What is the price of sugar per kilogram/pound in Turkey today?
The retail price range for Turkey sugar is between US$ 0.87 and US$ 1.45 per kilogram or between US$ 0.39 and US$ 0.66 per pound(lb). Click here to see today's exact prices of sugar in Turkey
The retail price range in Turkish Lira for sugar is between TRY 17.23 and TRY 28.71 per kilogram or between TRY 7.81 and TRY 13.02 per pound(lb) in Ankara and Istanbul.
Wholesale prices
In 2024, the approximate wholesale price range for Turkey sugar is between US$ 0.61 and US$ 1.01 per kilogram or between US$ 0.28 and US$ 0.46 per pound(lb).
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Turkey Sugar Export Prices - Historical, Trends and Prediction
The export price per kilogram of sugar from Turkey over the last five years has seen a steady decline. In 2012, the price was 0.76 US dollars per kg, and by 2016, it had dropped to 0.61 US dollars per kg. However, in 2017, the price rose to 0.83 US dollars per kg before dropping again to 0.35 US dollars per kg in 2018. Since then, the price has been slowly increasing, with 0.39 US dollars per kg in 2020 and 0.44 US dollars per kg in 2021. The latest data shows the price at 0.61 US dollars per kg in 2022. Predictions for 2023 and 2024 suggest that the price will remain relatively stable, with an estimated 0.62 US dollars per kg in 2023 and 0.63 US dollars per kg in 2024.The exports of sugar from Turkey are categorised as:
- Raw cane sugar, in solid form, not containing added flavouring or colouring matter (excluding cane sugar of 1701 13) (HS code 170114)
- Raw cane sugar, in solid form, not containing added flavouring or colouring matter, obtained without centrifugation, with sucrose content 69° to 93°, containing only natural anhedral microcrystals (see subheading note 2.) (HS code 170113)
- Refined cane or beet sugar, containing added flavouring or colouring, in solid form (HS code 170191)
- Raw beet sugar (excluding added flavouring or colouring) (HS code 170112)
- Raw cane sugar (excluding added flavouring or colouring) (HS code 170111)
- Cane or beet sugar and chemically pure sucrose, in solid form (excluding cane and beet sugar containing added flavouring or colouring and raw sugar) (HS code 170199)
Turkey Sugar Import Prices - Historical, Trends and Prediction
The import price per kilogram of sugar into Turkey over the last five years has been relatively stable. In 2017, the price was 0.83 US dollars per kilogram, before dropping to 0.35 US dollars per kilogram in 2018. The price then increased slightly to 0.36 US dollars per kilogram in 2019 and 0.39 US dollars per kilogram in 2020. The most recent data shows that the price has risen to 0.44 US dollars per kilogram in 2021. Based on this trend, it is likely that the import price per kilogram of sugar into Turkey will be 0.47 US dollars in 2023 and 0.50 US dollars in 2024.Export values for Turkey sugar
The total values in export for sugar in Turkey were US$ 10,030, US$ 3,196, US$ 24,236 and US$ 10,334 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 sugar in other countries across Middle East: Bahrain sugar, Cyprus sugar, Iraq sugar, Israel sugar, Jordan sugar, Kuwait sugar, Lebanon sugar, Palestine sugar, Oman sugar & Qatar sugar.
Turkey sugar - Production, Exports, Imports, Seasons and HS Codes
The quantity of sugar sold by Turkey in 2020 was 59,897 metric tons. In 2019 Turkey shipped 30,343 tonnes of sugar. Through 2019 alone, the interest in Turkey sugar (processed category) has shrunk, recording a change of -55.579 per cent compared to the year 2018. Between 2017 and 2019, sugar's exports increased by 690.59 pc netting the exporter US$10.33m for the year 2019. Turkey's sugar exports are classified as:
- Raw beet sugar (excluding added flavouring or colouring) (HS code 170112)
- Cane or beet sugar and chemically pure sucrose, in solid form (excluding cane and beet sugar containing added flavouring or colouring and raw sugar) (HS code 170199)
- Raw cane sugar, in solid form, not containing added flavouring or colouring matter (excluding cane sugar of 1701 13) (HS code 170114)
- Raw cane sugar (excluding added flavouring or colouring) (HS code 170111)
- Raw cane sugar, in solid form, not containing added flavouring or colouring matter, obtained without centrifugation, with sucrose content 69° to 93°, containing only natural anhedral microcrystals (see subheading note 2.) (HS code 170113)
- Refined cane or beet sugar, containing added flavouring or colouring, in solid form (HS code 170191)
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Turkey sugar export values
In 2019, Turkey shipped sugar with a value of 10.33m USD, a reduction of -57.38% from 2018's total sugar export of 24.236m USD. The annual change in value of Turkey sugar between 2017 to 2018 was 658.323 percent.
The annual/yearly change in the volume of Turkey's sugar exports between 2017 and 2019 was 690.59 per cent compared to a variation of -55.579% in the period between 2018 and 2019.
Export markets for Turkey sugar ( in '000$ )
Turkey's leading export markets for sugar are Poland, South Korea, Serbia, the Dominican Republic and Belarus.
Turkey purchased 132,571 tonnes of sugar in 2019.