Turkey - Breakfast Cereals - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBreakfast Cereal Price in Turkey - 2023
Contents:
- Breakfast Cereal Price in Turkey (FOB) - 2023
- Breakfast Cereal Price in Turkey (CIF) - 2022
- Breakfast Cereal Exports in Turkey
- Breakfast Cereal Imports in Turkey
Breakfast Cereal Price in Turkey (FOB) - 2023
In September 2023, the average breakfast cereal export price amounted to $745 per ton, with an increase of 3.8% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 when the average export price increased by 11% against the previous month. As a result, the export price attained the peak level of $913 per ton. From March 2023 to September 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was Germany ($1,121 per ton), while the average price for exports to Poland ($539 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+1.0%), while the prices for the other major destinations experienced more modest paces of growth.
Breakfast Cereal Price in Turkey (CIF) - 2022
In 2022, the average breakfast cereal import price amounted to $2,721 per ton, with an increase of 3.7% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 23%. The import price peaked at $2,730 per ton in 2014; afterwards, it flattened through to 2022.
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 the UK ($5,721 per ton), while the price for Jordan ($725 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Breakfast Cereal Exports in Turkey
In 2022, the amount of breakfast cereals exported from Turkey rose sharply to 297K tons, increasing by 7.6% against 2021 figures. Overall, exports, however, continue to indicate a slight shrinkage.
In value terms, breakfast cereal exports soared to $223M in 2022. The total export value increased at an average annual rate of +7.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Breakfast Cereal in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iraq | 42.1 | 46.4 | 41.9 | 44.5 | 1.9% |
| Syrian Arab Republic | N/A | N/A | N/A | 25.9 | 0% |
| Germany | 18.6 | 25.9 | 22.0 | 24.1 | 9.0% |
| Belgium | 8.2 | 9.4 | 10.4 | 10.5 | 8.6% |
| Russia | 5.5 | 6.7 | 8.5 | 10.3 | 23.3% |
| Lebanon | 7.8 | 9.7 | 6.7 | 9.7 | 7.5% |
| Israel | 7.3 | 8.7 | 8.6 | 9.4 | 8.8% |
| United States | 6.5 | 7.6 | 7.1 | 7.5 | 4.9% |
| Ukraine | 4.9 | 5.6 | 4.0 | 6.7 | 11.0% |
| France | 5.0 | 4.1 | 3.6 | 5.9 | 5.7% |
| Jordan | 5.0 | 5.6 | 5.2 | 5.5 | 3.2% |
| Saudi Arabia | 14.8 | 12.9 | 0.8 | 4.6 | -32.3% |
| Others | 52.6 | 52.9 | 55.6 | 58.8 | 3.8% |
| Total | 178 | 195 | 174 | 223 | 7.8% |
Top Export Markets for Breakfast Cereal from Turkey in 2022:
- Iraq (87.9K tons)
- Syrian Arab Republic (43.7K tons)
- Germany (19.5K tons)
- Russia (15.8K tons)
- Belgium (13.9K tons)
- Lebanon (12.5K tons)
- Israel (11.2K tons)
- Ukraine (8.0K tons)
- Jordan (7.5K tons)
- France (6.5K tons)
- Saudi Arabia (5.5K tons)
- United States (5.5K tons)
Breakfast Cereal Imports in Turkey
In 2022, purchases abroad of breakfast cereals decreased by -0.1% to 3.1K tons, falling for the second year in a row after two years of growth. In general, imports saw a abrupt setback. The pace of growth was the most pronounced in 2020 with an increase of 7.9%. As a result, imports attained the peak of 5.4K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, breakfast cereal imports rose modestly to $8.5M in 2022. Over the period under review, imports showed a perceptible setback. The pace of growth was the most pronounced in 2020 with an increase of 23% against the previous year. As a result, imports attained the peak of $11M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Breakfast Cereal in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 2,313 | 3,081 | 2,484 | 2,644 | 4.6% |
| Poland | 1,981 | 2,294 | 1,358 | 1,200 | -15.4% |
| Germany | 1,111 | 2,266 | 1,331 | 841 | -8.9% |
| Switzerland | 1,356 | 907 | 413 | 816 | -15.6% |
| Portugal | 26.9 | N/A | 144 | 557 | 174.6% |
| United Kingdom | 488 | 916 | 540 | 408 | -5.8% |
| Lithuania | 27.6 | 297 | 645 | 385 | 140.7% |
| Ukraine | 44.5 | 15.0 | 15.2 | 273 | 83.1% |
| China | 225 | 210 | 101 | 194 | -4.8% |
| Belgium | 279 | 279 | 457 | 189 | -12.2% |
| Austria | 122 | 192 | 35.1 | 165 | 10.6% |
| Jordan | 38.4 | 5.4 | N/A | 52.2 | 10.8% |
| Iraq | 288 | 264 | 34.1 | 19.1 | -59.5% |
| Others | 996 | 724 | 637 | 746 | -9.2% |
| Total | 9,296 | 11,450 | 8,194 | 8,486 | -3.0% |
Top Suppliers of Breakfast Cereal to Turkey in 2022:
- France (639.3 tons)
- Poland (475.7 tons)
- Germany (455.3 tons)
- Switzerland (349.7 tons)
- Ukraine (246.8 tons)
- Portugal (188.4 tons)
- Lithuania (130.3 tons)
- China (87.9 tons)
- Jordan (72.0 tons)
- United Kingdom (71.4 tons)
- Belgium (56.4 tons)
- Austria (55.8 tons)
- Iraq (26.0 tons)
This report provides an in-depth analysis of the breakfast cereal market in Turkey. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10613351 - Muesli type preparations based on unroasted cereal flakes
- Prodcom 10613355 - Cereals in grain form, precooked or otherwise prepared (excluding maize)
- Prodcom 10613353 - Other prepared foods obtained by the swelling or roasting of cereals
Country coverage:
- Turkey
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Turkey
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In March 2023, Breakfast Cereal exports surged by 49% month-to-month, marking the fastest growth pace. However, by December 2023, the value of breakfast cereal exports plummeted to $6.7M.
287
The price of Breakfast Cereal in March 2023 was $868 per ton (FOB, Turkey), showing a decrease of -4.8% compared to the previous month.
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In value terms, abrasive powder exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated so...
126
In March 2023, Breakfast Cereal exports surged by 49% month-to-month, marking the fastest growth pace. However, by December 2023, the value of breakfast cereal exports plummeted to $6.7M.
287
The price of Breakfast Cereal in March 2023 was $868 per ton (FOB, Turkey), showing a decrease of -4.8% compared to the previous month.
1237
In value terms, abrasive powder imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable fl...
1340
In value terms, abrasive powder exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated so...
