Price for Frozen Sheep (Including Lamb) Boneless Cuts in Turkey - 2024
Contents:
- Price for Frozen Sheep (Including Lamb) Boneless Cuts in Turkey (CIF) - 2024
- Price for Frozen Sheep (Including Lamb) Boneless Cuts in Turkey (FOB) - 2024
- Imports of Frozen Sheep (Including Lamb) Boneless Cuts in Turkey
- Exports of Frozen Sheep (Including Lamb) Boneless Cuts in Turkey
Price for Frozen Sheep (Including Lamb) Boneless Cuts in Turkey (CIF) - 2024
The average import price for frozen sheep (including lamb) boneless cutses stood at $9,673 per ton in January 2024, with a decrease of -20.6% against the previous month. In general, the import price recorded a mild shrinkage. The most prominent rate of growth was recorded in April 2023 an increase of 58% month-to-month. Over the period under review, average import prices reached the maximum at $15,536 per ton in February 2023; however, from March 2023 to January 2024, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for New Zealand.
From January 2023 to January 2024, the rate of growth in terms of prices for Australia amounted to 0.0% per month.
Price for Frozen Sheep (Including Lamb) Boneless Cuts in Turkey (FOB) - 2024
The average export price for frozen sheep (including lamb) boneless cutses stood at $12,706 per ton in January 2024, picking up by 15% against the previous month. Over the last twelve months, it increased at an average monthly rate of +3.0%. The pace of growth appeared the most rapid in February 2023 an increase of 34% against the previous month. The export price peaked at $13,255 per ton in August 2023; however, from September 2023 to January 2024, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In January 2024, the country with the highest price was Algeria ($15,162 per ton), while the average price for exports to Marshall Islands ($8,899 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to China (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Frozen Sheep (Including Lamb) Boneless Cuts in Turkey
In 2022, the amount of frozen sheep (including lamb) boneless cutses imported into Turkey skyrocketed to 308 tons, growing by 196% on the previous year's figure. Over the period under review, imports continue to indicate a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of frozen sheep (including lamb) boneless cutses skyrocketed to $4.1M in 2022. In general, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Frozen Sheep (Including Lamb) Boneless Cuts in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 1,843 | 387 | 882 | 3,484 | 23.6% |
| Uruguay | N/A | N/A | N/A | 571 | 0% |
| Spain | 28.8 | 21.2 | 24.9 | 32.1 | 3.7% |
| United Arab Emirates | N/A | N/A | 49.0 | N/A | 0% |
| Australia | 142 | 172 | 166 | N/A | 8.1% |
| Others | 21.3 | 23.2 | 44.9 | 15.9 | -9.3% |
| Total | 2,035 | 604 | 1,167 | 4,103 | 26.3% |
Top Suppliers of Frozen Sheep (Including Lamb) Boneless Cuts to Turkey in 2022:
- New Zealand (269.3 tons)
- Uruguay (33.8 tons)
- Spain (3.5 tons)
Exports of Frozen Sheep (Including Lamb) Boneless Cuts in Turkey
In 2022, approx. 198 tons of frozen sheep (including lamb) boneless cutses were exported from Turkey; surging by 139% against the previous year. In general, exports, however, showed a deep setback.
In value terms, exports of frozen sheep (including lamb) boneless cutses surged to $2.1M in 2022. Overall, exports saw a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Frozen Sheep (Including Lamb) Boneless Cuts in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 483 | 51.2 | 77.8 | 711 | 13.8% |
| Netherlands | 123 | 21.2 | 41.6 | 239 | 24.8% |
| Belgium | 104 | 24.7 | 35.5 | 207 | 25.8% |
| France | 171 | 38.1 | 6.0 | 158 | -2.6% |
| Italy | 166 | 20.3 | 43.0 | 150 | -3.3% |
| Austria | 109 | 11.7 | 5.0 | 150 | 11.2% |
| Georgia | 1.4 | N/A | 6.5 | 114 | 333.4% |
| Qatar | N/A | 0.9 | N/A | 86.1 | 878.1% |
| Marshall Islands | 22.7 | 42.5 | 47.6 | 53.1 | 32.7% |
| Panama | 18.6 | 27.6 | 31.0 | 39.6 | 28.6% |
| Liberia | 12.7 | 31.9 | 30.9 | 36.8 | 42.6% |
| Singapore | 12.6 | 26.2 | 21.8 | 24.2 | 24.3% |
| United Kingdom | 114 | 24.5 | 3.2 | 3.4 | -69.0% |
| Others | 763 | 294 | 430 | 157 | -41.0% |
| Total | 2,099 | 615 | 780 | 2,129 | 0.5% |
Top Export Markets for Frozen Sheep (Including Lamb) Boneless Cuts from Turkey in 2022:
- Germany (58.5 tons)
- Netherlands (19.1 tons)
- Belgium (16.7 tons)
- Qatar (15.0 tons)
- France (12.6 tons)
- Italy (12.1 tons)
- Austria (11.9 tons)
- Georgia (9.5 tons)
- Marshall Islands (7.9 tons)
- Panama (5.6 tons)
- Liberia (5.0 tons)
- Singapore (3.4 tons)
- United Kingdom (0.3 tons)
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