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Turkey - Cereal Flours - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCereal Flour Price in Turkey - 2023
Contents:
- Cereal Flour Price in Turkey (FOB) - 2023
- Cereal Flour Price in Turkey (CIF) - 2023
- Cereal Flour Exports in Turkey
- Cereal Flour Imports in Turkey
Cereal Flour Price in Turkey (FOB) - 2023
The average cereal flour export price stood at $372 per ton in July 2023, shrinking by -2.9% against the previous month. Over the period under review, the export price recorded a noticeable slump. The most prominent rate of growth was recorded in November 2022 an increase of 2.2% month-to-month. Over the period under review, the average export prices hit record highs at $530 per ton in July 2022; however, from August 2022 to July 2023, the export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In July 2023, the countries with the highest prices were Iraq ($411 per ton) and Palestine ($379 per ton), while the average price for exports to Somalia ($312 per ton) and Syrian Arab Republic ($319 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Palestine (-1.9%), while the prices for the other major destinations experienced a decline.
Cereal Flour Price in Turkey (CIF) - 2023
In July 2023, the average cereal flour import price amounted to $391 per ton, surging by 3.4% against the previous month. In general, the import price, however, showed a noticeable setback. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 124% m-o-m. The import price peaked at $1,194 per ton in March 2023; however, from April 2023 to July 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was Bosnia and Herzegovina ($400 per ton), while the price for Russia totaled $355 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Yemen (0.0%), while the prices for the other major suppliers experienced a decline.
Cereal Flour Exports in Turkey
Cereal flour exports from Turkey shrank notably to 3.1M tons in 2022, with a decrease of -43.2% on the previous year. In general, exports recorded a slight descent. The most prominent rate of growth was recorded in 2021 when exports increased by 82%. As a result, the exports reached the peak of 5.5M tons, and then reduced notably in the following year.
In value terms, cereal flour exports plummeted to $1.5B in 2022. Overall, exports, however, showed prominent growth. The most prominent rate of growth was recorded in 2021 when exports increased by 111%. As a result, the exports attained the peak of $2B, and then shrank dramatically in the following year.
Export of Cereal Flour in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Iraq | 507 | 474 | 960 | 691 | 10.9% |
Yemen | 156 | 90.9 | 213 | 158 | 0.4% |
Djibouti | 11.6 | 15.0 | 129 | 93.1 | 100.2% |
Angola | 67.7 | 58.5 | 116 | 82.3 | 6.7% |
Venezuela | 35.1 | 59.9 | 93.9 | 67.6 | 24.4% |
Benin | 32.3 | 39.5 | 62.8 | 46.2 | 12.7% |
Somalia | 30.5 | 33.0 | 55.3 | 40.8 | 10.2% |
Ghana | 16.6 | 19.8 | 46.7 | 33.6 | 26.5% |
Sierra Leone | 7.6 | 7.5 | 39.0 | 28.1 | 54.6% |
Palestine | 0.3 | 14.7 | 37.2 | 26.8 | 347.0% |
Israel | 25.0 | 12.1 | 13.3 | 19.2 | -8.4% |
Madagascar | 23.9 | 15.6 | 7.1 | 18.8 | -7.7% |
Others | 142 | 117 | 247 | 202 | 12.5% |
Total | 1,056 | 957 | 2,021 | 1,507 | 12.6% |
Top Export Markets for Cereal Flour from Turkey in 2022:
- Iraq (1375.5K tons)
- Yemen (369.4K tons)
- Djibouti (185.3K tons)
- Angola (169.4K tons)
- Venezuela (123.4K tons)
- Somalia (99.9K tons)
- Benin (99.8K tons)
- Ghana (72.8K tons)
- Palestine (57.0K tons)
- Sierra Leone (54.9K tons)
- Madagascar (47.0K tons)
- Israel (46.7K tons)
Cereal Flour Imports in Turkey
In 2022, approx. 62K tons of cereal flours were imported into Turkey; with an increase of 124% on the previous year. Over the period under review, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, cereal flour imports soared to $29M in 2022. Overall, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Cereal Flour in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bosnia and Herzegovina | 2.5 | 3.6 | 0.7 | 22.0 | 106.5% |
Russia | 0.3 | N/A | 0.1 | 1.1 | 54.2% |
Iraq | N/A | 0.1 | 0.1 | 0.7 | 164.6% |
Bulgaria | N/A | N/A | 0.1 | 0.7 | 600.0% |
Yemen | 1.4 | N/A | 7.8 | N/A | 136.0% |
Others | 0.6 | 0.4 | 0.9 | 4.5 | 95.7% |
Total | 4.8 | 4.2 | 9.7 | 29.0 | 82.1% |
Top Suppliers of Cereal Flour to Turkey in 2022:
- Bosnia and Herzegovina (54.3K tons)
- Russia (2.6K tons)
- Iraq (1.1K tons)
- Bulgaria (1.1K tons)
This report provides an in-depth analysis of the cereal flour 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 10612100 - Wheat or meslin flour
- Prodcom 10612200 - Cereal flours (excluding wheat or meslin)
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
This report provides an in-depth analysis of the cereal flour market in Turkey.
This report provides an in-depth analysis of the non-wheat flour market in Turkey.
This report provides an in-depth analysis of the global cereal flour market.
This report provides an in-depth analysis of the global non-wheat flour market.
This report provides an in-depth analysis of the cereal flour market in Turkey.
This report provides an in-depth analysis of the non-wheat flour market in Turkey.
This report provides an in-depth analysis of the global cereal flour market.
This report provides an in-depth analysis of the global non-wheat flour market.
During the period analyzed, Cereal Flour exports peaked in 2023 and are expected to continue growing steadily in the near future. In terms of value, Cereal Flour exports saw a slight decrease to $1.5B in 2023.
In 2023, Cereal Flour exports reached record highs and are projected to continue growing in the future. However, the value of cereal flour exports decreased to $1.5B in 2023.
Explore the top import markets for cereal flour in 2023, including key statistics and market insights. Learn about the leading countries driving demand for cereal flour products.
During the period analyzed, Cereal Flour exports peaked in 2023 and are expected to continue growing steadily in the near future. In terms of value, Cereal Flour exports saw a slight decrease to $1.5B in 2023.
In 2023, Cereal Flour exports reached record highs and are projected to continue growing in the future. However, the value of cereal flour exports decreased to $1.5B in 2023.
Explore the top import markets for cereal flour in 2023, including key statistics and market insights. Learn about the leading countries driving demand for cereal flour products.