Finland: Turkey Meat Market 2025

Turkey Meat Market Size in Finland

In 2022, the Finnish turkey meat market increased by 5.5% to $X, rising for the sixth year in a row after four years of decline. Overall, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2012; afterwards, it flattened through to 2022.

Turkey Meat Production in Finland

In value terms, turkey meat production contracted to $X in 2022 estimated in export price. Overall, production continues to indicate a mild reduction. The growth pace was the most rapid in 2017 with an increase of 52% against the previous year. Turkey meat production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

The average yield of turkey meat in Finland was estimated at X kg per head in 2022, standing approx. at the previous year. In general, the yield showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the yield increased by 3.2% against the previous year. Over the period under review, the average turkey meat yield attained the peak level in 2022 and is expected to retain growth in years to come.

The number of animals slaughtered for turkey meat production in Finland shrank slightly to X heads in 2022, approximately mirroring the year before. In general, the number of producing animals showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of 6.5% against the previous year. Over the period under review, this number hit record highs at X heads in 2021, and then declined modestly in the following year.

Turkey Meat Exports

Exports from Finland

In 2022, the amount of turkey meat exported from Finland soared to X tons, picking up by 29% compared with 2021 figures. In general, total exports indicated modest growth from 2012 to 2022: its volume increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +112.6% against 2018 indices. The most prominent rate of growth was recorded in 2019 when exports increased by 60%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, turkey meat exports skyrocketed to $X in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 104%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Estonia (X tons), Benin (X tons) and Lithuania (X tons) were the main destinations of turkey meat exports from Finland, together accounting for 68% of total exports. Congo, Latvia, Germany, Ukraine, Poland and Gabon lagged somewhat behind, together accounting for a further 24%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +883.8%), while the other leaders experienced more modest paces of growth.

In value terms, Estonia ($X) remains the key foreign market for turkey meat exports from Finland, comprising 39% of total exports. The second position in the ranking was held by Lithuania ($X), with a 14% share of total exports. It was followed by Benin, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Estonia amounted to +10.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (+5.1% per year) and Benin (+17.7% per year).

Export Prices by Country

The average turkey meat export price stood at $X per ton in 2022, with an increase of 5.1% against the previous year. Overall, the export price, however, showed a pronounced curtailment. The growth pace was the most rapid in 2017 when the average export price increased by 38%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Benin ($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 (+20.4%), while the prices for the other major destinations experienced more modest paces of growth.

Turkey Meat Imports

Imports into Finland

In 2022, approx. X tons of turkey meat were imported into Finland; jumping by 46% on the previous year's figure. In general, total imports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +94.7% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, turkey meat imports skyrocketed to $X in 2022. Over the period under review, total imports indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.8% against 2020 indices. The most prominent rate of growth was recorded in 2014 when imports increased by 46%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

Imports by Country

Germany (X tons) and Poland (X tons) were the main suppliers of turkey meat imports to Finland.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +19.3%).

In value terms, Germany ($X) and Poland ($X) appeared to be the largest turkey meat suppliers to Finland.

In terms of the main suppliers, Germany, with a CAGR of +16.1%, recorded the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2022, the average turkey meat import price amounted to $X per ton, with a decrease of -7.9% against the previous year. In general, the import price showed a mild curtailment. The most prominent rate of growth was recorded in 2019 an increase of 27% against the previous year. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($X per ton), while the price for Germany stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+0.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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