Turkey - Poppy Seed - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPoppy Seed Price in Turkey - 2023
Contents:
- Poppy Seed Price in Turkey (FOB) - 2023
- Poppy Seed Price in Turkey (CIF) - 2022
- Poppy Seed Exports in Turkey
- Poppy Seed Imports in Turkey
Poppy Seed Price in Turkey (FOB) - 2023
In July 2023, the average poppy seed export price amounted to $3,387 per ton, with a decrease of -3% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.2%. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 18% against the previous month. Over the period under review, the average export prices reached the peak figure at $3,840 per ton in February 2023; however, from March 2023 to July 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was the UK ($4,474 per ton), while the average price for exports to Kyrgyzstan ($299 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.
Poppy Seed Price in Turkey (CIF) - 2022
The average poppy seed import price stood at $3,308 per ton in 2022, waning by -52.7% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 84% against the previous year. As a result, import price attained the peak level of $7,000 per ton, and then shrank sharply in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($4,903 per ton), while the price for Russia ($2,204 per ton) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+43.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Poppy Seed Exports in Turkey
In 2022, approx. 23K tons of poppy seed were exported from Turkey; with an increase of 256% compared with 2021 figures. In general, exports, however, recorded a noticeable decline.
In value terms, poppy seed exports soared to $91M in 2022. Overall, exports recorded a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Poppy Seed in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 61.4 | 0.9 | N/A | 67.6 | 3.3% |
| Nepal | N/A | N/A | 4.1 | 4.9 | 19.5% |
| Malaysia | 0.4 | 0.3 | 2.7 | 4.9 | 130.5% |
| United States | 2.4 | 3.0 | 3.2 | 2.4 | 0.0% |
| Germany | 3.7 | 2.4 | 1.9 | 1.6 | -24.4% |
| Poland | 1.5 | N/A | 0.4 | 1.2 | -7.2% |
| Israel | 1.9 | 1.4 | 1.4 | 1.1 | -16.7% |
| Netherlands | 3.1 | 2.0 | 1.6 | 1.0 | -31.4% |
| Russia | 5.0 | 0.8 | 0.5 | 0.6 | -50.7% |
| Latvia | 1.5 | 0.6 | 0.4 | 0.5 | -30.7% |
| Others | 9.9 | 7.5 | 6.5 | 5.6 | -17.3% |
| Total | 90.7 | 18.7 | 22.6 | 91.4 | 0.3% |
Top Export Markets for Poppy Seed from Turkey in 2022:
- India (15.8K tons)
- Malaysia (1.5K tons)
- Nepal (1.4K tons)
- United States (0.6K tons)
- Israel (0.5K tons)
- Germany (0.5K tons)
- Poland (0.4K tons)
- Netherlands (0.3K tons)
- Latvia (0.3K tons)
- Russia (0.2K tons)
Poppy Seed Imports in Turkey
Poppy seed imports into Turkey surged to 64 tons in 2022, picking up by 639,900% compared with 2021. Over the period under review, imports, however, saw a deep contraction.
In value terms, poppy seed imports soared to $212K in 2022. In general, imports, however, showed a precipitous setback.
| Import of Poppy Seed in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 122 | N/A | N/A | 75.9 | -14.6% |
| Denmark | N/A | N/A | N/A | 57.8 | 0% |
| Russia | 94.0 | N/A | N/A | 48.4 | -19.8% |
| France | N/A | N/A | N/A | 29.7 | 0% |
| Israel | N/A | 53.9 | N/A | N/A | 0% |
| Finland | N/A | 120 | N/A | N/A | 0% |
| Poland | 199 | N/A | N/A | N/A | 0% |
| Myanmar | N/A | 224 | N/A | N/A | 0% |
| Romania | N/A | 47.3 | N/A | N/A | 0% |
| Others | 45.5 | 18.1 | 0.1 | N/A | -95.3% |
| Total | 460 | 463 | 0.1 | 212 | -22.8% |
Top Suppliers of Poppy Seed to Turkey in 2022:
- Russia (21.9 tons)
- Denmark (18.0 tons)
- Germany (18.0 tons)
- France (6.0 tons)
This report provides an in-depth analysis of the poppy seed 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 296 - Poppy seed
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
1364
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In March 2023, the price of Poppy Seed was $3,754 per ton (FOB, Turkey), showing a decrease of -2.2% compared to the previous month.
382
The price of Sesame Seed in March 2023 reached $1,920 per ton (CIF, Turkey), marking a 2.6% increase compared to the previous month.
4651
The global poppy seed market was estimated at X tons in 2016, which was X% more than in the previous year.
3307
Global poppy seed consumption amounted to X thousand tons in 2015, falling by -X% against the previous year level.
4472
Global poppy seed exports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
1434
Global poppy seed imports amounted to X thousand tons in 2015, declining by -X% against the previous year level.
2033
In 2015, the countries with the highest levels of poppy seed production were the Czech Republic (X thousand tons), Turkey (X thousand tons), Spain (X thousand tons), together accounting for X% of total output.
506
In value terms, the global poppy seed market expanded to X million USD.
3929
The poppy seed is one of the essential oilseeds, and its cultivation is a deeply-entrenched tradition in the Czech Republic.
1342
With a surge in exports in 2014, the Czech Republic seized control of the poppy seed market. In 2014, the Czech Republic exported X thousand tons of poppy seed totaling X million USD, X% over the previous year. Its primary trading partner was Aust
