Turkey meat and offal market in Asia

Earlier Report Observations

From 2018 to 2023, the Asian turkey meat market experienced a shift where overall volume declined from 220 thousand tons to 190.4 thousand tons, after reaching a high of 221.7 thousand tons in 2020. In value terms, the market grew from $898.3 million to over $1 billion by 2022, before a slight moderation to $1,019.7 million in 2023. This divergence indicates changing price levels and product mix, even as physical consumption contracted.

Domestic production in Asia fell from 182.3 thousand tons in 2018 to a low of 154.2 thousand tons in 2021, before a modest recovery. Imports surged to 77.9 thousand tons in 2020, providing a temporary boost to supply, but subsequently fell below 50 thousand tons. Export volumes also declined after 2019 before resuming growth from 2022 onwards.

In 2024, import volumes rose to 45.0 thousand tons, a change supported by a sharp increase in shipments from Russia. With China sourcing nearly all its turkey meat from Russia, a reported 72% surge in Russian exports directly expanded the supply available to the Asian market.

Production turkey meat and offal in Asia

In kind, 2017-2020, K t

Top producers of turkey meat and offal, 2017-2020

World map of production of turkey meat and offal, 2017-2020

Turkey meat and offal production in Asia has declined for the second year in a row. In 2020, Asia produced 155.7 thousand tons of turkey meat and offal, representing a modest 8.9% decrease compared to 2019. Looking at the period from 2017 to 2020, overall production increased by 6%, with an average annual growth rate of 2.0%. The highest production level was recorded in 2018 at 182.3 thousand tons, which also saw the largest annual increase of 24.2%.

Annual dynamics of production in Asia in kind, 2017-2020, K t

In value, 2017-2020, M $ US

Following two years of growth, Asia's turkey meat and offal production value has declined. In 2020, the output was valued at 307.6 million US dollars, showing a significant 22.3% drop from the previous year. The peak value occurred in 2019 at 395.7 million US dollars, while the largest annual increase was recorded in 2018 at 19.1%.

Annual dynamics of production in Asia in value, 2017-2020, M $ US

Exports turkey meat and offal from Asia

Exports in kind, t

After two consecutive years of growth, Asia's turkey meat and offal exports declined in 2020. The region exported 11,883 tons that year, down 31.2% from 2019. Between 2017 and 2020, exports overall increased by 3.7%, equivalent to an average annual growth rate of 1.2%. The highest export volume was recorded in 2019 at 17,260 tons, which also saw the largest annual increase of 26.6%.

Annual dynamics of product's exports from Asia in kind, 2017-2020, t

From 2017 to 2020, Russia (18.6% of exports by volume), Benin (2.8%), and Guinea (2.0%) were among the largest buyers of turkey meat and offal from Asia. However, even combined, these three countries accounted for just 23.4% of total exports, indicating a broadly diversified partner base across the region.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Asia in kind, 2017-2020

Exports in value, M $ US

Following two years of growth, Asia's turkey meat and offal export value declined in 2020. Exports reached 23.5 million US dollars that year, representing a sharp 41.3% reduction from 2019. The peak value was recorded in 2019 at 40.0 million US dollars, which also saw the largest annual increase of 47.5%.

Annual dynamics of product's exports from Asia in value, 2017-2020, M $ US

The export structure by value from 2017 to 2020 shows a diversified set of trading partners. Russia (22.3% of export value), Italy (2.0%), and Benin (1.8%) together accounted for only 26.2% of total flows, while the remaining 73.8% was distributed among numerous smaller markets.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Asia in value, 2017-2020

Imports turkey meat and offal to Asia

Imports in kind, t

Asia's turkey meat and offal import volumes have increased for the second consecutive year. In 2020, imports reached 77,882 tons, marking a substantial 30.5% increase compared to 2019. Between 2017 and 2020, imports grew by 41.6%, equivalent to an average annual growth rate of 12.3%. The lowest import volume was recorded in 2018 at 51,379 tons, which also saw the largest annual decline of 6.6%.

Annual dynamics of product's imports to Asia in kind, 2017-2020, t

The import structure by volume from 2017 to 2020 can be described as diversified. The United States (26.9% of imports by volume), Chile (9.8%), and Poland (6.1%) together accounted for just 42.9% of total flows, with no single country holding a clearly dominant position.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Asia in kind, 2017-2020

Imports in value, M $ US

Asia's turkey meat and offal import value has increased for the second year in a row. In 2020, imports were valued at approximately 182.4 million US dollars, representing a significant 25.2% increase from 2019. Over the period from 2017 to 2020, import value grew by 60.2%, with an average annual growth rate of 17.0%. The lowest value was recorded in 2018 at 104.8 million US dollars, which saw the largest annual decline of 8.0%. The largest annual increase occurred in 2019 at 39.1%.

Annual dynamics of product's imports to Asia in value, 2017-2020, M $ US

From 2017 to 2020, there was no single dominant market for turkey meat and offal imports by value. The United States (27.4% of import value), Chile (10.8%), and Poland (6.5%) together accounted for only 44.6% of total imports, while many smaller partners each held modest individual shares.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Asia in value, 2017-2020