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World - Turkey Meat - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

World - Turkey Meat - Market Analysis, Forecast, Size, Trends And Insights

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Jun 4, 2019

Global Turkey Meat Market 2019 - Key Insights

IndexBox has just published a new report, the World - Turkey Meat - Market Analysis, Forecast, Size, Trends and Insights. Here is a summary of the report's key findings.

The global turkey meat market revenue amounted to $X in 2017, dropping by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, turkey meat consumption continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013, with an increase of X% y-o-y. In that year, the global turkey meat market reached their peak level of $X. From 2014 to 2017, growth of the global turkey meat market failed to regain its momentum.

Turkey Meat Production

In 2017, the global production of turkey meat totaled X tons, approximately equating the previous year. In general, turkey meat production continues to indicate a modest expansion. The pace of growth was the most pronounced in 2016, with an increase of X% against the previous year.

The UK (X tons) constituted the country with the largest volume of turkey meat production, accounting for X% of total production. Moreover, turkey meat production in the UK exceeded the figures recorded by the world's second largest producer, Hungary (X tons), twofold. The third position in this ranking was occupied by Tunisia (X tons), with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of volume in the UK was relatively modest. In the other countries, the average annual rates were as follows: Hungary (-X% per year) and Tunisia (+X% per year).

Global average turkey meat yield stood at X kg per X heads in 2017, therefore, remained relatively stable against the previous year. In general, turkey meat yield continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010, with an increase of X% y-o-y.

Global number of animals slaughtered for turkey meat production totaled X heads in 2017, remaining relatively unchanged against the previous year. In general, turkey meat producing animals continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016, with an increase of X% against the previous year.

Turkey Meat Exports

Exports 2007-2017

In 2017, the amount of turkey meat exported worldwide amounted to X tons, growing by X% against the previous year. The total export volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period.

In value terms, turkey meat exports totaled $X (IndexBox estimates) in 2017. Overall, turkey meat exports continue to indicate a relatively flat trend pattern. Over the period under review, the global turkey meat exports attained its peak figure level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Exports by Country

In 2017, the U.S. (X tons), distantly followed by Poland (X tons), Germany (X tons), Brazil (X tons), France (X tons) and Italy (X tons) represented the key exporters of turkey meat, together generating X% of total exports. The following exporters - Spain (X tons), Hungary (X tons), the UK (X tons), Chile (X tons), Canada (X tons) and the Netherlands (X tons) together made up X% 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 Spain (+X% per year), while the other global leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Poland ($X) and Germany ($X) were the countries with the highest levels of exports in 2017, together comprising X% of global exports. These countries were followed by Italy, Brazil, France, Hungary, Spain, Chile, the UK, the Netherlands and Canada, which together accounted for a further X%.

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

Export Prices by Country

The average turkey meat export price stood at $X per ton in 2017, falling by -X% against the previous year. Overall, turkey meat export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011, an increase of X% y-o-y. Global export price peaked of $X per ton in 2014; however, from 2015 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 Hungary ($X per ton), while Canada ($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 global leaders experienced more modest paces of growth.

Turkey Meat Imports

Imports 2007-2017

In 2017, the global imports of turkey meat amounted to X tons, approximately reflecting the previous year. In general, turkey meat imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2012, when it surged by X% against the previous year. Over the period under review, the global turkey meat imports reached its maximum volume of X tons in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

In value terms, turkey meat imports stood at $X (IndexBox estimates) in 2017. The total import value increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. Over the period under review, the global turkey meat imports attained its peak figure level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Imports by Country

In 2017, Mexico (X tons) and Germany (X tons) were the key importers of turkey meat in the globe, together reaching approx. X% of total imports. It was distantly followed by Saudi Arabia (X tons) and the UK (X tons), together committing X% share of total imports. Benin (X tons), China (X tons), South Africa (X tons), Spain (X tons), Austria (X tons), Belgium (X tons), France (X tons) and Portugal (X tons) held the minor share of total imports.

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

In value terms, Germany ($X), Mexico ($X) and Saudi Arabia ($X) were the countries with the highest levels of imports in 2017, together comprising X% of global imports.

In terms of the main importing countries , Saudi Arabia (+X% per year) recorded the highest growth rate of imports, over the last decade, while the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average turkey meat import price stood at $X per ton in 2017, approximately equating the previous year. In general, turkey meat import price continues to indicate a relatively flat trend pattern.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Austria ($X per ton), while South Africa ($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 China (+X% per year), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global turkey meat market. 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 2030.

Product coverage:

  • FCL 1080 - Turkey meat

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Company coverage:

Butterball, Cargill, Cooper Farms, Dakota Provisions, Farbest Foods, Foster Farms, Hain Pure Protein Corp, Jaindl Turkey Sales, Jennie-O Turkey Store, Koch’s Turkey Farm, Kraft Foods, Norbest, Northern Pride Turkey, Perdue Farms

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 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. 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. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES

  6. 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. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
    3. PRODUCING ANIMALS AND YIELD BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Producing Animals, By Country, 2012-2023
    7. Yield, By Country, 2012-2023
    8. Imports, In Physical Terms, By Country, 2012–2023
    9. Imports, In Value Terms, By Country, 2012–2023
    10. Import Prices, By Country Of Destination, 2012–2023
    11. Exports, In Physical Terms, By Country, 2012–2023
    12. Exports, In Value Terms, By Country, 2012–2023
    13. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Yield And Growth
    12. Exports And Growth
    13. Export Prices And Growth
    14. Market Size And Growth
    15. Per Capita Consumption
    16. Imports And Growth
    17. Import Prices
    18. Production, In Physical Terms, 2012–2023
    19. Production, In Value Terms, 2012–2023
    20. Producing Animals, 2012–2023
    21. Yield, 2012–2023
    22. Production, By Country, 2023
    23. Production, In Physical Terms, By Country, 2012–2023
    24. Producing Animals, By Country, 2023
    25. Producing Animals, By Country, 2012-2023
    26. Yield, By Country, 2012-2023
    27. Imports, In Physical Terms, 2012–2023
    28. Imports, In Value Terms, 2012–2023
    29. Imports, In Physical Terms, By Country, 2023
    30. Imports, In Physical Terms, By Country, 2012–2023
    31. Imports, In Value Terms, By Country, 2012–2023
    32. Import Prices, By Country, 2012–2023
    33. Exports, In Physical Terms, 2012–2023
    34. Exports, In Value Terms, 2012–2023
    35. Exports, In Physical Terms, By Country, 2023
    36. Exports, In Physical Terms, By Country, 2012–2023
    37. Exports, In Value Terms, By Country, 2012–2023
    38. Export Prices, 2012–2023

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