Greece - Frozen Cuts Of Turkey - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Greece - Frozen Cuts Of Turkey - Market Analysis, Forecast, Size, Trends And Insights

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Frozen Turkey Cut Price in Greece - 2023

Contents:

  1. Frozen Turkey Cut Price in Greece (CIF) - 2023
  2. Frozen Turkey Cut Price in Greece (FOB) - 2022
  3. Frozen Turkey Cut Imports in Greece
  4. Frozen Turkey Cut Exports in Greece

Frozen Turkey Cut Price in Greece (CIF) - 2023

The average frozen turkey cut import price stood at $3,563 per ton in July 2023, reducing by -26.3% against the previous month. Overall, the import price showed a mild decline. The most prominent rate of growth was recorded in August 2022 an increase of 7.7% m-o-m. The import price peaked at $5,729 per ton in December 2022; however, from January 2023 to July 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Cyprus ($5,652 per ton), while the price for Bulgaria ($2,654 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Belgium (+67.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Frozen Turkey Cut Price in Greece (FOB) - 2022

In 2022, the average frozen turkey cut export price amounted to $2,045 per ton, increasing by 45% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 107% against the previous year. Over the period under review, the average export prices reached the peak figure at $2,080 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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 Albania ($4,781 per ton), while the average price for exports to North Macedonia ($542 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 Albania (+26.3%), while the prices for the other major destinations experienced mixed trend patterns.

Frozen Turkey Cut Imports in Greece

In 2022, supplies from abroad of frozen turkey cuts decreased by -23.3% to 8.2K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports showed a pronounced setback. The pace of growth appeared the most rapid in 2021 with an increase of 17% against the previous year. As a result, imports reached the peak of 11K tons, and then contracted remarkably in the following year.

In value terms, frozen turkey cut imports reached $37M in 2022. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 15%.

Import of Frozen Turkey Cut in Greece (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland15.210.26.18.7-17.0%
Hungary1.20.13.16.373.8%
France3.93.82.46.015.4%
Bulgaria2.86.86.55.323.7%
Italy5.33.45.42.9-18.2%
Germany0.81.34.22.035.7%
Netherlands2.91.01.01.7-16.3%
Spain2.81.82.71.6-17.0%
Cyprus1.02.64.11.39.1%
Others1.60.81.21.72.0%
Total37.531.736.637.4-0.1%

Top Suppliers of Frozen Turkey Cut to Greece in 2022:

  1. Poland (1917.0 tons)
  2. Bulgaria (1486.8 tons)
  3. France (1102.7 tons)
  4. Hungary (1093.0 tons)
  5. Italy (658.6 tons)
  6. Spain (465.9 tons)
  7. Germany (405.3 tons)
  8. Cyprus (371.4 tons)
  9. Netherlands (351.2 tons)

Frozen Turkey Cut Exports in Greece

For the third year in a row, Greece recorded decline in overseas shipments of frozen turkey cuts, which decreased by -19.7% to 249 tons in 2022. Over the period under review, exports faced a sharp decline.

In value terms, frozen turkey cut exports soared to $510K in 2022. In general, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2021 when exports increased by 22% against the previous year.

Export of Frozen Turkey Cut in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cyprus11882.717434643.1%
Bulgaria74.515014314524.9%
North Macedonia15495.220.014.1-54.9%
Albania19.925.5N/A1.5-57.8%
TogoN/AN/A49.8N/A0%
Romania3800.343.0N/A-66.4%
Others1796.49.83.3-73.6%
Total925360440510-18.0%

Top Export Markets for Frozen Turkey Cut from Greece in 2022:

  1. Bulgaria (145.3 tons)
  2. Cyprus (77.4 tons)
  3. North Macedonia (26.0 tons)
  4. Albania (0.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the frozen turkey cut market in Greece. 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:

  • Greece

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Greece
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, PRODUCING ANIMALS AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Producing Animals Slaughtered, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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