Maize Market in Turkey
In value terms, maize production fell slightly to $ in estimated in export prices. The total output value increased at an average annual rate of +% over the period from 2007 to ; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of % against the previous year. Over the period under review, production reached the peak level at $ in 2017; however, from 2018 to , production failed to regain the momentum.
The average yield of maize (green) in Turkey stood at kg per ha in , remaining relatively unchanged against the previous year. Overall, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In , approx. ha of maize (green) were harvested in Turkey; almost unchanged from the previous year's figure. Overall, the harvested area showed a relatively flat trend pattern.
The size of the maize market in Turkey shrank rapidly to $ in , reducing by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a pronounced shrinkage. The pace of growth appeared the most rapid in 2019 when the market value increased by % against the previous year. Maize consumption peaked at $ in 2013; however, from 2014 to , consumption stood at a somewhat lower figure.