Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Turkey - 2024
Contents:
- Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Turkey (CIF) - 2022
- Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Turkey (FOB) - 2022
- Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Turkey
- Exports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Turkey
Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Turkey (CIF) - 2022
The average import price for edible products of animal origin; not elsewhere specified or includeds stood at $26,714 per ton in 2022, surging by 3.6% against the previous year. Over the period under review, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for edible products of animal origin; not elsewhere specified or includeds decreased by -16.5% against 2019 indices. The pace of growth was the most pronounced in 2013 when the average import price increased by 56% against the previous year. Over the period under review, average import prices attained the peak figure at $31,996 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($63,250 per ton), while the price for China ($25,317 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+13.3%).
Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Turkey (FOB) - 2022
The average export price for edible products of animal origin; not elsewhere specified or includeds stood at $17,744 per ton in 2022, rising by 52% against the previous year. Overall, the export price, however, saw a deep contraction. The pace of growth was the most pronounced in 2015 when the average export price increased by 111%. The export price peaked at $43,975 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was North Macedonia ($44,434 per ton), while the average price for exports to Tunisia ($3,500 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+127.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Turkey
In 2022, purchases abroad of edible products of animal origin; not elsewhere specified or includeds decreased by -2.9% to 23 tons, falling for the second consecutive year after two years of growth. Over the period under review, total imports indicated a moderate increase from 2019 to 2022: its volume increased at an average annual rate of +2.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -37.2% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 72%. As a result, imports reached the peak of 37 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of edible products of animal origin; not elsewhere specified or includeds totaled $622K in 2022. Overall, imports recorded a noticeable curtailment. The growth pace was the most rapid in 2020 when imports increased by 59% against the previous year. As a result, imports reached the peak of $1.1M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 692 | 881 | 554 | 572 | -6.2% |
| North Macedonia | N/A | N/A | N/A | 22.5 | 0% |
| Others | N/A | 218 | 65.0 | 27.8 | -64.3% |
| Total | 692 | 1,099 | 619 | 622 | -3.5% |
Top Suppliers of Edible Products of Animal Origin; Not Elsewhere Specified or Included to Turkey in 2022:
- China (22.6 tons)
- North Macedonia (0.5 tons)
Exports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Turkey
Exports of edible products of animal origin; not elsewhere specified or includeds from Turkey skyrocketed to 22 tons in 2022, with an increase of 20% compared with 2021 figures. Over the period under review, exports recorded a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 579%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of edible products of animal origin; not elsewhere specified or includeds surged to $390K in 2022. Overall, exports, however, saw a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 82% against the previous year.
| Export of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | N/A | N/A | N/A | 169 | 0% |
| Bulgaria | N/A | N/A | 11.3 | 60.7 | 437.2% |
| North Macedonia | N/A | N/A | N/A | 42.2 | 0% |
| Romania | N/A | N/A | N/A | 38.5 | 0% |
| Iran | N/A | N/A | 3.1 | 25.0 | 706.5% |
| United States | 184 | 55.3 | 69.3 | 21.7 | -51.0% |
| Kuwait | N/A | N/A | 13.5 | 9.0 | -33.3% |
| Tunisia | N/A | N/A | N/A | 3.5 | 0% |
| Germany | 190 | 40.2 | 17.1 | 1.8 | -78.8% |
| Morocco | N/A | N/A | 35.0 | N/A | 0% |
| Qatar | 3.3 | 8.8 | 24.2 | N/A | 170.8% |
| Malaysia | N/A | N/A | 26.5 | N/A | 0% |
| Others | 91.6 | 13.2 | 14.4 | 18.5 | -41.3% |
| Total | 469 | 118 | 214 | 390 | -6.0% |
Top Export Markets for Edible Products of Animal Origin; Not Elsewhere Specified or Included from Turkey in 2022:
- Poland (8.3 tons)
- Bulgaria (5.8 tons)
- Romania (2.0 tons)
- Iran (1.3 tons)
- Kuwait (1.1 tons)
- Tunisia (1.0 tons)
- North Macedonia (0.9 tons)
- United States (0.7 tons)
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