Turkey: Dry Peas Market 2024

Dry Peas Market Size in Turkey

After two years of growth, the Turkish dry peas market decreased by X% to $X in 2022. Over the period under review, consumption, however, recorded a significant expansion. As a result, consumption reached the peak level of $X, and then fell sharply in the following year.

Dry Peas Production in Turkey

In value terms, dry peas production shrank sharply to $X in 2022 estimated in export price. In general, production, however, recorded a deep downturn. The growth pace was the most rapid in 2021 when the production volume increased by X% against the previous year. Dry peas production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

In 2022, the average yield of peas (dry) in Turkey stood at X tons per ha, remaining relatively unchanged against the year before. The yield figure increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2013 when the yield increased by X% against the previous year. Over the period under review, the average dry peas yield hit record highs at X tons per ha in 2018; however, from 2019 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of peas (dry) production in Turkey surged to X ha, growing by X% compared with the previous year. Overall, the harvested area, however, showed a perceptible shrinkage. The dry peas harvested area peaked at X ha in 2013; however, from 2014 to 2022, the harvested area stood at a somewhat lower figure.

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Dry Peas Exports

Exports from Turkey

For the third consecutive year, Turkey recorded growth in overseas shipments of peas (dry), which increased by X% to X tons in 2022. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, dry peas exports surged to $X in 2022. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

Iraq (X tons) was the main destination for dry peas exports from Turkey, accounting for a X% share of total exports. Moreover, dry peas exports to Iraq exceeded the volume sent to the second major destination, Bangladesh (X tons), eightfold. The third position in this ranking was taken by the United States (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Iraq stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bangladesh (X% per year) and the United States (X% per year).

In value terms, Iraq ($X) remains the key foreign market for peas (dry) exports from Turkey, comprising X% of total exports. The second position in the ranking was taken by Bangladesh ($X), with a X% share of total exports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Iraq stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bangladesh (X% per year) and the United States (X% per year).

Export Prices by Country

The average dry peas export price stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Yemen ($X per ton) and Afghanistan ($X per ton), while the average price for exports to the United States ($X per ton) and the UK ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Yemen (X%), while the prices for the other major destinations experienced more modest paces of growth.

Dry Peas Imports

Imports into Turkey

In 2022, the amount of peas (dry) imported into Turkey surged to X tons, increasing by X% on the previous year's figure. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, dry peas imports skyrocketed to $X in 2022. In general, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Russia (X tons) constituted the largest dry peas supplier to Turkey, accounting for a X% share of total imports. Moreover, dry peas imports from Russia exceeded the figures recorded by the second-largest supplier, Ukraine (X tons), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Russia amounted to X%.

In value terms, Russia ($X) constituted the largest supplier of peas (dry) to Turkey, comprising X% of total imports. The second position in the ranking was taken by Ukraine ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Russia stood at X%.

Import Prices by Country

The average dry peas import price stood at $X per ton in 2022, growing by X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of X%. The import price peaked at $X per ton in 2012; however, from 2013 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 Ukraine ($X per ton), while the price for Russia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (X%).

Source: IndexBox Platform