Latest Report Update: Apr 16, 2021

China - Frozen Whole Turkeys - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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China: Frozen Whole Turkey Market Overview 2021

Frozen Whole Turkey Market Size in China

The Chinese frozen whole turkey market was estimated at $X in 2019, growing by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the market value increased by X% year-to-year. As a result, consumption attained the peak level of $X. From 2015 to 2019, the growth of the market remained at a lower figure.

Frozen Whole Turkey Production in China

In value terms, frozen whole turkey production expanded modestly to $X in 2019 estimated in export prices. Over the period under review, the total production indicated a measured expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% y-o-y. As a result, production attained the peak level of $X. From 2015 to 2019, production growth remained at a lower figure.

In 2019, the average yield of frozen whole turkeys in China was estimated at X kg per head, approximately equating 2018. Over the period under review, the yield recorded a relatively flat trend pattern.

In 2019, the number of animals slaughtered for frozen whole turkey production in China totaled X head, approximately reflecting 2018 figures. Over the period under review, the number of producing animals continues to indicate a relatively flat trend pattern.

Frozen Whole Turkey Exports

Exports from China

For the fourth year in a row, China recorded decline in overseas shipments of frozen whole turkeys, which decreased by -X% to X tonnes in 2019. Over the period under review, exports recorded a abrupt contraction. The growth pace was the most rapid in 2015 with an increase of X% year-to-year. Exports peaked at X tonnes in 2007; however, from 2008 to 2019, exports remained at a lower figure.

In value terms, frozen whole turkey exports dropped rapidly to $X in 2019. in general, exports faced a abrupt descent. The pace of growth appeared the most rapid in 2014 when exports increased by X% year-to-year. Exports peaked at $X in 2007; however, from 2008 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Bahrain (X tonnes) was the main destination for frozen whole turkey exports from China, with a approx. X% share of total exports.

From 2007 to 2019, the average annual growth rate of volume to Bahrain amounted to -X%.

In value terms, Bahrain ($X) also remains the key foreign market for frozen whole turkey exports from China.

From 2007 to 2019, the average annual growth rate of value to Bahrain stood at -X%.

Export Prices by Country

In 2019, the average frozen whole turkey export price amounted to $X per tonne, picking up by X% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable decline. The growth pace was the most rapid in 2014 when the average export price increased by X% year-to-year. As a result, export price reached the peak level of $X per tonne. From 2015 to 2019, the growth in terms of the average export prices failed to regain the momentum.

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

From 2007 to 2019, the rate of growth in terms of prices for Bahrain amounted to -X% per year.

Frozen Whole Turkey Imports

Imports into China

In 2019, supplies from abroad of frozen whole turkeys increased by X% to X tonnes, rising for the fourth consecutive year after two years of decline. Overall, imports saw a strong increase. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of X tonnes. From 2014 to 2019, the growth imports remained at a somewhat lower figure.

In value terms, frozen whole turkey imports surged to $X in 2019. Over the period under review, imports posted buoyant growth. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Imports peaked in 2019 and are likely to see steady growth in the immediate term.

Imports by Country

The U.S. (X tonnes) and Chile (X tonnes) were the main suppliers of frozen whole turkey imports to China, with a combined X% share of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the U.S..

In value terms, the U.S. ($X) and Chile ($X) constituted the largest frozen whole turkey suppliers to China, with a combined X% share of total imports.

In terms of the main suppliers, Chile recorded the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2019, the average frozen whole turkey import price amounted to $X per tonne, reducing by -X% against the previous year. Overall, import price indicated a moderate expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, frozen whole turkey import price decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. As a result, import price reached the peak level of $X per tonne. From 2016 to 2019, the growth in terms of the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. in 2019, the country with the highest price was the U.S. ($X per tonne), while the price for Chile amounted to $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Chile.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen whole turkeys in the world?
+
China (37K tonnes) remains the largest frozen whole turkey consuming country worldwide, comprising approx. 20% of total volume. Moreover, frozen whole turkey consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (18K tonnes), twofold. India (15K tonnes) ranked third in terms of total consumption with a 8.2% share.
What are the largest producers of frozen whole turkeys in the world?
+
The countries with the highest volumes of frozen whole turkey production in 2019 were the U.S. (38K tonnes), China (36K tonnes) and India (15K tonnes), with a combined 49% share of global production. These countries were followed by France, Pakistan, Germany, Brazil, Canada, the UK, Italy, Turkey, Spain and South Korea, which together accounted for a further 32%.
What are the leading suppliers of frozen whole turkeys to China?
+
In value terms, the U.S. ($913K) and Chile ($468K) appeared to be the largest frozen whole turkey suppliers to China, with a combined 100% share of total imports.
What are the leading importers of frozen whole turkeys from China?
+
In value terms, Bahrain ($21K) remains the key foreign market for frozen whole turkey exports from China.
What is the average export price for frozen whole turkeys in China?
+
In 2019, the average frozen whole turkey export price amounted to $1,099 per tonne, surging by 1.7% against the previous year.
What is the average import price for frozen whole turkeys in China?
+
The average frozen whole turkey import price stood at $3,615 per tonne in 2019, falling by -5.3% against the previous year.

Product coverage:
• Prodcom 10122015 - Frozen whole turkeys

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

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in China
• 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

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
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, PRODUCING ANIMALS AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

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

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 in 2007–2020
Table 5:
Imports, in Physical Terms, by Country, 2007–2020
Table 6:
Imports, in Value Terms, by Country, 2007–2020
Table 7:
Import Prices, by Country of Origin, 2007–2020
Table 8:
Exports, in Physical Terms, by Country, 2007–2020
Table 9:
Exports, in Value Terms, by Country, 2007–2020
Table 10:
Export Prices, by Country of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, in Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, in Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, in Value Terms, 2007–2020
Figure 5:
Trade Balance, in Physical Terms, 2007–2020
Figure 6:
Trade Balance, in Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast to 2030
Figure 9:
Products: Market Size and Growth, by Type
Figure 10:
Products: Average Per Capita Consumption, by Type
Figure 11:
Products: Exports and Growth, by Type
Figure 12:
Products: Export Prices and Growth, by Type
Figure 13:
Production Volume and Growth
Figure 14:
Yield and Growth
Figure 15:
Exports and Growth
Figure 16:
Export Prices and Growth
Figure 17:
Market Size and Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports and Growth
Figure 20:
Import Prices
Figure 21:
Production, in Physical Terms, 2007–2020
Figure 22:
Production, in Value Terms, 2007–2020
Figure 23:
Producing Animals Slaughtered, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, in Physical Terms, 2007–2020
Figure 26:
Imports, in Value Terms, 2007–2020
Figure 27:
Imports, in Physical Terms, by Country, 2020
Figure 28:
Imports, in Physical Terms, by Country, 2007–2020
Figure 29:
Imports, in Value Terms, by Country, 2007–2020
Figure 30:
Import Prices, by Country of Origin, 2007–2020
Figure 31:
Exports, in Physical Terms, 2007–2020
Figure 32:
Exports, in Value Terms, 2007–2020
Figure 33:
Exports, in Physical Terms, by Country, 2020
Figure 34:
Exports, in Physical Terms, by Country, 2007–2020
Figure 35:
Exports, in Value Terms, by Country, 2007–2020
Figure 36:
Export Prices, by Country of Destination, 2007–2020
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