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Turkey - Broken Rice - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBroken Rice Price in Turkey - 2023
Contents:
- Broken Rice Price in Turkey (FOB) - 2023
- Broken Rice Price in Turkey (CIF) - 2022
- Broken Rice Exports in Turkey
- Broken Rice Imports in Turkey
Broken Rice Price in Turkey (FOB) - 2023
The average broken rice export price stood at $501 per ton in July 2023, approximately reflecting the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in August 2022 when the average export price increased by 49% m-o-m. Over the period under review, the average export prices hit record highs at $779 per ton in November 2022; however, from December 2022 to July 2023, the export prices remained at a lower figure.
Average prices varied somewhat for the major overseas markets. In July 2023, the country with the highest price was the UK ($647 per ton), while the average price for exports to Belgium stood at $480 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+0.7%).
Broken Rice Price in Turkey (CIF) - 2022
The average broken rice import price stood at $238 per ton in 2022, declining by -82.4% against the previous year. Overall, the import price showed a slight reduction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 238% against the previous year. The import price peaked at $1,476 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($2,659 per ton), while the price for Iran ($222 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+39.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Broken Rice Exports in Turkey
In 2022, the amount of broken rice exported from Turkey dropped notably to 16K tons, waning by -24.5% compared with 2021. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +8.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +35.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 79% against the previous year. As a result, the exports attained the peak of 21K tons, and then declined significantly in the following year.
In value terms, broken rice exports shrank sharply to $7.3M in 2022. Overall, exports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 99%. As a result, the exports reached the peak of $9M, and then declined rapidly in the following year.
Export of Broken Rice in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 1.4 | 1.4 | 4.0 | 4.3 | 45.4% |
United Kingdom | 2.2 | 2.0 | 2.8 | 2.4 | 2.9% |
Italy | 1.2 | 0.4 | 0.4 | 0.2 | -45.0% |
Others | 0.4 | 0.7 | 1.9 | 0.4 | 0.0% |
Total | 5.2 | 4.5 | 9.0 | 7.3 | 12.0% |
Top Export Markets for Broken Rice from Turkey in 2022:
- Belgium (10.1K tons)
- United Kingdom (4.8K tons)
- Italy (0.4K tons)
Broken Rice Imports in Turkey
In 2022, supplies from abroad of broken rice was finally on the rise to reach 361 tons after two years of decline. Over the period under review, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, broken rice imports soared to $86K in 2022. Overall, imports, however, recorded a sharp curtailment.
Import of Broken Rice in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Iran | N/A | N/A | N/A | 79.3 | 0% |
South Korea | 73.6 | N/A | N/A | 3.3 | -64.5% |
Suriname | 9.6 | N/A | N/A | N/A | 0% |
Vietnam | 13.1 | 6.2 | 5.3 | N/A | -36.4% |
Netherlands | 97.8 | N/A | N/A | N/A | 0% |
Others | 1.8 | 3.9 | 5.8 | 3.4 | 23.6% |
Total | 196 | 10.1 | 11.1 | 86.0 | -24.0% |
Top Suppliers of Broken Rice to Turkey in 2022:
- Netherlands (undefined tons)
- Vietnam (undefined tons)
- Iran (358.1 tons)
- South Korea (1.2 tons)
This report provides an in-depth analysis of the broken rice market in Turkey. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10611250 - Broken rice (including enriched rice, parboiled rice)
Country coverage:
- Turkey
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Turkey
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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