Turkey’s production of chicken meat in 2022 is projected higher, in large part because of anticipated strong export demand from neighboring countries and China.
Turkey’s production of chicken meat in 2022 is projected higher, in large part because of anticipated strong export demand from neighboring countries and China. Additionally, the uncertainty of Ukrainian chicken exports to select Middle Eastern markets may also fuel increased demand for Turkish chicken meat in these markets. However, if local market conditions warrant, the Ministry of Agriculture & Forest (MinAF) may restrict chicken meat exports to ensure that there are sufficient, affordable supplies available to Turkish consumers.
Meantime, rising input costs will continue tempering greater production gains and will put upward pressure on retail chicken meat prices. In response to these higher retail prices, consumption levels are expected to remain flat year-over-year.
Production:
In 2022, Post is raising its chicken meat production estimate by 7 percent to 2.4 million metric tons (MMT), which is primarily due to stronger foreign demand for Turkish chicken products. The local industry is reported to have the needed breeding stock and capacity to increase production. While rising input costs will temper production gains, producers expect to offset some of these costs with higher export margins. At the same time, some producers are seeking government support to help cover some of these higher input costs.
The growth of Turkey’s poultry sector continues to be constrained by higher input costs, especially high feed prices, which have doubled in the past year.
Feed accounts for 70 percent of total production costs. With a sizeable portion of the country’s poultry feed made from imported ingredients, producers will likely face higher feed prices because of trade disruptions resulting from the war in Ukraine. The price of imported coal, which is used to warm breeder cages, has gone up in recent weeks because of the war.
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Consumption:
In 2022, chicken meat consumption is forecast at 1.69 MMT, nearly unchanged from the previous year because of the rising cost of chicken meat and
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