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Report Eastern Asia - Frozen Whole Turkeys - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Feb 1, 2025

Eastern Asia - Frozen Whole Turkeys - Market Analysis, Forecast, Size, Trends and Insights

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Eastern Asia: Frozen Whole Turkey Market 2025

Frozen Whole Turkey Market Size in Eastern Asia

In 2022, after two years of growth, there was significant decline in the East Asian frozen whole turkey market, when its value decreased by -13.7% to $X. In general, consumption showed a noticeable decline. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Frozen Whole Turkey Production in Eastern Asia

In value terms, frozen whole turkey production surged to $X in 2022 estimated in export price. Overall, production, however, faced a abrupt contraction. The growth pace was the most rapid in 2020 with an increase of 1,369%. The level of production peaked at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Hong Kong SAR (X tons) constituted the country with the largest volume of frozen whole turkey production, accounting for 100% of total volume.

In Hong Kong SAR, frozen whole turkey production remained relatively stable over the period from 2012-2022.

Frozen Whole Turkey Exports

Exports in Eastern Asia

In 2022, approx. X tons of frozen whole turkeys were exported in Eastern Asia; dropping by -40% compared with 2021. Over the period under review, exports recorded a precipitous slump. The most prominent rate of growth was recorded in 2021 with an increase of 68%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, frozen whole turkey exports shrank markedly to $X in 2022. In general, exports saw a dramatic curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 117%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Hong Kong SAR represented the key exporting country with an export of around X tons, which recorded 87% of total exports. It was distantly followed by South Korea (X tons), mixing up a 13% share of total exports.

Hong Kong SAR was also the fastest-growing in terms of the frozen whole turkeys exports, with a CAGR of +2.2% from 2012 to 2022. South Korea (-42.6%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Hong Kong SAR increased by +85 percentage points.

In value terms, Hong Kong SAR ($X) remains the largest frozen whole turkey supplier in Eastern Asia, comprising 91% of total exports. The second position in the ranking was taken by South Korea ($X), with an 8.8% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Hong Kong SAR totaled +8.6%.

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2022, jumping by 33% against the previous year. Overall, the export price enjoyed a resilient expansion. The growth pace was the most rapid in 2020 when the export price increased by 128% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while South Korea totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+6.3%).

Frozen Whole Turkey Imports

Imports in Eastern Asia

In 2022, imports of frozen whole turkeys in Eastern Asia declined markedly to X tons, with a decrease of -30.4% on the previous year's figure. Over the period under review, imports continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2016 when imports increased by 66% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, frozen whole turkey imports declined markedly to $X in 2022. Overall, imports showed a perceptible curtailment. The pace of growth was the most pronounced in 2016 when imports increased by 72%. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports failed to regain momentum.

Imports by Country

The countries with the highest levels of frozen whole turkey imports in 2022 were Hong Kong SAR (X tons), Taiwan (Chinese) (X tons) and China (X tons), together finishing at 93% of total import. The following importers - Macao SAR (X tons) and South Korea (X tons) - each recorded a 5.3% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Taiwan (Chinese) (with a CAGR of -1.0%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, the largest frozen whole turkey importing markets in Eastern Asia were Hong Kong SAR ($X), Taiwan (Chinese) ($X) and China ($X), with a combined 90% share of total imports.

Taiwan (Chinese), with a CAGR of +0.0%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per ton, surging by 7.1% against the previous year. Over the last decade, it increased at an average annual rate of +2.6%. The most prominent rate of growth was recorded in 2021 when the import price increased by 14%. Over the period under review, import prices hit record highs in 2022 and is likely to see gradual 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 South Korea ($X per ton), while Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+9.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China constituted the country with the largest volume of frozen whole turkey consumption, accounting for 89% of total volume. Moreover, frozen whole turkey consumption in China exceeded the figures recorded by the second-largest consumer, South Korea, tenfold.
China remains the largest frozen whole turkey producing country in Eastern Asia, accounting for 90% of total volume. Moreover, frozen whole turkey production in China exceeded the figures recorded by the second-largest producer, South Korea, ninefold.
In value terms, South Korea remains the largest frozen whole turkey supplier in Eastern Asia, comprising 73% of total exports. The second position in the ranking was occupied by Hong Kong SAR, with a 22% share of total exports.
In value terms, China, Hong Kong SAR and Taiwan Chinese) appeared to be the countries with the highest levels of imports in 2019, with a combined 82% share of total imports. Japan, South Korea and Macao SAR lagged somewhat behind, together accounting for a further 18%.
In 2019, the frozen whole turkey export price in Eastern Asia amounted to $2,617 per ton, reducing by -2.8% against the previous year.
The frozen whole turkey import price in Eastern Asia stood at $3,182 per ton in 2019, shrinking by -8.4% against the previous year.

This report provides an in-depth analysis of the frozen whole turkey market in Eastern Asia. 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:

  • Prodcom 10122015 - Frozen whole turkeys

Country coverage:

Data coverage:

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

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. 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. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2024
    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
    • China
    • Hong Kong SAR
    • Macao SAR
    • Japan
    • South Korea
    • Taiwan (Chinese)
    • Democratic People's Republic of Korea

  12. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Producing Animals, By Country, 2012-2024
    7. Yield, By Country, 2012-2024
    8. Imports, In Physical Terms, By Country, 2012–2024
    9. Imports, In Value Terms, By Country, 2012–2024
    10. Import Prices, By Country Of Destination, 2012–2024
    11. Exports, In Physical Terms, By Country, 2012–2024
    12. Exports, In Value Terms, By Country, 2012–2024
    13. Export Prices, By Country Of Origin, 2012–2024

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    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, 2012–2024
    19. Production, In Value Terms, 2012–2024
    20. Producing Animals, 2012–2024
    21. Yield, 2012–2024
    22. Production, By Country, 2024
    23. Production, In Physical Terms, By Country, 2012–2024
    24. Producing Animals, By Country, 2024
    25. Producing Animals, By Country, 2012-2024
    26. Yield, By Country, 2012-2024
    27. Imports, In Physical Terms, 2012–2024
    28. Imports, In Value Terms, 2012–2024
    29. Imports, In Physical Terms, By Country, 2024
    30. Imports, In Physical Terms, By Country, 2012–2024
    31. Imports, In Value Terms, By Country, 2012–2024
    32. Import Prices, By Country, 2012–2024
    33. Exports, In Physical Terms, 2012–2024
    34. Exports, In Value Terms, 2012–2024
    35. Exports, In Physical Terms, By Country, 2024
    36. Exports, In Physical Terms, By Country, 2012–2024
    37. Exports, In Value Terms, By Country, 2012–2024
    38. Export Prices, 2012–2024

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