Netherlands: Frozen Whole Turkey Market 2024

Frozen Whole Turkey Market Size in the Netherlands

In 2022, the Dutch frozen whole turkey market decreased by -6.4% to $X for the first time since 2016, thus ending a five-year rising trend. Overall, the total consumption indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Frozen whole turkey consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Frozen Whole Turkey Production in the Netherlands

In value terms, frozen whole turkey production stood at $X in 2022 estimated in export price. Over the period under review, the total production indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -0.3% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by 70%. Frozen whole turkey production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

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Frozen Whole Turkey Exports

Exports from the Netherlands

Frozen whole turkey exports from the Netherlands surged to X tons in 2022, jumping by 26% compared with the year before. Overall, exports, however, showed a perceptible downturn. The most prominent rate of growth was recorded in 2014 when exports increased by 75% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, frozen whole turkey exports soared to $X in 2022. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by 84% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Angola (X tons), Benin (X tons) and Sweden (X tons) were the main destinations of frozen whole turkey exports from the Netherlands, together comprising 35% of total exports. Mali, Germany, Singapore, South Korea, the Czech Republic, Iceland, Ghana, Hungary, Azerbaijan and Spain lagged somewhat behind, together accounting for a further 37%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Singapore (with a CAGR of +182.5%), while the other leaders experienced more modest paces of growth.

In value terms, Angola ($X), Singapore ($X) and Sweden ($X) were the largest markets for frozen whole turkey exported from the Netherlands worldwide, together accounting for 33% of total exports.

Singapore, with a CAGR of +238.8%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average frozen whole turkey export price stood at $X per ton in 2022, growing by 14% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. The growth pace was the most rapid in 2017 when the average export price increased by 21%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to Benin ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+19.9%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Whole Turkey Imports

Imports into the Netherlands

Frozen whole turkey imports into the Netherlands shrank to X tons in 2022, falling by -11.8% compared with the year before. Over the period under review, imports saw a pronounced decline. The pace of growth appeared the most rapid in 2014 with an increase of 87%. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, frozen whole turkey imports fell to $X in 2022. Overall, imports showed a perceptible reduction. The pace of growth appeared the most rapid in 2014 with an increase of 49%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, France (X tons) constituted the largest supplier of frozen whole turkey to the Netherlands, with a 64% share of total imports. Moreover, frozen whole turkey imports from France exceeded the figures recorded by the second-largest supplier, Poland (X tons), threefold. The third position in this ranking was taken by the Czech Republic (X tons), with a 5.1% share.

From 2012 to 2022, the average annual growth rate of volume from France stood at +5.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (-12.9% per year) and the Czech Republic (-6.4% per year).

In value terms, France ($X) constituted the largest supplier of frozen whole turkeys to the Netherlands, comprising 65% of total imports. The second position in the ranking was taken by Poland ($X), with a 21% share of total imports. It was followed by the Czech Republic, with a 5.6% share.

From 2012 to 2022, the average annual growth rate of value from France totaled +7.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (-11.6% per year) and the Czech Republic (-7.6% per year).

Import Prices by Country

The average frozen whole turkey import price stood at $X per ton in 2022, increasing by 12% against the previous year. Overall, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen whole turkey import price increased by +26.9% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 60%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Hungary ($X per ton) and the Czech Republic ($X per ton), while the price for Germany ($X per ton) and Belgium ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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