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Latin America and the Caribbean - Prepared Or Preserved Meat Or Offal Of Turkeys - Market Analysis, Forecast, Size, Trends And Insights
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Latin America and the Caribbean: Preserved Turkey Market Overview 2021

Preserved Turkey Market Size in Latin America and the Caribbean

In 2020, the Latin American preserved turkey market increased by X% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 at $X in 2014; however, from 2015 to 2020, consumption stood at a somewhat lower figure.

Preserved Turkey Production in Latin America and the Caribbean

In value terms, preserved turkey production totaled $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2011 when the production volume increased by X% y-o-y. The level of production peaked at $X in 2013; however, from 2014 to 2020, production remained at a lower figure.

Production By Country in Latin America and the Caribbean

The countries with the highest volumes of preserved turkey production in 2020 were Brazil (X tonnes), Mexico (X tonnes) and Argentina (X tonnes), together comprising X% of total production. Colombia, Peru, Venezuela, Chile, Ecuador, the Dominican Republic, Guatemala, Bolivia and Cuba lagged somewhat behind, together comprising a further X 2007 to 2020, the most notable rate of growth in terms of preserved turkey production, amongst the key producing countries, was attained by the Dominican Republic, while preserved turkey production for the other leaders experienced more modest paces of growth.

Preserved Turkey Exports

Exports in Latin America and the Caribbean

For the fifth year in a row, LatAmerica and the Caribbean recorded decline in overseas shipments of prepared or preserved meat or offal of turkeys, which decreased by -X% to X tonnes in 2020. Over the period under review, exports recorded a significant curtailment. The growth pace was the most rapid in 2010 when exports increased by X% y-o-y. The volume of export peaked at X tonnes in 2008; however, from 2009 to 2020, exports stood at a somewhat lower figure.

In value terms, preserved turkey exports contracted sharply to $X in 2020. In general, exports continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2008 with an increase of X% y-o-y. As a result, exports attained the peak of $X. from 2009 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

Brazil represented the major exporter of prepared or preserved meat or offal of turkeys in Latin America and the Caribbean, with the volume of exports recording X tonnes, which was approx. X% of total exports in 2020. It was distantly followed by Chile (X tonnes), creating a X% share of total exports. The following exporters - Mexico (X tonnes) and Costa Rica (X tonnes) - each resulted at a X% share of total exports.

Exports from Brazil decreased at an average annual rate of -X% from 2007 to 2020. At the same time, Costa Rica (+X%) displayed positive paces of growth. Moreover, Costa Rica emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of +X% from 2007-2020. By contrast, Chile (-X%) and Mexico (-X%) illustrated a downward trend over the same period. Chile (+X p.p.), Mexico (+X p.p.) and Costa Rica (+X p.p.) significantly strengthened its position in terms of the total exports, while Brazil saw its share reduced by -X% from 2007 to 2020, respectively.

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

From 2007 to 2020, the average annual rate of growth in terms of value in Brazil stood at -X%. The remaining exporting countries recorded the following average annual rates of exports growth: Chile (-X% per year) and Mexico (-X% per year).

Export Prices by Country

The preserved turkey export price in Latin America and the Caribbean stood at $X per tonne in 2020, with an increase of X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 when the export price increased by X% against the previous year. The level of export peaked at $X per tonne in 2011; however, from 2012 to 2020, export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2020, major exporting countries recorded the following prices: in Chile ($X per tonne) and Brazil ($X per tonne), while Mexico ($X per tonne) and Costa Rica ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Brazil, while the other leaders experienced more modest paces of growth.

Preserved Turkey Imports

Imports in Latin America and the Caribbean

In 2020, supplies from abroad of prepared or preserved meat or offal of turkeys decreased by -X% to X tonnes, falling for the third consecutive year after eight years of growth. Overall, imports, however, posted noticeable growth. The most prominent rate of growth was recorded in 2015 when imports increased by X% year-to-year. The volume of import peaked at X tonnes in 2017; however, from 2018 to 2020, imports failed to regain the momentum.

In value terms, preserved turkey imports shrank remarkably to $X in 2020. In general, imports, however, recorded a strong expansion. 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 attained the maximum at $X in 2017; however, from 2018 to 2020, imports remained at a lower figure.

Imports by Country

Mexico (X tonnes) and Cuba (X tonnes) represented the major importers of prepared or preserved meat or offal of turkeys in 2020, finishing at near X% and X% of total imports, respectively. Trinidad and Tobago (X tonnes) occupied the next position in the ranking, followed by the Dominican Republic (X tonnes) and Guatemala (X tonnes). All these countries together took approx. X% share of total imports. The following importers - Costa Rica (X tonnes), Argentina (X tonnes), Panama (X tonnes), Jamaica (X tonnes), El Salvador (X tonnes), Colombia (X tonnes), Nicaragua (X tonnes) and Bahamas (X tonnes) - together made up X% of total imports.

From 2007 to 2020, the biggest increases were in Cuba, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) constitutes the largest market for imported prepared or preserved meat or offal of turkeys in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was occupied by Cuba ($X), with a X% share of total imports. It was followed by Trinidad and Tobago, with a X% share.

From 2007 to 2020, the average annual growth rate of value in Mexico stood at +X%. The remaining importing countries recorded the following average annual rates of imports growth: Cuba (+X% per year) and Trinidad and Tobago (+X% per year).

Import Prices by Country

The preserved turkey import price in Latin America and the Caribbean stood at $X per tonne in 2020, which is down by -X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2018 when the import price increased by X% year-to-year. Over the period under review, import prices reached the maximum at $X per tonne in 2014; however, from 2015 to 2020, import prices stood at a somewhat lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Mexico, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for prepared or preserved meat or offal of turkeys in LatAmerica and the Caribbean?
+
The countries with the highest volumes of preserved turkey consumption in 2020 were Brazil (191K tonnes), Mexico (132K tonnes) and Argentina (52K tonnes), together comprising 60% of total consumption. Colombia, Peru, Venezuela, Chile, Ecuador, the Dominican Republic, Guatemala, Cuba and Bolivia lagged somewhat behind, together comprising a further 30%.
What are the largest producers of prepared or preserved meat or offal of turkeys in LatAmerica and the Caribbean?
+
The countries with the highest volumes of preserved turkey production in 2020 were Brazil (194K tonnes), Mexico (130K tonnes) and Argentina (52K tonnes), together comprising 60% of total production. These countries were followed by Colombia, Peru, Venezuela, Chile, Ecuador, the Dominican Republic, Guatemala, Bolivia and Cuba, which together accounted for a further 30%.
What are the leading exporters of prepared or preserved meat or offal of turkeys in LatAmerica and the Caribbean?
+
In value terms, Brazil ($11M) remains the largest preserved turkey supplier in Latin America and the Caribbean, comprising 65% of total exports. The second position in the ranking was occupied by Chile ($5.2M), with a 31% share of total exports. It was followed by Mexico, with a 1.7% share.
What are the leading importers of prepared or preserved meat or offal of turkeys in LatAmerica and the Caribbean?
+
In value terms, Mexico ($14M) constitutes the largest market for imported prepared or preserved meat or offal of turkeys in Latin America and the Caribbean, comprising 33% of total imports. The second position in the ranking was occupied by Cuba ($5.3M), with a 12% share of total imports. It was followed by Trinidad and Tobago, with a 9.5% share.
What is the average export price for prepared or preserved meat or offal of turkeys in LatAmerica and the Caribbean?
+
In 2020, the preserved turkey export price in Latin America and the Caribbean amounted to $3,219 per tonne, picking up by 11% against the previous year.
What is the average import price for prepared or preserved meat or offal of turkeys in LatAmerica and the Caribbean?
+
The preserved turkey import price in Latin America and the Caribbean stood at $4,020 per tonne in 2020, which is down by -5.3% against the previous year.

Product coverage:
• Prodcom 10131525 - Prepared or preserved meat or offal of turkeys (excluding sausages, preparations of liver and prepared meals and dishes)

This report provides an in-depth analysis of the preserved turkey market 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

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
TOP EXPORTING COUNTRIES
5.4
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
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:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
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 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:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020

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