Turkey - Pork (Meat Of Swine) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPork Price in Turkey - 2023
Contents:
- Pork Price in Turkey (FOB) - 2023
- Pork Price in Turkey (CIF) - 2023
- Pork Exports in Turkey
- Pork Imports in Turkey
Pork Price in Turkey (FOB) - 2023
In September 2023, the average pork export price amounted to $3,826 per ton, standing approximately at the previous month. Over the last twelve months, it increased at an average monthly rate of +1.5%. The most prominent rate of growth was recorded in December 2022 an increase of 4.9% against the previous month. Over the period under review, the average export prices attained the maximum in September 2023.
Average prices varied somewhat for the major overseas markets. In September 2023, the countries with the highest prices were Russia ($4,793 per ton) and Panama ($3,895 per ton), while the average price for exports to Greece ($3,373 per ton) and Hong Kong SAR ($3,484 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Palau (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.
Pork Price in Turkey (CIF) - 2023
In September 2023, the average pork import price amounted to $4,320 per ton, surging by 24% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.7%. The pace of growth was the most pronounced in November 2022 when the average import price increased by 26% against the previous month. Over the period under review, average import prices hit record highs in September 2023.
Prices varied noticeably by the country of origin: the country with the highest price was India ($5,717 per ton), while the price for Sweden ($1,542 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by India (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Pork Exports in Turkey
For the fourth consecutive year, Turkey recorded growth in overseas shipments of pork, which increased by 14% to 1K tons in 2022. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +26.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +100.2% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 54%. The exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, pork exports rose rapidly to $3.3M in 2022. Overall, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +22.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +83.9% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 58%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the near future.
| Export of Pork in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Liberia | 321 | 524 | 603 | 721 | 31.0% |
| Malta | 305 | 402 | 454 | 512 | 18.8% |
| Marshall Islands | 222 | 369 | 457 | 502 | 31.3% |
| Panama | 216 | 352 | 349 | 368 | 19.4% |
| Russia | 29.0 | 79.6 | 103 | 137 | 67.8% |
| Greece | 97.7 | 109 | 96.5 | 116 | 5.9% |
| Portugal | 49.1 | 94.2 | 86.9 | 108 | 30.1% |
| Bahamas | 61.1 | 95.5 | 80.2 | 98.9 | 17.4% |
| Singapore | 66.0 | 114 | 95.4 | 91.3 | 11.4% |
| Antigua and Barbuda | 30.8 | 68.2 | 64.7 | 78.0 | 36.3% |
| Hong Kong SAR | 59.2 | 127 | 107 | 74.4 | 7.9% |
| Others | 316 | 463 | 460 | 454 | 12.8% |
| Total | 1,773 | 2,798 | 2,956 | 3,260 | 22.5% |
Top Export Markets for Pork from Turkey in 2022:
- Liberia (227.3 tons)
- Malta (169.1 tons)
- Marshall Islands (163.5 tons)
- Panama (109.4 tons)
- Greece (40.2 tons)
- Russia (39.0 tons)
- Portugal (33.0 tons)
- Bahamas (32.2 tons)
- Singapore (29.5 tons)
- Hong Kong SAR (22.8 tons)
- Antigua and Barbuda (22.3 tons)
Pork Imports in Turkey
For the fourth year in a row, Turkey recorded growth in overseas purchases of pork, which increased by 20% to 1.1K tons in 2022. The total import volume increased at an average annual rate of +10.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, pork imports soared to $3.3M in 2022. The total import value increased at an average annual rate of +10.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Pork in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 883 | 914 | 1,385 | 1,252 | 12.3% |
| Brazil | 402 | 582 | 354 | 864 | 29.1% |
| Italy | 235 | 266 | 382 | 524 | 30.6% |
| Poland | 203 | 181 | 229 | 265 | 9.3% |
| Spain | 139 | 173 | 181 | 115 | -6.1% |
| Greece | 22.7 | 37.6 | 87.1 | 74.9 | 48.9% |
| Germany | 114 | 81.4 | 52.0 | 67.9 | -15.9% |
| United States | 121 | 95.2 | 8.3 | 2.1 | -74.1% |
| Others | 325 | 337 | 180 | 162 | -20.7% |
| Total | 2,445 | 2,668 | 2,859 | 3,328 | 10.8% |
Top Suppliers of Pork to Turkey in 2022:
- Netherlands (387.6 tons)
- Brazil (319.0 tons)
- Italy (174.9 tons)
- Poland (91.2 tons)
- Spain (31.9 tons)
- Greece (22.2 tons)
- Germany (19.2 tons)
- United States (0.5 tons)
This report provides an in-depth analysis of the pork 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:
- FCL 1035 - Pig meat
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.
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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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