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

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

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Frozen Yellowfin Tuna Price in Sweden - 2023

Contents:

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

Frozen Yellowfin Tuna Price in Sweden (CIF) - 2023

In June 2023, the average frozen yellowfin tuna import price amounted to $15,790 per ton, increasing by 7.7% 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 37% against the previous month. The import price peaked in June 2023.

Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was the Netherlands ($15,894 per ton), while the price for Denmark amounted to $15,492 per ton.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Denmark (+3.7%).

Frozen Yellowfin Tuna Price in Sweden (FOB) - 2022

The average frozen yellowfin tuna export price stood at $35,571 per ton in 2022, growing by 40% against the previous year. Overall, the export price continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2019 an increase of 75% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Finland.

From 2012 to 2022, the rate of growth in terms of prices for Finland amounted to +29.5% per year.

Frozen Yellowfin Tuna Imports in Sweden

In 2022, after three years of growth, there was significant decline in supplies from abroad of frozen yellowfin tuna, when their volume decreased by -27.4% to 90 tons. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +7.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 36% against the previous year. As a result, imports reached the peak of 124 tons, and then shrank remarkably in the following year.

In value terms, frozen yellowfin tuna imports reduced notably to $1.5M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +6.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 29%.

Import of Frozen Yellowfin Tuna in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark49292892179017.1%
Netherlands46825076066412.4%
Spain105166201N/A38.4%
United Kingdom104171N/AN/A64.4%
Others46.048.310.916.6-28.8%
Total1,2151,5631,8921,4706.6%

Top Suppliers of Frozen Yellowfin Tuna to Sweden in 2022:

  1. Denmark (51.7 tons)
  2. Netherlands (37.4 tons)

Frozen Yellowfin Tuna Exports in Sweden

In 2022, overseas shipments of frozen yellowfin tuna decreased by -63.5% to 1 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a precipitous decline. The most prominent rate of growth was recorded in 2020 when exports increased by 49% against the previous year. As a result, the exports reached the peak of 5.2 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, frozen yellowfin tuna exports fell remarkably to $36K in 2022. In general, exports recorded a noticeable decline. The pace of growth was the most pronounced in 2020 when exports increased by 96% against the previous year. As a result, the exports attained the peak of $78K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Frozen Yellowfin Tuna in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland31.778.069.735.74.0%
Netherlands8.1N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total39.978.069.735.7-3.6%

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

  1. Finland (1.0 tons)

Source: IndexBox Market Intelligence Platform

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

    • Sweden

    Data coverage:

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