EU: Frozen Whole Turkey Market Overview 2021

Frozen Whole Turkey Market Size in the EU

The EU frozen whole turkey market expanded significantly to $X in 2019, with an increase of X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. The level of consumption peaked at $X in 2014; however, from 2015 to 2019, consumption remained at a lower figure.

Frozen Whole Turkey Production in the EU

In value terms, frozen whole turkey production rose to $X in 2019 estimated in export prices. Over the period under review, production showed a drastic downturn. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. The level of production peaked at $X in 2007; however, from 2008 to 2019, production remained at a lower figure.

The countries with the highest volumes of frozen whole turkey production in 2019 were France (X tonnes), Germany (X tonnes) and the UK (X tonnes), with a combined X% share of total production.

From 2007 to 2019, the biggest increases were in the UK, while frozen whole turkey 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 whole turkey production in 2019 were France (X tonnes), Germany (X tonnes) and the UK (X tonnes), with a combined X% share of total production.

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

Frozen Whole Turkey Exports

Exports in the EU

In 2019, the amount of frozen whole turkeys exported in the European Union fell modestly to X tonnes, waning by -X% compared with the previous year. In general, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when exports increased by X% y-o-y. The volume of export peaked at X tonnes in 2011; however, from 2012 to 2019, exports stood at a somewhat lower figure.

In value terms, frozen whole turkey exports stood at $X in 2019. Overall, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. The level of export peaked at $X in 2011; however, from 2012 to 2019, exports remained at a lower figure.

Exports by Country

France dominates frozen whole turkey exports structure, accounting for X tonnes, which was near X% of total exports in 2019. Poland (X tonnes) ranks second in terms of the total exports with a X% share, followed by Spain (X%) and Germany (X%). Romania (X tonnes), Italy (X tonnes) and the Netherlands (X tonnes) occupied a little share of total exports.

From 2007 to 2019, average annual rates of growth with regard to frozen whole turkey exports from France stood at -X%. At the same time, Spain (+X%), Romania (+X%), Poland (+X%), the Netherlands (+X%) and Italy (+X%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +X% from 2007-2019. By contrast, Germany (-X%) illustrated a downward trend over the same period. While the share of Spain (+X p.p.), Poland (+X p.p.), Romania (+X p.p.) and Italy (+X p.p.) increased significantly in terms of the total exports from 2007-2019, the share of Germany (-X p.p.) and France (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In France, frozen whole turkey exports decreased by 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: Poland (+X% per year) and Germany (-X% per year).

Export Prices by Country

The frozen whole turkey export price in the European Union stood at $X per tonne in 2019, with an increase of X% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 an increase of X% against the previous year. As a result, export price attained the peak level of $X per tonne. From 2009 to 2019, the growth in terms of the export prices remained at a lower figure.

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

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

Frozen Whole Turkey Imports

Imports in the EU

In 2019, the amount of frozen whole turkeys imported in the European Union dropped notably to X tonnes, with a decrease of -X% compared with the previous year. In general, imports showed a pronounced reduction. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. The volume of import peaked at X tonnes in 2008; however, from 2009 to 2019, imports failed to regain the momentum.

In value terms, frozen whole turkey imports reduced to $X in 2019. Overall, imports saw a perceptible slump. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. The level of import peaked at $X in 2008; however, from 2009 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, Germany (X tonnes), distantly followed by Portugal (X tonnes), Denmark (X tonnes), Ireland (X tonnes), Greece (X tonnes), the UK (X tonnes), Italy (X tonnes) and Bulgaria (X tonnes) represented the major importers of frozen whole turkeys, together constituting X% of total imports.

From 2007 to 2019, the biggest increases were in Portugal, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constitutes the largest market for imported frozen whole turkeys in the European Union, comprising X% of total imports. The second position in the ranking was occupied by Denmark ($X), with a X% share of total imports. It was followed by the UK, with a X% share.

From 2007 to 2019, the average annual growth rate of value in Germany stood at -X%. In the other countries, the average annual rates were as follows: Denmark (-X% per year) and the UK (-X% per year).

Import Prices by Country

The frozen whole turkey import price in the European Union stood at $X per tonne in 2019, growing by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the import price increased by X% year-to-year. As a result, import price attained the peak level of $X per tonne. From 2009 to 2019, the growth in terms of the import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the UK ($X per tonne), while Bulgaria ($X per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen whole turkeys in the the EU?

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The countries with the highest volumes of frozen whole turkey consumption in 2019 were Germany (7.7K tonnes), the UK (5.5K tonnes) and France (5.5K tonnes), with a combined 51% share of total consumption. These countries were followed by Italy, Spain, Poland, the Netherlands, Romania, Belgium, Portugal, Denmark, Greece and Ireland, which together accounted for a further 44%.

What are the largest producers of frozen whole turkeys in the the EU?

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The countries with the highest volumes of frozen whole turkey production in 2019 were France (11K tonnes), Germany (6.7K tonnes) and the UK (5.2K tonnes), with a combined 59% share of total production.

What are the leading suppliers of frozen whole turkeys in the the EU?

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In value terms, France ($17M) remains the largest frozen whole turkey supplier in the European Union, comprising 54% of total exports. The second position in the ranking was occupied by Poland ($2.9M), with a 9.6% share of total exports. It was followed by Germany, with a 8.8% share.

What are the leading importers of frozen whole turkeys in the the EU?

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In value terms, Germany ($5M) constitutes the largest market for imported frozen whole turkeys in the European Union, comprising 23% of total imports. The second position in the ranking was occupied by Denmark ($2.5M), with a 11% share of total imports. It was followed by the UK, with a 11% share.

What is the average export price for frozen whole turkeys in the the EU?

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The frozen whole turkey export price in the European Union stood at $3,074 per tonne in 2019, picking up by 5.8% against the previous year.

What is the average import price for frozen whole turkeys in the the EU?

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The frozen whole turkey import price in the European Union stood at $3,050 per tonne in 2019, with an increase of 8.6% against the previous year.