South-Eastern Asia: Turkey Meat Market 2025

Turkey Meat Market Size in South-Eastern Asia

The Southeast Asian turkey meat market shrank remarkably to $X in 2022, waning by -21.5% against the previous year. Overall, consumption recorded a pronounced shrinkage. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Turkey Meat Production in South-Eastern Asia

In value terms, turkey meat production fell slightly to $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the production volume increased by 7.1%. Over the period under review, production attained the peak level at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

The Philippines (X tons) remains the largest turkey meat producing country in South-Eastern Asia, comprising approx. 83% of total volume. Moreover, turkey meat production in the Philippines exceeded the figures recorded by the second-largest producer, Thailand (X tons), fivefold.

In the Philippines, turkey meat production remained relatively stable over the period from 2012-2022.

The average turkey meat yield stood at X kg per head in 2022, approximately mirroring the previous year's figure. In general, the yield saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of 0.2% against the previous year. As a result, the yield reached the peak level of X kg per head; afterwards, it flattened through to 2022.

In 2022, number of animals slaughtered for turkey meat production in South-Eastern Asia stood at X heads, remaining relatively unchanged against 2021. In general, the number of producing animals recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the number of producing animals increased by 1.5%. The level of producing animals peaked at X heads in 2018; however, from 2019 to 2022, producing animals failed to regain momentum.

Turkey Meat Exports

Exports in South-Eastern Asia

In 2022, turkey meat exports in South-Eastern Asia expanded notably to X tons, surging by 5.4% on the previous year. Overall, exports, however, saw a deep reduction. The most prominent rate of growth was recorded in 2019 with an increase of 71% against the previous year. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, turkey meat exports declined to $X in 2022. Total exports indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -23.6% against 2020 indices. The most prominent rate of growth was recorded in 2013 when exports increased by 89%. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Vietnam dominates exports structure, finishing at X tons, which was near 89% of total exports in 2022. It was distantly followed by Singapore (X tons), generating a 7.9% share of total exports. Malaysia (X tons) followed a long way behind the leaders.

Vietnam was also the fastest-growing in terms of the turkey meat exports, with a CAGR of +31.2% from 2012 to 2022. At the same time, Malaysia (+4.7%) displayed positive paces of growth. By contrast, Singapore (-9.4%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Vietnam increased by +85 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Vietnam ($X) remains the largest turkey meat supplier in South-Eastern Asia, comprising 71% of total exports. The second position in the ranking was held by Singapore ($X), with a 22% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Vietnam stood at +31.3%. The remaining exporting countries recorded the following average annual rates of exports growth: Singapore (-5.8% per year) and Malaysia (+7.6% per year).

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per ton, dropping by -10.9% against the previous year. In general, the export price, however, saw buoyant growth. The pace of growth was the most pronounced in 2014 when the export price increased by 97% against the previous year. The level of export peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+3.9%), while the other leaders experienced more modest paces of growth.

Turkey Meat Imports

Imports in South-Eastern Asia

Turkey meat imports declined sharply to X tons in 2022, which is down by -24.3% on 2021. In general, imports continue to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2019 when imports increased by 55% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, turkey meat imports declined to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of 43%. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Vietnam represented the largest importing country with an import of around X tons, which finished at 48% of total imports. Malaysia (X tons) held the second position in the ranking, distantly followed by Cambodia (X tons), the Philippines (X tons) and Singapore (X tons). All these countries together took near 50% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Malaysia (with a CAGR of +18.7%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Vietnam ($X) constitutes the largest market for imported turkey meat in South-Eastern Asia, comprising 45% of total imports. The second position in the ranking was held by Malaysia ($X), with a 20% share of total imports. It was followed by Singapore, with a 16% share.

From 2012 to 2022, the average annual growth rate of value in Vietnam amounted to +7.3%. The remaining importing countries recorded the following average annual rates of imports growth: Malaysia (+8.1% per year) and Singapore (+0.0% per year).

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per ton, rising by 14% against the previous year. Over the last decade, it increased at an average annual rate of +3.7%. The most prominent rate of growth was recorded in 2020 when the import price increased by 36%. The level of import peaked at $X per ton in 2014; afterwards, it flattened through to 2022.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Singapore ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cambodia (+15.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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