Turkish olive oil exports to Gulf countries commonly use 5-liter, 9-liter, and 18-liter cans. The prices of olive oil sold in these cans vary depending on many factors. However, to explain pricing without using a standard table (a table that doesn't specify blends, additives, or quality), the following key factors are considered: 1. Olive Oil Quality: Extra Nesme olive oil is the highest quality and has natural, low acidity (<0.8%), and superior flavor and aroma. These types of oils are more expensive. Nesme olive oil, on the other hand, is slightly lower quality and more affordable. Due to the increasing luxury consumption in Gulf countries, Extra Nesme is preferred, which increases the price. 2. Packaging Type and Can Material: Olive oil is generally exported in metal (galvanized steel) or plastic (PET) cans. Metal cans are preferred for maintaining quality because they are more resistant to sunlight and heat. Therefore, it is a little more costly. 5 lt, 9 lt and 18 lt drums are generally used for wholesale (such as restaurants, hotels, food manufacturers). 3. Pricing (Estimated and General Level - With 2024-2025 Data) The prices below are estimated levels based on FOB (Turkish port) and vary according to the exchange rate, season, year of production, logistics costs and customs duties of the recipient country. 5 Liter Drum Price range: 28 - 38 USD / piece Because of its small volume, it is preferred for per person consumption. It is especially popular as gift packaging in the Gulf. 9 Liter Drum Price range: 48 - 62 USD / piece Ideal for families or small businesses. Economical size. 18 Liter Drum Price range: 85 - 110 USD / piece The most preferred size for commercial users (restaurants, canteens, food factories). Unit costs decrease with bulk purchases. 4. Other Factors Affecting the Price: Exchange Rate (USD/TRY): Turkish producers generally quote prices in dollars. Consumption Season: During periods such as Ramadan and Eid al-Adha, demand increases, and prices may rise slightly. Logistics and Customs: Sea shipments to the Gulf take 10-20 days. Freight, insurance, and taxes in the recipient country increase the final price. Brand and Certification: Olive oil with geographical indications (e.g., Ayvalık, Gönen) and organic certification are sold at a higher price. 5. Why Gulf Countries? A diverse consumer profile, a strong emphasis on healthy eating, trust in foreign and natural products, and an interest in Turkish flavors (Turkish cuisine is popular), make the Gulf countries (Saudi Arabia, UAE, Qatar, Kuwait) important markets for Turkish olive oil. Conclusion: Turkish olive oil is valued in the Gulf for both quality and branding. Exported in 5, 9, and 18-liter cans, prices vary depending on product quality, packaging, season, and the buyer's location. Generally, 5-liter is the most expensive unit price, while 18-liter is the most economical. However, all are in high demand because Turkish olive oil is perceived as a "premium" product in the region.
E5 Global Trade | Yazılar
Turkish olive oil canister exports in the Gulf: 5 lt, 9 lt, 18 lt prices
Küresel Haber Ajansı
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