Turkey: Fresh Beef Carcase Market 2024

Fresh Beef Carcase Market Size in Turkey

The Turkish fresh beef carcase market declined to $X in 2022, with a decrease of X% against the previous year. In general, consumption, however, recorded a perceptible expansion. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Fresh Beef Carcase Production in Turkey

In value terms, fresh beef carcase production shrank markedly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. Fresh beef carcase production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Fresh Beef Carcase Exports

Exports from Turkey

In 2022, after two years of growth, there was significant decline in overseas shipments of fresh or chilled carcases of beef and veal, when their volume decreased by X% to X tons. In general, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then dropped notably in the following year.

In value terms, fresh beef carcase exports fell significantly to $X in 2022. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. The exports peaked at $X in 2021, and then declined rapidly in the following year.

Exports by Country

Cyprus (X tons) was the main destination for fresh beef carcase exports from Turkey, with a X% share of total exports. Moreover, fresh beef carcase exports to Cyprus exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), fivefold. Qatar (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Cyprus amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Qatar (X% per year).

In value terms, Cyprus ($X) remains the key foreign market for fresh or chilled carcases of beef and veal exports from Turkey, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Qatar, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Cyprus amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Qatar (X% per year).

Export Prices by Country

In 2022, the average fresh beef carcase export price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the export price, however, showed a perceptible shrinkage. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United Arab Emirates ($X per ton) and Qatar ($X per ton), while the average price for exports to Cyprus ($X per ton) and Iraq ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus (X%), while the prices for the other major destinations experienced a decline.

Fresh Beef Carcase Imports

Imports into Turkey

In 2022, supplies from abroad of fresh or chilled carcases of beef and veal increased by X% to X kg for the first time since 2018, thus ending a three-year declining trend. In general, imports, however, faced a sharp curtailment. The pace of growth appeared the most rapid in 2015 when imports increased by X%. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, fresh beef carcase imports skyrocketed to $X in 2022. Overall, imports, however, faced a dramatic contraction. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Ukraine (X kg) constituted the largest supplier of fresh beef carcase to Turkey, accounting for a X% share of total imports. Moreover, fresh beef carcase imports from Ukraine exceeded the figures recorded by the second-largest supplier, Brazil (X kg), threefold.

From 2012 to 2022, the average annual growth rate of volume from Ukraine totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and Montenegro (X% per year).

In value terms, the largest fresh beef carcase suppliers to Turkey were Ukraine ($X), Brazil ($X) and Montenegro ($X).

Ukraine, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average fresh beef carcase import price stood at $X per ton in 2022, picking up by X% against the previous year. In general, the import price recorded a strong increase. The pace of growth was the most pronounced in 2020 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2021 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :