What is the price of turkey meat per kilogram/pound in Australia today?
The retail price range for Australia turkey meat is between US$ 0.99 and US$ 2.96 per kilogram or between US$ 0.45 and US$ 1.34 per pound(lb). Click here to see today's exact prices of turkey meat in Australia
The retail price range in Australian Dollar for turkey meat is between AUD 1.49 and AUD 4.46 per kilogram or between AUD 0.67 and AUD 2.02 per pound(lb) in Canberra and Melbourne.
Wholesale prices
In 2024, the approximate wholesale price range for Australia turkey meat is between US$ 0.69 and US$ 2.07 per kilogram or between US$ 0.31 and US$ 0.94 per pound(lb).
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Australia Turkey Meat Export Prices - Historical, Trends and Prediction
The export price per kilogram of Turkey Meat from Australia has seen a steady increase over the last five years. In 2017, the price was 2.49 US dollars per kg, and in 2021 it had risen to 2.82 US dollars per kg. The highest price was in 2020, when it reached 2.50 US dollars per kg. The lowest price was in 2018, when it was 1.64 US dollars per kg. Based on this trend, it is predicted that the export price per kilogram of Turkey Meat from Australia will be 2.90 US dollars per kg in 2023 and 3.00 US dollars per kg in 2024.The Australia turkey meat exports are classified as:
- Fresh or chilled cuts and edible offal of turkeys of the species domesticus (HS code 020726)
- Frozen turkeys of the species domesticus, not cut into pieces (HS code 020725)
- Fresh or chilled turkeys of the species domesticus, not cut in pieces (HS code 020724)
- Meat or offal of turkeys "Gallus domesticus", prepared or preserved (excluding sausages and similar products, and finely homogenised preparations put up for retail sale as infant food or for dietetic purposes, in containers of a net weight of <= 250 g, preparations of liver and meat extracts and juices) (HS code 160231)
- Frozen cuts and edible offal of turkeys of the species domesticus (HS code 020727)
Australia Turkey Meat Import Prices - Historical, Trends and Prediction
The import price per kilogram of Turkey Meat into Australia has seen a significant fluctuation over the past five years. In 2017, the price was at its highest at $2.49, before dropping to $1.64 in 2018. In 2019, the price rose again to $2.50, before dropping to $1.83 in 2020. The price then rose again to $2.82 in 2021, before dropping to $2.36 in 2022. Looking ahead, it is likely that the import price per kilogram of Turkey Meat into Australia will remain relatively stable in the next two years. We predict that the price will be $2.37 in 2023 and $2.38 in 2024.Export values for Australia turkey meat
The total values in export for turkey meat in Australia were US$ 3,967, US$ 4,012, US$ 997 and US$ 764 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Meat category in Australia: Pork, Mutton, Goat Meat, Horse Meat, Chicken Meat, Duck Meat, Geese Meat, Guinea Fowls Meat, Rabbit Meat & Frog Legs.
See prices of turkey meat in other countries across Oceania: Fiji turkey meat, French Polynesia turkey meat, Guam turkey meat, Micronesia turkey meat, New Caledonia turkey meat, Papua New Guinea turkey meat, Samoa turkey meat, Solomon Islands turkey meat, Tonga turkey meat & Vanuatu turkey meat.
Australia turkey meat - Production, Exports, Imports, Seasons and HS Codes
The volume of turkey meat exported by Australia in 2020 was 2,537 tonnes. In 2019 Australia exported 306 tonnes of turkey meat. Through 2019 alone, the market for Australia turkey meat (meat category) has shrunk, with a change of -49.671 pc compared to the year 2018. Between 2017 and 2019, turkey meat's exports went down by -80.98 pc netting Australia US$0.76m for the year 2019. Australia's turkey meat exports are classified as:
- Fresh or chilled turkeys of the species domesticus, not cut in pieces (HS code 020724)
- Meat or offal of turkeys "Gallus domesticus", prepared or preserved (excluding sausages and similar products, and finely homogenised preparations put up for retail sale as infant food or for dietetic purposes, in containers of a net weight of <= 250 g, preparations of liver and meat extracts and juices) (HS code 160231)
- Frozen cuts and edible offal of turkeys of the species domesticus (HS code 020727)
- Frozen turkeys of the species domesticus, not cut into pieces (HS code 020725)
- Fresh or chilled cuts and edible offal of turkeys of the species domesticus (HS code 020726)
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Australia turkey meat export values
In 2019, Australia exported turkey meat with a value of 0.76m USD, a contraction of -23.77% from 2018's total turkey meat export of 0.997m USD. The annual change in value of Australia turkey meat between 2017 to 2018 was -75.15%.
The per year change in the amount of Australia's turkey meat exports between 2017 and 2019 was -80.98% when compared to a variation of -49.671% in the growth rate between 2018 and 2019.
Australia's share of the world's total turkey meat's exports in 2019 was less than 1%. The country holds number 9 in world exports of turkey meat.
Export markets for Australia turkey meat ( in '000$ )
Australia's best performing export markets for turkey meat are South Africa, Sri Lanka, South Korea, Hong Kong and Vietnam.
Import/Export Trends
Australia is a net exporter of turkey meat. The annual growth of Australia turkey meat in value between 2015 to 2019 was -3%, per year, while annual growth in quantity through the same period was -18%, per annum.
Australia bought 228 tonnes of turkey meat in 2019.