Peru - Frozen Yellowfin Tuna - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Yellowfin Tuna Price in Peru - 2021
Contents:
- Frozen Yellowfin Tuna Price in Peru (CIF) - 2021
- Frozen Yellowfin Tuna Price in Peru (FOB) - 2022
- Frozen Yellowfin Tuna Imports in Peru
- Frozen Yellowfin Tuna Exports in Peru
Frozen Yellowfin Tuna Price in Peru (CIF) - 2021
The average frozen yellowfin tuna import price stood at $1,637 per ton in March 2020, growing by 46% against the previous month. Over the period under review, import price indicated a buoyant increase from January 2020 to March 2020: its price increased at an average monthly rate of +10.0% over the last two-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2020 figures, frozen yellowfin tuna import price increased by +45.5% against February 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In March 2020, the country with the highest price was China ($7,514 per ton), while the price for Ecuador amounted to $1,356 per ton.
From January 2020 to March 2020, the most notable rate of growth in terms of prices was attained by Ecuador (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Yellowfin Tuna Price in Peru (FOB) - 2022
The average frozen yellowfin tuna export price stood at $2,143 per ton in 2022, increasing by 4.6% against the previous year. In general, the export price, however, continues to indicate a slight reduction. The growth pace was the most rapid in 2013 an increase of 45% against the previous year. As a result, the export price reached the peak level of $3,744 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 France ($3,215 per ton), while the average price for exports to Ecuador ($1,087 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 France (-0.6%), while the prices for the other major destinations experienced a decline.
Frozen Yellowfin Tuna Imports in Peru
In 2022, after two years of decline, there was significant growth in purchases abroad of frozen yellowfin tuna, when their volume increased by 219% to 1.2K tons. Over the period under review, imports, however, saw a precipitous contraction.
In value terms, frozen yellowfin tuna imports surged to $1.6M in 2022. In general, imports, however, faced a sharp decline.
| Import of Frozen Yellowfin Tuna in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 805 | 621 | 83.1 | 273 | -30.3% |
| Ecuador | 1,597 | 473 | 54.3 | 153 | -54.2% |
| Spain | 164 | 112 | 17.8 | 97.9 | -15.8% |
| Senegal | 551 | 207 | 6.6 | 63.1 | -51.4% |
| France | 43.9 | 83.2 | 9.3 | 25.7 | -16.3% |
| Ghana | 80.4 | 56.7 | 7.0 | 20.9 | -36.2% |
| Seychelles | 56.6 | 41.2 | 5.2 | 18.4 | -31.2% |
| Panama | 146 | 46.9 | 5.2 | 14.3 | -53.9% |
| Colombia | 226 | N/A | N/A | N/A | 0% |
| Democratic People's Republic of Korea | 233 | N/A | N/A | N/A | 0% |
| Others | 2,064 | 976 | 376 | 924 | -23.5% |
| Total | 5,965 | 2,617 | 564 | 1,591 | -35.6% |
Top Suppliers of Frozen Yellowfin Tuna to Peru in 2022:
- Ecuador (163.9 tons)
- Spain (115.2 tons)
- Senegal (70.7 tons)
- France (28.3 tons)
- Indonesia (23.8 tons)
- Seychelles (23.7 tons)
- Ghana (18.3 tons)
- Panama (9.9 tons)
Frozen Yellowfin Tuna Exports in Peru
In 2022, frozen yellowfin tuna exports from Peru reduced to 112 tons, with a decrease of -14.6% against 2021. The total export volume increased at an average annual rate of +1.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 41%. As a result, the exports attained the peak of 132 tons, and then shrank in the following year.
In value terms, frozen yellowfin tuna exports declined to $241K in 2022. The total export value increased at an average annual rate of +1.6% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 27% against the previous year. As a result, the exports attained the peak of $269K, and then contracted in the following year.
| Export of Frozen Yellowfin Tuna in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Venezuela | 107 | 156 | 210 | 194 | 21.9% |
| Ecuador | 92.3 | 35.7 | 7.3 | 21.1 | -38.9% |
| Spain | 13.2 | 13.7 | 22.8 | 17.7 | 10.3% |
| France | 9.3 | 5.4 | 8.9 | 6.9 | -9.5% |
| Others | 8.1 | 0.7 | 20.8 | 1.1 | -48.6% |
| Total | 230 | 212 | 269 | 241 | 1.6% |
Top Export Markets for Frozen Yellowfin Tuna from Peru in 2022:
- Venezuela (78.0 tons)
- Ecuador (19.4 tons)
- Spain (12.6 tons)
- France (2.1 tons)
This report provides an in-depth analysis of the frozen yellowfin tuna market in Peru. 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:
- Peru
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Peru
- 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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