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

Market Size for Fresh Or Chilled Whole Turkeys in Latin America and the Caribbean

The Latin American market for fresh or chilled whole turkeys expanded remarkably to $X in 2019, increasing by X% against the previous year. The market 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 pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. Over the period under review, the market hit record highs in 2019 and is expected to retain growth in the near future.

Production of Fresh Or Chilled Whole Turkeys in Latin America and the Caribbean

In value terms, fresh or chilled whole turkey production expanded significantly to $X in 2019 estimated in export prices. The total output 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 most prominent rate of growth was recorded in 2011 when the production volume increased by X% year-to-year. The level of production peaked in 2019 and is expected to retain growth in years to come.

The country with the largest volume of fresh or chilled whole turkey production was Brazil (X tonnes), comprising approx. X% of total volume. Moreover, fresh or chilled whole turkey production in Brazil exceeded the figures recorded by the second-largest producer, Argentina (X tonnes), fourfold. Chile (X tonnes) ranked third in terms of total production with a X% share.

In Brazil, fresh or chilled whole turkey production increased at an average annual rate of +X% over the period from 2007-2019. In the other countries, the average annual rates were as follows: Argentina (+X% per year) and Chile (+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 whole turkey production, accounting for X% of total volume. Moreover, fresh or chilled whole turkey production in Brazil exceeded the figures recorded by the second-largest producer, Argentina (X tonnes), fourfold. The third position in this ranking was occupied by Chile (X tonnes), 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 Chile (+X% per year).

Exports of Fresh Or Chilled Whole Turkeys

Exports in Latin America and the Caribbean

In 2019, overseas shipments of fresh or chilled whole turkeys increased by X% to X tonnes, rising for the second year in a row after two years of decline. Over the period under review, exports recorded a resilient expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. The volume of export peaked in 2019 and is likely to continue growth in years to come.

In value terms, fresh or chilled whole turkey exports soared to $X in 2019. Overall, exports recorded a buoyant expansion. The growth pace was the most rapid in 2018 when exports increased by X% year-to-year. The level of export peaked in 2019 and is likely to see gradual growth in years to come.

Exports by Country

Brazil (X tonnes) represented roughly X% of total exports of fresh or chilled whole turkeys in 2019.

Brazil was also the fastest-growing in terms of the fresh or chilled whole turkeys exports, with a CAGR of +X% from 2007 to 2019. Brazil (+X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) also remains the largest fresh or chilled whole turkey supplier in Latin America and the Caribbean.

From 2007 to 2019, the average annual rate of growth in terms of value in Brazil stood at +X%.

Export Prices by Country

The export price for fresh or chilled whole turkeys in Latin America and the Caribbean stood at $X per tonne in 2019, declining by -X% against the previous year. Export price indicated a modest expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, fresh or chilled whole turkey export price increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2011 when the export price increased by X% against the previous year. As a result, export price reached the peak level of $X per tonne. From 2012 to 2019, the growth in terms of the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Brazil.

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

Imports of Fresh Or Chilled Whole Turkeys

Imports in Latin America and the Caribbean

In 2019, purchases abroad of fresh or chilled whole turkeys increased by X% to X tonnes for the first time since 2016, thus ending a two-year declining trend. Total imports indicated a moderate expansion from 2007 to 2019: its volume 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, imports decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2010 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tonnes in 2016; however, from 2017 to 2019, imports failed to regain the momentum.

In value terms, fresh or chilled whole turkey imports expanded significantly to $X in 2019. Over the period under review, imports showed a pronounced increase. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. The level of import peaked at $X in 2016; however, from 2017 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, Mexico (X tonnes) was the main importer of fresh or chilled whole turkeys in Latin America and the Caribbean, making up X% of total import.

Mexico was also the fastest-growing in terms of the fresh or chilled whole turkeys imports, with a CAGR of +X% from 2007 to 2019. While the share of Mexico (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2019, the average annual rate of growth in terms of value in Mexico stood at +X%.

Import Prices by Country

In 2019, the import price for fresh or chilled whole turkeys in Latin America and the Caribbean amounted to $X per tonne, surging by X% against the previous year. Over the last twelve years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2015 an increase of X% year-to-year. The level of import peaked at $X per tonne in 2016; however, from 2017 to 2019, import prices failed to regain the momentum.

