Turkish Dried Fruit - Brief Market Update/shipping report Jan 2022
Turkish crop registration in December 2021 saw 204,000 tons. This is a 19% decrease from last years figure of 252,000 tons. This much lower volume has resulted in many growers increasing their prices. This in turn with the Turkish Lira volatility has led to a strong hesitation to buy in the past months. We are now beginning to see demand increase as the market begins to settle, and Turkish Lira regains stability.
The top 5 importing countries for January 2022 are as follows:
- United Kingdom – 28,000 tons
- Germany – 15,600 tons
- Italy – 12,900 tons
- Netherlands – 10,800 tons
- France – 6,800 tons
The UK saw a 9% decrease in imports for Turkish vine fruits in comparison to this time last year. This goes to show the hesitation to buy in recent months due to price increases and volatility.