Turkey: Beef Market 2020

Beef Market Size in Turkey

The revenue of the beef market in Turkey amounted to $X in 2017, growing by X% against the previous year. Overall, beef consumption continues to indicate a skyrocketing growth. The most prominent rate of growth was recorded in 2010, when market value increased by X% against the previous year. Turkey beef consumption peaked of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Beef Production in Turkey

Beef production in Turkey stood at X kg in 2017, remaining constant against the previous year. Overall, beef production continues to indicate a relatively flat trend pattern. Beef output in Turkey indicated a relatively flat trend pattern, which was largely conditioned by a relatively flat trend pattern of the producing animals and a conspicuous increase in yield figures.

Average yield of beef (cattle meat) in Turkey amounted to X kg per head in 2017, going down by -X% against the previous year. In general, beef yield continues to indicate a conspicuous increase. The pace of growth appeared the most rapid in 2012, when it surged by X% y-o-y. In that year, the beef yield reached their peak level of X kg per head. From 2013 to 2017, growth of the beef yield stood at a somewhat lower level.

In 2017, producing animals of beef (cattle meat) in Turkey totaled X head, coming down by -X% against the previous year. Overall, beef producing animals continues to indicate a remarkable growth. The pace of growth was the most pronounced in 2010, when it surged by X% against the previous year. Turkey beef producing animals peaked of X heads in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Beef Exports from Turkey

In 2017, beef exports from Turkey stood at X tons, jumping by X% against the previous year. In general, beef exports continue to indicate a strong expansion. The pace of growth was the most pronounced in 2016, when exports increased by X% against the previous year. Turkey exports peaked of X tons in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

In value terms, beef exports totaled $X in 2017. Overall, the total exports indicated a temperate growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the beef exports increased by +X% against 2014 indices. Over the period under review, the beef exports reached its maximum level of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Beef Exports by Country from Turkey

The exports of the four major exporters of beef (cattle meat), namely India, Brazil, Australia and the U.S., represented more than half of total export. The Netherlands (X tons), New Zealand (X tons), Poland (X tons), Ireland (X tons), Paraguay (X tons), Canada (X tons), Uruguay (X tons) and Argentina (X tons) occupied the weak share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by India (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Australia ($X) and Brazil ($X) were the countries with the highest levels of exports in 2017, together accounting for X% of total exports. These countries were followed by India, the Netherlands, Ireland, New Zealand, Canada, Poland, Uruguay, Argentina, Paraguay and Turkey, which together accounted for a further X%.

India (+X% per year) experienced the highest growth rate of exports, among the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Beef Export Prices by Country in Turkey

The beef export price in Turkey stood at $X per ton in 2017, coming up by X% against the previous year. Overall, beef export price continues to indicate a significant decrease. The most prominent rate of growth was recorded in 2013, when the export prices increased by X% year-to-year. Turkey export price peaked of $X per ton in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was the U.S. ($X per ton), while India ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the U.S. (+X% per year), while the other leaders experienced more modest paces of growth.

Beef Imports into Turkey

In 2017, approx. X tons of beef (cattle meat) were imported into Turkey; shrinking by -X% against the previous year. Overall, beef imports continue to indicate a strong growth. The pace of growth appeared the most rapid in 2014, with an increase of X% year-to-year. Turkey imports peaked of X tons in 2016, and then declined slightly in the following year.

In value terms, beef imports amounted to $X in 2017. Overall, beef imports continue to indicate a strong expansion. Turkey imports peaked of $X in 2016, and then declined slightly in the following year.

Beef Imports by Country into Turkey

The U.S. (X tons), Vietnam (X tons), China (X tons), Japan (X tons), China, Hong Kong SAR (X tons), Italy (X tons), South Korea (X tons), the Netherlands (X tons), Germany (X tons), Egypt (X tons), Russia (X tons) and the UK (X tons) represented roughly X% of total imports of beef (cattle meat) in 2017.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Vietnam (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), China ($X) and Japan ($X) were the countries with the highest levels of imports in 2017, with a combined X% share of total imports. These countries were followed by Vietnam, South Korea, Germany, Italy, China, Hong Kong SAR, the Netherlands, the UK, Russia, Egypt and Turkey, which together accounted for a further X%.

Vietnam (+X% per year) recorded the highest rates of growth with regard to imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Beef Import Prices by Country in Turkey

In 2017, the beef import price in Turkey amounted to $X per ton, coming up by X% against the previous year. In general, beef import price continues to indicate a pronounced decline. The pace of growth appeared the most rapid in 2008, when it surged by X% against the previous year. In that year, the import prices for beef (cattle meat) attained their peak level of $X per ton. From 2009 to 2017, growth of the import prices for beef (cattle meat) failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Germany ($X per ton), while Egypt ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the U.S. (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform