Report Update Nov 1, 2024

Puerto Rico - Frozen Whole Turkeys - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Frozen Whole Turkey Market 2024

Frozen Whole Turkey Exports

Exports by Country

The United States was the major exporter of frozen whole turkeys in the world, with the volume of exports finishing at X tons, which was approx. 63% of total exports in 2021. It was distantly followed by France (X tons) and Canada (X tons), together creating a 25% share of total exports. The following exporters - Argentina (X tons), Turkey (X tons) and Peru (X tons) - together made up 4.3% of total exports.

From 2012 to 2021, average annual rates of growth with regard to frozen whole turkey exports from the United States stood at -2.6%. At the same time, Argentina (+34.0%), Turkey (+7.3%) and Canada (+2.4%) displayed positive paces of growth. Moreover, Argentina emerged as the fastest-growing exporter exported in the world, with a CAGR of +34.0% from 2012-2021. By contrast, France (-8.1%) and Peru (-27.0%) illustrated a downward trend over the same period. While the share of the United States (+9.4 p.p.), Canada (+4 p.p.) and Argentina (+2.1 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of Peru (-3.6 p.p.) and France (-6.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) remains the largest frozen whole turkey supplier from Puerto Rico, comprising 61% of global exports. The second position in the ranking was taken by France ($X), with a 19% share of global exports. It was followed by Canada, with a 7.6% share.

From 2012 to 2021, the average annual growth rate of value in the United States was relatively modest. In the other countries, the average annual rates were as follows: France (-7.7% per year) and Canada (+9.7% per year).

Frozen Whole Turkey Imports

Imports by Country

Mexico represented the key importing country with an import of about X tons, which accounted for 29% of total imports. Panama (X tons) held the second position in the ranking, followed by the United States (X tons). All these countries together took approx. 10% share of total imports. Germany (X tons), Chile (X tons), El Salvador (X tons), Guatemala (X tons), the United Arab Emirates (X tons), Portugal (X tons), Finland (X tons), Denmark (X tons), Trinidad and Tobago (X tons) and Egypt (X tons) held a little share of total imports.

Mexico experienced a relatively flat trend pattern with regard to volume of imports of frozen whole turkeys. At the same time, the United States (+61.7%), Egypt (+33.5%), Finland (+29.2%), Chile (+24.2%), Portugal (+12.2%), Trinidad and Tobago (+7.2%), El Salvador (+4.0%) and Guatemala (+2.9%) displayed positive paces of growth. Moreover, the United States emerged as the fastest-growing importer imported in the world, with a CAGR of +61.7% from 2012-2021. Denmark and Panama experienced a relatively flat trend pattern. By contrast, the United Arab Emirates (-4.3%) and Germany (-4.7%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Mexico, the United States, Chile, Finland, Portugal, El Salvador and Egypt increased by +5.7, +4.8, +3.7, +2, +1.8, +1.6 and +1.6 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported frozen whole turkeys into Puerto Rico, comprising 28% of global imports. The second position in the ranking was taken by Panama ($X), with a 5.6% share of global imports. It was followed by Germany, with a 5.1% share.

In Mexico, frozen whole turkey imports remained relatively stable over the period from 2012-2021. In the other countries, the average annual rates were as follows: Panama (+1.8% per year) and Germany (-4.7% per year).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen whole turkeys in the world?

The country with the largest volume of frozen whole turkey consumption was China, comprising approx. 20% of total volume. Moreover, frozen whole turkey consumption in China exceeded the figures recorded by the second-largest consumer, the U.S., twofold. India ranked third in terms of total consumption with a 8.2% share.

What are the largest producers of frozen whole turkeys in the world?

The countries with the highest volumes of frozen whole turkey production in 2019 were the U.S., China and India, with a combined 49% share of global production. These countries were followed by France, Pakistan, Germany, Brazil, Canada, the UK, Italy, Turkey, Spain and South Korea, which together accounted for a further 32%.

What are the leading suppliers of frozen whole turkeys to Puerto Rico?

In value terms, Mexico constitutes the largest market for imported frozen whole turkeys into Puerto Rico, comprising 24% of global imports. The second position in the ranking was occupied by Germany, with a 5.9% share of global imports. It was followed by Panama, with a 5% share.

What are the leading importers of frozen whole turkeys from Puerto Rico?

In value terms, the U.S. remains the largest frozen whole turkey supplier from Puerto Rico, comprising 53% of global exports. The second position in the ranking was occupied by France, with a 19% share of global exports. It was followed by Canada, with a 4.1% share.

What is the average export price for frozen whole turkeys in Puerto Rico?

The frozen whole turkey export price in Puerto Rico stood at $0 per ton in 2019, remaining stable against the previous year.

What is the average import price for frozen whole turkeys in Puerto Rico?

In 2019, the frozen whole turkey import price in Puerto Rico amounted to $0 per ton, approximately mirroring the previous year.

This report provides an in-depth analysis of the frozen whole turkey market in Puerto Rico. 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 10122015 - Frozen whole turkeys

Country coverage:

Puerto Rico

Data coverage:

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