Netherlands: Frozen Turkey Cut Market 2024

Frozen Turkey Cut Market Size in the Netherlands

In 2022, the Dutch frozen turkey cut market decreased by -26.3% to $X, falling for the third consecutive year after three years of growth. In general, consumption saw a abrupt curtailment. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Frozen Turkey Cut Production in the Netherlands

In value terms, frozen turkey cut production reduced dramatically to $X in 2022 estimated in export price. Overall, production recorded a perceptible reduction. The most prominent rate of growth was recorded in 2013 when the production volume increased by 66%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Frozen Turkey Cut Exports

Exports from the Netherlands

Frozen turkey cut exports from the Netherlands contracted rapidly to X tons in 2022, shrinking by -21.6% compared with 2021 figures. In general, exports saw a perceptible contraction. The growth pace was the most rapid in 2021 with an increase of 28%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, frozen turkey cut exports reduced to $X in 2022. Overall, exports continue to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 67%. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Ghana (X tons), Benin (X tons) and Germany (X tons) were the main destinations of frozen turkey cut exports from the Netherlands, with a combined 45% share of total exports. Democratic Republic of the Congo, France, Spain, Belgium, Greece, Gabon, Italy, the UK, Malaysia and Hong Kong SAR lagged somewhat behind, together accounting for a further 40%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Greece (with a CAGR of +49.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for frozen turkey cut exported from the Netherlands were Germany ($X), Benin ($X) and Ghana ($X), with a combined 36% share of total exports. Spain, France, Greece, Belgium, Democratic Republic of the Congo, Italy, the UK, Gabon, Malaysia and Hong Kong SAR lagged somewhat behind, together comprising a further 46%.

Greece, with a CAGR of +51.6%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average frozen turkey cut export price amounted to $X per ton, surging by 18% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The pace of growth appeared the most rapid in 2021 an increase of 30% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Malaysia ($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 Ghana (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Turkey Cut Imports

Imports into the Netherlands

In 2022, purchases abroad of frozen cuts of turkey decreased by -25.9% to X tons, falling for the second consecutive year after three years of growth. In general, imports recorded a abrupt decline. The pace of growth appeared the most rapid in 2020 with an increase of 19% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, frozen turkey cut imports contracted remarkably to $X in 2022. Overall, imports continue to indicate a noticeable descent. The most prominent rate of growth was recorded in 2016 with an increase of 27% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of frozen turkey cut to the Netherlands, accounting for a 39% share of total imports. Moreover, frozen turkey cut imports from Germany exceeded the figures recorded by the second-largest supplier, Ukraine (X tons), threefold. Brazil (X tons) ranked third in terms of total imports with a 15% share.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to -4.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (+543.4% per year) and Brazil (-4.8% per year).

In value terms, Ukraine ($X), Germany ($X) and Brazil ($X) constituted the largest frozen turkey cut suppliers to the Netherlands, with a combined 73% share of total imports.

Ukraine, with a CAGR of +574.9%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average frozen turkey cut import price stood at $X per ton in 2022, flattening at the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2016 when the average import price increased by 23% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ukraine ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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