What is the price of fructose per kilogram/pound in Turkey today?
The retail price range for Turkey fructose is between US$ 0.88 and US$ 2.20 per kilogram or between US$ 0.40 and US$ 1.00 per pound(lb). Click here to see today's exact prices of fructose in Turkey
The retail price range in Turkish Lira for fructose is between TRY 17.43 and TRY 43.58 per kilogram or between TRY 7.91 and TRY 19.77 per pound(lb) in Ankara and Istanbul.
Wholesale prices
In 2024, the approximate wholesale price range for Turkey fructose is between US$ 0.62 and US$ 1.54 per kilogram or between US$ 0.28 and US$ 0.70 per pound(lb).
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Turkey Fructose Export Prices - Historical, Trends and Prediction
The export price per kilogram of Fructose from Turkey has seen a steady decline over the last five years. In 2012, the price was 1.04 US dollars per kg, while in 2016 it had dropped to 0.7 US dollars per kg. In 2017, the price rose slightly to 0.71 US dollars per kg, before dropping again to 0.66 US dollars per kg in 2018 and 0.6 US dollars per kg in 2019. The price has continued to decrease, reaching 0.55 US dollars per kg in 2020 and 0.47 US dollars per kg in 2021. The most recent data point shows a slight increase to 0.65 US dollars per kg in 2022. Based on this trend, it is likely that the export price per kilogram of Fructose from Turkey will continue to decrease in the next two years, with a predicted price of 0.60 US dollars per kg in 2023 and 0.55 US dollars per kg in 2024.The fructose exports from Turkey are categorised as:
- Chemically pure fructose in solid form (HS code 170250)
- Fructose in solid form and fructose syrup, not containing added flavouring or colouring matter and containing in the dry state > 50% by weight of fructose (excluding chemically pure fructose and invert sugar) (HS code 170260)
Turkey Fructose Import Prices - Historical, Trends and Prediction
The import price per kilogram of Fructose into Turkey over the last five years has seen a steady decline. In 2012, the price was $1.04, and this decreased to $1.13 in 2013. In 2014, the price dropped to $0.85, and then to $0.71 in 2015. The price remained at $0.70 in 2016, before increasing slightly to $0.71 in 2017. In 2018, the price dropped to $0.66, and then to $0.60 in 2019. The most recent year, 2020, saw the price drop to $0.55. This year, 2021, the price has decreased further to $0.47. Looking ahead, it is predicted that the price of Fructose will increase to $0.65 in 2022, and then to $0.68 in 2023. In 2024, the price is expected to remain at $0.68.Export values for Turkey fructose
The total values in export for fructose in Turkey were US$ 54,509, US$ 67,921, US$ 67,336 and US$ 65,730 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 fructose in other countries across Middle East: Bahrain fructose, Cyprus fructose, Iraq fructose, Israel fructose, Jordan fructose, Kuwait fructose, Lebanon fructose, Palestine fructose, Oman fructose & Qatar fructose.
Turkey fructose - Production, Exports, Imports, Seasons and HS Codes
The volume of fructose shipped by Turkey in 2020 was 140,969 tonnes. In 2019 Turkey sold 111,331 tonnes of fructose. For the year 2019 alone, the market for Turkey fructose (processed category) has improved, changing by 8.849 % compared to the year 2018. Between 2017 and 2019, fructose's exports went up by 15.66 pc bringing the exporter US$65.73m for the year 2019. Turkey's fructose exports are categorised as:
- Fructose in solid form and fructose syrup, not containing added flavouring or colouring matter and containing in the dry state > 50% by weight of fructose (excluding chemically pure fructose and invert sugar) (HS code 170260)
- Chemically pure fructose in solid form (HS code 170250)
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Turkey fructose export values
In 2019, Turkey exported fructose valued at 65.73m USD, a reduction of -2.39% from 2018's total fructose export of 67.336m USD. The yearly reduction in value of Turkey fructose between 2017 to 2018 was -0.86129474%.
The yearly variation in the quantity of Turkey's fructose exports between 2017 and 2019 was 15.66% in comparison to a variation of 8.849% in the period between 2018 and 2019.
Turkey's stake of the world's total fructose's exports in 2019 was less than 1%. Turkey is ranked position 29 in world exports of fructose.
Export markets for Turkey fructose ( in '000$ )
Turkey's leading destinations for fructose are Ghana, Cameroon, United Arab Emirates (UAE), Tanzania and Nigeria.
Import/Export Trends
Turkey is a net exporter of fructose. The annual growth of Turkey fructose in value between 2015 to 2019 was 5%, per year, while annual growth in quantity was 8%, per annum.
Turkey bought 1,482 tonnes of fructose in 2019.