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Turkey - Peas (Dry) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Jun 1, 2025

Turkey - Peas (Dry) - Market Analysis, Forecast, Size, Trends and Insights

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Feb 25, 2023

Turkey's Dry Peas Price Amounts to $449 per Ton

Turkey Dry Peas Import Price in December 2022

In December 2022, the dry peas price stood at $449 per ton (CIF, Turkey), remaining relatively unchanged against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 an increase of 19% against the previous month. As a result, import price reached the peak level of $480 per ton. From September 2022 to December 2022, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In December 2022, the country with the highest price was Canada ($612 per ton), while the price for Russia ($424 per ton) was amongst the lowest.

From January 2022 to December 2022, the most notable rate of growth in terms of prices was attained by Canada (+1.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Turkey Dry Peas Imports

In December 2022, purchases abroad of peas (dry) decreased by -19.3% to 30K tons, falling for the second month in a row after two months of growth. In general, imports, however, saw buoyant growth. The most prominent rate of growth was recorded in September 2022 with an increase of 2,045% month-to-month. Over the period under review, imports attained the peak figure at 68K tons in October 2022; however, from November 2022 to December 2022, imports failed to regain momentum.

In value terms, dry peas imports plummeted to $14M (IndexBox estimates) in December 2022. Over the period under review, imports, however, posted a resilient increase. The most prominent rate of growth was recorded in September 2022 with an increase of 1,772% against the previous month. Imports peaked at 29K tons in October 2022; however, from November 2022 to December 2022, imports failed to regain momentum.

Turkey Dry Peas Imports by Country

In December 2022, Russia (22K tons) constituted the largest supplier of dry peas to Turkey, with a 72% share of total imports. Moreover, dry peas imports from Russia exceeded the figures recorded by the second-largest supplier, Ukraine (7K tons), threefold.

From January 2022 to December 2022, the average monthly rate of growth in terms of volume from Russia stood at +12.9%. The remaining supplying countries recorded the following average monthly rates of imports growth: Ukraine (+23.0% per month) and Canada (+2.0% per month).

In value terms, Russia ($9.3M) constituted the largest supplier of dry peas to Turkey, comprising 69% of total imports. The second position in the ranking was taken by Ukraine ($3M), with a 22% share of total imports.

From January 2022 to December 2022, the average monthly growth rate of value from Russia stood at +14.3%. The remaining supplying countries recorded the following average monthly rates of imports growth: Ukraine (+22.2% per month) and Canada (+3.4% per month).

What Drives Dry Peas Prices in Turkey?

The prices of dry peas in Turkey are driven by a variety of factors, including supply and demand, production costs, the value of the Turkish lira, and the current state of the Turkish economy.

The supply and demand of dry peas plays a significant role in their pricing. When the demand for dry peas is higher than the supply, prices tend to rise, while when the supply is greater than the demand, prices typically go down. Production costs such as labor, energy, and raw materials also have an impact on the price of dry peas.

The value of the Turkish lira is also important, as it directly affects the cost of imports and exports. A weaker lira results in higher dry peas prices, as imported dry peas become more expensive, while a stronger lira can result in lower prices, as imports become more affordable.

Finally, the current state of the Turkish economy can affect dry peas prices. When the economy is strong, people are more likely to purchase dry peas, resulting in higher prices. Conversely, when the economy is weak, people are less likely to purchase, and prices may fall.

In conclusion, the prices of dry peas in Turkey are driven by several factors, including supply and demand, production costs, the value of the Turkish lira, and the current state of the economy.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the dry peas market in Turkey. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 187 - Peas, dry

Country coverage:

  • Turkey

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Turkey
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND THE AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional EditionPRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and its Prospects

    1. MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    3. TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    4. PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    5. MARKET FORECAST TO 2035

  4. 4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION

    Finding New Products to Diversify Your Business

    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCTS
    4. MOST TRADED PRODUCTS
    5. MOST PROFITABLE PRODUCTS FOR EXPORTS

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Export

    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
    3. IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
    3. EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
    5. Imports, In Physical Terms, By Country, 2012-2024
    6. Imports, In Value Terms, By Country, 2012-2024
    7. Import Prices, By Country, 2012-2024
    8. Exports, In Physical Terms, By Country, 2012-2024
    9. Exports, In Value Terms, By Country, 2012-2024
    10. Exports Prices, By Country, 2012-2024

  12. LIST OF FIGURES

    1. Market Volume, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    2. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Structure – Domestic Supply Vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Market Structure – Domestic Supply Vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    5. Trade Balance, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    6. Trade Balance, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    7. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
    8. Market Volume Forecast to 2035
    9. Market Value Forecast to 2035
    10. Market Size and Growth, by Product
    11. Average Per Capita Consumption, by Product
    12. Exports and Growth, by Product
    13. Export Prices and Growth, by Product
    14. Production Volume and Growth
    15. Yield and Growth
    16. Exports and Growth
    17. Export Prices and Growth
    18. Market Size and Growth
    19. Per Capita Consumption
    20. Imports and Growth
    21. Import Prices
    22. Production, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    23. Production, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    24. Harvested Area: Historical Data (2012–2024) and Forecast (2025–2035)
    25. Yield: Historical Data (2012–2024) and Forecast (2025–2035)
    26. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    27. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    28. Imports, in Physical Terms, by Country, 2024
    29. Imports, in Physical Terms, by Country, 2012-2024
    30. Imports, in Value Terms, by Country, 2012-2024
    31. Import Prices, by Country, 2012-2024
    32. Exports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    33. Exports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    34. Exports, in Physical Terms, by Country, 2024
    35. Exports, in Physical Terms, by Country, 2012-2024
    36. Exports, in Value Terms, by Country, 2012-2024
    37. Export Prices, by Country, 2012-2024

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