Cereals; Barley, Seed Price in Turkey - 2023
Contents:
- Cereals; Barley, Seed Price in Turkey (FOB) - 2022
- Cereals; Barley, Seed Price in Turkey (CIF) - 2022
- Cereals; Barley, Seed Exports in Turkey
- Cereals; Barley, Seed Imports in Turkey
Cereals; Barley, Seed Price in Turkey (FOB) - 2022
In 2022, the average cereals; barley, seed export price amounted to $598 per ton, rising by 25% against the previous year. In general, the export price continues to indicate a modest expansion. The most prominent rate of growth was recorded in 2019 an increase of 78% against the previous year. Over the period under review, the average export prices hit record highs at $619 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Azerbaijan ($700 per ton), while the average price for exports to Cyprus ($365 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+73.9%), while the prices for the other major destinations experienced mixed trend patterns.
Cereals; Barley, Seed Price in Turkey (CIF) - 2022
The average cereals; barley, seed import price stood at $1,109 per ton in 2022, surging by 12% against the previous year. In general, the import price, however, recorded a mild descent. The most prominent rate of growth was recorded in 2019 when the average import price increased by 26% against the previous year. Over the period under review, average import prices reached the maximum at $1,522 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($1,207 per ton), while the price for Bulgaria ($690 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Serbia (+10.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Cereals; Barley, Seed Exports in Turkey
In 2022, the amount of cereals; barley, seeds exported from Turkey contracted markedly to 609 tons, falling by -57% compared with 2021. In general, exports saw a sharp slump. The most prominent rate of growth was recorded in 2021 with an increase of 38% against the previous year.
In value terms, cereals; barley, seed exports shrank dramatically to $364K in 2022. Over the period under review, exports saw a dramatic contraction. The pace of growth was the most pronounced in 2021 with an increase of 93%.
| Export of Cereals; Barley, Seed in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Azerbaijan | 51.3 | 198 | 433 | 288 | 77.7% |
| Georgia | 22.7 | 31.6 | 58.6 | 39.0 | 19.8% |
| Cyprus | 24.1 | 43.6 | 47.9 | 37.5 | 15.9% |
| Iraq | 821 | N/A | 0.7 | N/A | -97.1% |
| Syrian Arab Republic | N/A | 76.5 | 120 | N/A | 56.9% |
| Others | 0.2 | 1.5 | 17.2 | N/A | 827.4% |
| Total | 919 | 351 | 678 | 364 | -26.6% |
Top Export Markets for Cereals; Barley, Seed from Turkey in 2022:
- Azerbaijan (411.4 tons)
- Cyprus (102.7 tons)
- Georgia (95.4 tons)
Cereals; Barley, Seed Imports in Turkey
In 2022, after three years of growth, there was significant decline in purchases abroad of cereals; barley, seeds, when their volume decreased by -84.4% to 54 tons. Over the period under review, imports faced a sharp downturn. The growth pace was the most rapid in 2020 when imports increased by 91% against the previous year.
In value terms, cereals; barley, seed imports shrank sharply to $60K in 2022. Overall, imports showed a dramatic setback. The most prominent rate of growth was recorded in 2020 when imports increased by 79%.
| Import of Cereals; Barley, Seed in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 108 | 225 | 244 | 42.2 | -26.9% |
| Croatia | 14.0 | 2.3 | 33.4 | 5.8 | -25.5% |
| Austria | 24.1 | 28.8 | 21.4 | 4.5 | -42.8% |
| Italy | 20.5 | 25.1 | 22.9 | 4.1 | -41.5% |
| Serbia | 9.6 | 10.9 | 12.2 | 2.1 | -39.7% |
| Bulgaria | 0.6 | 21.1 | 4.9 | 1.6 | 38.7% |
| Others | 0.3 | 3.6 | 7.9 | N/A | 413.2% |
| Total | 177 | 317 | 347 | 60.4 | -30.1% |
Top Suppliers of Cereals; Barley, Seed to Turkey in 2022:
- France (36.5 tons)
- Croatia (5.9 tons)
- Austria (4.3 tons)
- Italy (3.4 tons)
- Bulgaria (2.4 tons)
- Serbia (2.0 tons)
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