Price for Vegetable Saps and Extracts; Opium in Turkey - 2023

Contents:

1. Price for Vegetable Saps and Extracts; Opium in Turkey (FOB) - 2022
2. Exports of Vegetable Saps and Extracts; Opium in Turkey

Price for Vegetable Saps and Extracts; Opium in Turkey (FOB) - 2022

The average export price for vegetable saps and extracts; opia stood at $3,835 per ton in 2022, waning by -97.6% against the previous year. In general, the export price continues to indicate a precipitous shrinkage. The pace of growth appeared the most rapid in 2016 when the average export price increased by 43% against the previous year. As a result, the export price attained the peak level of $1,107,996 per ton. From 2017 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kyrgyzstan ($4,689 per ton), while the average price for exports to Iran ($2,701 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 Afghanistan (+15.1%), while the prices for the other major destinations experienced a decline.

Exports of Vegetable Saps and Extracts; Opium in Turkey

In 2022, vegetable saps and extracts; opium exports from Turkey surged to 176 kg, growing by 1,254% against 2021 figures. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, vegetable saps and extracts; opium exports shrank sharply to $675 in 2022. Overall, exports, however, showed a dramatic setback. The pace of growth was the most pronounced in 2020 with an increase of 30%. As a result, the exports attained the peak of $3.3K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Top Export Markets for Vegetable Saps and Extracts; Opium from Turkey in 2022:

1. Kyrgyzstan (74.0 kg)
2. Iran (67.0 kg)
3. Austria (35.0 kg)

Source: IndexBox Market Intelligence Platform