Japan - Frozen Yellowfin Tuna - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Japan - Frozen Yellowfin Tuna - Market Analysis, Forecast, Size, Trends And Insights

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Frozen Yellowfin Tuna Price in Japan - 2023

Contents:

  1. Frozen Yellowfin Tuna Price in Japan (CIF) - 2023
  2. Frozen Yellowfin Tuna Price in Japan (FOB) - 2022
  3. Frozen Yellowfin Tuna Imports in Japan
  4. Frozen Yellowfin Tuna Exports in Japan

Frozen Yellowfin Tuna Price in Japan (CIF) - 2023

The average frozen yellowfin tuna import price stood at $3,885 per ton in July 2023, remaining relatively unchanged against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 13% month-to-month. As a result, import price attained the peak level of $4,721 per ton. From November 2022 to July 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Taiwan (Chinese) ($4,261 per ton), while the price for Papua New Guinea ($2,328 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Tuvalu (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Frozen Yellowfin Tuna Price in Japan (FOB) - 2022

The average frozen yellowfin tuna export price stood at $1,903 per ton in 2022, growing by 12% against the previous year. In general, the export price, however, saw a slight curtailment. The export price peaked at $2,303 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Vietnam ($2,325 per ton) and Indonesia ($1,909 per ton), while the average price for exports to Thailand ($1,787 per ton) and the Philippines ($1,799 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+2.8%), while the prices for the other major destinations experienced mixed trend patterns.

Frozen Yellowfin Tuna Imports in Japan

After two years of decline, purchases abroad of frozen yellowfin tuna increased by 2.9% to 41K tons in 2022. Over the period under review, imports, however, recorded a noticeable decline.

In value terms, frozen yellowfin tuna imports expanded notably to $195M in 2022. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 8.5%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

Import of Frozen Yellowfin Tuna in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)77.161.482.183.62.7%
Seychelles36.937.729.134.6-2.1%
China30.634.224.629.8-0.9%
South Korea10.412.215.615.915.2%
Vanuatu7.16.16.06.4-3.4%
Micronesia2.61.14.24.217.3%
Marshall Islands1.40.83.83.839.5%
Fiji4.42.52.23.0-12.0%
Philippines3.32.52.42.8-5.3%
Kiribati2.41.92.42.40.0%
Others13.46.48.68.0-15.8%
Total1891671811951.0%

Top Suppliers of Frozen Yellowfin Tuna to Japan in 2022:

  1. Taiwan (Chinese) (14.4K tons)
  2. Seychelles (6.7K tons)
  3. China (5.7K tons)
  4. South Korea (3.7K tons)
  5. Marshall Islands (1.7K tons)
  6. Vanuatu (1.6K tons)
  7. Micronesia (1.6K tons)
  8. Philippines (1.1K tons)
  9. Kiribati (1.0K tons)
  10. Fiji (0.6K tons)

Frozen Yellowfin Tuna Exports in Japan

For the third year in a row, Japan recorded decline in shipments abroad of frozen yellowfin tuna, which decreased by -29.5% to 1.4K tons in 2022. In general, exports faced a sharp slump.

In value terms, frozen yellowfin tuna exports shrank notably to $2.7M in 2022. Over the period under review, exports recorded a significant contraction.

Export of Frozen Yellowfin Tuna in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand8.13.82.31.9-38.3%
Vietnam0.61.10.80.4-12.6%
Indonesia0.61.2N/A0.2-30.7%
Philippines0.10.20.10.10.0%
Others0.20.20.2N/A0.0%
Total9.66.43.52.7-34.5%

Top Export Markets for Frozen Yellowfin Tuna from Japan in 2022:

  1. Thailand (1075.6 tons)
  2. Vietnam (190.5 tons)
  3. Indonesia (127.5 tons)
  4. Philippines (36.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the frozen yellowfin tuna market in Japan. 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:

    • Japan

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Trade (exports and imports) in Japan
    • 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:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. 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.

    1. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS
    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. MARKET STRUCTURE
      3. TRADE BALANCE
      4. PER CAPITA CONSUMPTION
      5. MARKET FORECAST TO 2030
    4. 4. MOST PROMISING PRODUCT

      Finding New Products to Diversify Your Business

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCT
      4. MOST TRADED PRODUCT
      5. MOST PROFITABLE PRODUCT FOR EXPORT
    5. 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
      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. TOP EXPORTING COUNTRIES
      4. LOW-COST EXPORTING COUNTRIES
    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Exports

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS
    7. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. LIST OF TABLES

      1. Key Findings In 2023
      2. Market Volume, In Physical Terms, 2012–2023
      3. Market Value, 2012–2023
      4. Per Capita Consumption In 2012-2023
      5. Imports, In Physical Terms, By Country, 2012–2023
      6. Imports, In Value Terms, By Country, 2012–2023
      7. Import Prices, By Country Of Origin, 2012–2023
      8. Exports, In Physical Terms, By Country, 2012–2023
      9. Exports, In Value Terms, By Country, 2012–2023
      10. Export Prices, By Country Of Destination, 2012–2023
    12. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
      4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
      5. Trade Balance, In Physical Terms, 2012-2023
      6. Trade Balance, In Value Terms, 2012-2023
      7. Per Capita Consumption, 2012-2023
      8. Market Volume Forecast to 2030
      9. Market Value Forecast to 2030
      10. Products: Market Size And Growth, By Type
      11. Products: Average Per Capita Consumption, By Type
      12. Products: Exports And Growth, By Type
      13. Products: Export Prices And Growth, By Type
      14. Production Volume And Growth
      15. Exports And Growth
      16. Export Prices And Growth
      17. Market Size And Growth
      18. Per Capita Consumption
      19. Imports And Growth
      20. Import Prices
      21. Production, In Physical Terms, 2012–2023
      22. Production, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, 2012–2023
      24. Imports, In Value Terms, 2012–2023
      25. Imports, In Physical Terms, By Country, 2023
      26. Imports, In Physical Terms, By Country, 2012–2023
      27. Imports, In Value Terms, By Country, 2012–2023
      28. Import Prices, By Country Of Origin, 2012–2023
      29. Exports, In Physical Terms, 2012–2023
      30. Exports, In Value Terms, 2012–2023
      31. Exports, In Physical Terms, By Country, 2023
      32. Exports, In Physical Terms, By Country, 2012–2023
      33. Exports, In Value Terms, By Country, 2012–2023
      34. Export Prices, By Country Of Destination, 2012–2023
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