Turkey: Market for Prepared Or Preserved Shoulders And Cuts Of Swine Meat 2024

Market Size for Prepared Or Preserved Shoulders And Cuts Of Swine Meat in Turkey

The Turkish preserved swine meat cut market rose sharply to $X in 2023, picking up by X% against the previous year. Over the period under review, consumption recorded a mild reduction. As a result, consumption reached the peak level of $X. From 2015 to 2023, the growth of the market remained at a lower figure.

Production of Prepared Or Preserved Shoulders And Cuts Of Swine Meat in Turkey

In value terms, preserved swine meat cut production contracted slightly to $X in 2023 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, production reached the peak level of $X. From 2021 to 2023, production growth remained at a lower figure.

Exports of Prepared Or Preserved Shoulders And Cuts Of Swine Meat

Exports from Turkey

In 2023, the amount of prepared or preserved shoulders and cuts of swine meat exported from Turkey expanded to X tons, surging by X% compared with the previous year's figure. Over the period under review, exports recorded resilient growth. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2023 and are likely to see steady growth in the near future.

In value terms, preserved swine meat cut exports expanded sharply to $X in 2023. Overall, exports showed a remarkable increase. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, the exports reached the peak figure in 2023 and are likely to continue growth in the immediate term.

Exports by Country

Liberia (X tons), Malta (X tons) and Marshall Islands (X tons) were the main destinations of preserved swine meat cut exports from Turkey, together comprising X% of total exports. Panama, Greece, Palau, Bahamas, Italy, Russia, Singapore and Hong Kong SAR lagged somewhat behind, together accounting for a further X%.

From 2013 to 2023, the biggest increases were recorded for Palau (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Liberia ($X), Malta ($X) and Marshall Islands ($X) were the largest markets for preserved swine meat cut exported from Turkey worldwide, with a combined X% share of total exports. Panama, Greece, Palau, Russia, Bahamas, Italy, Singapore and Hong Kong SAR lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Palau, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average preserved swine meat cut export price stood at $X per ton in 2023, surging by X% against the previous year. In general, the export price, however, showed a mild reduction. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2023, the average export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2023, amid the top suppliers, the highest price was recorded for prices to Hong Kong SAR ($X per ton) and Russia ($X per ton), while the average price for exports to Greece ($X per ton) and Italy ($X per ton) were amongst the lowest.

From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Palau (X%), while the prices for the other major destinations experienced a decline.

Imports of Prepared Or Preserved Shoulders And Cuts Of Swine Meat

Imports into Turkey

In 2023, approx. X tons of prepared or preserved shoulders and cuts of swine meat were imported into Turkey; stabilizing at the year before. Overall, imports, however, posted slight growth. The pace of growth appeared the most rapid in 2017 when imports increased by X%. As a result, imports attained the peak of X tons. From 2018 to 2023, the growth of imports failed to regain momentum.

In value terms, preserved swine meat cut imports expanded sharply to $X in 2023. Over the period under review, total imports indicated a notable increase from 2013 to 2023: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2018 indices. The pace of growth was the most pronounced in 2015 with an increase of X%. Imports peaked at $X in 2017; however, from 2018 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, the Netherlands (X tons) constituted the largest preserved swine meat cut supplier to Turkey, with a X% share of total imports. Moreover, preserved swine meat cut imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Belgium (X kg), more than tenfold. The third position in this ranking was held by Denmark (X kg), with a X% share.

From 2013 to 2023, the average annual rate of growth in terms of volume from the Netherlands stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Denmark (X% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of prepared or preserved shoulders and cuts of swine meat to Turkey, comprising X% of total imports. The second position in the ranking was held by Denmark ($X), with a X% share of total imports. It was followed by Belgium, with a X% share.

From 2013 to 2023, the average annual growth rate of value from the Netherlands amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (X% per year) and Belgium (X% per year).

Import Prices by Country

The average preserved swine meat cut import price stood at $X per ton in 2023, with an increase of X% against the previous year. Over the period from 2013 to 2023, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2018 an increase of X%. Over the period under review, average import prices hit record highs in 2023 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform