Argentina: Turkey Meat Market 2025

Turkey Meat Market Size in Argentina

The Argentinian turkey meat market expanded modestly to $X in 2022, growing by 1.9% against the previous year. Over the period under review, consumption, however, continues to indicate a pronounced shrinkage. Turkey meat consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Turkey Meat Production in Argentina

In value terms, turkey meat production rose modestly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a perceptible curtailment. The pace of growth appeared the most rapid in 2018 when the production volume increased by 16%. Turkey meat production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

The average yield of turkey meat in Argentina stood at X kg per head in 2022, approximately reflecting the previous year's figure. Over the period under review, the yield recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 4.1% against the previous year. Over the period under review, the average turkey meat yield hit record highs in 2022 and is likely to see steady growth in the immediate term.

The number of animals slaughtered for turkey meat production in Argentina reached X heads in 2022, remaining relatively unchanged against the previous year. Overall, the number of producing animals, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the number of producing animals increased by 2.2% against the previous year. As a result, the number of producing animals reached the peak level of X heads. From 2014 to 2022, the growth of this number remained at a lower figure.

Turkey Meat Exports

Exports from Argentina

In 2022, shipments abroad of turkey meat decreased by -19.2% to X tons for the first time since 2017, thus ending a four-year rising trend. In general, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 173% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2021, and then reduced sharply in the following year.

In value terms, turkey meat exports contracted sharply to $X in 2022. Overall, exports, however, saw a significant increase. The growth pace was the most rapid in 2018 when exports increased by 216%. Over the period under review, the exports attained the maximum at $X in 2021, and then declined significantly in the following year.

Exports by Country

Chile (X tons) was the main destination for turkey meat exports from Argentina, accounting for a 87% share of total exports. Moreover, turkey meat exports to Chile exceeded the volume sent to the second major destination, Angola (X tons), tenfold. The third position in this ranking was held by South Africa (X tons), with a 2.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Chile totaled +19.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Angola (+18.2% per year) and South Africa (+9.8% per year).

In value terms, Chile ($X) remains the key foreign market for turkey meat exports from Argentina, comprising 81% of total exports. The second position in the ranking was taken by Angola ($X), with an 11% share of total exports. It was followed by South Africa, with a 4.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Chile stood at +24.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Angola (+20.6% per year) and South Africa (+28.4% per year).

Export Prices by Country

In 2022, the average turkey meat export price amounted to $X per ton, falling by -5.5% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by 17%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Qatar ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+17.0%), while the prices for the other major destinations experienced more modest paces of growth.

Turkey Meat Imports

Imports into Argentina

In 2022, imports of turkey meat into Argentina dropped modestly to X tons, falling by -2.7% on 2021. Over the period under review, imports recorded a deep contraction. The growth pace was the most rapid in 2021 with an increase of 87% against the previous year. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, turkey meat imports surged to $X in 2022. In general, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 133%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Brazil (X tons) was the main turkey meat supplier to Argentina, with a approx. 99.9% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Brazil totaled -13.6%.

In value terms, Brazil ($X) constituted the largest supplier of turkey meat to Argentina.

From 2012 to 2022, the average annual rate of growth in terms of value from Brazil amounted to -8.9%.

Import Prices by Country

The average turkey meat import price stood at $X per ton in 2022, increasing by 19% against the previous year. Over the period under review, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, turkey meat import price increased by +47.4% against 2020 indices. The pace of growth appeared the most rapid in 2017 an increase of 44% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for Brazil.

From 2012 to 2022, the rate of growth in terms of prices for Chile amounted to +6.4% per year.

Source: IndexBox Platform

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