Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Turkey - 2024

Contents:

1. Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Turkey (FOB) - 2022
2. Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Turkey (CIF) - 2022
3. Exports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Turkey
4. Imports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Turkey

Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Turkey (FOB) - 2022

In 2022, the average export price for offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen amounted to $938 per ton, increasing by 27% against the previous year. Overall, the export price, however, continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2016 when the average export price increased by 141%. As a result, the export price attained the peak level of $4,903 per ton. From 2017 to 2022, the average 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 Qatar ($1,164 per ton), while the average price for exports to Syrian Arab Republic ($532 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 Vietnam (-0.9%), while the prices for the other major destinations experienced a decline.

Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Turkey (CIF) - 2022

The average import price for offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen stood at $2,746 per ton in 2022, picking up by 24% against the previous year. Overall, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen increased by +47.8% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 66% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Iceland ($2,761 per ton), while the price for New Zealand amounted to $2,663 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+16.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Turkey

In 2022, the amount of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen exported from Turkey skyrocketed to 283 tons, with an increase of 21% on the previous year. In general, exports posted significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 133% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, exports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen soared to $265K in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +9.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -2.4% against 2020 indices.

Top Export Markets for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen from Turkey in 2022:

1. United Arab Emirates (229.5 tons)
2. Syrian Arab Republic (39.4 tons)
3. Qatar (11.1 tons)
4. Hong Kong SAR (0.6 tons)

Imports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Turkey

In 2022, the amount of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen imported into Turkey surged to 113 tons, jumping by 1,518% against the previous year. Overall, imports, however, recorded a relatively flat trend pattern.

In value terms, imports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen soared to $309K in 2022. Over the period under review, imports recorded pronounced growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen to Turkey in 2022:

1. Iceland (86.0 tons)
2. New Zealand (25.6 tons)

Source: IndexBox Market Intelligence Platform