Reunion: Turkey Meat Market 2020

Turkey Meat Market Size in Reunion

The revenue of the turkey meat market in Reunion amounted to $X in 2018, picking up by X% against the previous year. In general, turkey meat consumption continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 when the market value increased by X% against the previous year. Over the period under review, the turkey meat market reached its maximum level at $X in 2014; however, from 2015 to 2018, consumption remained at a lower figure.

Turkey Meat Production in Reunion

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 relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 when production volume increased by X% year-to-year. Over the period under review, turkey meat production attained its peak figure level at $X in 2014; however, from 2015 to 2018, production stood at a somewhat lower figure.

In 2018, the average yield of turkey meat in Reunion stood at X kg per X heads, stabilizing at the previous year. Overall, the turkey meat yield continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, the turkey meat yield attained its peak figure level at X kg per X heads in 2010; however, from 2011 to 2018, yield remained at a lower figure.

In 2018, approx. X heads of animals slaughtered for turkey meat production in Reunion; remaining relatively unchanged against the previous year. Overall, the number of animals slaughtered for turkey meat production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the number of producing animals increased by X% against the previous year. Over the period under review, this number attained its maximum level at X heads in 2012; however, from 2013 to 2018, producing animals failed to regain its momentum.

Turkey Meat Exports

Exports by Country

In 2018, the U.S. (X tons) and Poland (X tons) represented the key exporters of turkey meatin the world, together accounting for approx. X% of total exports. Germany (X tons) took an X% share (based on tons) of total exports, which put it in second place, followed by France (X%), Brazil (X%), Italy (X%) and Spain (X%). 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 the other leaders experienced more modest paces of growth.

In value terms, the largest turkey meat markets from Reunion were Poland ($X), the U.S. ($X) and Germany ($X), together comprising X% of total exports. These countries were followed by Italy, France, Brazil, Hungary, Spain, Chile, the Netherlands, the UK and Belgium, which together accounted for a further X terms of the main exporting countries, Spain experienced the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The turkey meat export price in Reunion stood at $X per ton in 2018, stabilizing at the previous year. Over the period under review, the turkey meat export price continues to indicate a relatively flat trend pattern.

There were significant differences in the average prices amongst the major exporting countries. In 2018, 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 by Country

Mexico (X tons) and Germany (X tons) were the major importers of turkey meat in 2018, accounting for approx. X% and X% of total imports, respectively. Saudi Arabia (X tons) held a X% share (based on tons) of total imports, which put it in second place, followed by the UK (X%). 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) took a minor share 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 Portugal, while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Mexico ($X) and Saudi Arabia ($X) appeared to be the countries with the highest levels of imports in 2018, with a combined X% share of total imports.

Saudi Arabia recorded the highest rates of growth with regard to imports, in terms of the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The turkey meat import price in Reunion stood at $X per ton in 2018, flattening at the previous year. In general, the turkey meat import price continues to indicate a relatively flat trend pattern.

There were significant differences in the average prices amongst the major importing countries. In 2018, 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