Latest Report Update: Jun 8, 2021

Thailand - Prepared Or Preserved Meat Or Offal Of Turkeys - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

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Thailand: Preserved Turkey Market Overview 2021

Preserved Turkey Market Size in Thailand

In 2020, after two years of growth, there was decline in the Thai preserved turkey market, when its value decreased by -X% to $X. Overall, the total consumption indicated a tangible expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2017 indices. The pace of growth was the most pronounced in 2011 when the market value increased by X% y-o-y. As a result, consumption reached the peak level of $X. From 2012 to 2020, the growth of the market remained at a lower figure.

Preserved Turkey Production in Thailand

In value terms, preserved turkey production contracted to $X in 2020 estimated in export prices. Over the period under review, the total production indicated noticeable growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2011 when the production volume increased by X% year-to-year. As a result, production attained the peak level of $X. From 2012 to 2020, production growth remained at a somewhat lower figure.

Preserved Turkey Exports

Exports from Thailand

Preserved turkey exports from Thailand stood at X tonnes in 2020, leveling off at 2019. Over the period under review, exports saw a relatively flat trend pattern. Over the period under review, exports hit record highs in 2020 and are likely to continue growth in years to come.

In value terms, preserved turkey exports totaled $X in 2020. In general, exports recorded a relatively flat trend pattern. Exports peaked in 2020 and are likely to continue growth in the immediate term.

Exports by Country

Myanmar (X tonnes) was the main destination for preserved turkey exports from Thailand, with a X% share of total exports. It was followed by Switzerland (X kg), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to Myanmar was relatively modest.

From 2007 to 2020, the average annual rate of growth in terms of value to Myanmar was relatively modest.

Export Prices by Country

The average preserved turkey export price stood at $X per tonne in 2020, remaining stable against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The export price peaked in 2020 and is likely to see gradual growth in the near future.

Average prices varied somewhat for the major foreign markets. In 2020, the country with the highest price was Switzerland ($X per tonne), while the average price for exports to Myanmar totaled $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar.

Preserved Turkey Imports

Imports into Thailand

After two years of decline, overseas purchases of prepared or preserved meat or offal of turkeys increased by X% to X tonnes in 2020. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Over the period under review, imports attained the peak figure at X tonnes in 2017; however, from 2018 to 2020, imports remained at a lower figure.

In value terms, preserved turkey imports declined dramatically to $X in 2020. Overall, imports enjoyed a significant increase. The growth pace was the most rapid in 2009 when imports increased by X% y-o-y. Over the period under review, imports reached the maximum at $X in 2017; however, from 2018 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, the U.S. (X tonnes) constituted the largest preserved turkey supplier to Thailand, accounting for a X% share of total imports. Moreover, preserved turkey imports from the U.S. exceeded the figures recorded by the second-largest supplier, Spain (X tonnes), threefold.

From 2007 to 2020, the average annual rate of growth in terms of volume from the U.S. stood at +X%.

In value terms, the U.S. ($X) constituted the largest supplier of preserved turkey to Thailand, comprising X% of total imports. The second position in the ranking was occupied by Spain ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from the U.S. stood at +X%.

Import Prices by Country

The average preserved turkey import price stood at $X per tonne in 2020, shrinking by -X% against the previous year. Over the period under review, the import price, however, posted a temperate expansion. The pace of growth appeared the most rapid in 2009 when the average import price increased by X% year-to-year. Over the period under review, average import prices attained the maximum at $X per tonne in 2018; however, from 2019 to 2020, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2020, the country with the highest price was Spain ($X per tonne), while the price for the U.S. totaled $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S..

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for prepared or preserved meat or offal of turkeys in the world?
+
China (1.2M tonnes) remains the largest preserved turkey consuming country worldwide, comprising approx. 21% of total volume. Moreover, preserved turkey consumption in China exceeded the figures recorded by the second-largest consumer, India (445K tonnes), threefold. The U.S. (307K tonnes) ranked third in terms of total consumption with a 5.4% share.
What are the largest producers of prepared or preserved meat or offal of turkeys in the world?
+
China (1.2M tonnes) remains the largest preserved turkey producing country worldwide, comprising approx. 21% of total volume. Moreover, preserved turkey production in China exceeded the figures recorded by the second-largest producer, India (445K tonnes), threefold. The U.S. (319K tonnes) ranked third in terms of total production with a 5.6% share.
What are the leading suppliers of prepared or preserved meat or offal of turkeys to Thailand?
+
In value terms, the U.S. ($120K) constituted the largest supplier of preserved turkey to Thailand, comprising 71% of total imports. The second position in the ranking was occupied by Spain ($44K), with a 26% share of total imports.
What is the average export price for prepared or preserved meat or offal of turkeys in Thailand?
+
In 2020, the average preserved turkey export price amounted to $8,370 per tonne, almost unchanged from the previous year.
What is the average import price for prepared or preserved meat or offal of turkeys in Thailand?
+
In 2020, the average preserved turkey import price amounted to $5,892 per tonne, dropping by -53.1% against the previous year.

Product coverage:
• Prodcom 10131525 - Prepared or preserved meat or offal of turkeys (excluding sausages, preparations of liver and prepared meals and dishes)

This report provides an in-depth analysis of the preserved turkey market in Thailand. 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:
• Thailand

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Thailand
• 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

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
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
TOP EXPORTING COUNTRIES
5.4
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
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

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

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 In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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