Price for Animal Products; Bovine Semen in Turkey - 2023
Contents:
- Price for Animal Products; Bovine Semen in Turkey (CIF) - 2023
- Price for Animal Products; Bovine Semen in Turkey (FOB) - 2022
- Imports of Animal Products; Bovine Semen in Turkey
- Exports of Animal Products; Bovine Semen in Turkey
Price for Animal Products; Bovine Semen in Turkey (CIF) - 2023
The average animal products; bovine semen import price stood at $1.9 per unit in September 2023, falling by -43.5% against the previous month. Overall, the import price continues to indicate a slight decrease. The most prominent rate of growth was recorded in December 2022 an increase of 244% against the previous month. As a result, import price attained the peak level of $5.7 per unit. From January 2023 to September 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was the United States ($13.3 per unit), while the price for Spain ($835 per thousand units) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Canada (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Animal Products; Bovine Semen in Turkey (FOB) - 2022
In 2022, the average animal products; bovine semen export price amounted to $438 per unit, growing by 17% against the previous year. Overall, the export price, however, continues to indicate a abrupt setback. The growth pace was the most rapid in 2014 an increase of 191% against the previous year. As a result, the export price reached the peak level of $1,572 per unit. From 2015 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Azerbaijan ($885 per unit), while the average price for exports to Cyprus ($186 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 Syrian Arab Republic (+19.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Animal Products; Bovine Semen in Turkey
In 2022, the amount of animal products; bovine semens imported into Turkey dropped dramatically to 7.9K units, waning by -37.4% on 2021 figures. In general, imports recorded a noticeable decline. The growth pace was the most rapid in 2021 when imports increased by 62% against the previous year. As a result, imports reached the peak of 13K units, and then fell dramatically in the following year.
In value terms, animal products; bovine semen imports contracted sharply to $7.9M in 2022. Overall, imports, however, showed a prominent expansion. The pace of growth appeared the most rapid in 2021 with an increase of 79% against the previous year. As a result, imports attained the peak of $12M, and then shrank significantly in the following year.
| Import of Animal Products; Bovine Semen in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,365 | 1,767 | 4,110 | 3,323 | 34.5% |
| Germany | 1,468 | 1,194 | 2,665 | 1,205 | -6.4% |
| Canada | 338 | 526 | 886 | 1,153 | 50.5% |
| Austria | 414 | 606 | 800 | 479 | 5.0% |
| Italy | 271 | 365 | 629 | 409 | 14.7% |
| Czech Republic | 615 | 552 | 602 | 374 | -15.3% |
| France | 706 | 242 | 720 | 318 | -23.3% |
| United Kingdom | 133 | 181 | 254 | 41.0 | -32.4% |
| Others | 687 | 1,048 | 950 | 574 | -5.8% |
| Total | 5,996 | 6,482 | 11,615 | 7,876 | 9.5% |
Top Suppliers of Animal Products; Bovine Semen to Turkey in 2022:
- United States (2364.0 units)
- Canada (1942.0 units)
- Germany (779.0 units)
- Austria (739.0 units)
- France (483.0 units)
- Italy (481.0 units)
- Czech Republic (290.0 units)
- United Kingdom (69.0 units)
Exports of Animal Products; Bovine Semen in Turkey
In 2022, the amount of animal products; bovine semens exported from Turkey skyrocketed to 154 units, rising by 117% on the year before. In general, exports posted measured growth. The exports peaked at 187 units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
In value terms, animal products; bovine semen exports skyrocketed to $67K in 2022. Overall, exports enjoyed temperate growth. Over the period under review, the exports attained the peak figure at $85K in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
| Export of Animal Products; Bovine Semen in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Azerbaijan | 15.2 | 44.2 | 3.1 | 38.0 | 35.7% |
| Turkmenistan | N/A | 18.3 | 1.8 | 22.1 | 9.9% |
| Cyprus | 38.4 | N/A | 2.6 | 7.3 | -42.5% |
| Syrian Arab Republic | 7.3 | 3.7 | 0.2 | N/A | -83.4% |
| Oman | N/A | 19.2 | 19.0 | N/A | -1.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 61.0 | 85.4 | 26.7 | 67.4 | 3.4% |
Top Export Markets for Animal Products; Bovine Semen from Turkey in 2022:
- Turkmenistan (72.0 units)
- Azerbaijan (43.0 units)
- Cyprus (39.0 units)
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