Cereals; Millet, Seed Price in Turkey - 2023
Contents:
- Cereals; Millet, Seed Price in Turkey (CIF) - 2022
- Cereals; Millet, Seed Price in Turkey (FOB) - 2022
- Cereals; Millet, Seed Imports in Turkey
- Cereals; Millet, Seed Exports in Turkey
Cereals; Millet, Seed Price in Turkey (CIF) - 2022
In 2022, the average cereals; millet, seed import price amounted to $234 per ton, with a decrease of -64.5% against the previous year. Over the period under review, the import price saw a pronounced decline. The most prominent rate of growth was recorded in 2019 an increase of 56%. As a result, import price reached the peak level of $838 per ton. From 2020 to 2022, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Uzbekistan.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to -4.8% per year.
Cereals; Millet, Seed Price in Turkey (FOB) - 2022
The average cereals; millet, seed export price stood at $33,500 per ton in 2022, with an increase of 13,674% against the previous year. Overall, the export price saw a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Indonesia.
From 2013 to 2022, the rate of growth in terms of prices for Indonesia amounted to +818.6% per year.
Cereals; Millet, Seed Imports in Turkey
In 2022, approx. 116 tons of cereals; millet, seeds were imported into Turkey; which is down by -79.7% compared with the previous year's figure. Over the period under review, imports showed a significant contraction. The smallest decline of -37% was in 2020.
In value terms, cereals; millet, seed imports shrank rapidly to $27K in 2022. Overall, imports faced a dramatic decline. The smallest decline of -46.7% was in 2020.
| Import of Cereals; Millet, Seed in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uzbekistan | 1,229 | 670 | 353 | 27.0 | -72.0% |
| India | 40.7 | 32.4 | 12.0 | N/A | -45.7% |
| United States | 78.0 | N/A | N/A | N/A | 0% |
| Canada | 9.3 | 8.4 | 9.6 | N/A | 1.6% |
| Others | N/A | 11.7 | N/A | N/A | 0% |
| Total | 1,357 | 723 | 375 | 27.0 | -72.9% |
Top Suppliers of Cereals; Millet, Seed to Turkey in 2022:
- Uzbekistan (115.5 tons)
Cereals; Millet, Seed Exports in Turkey
In 2022, shipments abroad of cereals; millet, seeds decreased by 99.9% to 2 kg, falling for the second consecutive year after two years of growth. In general, exports showed a dramatic slump. The most prominent rate of growth was recorded in 2020 with an increase of 167%. As a result, the exports reached the peak of 184 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, cereals; millet, seed exports fell remarkably to $67 in 2022. Over the period under review, exports recorded a precipitous shrinkage. The growth pace was the most rapid in 2020 with an increase of 139%. As a result, the exports reached the peak of $73K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Cereals; Millet, Seed in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | N/A | 73.0 | N/A | 0.1 | -96.3% |
| South Africa | 30.6 | N/A | N/A | N/A | 0% |
| Pakistan | N/A | N/A | 10.2 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 30.6 | 73.0 | 10.2 | 0.1 | -85.2% |
Top Export Markets for Cereals; Millet, Seed from Turkey in 2022:
- Indonesia (2.0 kg)
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