Hong Kong SAR, China - Frozen Yellowfin Tuna - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Yellowfin Tuna Price in Hong Kong SAR - 2023
Contents:
- Frozen Yellowfin Tuna Price in Hong Kong SAR (CIF) - 2023
- Frozen Yellowfin Tuna Price in Hong Kong SAR (FOB) - 2022
- Frozen Yellowfin Tuna Imports in Hong Kong SAR
- Frozen Yellowfin Tuna Exports in Hong Kong SAR
Frozen Yellowfin Tuna Price in Hong Kong SAR (CIF) - 2023
The average frozen yellowfin tuna import price stood at $30,117 per ton in June 2023, rising by 2.6% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.7%. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 37% month-to-month. The import price peaked at $32,512 per ton in November 2022; however, from December 2022 to June 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($30,564 per ton), while the price for Indonesia totaled $10,982 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Japan (+1.1%).
Frozen Yellowfin Tuna Price in Hong Kong SAR (FOB) - 2022
In 2022, the average frozen yellowfin tuna export price amounted to $9,120 per ton, declining by -22% against the previous year. Over the period under review, the export price, however, showed a measured increase. The most prominent rate of growth was recorded in 2019 an increase of 142% against the previous year. Over the period under review, the average export prices reached the peak figure at $12,242 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Macao SAR.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -1.7% per year.
Frozen Yellowfin Tuna Imports in Hong Kong SAR
For the fourth consecutive year, Hong Kong SAR recorded growth in supplies from abroad of frozen yellowfin tuna, which increased by 15% to 203 tons in 2022. Over the period under review, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 70% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, frozen yellowfin tuna imports rose notably to $5.6M in 2022. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 145%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Frozen Yellowfin Tuna in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 0.6 | 1.6 | 4.8 | 5.1 | 104.1% |
| Indonesia | 0.6 | 0.4 | 0.3 | 0.5 | -5.9% |
| Solomon Islands | N/A | N/A | N/A | N/A | 0% |
| Taiwan (Chinese) | 0.1 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.3 | 2.1 | 5.1 | 5.6 | 62.7% |
Top Suppliers of Frozen Yellowfin Tuna to Hong Kong SAR in 2022:
- Japan (156.1 tons)
- Indonesia (44.1 tons)
- Taiwan (Chinese) (3.1 tons)
Frozen Yellowfin Tuna Exports in Hong Kong SAR
Frozen yellowfin tuna exports from Hong Kong SAR declined significantly to 1.4 tons in 2022, with a decrease of -49.1% against the year before. In general, exports faced a sharp contraction. The pace of growth appeared the most rapid in 2021 with an increase of 101% against the previous year.
In value terms, frozen yellowfin tuna exports fell significantly to $13K in 2022. Overall, exports continue to indicate a dramatic descent. The most prominent rate of growth was recorded in 2021 with an increase of 137% against the previous year.
| Export of Frozen Yellowfin Tuna in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Macao SAR | 106 | 13.7 | 32.5 | 12.9 | -50.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 106 | 13.7 | 32.5 | 12.9 | -50.4% |
Top Export Markets for Frozen Yellowfin Tuna from Hong Kong SAR in 2022:
- Macao SAR (1.4 tons)
This report provides an in-depth analysis of the frozen yellowfin tuna market in Hong Kong SAR, China. 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:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- 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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