Frozen and Fresh or Chilled Skipjack Tuna Market

Frozen and fresh or chilled skipjack tuna market: download the latest facts and figures empowered by an Ai-driven business intelligence tool. Data include production, companies, exports, market size, trade, imports, market prices, and consumption. Here is a split by region, including EU, the U.K., Africa, Latin America, China, the Middle East, the U.S., and Russia. Market insights and forecast to 2030 are also provided in the snapshots.


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Frozen and Fresh or Chilled Skipjack Tuna - World's Largest Markets

RatingCountry
1Thailand
2Taiwan (Chinese)
3Philippines
4Papua New Guinea
5Micronesia

In value terms, Thailand led the market, alone. The second position in the ranking was occupied by Taiwan (Chinese). It was followed by the Philippines.

In Thailand, the market of frozen and fresh or chilled skipjack tuna increased at an average annual rate of +33.3% over the period from 2018-2020. In the other countries, the average annual rates were as follows: Taiwan (Chinese) (-9.9% per year) and the Philippines (+47.4% per year).

Frozen And Fresh Or Chilled Skipjack Tuna Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Panama140610991173-8.7%
Guinea295332321230-35.5%
Guatemala140012231261-5.1%
Japan155014641297-8.5%
South Korea132413401304-0.8%
Micronesia138214021306-2.8%
Indonesia1381139113910.4%
China143013521407-0.8%
New Zealand1434151514590.9%
Peru545246151766.8%
Papua New Guinea940880163732.0%
India13871236181914.5%
Average1327129413571.1%

Prices varied noticeably by the country of origin; the country with the highest price was India ($1,819 per ton), while Panama ($1,173 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Peru (+66.8% per year), while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Vietnam1423147314751.8%
Mauritius1269129514466.7%
Turkey1235116114137.0%
Thailand144312881380-2.2%
Philippines162314991355-8.6%
Indonesia133212961296-1.4%
Ecuador122012021198-0.9%
Seychelles145112241163-10.5%
Average139812921366-1.1%

Average prices varied somewhat amongst the major importing countries. In 2020, major importing countries recorded the following prices: in Vietnam ($1,475 per ton) and Mauritius ($1,446 per ton), while Seychelles ($1,163 per ton) and Ecuador ($1,198 per ton) were amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Turkey, while the other global leaders experienced more modest paces of growth.

Frozen and Fresh or Chilled Skipjack Tuna - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
Thailand0.50.40.832.5%
Philippines0.070.040.143.5%
Mauritius0.040.040.0834.0%
Seychelles0.030.030.0534.5%
Vietnam0.050.040.04-12.4%

In value terms, Thailand ($832M) constitutes the largest market for imported frozen and fresh or chilled skipjack tuna worldwide, comprising 62% of global imports. The second position in the ranking was occupied by the Philippines ($150M), with a 11% share of global imports. It was followed by Mauritius, with a 5.9% share.

In Thailand, imports of frozen and fresh or chilled skipjack tuna expanded at an average annual rate of +32.5% over the period from 2018-2020. The remaining importing countries recorded the following average annual rates of imports growth: the Philippines (+43.5% per year) and Mauritius (+34.0% per year).

Frozen and Fresh or Chilled Skipjack Tuna - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
million USD
South Korea139115104-13.4%
Indonesia6570703.8%
Japan50396916.7%
China26503616.3%
India279.623-7.0%

In value terms, South Korea ($104M), Indonesia ($70M) and Japan ($69M) constituted the countries with the highest levels of exports in 2020, with a combined 55% share of global exports. China, India, Peru, Panama, Papua New Guinea, Micronesia, Guinea, New Zealand and Guatemala lagged somewhat behind, together accounting for a further 34%.

Among the main exporting countries, Peru (+452.0% per year) recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Frozen and Fresh or Chilled Skipjack Tuna - Market Forecast

The market for frozen and fresh or chilled skipjack tuna is expected to start a downward consumption trend over the next decade. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -2.4% for the ten-year period from 2020 to 2030, which is projected to depress the market volume to by the end of 2030.

Frozen and Fresh or Chilled Skipjack Tuna - Product Coverage

  • HS 030233 - Fish; skipjack or stripe-bellied bonito, fresh or chilled (excluding fillets, livers, roes and other fish meat of heading no. 0304)
  • HS 030343 - Fish; skipjack or stripe-bellied bonito, frozen (excluding fillets, livers, roes and other fish meat of heading no. 0304)
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