Thailand: Turkey Meat Market 2025

Turkey Meat Market Size in Thailand

The Thai turkey meat market surged to $X in 2022, jumping by 15% against the previous year. Over the period under review, consumption recorded significant growth. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Turkey Meat Production in Thailand

In value terms, turkey meat production rose modestly to $X in 2022 estimated in export price. In general, the total production indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -2.8% against 2020 indices. The pace of growth was the most pronounced in 2017 with an increase of 41% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Turkey Meat Exports

Exports from Thailand

Turkey meat exports from Thailand skyrocketed to X tons in 2022, with an increase of 70,250% compared with the previous year's figure. Overall, exports, however, saw a precipitous descent. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, turkey meat exports skyrocketed to $X in 2022. Over the period under review, exports, however, faced a precipitous contraction. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Nepal (X tons) was the main destination for turkey meat exports from Thailand, with a 61% share of total exports. Moreover, turkey meat exports to Nepal exceeded the volume sent to the second major destination, Ireland (X kg), fourfold.

From 2012 to 2022, the average annual growth rate of volume to Nepal totaled -3.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ireland (0.0% per year) and Hong Kong SAR (+36.1% per year).

From 2012 to 2022, the average annual rate of growth in terms of value to Nepal amounted to -2.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (+65.1% per year) and Ireland (0.0% per year).

Export Prices by Country

In 2022, the average turkey meat export price amounted to $X per ton, waning by -90.4% against the previous year. In general, the export price, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 an increase of 1,979%. As a result, the export price reached the peak level of $X per ton, and then shrank rapidly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Ireland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (+23.2%), while the prices for the other major destinations experienced more modest paces of growth.

Turkey Meat Imports

Imports into Thailand

In 2022, overseas purchases of turkey meat increased by 6,600% to X tons for the first time since 2018, thus ending a three-year declining trend. Over the period under review, imports, however, saw a abrupt setback. The pace of growth was the most pronounced in 2016 when imports increased by 20,094%. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, turkey meat imports skyrocketed to $X in 2022. Overall, imports, however, saw a dramatic curtailment. The pace of growth was the most pronounced in 2016 with an increase of 14,753%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Australia (X tons) and France (X tons) were the main suppliers of turkey meat imports to Thailand.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +34.0%).

In value terms, Australia ($X) constituted the largest supplier of turkey meat to Thailand, comprising 58% of total imports. The second position in the ranking was taken by France ($X), with a 21% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Australia totaled -2.9%.

Import Prices by Country

In 2022, the average turkey meat import price amounted to $X per ton, which is down by -65.5% against the previous year. In general, the import price saw a deep reduction. The pace of growth was the most pronounced in 2021 when the average import price increased by 95% against the previous year. As a result, import price attained the peak level of $X per ton, and then reduced notably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($X per ton), while the price for France amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+10.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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