Spain - Frozen Skipjack Tuna - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Skipjack Tuna Price in Spain - 2023
Contents:
- Frozen Skipjack Tuna Price in Spain (FOB) - 2023
- Frozen Skipjack Tuna Price in Spain (CIF) - 2023
- Frozen Skipjack Tuna Exports in Spain
- Frozen Skipjack Tuna Imports in Spain
Frozen Skipjack Tuna Price in Spain (FOB) - 2023
The average frozen skipjack tuna export price stood at $1,765 per ton in June 2023, waning by -3.6% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.7%. The pace of growth was the most pronounced in November 2022 an increase of 20% against the previous month. The export price peaked at $1,835 per ton in April 2023; afterwards, it flattened through to June 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Portugal ($2,117 per ton), while the average price for exports to the Philippines ($1,321 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Skipjack Tuna Price in Spain (CIF) - 2023
The average frozen skipjack tuna import price stood at $2,044 per ton in June 2023, leveling off at the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.5%. The growth pace was the most rapid in May 2023 when the average import price increased by 12% against the previous month. The import price peaked in June 2023.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the countries with the highest prices were Senegal ($2,250 per ton) and Seychelles ($2,210 per ton), while the price for Panama ($1,862 per ton) and Guatemala ($2,015 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Oman (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Skipjack Tuna Exports in Spain
In 2022, the amount of frozen skipjack tuna exported from Spain rose slightly to 132K tons, surging by 4% compared with the year before. Overall, exports, however, recorded a pronounced setback. The growth pace was the most rapid in 2021 when exports increased by 5.3% against the previous year.
In value terms, frozen skipjack tuna exports soared to $219M in 2022. The total export value increased at an average annual rate of +5.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Frozen Skipjack Tuna in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 63.8 | 32.5 | 56.9 | 53.0 | -6.0% |
| Portugal | 19.5 | 20.1 | 24.0 | 31.1 | 16.8% |
| Mauritius | 27.3 | 20.6 | 19.2 | 28.4 | 1.3% |
| Thailand | 3.9 | 6.7 | 3.9 | 21.6 | 76.9% |
| Morocco | 10.9 | 14.9 | 20.3 | 12.5 | 4.7% |
| Seychelles | 7.8 | 16.3 | 13.4 | 12.3 | 16.4% |
| Turkey | 11.1 | 6.7 | 10.0 | 11.8 | 2.1% |
| Peru | 3.4 | 2.6 | 1.5 | 11.2 | 48.8% |
| Mexico | 7.6 | 5.3 | N/A | 2.5 | -31.0% |
| Others | 34.4 | 25.7 | 23.9 | 34.9 | 0.5% |
| Total | 190 | 152 | 173 | 219 | 4.8% |
Top Export Markets for Frozen Skipjack Tuna from Spain in 2022:
- Ecuador (32.1K tons)
- Mauritius (19.3K tons)
- Portugal (14.3K tons)
- Thailand (13.1K tons)
- Seychelles (9.0K tons)
- Turkey (7.6K tons)
- Morocco (7.3K tons)
- Peru (7.2K tons)
- Mexico (1.5K tons)
Frozen Skipjack Tuna Imports in Spain
In 2022, the amount of frozen skipjack tuna imported into Spain dropped dramatically to 28K tons, which is down by -36% on the previous year's figure. Overall, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 11%.
In value terms, frozen skipjack tuna imports fell rapidly to $49M in 2022. In general, imports saw a deep reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 34%. As a result, imports reached the peak of $65M, and then declined markedly in the following year.
| Import of Frozen Skipjack Tuna in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Seychelles | 7.9 | 8.1 | 13.9 | 13.3 | 19.0% |
| El Salvador | 10.6 | 5.3 | 10.3 | 9.6 | -3.2% |
| Guatemala | 7.9 | 7.9 | 7.8 | 8.0 | 0.4% |
| Senegal | 4.3 | 3.7 | 3.5 | 3.8 | -4.0% |
| Belize | 2.8 | 3.4 | 3.4 | 2.9 | 1.2% |
| Panama | 2.2 | 1.5 | 4.2 | 2.4 | 2.9% |
| France | 6.9 | 3.7 | 3.3 | 2.1 | -32.7% |
| Curacao | 8.7 | 4.5 | 5.5 | 1.2 | -48.3% |
| Cabo Verde | 5.2 | 6.0 | 1.5 | N/A | -46.3% |
| Others | 5.1 | 4.4 | 11.5 | 6.0 | 5.6% |
| Total | 61.6 | 48.6 | 64.9 | 49.4 | -7.1% |
Top Suppliers of Frozen Skipjack Tuna to Spain in 2022:
- Seychelles (6.9K tons)
- El Salvador (5.6K tons)
- Guatemala (4.7K tons)
- Senegal (2.1K tons)
- Belize (1.8K tons)
- Panama (1.4K tons)
- France (1.2K tons)
- Curacao (0.8K tons)
This report provides an in-depth analysis of the frozen skipjack tuna market in Spain. 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:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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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