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Malaysia - Turkey Meat - Market Analysis, Forecast, Size, Trends And Insights
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Malaysia: Turkey Meat Market Overview 2021

Turkey Meat Market Size in Malaysia

The Malaysian turkey meat market surged to $X in 2020, jumping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a significant expansion. The growth pace was the most rapid in 2016 with an increase of X% year-to-year. Turkey meat consumption peaked in 2020 and is likely to see steady growth in the near future.

Turkey Meat Exports

Exports from Malaysia

In 2020, shipments abroad of turkey meat decreased by -X% to X tonnes, falling for the sixth consecutive year after five years of growth. Over the period under review, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. As a result, exports reached the peak of X tonnes. from 2015 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, turkey meat exports shrank remarkably to $X in 2020. In general, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 when exports increased by X% y-o-y. As a result, exports reached the peak of $X. from 2015 to 2020, the growth exports failed to regain the momentum.

Exports by Country

Thailand (X tonnes) was the main destination for turkey meat exports from Malaysia, with a X% share of total exports. Moreover, turkey meat exports to Thailand exceeded the volume sent to the second major destination, Bangladesh (X tonnes), twofold. Viet Nam (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Thailand stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bangladesh (-X% per year) and Viet Nam (+X% per year).

In value terms, Bangladesh ($X) emerged as the key foreign market for turkey meat exports from Malaysia, comprising X% of total exports. The second position in the ranking was occupied by Thailand ($X), with a X% share of total exports. It was followed by Viet Nam, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Bangladesh stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (-X% per year) and Viet Nam (-X% per year).

Export Prices by Country

The average turkey meat export price stood at $X per tonne in 2020, picking up by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% year-to-year. Over the period under review, average export prices reached the peak figure in 2020 and is expected to retain growth in the near future.

Prices varied noticeably by the country of destination; the country with the highest price was Bangladesh ($X per tonne), while the average price for exports to Maldives ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh, while the prices for the other major destinations experienced mixed trend patterns.

Turkey Meat Imports

Imports into Malaysia

In 2020, supplies from abroad of turkey meat increased by X% to X tonnes, rising for the fifth year in a row after two years of decline. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2008 when imports increased by X% against the previous year. Imports peaked in 2020 and are expected to retain growth in years to come.

In value terms, turkey meat imports skyrocketed to $X in 2020. Over the period under review, imports saw resilient growth. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Imports peaked in 2020 and are likely to see steady growth in the near future.

Imports by Country

Poland (X tonnes), the U.S. (X tonnes) and Denmark (X tonnes) were the main suppliers of turkey meat imports to Malaysia, together comprising X% of total imports.

From 2007 to 2020, the biggest increases were in Poland (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) constituted the largest supplier of turkey meat to Malaysia, comprising X% of total imports. The second position in the ranking was occupied by Poland ($X), with a X% share of total imports. It was followed by Denmark, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from the U.S. amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+X% per year) and Denmark (+X% per year).

Import Prices by Country

The average turkey meat import price stood at $X per tonne in 2020, declining by -X% against the previous year. In general, the import price saw a abrupt downturn. The growth pace was the most rapid in 2010 an increase of X% year-to-year. The import price peaked at $X per tonne in 2016; however, from 2017 to 2020, import prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for turkey meat in the world?
+
The country with the largest volume of turkey meat consumption was the U.S. (2.4M tonnes), comprising approx. 39% of total volume. Moreover, turkey meat consumption in the U.S. exceeded the figures recorded by the second-largest consumer, Brazil (619K tonnes), fourfold. The third position in this ranking was occupied by Germany (478K tonnes), with a 7.7% share.
What are the largest producers of turkey meat in the world?
+
The U.S. (2.6M tonnes) constituted the country with the largest volume of turkey meat production, comprising approx. 43% of total volume. Moreover, turkey meat production in the U.S. exceeded the figures recorded by the second-largest producer, Brazil (636K tonnes), fourfold. Germany (474K tonnes) ranked third in terms of total production with a 7.7% share.
What are the leading suppliers of turkey meat to Malaysia?
+
In value terms, the U.S. ($1.5M) constituted the largest supplier of turkey meat to Malaysia, comprising 73% of total imports. The second position in the ranking was occupied by Poland ($370K), with a 18% share of total imports. It was followed by Denmark, with a 6.7% share.
What are the leading importers of turkey meat from Malaysia?
+
In value terms, Bangladesh ($23K) emerged as the key foreign market for turkey meat exports from Malaysia, comprising 63% of total exports. The second position in the ranking was occupied by Thailand ($9.9K), with a 27% share of total exports. It was followed by Viet Nam, with a 8.9% share.
What is the average export price for turkey meat in Malaysia?
+
In 2020, the average turkey meat export price amounted to $2,463 per tonne, rising by 7% against the previous year.
What is the average import price for turkey meat in Malaysia?
+
The average turkey meat import price stood at $1,386 per tonne in 2020, shrinking by -33.7% against the previous year.

Product coverage:
• FCL 1080 - Turkey meat

This report provides an in-depth analysis of the turkey meat market in Malaysia. 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:
• Malaysia

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Malaysia
• 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
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
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, PRODUCING ANIMALS AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

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

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 In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Producing Animals Slaughtered, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020
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