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Red meat

Red meat

Turkey’s Red Meat Export  According to the data of Ankara Commodity Exchange, the price of beef carcass increased by 13.33% in 2020 compared to 2019 and reached an average of 34.52 TL. Beef carcass price, which was 38.31 TL/kg in May 2021, increased by 3.88% compared to the previous month and by 14.77% compared to the same month of the previous year. According to TUIK data, while the average consumer price of beef was 45.64 TL/kg in 2019, it increased by 12.58 percent in 2020 to an average of 51.38 TL/kg. While consumer prices were realized as 56.80 TL/kg in May 2021, they increased by 4.6% compared to the previous month and by 10.8% compared to the same month of the previous year.

It is estimated that economic growth in the livestock sector will decrease in 2020 with the spread of the COVID-19 pandemic all over the world. Most of the beef consumption is provided by hotels, restaurants and other institutions. In addition to the widespread closure of restaurants and food services during the pandemic process, the decrease in tourism and travel, disruptions in transportation, decreased the demand for beef and also affected global trade. Although the continuation of the pandemic process strengthens the expectation that the decrease in beef production and trade will continue, the demand for beef has increased in China and Japan due to the African swine disease experienced in China, and this has alleviated the contraction in global trade by causing these countries to increase their imports.

Turkey, on the other hand, continues to increase its animal and animal production value every year. The value of animal and animal production, which was 259.2 billion TL in 2019, increased by 17.2% in 2020 and reached 303.8 billion TL. 195.2 billion TL of this value is livestock, 108.6 billion TL is animal product value. Turkey’s cattle value increased by 11.3% in 2020 compared to the previous year and reached 125.59 billion TL. Total red meat production value increased by 6.75% and reached 40.72 billion TL.

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