
Czech Republic - Turkey Meat - Market Analysis, Forecast, Size, Trends And Insights
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Czech Republic: Turkey Meat Market Overview 2021
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Turkey Meat Market Size in the Czech Republic
For the fourth consecutive year, the Czech turkey meat market recorded growth in sales value, which increased by X% to $X in 2019. Over the period under review, consumption, however, enjoyed buoyant growth. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Turkey meat consumption peaked in 2019 and is likely to continue growth in the near future.
Turkey Meat Production in the Czech Republic
In value terms, turkey meat production amounted to $X in 2019 estimated in export prices. In general, production faced a abrupt decrease. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Turkey meat production peaked at $X in 2007; however, from 2008 to 2019, production remained at a lower figure.
The average yield of turkey meat in the Czech Republic shrank modestly to X kg per X heads in 2019, dropping by -X% compared with the previous year. In general, the yield saw a mild descent. The most prominent rate of growth was recorded in 2017 when the yield increased by X% against the previous year. Over the period under review, the average turkey meat yield reached the maximum level at X kg per head in 2009; however, from 2010 to 2019, the yield remained at a lower figure.
The number of animals slaughtered for turkey meat production in the Czech Republic contracted to X heads in 2019, which is down by -X% compared with the previous year. Over the period under review, the number of producing animals saw a deep setback. The most prominent rate of growth was recorded in 2018 when the number of producing animals increased by X% y-o-y. Over the period under review, this number hit record highs at X heads in 2007; however, from 2008 to 2019, producing animals stood at a somewhat lower figure.
Turkey Meat Exports
Exports from the Czech Republic
In 2019, shipments abroad of turkey meat decreased by -X% to X tonnes, falling for the fifth year in a row after two years of growth. Overall, exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2013 when exports increased by X% year-to-year. Exports peaked at X tonnes in 2014; however, from 2015 to 2019, exports remained at a lower figure.
In value terms, turkey meat exports expanded slightly to $X in 2019. Over the period under review, exports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. Exports peaked at $X in 2014; however, from 2015 to 2019, exports failed to regain the momentum.
Exports by Country
Slovakia (X tonnes) was the main destination for turkey meat exports from the Czech Republic, with a X% share of total exports. Moreover, turkey meat exports to Slovakia exceeded the volume sent to the second major destination, Austria (X tonnes), eightfold. The third position in this ranking was occupied by Poland (X tonnes), with a X% share.
From 2007 to 2019, the average annual growth rate of volume to Slovakia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (-X% per year) and Poland (-X% per year).
In value terms, Slovakia ($X) remains the key foreign market for turkey meat exports from the Czech Republic, comprising X% of total exports. The second position in the ranking was occupied by Austria ($X), with a X% share of total exports. It was followed by Switzerland, with a X% share.
From 2007 to 2019, 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: Austria (-X% per year) and Switzerland (-X% per year).
Export Prices by Country
The average turkey meat export price stood at $X per tonne in 2019, increasing by X% against the previous year. In general, the export price, however, showed a perceptible setback. The growth pace was the most rapid in 2017 when the average export price increased by X% y-o-y. The export price peaked at $X per tonne in 2007; however, from 2008 to 2019, export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2019, the country with the highest price was Switzerland ($X per tonne), while the average price for exports to Austria ($X per tonne) was amongst the lowest.
From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland, while the prices for the other major destinations experienced a decline.
Turkey Meat Imports
Imports into the Czech Republic
In 2019, after nine years of growth, there was decline in overseas purchases of turkey meat, when their volume decreased by -X% to X tonnes. In general, imports, however, enjoyed prominent growth. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. Imports peaked at X tonnes in 2018, and then declined in the following year.
In value terms, turkey meat imports totaled $X in 2019. Over the period under review, imports, however, showed a resilient increase. The growth pace was the most rapid in 2011 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2019 and are likely to see steady growth in the near future.
Imports by Country
In 2019, Poland (X tonnes) constituted the largest turkey meat supplier to the Czech Republic, accounting for a X% share of total imports. Moreover, turkey meat imports from Poland exceeded the figures recorded by the second-largest supplier, Hungary (X tonnes), tenfold. The third position in this ranking was occupied by Germany (X tonnes), with a X% share.
From 2007 to 2019, the average annual growth rate of volume from Poland amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+X% per year) and Germany (+X% per year).
In value terms, Poland ($X) constituted the largest supplier of turkey meat to the Czech Republic, comprising X% of total imports. The second position in the ranking was occupied by Hungary ($X), with a X% share of total imports. It was followed by Germany, with a X% share.
From 2007 to 2019, the average annual rate of growth in terms of value from Poland amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+X% per year) and Germany (+X% per year).
Import Prices by Country
The average turkey meat import price stood at $X per tonne in 2019, picking up by X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2011 when the average import price increased by X% year-to-year. Over the period under review, average import prices attained the peak figure at $X per tonne in 2012; however, from 2013 to 2019, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Germany ($X per tonne), while the price for Brazil ($X per tonne) was amongst the lowest.
From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox AI Platform
Frequently Asked Questions (FAQ) :
What are the largest markets for turkey meat in the world?+
The U.S. (2.4M tonnes) remains the largest turkey meat consuming country worldwide, comprising approx. 41% of total volume. Moreover, turkey meat consumption in the U.S. exceeded the figures recorded by the second-largest consumer, Brazil (560K tonnes), fourfold. Germany (493K tonnes) ranked third in terms of total consumption with a 8.3% share.
What are the largest producers of turkey meat in the world?+
The U.S. (2.7M tonnes) remains the largest turkey meat producing country worldwide, comprising approx. 45% of total volume. Moreover, turkey meat production in the U.S. exceeded the figures recorded by the second-largest producer, Brazil (596K tonnes), fourfold. The third position in this ranking was occupied by Germany (470K tonnes), with a 7.9% share.
What are the leading suppliers of turkey meat to the Czech Republic?+
In value terms, Poland ($47M) constituted the largest supplier of turkey meat to the Czech Republic, comprising 77% of total imports. The second position in the ranking was occupied by Hungary ($5.6M), with a 9% share of total imports. It was followed by Germany, with a 7.2% share.
What are the leading importers of turkey meat from the Czech Republic?+
In value terms, Slovakia ($861K) remains the key foreign market for turkey meat exports from the Czech Republic, comprising 72% of total exports. The second position in the ranking was occupied by Austria ($97K), with a 8.1% share of total exports. It was followed by Switzerland, with a 7% share.
What is the average export price for turkey meat in the Czech Republic?+
The average turkey meat export price stood at $2,675 per tonne in 2019, increasing by 24% against the previous year.
What is the average import price for turkey meat in the Czech Republic?+
In 2019, the average turkey meat import price amounted to $3,483 per tonne, with an increase of 3.8% against the previous year.
This report provides an in-depth analysis of the turkey meat market in the Czech Republic. 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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