Price for Cereals; Grain Sorghum, Other than Seed in Turkey - 2024
Contents:
- Price for Cereals; Grain Sorghum, Other than Seed in Turkey (FOB) - 2024
- Price for Cereals; Grain Sorghum, Other than Seed in Turkey (CIF) - 2022
- Exports of Cereals; Grain Sorghum, Other than Seed in Turkey
- Imports of Cereals; Grain Sorghum, Other than Seed in Turkey
Price for Cereals; Grain Sorghum, Other than Seed in Turkey (FOB) - 2024
In July 2023, the average export price for cereals; grain sorghum, other than seeds amounted to $214 per ton, with a decrease of -11.4% against the previous month. Over the period under review, the export price saw a abrupt slump. The growth pace was the most rapid in June 2023 when the average export price increased by 15% month-to-month. Over the period under review, the average export prices hit record highs at $299 per ton in April 2023; however, from May 2023 to July 2023, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Iraq.
From March 2023 to July 2023, the rate of growth in terms of prices for Iraq amounted to -7.2% per month.
Price for Cereals; Grain Sorghum, Other than Seed in Turkey (CIF) - 2022
The average import price for cereals; grain sorghum, other than seeds stood at $273 per ton in 2022, rising by 80% against the previous year. Overall, the import price, however, showed a mild curtailment. The import price peaked at $317 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Sudan ($339 per ton), while the price for Iran ($173 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+143.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cereals; Grain Sorghum, Other than Seed in Turkey
In 2022, approx. 16K tons of cereals; grain sorghum, other than seeds were exported from Turkey; picking up by 97,510% compared with 2021. Over the period under review, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of cereals; grain sorghum, other than seeds skyrocketed to $4.7M in 2022. In general, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cereals; Grain Sorghum, Other than Seed in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iraq | 14.7 | 0.1 | 0.9 | 4,565 | 577.2% |
| Libya | N/A | N/A | N/A | 65.1 | 0% |
| Others | 55.8 | 0.4 | 6.6 | 40.1 | -10.4% |
| Total | 70.5 | 0.5 | 7.4 | 4,670 | 304.6% |
Top Export Markets for Cereals; Grain Sorghum, Other than Seed from Turkey in 2022:
- Iraq (16.0K tons)
- Libya (0.3K tons)
Imports of Cereals; Grain Sorghum, Other than Seed in Turkey
In 2022, the amount of cereals; grain sorghum, other than seeds imported into Turkey soared to 8.2K tons, picking up by 1,299% against the previous year's figure. Overall, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of cereals; grain sorghum, other than seeds skyrocketed to $2.2M in 2022. In general, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cereals; Grain Sorghum, Other than Seed in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 0.1 | N/A | 46.3 | 731 | 1840.8% |
| Ukraine | 0.1 | N/A | 30.3 | 664 | 1779.6% |
| Moldova | N/A | N/A | 2.6 | 642 | 24592.3% |
| Sudan | N/A | N/A | 1.2 | 119 | 9816.7% |
| Kazakhstan | N/A | N/A | 0.3 | 45.5 | 15066.7% |
| Iran | N/A | N/A | 1.2 | 38.3 | 3091.7% |
| Others | N/A | N/A | 7.1 | N/A | 0% |
| Total | 0.2 | N/A | 89.1 | 2,239 | 2137.0% |
Top Suppliers of Cereals; Grain Sorghum, Other than Seed to Turkey in 2022:
- Ukraine (2.5K tons)
- Russia (2.5K tons)
- Moldova (2.4K tons)
- Sudan (0.3K tons)
- Iran (0.2K tons)
- Kazakhstan (0.2K tons)
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