What is the price of malt per kilogram/pound in Turkey today?
The retail price range for Turkey malt is between US$ 0.09 and US$ 0.41 per kilogram or between US$ 0.04 and US$ 0.19 per pound(lb). Click here to see today's exact prices of malt in Turkey
The retail price range in Turkish Lira for malt is between TRY 1.75 and TRY 8.16 per kilogram or between TRY 0.79 and TRY 3.70 per pound(lb) in Ankara and Istanbul.
Wholesale prices
In 2024, the approximate wholesale price range for Turkey malt is between US$ 0.06 and US$ 0.29 per kilogram or between US$ 0.03 and US$ 0.13 per pound(lb).
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Turkey Malt Export Prices - Historical, Trends and Prediction
The export price per kilogram of Malt from Turkey has seen a steady decline over the last five years. In 2017, the price was 2.67 US dollars per kilogram, and in 2021 it was 0.35 US dollars per kilogram. This represents a decrease of 86.7%. The lowest price was in 2020, when it was 0.34 US dollars per kilogram. Based on this trend, it is predicted that the export price per kilogram of Malt from Turkey in 2023 will be 0.30 US dollars per kilogram, and in 2024 it will be 0.26 US dollars per kilogram.The malt exports from Turkey are categorised as:
- Malt (excluding roasted) (HS code 110710)
- Roasted malt (HS code 110720)
Turkey Malt Import Prices - Historical, Trends and Prediction
The import price of Malt into Turkey over the last five years has been quite volatile. In 2012, the price was 0.64 US$ per kg, which then rose to 3.25 US$ per kg in 2013. This was followed by a decrease to 2.67 US$ per kg in 2014, and then a further decrease to 2.33 US$ per kg in 2015. In 2016, the price rose again to 3.00 US$ per kg, before dropping back to 2.67 US$ per kg in 2017. The price then dropped to 0.48 US$ per kg in 2018, and then further decreased to 0.36 US$ per kg in 2019. In 2020, the price dropped to 0.34 US$ per kg, and then rose slightly to 0.35 US$ per kg in 2021. The most recent data shows that the price of Malt into Turkey is 0.95 US$ per kg in 2022. Based on the data, it is predicted that the price of Malt into Turkey will remain relatively stable in 2023, at around 0.95 US$ per kg. In 2024, it is expected that the price will increase slightly, to around 1.05 US$ per kg.Export values for Turkey malt
The total values in export for malt in Turkey were US$ 18, US$ 16, US$ 1,478 and US$ 1,048 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Cereals/Grains category in Turkey: Wheat, Rye, Barley, Oats, Maize, Rice, Sorghum, Buckwheet, Millet & Canary seed.
See prices of malt in other countries across Middle East: Bahrain malt, Cyprus malt, Iraq malt, Israel malt, Jordan malt, Kuwait malt, Lebanon malt, Palestine malt, Oman malt & Qatar malt.
Turkey malt - Production, Exports, Imports, Seasons and HS Codes
The volume of malt exported by Turkey in 2020 was 1,852 metric tons. In 2019 Turkey sold 2,958 tonnes of malt. Across 2019 alone, the interest in Turkey malt (cereals/grains category) has shrunk, changing by -4.086 per cent compared to the year 2018. Between 2017 and 2019, malt's exports went up by 49200% bringing Turkey US$1.05m for the year 2019. Turkey's malt exports are classified as:
- Malt (excluding roasted) (HS code 110710)
- Roasted malt (HS code 110720)
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Turkey malt export values
In 2019, Turkey supplied malt costing 1.05m USD, a drop of -28.96% from 2018's total malt export of 1.478m USD. The yearly change in value of Turkey malt between 2017 to 2018 was 9137.5 percent.
The per year change in the amount of Turkey's malt exports between 2017 and 2019 was 49200 percent compared to a variation of -4.086% in the period between 2018 and 2019.
Turkey's stake of the world's total malt's exports in 2019 was less than 1%. The country is ranked number 34 in world exports of malt.
Export markets for Turkey malt ( in '000$ )
Turkey's top export markets for malt are Georgia, Cyprus, Ethiopia, Iraq and Bahrain.
Import/Export Trends
Turkey is a net importer of malt. The annual growth of Turkey malt in value between 2015 to 2019 was 6%, per year, while annual growth in quantity was 19%, per annum.
Turkey procured 72,891 tonnes of malt in 2019.