Latest Report Update: Apr 18, 2021

World - Turkey Meat - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service and Privacy Policy. We'll occasionally send you account related emails.

Global Turkey Meat Market Overview 2021

Webinar: Global Fertilizer Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global fertilizer market.

Thursday, May 13th, 2021 @ 04:00 pm ET

Register Now

Turkey Meat Market Size

The global turkey meat market rose to $X in 2019, growing by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. Over the period under review, the global market hit record highs in 2019 and is expected to retain growth in the near future.

Turkey Meat Production

In value terms, turkey meat production totaled $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Global production peaked in 2019 and is expected to retain growth in the near future.

The country with the largest volume of turkey meat production was the U.S. (X tonnes), comprising approx. X% of total volume. Moreover, turkey meat production in the U.S. exceeded the figures recorded by the second-largest producer, Brazil (X tonnes), fourfold. Germany (X tonnes) ranked third in terms of total production with a X% share.

From 2007 to 2019, the average annual growth rate of volume in the U.S. was relatively modest. The remaining producing countries recorded the following average annual rates of production growth: Brazil (+X% per year) and Germany (+X% per year).

In 2019, the global average turkey meat yield amounted to X kg per X heads, stabilizing at the previous year. Overall, the yield continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, the average turkey meat yield reached the peak level in 2019 and is expected to retain growth in years to come.

In 2019, the number of animals slaughtered for turkey meat production worldwide reduced modestly to X heads, waning by -X% on 2018 figures. In general, the number of producing animals saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the number of producing animals increased by X% y-o-y. Over the period under review, this number reached the maximum level at X heads in 2008; however, from 2009 to 2019, producing animals stood at a somewhat lower figure.

Production By Country

The U.S. (X tonnes) constituted the country with the largest volume of turkey meat production, comprising approx. X% of total volume. Moreover, turkey meat production in the U.S. exceeded the figures recorded by the second-largest producer, Brazil (X tonnes), fourfold. Germany (X tonnes) ranked third in terms of total production with a X% share.

From 2007 to 2019, the average annual growth rate of volume in the U.S. was relatively modest. The remaining producing countries recorded the following average annual rates of production growth: Brazil (+X% per year) and Germany (+X% per year).

Turkey Meat Exports

Exports

In 2019, approx. X tonnes of turkey meat were exported worldwide; growing by X% against the year before. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when exports increased by X% y-o-y. Over the period under review, global exports attained the maximum at X tonnes in 2014; however, from 2015 to 2019, exports stood at a somewhat lower figure.

In value terms, turkey meat exports rose significantly to $X in 2019. The total export 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 in certain years. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Over the period under review, global exports reached the peak figure at $X in 2014; however, from 2015 to 2019, exports failed to regain the momentum.

Exports by Country

In 2019, the U.S. (X tonnes) and Poland (X tonnes) represented the largest exporters of turkey meatin the world, together creating X% of total exports. Germany (X tonnes) ranks next in terms of the total exports with a X% share, followed by France (X%), Italy (X%) and Spain (X%). Hungary (X tonnes), Brazil (X tonnes), Chile (X tonnes), the Netherlands (X tonnes), Canada (X tonnes), the UK (X tonnes) and Belgium (X tonnes) followed a long way behind the leaders.

From 2007 to 2019, the biggest increases were in Belgium, while shipments for the other global leaders experienced more modest paces of growth.

In value terms, Poland ($X), the U.S. ($X) and Germany ($X) were the countries with the highest levels of exports in 2019, with a combined X% share of global exports. Italy, France, Hungary, Spain, Brazil, Chile, the Netherlands, the UK, Canada and Belgium lagged somewhat behind, together comprising a further X terms of the main exporting countries, Spain saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the average turkey meat export price amounted to $X per tonne, picking up by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2011 an increase of X% year-to-year. Global export price peaked at $X per tonne in 2014; however, from 2015 to 2019, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Hungary ($X per tonne), while Canada ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Germany, while the other global leaders experienced more modest paces of growth.

