Price for Cereal Grains; Rolled or Flaked, of Oats in Turkey - 2024
Contents:
- Price for Cereal Grains; Rolled or Flaked, of Oats in Turkey (CIF) - 2022
- Price for Cereal Grains; Rolled or Flaked, of Oats in Turkey (FOB) - 2022
- Imports of Cereal Grains; Rolled or Flaked, of Oats in Turkey
- Exports of Cereal Grains; Rolled or Flaked, of Oats in Turkey
Price for Cereal Grains; Rolled or Flaked, of Oats in Turkey (CIF) - 2022
The average import price for cereal grains; rolled or flaked, of oatses stood at $711 per ton in 2022, picking up by 3.7% against the previous year. In general, the import price, however, recorded a mild contraction. The growth pace was the most rapid in 2020 when the average import price increased by 10%. Over the period under review, average import prices reached the maximum at $856 per ton in 2012; however, from 2013 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 Denmark ($1,749 per ton), while the price for Russia ($533 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereal Grains; Rolled or Flaked, of Oats in Turkey (FOB) - 2022
The average export price for cereal grains; rolled or flaked, of oatses stood at $1,333 per ton in 2022, rising by 14% against the previous year. Overall, the export price recorded a pronounced increase. The pace of growth was the most pronounced in 2013 an increase of 140% against the previous year. As a result, the export price reached the peak level of $2,404 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iraq ($2,085 per ton), while the average price for exports to Egypt ($666 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 Tunisia (+71.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereal Grains; Rolled or Flaked, of Oats in Turkey
In 2022, after three years of growth, there was significant decline in supplies from abroad of cereal grains; rolled or flaked, of oatses, when their volume decreased by -50.6% to 2.1K tons. Over the period under review, imports, however, saw strong growth. The pace of growth was the most pronounced in 2020 when imports increased by 127% against the previous year.
In value terms, imports of cereal grains; rolled or flaked, of oatses dropped significantly to $1.5M in 2022. In general, imports, however, saw a prominent increase. The pace of growth appeared the most rapid in 2020 with an increase of 151%.
Import of Cereal Grains; Rolled or Flaked, of Oats in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ukraine | 159 | 239 | 590 | 613 | 56.8% |
Germany | 302 | 1,149 | 657 | 399 | 9.7% |
Finland | N/A | 70.2 | 172 | 127 | 34.5% |
Belgium | N/A | 891 | 997 | 125 | -62.5% |
Russia | 55.2 | N/A | 52.1 | 97.5 | 20.9% |
Denmark | 26.9 | 45.3 | 65.5 | 63.0 | 32.8% |
Lithuania | 16.3 | 55.9 | 42.7 | 44.5 | 39.8% |
United Kingdom | 469 | 207 | 297 | 42.4 | -55.1% |
Others | 52.9 | 57.9 | 77.0 | 0.5 | -78.9% |
Total | 1,081 | 2,715 | 2,951 | 1,512 | 11.8% |
Top Suppliers of Cereal Grains; Rolled or Flaked, of Oats to Turkey in 2022:
- Ukraine (1024.8 tons)
- Germany (556.6 tons)
- Russia (182.8 tons)
- Belgium (156.2 tons)
- Finland (90.8 tons)
- Lithuania (53.0 tons)
- Denmark (36.0 tons)
- United Kingdom (26.0 tons)
Exports of Cereal Grains; Rolled or Flaked, of Oats in Turkey
In 2022, overseas shipments of cereal grains; rolled or flaked, of oatses decreased by -16.8% to 559 tons for the first time since 2018, thus ending a three-year rising trend. Overall, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +16.3% 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 +57.1% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 38%. As a result, the exports reached the peak of 672 tons, and then reduced remarkably in the following year.
In value terms, exports of cereal grains; rolled or flaked, of oatses dropped to $745K in 2022. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 48% against the previous year. As a result, the exports attained the peak of $785K, and then reduced in the following year.
Export of Cereal Grains; Rolled or Flaked, of Oats in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Cyprus | 88.0 | 157 | 224 | 284 | 47.8% |
Azerbaijan | N/A | 14.1 | 41.6 | 65.5 | 115.5% |
Egypt | 4.4 | 3.5 | 10.1 | 60.6 | 139.7% |
Iraq | N/A | N/A | 58.6 | 55.7 | -4.9% |
Kenya | N/A | 59.5 | 75.2 | 48.6 | -9.6% |
Libya | 4.7 | 6.0 | 5.1 | 48.3 | 117.4% |
Syrian Arab Republic | 46.4 | 57.0 | 102 | 42.1 | -3.2% |
Lebanon | N/A | 7.8 | 20.2 | 29.3 | 93.8% |
Yemen | 187 | 138 | 106 | N/A | -24.7% |
Tunisia | N/A | N/A | 31.5 | N/A | 0% |
Oman | 18.8 | 4.6 | 53.7 | N/A | 69.0% |
Others | 27.3 | 82.3 | 57.0 | 110 | 59.1% |
Total | 376 | 530 | 785 | 745 | 25.6% |
Top Export Markets for Cereal Grains; Rolled or Flaked, of Oats from Turkey in 2022:
- Cyprus (165.7 tons)
- Egypt (91.0 tons)
- Kenya (48.0 tons)
- Syrian Arab Republic (47.2 tons)
- Azerbaijan (44.3 tons)
- Libya (36.4 tons)
- Lebanon (35.3 tons)
- Iraq (26.7 tons)
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From 2007 to 2016, the global cereal grains market showed an upward trend, expanding by X%, to X tons in 2016. According to IndexBox estimates, over the last nine years the cereal grain market grew with a CAGR of +X%. Maize accounted for the h
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