Australia and Oceania: Turkey Meat Market 2025

Turkey Meat Market Size in Australia and Oceania

The turkey meat market in Australia and Oceania expanded markedly to $X in 2022, growing by 5.5% against the previous year. The market value increased at an average annual rate of +3.4% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Turkey Meat Production in Australia and Oceania

In value terms, turkey meat production fell modestly to $X in 2022 estimated in export price. The total production indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +8.2% against 2018 indices. The pace of growth appeared the most rapid in 2015 when the production volume increased by 41%. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Australia (X tons) constituted the country with the largest volume of turkey meat production, comprising approx. 93% of total volume. Moreover, turkey meat production in Australia exceeded the figures recorded by the second-largest producer, New Zealand (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume in Australia stood at -1.3%.

In 2022, the average yield of turkey meat in Australia and Oceania reached X kg per head, approximately mirroring 2021. In general, the yield saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the yield increased by 0.1% against the previous year. As a result, the yield attained the peak level of X kg per head; afterwards, it flattened through to 2022.

In 2022, number of animals slaughtered for turkey meat production in Australia and Oceania reached X heads, leveling off at the year before. Overall, the number of producing animals, however, showed a slight decrease. The pace of growth was the most pronounced in 2017 when the number of producing animals increased by 0.2% against the previous year. Over the period under review, this number reached the peak level at X heads in 2012; however, from 2013 to 2022, producing animals stood at a somewhat lower figure.

Turkey Meat Exports

Exports in Australia and Oceania

Turkey meat exports fell to X tons in 2022, which is down by -11.8% compared with 2021 figures. Over the period under review, exports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2020 when exports increased by 107%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, turkey meat exports amounted to $X in 2022. Overall, exports saw a deep reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 342%. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Australia was the largest exporter of turkey meat in Australia and Oceania, with the volume of exports finishing at X tons, which was approx. 67% of total exports in 2022. It was distantly followed by New Zealand (X tons), mixing up a 29% share of total exports. Fiji (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to turkey meat exports from Australia stood at -21.8%. At the same time, New Zealand (+26.3%) and Fiji (+19.6%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +26.3% from 2012-2022. While the share of New Zealand (+29 p.p.) and Fiji (+2.4 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Australia (-32.1 p.p.) displayed negative dynamics.

In value terms, the largest turkey meat supplying countries in Australia and Oceania were New Zealand ($X), Australia ($X) and Fiji ($X), together accounting for 100% of total exports.

Fiji, with a CAGR of +28.4%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, growing by 26% against the previous year. In general, the export price enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2020 an increase of 113% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Fiji ($X per ton), while Australia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Fiji (+7.3%), while the other leaders experienced more modest paces of growth.

Turkey Meat Imports

Imports in Australia and Oceania

In 2022, overseas purchases of turkey meat were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports recorded a buoyant increase. The pace of growth was the most pronounced in 2017 when imports increased by 44%. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, turkey meat imports skyrocketed to $X in 2022. Overall, imports showed a strong expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 36% against the previous year. The level of import peaked in 2022 and is likely to continue growth in the near future.

Imports by Country

Samoa was the largest importing country with an import of around X tons, which recorded 58% of total imports. New Zealand (X tons) took an 11% share (based on physical terms) of total imports, which put it in second place, followed by French Polynesia (10%), Micronesia (7%) and Tonga (5.5%). Marshall Islands (X tons) and Vanuatu (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to turkey meat imports into Samoa stood at +19.1%. At the same time, New Zealand (+68.5%), Vanuatu (+39.1%) and French Polynesia (+7.6%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +68.5% from 2012-2022. By contrast, Tonga (-1.3%), Marshall Islands (-1.4%) and Micronesia (-4.4%) illustrated a downward trend over the same period. Samoa (+35 p.p.) and New Zealand (+10 p.p.) significantly strengthened its position in terms of the total imports, while Marshall Islands, Tonga and Micronesia saw its share reduced by -4.4%, -8.4% and -17.6% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Samoa ($X) constitutes the largest market for imported turkey meat in Australia and Oceania, comprising 41% of total imports. The second position in the ranking was taken by French Polynesia ($X), with an 18% share of total imports. It was followed by New Zealand, with a 13% share.

In Samoa, turkey meat imports expanded at an average annual rate of +21.0% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: French Polynesia (+6.5% per year) and New Zealand (+86.2% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, approximately reflecting the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the import price increased by 22% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was French Polynesia ($X per ton), while Samoa ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+10.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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