United Kingdom - Turkey Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTurkey Meat Price in the UK - 2023
Contents:
- Turkey Meat Price in the UK (CIF) - 2022
- Turkey Meat Price in the UK (FOB) - 2022
- Turkey Meat Imports in the UK
- Turkey Meat Exports in the UK
Turkey Meat Price in the UK (CIF) - 2022
The average turkey meat import price stood at $5,062 per ton in 2022, growing by 33% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ireland ($6,200 per ton), while the price for France ($2,365 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Turkey Meat Price in the UK (FOB) - 2022
In 2022, the average turkey meat export price amounted to $1,701 per ton, rising by 30% against the previous year. In general, the export price, however, continues to indicate a slight downturn. The export price peaked at $1,973 per ton in 2013; however, from 2014 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 France ($2,573 per ton), while the average price for exports to Ukraine ($448 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 Haiti (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.
Turkey Meat Imports in the UK
After two years of decline, overseas purchases of turkey meat increased by 3.4% to 26K tons in 2022. Over the period under review, imports, however, showed a abrupt decline.
In value terms, turkey meat imports soared to $130M in 2022. In general, imports, however, saw a abrupt shrinkage.
| Import of Turkey Meat in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 71.1 | 34.3 | 38.3 | 63.8 | -3.5% |
| Ireland | 16.6 | 5.3 | 9.7 | 18.3 | 3.3% |
| Italy | 13.9 | 5.9 | 8.5 | 14.7 | 1.9% |
| Germany | 16.2 | 12.4 | 17.1 | 14.2 | -4.3% |
| Romania | 9.5 | 5.9 | 4.0 | 6.1 | -13.7% |
| France | 6.2 | 5.4 | 3.9 | 3.6 | -16.6% |
| Netherlands | 6.6 | 5.6 | 3.6 | 2.3 | -29.6% |
| Spain | 4.4 | 2.2 | 2.3 | 2.1 | -21.9% |
| Others | 7.3 | 5.6 | 7.4 | 5.2 | -10.7% |
| Total | 152 | 82.6 | 94.7 | 130 | -5.1% |
Top Suppliers of Turkey Meat to the UK in 2022:
- Poland (11.1K tons)
- Ireland (2.9K tons)
- Germany (2.7K tons)
- Italy (2.6K tons)
- France (1.5K tons)
- Romania (1.3K tons)
- Netherlands (0.9K tons)
- Spain (0.8K tons)
Turkey Meat Exports in the UK
In 2022, approx. 9.1K tons of turkey meat were exported from the UK; with a decrease of -21.2% against the year before. Overall, exports saw a dramatic downturn.
In value terms, turkey meat exports amounted to $16M in 2022. Over the period under review, exports recorded a dramatic slump.
| Export of Turkey Meat in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 8.3 | 4.7 | 4.0 | 4.5 | -18.5% |
| Netherlands | 3.6 | 1.9 | 3.2 | 1.8 | -20.6% |
| France | 2.4 | 1.9 | 1.6 | 1.6 | -12.6% |
| Ireland | 11.5 | 8.5 | 1.2 | 1.3 | -51.6% |
| Poland | 0.8 | 0.2 | 0.2 | 1.2 | 14.5% |
| Belgium | 0.6 | 0.3 | 0.4 | 0.6 | 0.0% |
| Benin | 0.2 | 0.1 | 0.2 | 0.5 | 35.7% |
| Ghana | N/A | 0.2 | 0.7 | 0.4 | 41.4% |
| Equatorial Guinea | 0.4 | N/A | 0.1 | 0.4 | 0.0% |
| Gabon | 1.5 | 0.7 | 0.3 | 0.4 | -35.6% |
| Mozambique | 0.1 | 0.4 | 0.3 | 0.4 | 58.7% |
| Haiti | 0.1 | 0.2 | 0.4 | 0.4 | 58.7% |
| Ukraine | 0.1 | N/A | N/A | 0.1 | 0.0% |
| Others | 8.7 | 5.3 | 2.7 | 1.9 | -39.8% |
| Total | 38.3 | 24.6 | 15.2 | 15.5 | -26.0% |
Top Export Markets for Turkey Meat from the UK in 2022:
- Germany (2568.8 tons)
- Netherlands (1674.5 tons)
- Poland (827.0 tons)
- Ireland (783.5 tons)
- France (615.1 tons)
- Equatorial Guinea (359.6 tons)
- Haiti (320.9 tons)
- Benin (316.1 tons)
- Gabon (284.6 tons)
- Mozambique (283.9 tons)
- Ghana (282.0 tons)
- Belgium (279.9 tons)
- Ukraine (222.5 tons)
This report provides an in-depth analysis of the turkey meat 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:
- FCL 1080 - Turkey meat
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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In March 2023, the turkey meat price stood at $4,564 per ton (CIF, United Kingdom), growing by 6.9% against the previous month.
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In April 2023, the price of Fresh Whole Chicken reached $2,664 per ton (CIF, United Kingdom), representing a 9.1% increase compared to the previous month.
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In 2019, the global turkey meat market increased by 3.5% to $12.8B, rising for the second consecutive year after two...
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The global turkey meat market revenue amounted to $544M in 2017, dropping by -11.8% against the previous year. This figure...
3290
In 2017, the global turkey meat market amounted to X tons, which was approximately the level of 2016.
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In 2017, the global turkey meat market amounted to X thousand tons, which was approximately the level of 2016.
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Global turkey meat consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
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Global turkey meat imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
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The U.S. continued its dominance in the global turkey meat trade. In 2014, the U.S. exported X thousand tons of turkey meat totaling X million USD, X% over the previous year. Its primary trading partner was Mexico, where it supplied X% of its t
