Scandinavia: Turkey Meat Market 2025

Turkey Meat Market Size in Scandinavia

In 2022, the Scandinavia turkey meat market increased by 2% to $X, rising for the second year in a row after seven years of decline. Overall, consumption, however, recorded a pronounced contraction. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Turkey Meat Production in Scandinavia

In value terms, turkey meat production dropped to $X in 2022 estimated in export price. In general, production saw a abrupt decline. The pace of growth appeared the most rapid in 2013 with an increase of 22%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

The countries with the highest volumes of production in 2022 were Finland (X tons), Norway (X tons) and Sweden (X tons).

From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of +4.5%), while production for the other leaders experienced mixed trends in the production figures.

The average turkey meat yield totaled X kg per head in 2022, therefore, remained relatively stable against 2021. The yield figure increased at an average annual rate of +1.5% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of 4.1%. The level of yield peaked at X kg per head in 2019; however, from 2020 to 2022, the yield remained at a lower figure.

The global number of animals slaughtered for turkey meat production dropped to X heads in 2022, almost unchanged from 2021. Overall, the number of producing animals continues to indicate a slight decline. The most prominent rate of growth was recorded in 2020 when the number of producing animals increased by 4.4%. The level of producing animals peaked at X heads in 2012; however, from 2013 to 2022, producing animals stood at a somewhat lower figure.

Turkey Meat Exports

Exports in Scandinavia

In 2022, the amount of turkey meat exported in Scandinavia declined to X tons, approximately reflecting the previous year's figure. The total export volume increased at an average annual rate of +2.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2019 when exports increased by 32% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then dropped slightly in the following year.

In value terms, turkey meat exports expanded markedly to $X in 2022. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of 45% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Finland prevails in exports structure, accounting for X tons, which was approx. 94% of total exports in 2022. It was distantly followed by Sweden (X tons), creating a 5.2% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to turkey meat exports from Finland stood at +1.9%. At the same time, Sweden (+16.6%) displayed positive paces of growth. Moreover, Sweden emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of +16.6% from 2012-2022. From 2012 to 2022, the share of Sweden increased by +3.8 percentage points.

In value terms, Finland ($X) remains the largest turkey meat supplier in Scandinavia, comprising 92% of total exports. The second position in the ranking was held by Sweden ($X), with a 6.3% share of total exports.

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

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2022, picking up by 6.5% against the previous year. In general, the export price, however, showed a noticeable contraction. The pace of growth was the most pronounced in 2018 an increase of 30%. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while Finland totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (-2.0%).

Turkey Meat Imports

Imports in Scandinavia

In 2022, supplies from abroad of turkey meat increased by 32% to X tons, rising for the second consecutive year after three years of decline. The total import volume increased at an average annual rate of +3.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, turkey meat imports surged to $X in 2022. The total import value increased at an average annual rate of +2.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The countries with the highest levels of turkey meat imports in 2022 were Finland (X tons) and Sweden (X tons), together resulting at 100% of total import.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Finland (with a CAGR of +5.5%).

In value terms, the largest turkey meat importing markets in Scandinavia were Finland ($X) and Sweden ($X).

Finland, with a CAGR of +3.5%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review.

Import Prices by Country

The import price in Scandinavia stood at $X per ton in 2022, waning by -2.4% against the previous year. Over the period under review, the import price recorded a slight decrease. The growth pace was the most rapid in 2019 when the import price increased by 11%. Over the period under review, import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Sweden ($X per ton), while Finland totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (-0.4%).

Source: IndexBox Platform