United Kingdom - Prepared Or Preserved Meat Or Offal Of Turkeys - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Turkey Price in the UK - 2023
Contents:
- Preserved Turkey Price in the UK (CIF) - 2023
- Preserved Turkey Price in the UK (FOB) - 2023
- Preserved Turkey Imports in the UK
- Preserved Turkey Exports in the UK
Preserved Turkey Price in the UK (CIF) - 2023
The average preserved turkey import price stood at $6,339 per ton in June 2023, remaining constant against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in December 2022 when the average import price increased by 11% m-o-m. Over the period under review, average import prices reached the maximum at $7,015 per ton in February 2023; however, from March 2023 to June 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Belgium ($8,937 per ton), while the price for France ($3,253 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 Poland (+1.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Turkey Price in the UK (FOB) - 2023
The average preserved turkey export price stood at $7,842 per ton in June 2023, dropping by -2.9% against the previous month. Over the period under review, the export price, however, recorded modest growth. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 37% month-to-month. The export price peaked at $10,146 per ton in December 2022; however, from January 2023 to June 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Ireland ($24,653 per ton), while the average price for exports to Chile stood at $12,870 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+15.1%), while the prices for the other major destinations experienced mixed trend patterns.
Preserved Turkey Imports in the UK
In 2022, after two years of decline, there was significant growth in supplies from abroad of prepared or preserved meat or offal of turkeys, when their volume increased by 61% to 7.7K tons. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +5.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, preserved turkey imports soared to $46M in 2022. Over the period under review, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Preserved Turkey in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ireland | 11.7 | 7.8 | 2.8 | 11.3 | -1.2% |
Belgium | 5.6 | 6.6 | 7.6 | 10.3 | 22.5% |
Hungary | N/A | N/A | 0.1 | 10.1 | 10000.0% |
Poland | 1.4 | 2.5 | 4.8 | 8.4 | 81.7% |
Germany | 3.9 | 3.8 | 2.7 | 2.7 | -11.5% |
France | 0.9 | 1.0 | 0.9 | 0.9 | 0.0% |
Netherlands | 1.0 | 2.1 | 0.5 | 0.8 | -7.2% |
Others | 1.4 | 2.0 | 2.7 | 1.6 | 4.6% |
Total | 25.9 | 25.8 | 22.0 | 46.0 | 21.1% |
Top Suppliers of Preserved Turkey to the UK in 2022:
- Hungary (1799.6 tons)
- Poland (1784.9 tons)
- Ireland (1513.3 tons)
- Belgium (1328.1 tons)
- Germany (690.9 tons)
- France (235.3 tons)
- Netherlands (108.1 tons)
Preserved Turkey Exports in the UK
In 2022, exports of prepared or preserved meat or offal of turkeys from the UK contracted rapidly to 656 tons, which is down by -17.4% against the previous year. Over the period under review, exports showed a perceptible decline. The pace of growth was the most pronounced in 2021 when exports increased by 37%. As a result, the exports reached the peak of 794 tons, and then declined significantly in the following year.
In value terms, preserved turkey exports fell to $4.5M in 2022. The total export value increased at an average annual rate of +3.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 40%. As a result, the exports attained the peak of $4.7M, and then shrank in the following year.
Export of Preserved Turkey in the UK (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Chile | N/A | N/A | N/A | 1,522 | 0% |
Ireland | 3,330 | 2,994 | 4,164 | 1,255 | -27.8% |
Malta | 111 | 58.3 | 53.9 | 37.1 | -30.6% |
Czech Republic | 59.2 | 41.2 | 83.4 | 7.6 | -49.6% |
Netherlands | 250 | 0.2 | 1.7 | 1.6 | -81.4% |
France | 116 | 110 | 20.2 | N/A | -58.3% |
Others | 216 | 167 | 398 | 1,655 | 97.1% |
Total | 4,082 | 3,371 | 4,721 | 4,478 | 3.1% |
Top Export Markets for Preserved Turkey from the UK in 2022:
- France (undefined tons)
- Ireland (239.1 tons)
- Chile (135.0 tons)
- Malta (6.4 tons)
- Czech Republic (1.2 tons)
- Netherlands (0.2 tons)
This report provides an in-depth analysis of the preserved turkey market in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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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