The rate of flour exports from Turkey is lagging behind last year

Published 2022년 11월 24일

Tridge summary

In the third quarter of the 2022/23 fiscal year, Turkey's wheat flour exports experienced an 8% decline compared to the same period in the previous year, totaling 795.5 thousand tons. Despite this, September's exports saw a 12% increase, reaching 320.8 thousand tons. The main importer, Iraq, saw a 9% decrease in deliveries, while Yemen's imports rose by 53%. No wheat flour was exported to Sri Lanka in the previous season, but this season, 50,000 tons were shipped there. Initial wheat stocks in Turkey are projected to be 40% lower than the previous season at 2.2 million tons, leading to an predicted increase in wheat imports to 10 million tons. The export of wheat and flour in grain equivalent is anticipated to remain stable at 6.75 million tons for the 2022/23 fiscal year.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to TURKSTAT data, in July-September 2022/23 FY, 795.5 thousand tons of wheat flour were exported from Turkey, which was 8% lower than the figure for the same period in 2021/22 FY (866.0 thousand tons). At the same time, in September of the current fiscal year, export volumes were 12% higher than September exports in the previous season, amounting to 320.8 thousand tons against 287.1 thousand tons. The main importer of Turkish flour in the first three months of the 2022/23 FY was traditionally Iraq, but the volume of deliveries to this country decreased by 9% compared to the same indicator of the previous FY and amounted to 371,000 tons against 408,000 tons. Also, deliveries decreased by 9%. to Syria But Yemen increased imports by 53%, up to 59,000 tons. Also, about 50,000 tons of flour was delivered to Sri Lanka, while in the reporting period of the last season, no deliveries were made there. According to the November forecasts of USDA analysts, in the 2022/23 FY, ...

Source: Agroconf