What is the price of cocoa powder (solids) per kilogram/pound in Turkey today?
The retail price range for Turkey cocoa powder (solids) is between US$ 4.79 and US$ 19.18 per kilogram or between US$ 2.17 and US$ 8.70 per pound(lb). Click here to see today's exact prices of cocoa powder (solids) in Turkey
The retail price range in Turkish Lira for cocoa powder (solids) is between TRY 94.84 and TRY 379.92 per kilogram or between TRY 43.01 and TRY 172.30 per pound(lb) in Ankara and Istanbul.
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In 2024, the approximate wholesale price range for Turkey cocoa powder (solids) is between US$ 3.35 and US$ 13.42 per kilogram or between US$ 1.52 and US$ 6.09 per pound(lb).
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Turkey Cocoa Powder (solids) Export Prices - Historical, Trends and Prediction
The export price per kilogram of Cocoa Powder (Solids) from Turkey has seen a steady decline over the last five years. In 2012, the price was 4.82 US dollars per kg, but by 2021, it had dropped to 2.92 US dollars per kg. The lowest price was recorded in 2014, when it was 2.43 US dollars per kg. Prices have been relatively stable since then, with the exception of 2020, when it rose to 2.56 US dollars per kg. Based on the data, it is predicted that the export price per kilogram of Cocoa Powder (Solids) from Turkey will be 2.83 US dollars per kg in 2023 and 2.90 US dollars per kg in 2024.The Turkey cocoa powder (solids) exports are categorised as:
- Cocoa powder, not containing added sugar or other sweetening matter (HS code 180500)
- Cocoa powder, sweetened (HS code 180610)
Turkey Cocoa Powder (solids) Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cocoa Powder (Solids) into Turkey has seen a steady decline over the past five years. In 2012, the price was 4.82 US dollars per kg, but by 2016, it had dropped to 2.65 US dollars per kg. Since then, the price has continued to decrease, reaching 2.24 US dollars per kg in 2018. In 2020, the price saw a slight increase to 2.56 US dollars per kg, before rising again to 2.92 US dollars per kg in 2021. The most recent data shows that the import price per kilogram of Cocoa Powder (Solids) into Turkey is 2.99 US dollars per kg. Based on this trend, it is likely that the import price per kilogram of Cocoa Powder (Solids) into Turkey will continue to increase in the next two years, reaching approximately 3.10 US dollars per kg in 2023 and 3.20 US dollars per kg in 2024.Export values for Turkey cocoa powder (solids)
The total values in export for cocoa powder (solids) in Turkey were US$ 35,860, US$ 36,074, US$ 42,737 and US$ 49,624 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Turkey: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of cocoa powder (solids) in other countries across Middle East: Bahrain cocoa powder (solids), Cyprus cocoa powder (solids), Iraq cocoa powder (solids), Israel cocoa powder (solids), Jordan cocoa powder (solids), Kuwait cocoa powder (solids), Lebanon cocoa powder (solids), Palestine cocoa powder (solids), Oman cocoa powder (solids) & Qatar cocoa powder (solids).
Turkey cocoa powder (solids) - Production, Exports, Imports, Seasons and HS Codes
The amount of cocoa powder (solids) exported by Turkey in 2020 was 20,718 metric tons. In 2019 Turkey shipped 21,960 tonnes of cocoa powder (solids). For the year 2019 alone, the demand for Turkey cocoa powder (solids) (processed category) has improved, changing by 15.245 pc compared to the year 2018. Between 2017 and 2019, cocoa powder (solids)'s exports grew by 47.14% earning Turkey US$49.62m for the year 2019. Turkey's cocoa powder (solids) exports are classified as:
- Cocoa powder, not containing added sugar or other sweetening matter (HS code 180500)
- Cocoa powder, sweetened (HS code 180610)
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Turkey cocoa powder (solids) export values
In 2019, Turkey shipped cocoa powder (solids) valued at 49.62m USD, a growth of 16.11% from 2018's total cocoa powder (solids) export of 42.737m USD. The annual change in value of Turkey cocoa powder (solids) between 2017 to 2018 was 18.47 percent.
The yearly change in the amount of Turkey's cocoa powder (solids) exports between 2017 and 2019 was 47.14 pc compared to a variation of 15.245% in the period between 2018 and 2019.
Export markets for Turkey cocoa powder (solids) ( in '000$ )
Turkey's leading export markets for cocoa powder (solids) are Iran, Uzbekistan, Israel, Azerbaijan and Iraq.
Turkey procured 32,547 tonnes of cocoa powder (solids) in 2019.