Italy - Turkey Meat - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Mar 1, 2024

Italy - Turkey Meat - Market Analysis, Forecast, Size, Trends And Insights

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Turkey Meat Price in Italy - 2023

Contents:

  1. Turkey Meat Price in Italy (FOB) - 2023
  2. Turkey Meat Price in Italy (CIF) - 2023
  3. Turkey Meat Exports in Italy
  4. Turkey Meat Imports in Italy

Turkey Meat Price in Italy (FOB) - 2023

The average turkey meat export price stood at $3,372 per ton in July 2023, approximately reflecting the previous month. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 31% m-o-m. As a result, the export price attained the peak level of $4,664 per ton. From January 2023 to July 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 Austria ($5,856 per ton), while the average price for exports to Guinea ($1,796 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Guinea (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.

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Turkey Meat Price in Italy (CIF) - 2023

In July 2023, the average turkey meat import price amounted to $5,261 per ton, jumping by 31% against the previous month. Overall, the import price showed a relatively flat trend pattern. The import price peaked at $5,628 per ton in December 2022; however, from January 2023 to July 2023, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In July 2023, the countries with the highest prices were Brazil ($6,089 per ton) and the Netherlands ($5,902 per ton), while the price for Ukraine ($4,455 per ton) and Poland ($4,797 per ton) were amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Spain (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Turkey Meat Exports in Italy

In 2022, approx. 39K tons of turkey meat were exported from Italy; shrinking by -37.7% on the year before. Overall, exports recorded a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 2.6%.

In value terms, turkey meat exports declined remarkably to $137M in 2022. In general, exports saw a deep setback. The growth pace was the most rapid in 2021 with an increase of 11% against the previous year.

Export of Turkey Meat in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany59.556.158.432.2-18.5%
Portugal21.216.414.715.6-9.7%
France11.011.113.412.33.8%
United Kingdom14.57.79.212.2-5.6%
Poland6.06.214.411.524.2%
Greece16.910.08.29.2-18.3%
Austria11.48.910.67.0-15.0%
Benin7.77.28.25.8-9.0%
Serbia1.81.92.64.030.5%
Bulgaria3.02.93.83.77.2%
Croatia2.93.13.23.56.5%
Spain4.83.84.23.3-11.7%
Equatorial Guinea2.31.91.31.1-21.8%
Others24.019.521.715.1-14.3%
Total187157174137-9.9%

Top Export Markets for Turkey Meat from Italy in 2022:

  1. Germany (7.2K tons)
  2. Poland (6.4K tons)
  3. Portugal (3.4K tons)
  4. France (3.1K tons)
  5. Benin (3.0K tons)
  6. Greece (2.0K tons)
  7. United Kingdom (1.9K tons)
  8. Bulgaria (1.5K tons)
  9. Serbia (1.1K tons)
  10. Austria (1.1K tons)
  11. Croatia (1.0K tons)
  12. Spain (0.9K tons)
  13. Equatorial Guinea (0.8K tons)

Turkey Meat Imports in Italy

In 2022, the amount of turkey meat imported into Italy skyrocketed to 24K tons, with an increase of 124% on the previous year's figure. In general, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, turkey meat imports skyrocketed to $105M in 2022. Overall, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Turkey Meat in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland10.08.15.934.851.5%
Germany13.711.59.322.718.3%
Hungary8.96.98.420.231.4%
Spain6.55.26.514.129.4%
France0.82.61.55.185.4%
Netherlands3.93.15.53.7-1.7%
Others5.31.72.34.4-6.0%
Total49.139.139.410528.8%

Top Suppliers of Turkey Meat to Italy in 2022:

  1. Poland (8.1K tons)
  2. Germany (6.0K tons)
  3. Hungary (3.9K tons)
  4. Spain (3.1K tons)
  5. France (1.1K tons)
  6. Netherlands (0.8K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the turkey meat market in Italy. 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:

  • Italy

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Italy
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, PRODUCING ANIMALS AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Producing Animals Slaughtered, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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