What is the price of whey per kilogram/pound in Turkey today?
The retail price range for Turkey whey is between US$ 4.34 and US$ 8.55 per kilogram or between US$ 1.97 and US$ 3.88 per pound(lb). Click here to see today's exact prices of whey in Turkey
The retail price range in Turkish Lira for whey is between TRY 85.92 and TRY 169.31 per kilogram or between TRY 38.97 and TRY 76.78 per pound(lb) in Ankara and Istanbul.
Wholesale prices
In 2024, the approximate wholesale price range for Turkey whey is between US$ 3.04 and US$ 5.98 per kilogram or between US$ 1.38 and US$ 2.71 per pound(lb).
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Turkey Whey Export Prices - Historical, Trends and Prediction
The export price per kilogram of Whey from Turkey over the last five years has seen a steady decline. In 2017, the price was 0.71 US$ per kg, dropping to 0.64 US$ per kg in 2018. The price then increased slightly to 0.70 US$ per kg in 2019, before rising again to 0.77 US$ per kg in 2020. The most recent data shows that the price has increased to 0.95 US$ per kg in 2021. Based on this trend, it is predicted that the export price per kilogram of Whey from Turkey will be 1.03 US$ per kg in 2023 and 1.11 US$ per kg in 2024.The exports of whey from Turkey are categorised as:
- Whey and modified whey, whether or not concentrated or containing added sugar or other sweetening matter (HS code 040410)
Turkey Whey Import Prices - Historical, Trends and Prediction
The import price per kilogram of Whey into Turkey over the last five years has seen a steady decline. In 2017, the price was 0.71 US$ per kg, followed by 0.64 US$ per kg in 2018. In 2019, the price increased slightly to 0.7 US$ per kg, before rising again to 0.77 US$ per kg in 2020. The most recent data shows that the price has increased to 0.95 US$ per kg in 2021. Based on the data, it is predicted that the import price per kilogram of Whey into Turkey will continue to increase in the coming years. It is expected that the price will reach 1.41 US$ per kg in 2022 and will continue to rise in 2023 and 2024.Export values for Turkey whey
The total values in export for whey in Turkey were US$ 19,885, US$ 29,915, US$ 27,915 and US$ 39,959 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, Butter, Cheese, Natural Honey, Coffee, Green Tea, Black Tea & Yerba mate.
See prices of whey in other countries across Middle East: Bahrain whey, Cyprus whey, Iraq whey, Israel whey, Jordan whey, Kuwait whey, Lebanon whey, Palestine whey, Oman whey & Qatar whey.
Turkey whey - Production, Exports, Imports, Seasons and HS Codes
The amount of whey sold by Turkey in 2020 was 66,084 tonnes. In 2019 Turkey exported 57,559 tonnes of whey. Across 2019 alone, the demand for Turkey whey (processed category) has improved, changing by 32.823 per cent compared to the year 2018. Between 2017 and 2019, whey's exports grew by 36.33% netting Turkey US$39.96m for the year 2019. Turkey's whey exports are categorised as:
- Whey and modified whey, whether or not concentrated or containing added sugar or other sweetening matter (HS code 040410)
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Turkey whey export values
In 2019, Turkey exported whey with a value of 39.96m USD, an increase of 43.15% from 2018's total whey export of 27.915m USD. The annual change in value of Turkey whey between 2017 to 2018 was -6.686%.
The annual variation in the quantity of Turkey's whey exports between 2017 and 2019 was 36.33 per cent in comparison to a variation of 32.823% in the period between 2018 and 2019.
Turkey's share of the world's total whey's exports in 2019 was less than 1%. The country is ranked position 60 in world exports of whey.
Export markets for Turkey whey ( in '000$ )
Turkey's best performing destinations for whey are Egypt, Pakistan, Bangladesh, Vietnam and the Philippines.
Import/Export Trends
Turkey is a net exporter of whey. The annual growth of Turkey whey in value between 2015 to 2019 was -40%, per annum, while annual growth in quantity during the same period was -44%, per annum.
Turkey ordered 21 tonnes of whey in 2019.