Turkey - Vinegar - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTurkish Vinegar Market - Asian Countries Constitutes the Main Export Destinations
IndexBox has just published a new report "Turkey: Vinegar - Market Report. Analysis And Forecast To 2025". Here is a summary of the report's key findings.
Turkish Vinegar Consumption Increased over the Past Two Years
In 2016, Turkish vinegar market stood at X million liters. There was a noticeable drop in the level of consumption over the 2009-2012 period, which was followed by recovery over the next four years. In value terms, the market stood at X million USD (IndexBox estimates).
Turkey's Vinegar Consumption Is Set to Reach X Million Liters by 2025
Growth in Turkey's vinegar consumption is expected to reach +X% per year in the medium term. An increase in consumption of processed food, as well as an increase in food consumption as a whole due to population growth, rising incomes, and urbanization will be the leading factors contributing to the growth of Turkey's vinegar market.
After Attaining Pre-crisis Figures, Vinegar Production Increased by X% in 2016
Turkey is one of the key global producers of vinegar (it is among the top X countries in terms of global output). Approximately X% of domestic consumption is met through domestic output.
The production of vinegar in Turkey reached X million liters in 2016, which was X% more than the year before. After a period of decline seen from 2009-2011, production volume demonstrated positive dynamics, allowing Turkey to reach pre-crisis volume in 2014. In value terms, it dropped to X million USD, which was X% below the previous year's value. This decline, however, was due to the weakening of the national currency against the U.S. dollar. The volume of production, expressed in national currency, on the contrary, grew steadily, amounting to an estimated X million Turkish Liras in 2016.
Asian Countries Constituted the Main Destinations for Vinegar Exports
Turkey exported X million liters of vinegar in 2016, which accounted for X% of the country's total vinegar output. From 2007 to 2016, Turkey's vinegar exports showed a steady increase.
In 2016, Iraq (X%), Saudi Arabia (X%), Germany (X), the U.S. (X%), Azerbaijan (X%), Georgia (X%), and Malaysia (X%) were the main destinations for Turkey's vinegar exports. The shares exported to Iraq and Georgia (+X percentage points each) increased, while the shares sent to Germany (-X percentage points) and Saudi Arabia (-X percentage points) illustrated negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
Italy Emerged as a Key Supplier of Vinegar
Foreign supplies of vinegar to Turkey were insignificant in volume and strongly fluctuated during the analyzed period. The volume of Turkey's vinegar imports totaled X million liters in 2016.
Italy (X%, based on liters), the UK (X%), and China (X%) were the main suppliers of vinegar to Turkey, with a X share of total imports in 2016.
The UK strengthened its position in Turkey's import structure by +X percentage points from 2007 to 2016, while Italy saw its share reduced by -X percentage points.
Do you want to know more about the vinegar market in Turkey? Get the latest trends and insight from our report. It includes a wide range of statistics on
- vinegar market share
- vinegar prices
- vinegar production
- vinegar industry
- vinegar sales
- vinegar imports
- vinegar exports
- vinegar market forecast
- vinegar price forecast
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This report provides an in-depth analysis of the vinegar 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:
- Prodcom 10841130 - Vinegar and substitutes for vinegar made from wine
- Prodcom 10841190 - Vinegar and substitutes for vinegar (excluding made from wine)
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
- 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 VOLUME AND VALUE
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
- 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
- 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
