Turkey - Prepared Or Preserved Meat Or Offal Of Turkeys - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Turkey Price in Turkey - 2023
Contents:
- Preserved Turkey Price in Turkey (FOB) - 2023
- Preserved Turkey Price in Turkey (CIF) - 2022
- Preserved Turkey Exports in Turkey
- Preserved Turkey Imports in Turkey
Preserved Turkey Price in Turkey (FOB) - 2023
In July 2023, the average preserved turkey export price amounted to $6,484 per ton, waning by -2% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.4%. The pace of growth appeared the most rapid in September 2022 an increase of 15% against the previous month. The export price peaked at $6,617 per ton in June 2023, and then declined slightly in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Bahrain ($13,754 per ton), while the average price for exports to Cyprus ($4,452 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Turkey Price in Turkey (CIF) - 2022
In 2022, the average preserved turkey import price amounted to $5,000 per ton, picking up by 18% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The pace of growth appeared the most rapid in 2014 an increase of 30%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for Hong Kong SAR.
From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +0.5% per year.
Preserved Turkey Exports in Turkey
After two years of decline, shipments abroad of prepared or preserved meat or offal of turkeys increased by 85% to 541 tons in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +9.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, preserved turkey exports skyrocketed to $2.9M in 2022. Over the period under review, exports continue to indicate a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Preserved Turkey in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Cyprus | 382 | 193 | 172 | 659 | 19.9% |
Qatar | 490 | 339 | 337 | 599 | 6.9% |
Iraq | 109 | 188 | 288 | 493 | 65.4% |
Kuwait | 609 | 260 | 340 | 396 | -13.4% |
Lebanon | 119 | 2.4 | 111 | 155 | 9.2% |
Georgia | N/A | 5.1 | 3.8 | 122 | 389.1% |
United Arab Emirates | 22.1 | 41.4 | 87.0 | 120 | 75.8% |
Bahrain | 48.8 | 38.2 | 29.0 | 99.5 | 26.8% |
Venezuela | 5.1 | N/A | N/A | 72.2 | 141.9% |
Bosnia and Herzegovina | N/A | N/A | N/A | 59.7 | 0% |
Benin | N/A | 27.0 | N/A | N/A | 0% |
Guinea | N/A | 22.9 | N/A | N/A | 0% |
Saudi Arabia | 94.4 | 233 | N/A | N/A | 146.8% |
Others | 72.2 | 72.8 | 228 | 131 | 22.0% |
Total | 1,952 | 1,423 | 1,595 | 2,907 | 14.2% |
Top Export Markets for Preserved Turkey from Turkey in 2022:
- Cyprus (125.3 tons)
- Qatar (99.9 tons)
- Iraq (85.2 tons)
- Kuwait (78.9 tons)
- Lebanon (36.9 tons)
- Georgia (21.8 tons)
- United Arab Emirates (21.6 tons)
- Bahrain (15.9 tons)
- Bosnia and Herzegovina (15.6 tons)
- Venezuela (14.9 tons)
Preserved Turkey Imports in Turkey
Preserved turkey imports into Turkey declined rapidly to 1 kg in 2022, waning by 99.9% compared with the previous year. Over the period under review, imports recorded a precipitous descent. The most prominent rate of growth was recorded in 2021 when imports increased by 111%. As a result, imports attained the peak of 80 tons, and then contracted sharply in the following year.
In value terms, preserved turkey imports declined significantly to $5 in 2022. In general, imports recorded a precipitous contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 119%. As a result, imports attained the peak of $338K, and then reduced sharply in the following year.
Import of Preserved Turkey in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hong Kong SAR | N/A | N/A | N/A | N/A | 0% |
Germany | 24.0 | N/A | N/A | N/A | 0% |
Netherlands | 120 | 154 | 167 | N/A | 18.0% |
Others | N/A | N/A | 171 | N/A | 0% |
Total | 144 | 154 | 338 | N/A | 53.2% |
Top Suppliers of Preserved Turkey to Turkey in 2022:
- Hong Kong SAR (1.0 kg)
This report provides an in-depth analysis of the preserved turkey market 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 10131525 - Prepared or preserved meat or offal of turkeys (excluding sausages, preparations of liver and prepared meals and dishes)
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
-
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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