CIS: Frozen Turkey Cut Market 2021

Frozen Turkey Cut Market Size in CIS

In 2019, the CIS frozen turkey cut market was finally on the rise to reach $X for the first time since 2016, thus ending a two-year declining trend. Overall, consumption showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the market value increased by X% year-to-year. The level of consumption peaked at $X in 2014; however, from 2015 to 2019, consumption remained at a lower figure.

Frozen Turkey Cut Production in CIS

In value terms, frozen turkey cut production expanded sharply to $X in 2019 estimated in export prices. The total production indicated strong growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when the production volume increased by X% y-o-y. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2019, production failed to regain the momentum.

Russia (X tons) constituted the country with the largest volume of frozen turkey cut production, comprising approx. X% of total volume. Moreover, frozen turkey cut production in Russia exceeded the figures recorded by the second-largest producer, Kazakhstan (X tons), sixfold.

In Russia, frozen turkey cut production expanded at an average annual rate of +X% over the period from 2007-2019. In the other countries, the average annual rates were as follows: Kazakhstan (+X% per year) and Armenia (+X% per year).

Production By Country in CIS

The country with the largest volume of frozen turkey cut production was Russia (X tons), comprising approx. X% of total volume. Moreover, frozen turkey cut production in Russia exceeded the figures recorded by the second-largest producer, Kazakhstan (X tons), sixfold.

From 2007 to 2019, the average annual rate of growth in terms of volume in Russia totaled +X%. The remaining producing countries recorded the following average annual rates of production growth: Kazakhstan (+X% per year) and Armenia (+X% per year).

Frozen Turkey Cut Exports

Exports in CIS

In 2019, frozen turkey cut exports in the CIS totaled X tons, rising by X% on the previous year's figure. Over the period under review, exports saw significant growth. The pace of growth was the most pronounced in 2017 with an increase of X% y-o-y. Over the period under review, exports hit record highs in 2019 and are expected to retain growth in the near future.

In value terms, frozen turkey cut exports surged to $X in 2019. In general, exports recorded a remarkable increase. The most prominent rate of growth was recorded in 2017 when exports increased by X% y-o-y. Over the period under review, exports hit record highs in 2019 and are likely to see steady growth in years to come.

Exports by Country

The shipments of the two major exporters of frozen cuts of turkey, namely Russia and Kazakhstan, represented more than two-thirds of total export.

From 2007 to 2019, the biggest increases were in Russia (+X% per year).

In value terms, the largest frozen turkey cut supplying countries in the CIS were Kazakhstan ($X) and Russia ($X), together comprising X% of total exports.

Russia (+X% per year) recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

In 2019, the frozen turkey cut export price in the CIS amounted to $X per ton, growing by X% against the previous year. Overall, the export price, however, saw a deep slump. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. The level of export peaked at $X per ton in 2007; however, from 2008 to 2019, export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2019, the country with the highest price was Kazakhstan ($X per ton), while Russia amounted to $X per ton.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Russia.

Frozen Turkey Cut Imports

Imports in CIS

After two years of decline, purchases abroad of frozen cuts of turkey increased by X% to X tons in 2019. Overall, imports, however, recorded a abrupt curtailment. Over the period under review, imports hit record highs at X tons in 2007; however, from 2008 to 2019, imports stood at a somewhat lower figure.

In value terms, frozen turkey cut imports surged to $X in 2019. Over the period under review, imports, however, saw a abrupt slump. Over the period under review, imports reached the maximum at $X in 2008; however, from 2009 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, Azerbaijan (X tons) represented the key importer of frozen cuts of turkey, comprising X% of total imports. Russia (X tons) took a X% share (based on tons) of total imports, which put it in second place, followed by Moldova (X%), Tajikistan (X%) and Belarus (X%). Kazakhstan (X tons) followed a long way behind the leaders.

Azerbaijan was also the fastest-growing in terms of the frozen cuts of turkey imports, with a CAGR of +X% from 2007 to 2019. At the same time, Moldova (+X%) and Tajikistan (+X%) displayed positive paces of growth. Kazakhstan experienced a relatively flat trend pattern. By contrast, Belarus (-X%) and Russia (-X%) illustrated a downward trend over the same period. From 2007 to 2019, the share of Azerbaijan, Moldova, Tajikistan, Belarus and Kazakhstan increased by +X%, +X%, +X%, +X% and +X% percentage points, while Russia (-X p.p.) saw their share reduced.

In value terms, Russia ($X) constitutes the largest market for imported frozen cuts of turkey in the CIS, comprising X% of total imports. The second position in the ranking was occupied by Azerbaijan ($X), with a X% share of total imports. It was followed by Moldova, with a X% share.

In Russia, frozen turkey cut imports shrank by an average annual rate of -X% over the period from 2007-2019. The remaining importing countries recorded the following average annual rates of imports growth: Azerbaijan (+X% per year) and Moldova (+X% per year).

Import Prices by Country

In 2019, the frozen turkey cut import price in the CIS amounted to $X per ton, rising by X% against the previous year. Overall, the import price, however, continues to indicate a slight decrease. The most prominent rate of growth was recorded in 2008 when the import price increased by X% year-to-year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2019, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Russia ($X per ton), while Tajikistan ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Russia, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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