Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Turkey - 2023
Contents:
- Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Turkey (FOB) - 2023
- Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Turkey (CIF) - 2023
- Exports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Turkey
- Imports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Turkey
Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Turkey (FOB) - 2023
The average export price for meat of sheep or goats; fresh, chilled or frozen stood at $11,661 per ton in December 2023, surging by 3.4% against the previous month. In general, export price indicated buoyant growth from December 2022 to December 2023: its price increased at an average monthly rate of +5.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, export price for meat of sheep or goats; fresh, chilled or frozen increased by +3.4% against November 2023 indices. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 153% against the previous month. The export price peaked at $16,982 per ton in June 2023; however, from July 2023 to December 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In December 2023, the country with the highest price was the United States ($19,355 per ton), while the average price for exports to Panama ($7,439 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 (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Turkey (CIF) - 2023
The average import price for meat of sheep or goats; fresh, chilled or frozen stood at $11,259 per ton in December 2023, picking up by 67% against the previous month. Over the period under review, the import price, however, showed a abrupt setback. The import price peaked at $22,574 per ton in December 2022; however, from January 2023 to December 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was New Zealand ($11,918 per ton), while the price for Australia amounted to $7,240 per ton.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Australia (+3.7%), while the prices for the other major suppliers experienced a decline.
Exports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Turkey
In 2022, the amount of meat of sheep or goats; fresh, chilled or frozen exported from Turkey soared to 4.6K tons, rising by 665% against the previous year. In general, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of meat of sheep or goats; fresh, chilled or frozen surged to $32M in 2022. Over the period under review, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Jordan | N/A | N/A | N/A | 12.7 | 0% |
| Kuwait | 0.1 | 0.1 | 0.5 | 6.9 | 310.2% |
| Qatar | 0.2 | 0.1 | 2.0 | 6.1 | 212.4% |
| Germany | 0.9 | 0.1 | 0.4 | 1.5 | 18.6% |
| Oman | 0.1 | 0.1 | 0.1 | 0.7 | 91.3% |
| Egypt | N/A | N/A | N/A | 0.6 | 0% |
| Others | 4.2 | 1.6 | 2.5 | 3.7 | -4.1% |
| Total | 5.6 | 2.0 | 5.6 | 32.2 | 79.2% |
Top Export Markets for Meat of Sheep or Goats; Fresh, Chilled or Frozen from Turkey in 2022:
- Jordan (2283.3 tons)
- Qatar (1102.1 tons)
- Kuwait (591.1 tons)
- Egypt (117.2 tons)
- Germany (89.1 tons)
- Oman (75.3 tons)
Imports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Turkey
Imports of meat of sheep or goats; fresh, chilled or frozen into Turkey soared to 526 tons in 2022, surging by 124% compared with 2021 figures. Overall, imports posted a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of meat of sheep or goats; fresh, chilled or frozen soared to $9.6M in 2022. Over the period under review, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 3.4 | 0.9 | 1.7 | 8.7 | 36.8% |
| Uruguay | N/A | N/A | N/A | 0.6 | 0% |
| Spain | 0.3 | 0.2 | 0.4 | 0.2 | -12.6% |
| United Arab Emirates | N/A | N/A | 0.1 | N/A | 0% |
| Australia | 0.4 | 0.3 | 0.4 | N/A | 0.0% |
| Others | 0.2 | 0.2 | 0.1 | 0.1 | -20.6% |
| Total | 4.3 | 1.6 | 2.6 | 9.6 | 30.7% |
Top Suppliers of Meat of Sheep or Goats; Fresh, Chilled or Frozen to Turkey in 2022:
- New Zealand (455.1 tons)
- Uruguay (35.1 tons)
- Spain (25.2 tons)
- Australia (0.4 tons)
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