Turkey - Paddy Rice - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPaddy Rice Price in Turkey - 2023
Contents:
- Paddy Rice Price in Turkey (CIF) - 2022
- Paddy Rice Price in Turkey (FOB) - 2022
- Paddy Rice Imports in Turkey
- Paddy Rice Exports in Turkey
Paddy Rice Price in Turkey (CIF) - 2022
In 2022, the average paddy rice import price amounted to $425 per ton, waning by -7.3% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 21% against the previous year. Over the period under review, average import prices hit record highs at $467 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($437 per ton), while the price for Bulgaria totaled $407 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Paddy Rice Price in Turkey (FOB) - 2022
The average paddy rice export price stood at $673 per ton in 2022, falling by -24.1% against the previous year. Over the period under review, the export price continues to indicate a perceptible decrease. The pace of growth was the most pronounced in 2018 an increase of 76%. The export price peaked at $1,486 per ton in 2013; however, from 2014 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 Liberia ($1,762 per ton), while the average price for exports to Russia ($587 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 Syrian Arab Republic (+5.3%), while the prices for the other major destinations experienced mixed trend patterns.
Paddy Rice Imports in Turkey
In 2022, purchases abroad of paddy rice decreased by -78% to 16K tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a sharp contraction. The most prominent rate of growth was recorded in 2020 with an increase of 77% against the previous year. As a result, imports reached the peak of 179K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, paddy rice imports fell markedly to $6.8M in 2022. Over the period under review, imports continue to indicate a dramatic slump. The growth pace was the most rapid in 2020 when imports increased by 115%. As a result, imports reached the peak of $79M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Paddy Rice in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 19.3 | 15.7 | 18.5 | 3.8 | -41.8% |
| Bulgaria | 10.1 | 17.3 | 13.3 | 3.0 | -33.3% |
| Greece | 7.2 | 15.1 | 0.6 | N/A | -71.1% |
| United States | N/A | 17.8 | N/A | N/A | 0% |
| Brazil | N/A | 8.5 | N/A | N/A | 0% |
| Others | 0.1 | 4.4 | 1.1 | 0.1 | 0.0% |
| Total | 36.7 | 78.9 | 33.5 | 6.8 | -43.0% |
Top Suppliers of Paddy Rice to Turkey in 2022:
- Russia (8.6K tons)
- Bulgaria (7.4K tons)
Paddy Rice Exports in Turkey
In 2022, overseas shipments of paddy rice were finally on the rise to reach 459 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, paddy rice exports skyrocketed to $309K in 2022. Overall, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Paddy Rice in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 75.0 | 58.3 | 49.4 | 222 | 43.6% |
| Liberia | 4.6 | 5.3 | 6.0 | 13.1 | 41.7% |
| Bulgaria | 17.5 | 8.7 | 42.6 | 12.5 | -10.6% |
| Kazakhstan | N/A | N/A | N/A | 11.3 | 0% |
| Azerbaijan | N/A | 25.8 | 0.2 | 8.3 | -43.3% |
| Syrian Arab Republic | N/A | 4.3 | N/A | 5.6 | 14.1% |
| Ukraine | 28.8 | 21.4 | 18.0 | 1.4 | -63.5% |
| Others | 30.3 | 35.8 | 37.4 | 34.7 | 4.6% |
| Total | 156 | 160 | 154 | 309 | 25.6% |
Top Export Markets for Paddy Rice from Turkey in 2022:
- Russia (378.0 tons)
- Bulgaria (20.0 tons)
- Kazakhstan (11.3 tons)
- Azerbaijan (10.0 tons)
- Syrian Arab Republic (7.5 tons)
- Liberia (7.4 tons)
- Ukraine (3.2 tons)
This report provides an in-depth analysis of the paddy rice 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:
- FCL 27 - Rice, paddy
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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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