United Kingdom - Fresh Or Chilled Cuts Of Turkey - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Fresh or Chilled Turkey Cut in the UK - 2023
Contents:
- Price for Fresh or Chilled Turkey Cut in the UK (CIF) - 2023
- Price for Fresh or Chilled Turkey Cut in the UK (FOB) - 2023
- Imports of Fresh or Chilled Turkey Cut in the UK
- Exports of Fresh or Chilled Turkey Cut in the UK
Price for Fresh or Chilled Turkey Cut in the UK (CIF) - 2023
The average import price for fresh or chilled turkey cuts stood at $4,682 per ton in August 2023, dropping by -9.6% against the previous month. In general, import price indicated slight growth from August 2022 to August 2023: its price increased at an average monthly rate of +1.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, fresh or chilled turkey cut import price decreased by -16.6% against April 2023 indices. The pace of growth was the most pronounced in October 2022 when the average import price increased by 30% against the previous month. Over the period under review, average import prices reached the maximum at $7,608 per ton in December 2022; however, from January 2023 to August 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Italy ($6,132 per ton), while the price for France ($843 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Ireland (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fresh or Chilled Turkey Cut in the UK (FOB) - 2023
In August 2023, the average export price for fresh or chilled turkey cuts amounted to $1,833 per ton, picking up by 4.8% against the previous month. In general, the export price posted notable growth. The most prominent rate of growth was recorded in December 2022 an increase of 283% against the previous month. As a result, the export price attained the peak level of $7,404 per ton. From January 2023 to August 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Ireland ($5,301 per ton), while the average price for exports to the Netherlands ($1,561 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+23.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fresh or Chilled Turkey Cut in the UK
In 2022, imports of fresh or chilled turkey cuts into the UK stood at 15K tons, with an increase of 13% against the previous year's figure. Overall, imports, however, saw a deep contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 15%.
In value terms, fresh or chilled turkey cut imports surged to $90M in 2022. Over the period under review, imports, however, showed a noticeable decrease.
| Import of Fresh or Chilled Turkey Cut in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 54.9 | 21.2 | 27.8 | 48.1 | -4.3% |
| Ireland | 15.2 | 4.8 | 8.9 | 12.6 | -6.1% |
| Italy | 10.2 | 5.1 | 7.4 | 11.7 | 4.7% |
| Germany | 9.8 | 8.8 | 13.2 | 11.6 | 5.8% |
| Romania | 0.3 | 0.7 | 0.1 | 1.9 | 85.0% |
| Netherlands | 0.7 | 0.4 | 0.5 | 1.5 | 28.9% |
| France | 1.1 | 0.7 | 0.6 | 0.7 | -14.0% |
| Others | 5.1 | 1.1 | 2.7 | 1.9 | -28.0% |
| Total | 97.3 | 42.7 | 61.2 | 90.1 | -2.5% |
Top Suppliers of Fresh or Chilled Turkey Cut to the UK in 2022:
- Poland (8.1K tons)
- Germany (2.1K tons)
- Ireland (2.1K tons)
- Italy (1.7K tons)
- Romania (0.4K tons)
- France (0.4K tons)
- Netherlands (0.3K tons)
Exports of Fresh or Chilled Turkey Cut in the UK
Fresh or chilled turkey cut exports from the UK declined dramatically to 4.5K tons in 2022, which is down by -36% on 2021 figures. In general, exports recorded a dramatic contraction. The smallest decline of -21.1% was in 2021.
In value terms, fresh or chilled turkey cut exports shrank remarkably to $6.2M in 2022. Over the period under review, exports showed a significant decrease. The smallest decline of -21.3% was in 2021.
| Export of Fresh or Chilled Turkey Cut in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 7.7 | 4.2 | 3.8 | 3.5 | -23.1% |
| Netherlands | 0.8 | 0.5 | 2.7 | 1.3 | 17.6% |
| Ireland | 4.7 | 4.1 | 0.9 | 0.7 | -47.0% |
| Poland | N/A | N/A | 0.1 | 0.6 | 500.0% |
| France | 0.5 | 0.3 | 0.2 | 0.1 | -41.5% |
| Malta | 0.4 | 0.2 | N/A | N/A | -50.0% |
| Romania | 0.3 | 0.4 | N/A | N/A | 33.3% |
| Others | 0.9 | 0.7 | 0.4 | 0.1 | -51.9% |
| Total | 15.2 | 10.5 | 8.3 | 6.2 | -25.8% |
Top Export Markets for Fresh or Chilled Turkey Cut from the UK in 2022:
- Germany (2066.9 tons)
- Netherlands (1179.4 tons)
- Ireland (652.3 tons)
- Poland (550.1 tons)
- France (55.6 tons)
This report provides an in-depth analysis of the market for fresh or chilled turkey cut 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 10121060 - Fresh or chilled cuts of turkey
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
- 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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