Turkey meat and offal market in the United States

Earlier Report Observations

The US turkey meat market experienced a gradual contraction from 2018 to 2022, with volume declining from 2455 thousand tons to 2274 thousand tons. After holding steady around 2401 thousand tons in 2020, consumption dipped again in 2021, a year marked by slight price increases for turkey meat indicating broader supply and demand adjustments.

Underlying market shifts gained momentum in 2022 and 2023. Health-conscious eating and protein-focused diets boosted interest in turkey as a lean protein source. Major producer Hormel Foods expanded its ground and precooked turkey capacity, while packaging innovations like resealable packs enhanced consumer convenience. These developments helped reverse the decline, with market volume growing to 2313 thousand tons in 2023.

The 2023 rebound was directly fueled by new product launches and shifting preferences. Bernard Matthews' new flavored turkey fillet line contributed to a significant rise in freezer aisle sales. Demand surged for ground turkey, frozen items, and organic, antibiotic-free products, supported by wider retail and online distribution. Looking ahead, continued health and wellness trends are expected to support the market, with turkey export prices projected to rise.

Production turkey meat and offal in the United States

In kind, 2017-2020, K t

From 2017 to 2020, the United States was the world's largest producer of turkey meat and offal.

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 the United States fell for the third year in a row. In 2020, the country produced 2 605 K t, down 1.3% from the previous year. Over the 2017-2020 period, production dropped by 4%, averaging an annual decline of 1.3%.

Annual dynamics of production in the United States in kind, 2017-2020, K t

In value, 2017-2020, M $ US

After rising for two years, turkey meat and offal production in the United States declined. In 2020, output was valued at 5 066 M $ US, a 3.6% decrease from 2019. From 2017 to 2020, production grew by 3.5%, with a compound annual growth rate of 1.2%. The highest value was recorded in 2019 at 5 256 M $ US, which also saw the largest increase of 4.8%.

Annual dynamics of production in the United States in value, 2017-2020, M $ US

Exports turkey meat and offal from the United States

Exports in kind, K t

In 2020, the United States exported 213.8 K t of turkey meat and offal, a sharp 11.8% drop from the previous year. Between 2017 and 2020, exports fell by 7.6%, averaging an annual decrease of 2.6%. The peak was in 2019 at 242.4 K t, which also experienced the largest increase of 10.5%.

Annual dynamics of product's exports from the United States in kind, 2017-2020, K t

From 2017 to 2020, Mexico, Hong Kong, and Benin were the top contributors to exports in kind, accounting for 68.8% of total flows. Mexico led with 61.9%, followed by Hong Kong at 4.3% and Benin at 2.6%.

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

World map of product's exports from the United States in kind, 2017-2020

Exports in value, M $ US

In 2020, the United States exported turkey meat and offal valued at 415.8 M $ US, a 13.9% decline from the year before. The lowest value was in 2018 at 412.7 M $ US, while the highest was in 2019 at 482.8 M $ US, which also saw the largest increase of 17.0%.

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

During 2017-2020, Mexico, Hong Kong, and the Dominican Republic accounted for the largest share of exports in value terms, making up 68.9% of total flows. Mexico contributed 62.3%, Hong Kong 3.6%, and the Dominican Republic 3.0%.

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

World map of product's exports from the United States in value, 2017-2020

Imports turkey meat and offal to the United States

Imports in kind, K t

The market showed an unstable trend over the period. Imports reached their lowest point in 2019 at 5.6 K t, which was a 33.9% decline, and then surged to 9.6 K t in 2020, a 71.9% year-over-year increase. From 2017 to 2019, the range between peak and trough was two-fold.

Annual dynamics of product's imports to the United States in kind, 2017-2020, K t

From 2017 to 2020, Canada and Chile together absorbed 93.3% of turkey meat and offal imports in kind to the United States, with the remainder spread across smaller markets.

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

World map of product's imports to the United States in kind, 2017-2020

Imports in value, M $ US

After two years of decline, turkey meat and offal imports to the United States increased. In 2020, imports rose to 24.6 M $ US, a steep 33.7% jump from the previous year. Over the 2017-2020 period, imports fell by 15%, with a compound annual decline rate of 5.3%. The lowest value was in 2019 at 18.4 M $ US, which also saw the largest drop of 21.2%.

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

Throughout 2017-2020, Canada and Chile dominated imports in value terms, jointly accounting for 90.6% of total flows into the United States, while other countries held much smaller shares.

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

World map of product's imports to the United States in value, 2017-2020