U.S. frozen whole turkey export skyrockets to over $118K in February 2023

Published 2023년 5월 2일

Tridge summary

In February 2023, the United States experienced a dramatic 800% increase in exports of frozen whole turkeys, reaching 60 tons with a value of $118K. Mexico was the primary destination, receiving 75% of these exports. Despite this surge in turkey exports, overall exports saw a decline. The export price per ton fell by 33% to $1,971, with India having the highest average price at $4,167 per ton and Mexico the lowest at $1,675 per ton.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

U.S. Frozen Whole Turkey Exports After three months of decline, shipments abroad of frozen whole turkeys increased by 800% to 60 tons in February 2023. Overall, exports, however, recorded a abrupt decrease. In value terms, frozen whole turkey exports soared to $118K (IndexBox estimates) in February 2023. In general, exports, however, continue to indicate a drastic downturn. Exports by Country Mexico (44 tons) was the main destination for frozen whole turkey exports from the United States, with a 75% share of total exports. Moreover, frozen whole turkey exports to Mexico exceeded the volume sent to the second major destination, the Dominican Republic (11 tons), fourfold. Australia (1.1 tons) ranked third in terms of total exports with a 1.8% share. From February 2022 to February 2023, the average monthly growth rate of volume to Mexico totaled -17.0%. Exports to the other major destinations recorded the following average monthly rates of exports growth: the Dominican Republic ...

Source: Globaltrademag