Turkmenistan: Meat Market 2020

Meat Market Size in Turkmenistan

The revenue of the meat market in Turkmenistan amounted to $X in 2018, growing by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2016 when the market value increased by X% year-to-year. In that year, the meat market reached its peak level of $X. From 2017 to 2018, the growth of the meat market remained at a lower figure.

Meat Production in Turkmenistan

In value terms, meat production totaled $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. In that year, meat production attained its peak level of $X. From 2017 to 2018, meat production growth failed to regain its momentum.

In 2018, the average yield of meat in Turkmenistan amounted to X kg per head, stabilizing at the previous year. In general, the meat yield continues to indicate a relatively flat trend pattern.

In 2018, approx. X head of animals slaughtered for meat production in Turkmenistan; flattening at the previous year. Over the period under review, the number of animals slaughtered for meat production continues to indicate a relatively flat trend pattern.

Meat Exports

Exports from Turkmenistan

Meat exports from Turkmenistan stood at X tons in 2018, surging by X% against the previous year. Over the period under review, meat exports continue to indicate a modest expansion. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. In that year, meat exports attained their peak of X tons. From 2014 to 2018, the growth of meat exports failed to regain its momentum.

In value terms, meat exports totaled $X in 2018. Overall, the total exports indicated a pronounced increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, meat exports decreased by -X% against 2013 indices. The growth pace was the most rapid in 2013 with an increase of X% y-o-y. In that year, meat exports reached their peak of $X. From 2014 to 2018, the growth of meat exports failed to regain its momentum.

Exports by Country

The U.S. (X tons), Germany (X tons), Spain (X tons), Brazil (X tons), Australia (X tons), the Netherlands (X tons), Denmark (X tons), India (X tons), Canada (X tons), Poland (X tons), Belgium (X tons) and New Zealand (X tons) represented roughly X% of total exports of meat in 2018.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by India, while the other leaders experienced more modest paces of growth.

In value terms, the largest meat markets from Turkmenistan were the U.S. ($X), Australia ($X) and Brazil ($X), together comprising X% of total exports. Germany, the Netherlands, Spain, New Zealand, Canada, India, Denmark, Poland, Belgium and Turkmenistan lagged somewhat behind, together comprising a further X terms of the main exporting countries, India experienced the highest growth rate of exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the meat export price in Turkmenistan amounted to $X per ton, increasing by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2014 an increase of X% year-to-year. Over the period under review, the export prices for meat reached their peak figure in 2018 and is expected to retain its growth in the near future.

Prices varied noticeably by the country of origin; the country with the highest price was New Zealand ($X per ton), while Denmark ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by India, while the other leaders experienced more modest paces of growth.

Meat Imports

Imports into Turkmenistan

In 2018, the amount of meat imported into Turkmenistan stood at X tons, going up by X% against the previous year. Over the period under review, meat imports continue to indicate a prominent expansion. The growth pace was the most rapid in 2018 when imports increased by X% y-o-y. In that year, meat imports reached their peak and are likely to continue its growth in the immediate term.

In value terms, meat imports amounted to $X in 2018. Over the period under review, meat imports continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2018 when imports increased by X% y-o-y. In that year, meat imports reached their peak and are likely to continue its growth in the immediate term.

Imports by Country

China (X tons), Japan (X tons), the U.S. (X tons), Italy (X tons), Germany (X tons), Mexico (X tons), South Korea (X tons), China, Hong Kong SAR (X tons), Vietnam (X tons), the UK (X tons), Poland (X tons) and the Netherlands (X tons) represented roughly X% of total imports of meat in 2018.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Vietnam, while the other leaders experienced more modest paces of growth.

In value terms, the largest meat importing markets into Turkmenistan were Japan ($X), the U.S. ($X) and China ($X), with a combined X% share of total imports. These countries were followed by Germany, Italy, South Korea, China, Hong Kong SAR, the UK, the Netherlands, Vietnam, Mexico, Poland and Turkmenistan, which together accounted for a further X Nam experienced the highest growth rate of imports, among the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the meat import price in Turkmenistan amounted to $X per ton, going down by -X% against the previous year. Overall, the meat import price continues to indicate a pronounced reduction. The pace of growth appeared the most rapid in 2012 an increase of X% y-o-y. In that year, the import prices for meat reached their peak level of $X per ton. From 2013 to 2018, the growth in terms of the import prices for meat remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was South Korea ($X per ton), while Mexico ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by South Korea, while the other leaders experienced more modest paces of growth.

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Source: IndexBox Platform