Australia - Frozen Yellowfin Tuna - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Yellowfin Tuna Price in Australia - 2022
Contents:
- Frozen Yellowfin Tuna Price in Australia (CIF) - 2022
- Frozen Yellowfin Tuna Price in Australia (FOB) - 2022
- Frozen Yellowfin Tuna Imports in Australia
- Frozen Yellowfin Tuna Exports in Australia
Frozen Yellowfin Tuna Price in Australia (CIF) - 2022
The average frozen yellowfin tuna import price stood at $3,282 per ton in 2022, declining by -21.3% against the previous year. Over the period under review, the import price showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 an increase of 47% against the previous year. The import price peaked at $10,635 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Kiribati ($9,058 per ton), while the price for the United States ($1,612 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Fiji (+4.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Frozen Yellowfin Tuna Price in Australia (FOB) - 2022
The average frozen yellowfin tuna export price stood at $3,422 per ton in 2022, rising by 13% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average export price increased by 65%. As a result, the export price attained the peak level of $4,561 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($5,026 per ton), while the average price for exports to Vietnam ($236 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+4.2%), while the prices for the other major destinations experienced a decline.
Frozen Yellowfin Tuna Imports in Australia
In 2022, purchases abroad of frozen yellowfin tuna increased by 187% to 13 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a significant contraction.
In value terms, frozen yellowfin tuna imports skyrocketed to $43K in 2022. In general, imports, however, recorded a sharp decrease.
| Import of Frozen Yellowfin Tuna in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 62.8 | 17.4 | 2.0 | 11.1 | -43.9% |
| Vietnam | 31.4 | 17.0 | 5.0 | 10.9 | -29.7% |
| United States | 24.7 | 10.6 | 3.0 | 6.2 | -36.9% |
| Philippines | 24.1 | 10.1 | 2.8 | 5.7 | -38.2% |
| Sri Lanka | 7.8 | 4.2 | 1.8 | 3.9 | -20.6% |
| Kiribati | 11.4 | 1.7 | 1.5 | 3.3 | -33.8% |
| Fiji | 8.6 | 3.8 | 1.1 | 2.3 | -35.6% |
| Others | 6.2 | 2.6 | 2.0 | N/A | -43.2% |
| Total | 177 | 67.5 | 19.2 | 43.3 | -37.5% |
Top Suppliers of Frozen Yellowfin Tuna to Australia in 2022:
- Vietnam (5.3 tons)
- United States (3.8 tons)
- Indonesia (1.5 tons)
- Philippines (1.0 tons)
- Sri Lanka (0.8 tons)
- Fiji (0.5 tons)
- Kiribati (0.4 tons)
Frozen Yellowfin Tuna Exports in Australia
In 2022, after two years of decline, there was significant growth in overseas shipments of frozen yellowfin tuna, when their volume increased by 47% to 10 tons. Over the period under review, exports, however, recorded a sharp setback.
In value terms, frozen yellowfin tuna exports surged to $35K in 2022. Overall, exports, however, recorded a sharp curtailment.
| Export of Frozen Yellowfin Tuna in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 41.3 | 29.6 | 12.2 | 21.0 | -20.2% |
| Spain | 9.9 | 7.5 | 3.1 | 5.3 | -18.8% |
| Japan | 16.8 | 6.9 | 2.8 | 4.7 | -34.6% |
| Vietnam | 0.7 | 0.2 | 0.1 | 0.1 | -47.7% |
| Others | 8.8 | 5.1 | 3.0 | 4.1 | -22.5% |
| Total | 77.4 | 49.3 | 21.2 | 35.2 | -23.1% |
Top Export Markets for Frozen Yellowfin Tuna from Australia in 2022:
- Thailand (6.9 tons)
- Spain (1.9 tons)
- Japan (0.9 tons)
- Vietnam (0.4 tons)
This report provides an in-depth analysis of the frozen yellowfin tuna market in Australia. 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:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- 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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