India - Turkey Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTurkey Meat Price in India - 2023
Contents:
- Turkey Meat Price in India (FOB) - 2022
- Turkey Meat Price in India (CIF) - 2022
- Turkey Meat Exports in India
- Turkey Meat Imports in India
Turkey Meat Price in India (FOB) - 2022
In 2022, the average turkey meat export price amounted to $1,880 per ton, flattening at the previous year. Overall, the export price saw a noticeable descent. The most prominent rate of growth was recorded in 2018 when the average export price increased by 19% against the previous year. Over the period under review, the average export prices hit record highs at $2,312 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Maldives ($2,002 per ton), while the average price for exports to Angola ($761 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bhutan (-0.4%), while the prices for the other major destinations experienced a decline.
Turkey Meat Price in India (CIF) - 2022
In November 2022, the average turkey meat import price amounted to $5,471 per ton, leveling off at the previous month. Overall, the import price showed a relatively flat trend pattern. As a result, import price reached the peak level of $5,655 per ton. From July 2022 to November 2022, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In November 2022, the country with the highest price was the United Arab Emirates ($6,580 per ton), while the price for Brazil stood at $4,536 per ton.
From June 2022 to November 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (0.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Turkey Meat Exports in India
In 2022, after three years of growth, there was significant decline in shipments abroad of turkey meat, when their volume decreased by -5.3% to 425 tons. The total export volume increased at an average annual rate of +5.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 12%.
In value terms, turkey meat exports shrank to $798K in 2022. The total export value increased at an average annual rate of +6.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 12%.
| Export of Turkey Meat in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bhutan | 387 | 493 | 499 | 497 | 8.7% |
| Maldives | 200 | 240 | 288 | 264 | 9.7% |
| Angola | 0.8 | N/A | N/A | 14.8 | 164.5% |
| Comoros | 47.4 | N/A | N/A | N/A | 0% |
| Others | 33.9 | 19.0 | 57.0 | 22.5 | -12.8% |
| Total | 669 | 752 | 844 | 798 | 6.1% |
Top Export Markets for Turkey Meat from India in 2022:
- Bhutan (269.3 tons)
- Maldives (131.9 tons)
- Angola (19.5 tons)
Turkey Meat Imports in India
In 2022, purchases abroad of turkey meat was finally on the rise to reach 46 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a perceptible shrinkage.
In value terms, turkey meat imports skyrocketed to $239K in 2022. Overall, imports showed strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Turkey Meat in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 118 | 50.5 | 70.4 | 111 | -2.0% |
| United Arab Emirates | 11.8 | N/A | N/A | 68.5 | 79.7% |
| Brazil | 0.2 | 0.1 | N/A | 56.0 | 554.2% |
| Spain | 2.8 | 2.8 | 2.9 | 2.9 | 1.2% |
| United Kingdom | N/A | 64.9 | N/A | N/A | 0% |
| Singapore | 34.6 | N/A | N/A | N/A | 0% |
| Others | 2.5 | 1.2 | 1.1 | 0.2 | -56.9% |
| Total | 170 | 120 | 74.3 | 239 | 12.0% |
Top Suppliers of Turkey Meat to India in 2022:
- United States (20.9 tons)
- Brazil (11.9 tons)
- United Arab Emirates (10.0 tons)
- Spain (2.8 tons)
This report provides an in-depth analysis of the turkey meat market in India. 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:
- FCL 1080 - Turkey meat
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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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