Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Turkey - 2023
Contents:
- Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Turkey (FOB) - 2022
- Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Turkey (CIF) - 2022
- Exports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Turkey
- Imports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Turkey
Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Turkey (FOB) - 2022
In 2022, the average export price for offal, edible; of bovine animals, tongues, frozens amounted to $2,980 per ton, dropping by -18.8% against the previous year. In general, the export price, however, recorded modest growth. The pace of growth was the most pronounced in 2018 when the average export price increased by 8.2%. Over the period under review, the average export prices reached the peak figure at $4,816 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($5,552 per ton), while the average price for exports to Uzbekistan ($2,237 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Turkey (CIF) - 2022
The average import price for offal, edible; of bovine animals, tongues, frozens stood at $3,787 per ton in 2022, flattening at the previous year. Over the period under review, the import price saw a mild decline. The most prominent rate of growth was recorded in 2021 when the average import price increased by 12%. The import price peaked at $4,126 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($6,141 per ton), while the price for Brazil ($3,516 per ton) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.1%), while the prices for the other major suppliers experienced a decline.
Exports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Turkey
In 2022, exports of offal, edible; of bovine animals, tongues, frozens from Turkey surged to 39 tons, rising by 96% on 2021 figures. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 214%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in years to come.
In value terms, exports of offal, edible; of bovine animals, tongues, frozens surged to $116K in 2022. Over the period under review, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 203%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.
| Export of Offal, Edible; of Bovine Animals, Tongues, Frozen in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uzbekistan | N/A | N/A | N/A | 49.0 | 0% |
| Liberia | 2.4 | 11.6 | 14.3 | 15.6 | 86.6% |
| Malta | 2.9 | 11.4 | 12.4 | 9.6 | 49.0% |
| Marshall Islands | 3.2 | 8.5 | 10.4 | 8.9 | 40.6% |
| Panama | 3.4 | 9.9 | 7.7 | 5.4 | 16.7% |
| Russia | 0.9 | 4.9 | 7.9 | 4.6 | 72.3% |
| United Arab Emirates | 0.2 | 0.4 | 0.6 | 3.9 | 169.2% |
| Portugal | 0.3 | 1.3 | 1.1 | 2.3 | 97.2% |
| Bahamas | 3.2 | 2.9 | 1.8 | 2.3 | -10.4% |
| Others | 7.7 | 22.3 | 16.4 | 14.0 | 22.1% |
| Total | 24.2 | 73.3 | 72.5 | 116 | 68.6% |
Top Export Markets for Offal, Edible; of Bovine Animals, Tongues, Frozen from Turkey in 2022:
- Uzbekistan (21.9 tons)
- Liberia (4.0 tons)
- Malta (2.4 tons)
- Marshall Islands (2.3 tons)
- Panama (1.3 tons)
- United Arab Emirates (1.0 tons)
- Russia (0.8 tons)
- Portugal (0.6 tons)
- Bahamas (0.6 tons)
Imports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Turkey
In 2022, the amount of offal, edible; of bovine animals, tongues, frozens imported into Turkey fell to 16 tons, with a decrease of -12.6% compared with the previous year. Over the period under review, imports showed a drastic downturn. The smallest decline of -2.4% was in 2020.
In value terms, imports of offal, edible; of bovine animals, tongues, frozens reduced to $61K in 2022. In general, imports recorded a noticeable reduction. The pace of growth was the most pronounced in 2021 with an increase of 5.9%. As a result, imports reached the peak of $70K, and then fell in the following year.
| Import of Offal, Edible; of Bovine Animals, Tongues, Frozen in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 29.4 | 37.5 | 40.3 | 50.0 | 19.4% |
| Germany | 19.6 | 7.3 | 1.9 | 7.3 | -28.1% |
| Italy | 1.3 | 2.1 | 3.5 | 3.3 | 36.4% |
| Poland | 15.8 | 18.7 | 21.0 | N/A | 15.3% |
| Others | 1.7 | 0.2 | 2.9 | N/A | 30.6% |
| Total | 67.8 | 65.8 | 69.6 | 60.6 | -3.7% |
Top Suppliers of Offal, Edible; of Bovine Animals, Tongues, Frozen to Turkey in 2022:
- Brazil (14.2 tons)
- Germany (1.2 tons)
- Italy (0.6 tons)
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