Turkey: Turkey Meat Market 2024

Turkey Meat Market Size in Turkey

The Turkish turkey meat market totaled $X in 2022, with an increase of X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Turkey Meat Production in Turkey

In value terms, turkey meat production fell to $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

The average yield of turkey meat in Turkey shrank to X kg per head in 2022, waning by X% compared with the previous year. Over the period under review, the yield, however, saw slight growth. The pace of growth appeared the most rapid in 2014 when the yield increased by X%. Over the period under review, the average turkey meat yield reached the maximum level at X kg per head in 2018; however, from 2019 to 2022, the yield stood at a somewhat lower figure.

In 2022, the number of animals slaughtered for turkey meat production in Turkey expanded notably to X heads, surging by X% on the year before. This number increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, the number of producing animals reached the peak level of X heads. From 2019 to 2022, the growth of this number remained at a somewhat lower figure.

Turkey Meat Exports

Exports from Turkey

In 2022, overseas shipments of turkey meat decreased by X% to X tons, falling for the third year in a row after four years of growth. In general, exports, however, showed a resilient expansion. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, turkey meat exports expanded markedly to $X in 2022. Over the period under review, exports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X tons) was the main destination for turkey meat exports from Turkey, with a X% share of total exports. Moreover, turkey meat exports to the United Arab Emirates exceeded the volume sent to the second major destination, Jordan (X tons), threefold. Benin (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Jordan (X% per year) and Benin (X% per year).

In value terms, the largest markets for turkey meat exported from Turkey were the United Arab Emirates ($X), Jordan ($X) and Kuwait ($X), together comprising X% of total exports. Benin, Lebanon, Qatar, Guinea, Venezuela, Gabon, Azerbaijan, Democratic Republic of the Congo, Iraq and Ghana lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Lebanon, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average turkey meat export price stood at $X per ton in 2022, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Lebanon ($X per ton), while the average price for exports to Iraq ($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 Jordan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Turkey Meat Imports

Imports into Turkey

In 2022, supplies from abroad of turkey meat was finally on the rise to reach X tons for the first time since 2016, thus ending a five-year declining trend. Over the period under review, imports, however, faced a sharp decline. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, turkey meat imports skyrocketed to $X in 2022. In general, imports, however, recorded a precipitous curtailment. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Brazil (X tons) was the main turkey meat supplier to Turkey, with a X% share of total imports. Moreover, turkey meat imports from Brazil exceeded the figures recorded by the second-largest supplier, the United States (X tons), ninefold.

From 2013 to 2022, the average annual growth rate of volume from Brazil amounted to X%.

In value terms, Brazil ($X) constituted the largest supplier of turkey meat to Turkey, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports.

From 2013 to 2022, the average annual rate of growth in terms of value from Brazil amounted to X%.

Import Prices by Country

The average turkey meat import price stood at $X per ton in 2022, shrinking by X% against the previous year. Over the period under review, the import price saw a mild downturn. The most prominent rate of growth was recorded in 2018 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Brazil amounted to $X per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Canada (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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