Portugal - Prepared Or Preserved Meat Or Offal Of Turkeys - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Turkey Price in Portugal - 2023
Contents:
- Preserved Turkey Price in Portugal (CIF) - 2023
- Preserved Turkey Price in Portugal (FOB) - 2023
- Preserved Turkey Imports in Portugal
- Preserved Turkey Exports in Portugal
Preserved Turkey Price in Portugal (CIF) - 2023
The average preserved turkey import price stood at $5,665 per ton in June 2023, increasing by 8.9% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.4%. The pace of growth appeared the most rapid in January 2023 an increase of 29% against the previous month. Over the period under review, average import prices attained the maximum in June 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($8,570 per ton), while the price for Hungary ($3,129 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Turkey Price in Portugal (FOB) - 2023
The average preserved turkey export price stood at $5,942 per ton in June 2023, reducing by -5.1% against the previous month. Overall, export price indicated resilient growth from June 2022 to June 2023: its price increased at an average monthly rate of +5.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, preserved turkey export price decreased by -5.1% against May 2023 indices. The pace of growth was the most pronounced in July 2022 an increase of 50% month-to-month. The export price peaked at $6,261 per ton in May 2023, and then declined in the following month.
There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was Angola ($10,044 per ton), while the average price for exports to Switzerland ($4,965 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Angola (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Turkey Imports in Portugal
In 2022, imports of prepared or preserved meat or offal of turkeys into Portugal expanded notably to 2.4K tons, with an increase of 5.3% compared with the previous year's figure. In general, imports, however, faced a deep slump. The most prominent rate of growth was recorded in 2020 when imports increased by 15%. As a result, imports reached the peak of 3.8K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, preserved turkey imports rose markedly to $11M in 2022. Over the period under review, imports, however, saw a deep contraction. The pace of growth was the most pronounced in 2020 with an increase of 13% against the previous year. As a result, imports attained the peak of $15M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Preserved Turkey in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 10.5 | 12.4 | 7.3 | 8.0 | -8.7% |
| Germany | 1.3 | 1.2 | 1.0 | 1.2 | -2.6% |
| Netherlands | 0.3 | 0.2 | 0.7 | 0.5 | 18.6% |
| France | 0.3 | 0.3 | 0.2 | 0.5 | 18.6% |
| Italy | 0.4 | 0.3 | 0.1 | 0.2 | -20.6% |
| Belgium | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Others | 0.1 | 0.2 | 0.4 | 0.4 | 58.7% |
| Total | 12.8 | 14.6 | 9.7 | 10.9 | -5.2% |
Top Suppliers of Preserved Turkey to Portugal in 2022:
- Spain (1700.5 tons)
- Germany (311.0 tons)
- Netherlands (118.8 tons)
- France (114.4 tons)
- Italy (53.9 tons)
- Belgium (44.5 tons)
Preserved Turkey Exports in Portugal
Preserved turkey exports from Portugal declined modestly to 411 tons in 2022, approximately reflecting the previous year. Overall, exports continue to indicate a deep downturn.
In value terms, preserved turkey exports declined to $1.7M in 2022. Over the period under review, exports faced a abrupt setback.
| Export of Preserved Turkey in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 382 | 365 | 487 | 443 | 5.1% |
| Spain | 1,433 | 1,085 | 787 | 443 | -32.4% |
| France | 76.9 | 115 | 31.5 | 241 | 46.3% |
| Mozambique | 133 | 90.8 | 134 | 136 | 0.7% |
| Cabo Verde | 76.8 | 82.2 | 108 | 111 | 13.1% |
| Luxembourg | 79.8 | 98.1 | 101 | 89.8 | 4.0% |
| Angola | 179 | 155 | 61.1 | 88.6 | -20.9% |
| Democratic Republic of the Congo | 0.2 | N/A | N/A | 43.9 | 503.2% |
| Others | 66.7 | 101 | 84.5 | 102 | 15.2% |
| Total | 2,427 | 2,092 | 1,795 | 1,698 | -11.2% |
Top Export Markets for Preserved Turkey from Portugal in 2022:
- Spain (113.3 tons)
- Belgium (97.7 tons)
- France (72.8 tons)
- Democratic Republic of the Congo (26.5 tons)
- Mozambique (24.7 tons)
- Cabo Verde (24.2 tons)
- Angola (15.8 tons)
- Luxembourg (14.1 tons)
This report provides an in-depth analysis of the preserved turkey market in Portugal. 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 10131525 - Prepared or preserved meat or offal of turkeys (excluding sausages, preparations of liver and prepared meals and dishes)
Country coverage:
- Portugal
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Portugal
- 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
- 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 VOLUME AND VALUE
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
- 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
- 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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