Report Update Nov 1, 2024

Turkey - Pig Fat - Market Analysis, Forecast, Size, Trends and Insights

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Turkey: Pig Fat Market 2020

Pig Fat Market Size in Turkey

The revenue of the pig fat market in Turkey amounted to $X in 2018, approximately reflecting 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 growth pace was the most rapid in 2008 with an increase of X% y-o-y. Over the period under review, the pig fat market reached its peak figure level at $X in 2012; however, from 2013 to 2018, consumption stood at a somewhat lower figure.

Pig Fat Production in Turkey

In value terms, pig fat production stood at $X in 2018 estimated in export prices. In general, pig fat production, however, continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2018 when production volume increased by X% against the previous year. In that year, pig fat production attained its peak level and is likely to continue its growth in the immediate term.

Pig Fat Exports

Exports from Turkey

Pig fat exports from Turkey totaled X kg in 2018, dropping by -X% against the previous year. In general, pig fat exports continue to indicate a dramatic contraction. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. In that year, pig fat exports attained their peak of X tons. From 2015 to 2018, the growth of pig fat exports failed to regain its momentum.

In value terms, pig fat exports totaled $X in 2018. Over the period under review, pig fat exports continue to indicate a dramatic reduction. The pace of growth was the most pronounced in 2014 when exports increased by X% y-o-y. In that year, pig fat exports reached their peak of $X. From 2015 to 2018, the growth of pig fat exports remained at a lower figure.

Exports by Country

Kuwait (X tons) was the main destination for pig fat exports from Turkey, with a approx. X% share of total exports.

From 2007 to 2018, the average annual growth rate of volume to Kuwait totaled +X%.

In value terms, Kuwait ($X) also remains the key foreign market for pig fat exports from Turkey.

From 2007 to 2018, the average annual rate of growth in terms of value to Kuwait totaled +X%.

Export Prices by Country

In 2018, the average pig fat export price amounted to $X per ton, surging by X% against the previous year. Over the period under review, the pig fat export price continues to indicate strong growth. The pace of growth appeared the most rapid in 2018 when the average export price increased by X% y-o-y. In that year, the average export prices for pig fat reached their peak level and is likely to continue its growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Kuwait.

From 2007 to 2018, the rate of growth in terms of prices for Kuwait amounted to +X% per year.

Pig Fat Imports

Imports into Turkey

Pig fat imports into Turkey amounted to X tons in 2018, going up by X% against the previous year. Over the period under review, pig fat imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2018, imports failed to regain their momentum.

In value terms, pig fat imports totaled $X in 2018. In general, pig fat imports continue to indicate a drastic contraction. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Imports peaked at $X in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, Germany (X tons) constituted the largest pig fat supplier to Turkey, accounting for a X% share of total imports. Moreover, pig fat imports from Germany exceeded the figures recorded by the second-largest supplier, Spain (X tons), eightfold.

From 2007 to 2018, the average annual growth rate of volume from Germany was relatively modest.

In value terms, Germany ($X) constituted the largest supplier of pig fat to Turkey, comprising X% of total pig fat imports. The second position in the ranking was occupied by Spain ($X), with a X% share of total imports.

From 2007 to 2018, the average annual rate of growth in terms of value from Germany was relatively modest.

Import Prices by Country

The average pig fat import price stood at $X per ton in 2018, jumping by X% against the previous year. In general, the pig fat import price, however, continues to indicate a drastic slump. The pace of growth was the most pronounced in 2018 an increase of X% y-o-y. Over the period under review, the average import prices for pig fat reached their peak figure at $X per ton in 2007; however, from 2008 to 2018, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per ton), while the price for Spain stood at $X per ton.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for pig fat in the world?

The countries with the highest volumes of in 2021 were Spain, China and France, with a combined 43% share of global consumption.

What are the largest producers of pig fat in the world?

Spain remains the largest pig fat producing country worldwide, comprising approx. 34% of total volume. Moreover, pig fat production in Spain exceeded the figures recorded by the second-largest producer, Germany, threefold. France ranked third in terms of total production with a 7.6% share.

What are the leading suppliers of pig fat to Turkey?

In value terms, the UK $429) constituted the largest supplier of pig fat to Turkey.

What is the average export price for pig fat in Turkey?

In 2021, the average pig fat export price amounted to $6,000 per ton, approximately reflecting the previous year.

What is the average import price for pig fat in Turkey?

In 2021, the average pig fat import price amounted to $4,638 per ton, declining by -7.6% against the previous year.

This report provides an in-depth analysis of the pig fat 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 2025.

Product coverage:

Prodcom 10115040 - Pig fat free of lean meat, fresh, chilled, frozen, salted, in brine or smoked (excluding rendered)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023