Preserved Turkey Market
Preserved turkey market: enjoy new facts and figures secured by an Ai-driven BI platform. Data cover market prices, trade, consumption, exports, companies, imports, production, and market size. There is a breakdown by country, including Latin America, Russia, the U.S., China, the U.K., EU, the Middle East, and Africa. Market dynamics and forecast to 2030 are also provided in the reports.
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Preserved Turkey - World's Largest Markets
Rating | Country |
---|---|
1 | China |
2 | India |
3 | United States |
4 | Japan |
5 | Indonesia |
In value terms, China led the market, alone. The second position in the ranking was occupied by India. It was followed by the United States.
From 2018 to 2020, the average annual growth rate of value in China stood at +3.7%. The remaining consuming countries recorded the following average annual rates of market growth: India (+4.6% per year) and the United States (+5.5% per year).
Preserved Turkey Prices
Lowest Prices - FOB - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per tonne | ||||
Poland | 2838 | 2638 | 2732 | -1.9% |
Hungary | 2934 | 2623 | 2945 | 0.2% |
Brazil | 2716 | 2822 | 3171 | 8.1% |
Spain | 4043 | 3776 | 3448 | -7.7% |
France | 4787 | 3954 | 4285 | -5.4% |
United States | 4118 | 4358 | 4390 | 3.2% |
Netherlands | 3228 | 3165 | 4403 | 16.8% |
Germany | 5033 | 5084 | 4971 | -0.6% |
Israel | 5515 | 4461 | 4983 | -4.9% |
United Arab Emirates | 4201 | 4478 | 5086 | 10.0% |
Italy | 4968 | 4810 | 5096 | 1.3% |
Belgium | 5746 | 5551 | 5963 | 1.9% |
Average | 3929 | 3846 | 4259 | 4.1% |
Prices varied noticeably by the country of origin; the country with the highest price was Belgium ($5,963 per tonne), while Poland ($2,732 per tonne) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per tonne | ||||
Belgium | 5199 | 5650 | 6328 | 10.3% |
Netherlands | 4849 | 4972 | 6138 | 12.5% |
United States | 4938 | 5596 | 5893 | 9.2% |
Italy | 5007 | 5298 | 5118 | 1.1% |
France | 4408 | 4877 | 4787 | 4.2% |
Austria | 4146 | 4376 | 4747 | 7.0% |
Saudi Arabia | 3550 | 4493 | 4727 | 15.4% |
Mexico | 4312 | 4437 | 4419 | 1.2% |
United Kingdom | 4125 | 3981 | 4005 | -1.5% |
Germany | 3683 | 3650 | 3876 | 2.6% |
Portugal | 3960 | 3877 | 3825 | -1.7% |
Romania | 2640 | 2540 | 2583 | -1.1% |
Hungary | 2173 | 2011 | 1960 | -5.0% |
Average | 4050 | 4210 | 4266 | 2.6% |
There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Belgium ($6,328 per tonne), while Hungary ($1,960 per tonne) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Saudi Arabia, while the other global leaders experienced more modest paces of growth.
Preserved Turkey - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
million USD | ||||
France | 51 | 51 | 52 | 1.6% |
Saudi Arabia | 43 | 43 | 46 | 3.2% |
Mexico | 50 | 49 | 43 | -7.0% |
Germany | 60 | 35 | 29 | -30.0% |
Netherlands | 32 | 31 | 27 | -9.0% |
In value terms, the largest preserved turkey importing markets worldwide were France ($52M), Saudi Arabia ($46M) and Mexico ($43M), together accounting for 28% of global imports. These countries were followed by Germany, the Netherlands, the UK, the United States, Belgium, Italy, Portugal, Austria, Hungary and Romania, which together accounted for a further 38%.
The United States saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Preserved Turkey - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
million USD | ||||
Germany | 107 | 85 | 78 | -14.7% |
United States | 77 | 80 | 71 | -4.4% |
Belgium | 49 | 50 | 50 | 1.6% |
Poland | 37 | 37 | 37 | -0.3% |
United Arab Emirates | 9.7 | 15 | 34 | 86.9% |
In value terms, the largest preserved turkey supplying countries worldwide were Germany ($78M), the United States ($71M) and Belgium ($50M), together comprising 42% of global exports. These countries were followed by Poland, the United Arab Emirates, Hungary, Spain, France, Italy, Israel, Brazil and the Netherlands, which together accounted for a further 43%.
Among the main exporting countries, the United Arab Emirates (+86.9% per year) saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Preserved Turkey - Market Forecast
Driven by increasing demand for preserved turkey worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Preserved Turkey - Product Coverage
- HS 160231 - Meat preparations; of turkeys, prepared or preserved meat or meat offal (excluding livers and homogenised preparations)
This report provides an in-depth analysis of the global preserved turkey market.
This report provides an in-depth analysis of the preserved turkey market in Australia and Oceania.
This report provides an in-depth analysis of the preserved turkey market in Southern Asia.
This report provides an in-depth analysis of the preserved turkey market in the Middle East.
This report provides an in-depth analysis of the preserved turkey market in Northern America.
This report provides an in-depth analysis of the preserved turkey market in Eastern Asia.
This report provides an in-depth analysis of the preserved turkey market in Latin America and the Caribbean.
This report provides an in-depth analysis of the preserved turkey market in Central Asia.
This report provides an in-depth analysis of the preserved turkey market in South-Eastern Asia.
This report provides an in-depth analysis of the preserved turkey market in Africa.
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