The cost of turkey is a significant consideration for many households, especially during the holiday season or special occasions. Understanding the average price of turkeys can help consumers budget effectively and make informed decisions about their purchases. In this blog post, we will delve into the factors influencing the average turkey price and explore trends in pricing to provide valuable insights for consumers.
The Latest Average Turkey Price Explained
In 2018, the average cost of a whole turkey was $1.36 per pound.
The statistic states that in 2018, the average cost of a whole turkey was $1.36 per pound. This means that, on average, consumers were paying $1.36 for every pound of whole turkey purchased during that year. This information gives insight into the pricing trend and affordability of whole turkeys in 2018. It can be used by individuals, businesses, and researchers to understand the cost of this popular holiday food item and make informed decisions related to purchasing, budgeting, and economic analysis. Additionally, it can serve as a point of reference for comparison with prices in other years or in relation to other food items.
In 2019, the average cost of a Thanksgiving dinner for 10 people was $48.91, which includes the price of a turkey.
The statistic indicates that in 2019, the average cost of a Thanksgiving dinner for a gathering of 10 people was $48.91, with this cost accounting for the price of a turkey as well. This figure provides insight into the affordability of a traditional Thanksgiving meal for a larger group of individuals. It suggests that, on average, individuals could host a Thanksgiving dinner for 10 people at a relatively reasonable cost, taking into account the main element of the meal – the turkey. The statistic could be useful for budgeting purposes or for understanding general trends in Thanksgiving meal costs.
In 2020, the average price of a whole turkey was $19.39.
In 2020, the average price of a whole turkey being $19.39 indicates the typical cost consumers were paying for a whole turkey during that year. This statistic is calculated by adding up the prices of all whole turkeys sold in 2020 and dividing by the total number of turkeys. The average price provides a general idea of the market value of whole turkeys and can be useful for budgeting purposes, understanding consumer trends, and comparing prices across different regions or time periods. It can also serve as a benchmark for retailers and producers in setting prices and evaluating their competitiveness in the market.
In the US, the annual consumption of turkey per person amounted to 16 pounds in 2020.
This statistic indicates that in the United States in the year 2020, the average amount of turkey consumed per person over the course of the year was 16 pounds. This figure provides insight into the popularity and significance of turkey as a staple food item in American diets. It reflects the cultural significance of turkey consumption, particularly during holidays such as Thanksgiving and Christmas, where turkey is traditionally a centerpiece dish. Additionally, this statistic may also be indicative of broader trends in dietary habits and preferences within the population, as well as factors such as availability, affordability, and marketing of turkey products.
In 2016, the average price per pound for a frozen whole turkey was $1.42.
The statistic states that in the year 2016, the average price per pound for a frozen whole turkey was $1.42. This means that when considering a large number of frozen whole turkeys sold in 2016, the typical price paid by consumers was $1.42 per pound. This information is useful in providing insight into the general cost of purchasing frozen whole turkeys during that particular year, allowing consumers and researchers to compare prices, analyze trends, and understand the overall affordability and pricing dynamics within the turkey market.
In 2017, the price for a pound of turkey was $1.62 in the U.S.
In 2017, the statistic states that the average price for a pound of turkey in the United States was $1.62. This figure provides an indication of the cost of turkey meat for consumers during that year. It is a summary of the market price at a specific point in time and can help individuals understand the affordability and accessibility of turkey as a food item in the U.S. The statistic can also be used for comparison purposes with prices from previous years or with prices in other countries to analyze trends and variations in the turkey market.
For Thanksgiving 2019, the average cost of a fresh, whole turkey was $1.89 per pound.
The statistic states that the average cost of a fresh, whole turkey for Thanksgiving in 2019 was $1.89 per pound. This information indicates the typical price consumers were paying for a whole turkey leading up to the holiday season. The cost per pound is a key metric used to compare prices across different sizes of turkeys and to evaluate trends in food prices over time. Understanding the average cost of a turkey can also provide insights into the overall cost of Thanksgiving meals and help consumers budget for their holiday expenses.
By November 2017, turkey prices in the retail sector decreased, with an average frozen turkey price of $1.58 per pound.
In November 2017, the average price of frozen turkeys in the retail sector was reported to be $1.58 per pound, showing a decrease from previous prices. This statistic indicates a downward trend in turkey prices, potentially driven by factors such as changes in demand, supply, or production costs. Lower turkey prices could be beneficial for consumers looking to purchase turkeys for holiday gatherings or other occasions, as they may be able to obtain the same quantity of turkey for a lower cost compared to earlier periods. Retailers and industry stakeholders may be monitoring these price movements closely to understand market dynamics and make informed decisions related to pricing, inventory management, and promotional strategies.
In 2015, the average price per pound for a frozen whole turkey increased by 6.4% to $1.58 compared to the previous year.
In 2015, the average price per pound for a frozen whole turkey increased by 6.4% to $1.58 compared to the previous year. This statistic indicates that there was a noticeable upward trend in the price of frozen whole turkeys from one year to the next. The 6.4% increase signifies a significant rise in the cost per pound, suggesting potential factors such as changes in supply and demand, production costs, or market conditions that influenced the pricing of frozen turkeys. Consumers purchasing frozen whole turkeys in 2015 paid, on average, $1.58 per pound, reflecting the impact of the price increase in comparison to the previous year.
In 2018, the average price per pound for turkeys increased by 4% to $1.50 from the previous year.
The statistic “In 2018, the average price per pound for turkeys increased by 4% to $1.50 from the previous year” indicates that in 2018, the cost of turkeys per pound rose by 4% compared to the previous year. This means that consumers buying turkey in 2018 would have paid $1.50 per pound on average, representing a notable inflation in price from the previous year. This increase suggests potential factors such as changes in demand, supply, production costs, or market conditions that influenced the pricing of turkeys in 2018 compared to the previous year.
In 2013, the average price per pound of a frozen turkey was $1.36.
In 2013, the average price per pound of a frozen turkey was $1.36. This statistic indicates the typical cost consumers could expect to pay per pound for a frozen turkey during that year. The average price serves as a useful metric for understanding the overall market trend and price point for this particular food item. It can be used by retailers, economists, and consumers to analyze the affordability of frozen turkeys and make informed decisions related to purchasing and budgeting. Additionally, tracking changes in the average price over time can provide insights into factors such as inflation, supply and demand dynamics, and seasonal fluctuations in the turkey market.
In 2008, the average U.S. retail price for frozen turkey was $1.19 per pound.
The statistic provided states that in 2008, the average price of frozen turkey in the retail market in the United States was $1.19 per pound. This means that when consumers purchased frozen turkeys from various retail outlets such as grocery stores or supermarkets, they paid an average of $1.19 for each pound of turkey. This statistic is indicative of the general pricing trend for frozen turkeys during that year and can be used to understand the cost consumers were likely to incur when purchasing this popular meat product. Additionally, this information can be helpful for industry analysts, policymakers, and consumers to track price changes and make informed decisions related to turkey consumption and market trends.
For Thanksgiving 2021, the average cost for a turkey was $23.99.
The statistic “For Thanksgiving 2021, the average cost for a turkey was $23.99” indicates the typical price consumers paid for a turkey during the Thanksgiving holiday in 2021. This average cost is calculated by adding up the prices of all turkeys sold and dividing by the total number of turkeys being sold. A consumer can expect to spend around $23.99 on a turkey for their Thanksgiving dinner, taking into account variations in prices due to factors such as size, brand, and location. This statistic provides valuable information for budgeting purposes and understanding the general cost of this traditional holiday meal component in the given year.
In 2020, the price of a 16-pound turkey was up 7% from the previous year, costing around $21.36.
In 2020, there was a 7% increase in the price of a 16-pound turkey compared to the previous year, resulting in a cost of approximately $21.36. This statistic indicates that consumer prices for turkeys experienced inflation, likely influenced by factors such as changes in demand, production costs, and market conditions. The 7% price increase suggests that consumers had to allocate a larger portion of their budget to afford a Thanksgiving staple, potentially impacting purchasing decisions and highlighting the importance of understanding economic trends and fluctuations in food prices.
In 2016, the average price for a pound of turkey meat in the U.S. was $1.49.
The statistic stating that in 2016, the average price for a pound of turkey meat in the U.S. was $1.49 provides a summary measure of the central tendency of turkey meat prices during that year. This average price value is calculated by adding up the prices of pounds of turkey meat sold across different regions in the U.S. and dividing it by the total number of observations. Averages serve as a useful tool in understanding the general price level of a particular product, in this case, turkey meat, and can help consumers, retailers, and policymakers make informed decisions. It is important to note that this average price represents a collective figure and variations may exist depending on factors such as location, brand, quality, and time of year.
In November 2011, the price for a frozen whole turkey reached $1.62 per pound.
The statistic states that in November 2011, the price for a frozen whole turkey was $1.62 per pound. This information provides a specific point-in-time reference for the cost of turkeys during that month. The price per pound is a key metric for consumers looking to purchase whole turkeys for Thanksgiving or other special occasions, as it indicates the relative affordability or expense of this food item. The statistic can be used by economists to track inflation and food price trends, by retailers to adjust pricing strategies, and by consumers to make informed decisions about their purchases.
In 2010, the price per pound of turkey was $1.57 in the U.S.
The statistic “In 2010, the price per pound of turkey was $1.57 in the U.S.” indicates the average cost consumers paid for one pound of turkey meat in the United States during the specified year. This statistic is crucial for understanding economic trends related to the poultry industry, consumer purchasing power, and inflation rates within the country. It serves as a valuable indicator for consumers, producers, and policymakers alike as they navigate market conditions, make pricing decisions, and assess the affordability and demand for turkey products. Monitoring fluctuations in turkey prices can provide insights into factors such as supply and demand dynamics, production costs, seasonal variations, and overall economic health.
In 2020, the national average price for a whole turkey was $1.21 per pound, down slightly from $1.30 per pound in 2019.
The statistic provided indicates that in 2020, the average price for a whole turkey in the United States was $1.21 per pound, which represented a slight decrease from the previous year when the average price was $1.30 per pound. This information suggests that there was a small dip in the cost of turkeys from 2019 to 2020. The average price per pound serves as a useful indicator for tracking changes in the affordability of turkeys, which is a popular food item particularly during holidays such as Thanksgiving and Christmas. Overall, this statistic highlights a modest fluctuation in turkey prices over the specified period, potentially reflecting factors such as supply and demand dynamics, production costs, and market conditions.
In 2014, the price per pound of a fresh, whole turkey in the U.S. was $1.60.
In 2014, the average price per pound of a fresh, whole turkey in the United States was $1.60. This statistic indicates the cost of purchasing a whole turkey at that specific point in time, providing valuable information for consumers looking to budget their holiday meal expenses or for businesses within the poultry industry. The price per pound can vary depending on factors such as the specific region, demand, supply, and time of year, so this statistic serves as a snapshot of the market conditions for turkeys in the U.S. during 2014.
References
0. – https://www.www.usda.gov
1. – https://www.www.usatoday.com
2. – https://www.www.aarp.org
3. – https://www.www.statista.com
4. – https://www.www.fb.org
5. – https://www.www.ers.usda.gov
6. – https://www.www.foxnews.com
7. – https://www.www.businessinsider.com
8. – https://www.www.cnbc.com
9. – https://www.news.yahoo.com
10. – https://www.talkpoverty.org
