Australia and Oceania: Preserved Turkey Market 2025

Preserved Turkey Market Size in Australia and Oceania

In 2021, after three years of decline, there was growth in the preserved turkey market in Australia and Oceania, when its value increased by 0.5% to $X. Overall, consumption, however, continues to indicate a noticeable decrease. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.

Preserved Turkey Production in Australia and Oceania

In value terms, preserved turkey production dropped modestly to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of 69%. As a result, production reached the peak level of $X. From 2018 to 2021, production growth failed to regain momentum.

Preserved Turkey Exports

Exports in Australia and Oceania

After two years of decline, shipments abroad of prepared or preserved meat or offal of turkeys increased by 799% to X tons in 2021. Over the period under review, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, preserved turkey exports surged to $X in 2021. In general, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Australia represented the key exporting country with an export of about X tons, which reached 83% of total exports. It was distantly followed by New Zealand (X tons), generating a 16% share of total exports.

Australia was also the fastest-growing in terms of the prepared or preserved meat or offal of turkeys exports, with a CAGR of +23.7% from 2012 to 2021. At the same time, New Zealand (+19.3%) displayed positive paces of growth. From 2012 to 2021, the share of Australia increased by +16 percentage points.

In value terms, Australia ($X) emerged as the largest preserved turkey supplier in Australia and Oceania, comprising 88% of total exports. The second position in the ranking was held by New Zealand ($X), with an 11% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Australia stood at +25.7%.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2021, increasing by 33% against the previous year. Export price indicated slight growth from 2012 to 2021: its price increased at an average annual rate of +1.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, preserved turkey export price increased by +52.5% against 2019 indices. The most prominent rate of growth was recorded in 2015 when the export price increased by 52% against the previous year. Over the period under review, the export prices hit record highs in 2021 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Australia ($X per ton), while New Zealand totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+1.7%).

Preserved Turkey Imports

Imports in Australia and Oceania

In 2021, preserved turkey imports in Australia and Oceania totaled X tons, surging by 6.1% compared with the previous year's figure. Overall, imports, however, showed a pronounced descent. The growth pace was the most rapid in 2019 with an increase of 37% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of imports failed to regain momentum.

In value terms, preserved turkey imports reduced sharply to $X in 2021. Over the period under review, imports, however, continue to indicate a noticeable decline. The pace of growth was the most pronounced in 2019 when imports increased by 22%. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

New Caledonia was the key importing country with an import of around X tons, which amounted to 55% of total imports. It was distantly followed by Australia (X tons) and New Zealand (X tons), together mixing up a 40% share of total imports. Micronesia (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Micronesia (with a CAGR of +24.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest preserved turkey importing markets in Australia and Oceania were New Caledonia ($X), Australia ($X) and New Zealand ($X), with a combined 95% share of total imports. These countries were followed by Micronesia, which accounted for a further 3%.

Micronesia, with a CAGR of +22.9%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2021, the import price in Australia and Oceania amounted to $X per ton, declining by -21.4% against the previous year. Overall, the import price continues to indicate a mild decline. The pace of growth appeared the most rapid in 2020 an increase of 17%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Micronesia ($X per ton) and New Zealand ($X per ton), while New Caledonia ($X per ton) and Australia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+0.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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