Tridge summary
The Turkish Statistical Institute has reported a notable increase in the country's coffee exports and imports from 2016 to 2020. Exports saw a significant rise, reaching $65.1 million in five years, with the top buyers being Saudi Arabia, TRNC, Netherlands, USA, and Iraq, although this order shifted over the years. Russia emerged as a top buyer in 2020. On the other hand, imports increased by 44% to $891.3 million, with Brazil as the primary supplier. The period from January to October this year saw the USA, Belarus, Netherlands, Russia, and the TRNC as the leading countries for coffee export, while Brazil, the Netherlands, Italy, Colombia, and Germany were the main sources of imported coffee for Turkey.
In summary, Turkey has experienced a substantial growth in its coffee market involvement, with a notable rise in both exports and imports from 2016 to 2020, and continuing this trend into the early months of this year, showcasing a diverse global demand and supply network for coffee products.
In summary, Turkey has experienced a substantial growth in its coffee market involvement, with a notable rise in both exports and imports from 2016 to 2020, and continuing this trend into the early months of this year, showcasing a diverse global demand and supply network for coffee products.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
According to the information compiled from the data of the Turkish Statistical Institute, the country's exports and imports of "coffee, coffee husks and pods, products containing coffee in any proportion and used as a substitute for coffee" continued to increase. Turkey's coffee exports increased more than twice during the 2016-2020 period and reached 65 million 518 thousand dollars in 5 years. While coffee exports were at the level of 9.2 million dollars in 2016, it increased to 10.7 million dollars in 2017, 12.1 million dollars in 2018, 13.3 million dollars in 2019, and 20.2 million dollars in 2020. Coffee exports in the January-October period of this year amounted to 18.7 million dollars. Countries that show the highest demand for Turkey's coffee The countries with the highest demand for the coffee sold by Turkey have changed over the years. While Saudi Arabia, TRNC, Netherlands, USA and Iraq were the top 5 coffee exporting countries in the 2016-2019 period, Russia was among ...
Source: Haber7
Would you like more in-depth insights?
Gain access to detailed market analysis tailored to your business needs.
Related market data
What to read next
Read more relevant content
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.