India - Frozen Yellowfin Tuna - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Yellowfin Tuna Price in India - 2023
Contents:
- Frozen Yellowfin Tuna Price in India (FOB) - 2023
- Frozen Yellowfin Tuna Price in India (CIF) - 2022
- Frozen Yellowfin Tuna Exports in India
- Frozen Yellowfin Tuna Imports in India
Frozen Yellowfin Tuna Price in India (FOB) - 2023
In July 2023, the average frozen yellowfin tuna export price amounted to $2,263 per ton, reducing by -24.7% against the previous month. Overall, the export price recorded a mild decline. The most prominent rate of growth was recorded in November 2022 an increase of 35% m-o-m. Over the period under review, the average export prices hit record highs at $3,004 per ton in June 2023, and then reduced notably in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($6,885 per ton), while the average price for exports to the Philippines ($1,543 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 Tunisia (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Yellowfin Tuna Price in India (CIF) - 2022
In 2022, the average frozen yellowfin tuna import price amounted to $1,961 per ton, waning by -4.3% against the previous year. In general, the import price saw a perceptible slump. The pace of growth was the most pronounced in 2018 when the average import price increased by 32%. The import price peaked at $2,916 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($24,562 per ton), while the price for Vietnam ($829 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Seychelles (+172.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Frozen Yellowfin Tuna Exports in India
In 2022, after two years of decline, there was significant growth in shipments abroad of frozen yellowfin tuna, when their volume increased by 59% to 8.6K tons. In general, exports, however, continue to indicate a deep reduction.
In value terms, frozen yellowfin tuna exports skyrocketed to $19M in 2022. Overall, exports, however, showed a abrupt setback.
| Export of Frozen Yellowfin Tuna in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 5.8 | 1.9 | 2.3 | 6.0 | 1.1% |
| Tunisia | 2.8 | 4.9 | 0.9 | 3.1 | 3.5% |
| Iran | 2.2 | 3.9 | 0.2 | 2.1 | -1.5% |
| Thailand | 3.5 | 1.3 | 0.2 | 1.5 | -24.6% |
| Sri Lanka | 2.3 | 0.5 | 0.6 | 1.4 | -15.3% |
| Italy | 1.3 | 1.0 | 0.2 | 0.8 | -14.9% |
| Portugal | 1.9 | 0.7 | N/A | 0.8 | -25.0% |
| China | 0.8 | 0.2 | 0.4 | 0.8 | 0.0% |
| Spain | 4.8 | 0.6 | 0.1 | 0.1 | -72.5% |
| Fiji | 1.8 | N/A | N/A | N/A | 0% |
| Others | 2.8 | 2.6 | 4.2 | 2.5 | -3.7% |
| Total | 29.9 | 17.6 | 9.1 | 19.2 | -13.7% |
Top Export Markets for Frozen Yellowfin Tuna from India in 2022:
- Vietnam (2503.0 tons)
- Tunisia (2004.1 tons)
- Iran (1002.3 tons)
- Sri Lanka (787.9 tons)
- Thailand (675.5 tons)
- China (268.7 tons)
- Italy (253.7 tons)
- Portugal (244.7 tons)
- Spain (47.3 tons)
Frozen Yellowfin Tuna Imports in India
In 2022, imports of frozen yellowfin tuna into India skyrocketed to 143 tons, rising by 25% on 2021. Over the period under review, imports saw a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 178%. As a result, imports reached the peak of 176 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, frozen yellowfin tuna imports soared to $280K in 2022. Overall, imports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 175%. As a result, imports reached the peak of $325K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Frozen Yellowfin Tuna in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 55.4 | 19.2 | 89.3 | 116 | 27.9% |
| Vietnam | 19.4 | 37.3 | 91.5 | 96.3 | 70.6% |
| Singapore | 10.4 | 18.2 | 53.4 | 67.1 | 86.2% |
| Spain | N/A | 196 | N/A | N/A | 0% |
| Seychelles | 33.1 | 54.0 | N/A | N/A | 63.1% |
| Others | N/A | 0.6 | N/A | N/A | 0% |
| Total | 118 | 325 | 234 | 280 | 33.4% |
Top Suppliers of Frozen Yellowfin Tuna to India in 2022:
- Vietnam (116.1 tons)
- Singapore (21.8 tons)
- Japan (4.7 tons)
This report provides an in-depth analysis of the frozen yellowfin tuna market in India. 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:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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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