Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Turkey - 2023
Contents:
- Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Turkey (FOB) - 2022
- Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Turkey (CIF) - 2022
- Exports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Turkey
- Imports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Turkey
Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Turkey (FOB) - 2022
The average export price for frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat stood at $6,850 per ton in 2022, picking up by 4.8% against the previous year. Overall, the export price, however, continues to indicate a noticeable decline. The pace of growth appeared the most rapid in 2015 an increase of 24% against the previous year. The export price peaked at $8,944 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cyprus ($17,362 per ton), while the average price for exports to Cote d'Ivoire ($2,500 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (+36.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Turkey (CIF) - 2022
The average import price for frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat stood at $5,615 per ton in 2022, with an increase of 23% against the previous year. Over the last decade, it increased at an average annual rate of +1.0%. The most prominent rate of growth was recorded in 2016 when the average import price increased by 38% against the previous year. As a result, import price attained the peak level of $6,416 per ton. From 2017 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($10,161 per ton), while the price for Greece ($3,690 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+6.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Turkey
Exports of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat from Turkey expanded markedly to 64 tons in 2022, surging by 13% against 2021 figures. In general, exports, however, saw a pronounced decline. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year.
In value terms, exports of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat surged to $435K in 2022. Overall, exports, however, saw a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 59%.
| Export of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cyprus | 69.2 | 9.3 | 46.4 | 165 | 33.6% |
| Liberia | 30.3 | 31.7 | 40.4 | 41.8 | 11.3% |
| Marshall Islands | 34.3 | 33.0 | 56.9 | 32.7 | -1.6% |
| Malta | 29.8 | 32.2 | 45.3 | 28.5 | -1.5% |
| Oman | 25.4 | 6.6 | N/A | 25.6 | 0.3% |
| Iraq | 93.2 | 4.8 | 25.8 | 25.0 | -35.5% |
| Jordan | N/A | N/A | N/A | 24.5 | 0% |
| Cote d'Ivoire | N/A | N/A | N/A | 20.8 | 0% |
| Panama | 22.0 | 14.1 | 31.3 | 18.8 | -5.1% |
| Greece | 17.4 | 17.9 | 9.0 | 10.4 | -15.8% |
| Bahamas | 6.4 | 7.2 | 10.6 | 8.6 | 10.4% |
| Singapore | 15.4 | 19.5 | 14.7 | 4.7 | -32.7% |
| Qatar | 106 | 0.1 | N/A | N/A | -99.9% |
| Others | 60.2 | 55.4 | 88.5 | 29.2 | -21.4% |
| Total | 509 | 232 | 369 | 435 | -5.1% |
Top Export Markets for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat from Turkey in 2022:
- Cyprus (9.5 tons)
- Liberia (9.2 tons)
- Cote d'Ivoire (8.3 tons)
- Marshall Islands (7.4 tons)
- Malta (6.4 tons)
- Jordan (4.5 tons)
- Panama (3.7 tons)
- Iraq (2.8 tons)
- Bahamas (1.8 tons)
- Greece (1.7 tons)
- Oman (1.4 tons)
- Singapore (0.9 tons)
Imports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Turkey
In 2022, imports of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat into Turkey reduced sharply to 38 tons, which is down by -17.3% on the previous year. Overall, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 36%.
In value terms, imports of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat stood at $213K in 2022. In general, imports saw a abrupt downturn. The growth pace was the most rapid in 2021 when imports increased by 38%.
| Import of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 84.2 | 55.4 | 27.8 | 74.6 | -4.0% |
| Brazil | 47.6 | 20.5 | 16.5 | 58.0 | 6.8% |
| Cyprus | N/A | N/A | N/A | 47.4 | 0% |
| Spain | N/A | 1.4 | 8.3 | 19.9 | 277.0% |
| Greece | N/A | 3.8 | 1.3 | 9.3 | 56.4% |
| Germany | 12.4 | 6.1 | 3.5 | 1.0 | -56.8% |
| Iraq | 66.8 | N/A | N/A | N/A | 0% |
| United Arab Emirates | 2.4 | N/A | 118 | N/A | 601.2% |
| Netherlands | 27.0 | 41.9 | 6.7 | N/A | -50.2% |
| Others | 47.8 | 22.3 | 26.5 | 2.6 | -62.1% |
| Total | 288 | 151 | 208 | 213 | -9.6% |
Top Suppliers of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat to Turkey in 2022:
- Poland (18.9 tons)
- Brazil (8.9 tons)
- Cyprus (4.7 tons)
- Greece (2.5 tons)
- Spain (2.0 tons)
- Germany (0.5 tons)
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