Turkey Meat Imports

Imports

For the third consecutive year, the global market recorded decline in overseas purchases of turkey meat, which decreased by -X% to X tonnes in 2019. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by X% year-to-year. Global imports peaked at X tonnes in 2014; however, from 2015 to 2019, imports stood at a somewhat lower figure.

In value terms, turkey meat imports rose to $X in 2019. The total import value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2011 when imports increased by X% against the previous year. Global imports peaked at $X in 2014; however, from 2015 to 2019, imports failed to regain the momentum.

Imports by Country

Mexico (X tonnes) and Germany (X tonnes) represented roughly X% of total imports of turkey meat in 2019. The UK (X tonnes) occupied a X% share (based on tonnes) of total imports, which put it in second place, followed by the Netherlands (X%) and Benin (X%). The following importers - Belgium (X tonnes), Spain (X tonnes), France (X tonnes), South Africa (X tonnes), Austria (X tonnes), Portugal (X tonnes), Romania (X tonnes) and the Czech Republic (X tonnes) - together made up X% of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by the Czech Republic, while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest turkey meat importing markets worldwide were Germany ($X), Mexico ($X) and the UK ($X), with a combined X% share of global imports. These countries were followed by Austria, Belgium, Spain, France, the Netherlands, Portugal, the Czech Republic, Benin, Romania and South Africa, which together accounted for a further X terms of the main importing countries, Romania saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average turkey meat import price stood at $X per tonne in 2019, picking up 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 2011 an increase of X% y-o-y. Global import price peaked at $X per tonne in 2015; however, from 2016 to 2019, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Austria ($X per tonne), while South Africa ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Romania, while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for turkey meat in the world?
+
The U.S. (2.4M tonnes) remains the largest turkey meat consuming country worldwide, comprising approx. 40% of total volume. Moreover, turkey meat consumption in the U.S. exceeded the figures recorded by the second-largest consumer, Brazil (579K tonnes), fourfold. The third position in this ranking was occupied by Germany (494K tonnes), with a 8.2% share.
What are the largest producers of turkey meat in the world?
+
The U.S. (2.6M tonnes) constituted the country with the largest volume of turkey meat production, comprising approx. 44% of total volume. Moreover, turkey meat production in the U.S. exceeded the figures recorded by the second-largest producer, Brazil (613K tonnes), fourfold. The third position in this ranking was occupied by Germany (471K tonnes), with a 7.8% share.
What are the leading exporters of turkey meat in the world?
+
In value terms, Poland ($693M), the U.S. ($483M) and Germany ($331M) appeared to be the countries with the highest levels of exports in 2019, together accounting for 58% of global exports. These countries were followed by Italy, France, Hungary, Spain, Brazil, Chile, the Netherlands, the UK, Canada and Belgium, which together accounted for a further 34%.
What are the leading importers of turkey meat in the world?
+
In value terms, the largest turkey meat importing markets worldwide were Germany ($373M), Mexico ($314M) and the UK ($164M), together accounting for 34% of global imports. Austria, Belgium, Spain, France, the Netherlands, Portugal, the Czech Republic, Benin, Romania and South Africa lagged somewhat behind, together accounting for a further 35%.
What is the average export price for turkey meat in the world?
+
The average turkey meat export price stood at $2,575 per tonne in 2019, increasing by 5.1% against the previous year.
What is the average import price for turkey meat in the world?
+
The average turkey meat import price stood at $2,588 per tonne in 2019, surging by 6.3% against the previous year.

Product coverage:
• FCL 1080 - Turkey meat

This report provides an in-depth analysis of the global turkey meat market. 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.



Data coverage:
• Global market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Global production, split by region and country
• Global trade (exports and imports)
• 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
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. GLOBAL 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. GLOBAL 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. GLOBAL 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

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
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 2025
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

Webinar: Global Fertilizer Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global fertilizer market.



Thursday, May 13th, 2021 @ 04:00 pm ET


Register

Webinar: Global Graphite Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global graphite market.



Tuesday, May 18th, 2021 @ 04:00 pm ET


Register

Webinar: Global Coal Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global сoal market.



Tuesday, June 1st, 2021 @ 04:00 pm ET


Register
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data