Frozen and Fresh or Chilled Southern Bluefin Tuna Market
Frozen and fresh or chilled southern bluefin tuna market: read the latest data powered by an Ai-driven business intelligence platform. Data contain trade, companies, consumption, exports, market size, production, market prices, and imports. There is a split by country, including the U.K., Africa, Russia, the Middle East, Latin America, the U.S., EU, and China. Market insights and outlook to 2030 are also provided in the dashboards.
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Frozen and Fresh or Chilled Southern Bluefin Tuna - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | Japan |
| 2 | Australia |
| 3 | New Zealand |
| 4 | Panama |
| 5 | Taiwan (Chinese) |
In value terms, Japan led the market, alone. The second position in the ranking was occupied by Australia. It was followed by New Zealand.
In Japan, the market of frozen and fresh or chilled southern bluefin tuna plunged by an average annual rate of -7.2% over the period from 2018-2020. The remaining consuming countries recorded the following average annual rates of market growth: Australia (+4.1% per year) and New Zealand (+9.1% per year).
Frozen And Fresh Or Chilled Southern Bluefin Tuna Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Australia | 11028 | 11243 | 8665 | -11.4% |
| New Zealand | 15271 | 16764 | 9223 | -22.3% |
| South Korea | 13233 | 14092 | 11412 | -7.1% |
| Tunisia | 16620 | 16227 | 16227 | -1.2% |
| Average | 11481 | 12031 | 9487 | -9.1% |
Prices varied noticeably by the country of origin; the country with the highest price was Tunisia ($16,227 per ton), while Australia ($8,665 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Tunisia, while the other global leaders experienced a decline in the export price figures.
Highest Prices - CIF - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Japan | 12307 | 12413 | 10175 | -9.1% |
| Malaysia | 2343 | 1485 | 1421 | -22.1% |
| Cote d'Ivoire | 935 | 580 | 935 | 0.0% |
| Average | 11747 | 6992 | 9615 | -9.5% |
Prices varied noticeably by the country of destination; the country with the highest price was Japan ($10,175 per ton), while Cote d'Ivoire ($935 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire, while the other global leaders experienced a decline in the import price figures.
Frozen and Fresh or Chilled Southern Bluefin Tuna - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| Japan | 140 | 143 | 111 | -11.2% |
| Malaysia | 0.08 | 0.4 | 0.8 | 212.3% |
| Cote d'Ivoire | 0.2 | 0.2 | 0.2 | 0.0% |
In value terms, Japan ($111M) constitutes the largest market for imported frozen and fresh or chilled southern bluefin tuna worldwide, comprising 94% of global imports. The second position in the ranking was occupied by Malaysia ($789K), with a 0.7% share of global imports.
From 2018 to 2020, the average annual rate of growth in terms of value in Japan amounted to -11.2%. The remaining importing countries recorded the following average annual rates of imports growth: Malaysia (+212.3% per year) and Cote d'Ivoire (0.0% per year).
Frozen and Fresh or Chilled Southern Bluefin Tuna - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| Australia | 101 | 104 | 79 | -11.6% |
| Tunisia | 8.9 | 18 | 18 | 42.4% |
| South Korea | 18 | 16 | 11 | -21.3% |
| New Zealand | 15 | 15 | 6.4 | -33.7% |
In value terms, Australia ($79M) remains the largest frozen and fresh or chilled southern bluefin tuna supplier worldwide, comprising 67% of global exports. The second position in the ranking was occupied by Tunisia ($18M), with a 16% share of global exports. It was followed by South Korea, with a 9.6% share.
From 2018 to 2020, the average annual rate of growth in terms of value in Australia amounted to -11.6%. In the other countries, the average annual rates were as follows: Tunisia (+42.4% per year) and South Korea (-21.3% per year).
Frozen and Fresh or Chilled Southern Bluefin Tuna - Market Forecast
Driven by rising demand for frozen and fresh or chilled southern bluefin tuna worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Frozen and Fresh or Chilled Southern Bluefin Tuna - Product Coverage
- HS 030236 - Fish; southern bluefin tunas (Thunnus maccoyii), fresh or chilled (excluding fillets, livers, roes and other fish meat of heading no. 0304)
- HS 030346 - Fish; southern bluefin tunas (Thunnus maccoyii), frozen, n.e.c. in item no. 0303.4 (excluding fillets, livers, roes and other fish meat of heading no. 0304)
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