Slovakia - Turkey Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTurkey Meat Price in Slovakia - 2023
Contents:
- Turkey Meat Price in Slovakia (CIF) - 2023
- Turkey Meat Price in Slovakia (FOB) - 2022
- Turkey Meat Imports in Slovakia
- Turkey Meat Exports in Slovakia
Turkey Meat Price in Slovakia (CIF) - 2023
The average turkey meat import price stood at $4,291 per ton in June 2023, almost unchanged from the previous month. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 an increase of 14% month-to-month. As a result, import price reached the peak level of $4,645 per ton. From January 2023 to June 2023, the average 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 Hungary ($5,395 per ton), while the price for the Czech Republic ($1,605 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 Hungary (+1.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Turkey Meat Price in Slovakia (FOB) - 2022
In 2022, the average turkey meat export price amounted to $6,000 per ton, rising by 27% against the previous year. Overall, the export price, however, recorded a abrupt contraction. The pace of growth was the most pronounced in 2014 when the average export price increased by 76%. The export price peaked at $11,163 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($6,789 per ton), while the average price for exports to Poland ($4,514 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 Austria (+1.6%), while the prices for the other major destinations experienced a decline.
Turkey Meat Imports in Slovakia
In 2022, purchases abroad of turkey meat decreased by -7.4% to 4.9K tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 35% against the previous year. As a result, imports reached the peak of 6.6K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, turkey meat imports totaled $19M in 2022. The total import value increased at an average annual rate of +3.7% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Turkey Meat in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 6.6 | 7.7 | 8.7 | 9.3 | 12.1% |
| Hungary | 8.4 | 6.9 | 7.0 | 8.1 | -1.2% |
| Czech Republic | 0.7 | 0.8 | 1.1 | 1.0 | 12.6% |
| Others | 1.0 | 0.1 | 0.2 | 0.2 | -41.5% |
| Total | 16.7 | 15.6 | 17.0 | 18.6 | 3.7% |
Top Suppliers of Turkey Meat to Slovakia in 2022:
- Poland (2.5K tons)
- Hungary (2.0K tons)
- Czech Republic (0.4K tons)
Turkey Meat Exports in Slovakia
For the third consecutive year, Slovakia recorded decline in overseas shipments of turkey meat, which decreased by -17.8% to 23 tons in 2022. In general, exports continue to indicate a precipitous slump. The smallest decline of -17% was in 2021.
In value terms, turkey meat exports expanded to $141K in 2022. Over the period under review, exports faced a sharp descent.
| Export of Turkey Meat in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 203 | 158 | 132 | 129 | -14.0% |
| Poland | 0.5 | 0.8 | N/A | 7.6 | 147.7% |
| Austria | 762 | 3.1 | 2.3 | 3.8 | -82.9% |
| Others | 11.0 | N/A | 0.1 | 0.2 | -73.7% |
| Total | 977 | 162 | 134 | 141 | -47.5% |
Top Export Markets for Turkey Meat from Slovakia in 2022:
- Czech Republic (21.2 tons)
- Poland (1.7 tons)
- Austria (0.6 tons)
This report provides an in-depth analysis of the turkey meat market in Slovakia. 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:
- Slovakia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Slovakia
- 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
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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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