Turkey - Extracts And Juices Of Meat, Fish, Crustaceans And Molluscs - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Meat and Fish Extracts in Turkey - 2023
Contents:
- Price for Meat and Fish Extracts in Turkey (FOB) - 2022
- Price for Meat and Fish Extracts in Turkey (CIF) - 2022
- Exports of Meat and Fish Extracts in Turkey
- Imports of Meat and Fish Extracts in Turkey
Price for Meat and Fish Extracts in Turkey (FOB) - 2022
In 2022, the average meat and fish extracts export price amounted to $765 per ton, waning by -10.1% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 20%. Over the period under review, the average export prices hit record highs at $888 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Italy.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +15.8% per year.
Price for Meat and Fish Extracts in Turkey (CIF) - 2022
In 2022, the average meat and fish extracts import price amounted to $2,796 per ton, dropping by -69.9% against the previous year. Overall, the import price saw a deep slump. The growth pace was the most rapid in 2017 when the average import price increased by 997%. As a result, import price attained the peak level of $17,288 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($2,925 per ton), while the price for Thailand totaled $2,569 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+2.9%), while the prices for the other major suppliers experienced a decline.
Exports of Meat and Fish Extracts in Turkey
In 2022, shipments abroad of extracts and juices of meat, fish, crustaceans and molluscs increased by 10% to 270 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a abrupt downturn.
In value terms, meat and fish extracts exports reduced modestly to $206K in 2022. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 7.3% against the previous year. As a result, the exports attained the peak of $208K, leveling off in the following year.
| Export of Meat and Fish Extracts in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 193 | 194 | 207 | 200 | 1.2% |
| Others | 11.6 | 0.2 | 1.0 | 6.4 | -18.0% |
| Total | 205 | 194 | 208 | 206 | 0.2% |
Top Export Markets for Meat and Fish Extracts from Turkey in 2022:
- Italy (266.9 tons)
Imports of Meat and Fish Extracts in Turkey
In 2022, after three years of growth, there was significant decline in overseas purchases of extracts and juices of meat, fish, crustaceans and molluscs, when their volume decreased by -77.9% to 623 kg. Overall, imports saw a dramatic contraction. The pace of growth was the most pronounced in 2020 when imports increased by 86% against the previous year.
In value terms, meat and fish extracts imports declined significantly to $1.7K in 2022. Over the period under review, imports saw a sharp decrease. The most prominent rate of growth was recorded in 2020 with an increase of 100%. As a result, imports reached the peak of $28K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Meat and Fish Extracts in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 0.5 | 1.2 | 2.5 | 1.5 | 44.2% |
| Mexico | 0.1 | 0.3 | 0.4 | 0.1 | 0.0% |
| Spain | 13.2 | 26.5 | 22.9 | N/A | 31.7% |
| Others | 0.2 | N/A | 0.3 | 0.1 | -20.6% |
| Total | 14.0 | 28.0 | 26.1 | 1.7 | -50.5% |
Top Suppliers of Meat and Fish Extracts to Turkey in 2022:
- Thailand (576.0 kg)
- Mexico (43.0 kg)
This report provides an in-depth analysis of the market for meat and fish extracts in Turkey. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10891400 - Extracts and juices of meat, fish, crustaceans, molluscs or other aquatic invertebrates
Country coverage:
- Turkey
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Turkey
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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