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Turkey - Frozen Whole Chickens - Market Analysis, Forecast, Size, Trends And Insights
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Article Publishing Date: Apr 6, 2023
Turkey's Price of Whole Frozen Chicken Up 2% to $1,421/Ton
Turkey Frozen Whole Chicken Export Price in December 2022
In December 2022, the frozen whole chicken price amounted to $1,421 per ton (FOB, Turkey), picking up by 1.7% against the previous month. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2022 when the average export price increased by 11% month-to-month. Over the period under review, the average export prices attained the peak figure at $1,881 per ton in May 2022; however, from June 2022 to December 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In December 2022, the highest price was recorded for prices to Mauritania ($1,593 per ton) and Georgia ($1,474 per ton), while the average price for exports to Democratic Republic of the Congo ($1,301 per ton) and Iran ($1,333 per ton) were amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Congo (+0.9%), while the prices for the other major destinations experienced mixed trend patterns.
Turkey Frozen Whole Chicken Exports
In December 2022, after three months of growth, there was decline in overseas shipments of frozen whole chickens, when their volume decreased by -2% to 32K tons. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 with an increase of 25% against the previous month. The exports peaked at 35K tons in December 2021; however, from January 2022 to December 2022, the exports remained at a lower figure.
In value terms, frozen whole chicken exports dropped to $46M (IndexBox estimates) in December 2022. Over the period under review, exports continue to indicate a slight curtailment. The pace of growth was the most pronounced in March 2022 when exports increased by 25% month-to-month. Over the period under review, the exports attained the peak figure at 57K tons in April 2022; however, from May 2022 to December 2022, the exports stood at a somewhat lower figure.
Turkey Frozen Whole Chicken Exports by Country
Iraq (24K tons) was the main destination for frozen whole chicken exports from Turkey, with a 74% share of total exports. Moreover, frozen whole chicken exports to Iraq exceeded the volume sent to the second major destination, Congo (2K tons), more than tenfold. Iran (1.4K tons) ranked third in terms of total exports with a 4.3% share.
From December 2021 to December 2022, the average monthly rate of growth in terms of volume to Iraq stood at +3.3%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Congo (-1.9% per month) and Iran (-14.9% per month).
In value terms, Iraq ($34M) remains the key foreign market for frozen whole chicken exports from Turkey, comprising 74% of total exports. The second position in the ranking was taken by Congo ($2.7M), with a 5.9% share of total exports. It was followed by Iran, with a 4% share.
From December 2021 to December 2022, the average monthly rate of growth in terms of value to Iraq amounted to +2.3%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Congo (-1.0% per month) and Iran (-16.6% per month).
This report provides an in-depth analysis of the frozen whole chicken market in Turkey. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
• Prodcom 10122013 - Frozen whole chickens
Country coverage:
• Turkey
Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Turkey
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles
Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
2.1
KEY FINDINGS
2.2
MARKET TRENDS
This Chapter is Available Only for the Professional Edition
PRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
7.1
PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2012-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
Figure 5:
Trade Balance, In Physical Terms, 2012-2022
Figure 6:
Trade Balance, In Value Terms, 2012-2022
Figure 7:
Per Capita Consumption, 2012-2022
Figure 8:
Market Volume Forecast to 2030
Figure 9:
Market Value Forecast to 2030
Figure 10:
Products: Market Size And Growth, By Type
Figure 11:
Products: Average Per Capita Consumption, By Type
Figure 12:
Products: Exports And Growth, By Type
Figure 13:
Products: Export Prices And Growth, By Type
Figure 14:
Production Volume And Growth
Figure 15:
Yield And Growth
Figure 16:
Exports And Growth
Figure 17:
Export Prices And Growth
Figure 18:
Market Size And Growth
Figure 19:
Per Capita Consumption
Figure 20:
Imports And Growth
Figure 21:
Import Prices
Figure 22:
Production, In Physical Terms, 2012–2022
Figure 23:
Production, In Value Terms, 2012–2022
Figure 24:
Producing Animals Slaughtered, 2012–2022
Figure 25:
Yield, 2012–2022
Figure 26:
Imports, In Physical Terms, 2012–2022
Figure 27:
Imports, In Value Terms, 2012–2022
Figure 28:
Imports, In Physical Terms, By Country, 2022
Figure 29:
Imports, In Physical Terms, By Country, 2012–2022
Figure 30:
Imports, In Value Terms, By Country, 2012–2022
Figure 31:
Import Prices, By Country Of Origin, 2012–2022
Figure 32:
Exports, In Physical Terms, 2012–2022
Figure 33:
Exports, In Value Terms, 2012–2022
Figure 34:
Exports, In Physical Terms, By Country, 2022
Figure 35:
Exports, In Physical Terms, By Country, 2012–2022
Figure 36:
Exports, In Value Terms, By Country, 2012–2022
Figure 37:
Export Prices, By Country Of Destination, 2012–2022
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