Malaysia - Frozen Yellowfin Tuna - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Yellowfin Tuna Price in Malaysia - 2021
Contents:
- Frozen Yellowfin Tuna Price in Malaysia (FOB) - 2022
- Frozen Yellowfin Tuna Price in Malaysia (CIF) - 2022
- Frozen Yellowfin Tuna Exports in Malaysia
- Frozen Yellowfin Tuna Imports in Malaysia
Frozen Yellowfin Tuna Price in Malaysia (FOB) - 2022
In 2022, the average frozen yellowfin tuna export price amounted to $2,872 per ton, approximately mirroring the previous year. In general, the export price saw strong growth. The pace of growth appeared the most rapid in 2017 when the average export price increased by 153% against the previous year. As a result, the export price attained the peak level of $3,998 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($7,221 per ton), while the average price for exports to Thailand ($1,388 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 Singapore (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Yellowfin Tuna Price in Malaysia (CIF) - 2022
In 2022, the average frozen yellowfin tuna import price amounted to $3,373 per ton, dropping by -1.8% against the previous year. Overall, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen yellowfin tuna import price increased by +7.3% against 2016 indices. The pace of growth was the most pronounced in 2016 an increase of 64% against the previous year. The import price peaked at $3,436 per ton in 2021, and then shrank in the following year.
As there is only one major supplying country, the average price level is determined by prices for Indonesia.
From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to +109.9% per year.
Frozen Yellowfin Tuna Exports in Malaysia
In 2022, after three years of growth, there was significant decline in overseas shipments of frozen yellowfin tuna, when their volume decreased by -15.8% to 991 tons. Overall, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +10.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +33.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 51%. As a result, the exports attained the peak of 1.2K tons, and then fell significantly in the following year.
In value terms, frozen yellowfin tuna exports dropped to $2.8M in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +12.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +41.8% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 42% against the previous year. As a result, the exports reached the peak of $3.3M, and then shrank in the following year.
| Export of Frozen Yellowfin Tuna in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 1,377 | 778 | 1,150 | 1,150 | -5.8% |
| United States | 219 | 425 | 959 | 764 | 51.7% |
| Brunei Darussalam | 18.9 | 793 | 447 | 437 | 184.9% |
| Japan | 46.8 | 6.1 | 211 | 168 | 53.1% |
| Vietnam | 107 | 139 | 203 | 162 | 14.8% |
| Thailand | 37.4 | 134 | 72.7 | 86.5 | 32.2% |
| Singapore | 47.4 | 1.9 | 98.2 | 78.2 | 18.2% |
| China | 153 | 65.8 | N/A | N/A | -57.0% |
| Philippines | N/A | 6.1 | 146 | N/A | 2293.4% |
| Others | N/A | 6.9 | 48.9 | N/A | 608.7% |
| Total | 2,007 | 2,355 | 3,336 | 2,846 | 12.3% |
Top Export Markets for Frozen Yellowfin Tuna from Malaysia in 2022:
- Indonesia (536.0 tons)
- Brunei Darussalam (120.8 tons)
- United States (105.8 tons)
- Vietnam (101.0 tons)
- Thailand (62.3 tons)
- Japan (39.9 tons)
- Singapore (25.3 tons)
Frozen Yellowfin Tuna Imports in Malaysia
After three years of growth, purchases abroad of frozen yellowfin tuna decreased by -2.3% to 8.4 tons in 2022. The total import volume increased at an average annual rate of +2.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 4.8% against the previous year. As a result, imports attained the peak of 8.6 tons, and then dropped slightly in the following year.
In value terms, frozen yellowfin tuna imports reduced to $28K in 2022. The total import value increased at an average annual rate of +4.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 8.9%. As a result, imports attained the peak of $29K, and then fell slightly in the following year.
| Import of Frozen Yellowfin Tuna in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 24.3 | 27.1 | 8.0 | 28.2 | 5.1% |
| China | N/A | N/A | 19.1 | N/A | 0% |
| India | N/A | N/A | 0.8 | N/A | 0% |
| Others | 0.6 | N/A | 1.5 | N/A | 58.1% |
| Total | 24.9 | 27.1 | 29.4 | 28.2 | 4.2% |
Top Suppliers of Frozen Yellowfin Tuna to Malaysia in 2022:
- Indonesia (8.4 tons)
This report provides an in-depth analysis of the frozen yellowfin tuna market in Malaysia. 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:
- Malaysia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Malaysia
- 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
-
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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