Report Update Apr 1, 2024

Saudi Arabia - Fresh or Chilled Cuts of Turkey - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Market for Fresh Or Chilled Cuts Of Turkey 2024

Market Size for Fresh Or Chilled Cuts Of Turkey in Saudi Arabia

The Saudi market for fresh or chilled cuts of turkey amounted to $X in 2022, approximately equating the previous year. Overall, the total consumption indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +11.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -0.1% against 2020 indices. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Fresh Or Chilled Cuts Of Turkey in Saudi Arabia

In value terms, fresh or chilled turkey cut production reached $X in 2022 estimated in export price. Over the period under review, the total production indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +10.8% 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 -0.2% against 2020 indices. The pace of growth appeared the most rapid in 2013 with an increase of 91%. Fresh or chilled turkey cut production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Exports of Fresh Or Chilled Cuts Of Turkey

Exports from Saudi Arabia

Fresh or chilled turkey cut exports from Saudi Arabia stood at X tons in 2021, flattening at 2020. Overall, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2014 when exports increased by 110%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, fresh or chilled turkey cut exports amounted to $X in 2021. In general, exports faced a abrupt downturn. The most prominent rate of growth was recorded in 2014 with an increase of 88% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Kuwait (X tons) was the main destination for fresh or chilled turkey cut exports from Saudi Arabia, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Kuwait stood at +46.7%.

From 2012 to 2021, the average annual rate of growth in terms of value to Kuwait amounted to +34.9%.

Export Prices by Country

The average export price for fresh or chilled cuts of turkey stood at $X per ton in 2021, remaining stable against the previous year. Overall, the export price enjoyed a mild expansion. The pace of growth appeared the most rapid in 2013 an increase of 42%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for the United Arab Emirates amounted to -0.0% per year.

Imports of Fresh Or Chilled Cuts Of Turkey

Imports into Saudi Arabia

Fresh or chilled turkey cut imports into Saudi Arabia reduced notably to X tons in 2014, declining by -34.8% against 2013 figures. In general, imports faced a significant contraction. Imports peaked at X tons in 2013, and then shrank sharply in the following year.

In value terms, fresh or chilled turkey cut imports fell remarkably to $X in 2014. Overall, imports continue to indicate a sharp descent. Over the period under review, imports attained the maximum at $X in 2013, and then contracted rapidly in the following year.

Imports by Country

Kuwait (X tons) and Belgium (X tons) were the main suppliers of fresh or chilled turkey cut imports to Saudi Arabia.

From 2012 to 2014, the biggest increases were recorded for Kuwait (with a CAGR of +32.7%).

In value terms, Kuwait ($X) constituted the largest supplier of fresh or chilled cuts of turkey to Saudi Arabia, comprising 63% of total imports. The second position in the ranking was taken by Belgium ($X), with a 25% share of total imports.

From 2012 to 2014, the average annual growth rate of value from Kuwait totaled +34.0%.

Import Prices by Country

In 2014, the average import price for fresh or chilled cuts of turkey amounted to $X per ton, waning by -6.3% against the previous year. In general, the import price saw a abrupt decline. Over the period under review, average import prices hit record highs at $X per ton in 2013, and then declined in the following year.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2013 to 2014, the rate of growth in terms of prices for the United States amounted to 0.0% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for fresh or chilled cuts of turkey in the world?

The countries with the highest volumes of consumption in 2022 were the United States, India and Germany, with a combined 28% share of global consumption. Pakistan, Russia, Indonesia, Poland, Brazil, Italy, Spain, Ethiopia, France and South Korea lagged somewhat behind, together comprising a further 34%.

What are the largest producers of fresh or chilled cuts of turkey in the world?

The countries with the highest volumes of production in 2022 were the United States, India and Germany, together comprising 29% of global production. Poland, Pakistan, Russia, Indonesia, Brazil, Italy, Spain, Ethiopia, France and South Korea lagged somewhat behind, together accounting for a further 36%.

What are the leading suppliers of fresh or chilled cuts of turkey to Saudi Arabia?

In value terms, Kuwait constituted the largest supplier of fresh or chilled cuts of turkey to Saudi Arabia, comprising 63% of total imports. The second position in the ranking was taken by Belgium, with a 25% share of total imports.

What is the average export price for fresh or chilled cuts of turkey in Saudi Arabia?

The average export price for fresh or chilled cuts of turkey stood at $3,737 per ton in 2021, remaining stable against the previous year.

What is the average import price for fresh or chilled cuts of turkey in Saudi Arabia?

The average import price for fresh or chilled cuts of turkey stood at $3,323 per ton in 2014, with a decrease of -6.3% against the previous year.

This report provides an in-depth analysis of the market for fresh or chilled turkey cut in Saudi Arabia. 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 10121060 - Fresh or chilled cuts of turkey

Country coverage:

Saudi Arabia

Data coverage:

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