Insects; Live, Bees Price in Turkey - 2023

Contents:

1. Insects; Live, Bees Price in Turkey (FOB) - 2022
2. Insects; Live, Bees Price in Turkey (CIF) - 2022
3. Insects; Live, Bees Exports in Turkey
4. Insects; Live, Bees Imports in Turkey

Insects; Live, Bees Price in Turkey (FOB) - 2022

The average insects; live, bees export price stood at $0.3 per unit in 2022, picking up by 16% against the previous year. Overall, the export price, however, continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2013 an increase of 49%. As a result, the export price attained the peak level of $0.6 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Israel ($0.6 per unit), while the average price for exports to Georgia ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+7.0%), while the prices for the other major destinations experienced mixed trend patterns.

Insects; Live, Bees Price in Turkey (CIF) - 2022

The average insects; live, bees import price stood at $562 per unit in 2022, almost unchanged from the previous year. Overall, the import price showed significant growth. The most prominent rate of growth was recorded in 2017 when the average import price increased by 44%. The import price peaked in 2022 and is expected to retain growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for Spain.

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +10.7% per year.

Insects; Live, Bees Exports in Turkey

In 2022, after three years of growth, there was significant decline in shipments abroad of insects; live, beeses, when their volume decreased by -24% to 6.4M units. In general, total exports indicated moderate growth from 2019 to 2022: its volume increased at an average annual rate of +4.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 30%. The exports peaked at 8.4M units in 2021, and then contracted rapidly in the following year.

In value terms, insects; live, bees exports contracted to $1.6M in 2022. The total export value increased at an average annual rate of +5.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 27%. The exports peaked at $1.8M in 2021, and then dropped in the following year.

Top Export Markets for Insects; Live, Bees from Turkey in 2022:

1. Turkmenistan (2053.9K units)
2. Kazakhstan (815.8K units)
3. Iran (631.8K units)
4. Russia (552.3K units)
5. Azerbaijan (533.8K units)
6. Uzbekistan (498.8K units)
7. Georgia (322.1K units)
8. Jordan (263.4K units)
9. Israel (22.2K units)

Insects; Live, Bees Imports in Turkey

Insects; live, bees imports into Turkey amounted to 11 units in 2022, remaining constant against the year before. In general, imports saw a precipitous shrinkage. The smallest decline of 99.9% was in 2021. Over the period under review, imports attained the maximum at 193K units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, insects; live, bees imports totaled $6.2K in 2022. Over the period under review, imports recorded a precipitous slump. The smallest decline of 99.9% was in 2021. Over the period under review, imports attained the peak figure at $37K in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Top Suppliers of Insects; Live, Bees to Turkey in 2022:

1. Spain (11.0 units)

Source: IndexBox Market Intelligence Platform