Report Update Apr 1, 2024

Russian Federation - Frozen Whole Turkeys - Market Analysis, Forecast, Size, Trends and Insights

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Russian Federation: Frozen Whole Turkey Market 2024

Frozen Whole Turkey Market Size in the Russian Federation

The Russian frozen whole turkey market reduced dramatically to less than $X in 2022, falling by 99.9% against the previous year. Over the period under review, consumption showed a dramatic decline. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Frozen Whole Turkey Production in the Russian Federation

In value terms, frozen whole turkey production dropped sharply to less than $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. Over the period under review, production reached the maximum level at $X in 2021, and then declined remarkably in the following year.

Frozen Whole Turkey Exports

Exports from the Russian Federation

In 2022, after two years of growth, there was significant decline in shipments abroad of frozen whole turkeys, when their volume decreased by -14.9% to X tons. In general, exports, however, posted resilient growth. The most prominent rate of growth was recorded in 2018 with an increase of 195%. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, frozen whole turkey exports expanded remarkably to $X in 2022. Overall, exports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 161% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Bahamas (X tons) was the main destination for frozen whole turkey exports from Russia, with a 78% share of total exports. Moreover, frozen whole turkey exports to Bahamas exceeded the volume sent to the second major destination, Marshall Islands (X kg), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Bahamas was relatively modest.

In value terms, Bahamas ($X) emerged as the key foreign market for frozen whole turkeys exports from Russia, comprising 68% of total exports. The second position in the ranking was held by Marshall Islands ($X), with a 32% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Bahamas was relatively modest.

Export Prices by Country

In 2022, the average frozen whole turkey export price amounted to $X per ton, increasing by 32% against the previous year. In general, the export price, however, saw a perceptible decrease. The pace of growth appeared the most rapid in 2016 when the average export price increased by 87% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2017 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Marshall Islands ($X per ton), while the average price for exports to Bahamas totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (-2.0%), while the prices for the other major destinations experienced a decline.

Frozen Whole Turkey Imports

Imports into the Russian Federation

In 2021, frozen whole turkey imports into Russia shrank significantly to X tons, falling by -92.1% compared with 2020 figures. Over the period under review, imports faced a dramatic descent. The most prominent rate of growth was recorded in 2017 with an increase of 138% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, frozen whole turkey imports fell sharply to $X in 2021. In general, imports showed a sharp downturn. The most prominent rate of growth was recorded in 2017 when imports increased by 113% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Belarus (X tons) and Turkey (X tons) were the main suppliers of frozen whole turkey imports to Russia.

From 2012 to 2021, the biggest increases were recorded for Belarus (with a CAGR of -15.3%).

In value terms, the largest frozen whole turkey suppliers to Russia were Turkey ($X) and Belarus ($X).

Belarus, with a CAGR of -20.1%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review.

Import Prices by Country

The average frozen whole turkey import price stood at $X per ton in 2021, surging by 4.2% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 30%. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for Belarus stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+15.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen whole turkeys in the world?

The countries with the highest volumes of consumption in 2022 were the United States, India and Brazil, with a combined 51% share of global consumption. Mexico, Australia, Turkey, Germany, Chile, Canada, Argentina, Panama and Finland lagged somewhat behind, together comprising a further 24%.

What are the largest producers of frozen whole turkeys in the world?

The United States remains the largest frozen whole turkey producing country worldwide, comprising approx. 38% of total volume. Moreover, frozen whole turkey production in the United States exceeded the figures recorded by the second-largest producer, India, twofold. The third position in this ranking was taken by Brazil, with an 8% share.

What are the leading suppliers of frozen whole turkeys to the Russian Federation?

In value terms, the largest frozen whole turkey suppliers to Russia were Turkey and Belarus.

What are the leading importers of frozen whole turkeys from the Russian Federation?

In value terms, Bahamas emerged as the key foreign market for frozen whole turkeys exports from Russia, comprising 68% of total exports. The second position in the ranking was taken by Marshall Islands, with a 32% share of total exports.

What is the average export price for frozen whole turkeys in the Russian Federation?

The average frozen whole turkey export price stood at $2,186 per ton in 2022, with an increase of 32% against the previous year.

What is the average import price for frozen whole turkeys in the Russian Federation?

The average frozen whole turkey import price stood at $2,364 per ton in 2021, growing by 4.2% against the previous year.

This report provides an in-depth analysis of the frozen whole turkey market in the Russian Federation. 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 2030.

Product coverage:

Prodcom 10122015 - Frozen whole turkeys

Country coverage:

Russia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Russian Federation
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Producing Animals Slaughtered, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023