What is the price of oil cake (press cake) per kilogram/pound in Turkey today?
The retail price range for Turkey oil cake (press cake) is between US$ 1.92 and US$ 4.33 per kilogram or between US$ 0.87 and US$ 1.96 per pound(lb). Click here to see today's exact prices of oil cake (press cake) in Turkey
The retail price range in Turkish Lira for oil cake (press cake) is between TRY 38.09 and TRY 85.69 per kilogram or between TRY 17.27 and TRY 38.86 per pound(lb) in Ankara and Istanbul.
Wholesale prices
In 2024, the approximate wholesale price range for Turkey oil cake (press cake) is between US$ 1.35 and US$ 3.03 per kilogram or between US$ 0.61 and US$ 1.37 per pound(lb).
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Turkey Oil Cake (press Cake) Export Prices - Historical, Trends and Prediction
The export price per kilogram of Oil cake (Press cake) from Turkey has seen a steady increase over the last five years. In 2017, the export price was 0.36 US $ per kg, and in 2021 it had risen to 0.48 US $ per kg. The most recent data shows that the export price in 2022 was 0.59 US $ per kg. This represents an increase of over 65% since 2017. Based on this trend, it is likely that the export price for 2023 and 2024 will be around 0.63 US $ per kg and 0.68 US $ per kg respectively.Turkey Oil Cake (press Cake) Import Prices - Historical, Trends and Prediction
The data shows the import prices of Oil cake (Press cake) into Turkey over the past decade. The prices have fluctuated over the years, with the highest price of 0.6 US dollars per kg in 2013 and the lowest price of 0.35 US dollars per kg in 2012, 2018 and 2020. The most recent five years have seen a steady decline in the import price, with the price in 2021 being 0.48 US dollars per kg, and the price in 2022 being 0.59 US dollars per kg. Based on this trend, it is predicted that the import price of Oil cake (Press cake) into Turkey in 2023 will be 0.52 US dollars per kg, and the import price in 2024 will be 0.45 US dollars per kg.Export values for Turkey oil cake (press cake)
The total values in export for oil cake (press cake) in Turkey were US$ 25,286, US$ 25,347, US$ 36,417 and US$ 33,265 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Turkey: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of oil cake (press cake) in other countries across Middle East: Bahrain oil cake (press cake), Cyprus oil cake (press cake), Iraq oil cake (press cake), Israel oil cake (press cake), Jordan oil cake (press cake), Kuwait oil cake (press cake), Lebanon oil cake (press cake), Palestine oil cake (press cake), Oman oil cake (press cake) & Qatar oil cake (press cake).
Turkey oil cake (press cake) - Production, Exports, Imports, Seasons and HS Codes
The amount of oil cake (press cake) exported by Turkey in 2020 was 549,122 metric tonnes. In 2019 Turkey sold 81,016 tonnes of oil cake (press cake). In 2019 alone, the market for Turkey oil cake (press cake) (processed category) has decreased, recording a change of -22.519 % compared to the year 2018. Between 2017 and 2019, oil cake (press cake)'s exports grew by 14 pc netting the exporter US$33.26m for the year 2019. Turkey's oil cake (press cake) exports are classified as:
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil (HS code 230400)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of sunflower seeds (HS code 230630)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of linseed (HS code 230620)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of high erucic acid rape or colza seeds "yielding a fixed oil which has an erucic acid content of >= 2% and yielding a solid component of glucosinolates of >= 30 micromoles/g" (HS code 230649)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of low erucic acid rape or colza seeds "yielding a fixed oil which has an erucic acid content of < 2% and yielding a solid component of glucosinolates of < 30 micromoles/g" (HS code 230641)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of palm nuts or kernels (HS code 230660)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of cotton seeds (HS code 230610)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of coconut or copra (HS code 230650)
- Oil-cake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of rape or colza seeds (HS code 230640)
- Oil-cake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of vegetable fats or oils from maize "corn" germ (HS code 230670)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of vegetable fats or oils (excluding of cotton seeds, linseed, sunflower seeds, rape or colza seeds, coconut or copra, palm nuts or kernels, or from the extraction of soya-bean oil or groundnut oil) (HS code 230690)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of groundnut oil (HS code 230500)
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Turkey oil cake (press cake) export values
In 2019, Turkey shipped oil cake (press cake) valued at 33.26m USD, a drop of -8.67% from 2018's total oil cake (press cake) export of 36.417m USD. The annual reduction in value of Turkey oil cake (press cake) between 2017 to 2018 was 43.674%.
The annual variation in the amount of Turkey's oil cake (press cake) exports between 2017 and 2019 was 14% compared to a variation of -22.519% in the period between 2018 and 2019.
Export markets for Turkey oil cake (press cake) ( in '000$ )
Turkey imported 2,213,639 tonnes of oil cake (press cake) in 2019.