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Northern America - Fresh Or Chilled Cuts Of Turkey - Market Analysis, Forecast, Size, Trends And Insights
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Northern America: Overview of the Market for Fresh Or Chilled Cuts Of Turkey 2021

Market Size for Fresh Or Chilled Cuts Of Turkey in Northern America

In 2019, the North American market for fresh or chilled cuts of turkey increased by X% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when the market value increased by X% y-o-y. The level of consumption peaked at $X in 2015; afterwards, it flattened through to 2019.

Production of Fresh Or Chilled Cuts Of Turkey in Northern America

In value terms, fresh or chilled turkey cut production expanded remarkably 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 pace of growth appeared the most rapid in 2018 with an increase of X% y-o-y. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2019, production failed to regain the momentum.

The U.S. (X tonnes) constituted the country with the largest volume of fresh or chilled turkey cut production, comprising approx. X% of total volume. Moreover, fresh or chilled turkey cut production in the U.S. exceeded the figures recorded by the second-largest producer, Canada (X tonnes), sixfold.

From 2007 to 2019, the average annual rate of growth in terms of volume in the U.S. stood at +X%.

Production By Country in Northern America

The U.S. (X tonnes) constituted the country with the largest volume of fresh or chilled turkey cut production, comprising approx. X% of total volume. Moreover, fresh or chilled turkey cut production in the U.S. exceeded the figures recorded by the second-largest producer, Canada (X tonnes), sixfold.

In the U.S., fresh or chilled turkey cut production expanded at an average annual rate of +X% over the period from 2007-2019.

Exports of Fresh Or Chilled Cuts Of Turkey

Exports in Northern America

Fresh or chilled turkey cut exports expanded notably to X tonnes in 2019, surging by X% compared with the previous year's figure. Overall, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011 when exports increased by X% y-o-y. The volume of export peaked at X tonnes in 2014; however, from 2015 to 2019, exports failed to regain the momentum.

In value terms, fresh or chilled turkey cut exports soared to $X in 2019. Total exports indicated a measured expansion from 2007 to 2019: its value 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, exports increased by +X% against 2017 indices. The growth pace was the most rapid in 2010 when exports increased by X% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2019, exports remained at a lower figure.

Exports by Country

The shipments of the one major exporters of fresh or chilled cuts of turkey, namely the U.S., represented more than two-thirds of total export.

The U.S. experienced a relatively flat trend pattern with regard to volume of exports of fresh or chilled cuts of turkey. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) also remains the largest fresh or chilled turkey cut supplier in Northern America.

From 2007 to 2019, the average annual growth rate of value in the U.S. totaled +X%.

Export Prices by Country

In 2019, the export price for fresh or chilled cuts of turkey in Northern America amounted to $X per tonne, growing 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 2010 an increase of X% y-o-y. The level of export peaked at $X per tonne in 2014; however, from 2015 to 2019, export prices stood at a somewhat lower figure.

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

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

Imports of Fresh Or Chilled Cuts Of Turkey

Imports in Northern America

In 2019, supplies from abroad of fresh or chilled cuts of turkey decreased by -X% to X tonnes, falling for the third year in a row after two years of growth. Over the period under review, imports recorded a deep contraction. The pace of growth appeared the most rapid in 2009 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tonnes in 2012; however, from 2013 to 2019, imports remained at a lower figure.

In value terms, fresh or chilled turkey cut imports declined sharply to $X in 2019. Overall, imports saw a pronounced contraction. The most prominent rate of growth was recorded in 2015 when imports increased by X% y-o-y. The level of import peaked at $X in 2016; however, from 2017 to 2019, imports failed to regain the momentum.

Imports by Country

The U.S. represented the major importing country with an import of around X tonnes, which resulted at X% of total imports. It was distantly followed by Canada (X tonnes), comprising a X% share of total imports. Bermuda (X tonnes) followed a long way behind the leaders.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Bermuda, while imports for the other leaders experienced a decline in the imports figures.

In value terms, the U.S. ($X) constitutes the largest market for imported fresh or chilled cuts of turkey in Northern America, comprising X% of total imports. The second position in the ranking was occupied by Canada ($X), with a X% share of total imports.

In the U.S., fresh or chilled turkey cut imports expanded at an average annual rate of +X% over the period from 2007-2019. In the other countries, the average annual rates were as follows: Canada (-X% per year) and Bermuda (+X% per year).

Import Prices by Country

In 2019, the import price for fresh or chilled cuts of turkey in Northern America amounted to $X per tonne, with an increase of X% against the previous year. Over the period under review, the import price recorded measured growth. The most prominent rate of growth was recorded in 2013 an increase of X% y-o-y. The level of import peaked in 2019 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 Bermuda ($X per tonne), while Canada ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Bermuda, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for fresh or chilled cuts of turkey in Northern America?
+
The U.S. (652K tonnes) remains the largest fresh or chilled turkey cut consuming country in Northern America, accounting for 84% of total volume. Moreover, fresh or chilled turkey cut consumption in the U.S. exceeded the figures recorded by the second-largest consumer, Canada (125K tonnes), fivefold.
What are the largest producers of fresh or chilled cuts of turkey in Northern America?
+
The country with the largest volume of fresh or chilled turkey cut production was the U.S. (753K tonnes), accounting for 86% of total volume. Moreover, fresh or chilled turkey cut production in the U.S. exceeded the figures recorded by the second-largest producer, Canada (126K tonnes), sixfold.
What are the leading suppliers of fresh or chilled cuts of turkey in Northern America?
+
In value terms, the U.S. ($207M) remains the largest fresh or chilled turkey cut supplier in Northern America.
What are the leading importers of fresh or chilled cuts of turkey in Northern America?
+
In value terms, the U.S. ($3.5M) constitutes the largest market for imported fresh or chilled cuts of turkey in Northern America, comprising 71% of total imports. The second position in the ranking was occupied by Canada ($1.3M), with a 26% share of total imports.
What is the average export price for fresh or chilled cuts of turkey in Northern America?
+
In 2019, the export price for fresh or chilled cuts of turkey in Northern America amounted to $2,051 per tonne, rising by 9.5% against the previous year.
What is the average import price for fresh or chilled cuts of turkey in Northern America?
+
In 2019, the import price for fresh or chilled cuts of turkey in Northern America amounted to $4,148 per tonne, surging by 28% against the previous year.

Product coverage:
• Prodcom 10121060 - Fresh or chilled cuts of turkey

This report provides an in-depth analysis of the market for fresh or chilled turkey cut in Northern America. 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:
• Bermuda
• Greenland
• Saint Pierre and Miquelon

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Northern America, split by region and country
• Trade (exports and imports) in Northern America
• 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

• Bermuda
• Canada
• Greenland
• Saint Pierre and Miquelon
• USA
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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