Turkey - Bellies And Cuts Of Swine (Salted, In Brine, Dried Or Smoked) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Salted, Dried, or Smoked Swine Bellies in Turkey - 2023
Contents:
- Price for Salted, Dried, or Smoked Swine Bellies in Turkey (FOB) - 2022
- Price for Salted, Dried, or Smoked Swine Bellies in Turkey (CIF) - 2022
- Exports of Salted, Dried, or Smoked Swine Bellies in Turkey
- Imports of Salted, Dried, or Smoked Swine Bellies in Turkey
Price for Salted, Dried, or Smoked Swine Bellies in Turkey (FOB) - 2022
In 2022, the average export price for swine bellies (salted, in brine, dried or smoked) amounted to $4,785 per ton, growing by 5.2% against the previous year. Overall, the export price, however, recorded a perceptible shrinkage. The growth pace was the most rapid in 2016 an increase of 52%. As a result, the export price attained the peak level of $9,723 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Panama ($4,974 per ton) and Hong Kong SAR ($4,910 per ton), while the average price for exports to Antigua and Barbuda ($4,438 per ton) and Portugal ($4,579 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 (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Salted, Dried, or Smoked Swine Bellies in Turkey (CIF) - 2022
The average import price for swine bellies (salted, in brine, dried or smoked) stood at $4,861 per ton in 2022, increasing by 10% against the previous year. Over the period from 2015 to 2022, it increased at an average annual rate of +5.4%. The pace of growth appeared the most rapid in 2020 when the average import price increased by 21%. The import price peaked in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($4,869 per ton), while the price for Germany amounted to $4,728 per ton.
From 2015 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Salted, Dried, or Smoked Swine Bellies in Turkey
For the fourth year in a row, Turkey recorded growth in overseas shipments of swine bellies (salted, in brine, dried or smoked), which increased by 7.2% to 48 tons in 2022. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 544% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of swine bellies (salted, in brine, dried or smoked) expanded remarkably to $230K in 2022. In general, exports showed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 593% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
Export of Salted, Dried, or Smoked Swine Bellies in Turkey (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Liberia | 2.1 | 30.0 | 40.1 | 43.5 | 174.6% |
Malta | 2.0 | 25.5 | 30.0 | 37.3 | 165.2% |
Marshall Islands | 3.6 | 24.7 | 30.0 | 36.5 | 116.4% |
Panama | 3.1 | 20.6 | 25.1 | 25.8 | 102.7% |
Bahamas | 2.2 | 7.4 | 8.0 | 8.4 | 56.3% |
Singapore | 0.5 | 7.8 | 8.8 | 8.1 | 153.0% |
Greece | 1.4 | 12.0 | 5.2 | 7.8 | 77.3% |
Portugal | 0.3 | 3.7 | 4.4 | 7.7 | 195.0% |
Russia | 0.1 | 3.2 | 4.9 | 6.6 | 304.1% |
Hong Kong SAR | N/A | 4.0 | 6.6 | 6.5 | 27.5% |
Norway | 0.6 | 0.8 | 2.5 | 4.2 | 91.3% |
Antigua and Barbuda | 0.5 | 3.4 | 4.0 | 4.1 | 101.7% |
Netherlands | 0.4 | 3.0 | 2.9 | 3.9 | 113.6% |
Others | 8.4 | 27.7 | 31.8 | 30.1 | 53.0% |
Total | 25.1 | 174 | 204 | 230 | 109.3% |
Top Export Markets for Salted, Dried, or Smoked Swine Bellies from Turkey in 2022:
- Liberia (9.2 tons)
- Malta (7.8 tons)
- Marshall Islands (7.6 tons)
- Panama (5.2 tons)
- Portugal (1.7 tons)
- Singapore (1.7 tons)
- Bahamas (1.7 tons)
- Greece (1.6 tons)
- Russia (1.4 tons)
- Hong Kong SAR (1.3 tons)
- Antigua and Barbuda (0.9 tons)
- Norway (0.9 tons)
- Netherlands (0.8 tons)
Imports of Salted, Dried, or Smoked Swine Bellies in Turkey
For the fourth consecutive year, Turkey recorded growth in supplies from abroad of swine bellies (salted, in brine, dried or smoked), which increased by 1.4% to 47 tons in 2022. The total import volume increased at an average annual rate of +12.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 20% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of swine bellies (salted, in brine, dried or smoked) expanded rapidly to $229K in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +21.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 42%. Imports peaked in 2022 and are likely to continue growth in years to come.
Import of Salted, Dried, or Smoked Swine Bellies in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 104 | 176 | 199 | 216 | 27.6% |
Germany | 17.3 | 7.0 | 2.2 | 13.3 | -8.4% |
Others | 6.8 | N/A | 4.1 | N/A | -22.4% |
Total | 129 | 182 | 205 | 229 | 21.1% |
Top Suppliers of Salted, Dried, or Smoked Swine Bellies to Turkey in 2022:
- Netherlands (44.3 tons)
- Germany (2.8 tons)
This report provides an in-depth analysis of the market for salted, dried, or smoked swine bellies 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 10131150 - Bellies and cuts thereof of swine, salted, in brine, dried or smoked
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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