Report Update: Apr 1, 2024

Turkey - Wheat and Meslin Flour - Market Analysis, Forecast, Size, Trends And Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Price for Wheat and Meslin Flour in Turkey - 2023

Price for Wheat and Meslin Flour in Turkey (FOB) - 2023

In July 2023, the average wheat and meslin flour export price amounted to $371 per ton, reducing by -3% against the previous month. Overall, the export price showed a noticeable contraction. The pace of growth was the most pronounced in November 2022 when the average export price increased by 2.1% m-o-m. The export price peaked at $530 per ton in July 2022; however, from August 2022 to July 2023, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In July 2023, the highest price was recorded for prices to Iraq ($411 per ton) and Palestine ($379 per ton), while the average price for exports to Somalia ($312 per ton) and Syrian Arab Republic ($320 per ton) were amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Palestine (-1.9%), while the prices for the other major destinations experienced a decline.

Price for Wheat and Meslin Flour in Turkey (CIF) - 2023

In July 2023, the average wheat and meslin flour import price amounted to $385 per ton, growing by 9% against the previous month. Overall, the import price, however, saw a pronounced curtailment. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 69% month-to-month. The import price peaked at $1,184 per ton in March 2023; however, from April 2023 to July 2023, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was Bosnia and Herzegovina ($400 per ton), while the price for Russia stood at $355 per ton.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Yemen (0.0%), while the prices for the other major suppliers experienced a decline.

Exports of Wheat and Meslin Flour in Turkey

Wheat and meslin flour exports from Turkey expanded to 3.1M tons in 2022, surging by 2.8% against 2021. Overall, exports, however, recorded a mild slump.

In value terms, wheat and meslin flour exports surged to $1.5B in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +12.5% 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 +57.5% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Wheat and Meslin Flour in Turkey (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Iraq	506	473	528	612	6.5%
Yemen	156	90.6	117	153	-0.6%
Syrian Arab Republic	N/A	N/A	N/A	151	0%
Venezuela	35.1	59.4	51.8	90.1	36.9%
Sri Lanka	0.5	2.3	N/A	63.7	403.2%
Somalia	30.5	33.0	30.5	56.8	23.0%
Angola	67.3	56.8	62.7	38.4	-17.1%
Palestine	0.3	14.7	20.5	28.3	355.2%
Sierra Leone	7.6	7.5	21.5	26.9	52.4%
Benin	32.3	39.5	34.6	25.1	-8.1%
Djibouti	11.6	15.0	71.3	24.8	28.8%
Others	205	160	168	228	3.6%
Total	1,052	951	1,107	1,498	12.5%

Top Export Markets for Wheat and Meslin Flour from Turkey in 2022:

Iraq (1255.8K tons)
Syrian Arab Republic (337.3K tons)
Yemen (324.5K tons)
Venezuela (168.6K tons)
Sri Lanka (135.9K tons)
Somalia (125.1K tons)
Angola (76.7K tons)
Palestine (59.6K tons)
Djibouti (53.6K tons)
Sierra Leone (49.6K tons)
Benin (48.4K tons)

Imports of Wheat and Meslin Flour in Turkey

In 2022, approx. 62K tons of wheat and meslin flour were imported into Turkey; jumping by 339% compared with 2021. In general, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, wheat and meslin flour imports skyrocketed to $29M in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Wheat and Meslin Flour in Turkey (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Russia	0.3	N/A	N/A	25.0	336.8%
Yemen	1.4	N/A	4.1	3.2	31.7%
Bosnia and Herzegovina	2.5	3.6	0.4	0.1	-65.8%
Others	0.5	0.4	0.3	0.7	11.9%
Total	4.6	4.0	4.8	28.9	84.5%

Top Suppliers of Wheat and Meslin Flour to Turkey in 2022:

Russia (53.8K tons)
Yemen (7.1K tons)
Bosnia and Herzegovina (0.1K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for wheat and meslin flour 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 16 - Flour of Wheat

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023