What is the price of tallow fat per kilogram/pound in Turkey today?
The retail price range for Turkey tallow fat is between US$ 5.82 and US$ 12.62 per kilogram or between US$ 2.64 and US$ 5.72 per pound(lb). Click here to see today's exact prices of tallow fat in Turkey
The retail price range in Turkish Lira for tallow fat is between TRY 115.29 and TRY 250.02 per kilogram or between TRY 52.29 and TRY 113.39 per pound(lb) in Ankara and Istanbul.
Wholesale prices
In 2024, the approximate wholesale price range for Turkey tallow fat is between US$ 4.07 and US$ 8.83 per kilogram or between US$ 1.85 and US$ 4.01 per pound(lb).
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Turkey Tallow Fat Export Prices - Historical, Trends and Prediction
The export price per kilogram of Tallow Fat from Turkey over the last five years has been quite varied. In 2017, the price was $1.00, followed by a sharp increase to $6.50 in 2018. The price then dropped to $0.63 in 2019 and further decreased to $0.40 in 2020. In 2021, the price rose to $0.81 and then increased again to $1.20 in 2022. Based on this data, it is likely that the export price per kilogram of Tallow Fat from Turkey will remain around $1.00 in 2023 and 2024.The tallow fat exports from Turkey are categorised as:
- Tallow of bovine animals, sheep or goats (excluding oil and oleostearin) (HS code 150210)
- Fats of bovine animals, sheep or goats (excluding lard stearin, lard oil, oleostearin, oleooil and tallow oil, not emulsified or mixed or otherwise prepared) (HS code 150200)
- Fats of bovine animals, sheep or goats (excluding tallow, oleostearin and oleo-oil) (HS code 150290)
Turkey Tallow Fat Import Prices - Historical, Trends and Prediction
The import price per kilogram of Tallow Fat into Turkey over the last five years has been quite varied. In 2017, the price was $1.00, followed by a sharp increase to $6.50 in 2018. This was followed by a decrease to $0.63 in 2019 and then a further decrease to $0.40 in 2020. The price then increased to $0.81 in 2021 and then to $1.20 in 2022. Looking ahead, it is likely that the price of Tallow Fat will remain relatively stable in the next two years. We predict that the price will be $0.81 in 2023 and $1.20 in 2024.Export values for Turkey tallow fat
The total values in export for tallow fat in Turkey were US$ 145, US$ 1, US$ 13 and US$ 322 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Meat category in Turkey: Pork, Mutton, Goat Meat, Horse Meat, Chicken Meat, Turkey Meat, Duck Meat, Geese Meat, Guinea Fowls Meat & Rabbit Meat.
See prices of tallow fat in other countries across Middle East: Bahrain tallow fat, Cyprus tallow fat, Iraq tallow fat, Israel tallow fat, Jordan tallow fat, Kuwait tallow fat, Lebanon tallow fat, Palestine tallow fat, Oman tallow fat & Qatar tallow fat.
Turkey tallow fat - Production, Exports, Imports, Seasons and HS Codes
The volume of tallow fat sold by Turkey in 2020 was 188 tons. In 2019 Turkey exported 511 tonnes of tallow fat. For 2019 alone, the market for Turkey tallow fat (meat category) has increased, changing by 25450 % compared to the year 2018. Between 2017 and 2019, tallow fat's exports went up by 51000 pc netting Turkey US$0.32m for the year 2019. Turkey's tallow fat exports are categorised as:
- Fats of bovine animals, sheep or goats (excluding lard stearin, lard oil, oleostearin, oleooil and tallow oil, not emulsified or mixed or otherwise prepared) (HS code 150200)
- Tallow of bovine animals, sheep or goats (excluding oil and oleostearin) (HS code 150210)
- Fats of bovine animals, sheep or goats (excluding tallow, oleostearin and oleo-oil) (HS code 150290)
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Turkey tallow fat export values
In 2019, Turkey exported tallow fat costing 0.32m USD, a growth of 2,361.54% from 2018's total tallow fat export of 0.013m USD. The yearly increase in value of Turkey tallow fat between 2017 to 2018 was 1200%.
The per year change in the quantity of Turkey's tallow fat exports between 2017 and 2019 was 51000 percent in comparison to a variation of 25450% in the period between 2018 and 2019.
Turkey's share of the world's total tallow fat's exports in 2019 was less than 1%. Turkey holds number 44 in world exports of tallow fat.
Export markets for Turkey tallow fat ( in '000$ )
Turkey's leading export markets for tallow fat are Uzbekistan, Syria, Guinea, Oman and Kuwait.
Import/Export Trends
Turkey is a net exporter of tallow fat. The annual growth of Turkey tallow fat in value between 2015 to 2019 was 15%, per annum, while annual growth in quantity for the same period was 14%, per annum.
Turkey ordered 10,693 tonnes of tallow fat in 2019.