Price for Fresh or Chilled Whole Turkey in Serbia - 2023
Contents:
- Price for Fresh or Chilled Whole Turkey in Serbia (CIF) - 2022
- Imports of Fresh or Chilled Whole Turkey in Serbia
Price for Fresh or Chilled Whole Turkey in Serbia (CIF) - 2022
In 2022, the average import price for fresh or chilled whole turkeys amounted to $4,013 per ton, rising by 3.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.0%. The pace of growth appeared the most rapid in 2018 when the average import price increased by 22% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Croatia ($4,453 per ton), while the price for Slovenia ($2,939 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Fresh or Chilled Whole Turkey in Serbia
In 2022, purchases abroad of fresh or chilled whole turkeys decreased by -0.4% to 91 tons, falling for the second consecutive year after two years of growth. Over the period under review, total imports indicated a prominent expansion 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 decreased by -3.1% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 64% against the previous year. As a result, imports attained the peak of 94 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, fresh or chilled whole turkey imports totaled $367K in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -0.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 74%. As a result, imports reached the peak of $367K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Fresh or Chilled Whole Turkey in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Croatia | 125 | 242 | 201 | 179 | 12.7% |
| Italy | 63.3 | 99.2 | 124 | 147 | 32.4% |
| Slovenia | 15.7 | 25.6 | 31.2 | 40.1 | 36.7% |
| Others | 6.2 | N/A | N/A | N/A | 0% |
| Total | 211 | 367 | 356 | 367 | 20.3% |
Top Suppliers of Fresh or Chilled Whole Turkey to Serbia in 2022:
- Croatia (40.2 tons)
- Italy (37.5 tons)
- Slovenia (13.7 tons)
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