U.S. - Fresh Or Chilled Whole Turkeys - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Fresh or Chilled Whole Turkey in the United States - 2023
Contents:
- Price for Fresh or Chilled Whole Turkey in the United States (FOB) - 2022
- Price for Fresh or Chilled Whole Turkey in the United States (CIF) - 2022
- Exports of Fresh or Chilled Whole Turkey in the United States
- Imports of Fresh or Chilled Whole Turkey in the United States
Price for Fresh or Chilled Whole Turkey in the United States (FOB) - 2022
The average export price for fresh or chilled whole turkeys stood at $3,417 per ton in 2022, with an increase of 34% against the previous year. Over the period under review, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fresh or chilled whole turkey export price increased by +88.9% against 2018 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Mexico.
From 2012 to 2022, the rate of growth in terms of prices for Mexico amounted to +4.5% per year.
Price for Fresh or Chilled Whole Turkey in the United States (CIF) - 2022
The average import price for fresh or chilled whole turkeys stood at $5,324 per ton in 2022, almost unchanged from the previous year. Overall, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fresh or chilled whole turkey import price decreased by -8.6% against 2018 indices. The pace of growth was the most pronounced in 2017 when the average import price increased by 52%. Over the period under review, average import prices attained the maximum at $5,825 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Canada.
From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to +3.5% per year.
Exports of Fresh or Chilled Whole Turkey in the United States
Fresh or chilled whole turkey exports from the United States contracted to 6.6K tons in 2022, dropping by -4% compared with the year before. Over the period under review, exports saw a deep setback. The growth pace was the most rapid in 2021 when exports increased by 8.1% against the previous year.
In value terms, fresh or chilled whole turkey exports soared to $23M in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +10.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.8% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Fresh or Chilled Whole Turkey in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 16.4 | 13.8 | 17.4 | 22.3 | 10.8% |
| Others | 0.2 | 0.2 | 0.2 | 0.3 | 14.5% |
| Total | 16.6 | 13.9 | 17.6 | 22.7 | 11.0% |
Top Export Markets for Fresh or Chilled Whole Turkey from the United States in 2022:
- Mexico (6.5K tons)
Imports of Fresh or Chilled Whole Turkey in the United States
For the fourth year in a row, the United States recorded growth in overseas purchases of fresh or chilled whole turkeys, which increased by 141% to 467 tons in 2022. In general, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, fresh or chilled whole turkey imports skyrocketed to $2.5M in 2022. Overall, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Fresh or Chilled Whole Turkey in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 0.4 | 1.0 | 1.0 | 2.5 | 84.2% |
| Israel | 0.1 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.5 | 1.0 | 1.0 | 2.5 | 71.0% |
Top Suppliers of Fresh or Chilled Whole Turkey to the United States in 2022:
- Canada (467.3 tons)
This report provides an in-depth analysis of the market for fresh or chilled whole turkey in the U.S.. 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 10121020 - Fresh or chilled whole turkeys
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- 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- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- 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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
433
This report provides an in-depth analysis of the market for fresh or chilled whole turkey in the U.S..
1706
This report provides an in-depth analysis of the turkey meat market in the U.S..
474
This report provides an in-depth analysis of the frozen whole chicken market in the U.S..
390
This report provides an in-depth analysis of the market for frozen whole geese and ducks in the USA.
398
This report provides an in-depth analysis of the frozen whole turkey market in the U.S..
1062
This report provides an in-depth analysis of the duck meat market in the USA.
526
This report provides an in-depth analysis of the frozen poultry liver market in the U.S..
424
This report provides an in-depth analysis of the frozen turkey cut market in the U.S..
415
This report provides an in-depth analysis of the market for frozen ducks and geese cuts in the USA.
641
This report provides an in-depth analysis of the frozen chicken cut market in the U.S..
332
Learn how to start a successful business in the turkey meat market in the United States. Understand industry landscape, market trends, and regulatory requirements. Conduct market research, develop a comprehensive business plan, comply with legal requirements, establish a reliable supply chain, and implement effective marketing strategies.
437
In July 2022, the turkey meat price per ton amounted to $3,177, rising by 2.8% against the previous month.
520
The turkey meat price per ton stood at $2,860 (FOB, US) in May 2022, waning by -4.4% against the previous month.
769
This November, the price for fresh whole body turkeys surpassed November 2020 figures by 9%, while frozen whole body turkeys jumped 20% y-o-y. A short supply of workers led to lower turkey output and higher prices on the backdrop of consistently strong consumer demand. Turkey imports to the U.S. maintained the previous year’s levels. Canada and Chile remain the only turkey suppliers to America. Unprecedented inflation rates have struck the entire food sector; in October 2021, price increases for meats, poultry, fish and eggs became the highest recorded in the past 30 years.
1024
In 2018, the production of turkey meat in the U.S. totaled 2.7M tons, stabilizing at the previous year. In general, turkey meat production continues to indicate a relatively flat trend pattern, which is largely conditioned by the stability in the dem
398
The export value of Frozen Whole Chicken increased significantly to $2.1 million in May 2023.
242
In February 2023, the price of a frozen whole turkey (FOB, US) was $1,971 per ton, a decrease of 33% compared to the previous month.
179
In December 2022, the frozen whole turkey price amounted to $3,233 per ton (FOB, US), falling by -3.8% against the previous month.
394
In value terms, fresh chicken cut exports declined to $67M in April 2023.
549
In 2019, the global turkey meat market increased by 3.5% to $12.8B, rising for the second consecutive year after two...
