Preserved Peas Market Overview in Turkey
In value terms, preserved peas production fell to $ in estimated in export prices. Over the period under review, production saw a abrupt decline. The pace of growth was the most pronounced in 2019 when the production volume increased by % against the previous year. Over the period under review, production hit record highs at $ in 2008; however, from 2009 to , production stood at a somewhat lower figure.
The value of the preserved peas market in Turkey contracted sharply to $ in , dropping by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2019 when the market value increased by % y-o-y. Preserved peas consumption peaked at $ in 2008; however, from 2009 to , consumption failed to regain the momentum.