Eastern Europe: Turkey Meat Market 2024

Turkey Meat Market Size in Eastern Europe

The East European turkey meat market contracted to $X in 2022, waning by X% against the previous year. Overall, consumption posted resilient growth. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Turkey Meat Production in Eastern Europe

In value terms, turkey meat production shrank modestly to $X in 2022 estimated in export price. The total production indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

The country with the largest volume of turkey meat production was Poland (X tons), comprising approx. X% of total volume. Moreover, turkey meat production in Poland exceeded the figures recorded by the second-largest producer, Hungary (X tons), fivefold. Ukraine (X tons) ranked third in terms of total production with a X% share.

From 2012 to 2022, the average annual growth rate of volume in Poland totaled X%. The remaining producing countries recorded the following average annual rates of production growth: Hungary (X% per year) and Ukraine (X% per year).

In 2022, the average turkey meat yield in Eastern Europe shrank slightly to X kg per head, which is down by X% on the year before. The yield indicated a pronounced increase from 2012 to 2022: its figure increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, turkey meat yield increased by X% against 2016 indices. The pace of growth was the most pronounced in 2018 when the yield increased by X%. Over the period under review, the turkey meat yield reached the peak level at X kg per head in 2021, and then dropped in the following year.

In 2022, the number of animals slaughtered for turkey meat production in Eastern Europe expanded markedly to X heads, growing by X% on 2021. This number increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, this number hit record highs at X heads in 2020; however, from 2021 to 2022, producing animals stood at a somewhat lower figure.

Turkey Meat Exports

Exports in Eastern Europe

In 2022, exports of turkey meat in Eastern Europe rose rapidly to X tons, surging by X% against 2021 figures. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is likely to see gradual growth in the near future.

In value terms, turkey meat exports soared to $X in 2022. Total exports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Poland represented the key exporter of turkey meat in Eastern Europe, with the volume of exports reaching X tons, which was approx. X% of total exports in 2022. Hungary (X tons) took the second position in the ranking, followed by Russia (X tons). All these countries together took near X% share of total exports.

Exports from Poland increased at an average annual rate of X% from 2012 to 2022. At the same time, Russia (X%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Hungary (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Poland and Russia increased by X and X percentage points, respectively.

In value terms, Poland ($X) remains the largest turkey meat supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Hungary ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Poland totaled X%. In the other countries, the average annual rates were as follows: Hungary (X% per year) and Russia (X% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, jumping by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Hungary ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced more modest paces of growth.

Turkey Meat Imports

Imports in Eastern Europe

In 2022, the amount of turkey meat imported in Eastern Europe declined to X tons, falling by X% compared with the previous year's figure. Over the period under review, imports recorded a noticeable setback. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, turkey meat imports expanded remarkably to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

The countries with the highest levels of turkey meat imports in 2022 were Poland (X tons), Romania (X tons) and the Czech Republic (X tons), together resulting at X% of total import. Slovakia (X tons) ranks next in terms of the total imports with a X% share, followed by Bulgaria (X%). Hungary (X tons), Ukraine (X tons), Lithuania (X tons), Belarus (X tons), Latvia (X tons), Estonia (X tons) and Moldova (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Moldova (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest turkey meat importing markets in Eastern Europe were the Czech Republic ($X), Romania ($X) and Poland ($X), with a combined X% share of total imports. Slovakia, Hungary, Lithuania, Bulgaria, Estonia, Latvia, Belarus, Moldova and Ukraine lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Moldova, with a CAGR of X%, recorded the highest growth rate of 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

In 2022, the import price in Eastern Europe amounted to $X per ton, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, import prices attained the maximum in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Estonia ($X per ton), while Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :