Brazil - Tuna (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Tuna Price in Brazil - 2023
Contents:
- Preserved Tuna Price in Brazil (FOB) - 2023
- Preserved Tuna Price in Brazil (CIF) - 2023
- Preserved Tuna Exports in Brazil
- Preserved Tuna Imports in Brazil
Preserved Tuna Price in Brazil (FOB) - 2023
In July 2023, the average preserved tuna export price amounted to $4,528 per ton, which is down by -10.9% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 9.1% against the previous month. As a result, the export price attained the peak level of $5,083 per ton, and then fell in the following month.
Average prices varied somewhat for the major external markets. In July 2023, the country with the highest price was Paraguay ($5,726 per ton), while the average price for exports to Uruguay ($4,216 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+1.4%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Tuna Price in Brazil (CIF) - 2023
In July 2023, the average preserved tuna import price amounted to $5,740 per ton, with an increase of 9.9% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 when the average import price increased by 15% month-to-month. As a result, import price reached the peak level of $6,163 per ton. From April 2023 to July 2023, the average import prices remained at a somewhat 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 Portugal ($10,125 per ton), while the price for Ecuador totaled $5,248 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Portugal (+0.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Tuna Exports in Brazil
In 2022, exports of tuna (prepared or preserved) from Brazil surged to 4.5K tons, growing by 73% against the previous year. Over the period under review, exports showed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 81%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, preserved tuna exports skyrocketed to $19M in 2022. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 97%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Preserved Tuna in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 2.5 | 3.3 | 5.5 | 6.8 | 39.6% |
| Venezuela | N/A | 0.3 | 1.6 | 4.9 | 304.1% |
| Dominican Republic | N/A | N/A | 0.6 | 4.3 | 616.7% |
| Uruguay | 0.7 | 1.2 | 1.3 | 1.5 | 28.9% |
| Chile | N/A | N/A | 0.5 | 1.2 | 140.0% |
| Paraguay | 0.2 | 0.1 | 0.3 | 0.3 | 14.5% |
| Curacao | 0.2 | 0.3 | 0.3 | 0.2 | 0.0% |
| Others | 0.3 | 0.2 | 0.3 | 0.2 | -12.6% |
| Total | 3.9 | 5.3 | 10.4 | 19.4 | 70.7% |
Top Export Markets for Preserved Tuna from Brazil in 2022:
- Argentina (1641.6 tons)
- Venezuela (1073.8 tons)
- Dominican Republic (980.0 tons)
- Chile (342.0 tons)
- Uruguay (339.7 tons)
- Paraguay (49.3 tons)
- Curacao (41.6 tons)
Preserved Tuna Imports in Brazil
In 2022, overseas purchases of tuna (prepared or preserved) were finally on the rise to reach 1.9K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a abrupt downturn.
In value terms, preserved tuna imports skyrocketed to $10M in 2022. In general, imports, however, continue to indicate a noticeable curtailment.
| Import of Preserved Tuna in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 11.3 | 6.6 | 4.9 | 7.3 | -13.6% |
| Thailand | N/A | 0.9 | N/A | 1.6 | 33.3% |
| China | 0.2 | N/A | 1.8 | 0.9 | 65.1% |
| Others | 0.2 | 0.2 | 0.1 | 0.4 | 26.0% |
| Total | 11.6 | 7.7 | 6.8 | 10.3 | -3.9% |
Top Suppliers of Preserved Tuna to Brazil in 2022:
- Ecuador (1402.9 tons)
- Thailand (320.9 tons)
- China (183.6 tons)
This report provides an in-depth analysis of the preserved tuna market in Brazil. 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 2030.
Product coverage:
- Prodcom 10202540 - Prepared or preserved tuna, skipjack and Atlantic bonito, w hole or in pieces (excluding minced products and prepared meals and dishes)
Country coverage:
- Brazil
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Brazil
- 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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