Spain - Frozen Cuts Of Turkey - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Turkey Cut Price in Spain - 2023
Contents:
- Frozen Turkey Cut Price in Spain (FOB) - 2023
- Frozen Turkey Cut Price in Spain (CIF) - 2023
- Frozen Turkey Cut Exports in Spain
- Frozen Turkey Cut Imports in Spain
Frozen Turkey Cut Price in Spain (FOB) - 2023
In July 2023, the average frozen turkey cut export price amounted to $2,205 per ton, dropping by -4.2% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 17% m-o-m. As a result, the export price attained the peak level of $2,633 per ton. From May 2023 to July 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Benin ($2,663 per ton), while the average price for exports to Liberia ($1,023 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 Gabon (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Turkey Cut Price in Spain (CIF) - 2023
In July 2023, the average frozen turkey cut import price amounted to $4,309 per ton, waning by -4.3% against the previous month. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 when the average import price increased by 16% month-to-month. Over the period under review, average import prices hit record highs at $5,301 per ton in December 2022; however, from January 2023 to July 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Ireland ($6,299 per ton), while the price for Germany ($3,541 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 France (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Turkey Cut Exports in Spain
In 2022, overseas shipments of frozen turkey cuts decreased by -26.9% to 29K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports continue to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 16% against the previous year. As a result, the exports attained the peak of 39K tons, and then contracted notably in the following year.
In value terms, frozen turkey cut exports contracted remarkably to $57M in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +8.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +27.3% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 48%. As a result, the exports attained the peak of $70M, and then declined markedly in the following year.
| Export of Frozen Turkey Cut in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Benin | 9.7 | 9.5 | 16.0 | 13.4 | 11.4% |
| France | 5.8 | 6.9 | 11.2 | 10.5 | 21.9% |
| Portugal | 4.8 | 4.0 | 5.0 | 5.5 | 4.6% |
| Germany | 5.3 | 6.6 | 8.8 | 5.0 | -1.9% |
| Italy | 1.7 | 1.6 | 2.0 | 3.1 | 22.2% |
| Denmark | 0.8 | 1.8 | 5.0 | 2.9 | 53.6% |
| Belgium | 1.5 | 1.4 | 1.2 | 2.4 | 17.0% |
| Netherlands | 0.6 | 0.6 | 2.8 | 2.1 | 51.8% |
| Democratic Republic of the Congo | 1.3 | 1.3 | 1.6 | 2.0 | 15.4% |
| Poland | 0.3 | 0.3 | 0.5 | 1.5 | 71.0% |
| Guinea | 1.2 | 0.9 | 0.6 | 0.7 | -16.4% |
| Gabon | 0.9 | 0.8 | 0.6 | 0.6 | -12.6% |
| Liberia | 0.4 | 0.2 | 0.4 | 0.5 | 7.7% |
| Others | 10.2 | 11.1 | 13.8 | 6.7 | -13.1% |
| Total | 44.6 | 46.9 | 69.5 | 56.7 | 8.3% |
Top Export Markets for Frozen Turkey Cut from Spain in 2022:
- France (6.0K tons)
- Benin (6.0K tons)
- Germany (2.6K tons)
- Denmark (2.4K tons)
- Portugal (1.5K tons)
- Democratic Republic of the Congo (1.4K tons)
- Netherlands (1.1K tons)
- Italy (1.1K tons)
- Poland (0.9K tons)
- Belgium (0.8K tons)
- Gabon (0.6K tons)
- Liberia (0.5K tons)
- Guinea (0.5K tons)
Frozen Turkey Cut Imports in Spain
Frozen turkey cut imports into Spain fell to 18K tons in 2022, shrinking by -5.9% against 2021. In general, imports recorded a drastic downturn.
In value terms, frozen turkey cut imports skyrocketed to $79M in 2022. Overall, imports recorded a noticeable slump.
| Import of Frozen Turkey Cut in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 52.8 | 46.3 | 50.2 | 62.2 | 5.6% |
| Netherlands | 6.0 | 3.0 | 2.5 | 6.4 | 2.2% |
| France | 5.1 | 3.6 | 4.6 | 4.3 | -5.5% |
| Germany | 14.6 | 8.5 | 6.3 | 3.3 | -39.1% |
| Portugal | 0.2 | 0.1 | 0.3 | 0.7 | 51.8% |
| Others | 5.2 | 2.4 | 2.5 | 2.2 | -24.9% |
| Total | 84.0 | 63.9 | 66.6 | 79.1 | -2.0% |
Top Suppliers of Frozen Turkey Cut to Spain in 2022:
- Poland (12.5K tons)
- France (2.1K tons)
- Germany (1.5K tons)
- Netherlands (1.4K tons)
- Portugal (0.3K tons)
This report provides an in-depth analysis of the frozen turkey cut market in Spain. 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:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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
-
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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