Buy all kinds of Turkish red tomato paste at the best price
Turkey can be one of the best locations for tomato paste if you want to start your production line
This article will give you some information about Turkey’s tomato paste market, which can help you choose your business strategies better
Tomato Pastes and Purees (Sauces, Dressings, and Sauces) Market in Turkey – Outlook to 2021: Market Size Analysis, Growth and Forecasts is a comprehensive market overview of the tomato paste and purees market in Turkey
Tomato paste and puree also include concentrated tomato paste/purée and puree
Tomato paste is made by boiling tomatoes for several hours, which are then reduced to a thick, rich paste
On the other hand, tomato puree consists of tomatoes that have been briefly cooked and pureed, resulting in a viscous liquid
Turkey’s tomato paste and puree market registered a positive compound annual growth rate (CAGR) of 3
57% from 2011 to 2016, with a sales value of 445
89 million TL in 2016, an increase from 3
63% on 2015
The research manual provides up-to-date market size data for 2011-2016 and an illustrative forecast to 2021, covering key market features such as the value and sales volume of Tomato Pastes and Purées and their variants, tomato paste, and purées
In addition, the research guide details the sales value of leading brands for 2013 to 2016, total market sales by distribution channel (Hypermarkets & Supermarkets, Convenience Stores, Department Stores, Dollar Stores, Variety Stores, Cash & Carry Clubs and stores, e
-retailers, food and beverage specialists, drug stores and pharmacies, health and beauty stores, other retailers, and others) where applicable
The research manual is an essential tool for companies active or planning to enter Turkey’s market of tomato pastes and purtriesrises, dres, sings, and sauces)
The comprehensive statistics in the research manual provide an insight into the working environment of the market and also ensure that the right business decisions are made based on historical trends and forecasts based on industry patterns
Although the production of tomato paste in Turkey was focused on exports until recent years, the importance of domestic markets has increased with the competitive conditions of the world market and growing domestic consumption
This study examined the tomato paste industry in terms of its basic material-to-export structure in production, export, and domestic prices from 1994-2009
It has been observed that the costs of tomato paste have been implemented
They have been trending down since 2003
according to a long-term average, when tomato prices are compared to tomato paste as a tomato equivalent, tomato paste prices are lower by about 45%
Exports of tomato paste (HS codes 200290) from Turkey have varied dramatically in recent years, mainly due to the irregularity of annual processing results affected by climate problems, but also due to the purchasing dynamics of the two central regions customers of the Turkish industry, which are the Middle East and West EU
There was a decrease from more than 180,000 mT of finished products in 2013/2014 to less than 130,000 mT in 2018/2019
Boosted by the effects of the covid pandemic on global demand, in the last two years, Turkey’s foreign activity has increased sharply to levels higher than those of the previous five or six years
In the 2019/2020 marketing year, almost 176,000 mT of finished products left Turkish factories for foreign destinations, a trend confirmed in the last marketing year, despite a slight slowdown also seen in the results of other major exporting countries, with absorbed quantities
Of almost 162,000 mT
In the Middle East, significant irregularities in pasta purchases from Iraq and sharp reductions in imports from Syria, Saudi Arabia, and Oman have strongly impacted Turkey’s foreign trade in recent years
At the end of a series of significant consecutive annual variations (+11%, -14%, +33%, and -24%), Turkey exported 2020/2021 just over 109,000 mT of tomato paste (about 35,000 mT less than in 2019 /2020) in this region, which represents 77% of Turkish outlets in the last five years
Purchases of Turkish pasta from the Western EU have been moving in recent years, mainly from Germany and to a lesser extent from the Netherlands, France, and Sweden
In the 2020/2021 marketing year, Italy had a significant and almost entirely new trade flow (around 7,500 mT)
The foreign sales of Turkish pasta are mainly based on two product categories (codes 200290390000 and 200290310000), whose changes in destinations directly impact the results of 2020/2021: for example, the flow of trade to Italy emerged
Almost the same increase in exports in the category of pasta 12-30 Brix in packages of more than 1 kg (codes 200290310000), although a sharp decrease in purchases from Iraq directly affected the category of pasta 12-30 Brix in packages less than 1 kg (codes 200290310000)
(See additional information at the end of the article
) Turkish pasta exports follow dynamic patterns during the first three months of the new market year (2021/2022)
With more than 70,000 mT exported from 1 July to 30 September, the first quarter output was 66% higher than the average for the same periods of the previous three years (42,500 mT) and 114% higher than that of 2020/2021 (33,000 mT)
)
In total, Turkish pasta export earnings for the last marketing year were about US$164 million, much less than the previous year (US$206 million) but slightly higher than the average of the three marketing years (2016- 2019) which preceded it
“the year of the covid
” In addition to these results, additional income was generated from the sales of canned tomatoes (HS codes 20021) and sauces (210320), two categories in which Turkish operations
However, secondary to those of the largest countries in the world, they still represent 21-22% off—the country’s total export value of tomato products
The cumulative value of overseas sales of both categories has been US$50 million per year for the past three years
The export value of canned tomatoes in 2020/2021 was US$34 million, a 17% increase from the previous three-year average
This follows an acceleration of a dynamic pattern of significant progress in Turkey’s export operations unrelated to the pandemic, especially in the UK, Italy, France, and recently Portugal, which increased intake from 15,000 mT of finished products in 2019/2020 to almost 20
800 mT in 2020/2021 (see additional information at the end of the article)
Similar figures were recorded for the sauces category, as volumes exported from Turkey last year were close to 20,500 mT
However, in contrast to the type of canned tomatoes, the increase in trade seen in 2020/2021, based on a moderate rise in sales in the Middle East (Iraq, Syria, and the Emirates), temporarily interrupted the dynamic that seems to be dying out
Sauce exports in the last few years, driven by the significant reductions recorded for most of the destination countries in the Western EU (see more information at the end of the article)
