Report Update Nov 1, 2024

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

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Finland: Frozen Whole Turkey Market 2024

Frozen Whole Turkey Market Size in Finland

In 2022, the Finnish frozen whole turkey market increased by 92% to $X, rising for the second year in a row after two years of decline. In general, consumption saw a significant expansion. Frozen whole turkey consumption peaked in 2022 and is expected to retain growth in the immediate term.

Frozen Whole Turkey Production in Finland

In value terms, frozen whole turkey production expanded significantly to $X in 2022 estimated in export price. Overall, the total production indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +5.6% 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 +105.1% against 2016 indices. The pace of growth appeared the most rapid in 2013 when the production volume increased by 68%. Frozen whole turkey production peaked in 2022 and is likely to see gradual growth in years to come.

Frozen Whole Turkey Exports

Exports from Finland

In 2022, approx. X kg of frozen whole turkeys were exported from Finland; waning by -89.9% compared with 2021. Over the period under review, exports continue to indicate a sharp setback. The exports peaked at X kg in 2021, and then contracted rapidly in the following year.

In value terms, frozen whole turkey exports soared to $X in 2022. In general, exports, however, showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Hong Kong SAR (X kg) and Estonia (X kg) were the main destinations of frozen whole turkey exports from Finland.

From 2021 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hong Kong SAR (with a CAGR of 0.0%).

In value terms, the largest markets for frozen whole turkey exported from Finland were Hong Kong SAR ($X) and Estonia ($X).

Among the main countries of destination, Estonia, with a CAGR of +21.4%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2022, the average frozen whole turkey export price amounted to $X per ton, with an increase of 3,507% against the previous year. In general, the export price posted significant growth. 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 Hong Kong SAR ($X per ton), while the average price for exports to Estonia totaled $X per ton.

From 2021 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+2,591.2%).

Frozen Whole Turkey Imports

Imports into Finland

In 2022, supplies from abroad of frozen whole turkeys increased by 106% to X tons, rising for the second consecutive year after two years of decline. In general, imports showed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 306%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in years to come.

In value terms, frozen whole turkey imports soared to $X in 2022. Overall, imports posted a significant increase. The growth pace was the most rapid in 2018 when imports increased by 358%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of frozen whole turkey to Finland, accounting for a 65% share of total imports. Moreover, frozen whole turkey imports from Germany exceeded the figures recorded by the second-largest supplier, Poland (X tons), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany stood at +56.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+208.5% per year) and France (-7.3% per year).

In value terms, the largest frozen whole turkey suppliers to Finland were Germany ($X), Poland ($X) and France ($X), with a combined 99% share of total imports.

In terms of the main suppliers, Poland, with a CAGR of +179.9%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average frozen whole turkey import price amounted to $X per ton, with a decrease of -7.5% against the previous year. In general, the import price showed a abrupt setback. The growth pace was the most rapid in 2017 when the average import price increased by 28% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 France ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+1.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen whole turkeys in the world?

China remains the largest frozen whole turkey consuming country worldwide, accounting for 20% of total volume. Moreover, frozen whole turkey consumption in China exceeded the figures recorded by the second-largest consumer, the U.S., twofold. The third position in this ranking was occupied by India, with a 8.2% share.

What are the largest producers of frozen whole turkeys in the world?

The countries with the highest volumes of frozen whole turkey production in 2019 were the U.S., China and India, together comprising 49% of global production. These countries were followed by France, Pakistan, Germany, Brazil, Canada, the UK, Italy, Turkey, Spain and South Korea, which together accounted for a further 32%.

What are the leading suppliers of frozen whole turkeys to Finland?

In value terms, Estonia constituted the largest supplier of frozen whole turkey to Finland, comprising 61% of total imports. The second position in the ranking was occupied by Poland, with a 26% share of total imports.

What are the leading importers of frozen whole turkeys from Finland?

In value terms, Estonia $310) remains the key foreign market for frozen whole turkey exports from Finland, comprising 94% of total exports. The second position in the ranking was occupied by Latvia $19), with a 5.7% share of total exports.

What is the average export price for frozen whole turkeys in Finland?

The average frozen whole turkey export price stood at $2,912 per ton in 2019, falling by -47.3% against the previous year.

What is the average import price for frozen whole turkeys in Finland?

The average frozen whole turkey import price stood at $3,201 per ton in 2019, standing approx. at the previous year.

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

Finland

Data coverage:

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