Turkey - Frozen Whole Turkeys - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Turkey - Frozen Whole Turkeys - Market Analysis, Forecast, Size, Trends And Insights

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Frozen Whole Turkey Price in Turkey - 2023

Contents:

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

Frozen Whole Turkey Price in Turkey (FOB) - 2022

In 2022, the average frozen whole turkey export price amounted to $3,048 per ton, jumping by 22% against the previous year. Overall, the export price, however, continues to indicate a mild downturn. Over the period under review, the average export prices hit record highs at $3,492 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Venezuela ($3,450 per ton) and Qatar ($3,301 per ton), while the average price for exports to Azerbaijan ($2,405 per ton) and Iraq ($2,480 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Whole Turkey Price in Turkey (CIF) - 2022

In 2022, the average frozen whole turkey import price amounted to $2,728 per ton, rising by 11% against the previous year. Overall, the import price, however, continues to indicate a perceptible slump. The pace of growth appeared the most rapid in 2016 when the average import price increased by 50% against the previous year. As a result, import price attained the peak level of $5,274 per ton. From 2017 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($3,375 per ton), while the price for Germany ($2,227 per ton) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+2.4%), while the prices for the other major suppliers experienced a decline.

Frozen Whole Turkey Exports in Turkey

Frozen whole turkey exports from Turkey totaled 565 tons in 2022, with an increase of 5.2% against the previous year. Overall, exports recorded significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 141% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, frozen whole turkey exports skyrocketed to $1.7M in 2022. Over the period under review, exports showed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 182% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Export of Frozen Whole Turkey in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates12.615.820.7587259.8%
KenyaN/AN/AN/A3260%
SomaliaN/AN/A343262-23.6%
Qatar29.018.289.414470.6%
Azerbaijan63.013830012325.0%
VenezuelaN/AN/AN/A86.30%
Iraq11714414384.6-10.2%
Free Zones40.165.0110N/A65.6%
TanzaniaN/AN/A112N/A0%
Saudi Arabia33.838.846.3N/A17.0%
Others39.153.617110840.3%
Total3354731,3361,72172.5%

Top Export Markets for Frozen Whole Turkey from Turkey in 2022:

  1. United Arab Emirates (185.3 tons)
  2. Kenya (100.5 tons)
  3. Somalia (88.6 tons)
  4. Azerbaijan (51.3 tons)
  5. Qatar (43.5 tons)
  6. Iraq (34.1 tons)
  7. Venezuela (25.0 tons)

Frozen Whole Turkey Imports in Turkey

In 2022, the amount of frozen whole turkeys imported into Turkey soared to 802 kg, jumping by 5,247% against the year before. In general, imports posted a measured increase.

In value terms, frozen whole turkey imports soared to $2.2K in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern.

Import of Frozen Whole Turkey in Turkey (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States8812,62027.01,58821.7%
Germany44.06067.0490123.3%
Netherlands69.01391.045.0-13.3%
United KingdomN/A192N/AN/A0%
United Arab Emirates939N/AN/AN/A0%
KyrgyzstanN/A534N/AN/A0%
Others2212502.065.0-33.5%
Total2,1544,34137.02,1880.5%

Top Suppliers of Frozen Whole Turkey to Turkey in 2022:

  1. United States (544.0 kg)
  2. Germany (220.0 kg)
  3. Netherlands (19.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the frozen whole turkey market in Turkey. 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 10122015 - Frozen whole turkeys

Country coverage:

  • Turkey

Data coverage:

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