Price for Cereals; Oats, Other than Seed in Turkey - 2023
Contents:
- Price for Cereals; Oats, Other than Seed in Turkey (CIF) - 2022
- Price for Cereals; Oats, Other than Seed in Turkey (FOB) - 2022
- Imports of Cereals; Oats, Other than Seed in Turkey
- Exports of Cereals; Oats, Other than Seed in Turkey
Price for Cereals; Oats, Other than Seed in Turkey (CIF) - 2022
In 2022, the average import price for cereals; oats, other than seeds amounted to $301 per ton, growing by 19% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 770%. As a result, import price attained the peak level of $1,910 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($316 per ton), while the price for Ukraine stood at $176 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+25.4%).
Price for Cereals; Oats, Other than Seed in Turkey (FOB) - 2022
In 2022, the average export price for cereals; oats, other than seeds amounted to $692 per ton, with a decrease of -32.3% against the previous year. Overall, the export price, however, showed measured growth. The most prominent rate of growth was recorded in 2020 an increase of 103% against the previous year. The export price peaked at $2,182 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Algeria ($2,846 per ton), while the average price for exports to Libya ($534 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 the United Arab Emirates (+88.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereals; Oats, Other than Seed in Turkey
After three years of growth, supplies from abroad of cereals; oats, other than seeds decreased by -24.6% to 5.1K tons in 2022. Over the period under review, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 1,961,218%. As a result, imports attained the peak of 6.8K tons, and then reduced remarkably in the following year.
In value terms, cereals; oats, other than seed imports shrank to $1.5M in 2022. In general, imports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 349,208%. As a result, imports attained the peak of $1.7M, and then declined in the following year.
| Import of Cereals; Oats, Other than Seed in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | N/A | 1.7 | 1.4 | -17.6% |
| Ukraine | N/A | N/A | N/A | 0.1 | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | N/A | N/A | 1.7 | 1.5 | -11.8% |
Top Suppliers of Cereals; Oats, Other than Seed to Turkey in 2022:
- Russia (4.6K tons)
- Ukraine (0.6K tons)
Exports of Cereals; Oats, Other than Seed in Turkey
In 2022, approx. 466 tons of cereals; oats, other than seeds were exported from Turkey; jumping by 3,936% on 2021 figures. Overall, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, cereals; oats, other than seed exports surged to $323K in 2022. Over the period under review, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cereals; Oats, Other than Seed in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Libya | N/A | N/A | N/A | 198 | 0% |
| Israel | N/A | N/A | N/A | 57.9 | 0% |
| Algeria | N/A | N/A | N/A | 38.8 | 0% |
| Cyprus | 2.2 | 2.9 | 6.0 | 8.2 | 55.0% |
| Iraq | 5.1 | N/A | N/A | 1.4 | -35.0% |
| Others | 6.6 | 9.8 | 5.8 | 18.0 | 39.7% |
| Total | 14.0 | 12.7 | 11.8 | 323 | 184.7% |
Top Export Markets for Cereals; Oats, Other than Seed from Turkey in 2022:
- Libya (371.3 tons)
- Israel (65.0 tons)
- Algeria (13.6 tons)
- Cyprus (6.8 tons)
- Iraq (0.9 tons)
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