Benelux: Turkey Meat Market 2024

Turkey Meat Market Size in Benelux

In 2022, the Benelux turkey meat market was finally on the rise to reach $X after two years of decline. Overall, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Turkey Meat Production in Benelux

In value terms, turkey meat production contracted to $X in 2022 estimated in export price. Over the period under review, production showed a deep contraction. The growth pace was the most rapid in 2015 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

The Netherlands (X tons) constituted the country with the largest volume of turkey meat production, accounting for X% of total volume. Moreover, turkey meat production in the Netherlands exceeded the figures recorded by the second-largest producer, Belgium (X tons), sixfold.

In the Netherlands, turkey meat production plunged by an average annual rate of X% over the period from 2012-2022.

In 2022, the average yield of turkey meat in Benelux was estimated at X kg per head, standing approx. at the year before. Overall, the yield showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the yield increased by X% against the previous year. The level of yield peaked at X kg per head in 2020; however, from 2021 to 2022, the yield stood at a somewhat lower figure.

In 2022, the number of animals slaughtered for turkey meat production in Benelux declined slightly to X heads, flattening at 2021 figures. Over the period under review, the number of producing animals showed a noticeable downturn. The pace of growth appeared the most rapid in 2015 when the number of producing animals increased by X%. Over the period under review, this number reached the maximum level at X heads in 2013; however, from 2014 to 2022, producing animals remained at a lower figure.

Turkey Meat Exports

Exports in Benelux

After two years of growth, overseas shipments of turkey meat decreased by X% to X tons in 2022. Over the period under review, exports continue to indicate a perceptible setback. The most prominent rate of growth was recorded in 2020 with an increase of X%. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, turkey meat exports amounted to $X in 2022. In general, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by X%. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, the Netherlands (X tons) was the key exporter of turkey meat, constituting X% of total exports. It was distantly followed by Belgium (X tons), making up a X% share of total exports.

Exports from the Netherlands decreased at an average annual rate of X% from 2012 to 2022. Belgium (X%) illustrated a downward trend over the same period. While the share of Belgium (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the Netherlands (X p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) remains the largest turkey meat supplier in Benelux, comprising X% of total exports. The second position in the ranking was held by Belgium ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in the Netherlands was relatively modest.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per ton, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%).

Turkey Meat Imports

Imports in Benelux

In 2022, overseas purchases of turkey meat decreased by X% to X tons, falling for the second consecutive year after three years of growth. In general, imports recorded a perceptible contraction. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, turkey meat imports stood at $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the near future.

Imports by Country

Belgium was the major importer of turkey meat in Benelux, with the volume of imports resulting at X tons, which was near X% of total imports in 2022. It was distantly followed by the Netherlands (X tons), creating a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Belgium (with a CAGR of X%).

In value terms, Belgium ($X) and the Netherlands ($X) appeared to be the countries with the highest levels of imports in 2022.

Belgium, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per ton, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the Netherlands stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%).

Source: IndexBox Platform

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