Italy - Frozen Cuts Of Turkey - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Turkey Cut Price in Italy - 2023
Contents:
- Frozen Turkey Cut Price in Italy (FOB) - 2023
- Frozen Turkey Cut Price in Italy (CIF) - 2023
- Frozen Turkey Cut Exports in Italy
- Frozen Turkey Cut Imports in Italy
Frozen Turkey Cut Price in Italy (FOB) - 2023
In July 2023, the average frozen turkey cut export price amounted to $1,870 per ton, rising by 13% against the previous month. Over the period under review, the export price saw a modest expansion. The most prominent rate of growth was recorded in August 2022 when the average export price increased by 17% month-to-month. Over the period under review, the average export prices hit record highs at $2,089 per ton in December 2022; however, from January 2023 to July 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was Benin ($2,499 per ton), while the average price for exports to Greece ($547 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 Mozambique (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Turkey Cut Price in Italy (CIF) - 2023
In July 2023, the average frozen turkey cut import price amounted to $5,257 per ton, rising by 53% against the previous month. In general, the import price showed a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $5,497 per ton in December 2022; however, from January 2023 to July 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In July 2023, the countries with the highest prices were Spain ($6,389 per ton) and Brazil ($6,089 per ton), while the price for Ukraine ($4,455 per ton) and Poland ($4,634 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 Spain (+5.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Frozen Turkey Cut Exports in Italy
In 2022, frozen turkey cut exports from Italy contracted sharply to 11K tons, with a decrease of -32% against 2021 figures. Overall, exports saw a deep contraction. The growth pace was the most rapid in 2021 when exports increased by 0.1% against the previous year.
In value terms, frozen turkey cut exports contracted significantly to $20M in 2022. Over the period under review, exports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 27% against the previous year.
| Export of Frozen Turkey Cut in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Benin | 5.8 | 6.4 | 7.5 | 5.7 | -0.6% |
| Greece | 6.3 | 2.5 | 2.1 | 3.4 | -18.6% |
| Poland | 0.4 | 0.2 | 2.1 | 1.5 | 55.4% |
| Equatorial Guinea | 2.1 | 1.8 | 1.3 | 1.1 | -19.4% |
| Portugal | 1.3 | 0.2 | 0.2 | 1.0 | -8.4% |
| Congo | 0.2 | 0.1 | 0.3 | 0.7 | 51.8% |
| Germany | 0.7 | 1.4 | 0.9 | 0.7 | 0.0% |
| Netherlands | 1.0 | 0.7 | 1.2 | 0.6 | -15.7% |
| France | 1.2 | 0.5 | 1.0 | 0.6 | -20.6% |
| Guinea | 0.5 | 0.4 | 0.6 | 0.5 | 0.0% |
| Gabon | 0.5 | 0.9 | 0.7 | 0.4 | -7.2% |
| Bulgaria | 0.9 | 0.6 | 1.2 | 0.4 | -23.7% |
| Ghana | 0.6 | 1.0 | 1.7 | 0.3 | -20.6% |
| Others | 4.9 | 4.1 | 5.5 | 2.8 | -17.0% |
| Total | 26.6 | 20.7 | 26.3 | 19.8 | -9.4% |
Top Export Markets for Frozen Turkey Cut from Italy in 2022:
- Benin (2917.0 tons)
- Poland (1071.3 tons)
- Greece (894.8 tons)
- Equatorial Guinea (829.6 tons)
- Netherlands (596.7 tons)
- Congo (482.7 tons)
- Bulgaria (402.7 tons)
- Guinea (398.4 tons)
- France (380.7 tons)
- Germany (292.9 tons)
- Portugal (292.8 tons)
- Gabon (255.6 tons)
- Ghana (238.5 tons)
Frozen Turkey Cut Imports in Italy
Frozen turkey cut imports into Italy soared to 12K tons in 2022, jumping by 146% against the year before. Overall, imports continue to indicate a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, frozen turkey cut imports soared to $46M in 2022. In general, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Frozen Turkey Cut in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 4.8 | 5.2 | 1.7 | 25.1 | 73.6% |
| Hungary | 0.6 | 1.9 | 2.4 | 5.4 | 108.0% |
| Spain | 4.6 | 3.1 | 2.8 | 5.1 | 3.5% |
| Netherlands | 3.8 | 2.9 | 4.8 | 3.6 | -1.8% |
| Germany | 5.2 | 7.3 | 2.0 | 3.0 | -16.8% |
| France | 0.7 | 2.4 | 1.0 | 1.8 | 37.0% |
| Israel | 2.5 | N/A | N/A | N/A | 0% |
| Others | 1.7 | 1.1 | 0.1 | 1.4 | -6.3% |
| Total | 23.8 | 23.9 | 15.0 | 45.6 | 24.2% |
Top Suppliers of Frozen Turkey Cut to Italy in 2022:
- Poland (6.0K tons)
- Germany (2.0K tons)
- Spain (1.3K tons)
- Hungary (1.2K tons)
- Netherlands (0.8K tons)
- France (0.4K tons)
This report provides an in-depth analysis of the frozen turkey cut market in Italy. 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:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- 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.
-
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
-
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
-
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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