Report Update Nov 1, 2024

Pakistan - Turkey Meat - Market Analysis, Forecast, Size, Trends and Insights

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Pakistan: Turkey Meat Market 2024

Turkey Meat Market Size in Pakistan

The Pakistani turkey meat market rose notably to $X in 2022, surging by 8.7% against the previous year. Over the period under review, consumption saw buoyant growth. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Turkey Meat Production in Pakistan

In value terms, turkey meat production expanded remarkably to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a noticeable increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by 41%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Turkey Meat Exports

Exports from Pakistan

In 2022, exports of turkey meat from Pakistan reduced sharply to X tons, with a decrease of -22.9% against the year before. Overall, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2013 with an increase of 87% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, turkey meat exports fell dramatically to $X in 2022. Over the period under review, exports saw a abrupt slump. The growth pace was the most rapid in 2021 when exports increased by 88% against the previous year. Over the period under review, the exports reached the maximum at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Vietnam (X tons) was the main destination for turkey meat exports from Pakistan, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Vietnam stood at -4.7%.

In value terms, Vietnam ($X) also remains the key foreign market for turkey meat exports from Pakistan.

From 2012 to 2022, the average annual rate of growth in terms of value to Vietnam was relatively modest.

Export Prices by Country

In 2022, the average turkey meat export price amounted to $X per ton, approximately equating the previous year. In general, the export price, however, continues to indicate a noticeable increase. The growth pace was the most rapid in 2020 when the average export price increased by 59%. Over the period under review, the average export prices attained the maximum at $X per ton in 2021, and then reduced in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Afghanistan amounted to +6.7% per year.

Turkey Meat Imports

Imports into Pakistan

Turkey meat imports into Pakistan fell significantly to X tons in 2022, dropping by -35.1% against 2021 figures. In general, imports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2013 when imports increased by 538% against the previous year. Over the period under review, imports attained the maximum at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, turkey meat imports declined rapidly to $X in 2022. Overall, imports, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in 2013 when imports increased by 626%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, the United Arab Emirates (X tons) constituted the largest turkey meat supplier to Pakistan, accounting for a 72% share of total imports. Moreover, turkey meat imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, the United States (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United Arab Emirates stood at +29.2%.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of turkey meat to Pakistan, comprising 83% of total imports. The second position in the ranking was taken by the United States ($X), with a 17% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the United Arab Emirates totaled +39.3%.

Import Prices by Country

The average turkey meat import price stood at $X per ton in 2022, increasing by 7.9% against the previous year. Over the period under review, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, turkey meat import price decreased by -21.6% against 2018 indices. The most prominent rate of growth was recorded in 2018 an increase of 47%. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for the United States amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+7.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for turkey meat in the world?

The United States remains the largest turkey meat consuming country worldwide, comprising approx. 40% of total volume. Moreover, turkey meat consumption in the United States exceeded the figures recorded by the second-largest consumer, Brazil, fivefold. Germany ranked third in terms of total consumption with a 7.7% share.

What are the largest producers of turkey meat in the world?

The United States constituted the country with the largest volume of turkey meat production, accounting for 43% of total volume. Moreover, turkey meat production in the United States exceeded the figures recorded by the second-largest producer, Brazil, fivefold. Germany ranked third in terms of total production with a 7.8% share.

What are the leading suppliers of turkey meat to Pakistan?

In value terms, the largest turkey meat suppliers to Pakistan were the United Arab Emirates and the United States.

What are the leading importers of turkey meat from Pakistan?

In value terms, Vietnam remains the key foreign market for turkey meat exports from Pakistan.

What is the average export price for turkey meat in Pakistan?

In 2021, the average turkey meat export price amounted to $1,075 per ton, waning by -4.9% against the previous year.

What is the average import price for turkey meat in Pakistan?

The average turkey meat import price stood at $1,997 per ton in 2021, with a decrease of -40.1% against the previous year.

This report provides an in-depth analysis of the turkey meat market in Pakistan. 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:

FCL 1080 - Turkey meat

Country coverage:

Pakistan

Data coverage:

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