Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Turkey - 2024
Contents:
- Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Turkey (FOB) - 2022
- Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Turkey (CIF) - 2022
- Exports of Offal, Edible; of Swine, (Other than Livers), Frozen in Turkey
- Imports of Offal, Edible; of Swine, (Other than Livers), Frozen in Turkey
Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Turkey (FOB) - 2022
In 2022, the average export price for offal, edible; of swine, (other than livers), frozen amounted to $1,826 per ton, falling by -1.6% against the previous year. In general, the export price showed a abrupt setback. The most prominent rate of growth was recorded in 2021 when the average export price increased by 42%. The export price peaked at $3,006 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Hong Kong SAR ($2,177 per ton) and Panama ($1,894 per ton), while the average price for exports to Malta ($1,609 per ton) and Marshall Islands ($1,779 per ton) were amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (-1.3%), while the prices for the other major destinations experienced a decline.
Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Turkey (CIF) - 2022
The average import price for offal, edible; of swine, (other than livers), frozen stood at $1,670 per ton in 2022, with a decrease of -6.1% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 25%. As a result, import price attained the peak level of $1,778 per ton, and then shrank in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($2,951 per ton), while the price for Poland ($1,096 per ton) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Offal, Edible; of Swine, (Other than Livers), Frozen in Turkey
For the fourth consecutive year, Turkey recorded growth in shipments abroad of offal, edible; of swine, (other than livers), frozen, which increased by 20% to 62 tons in 2022. Overall, exports recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 1,846%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of offal, edible; of swine, (other than livers), frozen surged to $113K in 2022. Over the period under review, exports saw significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 1,221% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in years to come.
| Export of Offal, Edible; of Swine, (Other than Livers), Frozen in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malta | 0.7 | 11.4 | 20.1 | 24.9 | 228.9% |
| Liberia | 1.0 | 8.2 | 15.7 | 22.2 | 181.1% |
| Marshall Islands | 1.1 | 10.2 | 19.1 | 20.9 | 166.8% |
| Panama | 0.1 | 9.3 | 12.1 | 12.9 | 405.3% |
| Greece | 0.4 | 1.6 | 3.5 | 6.1 | 148.0% |
| Hong Kong SAR | 0.3 | 4.8 | 4.8 | 4.6 | 148.4% |
| Bahamas | 0.1 | 1.4 | 2.0 | 3.9 | 239.1% |
| Singapore | N/A | 3.5 | 4.2 | 3.8 | 4.2% |
| Others | 0.7 | 6.8 | 14.3 | 13.3 | 166.8% |
| Total | 4.3 | 57.1 | 95.7 | 113 | 197.3% |
Top Export Markets for Offal, Edible; of Swine, (Other than Livers), Frozen from Turkey in 2022:
- Malta (15.5 tons)
- Liberia (12.2 tons)
- Marshall Islands (11.8 tons)
- Panama (6.8 tons)
- Greece (3.3 tons)
- Hong Kong SAR (2.1 tons)
- Bahamas (2.0 tons)
- Singapore (1.9 tons)
Imports of Offal, Edible; of Swine, (Other than Livers), Frozen in Turkey
For the fourth year in a row, Turkey recorded growth in purchases abroad of offal, edible; of swine, (other than livers), frozen, which increased by 20% to 64 tons in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +25.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +99.6% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 46% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of offal, edible; of swine, (other than livers), frozen stood at $107K in 2022. In general, imports posted significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 69%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Offal, Edible; of Swine, (Other than Livers), Frozen in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 13.9 | 28.5 | 55.2 | 74.7 | 75.2% |
| Spain | 8.1 | 6.8 | 7.4 | 12.7 | 16.2% |
| Germany | 5.9 | 14.0 | 10.6 | 8.8 | 14.3% |
| Poland | 11.0 | 15.6 | 21.6 | 7.4 | -12.4% |
| Brazil | N/A | N/A | N/A | 2.9 | 0% |
| Others | 0.6 | 1.8 | 0.5 | 0.6 | 0.0% |
| Total | 39.4 | 66.7 | 95.3 | 107 | 39.5% |
Top Suppliers of Offal, Edible; of Swine, (Other than Livers), Frozen to Turkey in 2022:
- Netherlands (43.7 tons)
- Spain (8.9 tons)
- Poland (6.7 tons)
- Germany (3.3 tons)
- Brazil (1.0 tons)
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