China - Bigeye Tuna - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBigeye Tuna Price in China - 2023
Contents:
- Bigeye Tuna Price in China (FOB) - 2023
- Bigeye Tuna Price in China (CIF) - 2022
- Bigeye Tuna Exports in China
- Bigeye Tuna Imports in China
Bigeye Tuna Price in China (FOB) - 2023
In June 2023, the average bigeye tuna export price amounted to $6,226 per ton, with a decrease of -6.2% against the previous month. Overall, the export price showed a slight contraction. The growth pace was the most rapid in December 2022 an increase of 21% month-to-month. Over the period under review, the average export prices attained the maximum at $8,706 per ton in July 2022; however, from August 2022 to June 2023, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Japan.
From June 2022 to June 2023, the rate of growth in terms of prices for South Korea amounted to +1.2% per month.
Bigeye Tuna Price in China (CIF) - 2022
The average bigeye tuna import price stood at $2,056 per ton in 2022, growing by 5.8% against the previous year. In general, the import price, however, continues to indicate a perceptible slump. The pace of growth was the most pronounced in 2021 an increase of 30%. The import price peaked at $3,054 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for South Korea.
From 2012 to 2022, the rate of growth in terms of prices for Marshall Islands amounted to +15.8% per year.
Bigeye Tuna Exports in China
For the third consecutive year, China recorded decline in shipments abroad of bigeye tuna, which decreased by -50.5% to 2.3K tons in 2022. Over the period under review, exports continue to indicate a precipitous decline. The smallest decline of -26.5% was in 2021.
In value terms, bigeye tuna exports declined remarkably to $18M in 2022. In general, exports faced a precipitous contraction. The smallest decline of -2.4% was in 2021.
Export of Bigeye Tuna in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 40.7 | 29.3 | 30.9 | 15.4 | -27.7% |
South Korea | 6.3 | 1.1 | N/A | 2.3 | -28.5% |
Vietnam | 0.3 | 1.0 | 0.1 | 0.3 | 0.0% |
Thailand | 11.1 | 0.6 | N/A | N/A | -94.6% |
Others | 1.2 | 0.3 | 0.4 | N/A | -42.3% |
Total | 59.5 | 32.3 | 31.5 | 18.0 | -32.9% |
Top Export Markets for Bigeye Tuna from China in 2022:
- Japan (1991.0 tons)
- South Korea (259.5 tons)
- Vietnam (54.4 tons)
Bigeye Tuna Imports in China
After two years of decline, supplies from abroad of bigeye tuna increased by 440% to 335 tons in 2022. In general, imports, however, showed a abrupt decline.
In value terms, bigeye tuna imports skyrocketed to $689K in 2022. Overall, imports, however, faced a sharp setback.
Import of Bigeye Tuna in China (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 217 | 181 | 121 | 689 | 47.0% |
Sri Lanka | 312 | 155 | N/A | N/A | -50.3% |
United States | 79.0 | 38.2 | N/A | N/A | -51.6% |
Micronesia | 589 | 92.5 | N/A | N/A | -84.3% |
Taiwan (Chinese) | 306 | 49.3 | N/A | N/A | -83.9% |
Mauritius | 125 | 22.3 | N/A | N/A | -82.2% |
Others | 7.7 | 9.4 | N/A | N/A | 22.1% |
Total | 1,634 | 548 | 121 | 689 | -25.0% |
Top Suppliers of Bigeye Tuna to China in 2022:
- South Korea (335.4 tons)
This report provides an in-depth analysis of the bigeye tuna market in China. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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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