Africa: Preserved Turkey Market 2024

Preserved Turkey Market Size in Africa

The African preserved turkey market dropped to $X in 2022, shrinking by X% against the previous year. In general, consumption, however, saw moderate growth. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Preserved Turkey Production in Africa

In value terms, preserved turkey production reduced to $X in 2022 estimated in export price. The total production indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

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Preserved Turkey Exports

Exports in Africa

In 2022, approx. X tons of prepared or preserved meat or offal of turkeys were exported in Africa; approximately equating the previous year's figure. Over the period under review, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by X%. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, preserved turkey exports surged to $X in 2022. In general, exports, however, saw a mild setback. The growth pace was the most rapid in 2017 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Morocco was the key exporter of prepared or preserved meat or offal of turkeys in Africa, with the volume of exports resulting at X tons, which was approx. X% of total exports in 2022. Egypt (X tons) held the second position in the ranking, followed by Tunisia (X tons). All these countries together held approx. X% share of total exports. South Africa (X tons) held a little share of total exports.

Exports from Morocco decreased at an average annual rate of X% from 2012 to 2022. At the same time, Egypt (X%) and Tunisia (X%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. By contrast, South Africa (X%) illustrated a downward trend over the same period. While the share of Egypt (X p.p.) and Tunisia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Morocco (X p.p.) and South Africa (X p.p.) displayed negative dynamics.

In value terms, the largest preserved turkey supplying countries in Africa were Egypt ($X), Morocco ($X) and Tunisia ($X), with a combined X% share of total exports.

Egypt, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The level of export peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Egypt ($X per ton), while Morocco ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the other leaders experienced mixed trends in the export price figures.

Preserved Turkey Imports

Imports in Africa

In 2022, approx. X tons of prepared or preserved meat or offal of turkeys were imported in Africa; which is down by X% against the year before. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, preserved turkey imports contracted sharply to $X in 2022. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

Equatorial Guinea (X tons), Senegal (X tons), Ghana (X tons), Morocco (X tons), Guinea (X tons), Angola (X tons), Cabo Verde (X tons), Gabon (X tons), Cote d'Ivoire (X tons), Mozambique (X tons), Swaziland (X tons) and Liberia (X tons) represented roughly X% of total imports in 2022. Benin (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Morocco (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest preserved turkey importing markets in Africa were Equatorial Guinea ($X), Ghana ($X) and Morocco ($X), together comprising X% of total imports.

Morocco, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Africa amounted to $X per ton, which is down by X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of X%. Over the period under review, import prices reached the maximum at $X per ton in 2021, and then dropped in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Cote d'Ivoire ($X per ton), while Angola ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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