Indonesia - Frozen Yellowfin Tuna - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Yellowfin Tuna Price in Indonesia - 2022
Contents:
- Frozen Yellowfin Tuna Price in Indonesia (FOB) - 2022
- Frozen Yellowfin Tuna Price in Indonesia (CIF) - 2022
- Frozen Yellowfin Tuna Exports in Indonesia
- Frozen Yellowfin Tuna Imports in Indonesia
Frozen Yellowfin Tuna Price in Indonesia (FOB) - 2022
The average frozen yellowfin tuna export price stood at $3,754 per ton in March 2022, declining by -18.5% against the previous month. Overall, export price indicated tangible growth from March 2021 to March 2022: its price increased at an average monthly rate of +3.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2022 figures, frozen yellowfin tuna export price decreased by -18.5% against February 2022 indices. The most prominent rate of growth was recorded in January 2022 an increase of 24% m-o-m. The export price peaked at $4,604 per ton in February 2022, and then shrank sharply in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($13,538 per ton), while the average price for exports to Thailand ($2,434 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Yellowfin Tuna Price in Indonesia (CIF) - 2022
In March 2022, the average frozen yellowfin tuna import price amounted to $1,721 per ton, dropping by -11.7% against the previous month. In general, import price indicated modest growth from March 2021 to March 2022: its price increased at an average monthly rate of +1.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2022 figures, frozen yellowfin tuna import price decreased by -11.7% against February 2022 indices. The growth pace was the most rapid in August 2021 when the average import price increased by 53% against the previous month. As a result, import price reached the peak level of $2,782 per ton. From September 2021 to March 2022, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In March 2022, the country with the highest price was Solomon Islands ($1,761 per ton), while the price for Seychelles stood at $1,637 per ton.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Japan (+38.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Yellowfin Tuna Exports in Indonesia
In 2022, shipments abroad of frozen yellowfin tuna decreased by -57.2% to 10K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, saw slight growth. The pace of growth was the most pronounced in 2020 with an increase of 87%.
In value terms, frozen yellowfin tuna exports shrank notably to $51M in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +17.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.8% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 43% against the previous year.
| Export of Frozen Yellowfin Tuna in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 6.0 | 9.5 | 23.9 | 20.5 | 50.6% |
| Thailand | 12.2 | 11.7 | 16.2 | 13.9 | 4.4% |
| United States | 9.7 | 10.2 | 7.6 | 7.4 | -8.6% |
| Spain | 0.7 | 4.1 | 3.9 | 3.4 | 69.4% |
| Philippines | 0.1 | 5.6 | 2.3 | 2.2 | 180.2% |
| Mexico | 1.1 | 0.8 | 1.9 | 1.6 | 13.3% |
| Others | 1.9 | 3.6 | 7.9 | 2.3 | 6.6% |
| Total | 31.7 | 45.5 | 63.7 | 51.4 | 17.5% |
Top Export Markets for Frozen Yellowfin Tuna from Indonesia in 2022:
- Thailand (3.9K tons)
- Vietnam (3.7K tons)
- Spain (0.8K tons)
- Philippines (0.7K tons)
- Mexico (0.5K tons)
- United States (0.4K tons)
Frozen Yellowfin Tuna Imports in Indonesia
In 2022, imports of frozen yellowfin tuna into Indonesia surged to 4.8K tons, rising by 45% against the year before. Overall, imports, however, recorded a abrupt setback.
In value terms, frozen yellowfin tuna imports skyrocketed to $8.5M in 2022. In general, imports, however, continue to indicate a abrupt slump.
| Import of Frozen Yellowfin Tuna in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.4 | 6.8 | 1.1 | 2.6 | -8.6% |
| Seychelles | 2.5 | 3.4 | 0.9 | 1.6 | -13.8% |
| Philippines | 1.0 | 1.0 | 1.4 | 1.6 | 17.0% |
| Spain | 1.9 | 0.1 | 0.7 | 0.8 | -25.0% |
| Malaysia | 1.3 | 0.7 | 0.5 | 0.6 | -22.7% |
| Japan | 0.5 | 1.4 | 0.1 | 0.4 | -7.2% |
| Senegal | 0.1 | 0.4 | 0.3 | 0.3 | 44.2% |
| Others | 2.0 | 3.1 | 1.0 | 0.4 | -41.5% |
| Total | 12.8 | 16.8 | 5.9 | 8.5 | -12.8% |
Top Suppliers of Frozen Yellowfin Tuna to Indonesia in 2022:
- China (1592.2 tons)
- Seychelles (1049.6 tons)
- Philippines (787.2 tons)
- Spain (463.1 tons)
- Malaysia (242.2 tons)
- Japan (238.2 tons)
- Senegal (193.1 tons)
This report provides an in-depth analysis of the frozen yellowfin tuna market in Indonesia. 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:
- Indonesia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Indonesia
- 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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