Cocoa powder and cake market Turkey

Earlier Report Observations

The Turkish cocoa powder and cake market volume increased from 59 308 т in 2018 to 87 917 т in 2020. This expansion followed the 2018 introduction of the Turkish Food Codex for Cocoa and Chocolate Products, which set production and labeling standards. The COVID-19 pandemic in 2020 disrupted global cocoa supply chains, raising logistics costs and prompting domestic manufacturers to increase production to meet demand, further driving market growth.

Market volume then contracted to 64 595 т by 2022. This decline was influenced by updated food labeling regulations enacted in 2021, which mandated clearer 'reduced-fat' claims and vegetable oil disclosure, requiring industry adjustment. A recovery to 81 164 т occurred in 2023, supported by major chocolate producers like Ülker and Altınmarka publishing sustainability reports, which enhanced consumer trust and demand for cocoa products.

The market also saw the entry of sugar-free probiotic cocoa powder from India's Lil’Goodness in July 2022, targeting functional food trends. Looking ahead, new labeling rules in April 2024 and climate-related cocoa supply shortages from El Niño and African droughts are shaping cost structures and prompting exploration of local alternatives like TurCao.

Production cocoa powder and cake Turkey

In kind, 2017-2020, t

From 2017 to 2020, Turkey maintained the 10th position globally in terms of cocoa powder and cake production volume.

Top producers of cocoa powder and cake, 2017-2020

World map of production of cocoa powder and cake, 2017-2020

Turkey's cocoa powder and cake production volume increased for the second consecutive year. In 2020, production reached 68 177 tonnes, marking a 20.6% year-on-year rise. Over the 2017-2020 period, production grew by 31.2%, with a compound annual growth rate of 9.5%. The lowest production level was recorded in 2018 at 51 137 tonnes, which also saw the largest decline of 1.6%.

Annual dynamics of production Turkey in kind, 2017-2020, t

In value, 2017-2020, M $ US

Turkey's cocoa powder and cake production value increased for the second consecutive year. In 2020, output was valued at 172.5 million US dollars, reflecting a sharp 35.7% improvement compared to 2019. Between 2017 and 2020, production value rose by 39.9%, equating to an annualized rate of 11.9%. The minimum value was recorded in 2018 at 114.3 million US dollars, which also experienced the largest decline of 7.3%.

Annual dynamics of production Turkey in value, 2017-2020, M $ US

Exports cocoa powder and cake to Turkey

Exports in kind, t

After two years of growth, Turkey's cocoa powder and cake export volume declined. In 2020, exports totaled 20 837 tonnes, showing a moderate 6.9% year-on-year drop. Between 2017 and 2020, exports increased by 37.3%, with an annualized rate of 11.1%. The peak was reached in 2019 at 22 390 tonnes, while the largest increase occurred in 2018 at 26.5%.

Annual dynamics of product's exports to Turkey in kind, 2017-2020, t

From 2017 to 2020, Iran (43.7% of exports in kind), Israel (7.2%), and Uzbekistan (6.0%) led Turkey's export structure for cocoa powder and cake, together accounting for 56.9% of total flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports to Turkey in kind, 2017-2020

Exports in value, K $ US

Turkey's cocoa powder and cake export value increased for the third consecutive year. In 2020, exports amounted to 52 729 thousand US dollars, representing a 4.7% gain compared to the previous year. Over the 2017-2020 period, export value grew by 46.5%, with a compound annual growth rate of 13.6%.

Annual dynamics of product's exports to Turkey in value, 2017-2020, K $ US

Throughout 2017-2020, Iran (44.5% of exports in value terms), Israel (7.2%), and Uzbekistan (5.6%) formed the core group of markets for Turkey's cocoa powder and cake exports, together representing 57.4% of total flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports to Turkey in value, 2017-2020

Imports cocoa powder and cake in Turkey

Imports in kind, t

Turkey's cocoa powder and cake import volume increased for the third consecutive year. In 2020, imports totaled 40 577 tonnes, showing a 15.1% rise compared to 2019. Between 2017 and 2020, imports grew by 58.4%, equating to an annualized rate of 16.6%.

Annual dynamics of product's imports in Turkey in kind, 2017-2020, t

From 2017 to 2020, the Netherlands (33.6% of imports in kind), Indonesia (11.2%), and Germany (8.3%) were the main sources for Turkey's cocoa powder and cake imports, together accounting for 53.1% of total flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports in Turkey in kind, 2017-2020

Imports in value, K $ US

Turkey's cocoa powder and cake import value increased for the second consecutive year. In 2020, import volume amounted to 88 602 thousand US dollars, representing a sharp 26.6% increase from 2019. Between 2017 and 2020, import value rose by 48.9%, with an annualized rate of 14.2%. The minimum value was recorded in 2018 at 59 321 thousand US dollars, which also saw the largest decline of 0.3%.

Annual dynamics of product's imports in Turkey in value, 2017-2020, K $ US

From 2017 to 2020, the Netherlands (37.3% of imports in value terms), Indonesia (10.0%), and Germany (8.7%) formed the main group of destinations for Turkey's cocoa powder and cake imports, with a combined share of 56.0% of total flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports in Turkey in value, 2017-2020