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Asia - Frozen Cuts Of Turkey - Market Analysis, Forecast, Size, Trends And Insights
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Asia: Frozen Turkey Cut Market Overview 2021

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Frozen Turkey Cut Market Size in Asia

After three years of growth, the Asian frozen turkey cut market decreased by -X% to $X in 2019. The market value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2008 when the market value increased by X% year-to-year. Over the period under review, the market hit record highs at $X in 2018, and then shrank modestly in the following year.

Frozen Turkey Cut Production in Asia

In value terms, frozen turkey cut production dropped to $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2018, and then reduced in the following year.

India (X tonnes) constituted the country with the largest volume of frozen turkey cut production, accounting for X% of total volume. Moreover, frozen turkey cut production in India exceeded the figures recorded by the second-largest producer, Turkey (X tonnes), threefold. Iran (X tonnes) ranked third in terms of total production with a X% share.

From 2007 to 2019, the average annual growth rate of volume in India amounted to +X%. The remaining producing countries recorded the following average annual rates of production growth: Turkey (+X% per year) and Iran (+X% per year).

Production By Country in Asia

The country with the largest volume of frozen turkey cut production was India (X tonnes), accounting for X% of total volume. Moreover, frozen turkey cut production in India exceeded the figures recorded by the second-largest producer, Turkey (X tonnes), threefold. The third position in this ranking was occupied by Iran (X tonnes), with a X% share.

In India, frozen turkey cut production expanded at an average annual rate of +X% over the period from 2007-2019. In the other countries, the average annual rates were as follows: Turkey (+X% per year) and Iran (+X% per year).

Frozen Turkey Cut Exports

Exports in Asia

In 2019, overseas shipments of frozen cuts of turkey increased by X% to X tonnes, rising for the second consecutive year after two years of decline. The total export volume increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, exports hit record highs in 2019 and are likely to see steady growth in years to come.

In value terms, frozen turkey cut exports rose slightly to $X in 2019. Total exports indicated a temperate increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2010 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at $X in 2014; however, from 2015 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Hong Kong SAR (X tonnes) and Turkey (X tonnes) dominates frozen turkey cut exports structure, together mixing up X% of total exports. It was distantly followed by Kazakhstan (X tonnes), mixing up a X% share of total exports. The following exporters - Israel (X tonnes), Jordan (X tonnes) and Cyprus (X tonnes) - together made up X% of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Cyprus, while exports for the other leaders experienced more modest paces of growth.

In value terms, Hong Kong SAR ($X), Turkey ($X) and Kazakhstan ($X) were the countries with the highest levels of exports in 2019, together accounting for X% of total exports. Israel, Jordan and Cyprus lagged somewhat behind, together comprising a further X terms of the main exporting countries, Cyprus saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the frozen turkey cut export price in Asia amounted to $X per tonne, remaining constant against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 when the export price increased by X% year-to-year. As a result, export price attained the peak level of $X per tonne. From 2013 to 2019, the growth in terms of the export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Israel ($X per tonne), while Kazakhstan ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Frozen Turkey Cut Imports

Imports in Asia

For the third consecutive year, Asia recorded decline in overseas purchases of frozen cuts of turkey, which decreased by -X% to X tonnes in 2019. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. The volume of import peaked at X tonnes in 2011; however, from 2012 to 2019, imports failed to regain the momentum.

In value terms, frozen turkey cut imports contracted to $X in 2019. Total imports indicated a slight expansion from 2007 to 2019: its value decreased at an average annual rate of -X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports decreased by -X% against 2016 indices. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, Hong Kong SAR (X tonnes), distantly followed by China (X tonnes), Azerbaijan (X tonnes), Palestine (X tonnes), Jordan (X tonnes) and the United Arab Emirates (X tonnes) were the largest importers of frozen cuts of turkey, together achieving X% of total imports. The following importers - Viet Nam (X tonnes), the Philippines (X tonnes), South Korea (X tonnes), Taiwan (Chinese) (X tonnes), Tajikistan (X tonnes), Japan (X tonnes) and Bahrain (X tonnes) - together made up X% of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Azerbaijan (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, Hong Kong SAR ($X), China ($X) and Palestine ($X) appeared to be the countries with the highest levels of imports in 2019, with a combined X% share of total imports. These countries were followed by the United Arab Emirates, South Korea, Jordan, Japan, Viet Nam, Taiwan (Chinese), Azerbaijan, the Philippines, Bahrain and Tajikistan, which together accounted for a further X (+X% per year) saw the highest growth rate of 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 2019, the frozen turkey cut import price in Asia amounted to $X per tonne, which is down by -X% against the previous year. Import price indicated a measured increase from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, frozen turkey cut import price decreased by -X% against 2015 indices. The pace of growth appeared the most rapid in 2012 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure at $X per tonne in 2015; however, from 2016 to 2019, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Palestine ($X per tonne), while Tajikistan ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen cuts of turkey in Asia?
+
India (198K tonnes) remains the largest frozen turkey cut consuming country in Asia, accounting for 41% of total volume. Moreover, frozen turkey cut consumption in India exceeded the figures recorded by the second-largest consumer, Turkey (47K tonnes), fourfold. The third position in this ranking was occupied by Iran (41K tonnes), with a 8.6% share.
What are the largest producers of frozen cuts of turkey in Asia?
+
The country with the largest volume of frozen turkey cut production was India (199K tonnes), accounting for 44% of total volume. Moreover, frozen turkey cut production in India exceeded the figures recorded by the second-largest producer, Turkey (57K tonnes), threefold. The third position in this ranking was occupied by Iran (41K tonnes), with a 9.2% share.
What are the leading suppliers of frozen cuts of turkey in Asia?
+
In value terms, the largest frozen turkey cut supplying countries in Asia were Hong Kong SAR ($35M), Turkey ($21M) and Kazakhstan ($5.4M), with a combined 84% share of total exports. Israel, Jordan and Cyprus lagged somewhat behind, together accounting for a further 12%.
What are the leading importers of frozen cuts of turkey in Asia?
+
In value terms, Hong Kong SAR ($21M), China ($20M) and Palestine ($12M) were the countries with the highest levels of imports in 2019, together accounting for 49% of total imports. The United Arab Emirates, South Korea, Jordan, Japan, Viet Nam, Taiwan (Chinese), Azerbaijan, the Philippines, Bahrain and Tajikistan lagged somewhat behind, together comprising a further 33%.
What is the average export price for frozen cuts of turkey in Asia?
+
The frozen turkey cut export price in Asia stood at $2,289 per tonne in 2019, approximately mirroring the previous year.
What is the average import price for frozen cuts of turkey in Asia?
+
The frozen turkey cut import price in Asia stood at $1,709 per tonne in 2019, falling by -9.9% against the previous year.

Product coverage:
• Prodcom 10122055 - Frozen cuts of turkey

This report provides an in-depth analysis of the frozen turkey cut market in Asia. 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 2025.


Country coverage:
• Afghanistan
• Armenia
• Bahrain
• Bhutan
• Brunei Darussalam
• Cambodia
• China, Macao SAR
• Cyprus
• Democratic People's Republic of Korea
• Georgia
• Jordan
• Kyrgyzstan
• Lao People's Democratic Republic
• Lebanon
• Maldives
• Mongolia
• Nepal
• Palestine
• Syrian Arab Republic
• Taiwan, Chinese
• Tajikistan
• Timor-Leste
• Turkmenistan
• Yemen

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Asia, split by region and country
• Trade (exports and imports) in Asia
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
PRODUCING ANIMALS AND YIELD BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Afghanistan
• Armenia
• Azerbaijan
• Bahrain
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China
• China, Hong Kong SAR
• China, Macao SAR
• Cyprus
• Georgia
• India
• Indonesia
• Iran
• Iraq
• Israel
• Japan
• Jordan
• Kazakhstan
• Kuwait
• Kyrgyzstan
• Lebanon
• Malaysia
• Maldives
• Mongolia
• Myanmar
• Nepal
• Oman
• Pakistan
• Palestine
• Philippines
• Qatar
• Saudi Arabia
• Singapore
• South Korea
• Sri Lanka
• Syrian Arab Republic
• Taiwan, Chinese
• Tajikistan
• Thailand
• Timor-Leste
• Turkey
• Turkmenistan
• United Arab Emirates
• Uzbekistan
• Viet Nam
• Yemen
• Lao People's Democratic Republic
• Democratic People's Republic of Korea
LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption, By Country, 2015–2019
Table 5:
Production, In Physical Terms, By Country, 2007–2019
Table 6:
Producing Animals, By Country, 2007–2019
Table 7:
Yield, By Country, 2007–2019
Table 8:
Imports, In Physical Terms, By Country, 2007–2019
Table 9:
Imports, In Value Terms, By Country, 2007–2019
Table 10:
Import Prices, By Country Of Destination, 2007–2019
Table 11:
Exports, In Physical Terms, By Country, 2007–2019
Table 12:
Exports, In Value Terms, By Country, 2007–2019
Table 13:
Export Prices, By Country Of Origin, 2007–2019
Table 14:
Producer Prices, By Major Producing Country, 2019
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Consumption, By Country, 2019
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2019
Figure 18:
Production, In Value Terms, 2007–2019
Figure 19:
Producing Animals, 2007–2019
Figure 20:
Yield, 2007–2019
Figure 21:
Production, By Country, 2019
Figure 22:
Production, In Physical Terms, By Country, 2007–2019
Figure 23:
Producing Animals, By Country, 2019
Figure 24:
Producing Animals, By Country, 2007–2019
Figure 25:
Yield, By Country, 2007–2019
Figure 26:
Imports, In Physical Terms, 2007–2019
Figure 27:
Imports, In Value Terms, 2007–2019
Figure 28:
Imports, In Physical Terms, By Country, 2019
Figure 29:
Imports, In Physical Terms, By Country, 2007–2019
Figure 30:
Imports, In Value Terms, By Country, 2007–2019
Figure 31:
Import Prices, By Country, 2007–2019
Figure 32:
Exports, In Physical Terms, 2007–2019
Figure 33:
Exports, In Value Terms, 2007–2019
Figure 34:
Exports, In Physical Terms, By Country, 2019
Figure 35:
Exports, In Physical Terms, By Country, 2007–2019
Figure 36:
Exports, In Value Terms, By Country, 2007–2019
Figure 37:
Export Prices, 2007–2019

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