EU: Frozen Turkey Cut Market 2021

Frozen Turkey Cut Market Size in the EU

For the third consecutive year, the EU frozen turkey cut market recorded growth in sales value, which increased by X% to $X in 2019. Overall, consumption, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X% year-to-year. Over the period under review, the market reached the maximum level at $X in 2008; however, from 2009 to 2019, consumption stood at a somewhat lower figure.

Frozen Turkey Cut Production in the EU

In value terms, frozen turkey cut production totaled $X in 2019 estimated in export prices. Over the period under review, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2009 to 2019, production growth remained at a lower figure.

The countries with the highest volumes of frozen turkey cut production in 2019 were Poland (X tons), Germany (X tons) and Italy (X tons), together comprising X% of total production.

From 2007 to 2019, the most notable rate of growth in terms of frozen turkey cut production, amongst the leading producing countries, was attained by Poland, while frozen turkey cut production for the other leaders experienced more modest paces of growth.

Production By Country in the EU

The countries with the highest volumes of frozen turkey cut production in 2019 were Poland (X tons), Germany (X tons) and Italy (X tons), with a combined X% share of total production.

From 2007 to 2019, the most notable rate of growth in terms of frozen turkey cut production, amongst the key producing countries, was attained by Poland, while frozen turkey cut production for the other leaders experienced more modest paces of growth.

Frozen Turkey Cut Exports

Exports in the EU

Frozen turkey cut exports was estimated at X tons in 2019, approximately mirroring 2018. The total export volume increased at an average annual rate of +X% from 2007 to 2019; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The volume of export peaked at X tons in 2013; however, from 2014 to 2019, exports stood at a somewhat lower figure.

In value terms, frozen turkey cut exports expanded rapidly to $X in 2019. The total export value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2011 when exports increased by X% against the previous year. Over the period under review, exports attained the peak figure at $X in 2013; however, from 2014 to 2019, exports remained at a lower figure.

Exports by Country

Poland represented the main exporter of frozen cuts of turkey in the European Union, with the volume of exports resulting at X tons, which was approx. X% of total exports in 2019. Germany (X tons) took the second position in the ranking, followed by Spain (X tons), France (X tons), the Netherlands (X tons), Italy (X tons) and Belgium (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 2007 to 2019. At the same time, Belgium (+X%), Spain (+X%) and Italy (+X%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +X% from 2007-2019. By contrast, Germany (-X%), the Netherlands (-X%) and France (-X%) illustrated a downward trend over the same period. From 2007 to 2019, the share of Poland, Spain and Belgium increased by +X%, +X% and +X% percentage points, while the Netherlands (-X p.p.), Germany (-X p.p.) and France (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest frozen turkey cut supplier in the European Union, comprising X% of total exports. The second position in the ranking was occupied by Germany ($X), with a X% share of total exports. It was followed by France, with a X% share.

In Poland, frozen turkey cut exports expanded at an average annual rate of +X% over the period from 2007-2019. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (+X% per year) and France (-X% per year).

Export Prices by Country

In 2019, the frozen turkey cut export price in the European Union amounted to $X per ton, rising by X% against the previous year. Over the last twelve-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2019, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Poland ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Germany, while the other leaders experienced more modest paces of growth.

Frozen Turkey Cut Imports

Imports in the EU

In 2019, overseas purchases of frozen cuts of turkey increased by X% to X tons for the first time since 2016, thus ending a two-year declining trend. Overall, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2012 with an increase of X% year-to-year. The volume of import peaked at X tons in 2013; however, from 2014 to 2019, imports failed to regain the momentum.

In value terms, frozen turkey cut imports expanded sharply to $X in 2019. The total import value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2008 when imports increased by X% y-o-y. The level of import peaked at $X in 2013; however, from 2014 to 2019, imports failed to regain the momentum.

Imports by Country

Germany (X tons), the Netherlands (X tons) and the UK (X tons) represented roughly X% of total imports of frozen cuts of turkey in 2019. Spain (X tons) held the next position in the ranking, followed by France (X tons), Romania (X tons) and Greece (X tons). All these countries together held approx. X% share of total imports. The following importers - Poland (X tons), Belgium (X tons), Italy (X tons), Portugal (X tons), Ireland (X tons) and Bulgaria (X tons) - together made up X% of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Portugal, while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and the UK ($X) were the countries with the highest levels of imports in 2019, with a combined X% share of total imports. Spain, France, Greece, Romania, Belgium, Italy, Ireland, Portugal, Bulgaria and Poland lagged somewhat behind, together accounting for a further X terms of the main importing countries, Portugal 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

The frozen turkey cut import price in the European Union stood at $X per ton in 2019, increasing by X% against the previous year. Over the last twelve-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 an increase of X% against the previous year. Over the period under review, import prices hit record highs in 2019 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Greece ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Romania, while the other leaders experienced more modest paces of growth.

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