Report Update Apr 1, 2024

Chile - Frozen Whole Turkeys - Market Analysis, Forecast, Size, Trends and Insights

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Chile: Frozen Whole Turkey Market 2024

Frozen Whole Turkey Market Size in Chile

The Chilean frozen whole turkey market skyrocketed to $X in 2022, jumping by 19% against the previous year. Overall, consumption showed a significant increase. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the near future.

Frozen Whole Turkey Production in Chile

In value terms, frozen whole turkey production shrank to $X in 2022 estimated in export price. Over the period under review, production recorded a pronounced decline. The most prominent rate of growth was recorded in 2015 with an increase of 2,665% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Frozen Whole Turkey Exports

Exports from Chile

In 2022, after five years of decline, there was significant growth in shipments abroad of frozen whole turkeys, when their volume increased by 31% to X tons. Over the period under review, exports, however, recorded a dramatic downturn. The pace of growth appeared the most rapid in 2015 when exports increased by 123% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, frozen whole turkey exports surged to $X in 2022. Overall, exports, however, continue to indicate a deep slump. The pace of growth was the most pronounced in 2015 when exports increased by 141%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Bolivia (X tons) was the main destination for frozen whole turkey exports from Chile, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Bolivia stood at -5.6%.

In value terms, Bolivia ($X) also remains the key foreign market for frozen whole turkeys exports from Chile.

From 2012 to 2022, the average annual growth rate of value to Bolivia stood at -3.0%.

Export Prices by Country

The average frozen whole turkey export price stood at $X per ton in 2022, increasing by 11% against the previous year. Over the last decade, it increased at an average annual rate of +4.3%. The most prominent rate of growth was recorded in 2021 when the average export price increased by 25%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Bolivia.

From 2012 to 2022, the rate of growth in terms of prices for Mexico amounted to +3.9% per year.

Frozen Whole Turkey Imports

Imports into Chile

In 2022, purchases abroad of frozen whole turkeys increased by 28% to X tons, rising for the third consecutive year after two years of decline. Over the period under review, imports posted a significant increase. The pace of growth was the most pronounced in 2016 with an increase of 188% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, frozen whole turkey imports skyrocketed to $X in 2022. Overall, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2016 with an increase of 389%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

Argentina (X tons), Brazil (X tons) and the United States (X tons) were the main suppliers of frozen whole turkey imports to Chile.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +109.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Argentina ($X) and the United States ($X) were the largest frozen whole turkey suppliers to Chile.

Among the main suppliers, the United States, with a CAGR of +105.2%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average frozen whole turkey import price stood at $X per ton in 2022, with an increase of 5% against the previous year. Over the period under review, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen whole turkey import price increased by +10.7% against 2020 indices. The pace of growth was the most pronounced in 2016 when the average import price increased by 70% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 the United States ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+8.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen whole turkeys in the world?

The countries with the highest volumes of consumption in 2022 were the United States, India and Brazil, together comprising 51% of global consumption. Mexico, Australia, Turkey, Germany, Chile, Canada, Argentina, Panama and Finland lagged somewhat behind, together accounting for a further 24%.

What are the largest producers of frozen whole turkeys in the world?

The United States constituted the country with the largest volume of frozen whole turkey production, comprising approx. 38% of total volume. Moreover, frozen whole turkey production in the United States exceeded the figures recorded by the second-largest producer, India, twofold. Brazil ranked third in terms of total production with an 8% share.

What are the leading suppliers of frozen whole turkeys to Chile?

In value terms, the largest frozen whole turkey suppliers to Chile were Brazil, Argentina and the United States.

What are the leading importers of frozen whole turkeys from Chile?

In value terms, Bolivia remains the key foreign market for frozen whole turkeys exports from Chile.

What is the average export price for frozen whole turkeys in Chile?

In 2022, the average frozen whole turkey export price amounted to $4,255 per ton, picking up by 11% against the previous year.

What is the average import price for frozen whole turkeys in Chile?

The average frozen whole turkey import price stood at $2,305 per ton in 2022, surging by 5% against the previous year.

This report provides an in-depth analysis of the frozen whole turkey market in Chile. 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:

Prodcom 10122015 - Frozen whole turkeys

Country coverage:

Chile

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Chile
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Producing Animals Slaughtered, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023