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

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

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Frozen Turkey Cut Price in Ireland - 2023

Contents:

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

Frozen Turkey Cut Price in Ireland (CIF) - 2023

In July 2023, the average frozen turkey cut import price amounted to $5,115 per ton, waning by -14.3% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +2.0%. The most prominent rate of growth was recorded in June 2023 an increase of 39% m-o-m. As a result, import price attained the peak level of $5,969 per ton, and then reduced in the following month.

Average prices varied somewhat amongst the major supplying countries. In July 2023, the highest price was recorded for prices from Germany ($6,015 per ton) and the Netherlands ($4,981 per ton), while the price for Spain ($4,471 per ton) and Poland ($4,822 per ton) were amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by France (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Frozen Turkey Cut Price in Ireland (FOB) - 2023

In July 2023, the average frozen turkey cut export price amounted to $4,782 per ton, growing by 142% against the previous month. Overall, the export price continues to indicate noticeable growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was Spain ($6,287 per ton), while the average price for exports to the Netherlands ($1,135 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+21.3%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Turkey Cut Imports in Ireland

In 2022, after three years of growth, there was significant decline in purchases abroad of frozen turkey cuts, when their volume decreased by -26.3% to 2.9K tons. Over the period under review, total imports indicated a pronounced increase from 2019 to 2022: its volume increased at an average annual rate of +2.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 34% against the previous year. As a result, imports reached the peak of 3.9K tons, and then shrank notably in the following year.

In value terms, frozen turkey cut imports shrank remarkably to $12M in 2022. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. As a result, imports reached the peak of $15M, and then shrank rapidly in the following year.

Import of Frozen Turkey Cut in Ireland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany6.03.76.76.10.6%
Netherlands0.83.41.31.214.5%
France0.10.31.41.2128.9%
Poland1.20.61.80.9-9.1%
RomaniaN/AN/A0.60.716.7%
United Kingdom2.42.90.30.6-37.0%
Italy0.60.41.30.5-5.9%
Chile1.5N/AN/AN/A0%
Others0.10.21.11.2128.9%
Total12.611.314.612.4-0.5%

Top Suppliers of Frozen Turkey Cut to Ireland in 2022:

  1. Germany (1307.9 tons)
  2. France (340.9 tons)
  3. Netherlands (304.0 tons)
  4. Poland (201.9 tons)
  5. Italy (151.2 tons)
  6. Romania (145.6 tons)
  7. United Kingdom (140.2 tons)

Frozen Turkey Cut Exports in Ireland

In 2022, approx. 2.2K tons of frozen turkey cuts were exported from Ireland; waning by -8.5% compared with 2021. In general, exports continue to indicate a sharp setback.

In value terms, frozen turkey cut exports totaled $4.6M in 2022. Over the period under review, exports showed a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 5.4% against the previous year.

Export of Frozen Turkey Cut in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom2,3601,5752,7923,0108.4%
Netherlands1,203388220462-27.3%
MozambiqueN/AN/A26341959.3%
GabonN/A99.521718536.4%
BeninN/A25.260.4151144.8%
Germany21.4N/AN/A79.654.9%
Denmark84.137189.461.9-9.7%
France1,092534N/A15.2-75.9%
South Africa758994121N/A-60.0%
Others18.5251703209124.4%
Total5,5374,2374,4654,594-6.0%

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

  1. United Kingdom (1024.9 tons)
  2. Netherlands (283.0 tons)
  3. Mozambique (267.8 tons)
  4. Gabon (123.2 tons)
  5. Denmark (110.7 tons)
  6. Germany (106.7 tons)
  7. Benin (85.8 tons)
  8. France (20.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the frozen turkey cut market in Ireland. 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 Ireland
  • 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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