M, and then reduced in the following year.
Import of Chili and Pepper in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Romania | 49.6 | 230 | 226 | 373 | 95.9% |
Germany | N/A | 9.8 | N/A | 233 | 387.6% |
Russia | 47.1 | 16.1 | 751 | 205 | 63.3% |
Belarus | N/A | N/A | 10.5 | 94.1 | 796.2% |
Croatia | N/A | 21.2 | 32.7 | 65.6 | 75.9% |
Bulgaria | N/A | 3.4 | 82.2 | 65.3 | 338.2% |
Slovakia | N/A | N/A | N/A | 58.2 | 0% |
Netherlands | 207 | N/A | N/A | 22.8 | -52.1% |
Spain | 130 | 8.7 | N/A | N/A | -93.3% |
Hungary | N/A | N/A | 45.7 | N/A | 0% |
Israel | N/A | 40.7 | N/A | N/A | 0% |
Others | 53.4 | 18.4 | 93.2 | 58.2 | 2.9% |
Total | 487 | 349 | 1,242 | 1,176 | 34.2% |
Top Suppliers of Chili and Pepper to Turkey in 2022:
- Romania (230.6 tons)
- Russia (188.2 tons)
- Germany (114.7 tons)
- Bulgaria (108.6 tons)
- Belarus (72.8 tons)
- Croatia (30.0 tons)
- Slovakia (29.5 tons)
- Netherlands (10.2 tons)
This report provides an in-depth analysis of the chili and pepper 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 401 - Chillies and peppers (green)
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
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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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