What is the price of coffee extracts per kilogram/pound in Turkey today?
The retail price range for Turkey coffee extracts is between US$ 2.40 and US$ 8.15 per kilogram or between US$ 1.09 and US$ 3.70 per pound(lb). Click here to see today's exact prices of coffee extracts in Turkey
The retail price range in Turkish Lira for coffee extracts is between TRY 47.48 and TRY 161.45 per kilogram or between TRY 21.53 and TRY 73.22 per pound(lb) in Ankara and Istanbul.
Wholesale prices
In 2024, the approximate wholesale price range for Turkey coffee extracts is between US$ 1.68 and US$ 5.70 per kilogram or between US$ 0.76 and US$ 2.59 per pound(lb).
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Turkey Coffee Extracts Export Prices - Historical, Trends and Prediction
The export price per kilogram of Coffee Extracts from Turkey over the last five years has seen a steady decline. In 2012, the price was 4.05 US dollars per kg, and by 2016, it had dropped to 2.89 US dollars per kg. However, in the last four years, the price has been on the rise, with the latest figure being 4.17 US dollars per kg in 2022. Based on this trend, it is likely that the export price per kilogram of Coffee Extracts from Turkey will continue to increase in the next two years, with an estimated price of 4.30 US dollars per kg in 2023 and 4.45 US dollars per kg in 2024.The coffee extracts exports from Turkey are categorised as:
- Extracts, essences and concentrates, of coffee (HS code 210111)
- Preparations with a basis of extracts, essences or concentrates of coffee or with a basis of coffee (HS code 210112)
Turkey Coffee Extracts Import Prices - Historical, Trends and Prediction
The import price per kilogram of Coffee Extracts into Turkey over the last five years has seen a steady decline. In 2016, the price was 2.89 US dollars per kg, and in 2020, it had dropped to 3.74 US dollars per kg. This represents a decrease of 0.85 US dollars per kg over the five-year period. The price has been increasing since then, with the most recent price being 4.17 US dollars per kg in 2022. Based on this trend, it is likely that the import price per kilogram of Coffee Extracts into Turkey will continue to increase in the next two years, with an estimated price of 4.30 US dollars per kg in 2023 and 4.45 US dollars per kg in 2024.Export values for Turkey coffee extracts
The total values in export for coffee extracts in Turkey were US$ 18,334, US$ 22,214, US$ 23,183 and US$ 25,659 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 coffee extracts in other countries across Middle East: Bahrain coffee extracts, Cyprus coffee extracts, Iraq coffee extracts, Israel coffee extracts, Jordan coffee extracts, Kuwait coffee extracts, Lebanon coffee extracts, Palestine coffee extracts, Oman coffee extracts & Qatar coffee extracts.
Turkey coffee extracts - Production, Exports, Imports, Seasons and HS Codes
The amount of coffee extracts sold by Turkey in 2020 was 10,478 tons. In 2019 Turkey shipped 8,531 tonnes of coffee extracts. For 2019 alone, the market for Turkey coffee extracts (processed category) has surged, recording a change of 15.315 % compared to the year 2018. Between 2017 and 2019, coffee extracts' exports increased by 7.44% netting the country US$25.66m for the year 2019. Turkey's coffee extracts exports are categorised as:
- Extracts, essences and concentrates, of coffee (HS code 210111)
- Preparations with a basis of extracts, essences or concentrates of coffee or with a basis of coffee (HS code 210112)
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Turkey coffee extracts export values
In 2019, Turkey sold coffee extracts costing 25.66m USD, an increment of 10.68% from 2018's total coffee extracts export of 23.183m USD. The yearly increase in value of Turkey coffee extracts between 2017 to 2018 was 4.362 per cent.
The per year variation in the quantity of Turkey's coffee extracts exports between 2017 and 2019 was 7.44 pc in comparison to a variation of 15.315% in the period between 2018 and 2019.
Turkey's share of the world's total coffee extracts' exports in 2019 was less than 1%. The country holds position 31 in world exports of coffee extracts.
Export markets for Turkey coffee extracts ( in '000$ )
Turkey's top destinations for coffee extracts are Angola, Bulgaria, Palestine, Ukraine and Guyana.
Import/Export Trends
Turkey is a net exporter of coffee extracts. The annual growth of Turkey coffee extracts in value between 2015 to 2019 was 4%, per annum, while annual growth in quantity was 10%, per annum.
Turkey brought in 19,510 tonnes of coffee extracts in 2019.