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Latin America and the Caribbean - Fresh Or Chilled Cuts Of Turkey - Market Analysis, Forecast, Size, Trends And Insights
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Latin America and the Caribbean: Overview of the Market for Fresh Or Chilled Cuts Of Turkey 2021

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Market Size for Fresh Or Chilled Cuts Of Turkey in Latin America and the Caribbean

For the fourth consecutive year, the Latin American market for fresh or chilled cuts of turkey recorded growth in sales value, which increased by X% to $X in 2019. The market value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when the market value increased by X% against the previous year. Over the period under review, the market hit record highs in 2019 and is likely to continue growth in years to come.

Production of Fresh Or Chilled Cuts Of Turkey in Latin America and the Caribbean

In value terms, fresh or chilled turkey cut production totaled $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2011 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs in 2019 and is expected to retain growth in the immediate term.

The country with the largest volume of fresh or chilled turkey cut production was Brazil (X tonnes), accounting for X% of total volume. Moreover, fresh or chilled turkey cut production in Brazil exceeded the figures recorded by the second-largest producer, Argentina (X tonnes), threefold. Venezuela (X tonnes) ranked third in terms of total production with a X% share.

From 2007 to 2019, the average annual growth rate of volume in Brazil stood at +X%. The remaining producing countries recorded the following average annual rates of production growth: Argentina (+X% per year) and Venezuela (+X% per year).

Production By Country in Latin America and the Caribbean

Brazil (X tonnes) constituted the country with the largest volume of fresh or chilled turkey cut production, accounting for X% of total volume. Moreover, fresh or chilled turkey cut production in Brazil exceeded the figures recorded by the second-largest producer, Argentina (X tonnes), threefold. The third position in this ranking was occupied by Venezuela (X tonnes), with a X% share.

From 2007 to 2019, the average annual growth rate of volume in Brazil totaled +X%. The remaining producing countries recorded the following average annual rates of production growth: Argentina (+X% per year) and Venezuela (+X% per year).

Exports of Fresh Or Chilled Cuts Of Turkey

Exports in Latin America and the Caribbean

In 2019, approx. X tonnes of fresh or chilled cuts of turkey were exported in Latin America and the Caribbean; falling by -X% on the previous year's figure. Overall, exports continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at X tonnes in 2011; however, from 2012 to 2019, exports failed to regain the momentum.

In value terms, fresh or chilled turkey cut exports contracted remarkably to $X in 2019. In general, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. As a result, exports attained the peak of $X. From 2012 to 2019, the growth exports failed to regain the momentum.

Exports by Country

Brazil prevails in fresh or chilled turkey cut exports structure, amounting to X tonnes, which was approx. X% of total exports in 2019. Chile (X tonnes) and Jamaica (X tonnes) followed a long way behind the leaders.

Exports from Brazil decreased at an average annual rate of -X% from 2007 to 2019. At the same time, Jamaica (+X%) displayed positive paces of growth. Moreover, Jamaica emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of +X% from 2007-2019. By contrast, Chile (-X%) illustrated a downward trend over the same period. Chile (+X p.p.) and Jamaica (+X p.p.) significantly strengthened its position in terms of the total exports, while Brazil saw its share reduced by -X% from 2007 to 2019, respectively.

In value terms, Brazil ($X) remains the largest fresh or chilled turkey cut supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was occupied by Chile ($X), with a X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of value in Brazil amounted to -X%. The remaining exporting countries recorded the following average annual rates of exports growth: Chile (-X% per year) and Jamaica (+X% per year).

Export Prices by Country

In 2019, the export price for fresh or chilled cuts of turkey in Latin America and the Caribbean amounted to $X per tonne, increasing by X% against the previous year. Export price indicated a notable increase from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, fresh or chilled turkey cut export price increased by +X% against 2015 indices. The growth pace was the most rapid in 2011 an increase of X% year-to-year. The level of export peaked at $X per tonne in 2014; however, from 2015 to 2019, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was Chile ($X per tonne), while Jamaica ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Chile, while the other leaders experienced mixed trends in the export price figures.

Imports of Fresh Or Chilled Cuts Of Turkey

Imports in Latin America and the Caribbean

In 2019, the amount of fresh or chilled cuts of turkey imported in Latin America and the Caribbean stood at X tonnes, surging by X% on 2018 figures. Over the period under review, imports, however, saw a slight contraction. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tonnes in 2008; however, from 2009 to 2019, imports failed to regain the momentum.

In value terms, fresh or chilled turkey cut imports rose markedly to $X in 2019. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. The level of import peaked at $X in 2014; however, from 2015 to 2019, imports remained at a lower figure.

Imports by Country

Mexico (X tonnes) represented roughly X% of total imports of fresh or chilled cuts of turkey in 2019.

Mexico was also the fastest-growing in terms of the fresh or chilled cuts of turkey imports, with a CAGR of -X% from 2007 to 2019. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported fresh or chilled cuts of turkey in Latin America and the Caribbean.

From 2007 to 2019, the average annual rate of growth in terms of value in Mexico was relatively modest.

Import Prices by Country

The import price for fresh or chilled cuts of turkey in Latin America and the Caribbean stood at $X per tonne in 2019, with an increase of X% against the previous year. Import price indicated a mild expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, fresh or chilled turkey cut import price increased by +X% against 2017 indices. The pace of growth appeared the most rapid in 2010 when the import price increased by X% y-o-y. Over the period under review, import prices reached the peak figure at $X per tonne in 2015; however, from 2016 to 2019, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Mexico.

