Turkish flour export rates lag behind last year

Published 2022년 11월 24일

Tridge summary

In the July-September 2022/23 marketing year, Turkey experienced an 8% decrease in wheat flour exports compared to the same period in the previous year, totaling 795.5 thousand tons. Despite this, September exports saw a 12% increase compared to the previous year, reaching 320.8 thousand tons. While traditional importers like Iraq and Syria saw a decrease in their flour imports, Yemen and Sri Lanka increased their imports by 53% and 50 thousand tons, respectively. Due to a 40% decrease in initial wheat stocks, which are estimated at 2.2 million tons, it is forecasted that Turkey will see a rise in wheat imports to 10 million tons by the end of the season, while exports are expected to remain stable at 6.75 million tons in grain equivalent.

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

Original content

According to TURKSTAT, in July-September 2022/23 MY, 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 MY (866.0 thousand tons). At the same time, in September of the current MY, export volumes were 12% higher than September exports in the previous season, amounting to 320.8 thousand tons against 287.1 thousand tons. Iraq has traditionally been the key importer of Turkish flour in the first three months of MY 2022/23, but the volume of deliveries to this country decreased by 9% compared to the same indicator of the previous MY and amounted to 371 thousand tons against 408 thousand tons. Also, they decreased by 9%. deliveries to Syria. But Yemen increased imports by 53%, to 59 thousand tons. Also, about 50 thousand tons of flour were delivered to Sri Lanka, while in the reporting period of the last season there were no deliveries there. According to the November forecasts of USDA analysts, in 2022/23 MY ...

Source: Zol