China - Frozen Cuts Of Turkey - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Turkey Cut Price in China - 2023
Contents:
- Frozen Turkey Cut Price in China (CIF) - 2023
- Frozen Turkey Cut Price in China (FOB) - 2022
- Frozen Turkey Cut Imports in China
- Frozen Turkey Cut Exports in China
Frozen Turkey Cut Price in China (CIF) - 2023
The average frozen turkey cut import price stood at $3,692 per ton in September 2023, shrinking by -2.4% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in May 2023 an increase of 21% against the previous month. Over the period under review, average import prices hit record highs at $3,803 per ton in January 2023; however, from February 2023 to September 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Russia.
From September 2022 to September 2023, the rate of growth in terms of prices for Chile amounted to +1.7% per month.
Frozen Turkey Cut Price in China (FOB) - 2022
The average frozen turkey cut export price stood at $5,427 per ton in 2022, flattening at the previous year. Over the period under review, the export price showed strong growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by 270% against the previous year. Over the period under review, the average export prices reached the maximum at $5,482 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guatemala ($18,000 per ton), while the average price for exports to Rwanda ($3,455 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+38.6%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Turkey Cut Imports in China
In 2022, approx. 18K tons of frozen turkey cuts were imported into China; with an increase of 5.8% against 2021 figures. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +6.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -29.9% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 71% against the previous year. As a result, imports reached the peak of 26K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, frozen turkey cut imports skyrocketed to $58M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +14.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.1% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Frozen Turkey Cut in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 23.8 | 15.3 | 12.6 | 22.0 | -2.6% |
| Russia | 0.8 | 4.7 | 10.9 | 22.0 | 201.8% |
| United States | N/A | 26.9 | 20.2 | 14.1 | -27.6% |
| Poland | 14.1 | 2.7 | N/A | N/A | -80.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 38.7 | 49.6 | 43.7 | 58.1 | 14.5% |
Top Suppliers of Frozen Turkey Cut to China in 2022:
- Russia (7.6K tons)
- Chile (7.4K tons)
- United States (3.3K tons)
Frozen Turkey Cut Exports in China
In 2022, frozen turkey cut exports from China was estimated at 302 kg, leveling off at 2021. Overall, exports recorded a sharp decrease. The smallest decline of 99.9% was in 2021.
In value terms, frozen turkey cut exports stood at $1.6K in 2022. In general, exports recorded a precipitous decrease. The smallest decline of 99.9% was in 2021.
| Export of Frozen Turkey Cut in China (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Cambodia | 2,324 | N/A | 770 | -42.4% | |
| Guatemala | N/A | N/A | 54.0 | 0% | |
| Rwanda | N/A | N/A | 38.0 | 0% | |
| Ireland | 494 | N/A | N/A | 0% | |
| Bahrain | 434 | N/A | N/A | 0% | |
| Others | 26.0 | N/A | 777 | 446.7% | |
| Total | 3,278 | N/A | 1,639 | -29.3% | |
Top Export Markets for Frozen Turkey Cut from China in 2022:
- Cambodia (142.0 kg)
- Rwanda (11.0 kg)
- Guatemala (3.0 kg)
This report provides an in-depth analysis of the frozen turkey cut market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10122055 - Frozen cuts of turkey
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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