U.S.: Turkey Meat Market 2025

Turkey Meat Market Size in the U.S.

The U.S. turkey meat market stood at $X in 2022, with an increase of 2.8% against the previous year. The market value increased at an average annual rate of +1.4% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Turkey Meat Production in the U.S.

In value terms, turkey meat production fell to $X in 2022. Over the period under review, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of 8.7% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

The average yield of turkey meat in the United States was estimated at X kg per head in 2022, flattening at the previous year's figure. Over the period under review, the yield recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the yield increased by 2.7%. The turkey meat yield peaked in 2022 and is expected to retain growth in years to come.

In 2022, the number of animals slaughtered for turkey meat production in the United States rose to X heads, surging by 1.7% compared with the previous year. Overall, the number of producing animals, however, continues to indicate a mild curtailment. The pace of growth appeared the most rapid in 2016 with an increase of 4.7%. The number of animals slaughtered for turkey meat production peaked at X heads in 2012; however, from 2013 to 2022, producing animals failed to regain momentum.

Turkey Meat Exports

Exports from the U.S.

In 2022, approx. X tons of turkey meat were exported from the United States; waning by -38% against the previous year. In general, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2019 with an increase of 10% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, turkey meat exports contracted significantly to $X in 2022. Over the period under review, exports saw a perceptible descent. The pace of growth appeared the most rapid in 2021 with an increase of 29% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Mexico (X tons) was the main destination for turkey meat exports from the United States, with a 69% share of total exports. Moreover, turkey meat exports to Mexico exceeded the volume sent to the second major destination, Benin (X tons), more than tenfold. China (X tons) ranked third in terms of total exports with a 2.8% share.

From 2012 to 2022, the average annual growth rate of volume to Mexico totaled -6.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Benin (+1.6% per year) and China (-22.3% per year).

In value terms, Mexico ($X) remains the key foreign market for turkey meat exports from the United States, comprising 70% of total exports. The second position in the ranking was taken by Guatemala ($X), with a 2.7% share of total exports. It was followed by China, with a 2.4% share.

From 2012 to 2022, the average annual growth rate of value to Mexico amounted to -1.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (+5.6% per year) and China (-17.9% per year).

Export Prices by Country

The average turkey meat export price stood at $X per ton in 2022, jumping by 24% against the previous year. Overall, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, turkey meat export price increased by +71.0% against 2017 indices. The growth pace was the most rapid in 2021 an increase of 28%. The export price peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Benin ($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 Canada (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.

Turkey Meat Imports

Imports into the U.S.

In 2022, supplies from abroad of turkey meat increased by 10% to X tons, rising for the third consecutive year after three years of decline. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 72%. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, turkey meat imports surged to $X in 2022. In general, imports enjoyed notable growth. The pace of growth appeared the most rapid in 2015 when imports increased by 125% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

Canada (X tons) and Chile (X tons) were the main suppliers of turkey meat imports to the United States.

From 2012 to 2022, the biggest increases were recorded for Chile (with a CAGR of +1.6%).

In value terms, Canada ($X) and Chile ($X) were the largest turkey meat suppliers to the United States.

In terms of the main suppliers, Canada, with a CAGR of +6.8%, recorded the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2022, the average turkey meat import price amounted to $X per ton, jumping by 17% against the previous year. Overall, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, turkey meat import price increased by +43.6% against 2020 indices. The pace of growth was the most pronounced in 2015 an increase of 36%. As a result, import price reached the peak level of $X per ton. From 2016 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Chile ($X per ton), while the price for Canada amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+6.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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