Italy - Frozen Yellowfin Tuna - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Yellowfin Tuna Price in Italy - 2023
Contents:
- Frozen Yellowfin Tuna Price in Italy (CIF) - 2023
- Frozen Yellowfin Tuna Price in Italy (FOB) - 2022
- Frozen Yellowfin Tuna Imports in Italy
- Frozen Yellowfin Tuna Exports in Italy
Frozen Yellowfin Tuna Price in Italy (CIF) - 2023
In June 2023, the average frozen yellowfin tuna import price amounted to $4,679 per ton, with an increase of 17% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 38% against the previous month. Over the period under review, average import prices attained the maximum at $5,491 per ton in February 2023; however, from March 2023 to June 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Mauritius ($14,626 per ton), while the price for France ($2,995 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Mauritius (+20.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Yellowfin Tuna Price in Italy (FOB) - 2022
In 2022, the average frozen yellowfin tuna export price amounted to $12,628 per ton, increasing by 22% against the previous year. Over the period under review, the export price recorded strong growth. The growth pace was the most rapid in 2017 when the average export price increased by 76%. The export price peaked at $13,116 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($21,435 per ton), while the average price for exports to Romania ($6,232 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 Germany (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Yellowfin Tuna Imports in Italy
In 2022, supplies from abroad of frozen yellowfin tuna decreased by -5.9% to 29K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a perceptible decline. The most prominent rate of growth was recorded in 2020 with an increase of 1.7%. As a result, imports reached the peak of 33K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, frozen yellowfin tuna imports rose rapidly to $114M in 2022. The total import value increased at an average annual rate of +2.5% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Frozen Yellowfin Tuna in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 26.1 | 12.7 | 34.9 | 33.7 | 8.9% |
Philippines | 12.6 | 39.9 | 6.1 | 18.7 | 14.1% |
Vietnam | 16.6 | 15.8 | 17.7 | 17.1 | 1.0% |
France | 13.7 | 4.6 | 7.9 | 8.4 | -15.0% |
Seychelles | 1.8 | 1.4 | 8.5 | 8.2 | 65.8% |
Thailand | 8.0 | 6.2 | 5.9 | 6.4 | -7.2% |
Papua New Guinea | 1.0 | 10.0 | 2.5 | 4.3 | 62.6% |
Mauritius | 6.1 | 1.5 | 3.5 | 3.5 | -16.9% |
South Korea | N/A | 4.1 | 6.3 | N/A | 53.7% |
Others | 19.7 | 10.4 | 13.4 | 13.5 | -11.8% |
Total | 106 | 107 | 107 | 114 | 2.5% |
Top Suppliers of Frozen Yellowfin Tuna to Italy in 2022:
- Spain (6.6K tons)
- Philippines (6.1K tons)
- Vietnam (3.3K tons)
- France (2.8K tons)
- Seychelles (2.7K tons)
- Papua New Guinea (1.4K tons)
- Mauritius (1.2K tons)
- Thailand (1.2K tons)
Frozen Yellowfin Tuna Exports in Italy
After three years of growth, shipments abroad of frozen yellowfin tuna decreased by -78.2% to 30 tons in 2022. Over the period under review, exports recorded a dramatic setback. The pace of growth was the most pronounced in 2020 with an increase of 35%.
In value terms, frozen yellowfin tuna exports shrank rapidly to $379K in 2022. In general, exports showed a abrupt contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 60%.
Export of Frozen Yellowfin Tuna in Italy (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Austria | 92.9 | 144 | 323 | 120 | 8.9% |
Romania | 36.9 | 148 | 207 | 76.9 | 27.7% |
Hungary | 76.0 | 28.1 | 104 | 38.5 | -20.3% |
France | 18.3 | 147 | 16.6 | 31.4 | 19.7% |
Germany | 55.5 | 43.9 | 68.8 | 26.2 | -22.1% |
Czech Republic | 32.1 | 21.6 | 60.5 | 22.5 | -11.2% |
Malta | 20.4 | 62.3 | 0.1 | 14.8 | -10.1% |
Spain | N/A | 212 | N/A | N/A | 0% |
Vietnam | N/A | 82.3 | N/A | N/A | 0% |
Senegal | 148 | N/A | N/A | N/A | 0% |
Netherlands | N/A | N/A | 509 | N/A | 0% |
Others | 101 | 39.4 | 135 | 48.9 | -21.5% |
Total | 582 | 929 | 1,424 | 379 | -13.3% |
Top Export Markets for Frozen Yellowfin Tuna from Italy in 2022:
- Romania (12.3 tons)
- Austria (5.6 tons)
- Hungary (2.7 tons)
- France (2.5 tons)
- Germany (1.7 tons)
- Malta (1.4 tons)
- Czech Republic (1.3 tons)
This report provides an in-depth analysis of the frozen yellowfin tuna market in Italy. 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:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- 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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