Price for Frozen Lamb Carcasses and Half-Carcasses in Turkey - 2023

Contents:

  1. Price for Frozen Lamb Carcasses and Half-Carcasses in Turkey (FOB) - 2022
  2. Price for Frozen Lamb Carcasses and Half-Carcasses in Turkey (CIF) - 2022
  3. Exports of Frozen Lamb Carcasses and Half-Carcasses in Turkey
  4. Imports of Frozen Lamb Carcasses and Half-Carcasses in Turkey

Price for Frozen Lamb Carcasses and Half-Carcasses in Turkey (FOB) - 2022

In 2022, the average export price for frozen lamb carcasses and half-carcasseses amounted to $5,240 per ton, with a decrease of -20.5% against the previous year. Overall, the export price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2018 when the average export price increased by 24% against the previous year. The export price peaked at $20,000 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 overseas markets. In 2022, amid the top suppliers, the country with the highest price was Liberia ($7,271 per ton), while the average price for exports to Oman ($4,687 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 Malta (-1.2%), while the prices for the other major destinations experienced a decline.

Price for Frozen Lamb Carcasses and Half-Carcasses in Turkey (CIF) - 2022

The average import price for frozen lamb carcasses and half-carcasseses stood at $7,928 per ton in 2022, with an increase of 21% against the previous year. Over the period under review, the import price, however, showed a deep reduction. The most prominent rate of growth was recorded in 2017 an increase of 22% against the previous year. The import price peaked at $12,204 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($10,137 per ton), while the price for Spain totaled $6,957 per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+17.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Frozen Lamb Carcasses and Half-Carcasses in Turkey

In 2022, the amount of frozen lamb carcasses and half-carcasseses exported from Turkey surged to 199 tons, rising by 250% on the previous year. Overall, exports saw significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 472%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, frozen lamb carcasses and half-carcasses exports skyrocketed to $1M in 2022. In general, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 338% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Frozen Lamb Carcasses and Half-Carcasses in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
EgyptN/AN/AN/A3930%
Qatar14.7N/A204231150.5%
PalestineN/AN/AN/A1390%
OmanN/AN/AN/A99.80%
KuwaitN/AN/AN/A76.70%
Liberia4.27.015.558.1140.1%
GhanaN/AN/AN/A14.70%
Others74.878.915633.3-23.6%
Total93.685.93761,045123.5%

Top Export Markets for Frozen Lamb Carcasses and Half-Carcasses from Turkey in 2022:

  1. Egypt (75.8 tons)
  2. Qatar (44.5 tons)
  3. Palestine (27.7 tons)
  4. Oman (21.3 tons)
  5. Kuwait (14.4 tons)
  6. Liberia (8.0 tons)
  7. Ghana (3.0 tons)

Imports of Frozen Lamb Carcasses and Half-Carcasses in Turkey

In 2022, the amount of frozen lamb carcasses and half-carcasseses imported into Turkey reduced rapidly to 2.9 tons, shrinking by -57.9% against the previous year's figure. Over the period under review, imports faced a sharp downturn. The growth pace was the most rapid in 2021 when imports increased by 5.5% against the previous year.

In value terms, frozen lamb carcasses and half-carcasses imports shrank remarkably to $23K in 2022. Overall, imports faced a sharp contraction. The growth pace was the most rapid in 2021 with an increase of 0.7%.

Import of Frozen Lamb Carcasses and Half-Carcasses in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain32.017.831.213.8-24.4%
New Zealand11.98.32.28.8-9.6%
Argentina18.214.810.9N/A-22.6%
PolandN/A3.2N/AN/A0%
Others0.4N/AN/AN/A0%
Total62.544.144.422.6-28.8%

Top Suppliers of Frozen Lamb Carcasses and Half-Carcasses to Turkey in 2022:

  1. Spain (2.0 tons)
  2. New Zealand (0.9 tons)

Source: IndexBox Market Intelligence Platform

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