New Zealand - Frozen Yellowfin Tuna - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Yellowfin Tuna Price in New Zealand - 2022
Contents:
- Frozen Yellowfin Tuna Price in New Zealand (FOB) - 2022
- Frozen Yellowfin Tuna Price in New Zealand (CIF) - 2022
- Frozen Yellowfin Tuna Exports in New Zealand
- Frozen Yellowfin Tuna Imports in New Zealand
Frozen Yellowfin Tuna Price in New Zealand (FOB) - 2022
In 2022, the average frozen yellowfin tuna export price amounted to $1,180 per ton, therefore, remained relatively stable against the previous year. Over the period under review, the export price, however, recorded a perceptible descent. The pace of growth appeared the most rapid in 2013 when the average export price increased by 34%. As a result, the export price reached the peak level of $2,274 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($1,523 per ton), while the average price for exports to Indonesia ($668 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 Kenya (-1.7%), while the prices for the other major destinations experienced a decline.
Frozen Yellowfin Tuna Price in New Zealand (CIF) - 2022
The average frozen yellowfin tuna import price stood at $6,282 per ton in 2022, picking up by 16% against the previous year. In general, the import price, however, continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2020 an increase of 18%. The import price peaked at $14,201 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 Thailand ($11,565 per ton), while the price for Fiji ($372 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Samoa (-1.5%), while the prices for the other major suppliers experienced a decline.
Frozen Yellowfin Tuna Exports in New Zealand
In 2022, approx. 28 tons of frozen yellowfin tuna were exported from New Zealand; with an increase of 17% against 2021 figures. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.3% 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 decreased by -12.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 99% against the previous year. As a result, the exports reached the peak of 33 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, frozen yellowfin tuna exports soared to $34K in 2022. Overall, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.3% 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 decreased by -12.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 104% against the previous year. As a result, the exports attained the peak of $38K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Frozen Yellowfin Tuna in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 16.0 | 34.0 | 26.1 | 31.1 | 24.8% |
| Indonesia | 1.6 | 2.6 | 1.5 | 1.4 | -4.4% |
| Thailand | 0.4 | 1.6 | 1.0 | 1.0 | 35.7% |
| Others | 0.9 | 0.3 | 0.1 | 0.1 | -51.9% |
| Total | 18.8 | 38.4 | 28.8 | 33.6 | 21.4% |
Top Export Markets for Frozen Yellowfin Tuna from New Zealand in 2022:
- Spain (24.9 tons)
- Indonesia (2.1 tons)
- Thailand (1.4 tons)
Frozen Yellowfin Tuna Imports in New Zealand
In 2022, approx. 27 tons of frozen yellowfin tuna were imported into New Zealand; rising by 758% on the previous year's figure. Over the period under review, imports enjoyed a buoyant increase.
In value terms, frozen yellowfin tuna imports surged to $167K in 2022. Overall, imports enjoyed significant growth.
| Import of Frozen Yellowfin Tuna in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 42.8 | 114 | 6.2 | 62.3 | 13.3% |
| Vietnam | 12.0 | 104 | 5.7 | 58.1 | 69.2% |
| Indonesia | 30.1 | 73.8 | 3.7 | 34.3 | 4.5% |
| United States | 2.9 | 9.2 | 0.6 | 7.3 | 36.0% |
| Fiji | 1.4 | 4.4 | 0.3 | 3.3 | 33.1% |
| Japan | 0.4 | 0.9 | N/A | 0.4 | 0.0% |
| Others | 0.7 | 10.5 | 0.1 | 0.7 | 0.0% |
| Total | 90.4 | 316 | 16.8 | 167 | 22.7% |
Top Suppliers of Frozen Yellowfin Tuna to New Zealand in 2022:
- Fiji (8.9 tons)
- Vietnam (6.9 tons)
- Thailand (5.4 tons)
- Indonesia (3.3 tons)
- United States (1.3 tons)
- Japan (0.4 tons)
This report provides an in-depth analysis of the frozen yellowfin tuna market in New Zealand. 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:
- New Zealand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in New Zealand
- 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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