Report Update Nov 1, 2024

Ethiopia - Turkey Meat - Market Analysis, Forecast, Size, Trends and Insights

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Ethiopia: Turkey Meat Market 2024

Turkey Meat Market Size in Ethiopia

In 2022, the Ethiopian turkey meat market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption saw a resilient increase. Turkey meat consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Turkey Meat Exports

Exports from Ethiopia

Turkey meat exports from Ethiopia stood at X tons in 2020, standing approx. at the previous year. Over the period under review, exports continue to indicate significant growth. The smallest decline of 99.9% was in 2016. Over the period under review, the exports hit record highs in 2020 and are likely to see steady growth in years to come.

In value terms, turkey meat exports amounted to $X in 2020. Overall, exports continue to indicate significant growth. The smallest decline of 99.9% was in 2016. The exports peaked in 2020 and are likely to continue growth in the near future.

Exports by Country

Qatar (X tons) was the main destination for turkey meat exports from Ethiopia, accounting for a approx. 100% share of total exports.

From 2015 to 2020, the average annual growth rate of volume to Qatar was relatively modest.

From 2015 to 2020, the average annual growth rate of value to Qatar was relatively modest.

Export Prices by Country

In 2020, the average turkey meat export price amounted to $X per ton, standing approx. at the previous year. Overall, the export price saw significant growth. The pace of growth was the most pronounced in 2016 when the average export price decreased by 99.9% against the previous year. The export price peaked in 2020 and is likely to see steady growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Qatar.

From 2015 to 2020, the rate of growth in terms of prices for Qatar amounted to 0.0% per year.

Turkey Meat Imports

Imports into Ethiopia

In 2022, overseas purchases of turkey meat were finally on the rise to reach X tons after two years of decline. Over the period under review, imports posted a buoyant increase. The most prominent rate of growth was recorded in 2018 with an increase of 309% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, turkey meat imports skyrocketed to $X in 2022. In general, imports showed a prominent increase. The pace of growth appeared the most rapid in 2018 with an increase of 501% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Ukraine (X tons) was the main turkey meat supplier to Ethiopia, with a 96% share of total imports. It was followed by the United States (X kg), with a 1.8% share of total imports. The United Arab Emirates (X kg) ranked third in terms of total imports with a 1.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Ukraine amounted to +53.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-16.1% per year) and the United Arab Emirates (-24.8% per year).

In value terms, Ukraine ($X) constituted the largest supplier of turkey meat to Ethiopia, comprising 92% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 4% share of total imports. It was followed by the United States, with a 2.3% share.

From 2012 to 2022, the average annual growth rate of value from Ukraine amounted to +41.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (-16.7% per year) and the United States (-10.0% per year).

Import Prices by Country

In 2022, the average turkey meat import price amounted to $X per ton, waning by -15.3% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 47%. Over the period under review, average import prices attained the peak figure at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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 the United Arab Emirates ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+30.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

This report provides an in-depth analysis of the turkey meat market in Ethiopia. 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:

FCL 1080 - Turkey meat

Country coverage:

Ethiopia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ethiopia
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Producing Animals Slaughtered, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023