Report Update Nov 1, 2024

Mexico - Prepared or Preserved Meat or Offal of Turkeys - Market Analysis, Forecast, Size, Trends and Insights

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Mexico: Preserved Turkey Market 2024

Preserved Turkey Market Size in Mexico

The Mexican preserved turkey market was finally on the rise to reach $X in 2021, after two years of decline. The market value increased at an average annual rate of +1.9% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Preserved Turkey Production in Mexico

In value terms, preserved turkey production rose modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.5% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016 with an increase of 49% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Preserved Turkey Exports

Exports from Mexico

In 2021, overseas shipments of prepared or preserved meat or offal of turkeys decreased by -95.1% to X tons for the first time since 2017, thus ending a three-year rising trend. In general, exports continue to indicate a dramatic decrease. The most prominent rate of growth was recorded in 2014 with an increase of 51%. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, preserved turkey exports contracted remarkably to $X in 2021. Over the period under review, exports faced a dramatic setback. The pace of growth appeared the most rapid in 2018 with an increase of 19%. Over the period under review, the exports hit record highs at $X in 2020, and then fell sharply in the following year.

Exports by Country

The United States (X tons) was the main destination for preserved turkey exports from Mexico, accounting for a approx. 98% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the United States amounted to -28.7%.

In value terms, the United States ($X) also remains the key foreign market for prepared or preserved meat or offal of turkeys exports from Mexico.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States totaled -27.0%.

Export Prices by Country

In 2021, the average preserved turkey export price amounted to $X per ton, declining by -29.5% against the previous year. Overall, export price indicated a noticeable expansion from 2012 to 2021: its price increased at an average annual rate of +2.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 when the average export price increased by 82% against the previous year. The export price peaked at $X per ton in 2020, and then dropped remarkably in the following year.

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

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to +2.5% per year.

Preserved Turkey Imports

Imports into Mexico

After two years of growth, overseas purchases of prepared or preserved meat or offal of turkeys decreased by -7.3% to X tons in 2021. Overall, imports, however, posted a perceptible expansion. The most prominent rate of growth was recorded in 2014 with an increase of 53%. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, preserved turkey imports declined to $X in 2021. In general, imports, however, posted temperate growth. The pace of growth appeared the most rapid in 2014 when imports increased by 53% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, the United States (X tons) was the main supplier of preserved turkey to Mexico, with a 98% share of total imports. It was followed by Chile (X tons), with a 1.9% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from the United States stood at +3.3%.

In value terms, the United States ($X) constituted the largest supplier of prepared or preserved meat or offal of turkeys to Mexico, comprising 99% of total imports. The second position in the ranking was held by Chile ($X), with a 1.1% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States amounted to +4.4%.

Import Prices by Country

The average preserved turkey import price stood at $X per ton in 2021, growing by 4.5% against the previous year. Over the period under review, the import price saw a mild expansion. The import price peaked at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Chile totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+1.1%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for prepared or preserved meat or offal of turkeys in the world?

China remains the largest preserved turkey consuming country worldwide, comprising approx. 21% of total volume. Moreover, preserved turkey consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The third position in this ranking was occupied by the United States, with a 5.1% share.

What are the largest producers of prepared or preserved meat or offal of turkeys in the world?

China constituted the country with the largest volume of preserved turkey production, comprising approx. 21% of total volume. Moreover, preserved turkey production in China exceeded the figures recorded by the second-largest producer, India, threefold. The United States ranked third in terms of total production with a 5.3% share.

What are the leading suppliers of prepared or preserved meat or offal of turkeys to Mexico?

In value terms, the United States constituted the largest supplier of preserved turkey to Mexico.

What are the leading importers of prepared or preserved meat or offal of turkeys from Mexico?

In value terms, the United States remains the key foreign market for preserved turkey exports from Mexico, comprising 78% of total exports. The second position in the ranking was occupied by Guatemala, with a 19% share of total exports.

What is the average export price for prepared or preserved meat or offal of turkeys in Mexico?

In 2021, the average preserved turkey export price amounted to $2,894 per ton, shrinking by -39.8% against the previous year.

What is the average import price for prepared or preserved meat or offal of turkeys in Mexico?

The average preserved turkey import price stood at $5,109 per ton in 2021, surging by 6.8% against the previous year.

This report provides an in-depth analysis of the preserved turkey market in Mexico. 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 10131525 - Prepared or preserved meat or offal of turkeys (excluding sausages, preparations of liver and prepared meals and dishes)

Country coverage:

Mexico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Mexico
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. TOP EXPORTING COUNTRIES
4. 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 VOLUME AND VALUE
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. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023