Moldova: Turkey Meat Market 2020

Turkey Meat Market Size in Moldova

The revenue of the turkey meat market in Moldova amounted to $X in 2018, going down by -X% against the previous year. In general, turkey meat consumption, however, continues to indicate a resilient increase. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, the turkey meat market reached its maximum level at $X in 2017, and then declined slightly in the following year.

Turkey Meat Production in Moldova

In value terms, turkey meat production stood at $X in 2018 estimated in export prices. Over the period under review, turkey meat production continues to indicate a deep descent. The most prominent rate of growth was recorded in 2010 when production volume increased by X% y-o-y. Over the period under review, turkey meat production reached its peak figure level at $X in 2015; however, from 2016 to 2018, production failed to regain its momentum.

Average yield of turkey meat in Moldova amounted to X kg per X heads in 2018, therefore, remained relatively stable against the previous year. In general, the turkey meat yield continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. Over the period under review, the turkey meat yield reached its maximum level at X kg per X heads in 2010; however, from 2011 to 2018, yield stood at a somewhat lower figure.

In 2018, the number of animals slaughtered for turkey meat production in Moldova stood at X heads, stabilizing at the previous year. In general, the number of animals slaughtered for turkey meat production continues to indicate a slight slump. The pace of growth was the most pronounced in 2010 when the number of producing animals increased by X% against the previous year. Over the period under review, this number attained its peak figure level at X heads in 2015; however, from 2016 to 2018, producing animals remained at a lower figure.

Turkey Meat Exports

Exports from Moldova

In 2018, the exports of turkey meat from Moldova amounted to X tons, stabilizing at the previous year. Overall, turkey meat exports continue to indicate a relatively flat trend pattern. Moldova exports peaked in 2018 and are expected to retain its growth in the near future.

In value terms, turkey meat exports totaled $X in 2018. In general, turkey meat exports continue to indicate a relatively flat trend pattern. Over the period under review, turkey meat exports reached their peak figure in 2018 and are likely to continue its growth in the near future.

Exports by Country

The U.S. (X tons) and Poland (X tons) represented the key exporters of turkey meat in 2018, finishing at near X% and X% of total exports, respectively. Germany (X tons) occupied the next position in the ranking, followed by France (X tons), Brazil (X tons), Italy (X tons) and Spain (X tons). All these countries together took approx. X% share of total exports. The UK (X tons), Hungary (X tons), Belgium (X tons), the Netherlands (X tons) and Chile (X tons) followed a long way behind the leaders.

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

In value terms, the largest turkey meat markets from Moldova were Poland ($X), the U.S. ($X) and Germany ($X), with a combined X% share of total exports. Italy, France, Brazil, Hungary, Spain, Chile, the Netherlands, the UK, Belgium and Moldova lagged somewhat behind, together comprising a further X experienced the highest growth rate of market size, among the main exporting countries over the period under review, while exports for the other leaders experienced more modest paces of growth.

Export Prices by Country

The turkey meat export price in Moldova stood at $X per ton in 2018, remaining constant against the previous year. In general, the turkey meat export price continues to indicate a relatively flat trend pattern. Moldova export price peaked in 2018 and is likely to see steady growth in the immediate term.

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 Moldova

In 2018, the amount of turkey meat imported into Moldova totaled X tons, shrinking by -X% against the previous year. In general, turkey meat imports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2016 when imports increased by X% y-o-y. Moldova imports peaked at X tons in 2017, and then declined slightly in the following year.

In value terms, turkey meat imports amounted to $X in 2018. Over the period under review, turkey meat imports, however, continue to indicate remarkable growth. The pace of growth appeared the most rapid in 2016 with an increase of X% year-to-year. Over the period under review, turkey meat imports reached their peak figure in 2018 and are expected to retain its growth in the near future.

Imports by Country

Mexico (X tons) and Germany (X tons) represented the largest importers of turkey meat in 2018, resulting at approx. X% and X% of total imports, respectively. Saudi Arabia (X tons) occupied a X% share (based on tons) of total imports, which put it in second place, followed by the UK (X%). The following importers - 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) - together made up X% 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 Moldova, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest turkey meat importing markets into Moldova were Germany ($X), Mexico ($X) and Saudi Arabia ($X), together accounting for X% of total imports.

Saudi Arabia recorded the highest rates of growth with regard to market size, among the main importing countries over the period under review, while imports for the other leaders experienced more modest paces of growth.

Import Prices by Country

The turkey meat import price in Moldova stood at $X per ton in 2018, going up by X% against the previous year. Over the period under review, the turkey meat import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 an increase of X% against the previous year. In that year, the import prices for turkey meat reached their peak level of $X per ton. From 2012 to 2018, the growth in terms of the import prices for turkey meat remained at a lower figure.

Prices varied noticeably by the country of destination; 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