From 2007 to 2019, the rate of growth in terms of prices for Mexico amounted to +X% per year.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for fresh or chilled cuts of turkey in LatAmerica and the Caribbean?
+
Brazil (354K tonnes) remains the largest fresh or chilled turkey cut consuming country in Latin America and the Caribbean, comprising approx. 49% of total volume. Moreover, fresh or chilled turkey cut consumption in Brazil exceeded the figures recorded by the second-largest consumer, Mexico (106K tonnes), threefold. Argentina (102K tonnes) ranked third in terms of total consumption with a 14% share.
What are the largest producers of fresh or chilled cuts of turkey in LatAmerica and the Caribbean?
+
Brazil (354K tonnes) constituted the country with the largest volume of fresh or chilled turkey cut production, accounting for 57% of total volume. Moreover, fresh or chilled turkey cut production in Brazil exceeded the figures recorded by the second-largest producer, Argentina (102K tonnes), threefold. The third position in this ranking was occupied by Venezuela (61K tonnes), with a 9.9% share.
What are the leading exporters of fresh or chilled cuts of turkey in LatAmerica and the Caribbean?
+
In value terms, Brazil ($361K) remains the largest fresh or chilled turkey cut supplier in Latin America and the Caribbean, comprising 93% of total exports. The second position in the ranking was occupied by Chile ($23K), with a 5.8% share of total exports.
What are the leading importers of fresh or chilled cuts of turkey in LatAmerica and the Caribbean?
+
In value terms, Mexico ($212M) constitutes the largest market for imported fresh or chilled cuts of turkey in Latin America and the Caribbean.
What is the average export price for fresh or chilled cuts of turkey in LatAmerica and the Caribbean?
+
The export price for fresh or chilled cuts of turkey in Latin America and the Caribbean stood at $4,251 per tonne in 2019, increasing by 6.7% against the previous year.
What is the average import price for fresh or chilled cuts of turkey in LatAmerica and the Caribbean?
+
In 2019, the import price for fresh or chilled cuts of turkey in Latin America and the Caribbean amounted to $2,011 per tonne, growing by 7.7% against the previous year.

Product coverage:
• Prodcom 10121060 - Fresh or chilled cuts of turkey

This report provides an in-depth analysis of the market for fresh or chilled turkey cut in Latin America and the Caribbean. 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.


Country coverage:
• Anguilla
• Antigua and Barbuda
• Aruba
• Bahamas
• Barbados
• Belize
• Bermuda
• Bolivia
• British Virgin Islands
• Cayman Islands
• Costa Rica
• Curacao
• Dominica
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Saint Kitts and Nevis
• Saint Lucia
• Saint Maarten (Dutch part)
• Saint Vincent and the Grenadines
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Latin America and the Caribbean, split by region and country
• Trade (exports and imports) in Latin America and the Caribbean
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
PRODUCING ANIMALS AND YIELD BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Anguilla
• Antigua and Barbuda
• Argentina
• Aruba
• Bahamas
• Barbados
• Belize
• Bermuda
• Bolivia
• Brazil
• British Virgin Islands
• Cayman Islands
• Chile
• Colombia
• Costa Rica
• Cuba
• Curacao
• Dominica
• Dominican Republic
• Ecuador
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Mexico
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Peru
• Saint Kitts and Nevis
• Saint Lucia
• Saint Vincent and the Grenadines
• Saint Maarten (Dutch part)
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands
• Uruguay
• Venezuela
• Puerto Rico
LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption, By Country, 2015–2019
Table 5:
Production, In Physical Terms, By Country, 2007–2019
Table 6:
Producing Animals, By Country, 2007–2019
Table 7:
Yield, By Country, 2007–2019
Table 8:
Imports, In Physical Terms, By Country, 2007–2019
Table 9:
Imports, In Value Terms, By Country, 2007–2019
Table 10:
Import Prices, By Country Of Destination, 2007–2019
Table 11:
Exports, In Physical Terms, By Country, 2007–2019
Table 12:
Exports, In Value Terms, By Country, 2007–2019
Table 13:
Export Prices, By Country Of Origin, 2007–2019
Table 14:
Producer Prices, By Major Producing Country, 2019
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Consumption, By Country, 2019
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2019
Figure 18:
Production, In Value Terms, 2007–2019
Figure 19:
Producing Animals, 2007–2019
Figure 20:
Yield, 2007–2019
Figure 21:
Production, By Country, 2019
Figure 22:
Production, In Physical Terms, By Country, 2007–2019
Figure 23:
Producing Animals, By Country, 2019
Figure 24:
Producing Animals, By Country, 2007–2019
Figure 25:
Yield, By Country, 2007–2019
Figure 26:
Imports, In Physical Terms, 2007–2019
Figure 27:
Imports, In Value Terms, 2007–2019
Figure 28:
Imports, In Physical Terms, By Country, 2019
Figure 29:
Imports, In Physical Terms, By Country, 2007–2019
Figure 30:
Imports, In Value Terms, By Country, 2007–2019
Figure 31:
Import Prices, By Country, 2007–2019
Figure 32:
Exports, In Physical Terms, 2007–2019
Figure 33:
Exports, In Value Terms, 2007–2019
Figure 34:
Exports, In Physical Terms, By Country, 2019
Figure 35:
Exports, In Physical Terms, By Country, 2007–2019
Figure 36:
Exports, In Value Terms, By Country, 2007–2019
Figure 37:
Export Prices, 2007–2019

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