Estonia: Turkey Meat Market 2025

Turkey Meat Market Size in Estonia

In 2022, the Estonian turkey meat market increased by 15% to $X, rising for the second year in a row after two years of decline. Overall, the total consumption indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +31.1% against 2020 indices. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Turkey Meat Exports

Exports from Estonia

In 2022, approx. X tons of turkey meat were exported from Estonia; surging by 2.8% compared with the previous year. Overall, exports saw significant growth. The pace of growth appeared the most rapid in 2013 when exports increased by 84%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, turkey meat exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate significant growth. The growth pace was the most rapid in 2013 with an increase of 97% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

Exports by Country

Finland (X tons) was the main destination for turkey meat exports from Estonia, accounting for a 83% share of total exports. Moreover, turkey meat exports to Finland exceeded the volume sent to the second major destination, Germany (X tons), eightfold. Lithuania (X tons) ranked third in terms of total exports with a 4.4% share.

From 2012 to 2022, the average annual growth rate of volume to Finland totaled +37.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+8.7% per year) and Lithuania (+20.9% per year).

In value terms, Finland ($X) remains the key foreign market for turkey meat exports from Estonia, comprising 85% of total exports. The second position in the ranking was held by Germany ($X), with an 11% share of total exports. It was followed by Latvia, with a 2.2% share.

From 2012 to 2022, the average annual growth rate of value to Finland totaled +38.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+24.9% per year) and Latvia (+14.1% per year).

Export Prices by Country

The average turkey meat export price stood at $X per ton in 2022, rising by 41% against the previous year. Overall, export price indicated a prominent expansion 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 export price increased by +18.3% against 2019 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Lithuania ($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 Germany (+14.8%), while the prices for the other major destinations experienced more modest paces of growth.

Turkey Meat Imports

Imports into Estonia

In 2022, turkey meat imports into Estonia dropped modestly to X tons, waning by -3.9% compared with 2021. In general, imports, however, posted buoyant growth. The pace of growth appeared the most rapid in 2018 when imports increased by 78%. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, turkey meat imports soared to $X in 2022. Overall, imports, however, continue to indicate prominent growth. The most prominent rate of growth was recorded in 2018 when imports increased by 43%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, Poland (X tons) constituted the largest turkey meat supplier to Estonia, accounting for a 69% share of total imports. Moreover, turkey meat imports from Poland exceeded the figures recorded by the second-largest supplier, Finland (X tons), fourfold. The third position in this ranking was taken by Lithuania (X tons), with a 4.6% share.

From 2012 to 2022, the average annual growth rate of volume from Poland totaled +17.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Finland (+4.4% per year) and Lithuania (-12.8% per year).

In value terms, Poland ($X) constituted the largest supplier of turkey meat to Estonia, comprising 74% of total imports. The second position in the ranking was held by Finland ($X), with a 12% share of total imports. It was followed by Lithuania, with a 5.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Poland stood at +21.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Finland (+13.2% per year) and Lithuania (-10.2% per year).

Import Prices by Country

The average turkey meat import price stood at $X per ton in 2022, with an increase of 36% against the previous year. Over the period under review, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +3.4% 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 +34.8% against 2019 indices. The pace of growth was the most pronounced in 2019 when the average import price increased by 52% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Denmark ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform