Latest Report Update: Aug 15, 2021

Asia-Pacific - Prepared Or Preserved Meat Or Offal Of Turkeys - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

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Asia-Pacific: Preserved Turkey Market Overview 2021

Preserved Turkey Market Size in Asia-Pacific

In 2020, after two years of growth, there was decline in the Asia-Pacific preserved turkey market, when its value decreased by -X% to $X. In general, consumption continues to indicate a slight slump. The pace of growth was the most pronounced in 2018 with an increase of X% year-to-year. The level of consumption peaked at $X in 2007; however, from 2008 to 2020, consumption stood at a somewhat lower figure.

Preserved Turkey Production in Asia-Pacific

In value terms, preserved turkey production reduced modestly to $X in 2020 estimated in export prices. In general, production saw a mild downturn. The pace of growth appeared the most rapid in 2011 when the production volume increased by X% year-to-year. Over the period under review, production reached the maximum level at $X in 2007; however, from 2008 to 2020, production failed to regain the momentum.

Production By Country in Asia-Pacific

China (X tonnes) remains the largest preserved turkey producing country in Asia-Pacific, comprising approx. X% of total volume. Moreover, preserved turkey production in China exceeded the figures recorded by the second-largest producer, India (X tonnes), threefold. Japan (X tonnes) ranked third in terms of total production with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume in China was relatively modest. The remaining producing countries recorded the following average annual rates of production growth: India (+X% per year) and Japan (+X% per year).

Preserved Turkey Exports

Exports in Asia-Pacific

After three years of growth, overseas shipments of prepared or preserved meat or offal of turkeys decreased by -X% to X tonnes in 2020. Overall, exports, however, showed resilient growth. The growth pace was the most rapid in 2008 when exports increased by X% against the previous year. Over the period under review, exports attained the peak figure at X tonnes in 2019, and then plummeted in the following year.

In value terms, preserved turkey exports contracted dramatically to $X in 2020. Over the period under review, exports, however, enjoyed a noticeable expansion. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. The level of export peaked at $X in 2019, and then shrank markedly in the following year.

Exports by Country

Thailand dominates preserved turkey exports structure, finishing at X tonnes, which was near X% of total exports in 2020. It was distantly followed by China (X tonnes), Hong Kong SAR (X tonnes), Indonesia (X tonnes) and Malaysia (X tonnes), together generating a X% share of total exports. The following exporters - New Zealand (X tonnes) and Singapore (X tonnes) - each reached a X% share of total exports.

Exports from Thailand increased at an average annual rate of +X% from 2007 to 2020. At the same time, Indonesia (+X%), Malaysia (+X%), New Zealand (+X%) and China (+X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +X% from 2007-2020. By contrast, Hong Kong SAR (-X%) and Singapore (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of Thailand, Indonesia and Malaysia increased by +X%, +X% and +X% percentage points, while New Zealand (-X p.p.), Singapore (-X p.p.), China (-X p.p.) and Hong Kong SAR (-X p.p.) saw their share reduced.

In value terms, Thailand ($X) remains the largest preserved turkey supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was occupied by Malaysia ($X), with a X% share of total exports. It was followed by China, with a X% share.

In Thailand, preserved turkey exports expanded at an average annual rate of +X% over the period from 2007-2020. The remaining exporting countries recorded the following average annual rates of exports growth: Malaysia (+X% per year) and China (+X% per year).

Export Prices by Country

The preserved turkey export price in Asia-Pacific stood at $X per tonne in 2020, reducing by -X% against the previous year. Overall, the export price saw a pronounced decline. The pace of growth was the most pronounced in 2011 an increase of X% y-o-y. As a result, export price attained the peak level of $X per tonne. from 2012 to 2020, the growth in terms of the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Malaysia ($X per tonne), while Indonesia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Malaysia, while the other leaders experienced more modest paces of growth.

Preserved Turkey Imports

Imports in Asia-Pacific

In 2020, supplies from abroad of prepared or preserved meat or offal of turkeys was finally on the rise to reach X tonnes for the first time since 2017, thus ending a two-year declining trend. Overall, imports posted a notable increase. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. The volume of import peaked at X tonnes in 2017; however, from 2018 to 2020, imports failed to regain the momentum.

In value terms, preserved turkey imports shrank slightly to $X in 2020. Total imports indicated measured growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 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. The level of import peaked at $X in 2016; however, from 2017 to 2020, imports remained at a lower figure.

Imports by Country

The purchases of the three major importers of prepared or preserved meat or offal of turkeys, namely Singapore, Hong Kong SAR and Cambodia, represented more than half of total import. Japan (X tonnes) ranks next in terms of the total imports with a X% share, followed by New Caledonia (X%) and French Polynesia (X%). Thailand (X tonnes) followed a long way behind the leaders.

From 2007 to 2020, the biggest increases were in Cambodia, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X) constitutes the largest market for imported prepared or preserved meat or offal of turkeys in Asia-Pacific, comprising X% of total imports. The second position in the ranking was occupied by Japan ($X), with a X% share of total imports. It was followed by Hong Kong SAR, with a X% share.

From 2007 to 2020, the average annual growth rate of value in Singapore totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: Japan (+X% per year) and Hong Kong SAR (+X% per year).

Import Prices by Country

The preserved turkey import price in Asia-Pacific stood at $X per tonne in 2020, waning by -X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008 an increase of X% year-to-year. The level of import peaked at $X per tonne in 2014; however, from 2015 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Thailand ($X per tonne), while Cambodia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Thailand, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for prepared or preserved meat or offal of turkeys in Asia-Pacific?
+
China (1.2M tonnes) remains the largest preserved turkey consuming country in Asia-Pacific, accounting for 44% of total volume. Moreover, preserved turkey consumption in China exceeded the figures recorded by the second-largest consumer, India (445K tonnes), threefold. Japan (213K tonnes) ranked third in terms of total consumption with a 7.9% share.
What are the largest producers of prepared or preserved meat or offal of turkeys in Asia-Pacific?
+
China (1.2M tonnes) constituted the country with the largest volume of preserved turkey production, comprising approx. 44% of total volume. Moreover, preserved turkey production in China exceeded the figures recorded by the second-largest producer, India (445K tonnes), threefold. The third position in this ranking was occupied by Japan (213K tonnes), with a 7.9% share.
What are the leading suppliers of prepared or preserved meat or offal of turkeys in Asia-Pacific?
+
In value terms, Thailand ($757K) remains the largest preserved turkey supplier in Asia-Pacific, comprising 49% of total exports. The second position in the ranking was occupied by Malaysia ($213K), with a 14% share of total exports. It was followed by China, with a 9.1% share.
What are the leading importers of prepared or preserved meat or offal of turkeys in Asia-Pacific?
+
In value terms, Singapore ($2.8M) constitutes the largest market for imported prepared or preserved meat or offal of turkeys in Asia-Pacific, comprising 31% of total imports. The second position in the ranking was occupied by Japan ($1.2M), with a 13% share of total imports. It was followed by Hong Kong SAR, with a 12% share.
What is the average export price for prepared or preserved meat or offal of turkeys in Asia-Pacific?
+
The preserved turkey export price in Asia-Pacific stood at $2,755 per tonne in 2020, reducing by -20.9% against the previous year.
What is the average import price for prepared or preserved meat or offal of turkeys in Asia-Pacific?
+
In 2020, the preserved turkey import price in Asia-Pacific amounted to $3,885 per tonne, shrinking by -7.4% against the previous year.

Product coverage:
• Prodcom 10131525 - Prepared or preserved meat or offal of turkeys (excluding sausages, preparations of liver and prepared meals and dishes)

This report provides an in-depth analysis of the preserved turkey market in Asia-Pacific. 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
• American Samoa
• Bhutan
• Brunei Darussalam
• Cambodia
• Cook Islands
• Democratic People's Republic of Korea
• Fiji
• French Polynesia
• Guam
• Kiribati
• Lao People's Democratic Republic
• Macao SAR
• Maldives
• Marshall Islands
• Micronesia
• Nauru
• Nepal
• New Caledonia
• Niue
• Northern Mariana Islands
• Palau
• Papua New Guinea
• Samoa
• Solomon Islands
• Taiwan (Chinese)
• Timor-Leste
• Tokelau
• Tonga
• Tuvalu
• Vanuatu
• Wallis and Futuna Islands

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Asia-Pacific, split by region and country
• Trade (exports and imports) in Asia-Pacific
• 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
TOP EXPORTING COUNTRIES
5.4
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
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
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 2007–2020
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
• Australia
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China
• Hong Kong SAR
• Macao SAR
• Cook Islands
• Fiji
• French Polynesia
• India
• Indonesia
• Japan
• Kiribati
• Malaysia
• Maldives
• Marshall Islands
• Micronesia
• Myanmar
• Nepal
• New Caledonia
• New Zealand
• Northern Mariana Islands
• Pakistan
• Palau
• Papua New Guinea
• Philippines
• Samoa
• Singapore
• Solomon Islands
• South Korea
• Sri Lanka
• Taiwan (Chinese)
• Thailand
• Timor-Leste
• Tokelau
• Tonga
• Tuvalu
• Vanuatu
• Viet Nam
• Wallis and Futuna Islands
• Lao People's Democratic Republic
• American Samoa
• Democratic People's Republic of Korea
• Nauru
• Niue
• Guam
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
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:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020

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