Japan - Frozen Skipjack Tuna - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Skipjack Tuna Price in Japan - 2023
Contents:
- Frozen Skipjack Tuna Price in Japan (FOB) - 2023
- Frozen Skipjack Tuna Price in Japan (CIF) - 2023
- Frozen Skipjack Tuna Exports in Japan
- Frozen Skipjack Tuna Imports in Japan
Frozen Skipjack Tuna Price in Japan (FOB) - 2023
The average frozen skipjack tuna export price stood at $1,871 per ton in July 2023, stabilizing at the previous month. Over the last twelve months, it increased at an average monthly rate of +1.5%. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 21% against the previous month. As a result, the export price reached the peak level of $2,167 per ton. From March 2023 to July 2023, the the average export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In July 2023, the country with the highest price was the Philippines ($2,279 per ton), while the average price for exports to Thailand ($1,850 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Skipjack Tuna Price in Japan (CIF) - 2023
The average frozen skipjack tuna import price stood at $1,774 per ton in July 2023, increasing by 2.7% against the previous month. Over the period under review, the import price recorded a modest expansion. The pace of growth was the most pronounced in November 2022 when the average import price increased by 8.2% against the previous month. The import price peaked at $1,774 per ton in April 2023; afterwards, it flattened through to July 2023.
Average prices varied somewhat amongst the major supplying countries. In July 2023, the country with the highest price was Indonesia ($1,801 per ton), while the price for Thailand ($1,256 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Brunei Darussalam (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Skipjack Tuna Exports in Japan
In 2022, after three years of growth, there was significant decline in overseas shipments of frozen skipjack tuna, when their volume decreased by -66.5% to 13K tons. In general, exports saw a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 56% against the previous year. As a result, the exports attained the peak of 39K tons, and then fell remarkably in the following year.
In value terms, frozen skipjack tuna exports shrank sharply to $22M in 2022. Over the period under review, exports continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 53%. As a result, the exports attained the peak of $53M, and then declined sharply in the following year.
| Export of Frozen Skipjack Tuna in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 25.0 | 25.0 | 41.5 | 9.9 | -26.6% |
| Indonesia | 1.3 | 5.3 | 6.3 | 6.1 | 67.4% |
| Philippines | 2.7 | 3.2 | 4.1 | 4.8 | 21.1% |
| Vietnam | 1.1 | 0.5 | 0.3 | 1.1 | 0.0% |
| Others | 0.6 | 0.3 | 0.3 | 0.1 | -45.0% |
| Total | 30.8 | 34.4 | 52.5 | 22.0 | -10.6% |
Top Export Markets for Frozen Skipjack Tuna from Japan in 2022:
- Thailand (6.2K tons)
- Indonesia (3.7K tons)
- Philippines (2.5K tons)
- Vietnam (0.7K tons)
Frozen Skipjack Tuna Imports in Japan
After two years of decline, overseas purchases of frozen skipjack tuna increased by 4.5% to 25K tons in 2022. Overall, imports, however, showed a abrupt shrinkage.
In value terms, frozen skipjack tuna imports soared to $41M in 2022. Over the period under review, imports, however, continue to indicate a abrupt setback.
| Import of Frozen Skipjack Tuna in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 43.1 | 32.4 | 23.3 | 35.1 | -6.6% |
| Marshall Islands | N/A | N/A | 4.2 | 2.1 | -50.0% |
| Maldives | 0.1 | 0.1 | 2.9 | 0.9 | 108.0% |
| Brunei Darussalam | 0.7 | 0.4 | 0.5 | 0.6 | -5.0% |
| Micronesia | 2.3 | 1.7 | 1.6 | 0.3 | -49.3% |
| Belize | 1.3 | 1.7 | 0.1 | 0.1 | -57.5% |
| Others | 1.6 | 3.4 | 1.1 | 1.7 | 2.0% |
| Total | 49.1 | 39.9 | 33.7 | 40.8 | -6.0% |
Top Suppliers of Frozen Skipjack Tuna to Japan in 2022:
- Belize (undefinedK tons)
- Indonesia (21.1K tons)
- Marshall Islands (1.5K tons)
- Maldives (0.5K tons)
- Brunei Darussalam (0.4K tons)
- Micronesia (0.2K tons)
This report provides an in-depth analysis of the frozen skipjack tuna market in Japan. 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:
- Japan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Japan
- 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
-
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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