Starch; Manioc (Cassava) Price in Turkey - 2023

Contents:

  1. Starch; Manioc (Cassava) Price in Turkey (CIF) - 2022
  2. Starch; Manioc (Cassava) Price in Turkey (FOB) - 2022
  3. Starch; Manioc (Cassava) Imports in Turkey
  4. Starch; Manioc (Cassava) Exports in Turkey

Starch; Manioc (Cassava) Price in Turkey (CIF) - 2022

In 2022, the average starch; manioc (cassava) import price amounted to $1,009 per ton, increasing by 3.9% against the previous year. Overall, the import price saw a strong expansion. The pace of growth was the most pronounced in 2018 an increase of 76% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($4,342 per ton), while the price for Vietnam ($690 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Starch; Manioc (Cassava) Price in Turkey (FOB) - 2022

In 2022, the average starch; manioc (cassava) export price amounted to $15,072 per ton, increasing by 188% against the previous year. Over the period under review, the export price, however, recorded a slight decrease. The pace of growth was the most pronounced in 2021 when the average export price increased by 927%. Over the period under review, the average export prices hit record highs at $47,230 per ton in 2019; however, from 2020 to 2022, the 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 Iran ($18,249 per ton), while the average price for exports to Iraq ($2,740 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+0.2%).

Starch; Manioc (Cassava) Imports in Turkey

For the fourth year in a row, Turkey recorded growth in overseas purchases of starch; manioc (cassava)s, which increased by 36% to 305 tons in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +18.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.5% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, starch; manioc (cassava) imports soared to $308K in 2022. In general, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 93%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Starch; Manioc (Cassava) in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand10490.688.523130.5%
Vietnam38.617.410126.2-12.1%
Germany2.5N/A16.926.1118.6%
GhanaN/AN/A5.9N/A0%
OthersN/A4.64.824.3129.8%
Total14511321730828.5%

Top Suppliers of Starch; Manioc (Cassava) to Turkey in 2022:

  1. Thailand (253.3 tons)
  2. Vietnam (38.0 tons)
  3. Germany (6.0 tons)

Starch; Manioc (Cassava) Exports in Turkey

In 2022, the amount of starch; manioc (cassava)s exported from Turkey skyrocketed to 570 kg, growing by 1,018% against the year before. In general, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, starch; manioc (cassava) exports soared to $8.6K in 2022. Over the period under review, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Starch; Manioc (Cassava) in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iran0.4N/AN/A8.2173.7%
IraqN/AN/AN/A0.30%
PanamaN/AN/AN/A0.10%
United Arab Emirates2.50.10.3N/A-65.4%
OthersN/AN/AN/AN/A0%
Total2.90.10.38.643.7%

Top Export Markets for Starch; Manioc (Cassava) from Turkey in 2022:

  1. Iran (450.0 kg)
  2. Iraq (100.0 kg)
  3. Panama (15.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Starch; manioc (cassava) - Turkey