Price for Poultry; Live, Weighing Not More than 185g, Turkeys in Turkey - 2023

Contents:

1. Price for Poultry; Live, Weighing Not More than 185g, Turkeys in Turkey (CIF) - 2023
2. Price for Poultry; Live, Weighing Not More than 185g, Turkeys in Turkey (FOB) - 2022
3. Imports of Poultry; Live, Weighing Not More than 185g, Turkeys in Turkey
4. Exports of Poultry; Live, Weighing Not More than 185g, Turkeys in Turkey

Price for Poultry; Live, Weighing Not More than 185g, Turkeys in Turkey (CIF) - 2023

The average import price for poultry; live, weighing not more than 185g, turkeys meat stood at $19.7 per unit in December 2023, almost unchanged from the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 an increase of 7.1% m-o-m. The import price peaked at $21.2 per unit in February 2023; however, from March 2023 to December 2023, 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 the United States.

From February 2023 to December 2023, the rate of growth in terms of prices for the United States amounted to -0.7% per month.

Price for Poultry; Live, Weighing Not More than 185g, Turkeys in Turkey (FOB) - 2022

In 2022, the average export price for poultry; live, weighing not more than 185g, turkeys meat amounted to $2.8 per unit, surging by 30% against the previous year. Overall, the export price, however, showed a mild descent. The most prominent rate of growth was recorded in 2020 when the average export price increased by 53%. The export price peaked at $3.4 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Cyprus ($3.5 per unit), while the average price for exports to Iraq ($1.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus (+0.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Poultry; Live, Weighing Not More than 185g, Turkeys in Turkey

For the third year in a row, Turkey recorded decline in supplies from abroad of poultry; live, weighing not more than 185g, turkeys meat, which decreased by 0% to 61K units in 2022. Overall, imports showed a prominent increase. The smallest decline of -1.9% was in 2020. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, imports of poultry; live, weighing not more than 185g, turkeys meat stood at $1.2M in 2022. Over the period under review, imports recorded a buoyant increase. The growth pace was the most rapid in 2020 with an increase of 1.4%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.

Top Suppliers of Poultry; Live, Weighing Not More than 185g, Turkeys to Turkey in 2022:

1. United States (41.1K units)
2. France (19.7K units)

Exports of Poultry; Live, Weighing Not More than 185g, Turkeys in Turkey

In 2022, the amount of poultry; live, weighing not more than 185g, turkeys meat exported from Turkey skyrocketed to 31K units, rising by 157% against 2021 figures. Over the period under review, exports, however, recorded a sharp reduction. The exports peaked at 81K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of poultry; live, weighing not more than 185g, turkeys meat surged to $86K in 2022. Overall, exports, however, recorded a abrupt downturn. Over the period under review, the exports of reached the peak figure at $126K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Poultry; Live, Weighing Not More than 185g, Turkeys from Turkey in 2022:

1. Azerbaijan (10.8K units)
2. Cyprus (10.5K units)
3. Syrian Arab Republic (7.7K units)
4. Iraq (1.5K units)

Source: IndexBox Market Intelligence Platform