Vietnam - Bigeye Tuna - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBigeye Tuna Price in Vietnam - 2021
Contents:
- Bigeye Tuna Price in Vietnam (CIF) - 2022
- Bigeye Tuna Price in Vietnam (FOB) - 2022
- Bigeye Tuna Imports in Vietnam
- Bigeye Tuna Exports in Vietnam
Bigeye Tuna Price in Vietnam (CIF) - 2022
In 2022, the average bigeye tuna import price amounted to $1,961 per ton, picking up by 3.2% against the previous year. Overall, the import price, however, continues to indicate a deep setback. The pace of growth appeared the most rapid in 2015 when the average import price increased by 18% against the previous year. Over the period under review, average import prices reached the peak figure at $5,059 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Indonesia ($1,960 per ton) and Taiwan (Chinese) ($1,960 per ton), while the price for South Korea ($1,960 per ton) and the United States ($1,960 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+2.8%), while the prices for the other major suppliers experienced a decline.
Bigeye Tuna Price in Vietnam (FOB) - 2022
In 2022, the average bigeye tuna export price amounted to $1,456 per ton, remaining stable against the previous year. Overall, the export price, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2014 an increase of 99%. Over the period under review, the average export prices attained the peak figure at $3,383 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1,459 per ton), while the average price for exports to Australia amounted to $1,450 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+4.1%), while the prices for the other major destinations experienced mixed trend patterns.
Bigeye Tuna Imports in Vietnam
In 2022, the amount of bigeye tuna imported into Vietnam dropped dramatically to 2.6K tons, waning by -20.4% compared with the year before. Over the period under review, total imports indicated a moderate expansion from 2019 to 2022: its volume increased at an average annual rate of +2.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +34.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 69% against the previous year. As a result, imports reached the peak of 3.3K tons, and then declined sharply in the following year.
In value terms, bigeye tuna imports shrank notably to $5.1M in 2022. In general, total imports indicated a measured expansion from 2019 to 2022: its value increased at an average annual rate of +4.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +27.8% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 56%. As a result, imports attained the peak of $6.2M, and then contracted markedly in the following year.
Import of Bigeye Tuna in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Taiwan (Chinese) | 1,773 | 1,808 | 3,388 | 2,908 | 17.9% |
South Korea | 342 | 559 | 1,002 | 860 | 36.0% |
Indonesia | 1,104 | 286 | 730 | 627 | -17.2% |
Sri Lanka | 236 | 445 | 400 | 343 | 13.3% |
United States | 396 | 11.0 | 335 | 287 | -10.2% |
Ghana | 437 | 304 | N/A | N/A | -30.4% |
Others | 260 | 593 | 378 | 94.4 | -28.7% |
Total | 4,549 | 4,007 | 6,233 | 5,120 | 4.0% |
Top Suppliers of Bigeye Tuna to Vietnam in 2022:
- Taiwan (Chinese) (1484.0 tons)
- South Korea (438.8 tons)
- Indonesia (319.9 tons)
- Sri Lanka (175.0 tons)
- United States (146.6 tons)
Bigeye Tuna Exports in Vietnam
In 2022, exports of bigeye tuna from Vietnam dropped to 53 tons, stabilizing at the previous year's figure. In general, exports recorded a dramatic slump. The most prominent rate of growth was recorded in 2021 when exports increased by 2.2% against the previous year.
In value terms, bigeye tuna exports fell modestly to $77K in 2022. Over the period under review, exports saw a abrupt decrease. The pace of growth was the most pronounced in 2021 when exports increased by 2%.
Export of Bigeye Tuna in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 43.1 | 34.1 | 0.9 | 54.1 | 7.9% |
Australia | 15.1 | 21.4 | 0.3 | 22.9 | 14.9% |
South Korea | 75.2 | N/A | N/A | N/A | 0% |
Thailand | N/A | 20.7 | 75.7 | N/A | 265.7% |
Canada | 16.8 | N/A | 0.9 | N/A | -76.9% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 150 | 76.2 | 77.8 | 77.0 | -19.9% |
Top Export Markets for Bigeye Tuna from Vietnam in 2022:
- United States (37.1 tons)
- Australia (15.8 tons)
This report provides an in-depth analysis of the bigeye tuna market in Vietnam. 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:
- Vietnam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Vietnam
- 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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