Price for Cereal Grains; Rolled or Flaked, of Oats in Turkey - 2024

Contents:

1. Price for Cereal Grains; Rolled or Flaked, of Oats in Turkey (CIF) - 2022
2. Price for Cereal Grains; Rolled or Flaked, of Oats in Turkey (FOB) - 2022
3. Imports of Cereal Grains; Rolled or Flaked, of Oats in Turkey
4. Exports of Cereal Grains; Rolled or Flaked, of Oats in Turkey

Price for Cereal Grains; Rolled or Flaked, of Oats in Turkey (CIF) - 2022

The average import price for cereal grains; rolled or flaked, of oatses stood at $711 per ton in 2022, picking up by 3.7% against the previous year. In general, the import price, however, recorded a mild contraction. The growth pace was the most rapid in 2020 when the average import price increased by 10%. Over the period under review, average import prices reached the maximum at $856 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Denmark ($1,749 per ton), while the price for Russia ($533 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cereal Grains; Rolled or Flaked, of Oats in Turkey (FOB) - 2022

The average export price for cereal grains; rolled or flaked, of oatses stood at $1,333 per ton in 2022, rising by 14% against the previous year. Overall, the export price recorded a pronounced increase. The pace of growth was the most pronounced in 2013 an increase of 140% against the previous year. As a result, the export price reached the peak level of $2,404 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iraq ($2,085 per ton), while the average price for exports to Egypt ($666 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 Tunisia (+71.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cereal Grains; Rolled or Flaked, of Oats in Turkey

In 2022, after three years of growth, there was significant decline in supplies from abroad of cereal grains; rolled or flaked, of oatses, when their volume decreased by -50.6% to 2.1K tons. Over the period under review, imports, however, saw strong growth. The pace of growth was the most pronounced in 2020 when imports increased by 127% against the previous year.

In value terms, imports of cereal grains; rolled or flaked, of oatses dropped significantly to $1.5M in 2022. In general, imports, however, saw a prominent increase. The pace of growth appeared the most rapid in 2020 with an increase of 151%.

Top Suppliers of Cereal Grains; Rolled or Flaked, of Oats to Turkey in 2022:

1. Ukraine (1024.8 tons)
2. Germany (556.6 tons)
3. Russia (182.8 tons)
4. Belgium (156.2 tons)
5. Finland (90.8 tons)
6. Lithuania (53.0 tons)
7. Denmark (36.0 tons)
8. United Kingdom (26.0 tons)

Exports of Cereal Grains; Rolled or Flaked, of Oats in Turkey

In 2022, overseas shipments of cereal grains; rolled or flaked, of oatses decreased by -16.8% to 559 tons for the first time since 2018, thus ending a three-year rising trend. Overall, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +16.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.1% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 38%. As a result, the exports reached the peak of 672 tons, and then reduced remarkably in the following year.

In value terms, exports of cereal grains; rolled or flaked, of oatses dropped to $745K in 2022. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 48% against the previous year. As a result, the exports attained the peak of $785K, and then reduced in the following year.

Top Export Markets for Cereal Grains; Rolled or Flaked, of Oats from Turkey in 2022:

1. Cyprus (165.7 tons)
2. Egypt (91.0 tons)
3. Kenya (48.0 tons)
4. Syrian Arab Republic (47.2 tons)
5. Azerbaijan (44.3 tons)
6. Libya (36.4 tons)
7. Lebanon (35.3 tons)
8. Iraq (26.7 tons)

Source: IndexBox Market Intelligence Platform