Czech Republic - Turkey Meat - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

Czech Republic: Turkey Meat Market Overview 2020

Turkey Meat Market Size in the Czech Republic

The revenue of the turkey meat market in the Czech Republic amounted to $X in 2018, jumping by X% against the previous year. Overall, turkey meat consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X% year-to-year. Over the period under review, the turkey meat market attained its peak figure level in 2018 and is expected to retain its growth in the near future.

Turkey Meat Production in the Czech Republic

In value terms, turkey meat production totaled $X in 2018 estimated in export prices. Overall, turkey meat production continues to indicate a drastic shrinkage. The most prominent rate of growth was recorded in 2014 when production volume increased by X% year-to-year. Turkey meat production peaked at $X in 2007; however, from 2008 to 2018, production failed to regain its momentum.

Average yield of turkey meat in the Czech Republic amounted to X kg per X heads in 2018, reducing by -X% against the previous year. Overall, the turkey meat yield continues to indicate a measured slump. The most prominent rate of growth was recorded in 2015 when yield increased by X% year-to-year. Over the period under review, the average turkey meat yield reached its peak figure level at X kg per head in 2009; however, from 2010 to 2018, yield remained at a lower figure.

In 2018, the number of animals slaughtered for turkey meat production in the Czech Republic amounted to X heads, falling by -X% against the previous year. In general, the number of animals slaughtered for turkey meat production continues to indicate a drastic drop. The pace of growth appeared the most rapid in 2016 when the number of producing animals increased by X% year-to-year. Number of animals slaughtered for turkey meat production peaked at X heads in 2007; however, from 2008 to 2018, producing animals failed to regain its momentum.

Turkey Meat Exports

Exports from the Czech Republic

In 2018, the amount of turkey meat exported from the Czech Republic amounted to X tonnes, standing approx. at the previous year. Over the period under review, turkey meat exports, however, continue to indicate prominent growth. The pace of growth was the most pronounced in 2010 when exports increased by X% year-to-year. Over the period under review, turkey meat exports reached their peak figure at X tonnes in 2017, leveling off in the following year.

In value terms, turkey meat exports amounted to $X in 2018. Over the period under review, turkey meat exports, however, continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Exports peaked in 2018 and are expected to retain its growth in the immediate term.

Exports by Country

Slovakia (X tonnes) was the main destination for turkey meat exports from the Czech Republic, accounting for a X% share of total exports. Moreover, turkey meat exports to Slovakia exceeded the volume sent to the second major destination, Greece (X tonnes), fivefold. The third position in this ranking was occupied by Denmark (X tonnes), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to Slovakia totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (+X% per year) and Denmark (+X% per year).

In value terms, Slovakia ($X) remains the key foreign market for turkey meat exports from the Czech Republic, comprising X% of total turkey meat exports. The second position in the ranking was occupied by Greece ($X), with a X% share of total exports. It was followed by Denmark, with a X% share.

From 2007 to 2018, the average annual growth rate of value to Slovakia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (+X% per year) and Denmark (+X% per year).

Export Prices by Country

The average turkey meat export price stood at $X per tonne in 2018, going up by X% against the previous year. Over the period under review, the turkey meat export price, however, continues to indicate an abrupt curtailment. The most prominent rate of growth was recorded in 2017 an increase of X% year-to-year. Over the period under review, the average export prices for turkey meat reached their maximum at $X per tonne in 2007; however, from 2008 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Switzerland ($X per tonne), while the average price for exports to Slovakia ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Greece, while the prices for the other major destinations experienced a decline.

Turkey Meat Imports

Imports into the Czech Republic

In 2018, the imports of turkey meat into the Czech Republic amounted to X tonnes, jumping by X% against the previous year. Over the period under review, turkey meat imports continue to indicate strong growth. The growth pace was the most rapid in 2008 when imports increased by X% against the previous year. Over the period under review, turkey meat imports reached their maximum in 2018 and are likely to continue its growth in the near future.

In value terms, turkey meat imports totaled $X in 2018. In general, turkey meat imports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2011 when imports increased by X% against the previous year. Imports peaked in 2018 and are likely to continue its growth in the immediate term.

Imports by Country

In 2018, Poland (X tonnes) constituted the largest supplier of turkey meat to the Czech Republic, accounting for a X% share of total imports. Moreover, turkey meat imports from Poland exceeded the figures recorded by the second-largest supplier, France (X tonnes), fourfold. The third position in this ranking was occupied by Germany (X tonnes), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from Poland amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+X% per year) and Germany (+X% per year).

In value terms, Poland ($X) constituted the largest supplier of turkey meat to the Czech Republic, comprising X% of total turkey meat imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports. It was followed by Hungary, with a X% share.

From 2007 to 2018, the average annual growth rate of value from Poland stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Hungary (+X% per year).

Import Prices by Country

The average turkey meat import price stood at $X per tonne in 2018, surging by X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2011 when the average import price increased by X% y-o-y. The import price peaked at $X per tonne in 2014; however, from 2015 to 2018, import prices remained at a lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Spain, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform