Australia - Bigeye Tuna - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBigeye Tuna Price in Australia - 2024
Contents:
- Bigeye Tuna Price in Australia (CIF) - 2022
- Bigeye Tuna Price in Australia (FOB) - 2022
- Bigeye Tuna Imports in Australia
- Bigeye Tuna Exports in Australia
Bigeye Tuna Price in Australia (CIF) - 2022
In 2022, the average bigeye tuna import price amounted to $1,296 per ton, dropping by -8.1% against the previous year. Over the period under review, the import price recorded a deep slump. The growth pace was the most rapid in 2013 an increase of 91%. Over the period under review, average import prices attained the maximum at $11,582 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Vietnam.
From 2012 to 2022, the rate of growth in terms of prices for Vietnam amounted to -11.3% per year.
Bigeye Tuna Price in Australia (FOB) - 2022
The average bigeye tuna export price stood at $10,287 per ton in 2022, rising by 28% against the previous year. Overall, the export price saw a strong expansion. The pace of growth appeared the most rapid in 2019 an increase of 75% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($10,817 per ton), while the average price for exports to Thailand stood at $1,125 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+13.0%), while the prices for the other major destinations experienced a decline.
Bigeye Tuna Imports in Australia
Bigeye tuna imports into Australia rose markedly to 8.9 tons in 2022, picking up by 12% on the year before. Overall, imports, however, saw a abrupt contraction. The pace of growth was the most pronounced in 2020 when imports increased by 51% against the previous year. As a result, imports reached the peak of 19 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, bigeye tuna imports stood at $12K in 2022. Over the period under review, imports, however, saw a abrupt slump. The pace of growth appeared the most rapid in 2020 with an increase of 42% against the previous year. As a result, imports attained the peak of $21K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Bigeye Tuna in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 10.9 | 16.3 | 6.5 | 7.2 | -12.9% |
| Others | 4.1 | 5.1 | 4.7 | 4.4 | 2.4% |
| Total | 15.1 | 21.4 | 11.3 | 11.6 | -8.4% |
Top Suppliers of Bigeye Tuna to Australia in 2022:
- Vietnam (8.9 tons)
Bigeye Tuna Exports in Australia
In 2022, exports of bigeye tuna from Australia surged to 164 kg, increasing by 33% on the previous year's figure. Over the period under review, exports saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 52%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, bigeye tuna exports soared to $1.7K in 2022. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 70%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Bigeye Tuna in Australia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 331 | 566 | 969 | 1,655 | 71.0% |
| Thailand | 3.0 | 5.0 | 7.0 | 9.0 | 44.2% |
| Others | 10.0 | 11.0 | 15.0 | 23.0 | 32.0% |
| Total | 344 | 582 | 991 | 1,687 | 69.9% |
Top Export Markets for Bigeye Tuna from Australia in 2022:
- Japan (153.0 kg)
- Thailand (8.0 kg)
This report provides an in-depth analysis of the bigeye tuna market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Product coverage:
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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