Price for Cereals; Grain Sorghum, Seed in Turkey - 2023
Contents:
- Price for Cereals; Grain Sorghum, Seed in Turkey (FOB) - 2022
- Price for Cereals; Grain Sorghum, Seed in Turkey (CIF) - 2022
- Exports of Cereals; Grain Sorghum, Seed in Turkey
- Imports of Cereals; Grain Sorghum, Seed in Turkey
Price for Cereals; Grain Sorghum, Seed in Turkey (FOB) - 2022
The average cereals; grain sorghum, seed export price stood at $283 per ton in 2022, reducing by -74.3% against the previous year. Overall, the export price faced a deep reduction. The most prominent rate of growth was recorded in 2013 when the average export price increased by 129%. The export price peaked at $4,000 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Iraq.
From 2012 to 2022, the rate of growth in terms of prices for Iraq amounted to 0.0% per year.
Price for Cereals; Grain Sorghum, Seed in Turkey (CIF) - 2022
In 2022, the average cereals; grain sorghum, seed import price amounted to $107 per ton, waning by -33.7% against the previous year. Overall, the import price showed a abrupt decline. The growth pace was the most rapid in 2016 when the average import price increased by 147%. Over the period under review, average import prices hit record highs at $755 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Ukraine.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to -8.9% per year.
Exports of Cereals; Grain Sorghum, Seed in Turkey
Cereals; grain sorghum, seed exports from Turkey surged to 69 tons in 2022, rising by 3,350% against 2021 figures. In general, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, cereals; grain sorghum, seed exports surged to $20K in 2022. Over the period under review, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Cereals; Grain Sorghum, Seed in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iraq | N/A | N/A | N/A | 19.5 | 0% |
| Switzerland | N/A | N/A | 2.2 | N/A | 0% |
| Others | 1.8 | N/A | N/A | N/A | 0% |
| Total | 1.8 | N/A | 2.2 | 19.5 | 121.3% |
Top Export Markets for Cereals; Grain Sorghum, Seed from Turkey in 2022:
- Iraq (69.0 tons)
Imports of Cereals; Grain Sorghum, Seed in Turkey
In 2022, approx. 183 tons of cereals; grain sorghum, seeds were imported into Turkey; declining by -78.1% against the previous year's figure. Overall, imports showed a dramatic decrease. The smallest decline of -33% was in 2020.
In value terms, cereals; grain sorghum, seed imports fell markedly to $20K in 2022. Over the period under review, imports continue to indicate a precipitous setback. The smallest decline of -27.7% was in 2020.
| Import of Cereals; Grain Sorghum, Seed in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 169 | 92.2 | 84.8 | 19.5 | -51.3% |
| India | 64.7 | 51.1 | 12.7 | N/A | -55.7% |
| United States | 122 | 113 | 35.8 | N/A | -45.8% |
| Others | 0.9 | 0.9 | 1.3 | N/A | 20.2% |
| Total | 356 | 258 | 135 | 19.5 | -62.0% |
Top Suppliers of Cereals; Grain Sorghum, Seed to Turkey in 2022:
- Ukraine (183.4 tons)
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