Turkey - Bacon, Ham and Other Dried, Salted or Smoked Pig Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBacon and Ham Price in Turkey - 2023
Contents:
- Bacon and Ham Price in Turkey (CIF) - 2022
- Bacon and Ham Price in Turkey (FOB) - 2022
- Bacon and Ham Imports in Turkey
- Bacon and Ham Exports in Turkey
Bacon and Ham Price in Turkey (CIF) - 2022
In 2022, the average bacon and ham import price amounted to $4,875 per ton, picking up by 7.9% against the previous year. Overall, the import price posted a prominent increase. The pace of growth was the most pronounced in 2020 an increase of 20%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual 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 ($4,875 per ton), while the price for Germany amounted to $4,819 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Bacon and Ham Price in Turkey (FOB) - 2022
The average bacon and ham export price stood at $4,776 per ton in 2022, increasing by 2.9% against the previous year. In general, the export price, however, saw a abrupt decrease. The pace of growth appeared the most rapid in 2016 when the average export price increased by 32%. The export price peaked at $21,279 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Russia ($4,972 per ton) and Bahamas ($4,961 per ton), while the average price for exports to Antigua and Barbuda ($4,389 per ton) and Portugal ($4,489 per ton) were amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.
Bacon and Ham Imports in Turkey
For the fourth consecutive year, Turkey recorded growth in purchases abroad of bacon, ham and other dried, salted or smoked pig meat, which increased by 12% to 66 tons in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +16.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 31%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, bacon and ham imports soared to $320K in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +24.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +94.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 30%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
Import of Bacon and Ham in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 129 | 195 | 250 | 278 | 29.2% |
Germany | 27.7 | 18.7 | 9.4 | 37.9 | 11.0% |
Others | 7.7 | N/A | 5.4 | 3.9 | -20.3% |
Total | 164 | 213 | 264 | 320 | 25.0% |
Top Suppliers of Bacon and Ham to Turkey in 2022:
- Netherlands (57.0 tons)
- Germany (7.9 tons)
Bacon and Ham Exports in Turkey
In 2022, approx. 64 tons of bacon, ham and other dried, salted or smoked pig meat were exported from Turkey; rising by 16% compared with the previous year's figure. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 457%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in years to come.
In value terms, bacon and ham exports soared to $308K in 2022. In general, exports continue to indicate significant growth. The growth pace was the most rapid in 2020 when exports increased by 501%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Export of Bacon and Ham in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Liberia | 3.3 | 36.5 | 48.7 | 59.0 | 161.5% |
Marshall Islands | 4.1 | 27.2 | 37.6 | 47.9 | 126.9% |
Malta | 3.3 | 31.6 | 36.9 | 46.4 | 141.4% |
Panama | 3.6 | 23.1 | 32.0 | 33.4 | 110.1% |
Bahamas | 2.7 | 11.3 | 10.9 | 11.6 | 62.6% |
Russia | 0.4 | 4.0 | 6.9 | 11.2 | 203.7% |
Portugal | 0.5 | 4.3 | 5.8 | 10.4 | 175.0% |
Singapore | 0.7 | 8.4 | 10.8 | 9.8 | 141.0% |
Greece | 1.5 | 12.1 | 5.9 | 9.6 | 85.7% |
Hong Kong SAR | N/A | 4.9 | 7.8 | 8.2 | 29.4% |
Antigua and Barbuda | 0.5 | 4.5 | 4.9 | 6.4 | 133.9% |
Netherlands | 0.5 | 3.9 | 3.9 | 5.8 | 126.4% |
Norway | 0.6 | 0.9 | 3.6 | 5.4 | 108.0% |
Others | 12.8 | 34.0 | 42.0 | 42.5 | 49.2% |
Total | 34.4 | 207 | 258 | 308 | 107.6% |
Top Export Markets for Bacon and Ham from Turkey in 2022:
- Liberia (12.6 tons)
- Marshall Islands (10.0 tons)
- Malta (9.7 tons)
- Panama (6.8 tons)
- Portugal (2.3 tons)
- Bahamas (2.3 tons)
- Russia (2.3 tons)
- Singapore (2.1 tons)
- Greece (2.0 tons)
- Hong Kong SAR (1.8 tons)
- Antigua and Barbuda (1.5 tons)
- Netherlands (1.3 tons)
- Norway (1.1 tons)
This report provides an in-depth analysis of the bacon and ham 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 10131120 - Hams, shoulders and cuts thereof with bone in, of swine, s alted, in brine, dried or smoked
- Prodcom 10131150 - Bellies and cuts thereof of swine, salted, in brine, dried or smoked
- Prodcom 10131180 - Pig meat salted, in brine, dried or smoked (including bacon, 3/4 sides/middles, fore-ends, loins and cuts thereof, excluding hams, shoulders and cuts thereof with bone in, bellies and cuts thereof)
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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