Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Turkey - 2023

Contents:

  1. Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Turkey (FOB) - 2022
  2. Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Turkey (CIF) - 2022
  3. Exports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Turkey
  4. Imports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Turkey

Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Turkey (FOB) - 2022

The average export price for frozen sheep (excluding lamb) carcasses and half-carcasseses stood at $4,124 per ton in 2022, with an increase of 6.9% against the previous year. In general, the export price, however, continues to indicate a perceptible decline. The pace of growth appeared the most rapid in 2020 when the average export price increased by 49%. The export price peaked at $7,257 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Malta ($6,205 per ton), while the average price for exports to Oman ($3,968 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Syrian Arab Republic (+15.0%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Turkey (CIF) - 2022

In 2022, the average import price for frozen sheep (excluding lamb) carcasses and half-carcasseses amounted to $6,337 per ton, reducing by -1.7% against the previous year. Overall, import price indicated noticeable growth from 2013 to 2022: its price increased at an average annual rate of +2.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for frozen sheep (excluding lamb) carcasses and half-carcasseses increased by +179.5% against 2017 indices. The pace of growth appeared the most rapid in 2018 an increase of 82% against the previous year. The import price peaked at $6,444 per ton in 2021, and then shrank slightly in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($8,000 per ton), while the price for Australia amounted to $6,307 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Moldova (+90.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Turkey

In 2022, approx. 342 tons of frozen sheep (excluding lamb) carcasses and half-carcasseses were exported from Turkey; picking up by 51% on the previous year. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 5,115% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of frozen sheep (excluding lamb) carcasses and half-carcasseses surged to $1.4M in 2022. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 3,336%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

Export of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
QatarN/AN/A802515-35.8%
Oman27.1N/AN/A471159.0%
KuwaitN/AN/AN/A2190%
Egypt2.5N/AN/A180316.0%
Iraq185N/AN/AN/A0%
Others18.525.472.824.710.1%
Total23325.48741,41082.2%

Top Export Markets for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses from Turkey in 2022:

  1. Qatar (124.1 tons)
  2. Oman (118.8 tons)
  3. Kuwait (53.8 tons)
  4. Egypt (41.2 tons)

Imports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Turkey

In 2022, imports of frozen sheep (excluding lamb) carcasses and half-carcasseses into Turkey contracted markedly to 3.2 tons, shrinking by -25.2% compared with the previous year's figure. Over the period under review, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 102%.

In value terms, imports of frozen sheep (excluding lamb) carcasses and half-carcasseses declined notably to $21K in 2022. In general, imports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of 112%.

Import of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia28.011.927.420.1-10.5%
Netherlands0.41.00.50.57.7%
OthersN/A0.2N/AN/A0%
Total28.413.127.920.5-10.3%

Top Suppliers of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses to Turkey in 2022:

  1. Australia (3.2 tons)
  2. Netherlands (0.1 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Frozen sheep (excluding lamb) carcasses and half-carcasses - Turkey