Madagascar: Turkey Meat Market 2020

Turkey Meat Market Size in Madagascar

The revenue of the turkey meat market in Madagascar amounted to $X in 2018, growing by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2016 with an increase of X% year-to-year. Madagascar turkey meat consumption peaked at $X in 2009; however, from 2010 to 2018, consumption remained at a lower figure.

Turkey Meat Production in Madagascar

In value terms, turkey meat production amounted to $X in 2018 estimated in export prices. In general, the total output indicated a modest increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, turkey meat production increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Madagascar turkey meat production peaked at $X in 2009; however, from 2010 to 2018, production failed to regain its momentum.

In 2018, the average yield of turkey meat in Madagascar stood at X kg per X heads, leveling off at the previous year. Overall, the turkey meat yield continues to indicate a relatively flat trend pattern. Over the period under review, the turkey meat yield attained its peak figure level at X kg per X heads in 2007; afterwards, it flattened through to 2018.

In 2018, approx. X heads of animals slaughtered for turkey meat production in Madagascar; leveling off at the previous year. This number increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being observed over the period under review. The growth pace was the most rapid in 2008 when the number of producing animals increased by X% y-o-y. The global number of animals slaughtered for turkey meat production peaked in 2018 and is expected to retain its growth in the near future.

Turkey Meat Exports

Exports from Madagascar

In 2018, the exports of turkey meat from Madagascar totaled X kg, remaining constant against the previous year. Over the period under review, turkey meat exports continue to indicate a dramatic downturn. Over the period under review, turkey meat exports attained their maximum at X kg in 2009; however, from 2010 to 2018, exports remained at a lower figure.

In value terms, turkey meat exports totaled $X in 2018. Overall, turkey meat exports continue to indicate a sharp descent. Over the period under review, turkey meat exports reached their peak figure at $X in 2009; however, from 2010 to 2018, exports stood at a somewhat lower figure.

Exports by Country

The U.S. (X tons) and Poland (X tons) represented the key exporters of turkey meat in 2018, recording near X% and X% of total exports, respectively. It was distantly followed by Germany (X tons), France (X tons), Brazil (X tons), Italy (X tons) and Spain (X tons), together generating a X% share of total exports. The UK (X tons), Hungary (X tons), Belgium (X tons), the Netherlands (X tons) and Chile (X tons) occupied a little share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Belgium, while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), the U.S. ($X) and Germany ($X) constituted the countries with the highest levels of exports in 2018, with a combined X% share of total exports. Italy, France, Brazil, Hungary, Spain, Chile, the Netherlands, the UK and Belgium lagged somewhat behind, together accounting for a further X terms of the main exporting countries, Spain experienced the highest growth rate of exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The turkey meat export price in Madagascar stood at $X per ton in 2018, approximately reflecting the previous year. Overall, the turkey meat export price continues to indicate an abrupt downturn. Madagascar export price peaked at $X per ton in 2009; however, from 2010 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Hungary ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Brazil, while the other leaders experienced more modest paces of growth.

Turkey Meat Imports

Imports into Madagascar

Turkey meat imports into Madagascar totaled X tons in 2018, jumping by X% against the previous year. In general, turkey meat imports continue to indicate an extraordinary expansion. The pace of growth was the most pronounced in 2009 with an increase of X% y-o-y. Madagascar imports peaked in 2018 and are likely to continue its growth in the immediate term.

In value terms, turkey meat imports stood at $X in 2018. Over the period under review, turkey meat imports continue to indicate an outstanding expansion. The pace of growth was the most pronounced in 2009 when imports increased by X% y-o-y. Madagascar imports peaked in 2018 and are likely to see steady growth in the immediate term.

Imports by Country

Mexico (X tons) and Germany (X tons) represented roughly X% of total imports of turkey meat in 2018. Saudi Arabia (X tons) took the next position in the ranking, followed by the UK (X tons). All these countries together occupied near X% share of total imports. The Netherlands (X tons), Spain (X tons), Benin (X tons), Belgium (X tons), South Africa (X tons), Austria (X tons), France (X tons) and Portugal (X tons) held a little share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Madagascar, while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Mexico ($X) and Saudi Arabia ($X) were the countries with the highest levels of imports in 2018, with a combined X% share of total imports. The UK, Austria, Spain, Belgium, France, the Netherlands, Portugal, Benin, South Africa and Madagascar lagged somewhat behind, together accounting for a further X the main importing countries, Madagascar recorded the highest rates of growth with regard to imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The turkey meat import price in Madagascar stood at $X per ton in 2018, flattening at the previous year. In general, the turkey meat import price, however, continues to indicate a temperate descent. The growth pace was the most rapid in 2011 when the import price increased by X% against the previous year. Madagascar import price peaked at $X per ton in 2008; however, from 2009 to 2018, import prices failed to regain their momentum.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Saudi Arabia ($X per ton), while South Africa ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Saudi Arabia, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform