MERCOSUR: Preserved Turkey Market 2024

Preserved Turkey Market Size in MERCOSUR

The MERCOSUR preserved turkey market reduced to $X in 2022, with a decrease of X% against the previous year. In general, consumption saw a mild curtailment. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Preserved Turkey Production in MERCOSUR

In value terms, preserved turkey production dropped to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

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Preserved Turkey Exports

Exports in MERCOSUR

In 2022, the amount of prepared or preserved meat or offal of turkeys exported in MERCOSUR dropped sharply to X tons, which is down by X% compared with the year before. Overall, exports continue to indicate a significant decline. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, preserved turkey exports reduced dramatically to $X in 2022. In general, exports saw a precipitous decline. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Brazil (X tons) was the major exporter of prepared or preserved meat or offal of turkeys, constituting X% of total exports. It was distantly followed by Chile (X tons), making up a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to preserved turkey exports from Brazil stood at X%. Chile (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Chile increased by X percentage points.

In value terms, Brazil ($X) remains the largest preserved turkey supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was held by Chile ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Brazil stood at X%.

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per ton, declining by X% against the previous year. Over the period under review, the export price saw a perceptible decrease. The most prominent rate of growth was recorded in 2020 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Brazil ($X per ton), while Chile totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (X%).

Preserved Turkey Imports

Imports in MERCOSUR

In 2022, overseas purchases of prepared or preserved meat or offal of turkeys decreased by X% to X tons, falling for the fourth year in a row after four years of growth. Over the period under review, imports continue to indicate a perceptible slump. The pace of growth was the most pronounced in 2017 with an increase of X%. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, preserved turkey imports reached $X in 2022. Overall, imports, however, enjoyed a moderate increase. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Argentina (X tons) and Colombia (X tons) were the major importers of prepared or preserved meat or offal of turkeys in MERCOSUR, together accounting for near X% of total imports. Paraguay (X tons) held the next position in the ranking, followed by Uruguay (X tons). All these countries together held near X% share of total imports. The following importers - Guyana (X tons), Chile (X tons) and Suriname (X tons) - each resulted at a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Chile (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Colombia ($X) constitutes the largest market for imported prepared or preserved meat or offal of turkeys in MERCOSUR, comprising X% of total imports. The second position in the ranking was held by Argentina ($X), with a X% share of total imports. It was followed by Paraguay, with a X% share.

In Colombia, preserved turkey imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Argentina (X% per year) and Paraguay (X% per year).

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per ton, with an increase of X% against the previous year. Import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, preserved turkey import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uruguay (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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