Price for Fats and Oils and Their Fractions; of Marine Mammals in Turkey - 2023
Contents:
- Price for Fats and Oils and Their Fractions; of Marine Mammals in Turkey (FOB) - 2022
- Price for Fats and Oils and Their Fractions; of Marine Mammals in Turkey (CIF) - 2022
- Exports of Fats and Oils and Their Fractions; of Marine Mammals in Turkey
- Imports of Fats and Oils and Their Fractions; of Marine Mammals in Turkey
Price for Fats and Oils and Their Fractions; of Marine Mammals in Turkey (FOB) - 2022
In 2022, the average export price for fats and oils and their fractions; of marine mammalses amounted to $8,852 per ton, shrinking by -21.3% against the previous year. In general, the export price saw a noticeable shrinkage. The growth pace was the most rapid in 2020 an increase of 269%. As a result, the export price attained the peak level of $20,575 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Moldova ($8,690 per ton), while the average price for exports to Azerbaijan stood at $8,000 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (+31.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fats and Oils and Their Fractions; of Marine Mammals in Turkey (CIF) - 2022
In 2022, the average import price for fats and oils and their fractions; of marine mammalses amounted to $2,500 per ton, picking up by 54% against the previous year. Over the period under review, the import price, however, faced a sharp shrinkage. Over the period under review, average import prices attained the peak figure at $46,360 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for France.
From 2014 to 2022, the rate of growth in terms of prices for France amounted to -10.4% per year.
Exports of Fats and Oils and Their Fractions; of Marine Mammals in Turkey
In 2022, approx. 352 kg of fats and oils and their fractions; of marine mammalses were exported from Turkey; with an increase of 31% compared with the previous year's figure. In general, exports, however, recorded a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 124%.
In value terms, exports of fats and oils and their fractions; of marine mammalses stood at $3.1K in 2022. Over the period under review, exports, however, faced a precipitous decrease. The pace of growth appeared the most rapid in 2021 with an increase of 23% against the previous year.
| Export of Fats and Oils and Their Fractions; of Marine Mammals in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Moldova | 0.9 | 1.6 | 1.9 | 3.0 | 49.4% |
| Yemen | 167 | N/A | N/A | N/A | 0% |
| Others | 11.8 | 0.8 | 1.1 | 0.1 | -79.6% |
| Total | 179 | 2.5 | 3.0 | 3.1 | -74.1% |
Top Export Markets for Fats and Oils and Their Fractions; of Marine Mammals from Turkey in 2022:
- Moldova (345.0 kg)
Imports of Fats and Oils and Their Fractions; of Marine Mammals in Turkey
In 2022, approx. 2 kg of fats and oils and their fractions; of marine mammalses were imported into Turkey; shrinking by -75% against the previous year's figure. In general, imports recorded a precipitous decrease.
In value terms, imports of fats and oils and their fractions; of marine mammalses dropped dramatically to $5 in 2022. Overall, imports showed a precipitous slump.
| Import of Fats and Oils and Their Fractions; of Marine Mammals in Turkey (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| France | 10.0 | 5.0 | -50.0% | ||
| Hong Kong SAR | 1.0 | N/A | 0% | ||
| Netherlands | 1.0 | N/A | 0% | ||
| Canada | 1.0 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 13.0 | 5.0 | -61.5% | ||
Top Suppliers of Fats and Oils and Their Fractions; of Marine Mammals to Turkey in 2022:
- France (2.0 kg)
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