Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Turkey - 2023
Contents:
- Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Turkey (CIF) - 2022
- Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Turkey (FOB) - 2023
- Imports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Turkey
- Exports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Turkey
Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Turkey (CIF) - 2022
The average import price for frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) stood at $25,938 per ton in 2022, growing by 107% against the previous year. In general, the import price recorded a resilient increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Uruguay ($36,928 per ton), while the price for Brazil ($4,807 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Uruguay (+24.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Turkey (FOB) - 2023
In December 2023, the average export price for frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) amounted to $16,095 per ton, rising by 62% against the previous month. Overall, the export price, however, recorded a slight reduction. Over the period under review, the average export prices attained the peak figure at $24,494 per ton in January 2023; however, from February 2023 to December 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In December 2023, the country with the highest price was the United States ($35,763 per ton), while the average price for exports to Panama ($7,148 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+13.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Turkey
In 2022, imports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) into Turkey surged to 209 tons, rising by 113% on the year before. Overall, imports recorded significant growth. 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) cuts with bone in (excluding carcasses and half-carcasses) soared to $5.4M in 2022. In general, imports saw 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) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 1,530 | 473 | 813 | 5,208 | 50.4% |
| Spain | 66.3 | 81.2 | 199 | 132 | 25.8% |
| Brazil | N/A | 46.0 | 22.4 | 29.5 | -19.9% |
| Germany | 55.7 | N/A | N/A | 7.6 | -48.5% |
| Australia | 188 | 114 | 161 | N/A | -7.5% |
| Others | 37.0 | 65.3 | 37.7 | 51.5 | 11.7% |
| Total | 1,877 | 779 | 1,232 | 5,429 | 42.5% |
Top Suppliers of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) to Turkey in 2022:
- New Zealand (184.0 tons)
- Spain (15.9 tons)
- Brazil (6.1 tons)
- Germany (1.3 tons)
Exports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Turkey
In 2022, approx. 222 tons of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) were exported from Turkey; picking up by 77% against the year before. In general, exports recorded a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) surged to $2.7M in 2022. Overall, exports showed a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 421 | 56.0 | 244 | 779 | 22.8% |
| Netherlands | 82.3 | 19.5 | 61.2 | 262 | 47.1% |
| Belgium | 55.6 | 22.9 | 53.3 | 225 | 59.4% |
| Italy | 124 | 15.1 | 53.0 | 158 | 8.4% |
| France | 181 | 29.4 | 14.8 | 157 | -4.6% |
| Austria | 51.0 | 4.1 | 19.4 | 153 | 44.2% |
| Qatar | 1.3 | 1.6 | 0.8 | 145 | 381.4% |
| Oman | 89.2 | N/A | 17.6 | 143 | 17.0% |
| Jordan | N/A | N/A | N/A | 98.9 | 0% |
| Liberia | 32.4 | 49.7 | 80.0 | 84.8 | 37.8% |
| Panama | 42.4 | 65.7 | 72.9 | 76.8 | 21.9% |
| Marshall Islands | 50.5 | 64.2 | 85.7 | 71.0 | 12.0% |
| Malta | 57.7 | 48.2 | 47.6 | 39.3 | -12.0% |
| Others | 1,046 | 415 | 662 | 331 | -31.9% |
| Total | 2,234 | 791 | 1,412 | 2,723 | 6.8% |
Top Export Markets for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) from Turkey in 2022:
- Oman (34.8 tons)
- Qatar (32.2 tons)
- Germany (30.5 tons)
- Jordan (19.3 tons)
- Liberia (11.8 tons)
- Netherlands (10.9 tons)
- Panama (10.6 tons)
- Marshall Islands (10.3 tons)
- Belgium (8.8 tons)
- Italy (6.8 tons)
- France (6.4 tons)
- Malta (5.9 tons)
- Austria (5.8 tons)
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