Price for Offal, Edible; of Swine, Livers, Frozen in Turkey - 2024

Contents:

1. Price for Offal, Edible; of Swine, Livers, Frozen in Turkey (FOB) - 2022
2. Price for Offal, Edible; of Swine, Livers, Frozen in Turkey (CIF) - 2022
3. Exports of Offal, Edible; of Swine, Livers, Frozen in Turkey
4. Imports of Offal, Edible; of Swine, Livers, Frozen in Turkey

Price for Offal, Edible; of Swine, Livers, Frozen in Turkey (FOB) - 2022

The average export price for offal, edible; of swine, livers, frozen stood at $1,330 per ton in 2022, reducing by -4.2% against the previous year. In general, the export price showed a deep setback. The pace of growth appeared the most rapid in 2017 an increase of 38% against the previous year. Over the period under review, the average export prices attained the maximum at $2,686 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($1,604 per ton), while the average price for exports to Portugal ($1,056 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+1.6%), while the prices for the other major destinations experienced a decline.

Price for Offal, Edible; of Swine, Livers, Frozen in Turkey (CIF) - 2022

In 2022, the average import price for offal, edible; of swine, livers, frozen amounted to $1,228 per ton, with an increase of 11% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible contraction. The pace of growth appeared the most rapid in 2016 an increase of 21% against the previous year. The import price peaked at $1,652 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($2,374 per ton), while the price for Brazil ($695 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+15.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Offal, Edible; of Swine, Livers, Frozen in Turkey

In 2022, approx. 11 tons of offal, edible; of swine, livers, frozen were exported from Turkey; with an increase of 31% against the previous year's figure. Over the period under review, total exports indicated significant growth from 2020 to 2022: its volume increased at an average annual rate of +27.3% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.1% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of offal, edible; of swine, livers, frozen surged to $15K in 2022. Overall, total exports indicated significant growth from 2020 to 2022: its value increased at an average annual rate of +29.4% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the immediate term.

Top Export Markets for Offal, Edible; of Swine, Livers, Frozen from Turkey in 2022:

1. Malta (2191.0 kg)
2. Marshall Islands (2107.0 kg)
3. Liberia (1678.0 kg)
4. Panama (1248.0 kg)
5. Greece (890.0 kg)
6. Singapore (515.0 kg)
7. Portugal (324.0 kg)
8. Hong Kong SAR (296.0 kg)
9. Bahamas (277.0 kg)
10. Norway (245.0 kg)
11. Antigua and Barbuda (228.0 kg)

Imports of Offal, Edible; of Swine, Livers, Frozen in Turkey

In 2022, imports of offal, edible; of swine, livers, frozen into Turkey rose modestly to 12 tons, surging by 3.8% on 2021 figures. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +18.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 48% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of offal, edible; of swine, livers, frozen soared to $14K in 2022. In general, imports showed significant growth. The growth pace was the most rapid in 2021 when imports increased by 45%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Top Suppliers of Offal, Edible; of Swine, Livers, Frozen to Turkey in 2022:

1. Netherlands (7.0 tons)
2. Brazil (3.3 tons)
3. Belgium (0.9 tons)
4. Germany (0.5 tons)

Source: IndexBox Market Intelligence Platform