Ireland: Turkey Meat Market 2023

Turkey Meat Market Size in Ireland

The Irish turkey meat market surged to $X in 2022, increasing by 46% against the previous year. Over the period under review, consumption posted mild growth. Turkey meat consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Turkey Meat Production in Ireland

In value terms, turkey meat production surged to $X in 2022 estimated in export price. In general, production, however, saw mild growth. The most prominent rate of growth was recorded in 2020 when the production volume increased by 146%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

The average yield of turkey meat in Ireland fell sharply to X kg per head in 2022, with a decrease of -24.2% on 2021 figures. In general, the yield, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the yield increased by 68%. As a result, the yield attained the peak level of X kg per head, and then fell notably in the following year.

In 2022, number of animals slaughtered for turkey meat production in Ireland surged to X heads, picking up by 25% compared with 2021. Over the period under review, the number of producing animals, however, recorded a abrupt descent. The number of animals slaughtered for turkey meat production peaked at X heads in 2017; however, from 2018 to 2022, producing animals failed to regain momentum.

Turkey Meat Exports

Exports from Ireland

In 2022, turkey meat exports from Ireland totaled X tons, leveling off at 2021. In general, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2013 when exports increased by 28%. Over the period under review, the exports reached the peak figure at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, turkey meat exports totaled $X in 2022. Over the period under review, exports recorded a pronounced shrinkage. The pace of growth appeared the most rapid in 2013 when exports increased by 29%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

The UK (X tons) was the main destination for turkey meat exports from Ireland, with a 75% share of total exports. Moreover, turkey meat exports to the UK exceeded the volume sent to the second major destination, the Netherlands (X tons), more than tenfold. Mozambique (X tons) ranked third in terms of total exports with a 4.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK stood at -8.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-0.3% per year) and Mozambique (0.0% per year).

It was followed by Germany, with a 2.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+10.1% per year) and Germany (+4.4% per year).

Export Prices by Country

In 2022, the average turkey meat export price amounted to $X per ton, stabilizing at the previous year. Overall, the export price posted a buoyant increase. The growth pace was the most rapid in 2020 an increase of 117% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Denmark ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.

Turkey Meat Imports

Imports into Ireland

In 2022, purchases abroad of turkey meat decreased by 0% to X tons, falling for the second consecutive year after three years of growth. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 12% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, turkey meat imports amounted to $X in 2022. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 11% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Germany (X tons) constituted the largest turkey meat supplier to Ireland, accounting for a 54% share of total imports. Moreover, turkey meat imports from Germany exceeded the figures recorded by the second-largest supplier, Poland (X tons), twofold. The third position in this ranking was taken by the UK (X tons), with an 8.5% share.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at +16.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+3.2% per year) and the UK (-7.7% per year).

In value terms, Germany ($X) constituted the largest supplier of turkey meat to Ireland, comprising 54% of total imports. The second position in the ranking was taken by Poland ($X), with a 26% share of total imports. It was followed by the UK, with a 4.2% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled +15.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+3.6% per year) and the UK (-16.0% per year).

Import Prices by Country

In 2022, the average turkey meat import price amounted to $X per ton, almost unchanged from the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 8.4%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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