Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Turkey - 2023
Contents:
- Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Turkey (FOB) - 2022
- Exports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Turkey
Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Turkey (FOB) - 2022
The average export price for fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat stood at $7,394 per ton in 2022, which is down by -5% against the previous year. Overall, the export price saw a perceptible contraction. The pace of growth was the most pronounced in 2021 when the average export price increased by 23% against the previous year. Over the period under review, the average export prices attained the maximum at $19,015 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Azerbaijan ($10,465 per ton), while the average price for exports to Liberia ($2,489 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 Oman (+27.0%), while the prices for the other major destinations experienced a decline.
Exports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Turkey
In 2022, shipments abroad of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat decreased by -43.5% to 15 tons, falling for the second year in a row after two years of growth. Overall, exports faced a abrupt slump. The growth pace was the most rapid in 2020 with an increase of 4.8%. As a result, the exports reached the peak of 30 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat declined sharply to $112K in 2022. In general, exports saw a dramatic contraction. The growth pace was the most rapid in 2021 when exports increased by 11% against the previous year.
| Export of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 163 | 4.7 | 75.7 | 85.1 | -19.5% |
| Qatar | 118 | 107 | 43.9 | 10.2 | -55.8% |
| Iraq | 11.2 | 14.1 | N/A | 6.9 | -14.9% |
| Azerbaijan | 1.1 | N/A | 0.3 | 2.9 | 38.1% |
| Liberia | N/A | 2.4 | 3.0 | 1.6 | -18.4% |
| Panama | N/A | 1.4 | 2.0 | 0.9 | -19.8% |
| Marshall Islands | N/A | N/A | 0.3 | 0.7 | 133.3% |
| Oman | N/A | 48.9 | 75.7 | N/A | 54.8% |
| Others | N/A | 9.3 | 7.1 | 3.3 | -40.4% |
| Total | 293 | 188 | 208 | 112 | -27.4% |
Top Export Markets for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat from Turkey in 2022:
- United Arab Emirates (10.3 tons)
- Qatar (1.0 tons)
- Iraq (1.0 tons)
- Liberia (0.6 tons)
- Panama (0.3 tons)
- Azerbaijan (0.3 tons)
- Marshall Islands (0.3 tons)
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