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 Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for fresh or chilled whole turkeys in LatAmerica and the Caribbean?
+
Brazil (58K tonnes) constituted the country with the largest volume of fresh or chilled whole turkey consumption, accounting for 57% of total volume. Moreover, fresh or chilled whole turkey consumption in Brazil exceeded the figures recorded by the second-largest consumer, Argentina (16K tonnes), fourfold. Chile (7.5K tonnes) ranked third in terms of total consumption with a 7.3% share.
What are the largest producers of fresh or chilled whole turkeys in LatAmerica and the Caribbean?
+
Brazil (60K tonnes) remains the largest fresh or chilled whole turkey producing country in Latin America and the Caribbean, comprising approx. 62% of total volume. Moreover, fresh or chilled whole turkey production in Brazil exceeded the figures recorded by the second-largest producer, Argentina (16K tonnes), fourfold. The third position in this ranking was occupied by Chile (7.5K tonnes), with a 7.8% share.
What are the leading exporters of fresh or chilled whole turkeys in LatAmerica and the Caribbean?
+
In value terms, Brazil ($3.4M) remains the largest fresh or chilled whole turkey supplier in Latin America and the Caribbean.
What are the leading importers of fresh or chilled whole turkeys in LatAmerica and the Caribbean?
+
In value terms, Mexico ($16M) constitutes the largest market for imported fresh or chilled whole turkeys in Latin America and the Caribbean.
What is the average export price for fresh or chilled whole turkeys in LatAmerica and the Caribbean?
+
The export price for fresh or chilled whole turkeys in Latin America and the Caribbean stood at $2,389 per tonne in 2019, with a decrease of -23.1% against the previous year.
What is the average import price for fresh or chilled whole turkeys in LatAmerica and the Caribbean?
+
In 2019, the import price for fresh or chilled whole turkeys in Latin America and the Caribbean amounted to $2,154 per tonne, picking up by 5.5% against the previous year.

Product coverage:
• Prodcom 10121020 - Fresh or chilled whole turkeys

This report provides an in-depth analysis of the market for fresh or chilled whole turkey 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
• 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

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 2007–2020
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 2007–2020
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
• 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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Producing Animals, By Country, 2007–2020
Table 7:
Yield, By Country, 2007–2020
Table 8:
Imports, In Physical Terms, By Country, 2007–2020
Table 9:
Imports, In Value Terms, By Country, 2007–2020
Table 10:
Import Prices, By Country Of Destination, 2007–2020
Table 11:
Exports, In Physical Terms, By Country, 2007–2020
Table 12:
Exports, In Value Terms, By Country, 2007–2020
Table 13:
Export Prices, By Country Of Origin, 2007–2020
Table 14:
Producer Prices, By Major Producing Country, 2020
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2030
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, 2007–2020
Figure 18:
Production, In Value Terms, 2007–2020
Figure 19:
Producing Animals, 2007–2020
Figure 20:
Yield, 2007–2020
Figure 21:
Production, By Country, 2020
Figure 22:
Production, In Physical Terms, By Country, 2007–2020
Figure 23:
Producing Animals, By Country, 2020
Figure 24:
Producing Animals, By Country, 2007–2020
Figure 25:
Yield, By Country, 2007–2020
Figure 26:
Imports, In Physical Terms, 2007–2020
Figure 27:
Imports, In Value Terms, 2007–2020
Figure 28:
Imports, In Physical Terms, By Country, 2020
Figure 29:
Imports, In Physical Terms, By Country, 2007–2020
Figure 30:
Imports, In Value Terms, By Country, 2007–2020
Figure 31:
Import Prices, By Country, 2007–2020
Figure 32:
Exports, In Physical Terms, 2007–2020
Figure 33:
Exports, In Value Terms, 2007–2020
Figure 34:
Exports, In Physical Terms, By Country, 2020
Figure 35:
Exports, In Physical Terms, By Country, 2007–2020
Figure 36:
Exports, In Value Terms, By Country, 2007–2020
Figure 37:
Export Prices, 2007–2020
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