Turkey - Frozen Cuts Of Chicken - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Chicken Cut Price in Turkey - 2023
Contents:
- Frozen Chicken Cut Price in Turkey (FOB) - 2023
- Frozen Chicken Cut Price in Turkey (CIF) - 2023
- Frozen Chicken Cut Exports in Turkey
- Frozen Chicken Cut Imports in Turkey
Frozen Chicken Cut Price in Turkey (FOB) - 2023
In July 2023, the average frozen chicken cut export price amounted to $1,566 per ton, reducing by -7.1% against the previous month. In general, the export price continues to indicate a mild decrease. The most prominent rate of growth was recorded in June 2023 an increase of 9.4% month-to-month. Over the period under review, the average export prices reached the peak figure at $1,764 per ton in July 2022; however, from August 2022 to July 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was Iraq ($1,951 per ton), while the average price for exports to Angola ($416 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+1.6%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Chicken Cut Price in Turkey (CIF) - 2023
The average frozen chicken cut import price stood at $1,944 per ton in July 2023, with an increase of 1.6% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 an increase of 26% against the previous month. Over the period under review, average import prices attained the maximum at $2,133 per ton in October 2022; however, from November 2022 to July 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Brazil ($2,295 per ton), while the price for the United States ($1,156 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Ukraine (+1.1%), while the prices for the other major suppliers experienced a decline.
Frozen Chicken Cut Exports in Turkey
Frozen chicken cut exports from Turkey surged to 308K tons in 2022, growing by 23% against the year before. The total export volume increased at an average annual rate of +11.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, frozen chicken cut exports skyrocketed to $498M in 2022. In general, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Frozen Chicken Cut in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iraq | 137 | 117 | 159 | 263 | 24.3% |
| China | N/A | 2.5 | 44.7 | 88.4 | 494.6% |
| Libya | 14.9 | 11.1 | 18.1 | 16.6 | 3.7% |
| Belarus | N/A | N/A | 2.3 | 16.3 | 608.7% |
| Georgia | 4.9 | 6.8 | 10.8 | 10.3 | 28.1% |
| Kuwait | 1.6 | 1.9 | 2.9 | 10.2 | 85.4% |
| Turkmenistan | 2.5 | 5.4 | 4.9 | 9.1 | 53.8% |
| Uzbekistan | 3.0 | 2.5 | 10.4 | 7.4 | 35.1% |
| United Arab Emirates | 9.6 | 5.6 | 6.2 | 7.1 | -9.6% |
| Ghana | 1.4 | 2.7 | 5.5 | 5.1 | 53.9% |
| Philippines | 1.5 | 6.3 | 4.6 | 5.1 | 50.4% |
| Syrian Arab Republic | N/A | N/A | N/A | 4.3 | 0% |
| Hong Kong SAR | 27.9 | 41.4 | 4.8 | 0.8 | -69.4% |
| Others | 52.5 | 41.0 | 51.3 | 53.7 | 0.8% |
| Total | 257 | 244 | 325 | 498 | 24.7% |
Top Export Markets for Frozen Chicken Cut from Turkey in 2022:
- Iraq (144.1K tons)
- China (46.0K tons)
- Turkmenistan (11.6K tons)
- Belarus (11.4K tons)
- Libya (9.6K tons)
- Georgia (7.6K tons)
- Uzbekistan (7.6K tons)
- Ghana (6.8K tons)
- Philippines (6.4K tons)
- Kuwait (5.9K tons)
- United Arab Emirates (5.8K tons)
- Syrian Arab Republic (5.4K tons)
- Hong Kong SAR (1.1K tons)
Frozen Chicken Cut Imports in Turkey
In 2022, approx. 48K tons of frozen cuts of chicken were imported into Turkey; jumping by 85% on 2021. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +6.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, frozen chicken cut imports soared to $77M in 2022. Overall, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Frozen Chicken Cut in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 8.8 | 10.6 | 11.9 | 41.5 | 67.7% |
| United States | 22.3 | 17.7 | 9.1 | 18.3 | -6.4% |
| Ukraine | 2.8 | 2.4 | 9.5 | 16.4 | 80.3% |
| Others | 1.5 | 2.8 | 2.0 | 0.7 | -22.4% |
| Total | 35.4 | 33.5 | 32.5 | 76.9 | 29.5% |
Top Suppliers of Frozen Chicken Cut to Turkey in 2022:
- Brazil (19.7K tons)
- United States (17.8K tons)
- Ukraine (9.8K tons)
This report provides an in-depth analysis of the frozen chicken cut 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 10122053 - Frozen cuts of chicken
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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