Ecuador - Tuna (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Tuna Price in Ecuador - 2022
Contents:
- Preserved Tuna Price in Ecuador (FOB) - 2022
- Preserved Tuna Price in Ecuador (CIF) - 2022
- Preserved Tuna Exports in Ecuador
- Preserved Tuna Imports in Ecuador
Preserved Tuna Price in Ecuador (FOB) - 2022
In January 2022, the average preserved tuna export price amounted to $4,466 per ton, approximately reflecting the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2021 when the average export price increased by 4.9% against the previous month. As a result, the export price attained the peak level of $4,523 per ton; afterwards, it flattened through to January 2022.
There were significant differences in the average prices for the major external markets. In January 2022, the country with the highest price was Italy ($5,921 per ton), while the average price for exports to Colombia ($3,900 per ton) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+1.2%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Tuna Price in Ecuador (CIF) - 2022
In 2022, the average preserved tuna import price amounted to $4,402 per ton, approximately mirroring the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2013 an increase of 28%. The import price peaked at $5,716 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Free Zones ($9,674 per ton), while the price for Chile ($486 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Free Zones (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Tuna Exports in Ecuador
In 2022, after three years of growth, there was decline in shipments abroad of tuna (prepared or preserved), when their volume decreased by -1.6% to 253K tons. The total export volume increased at an average annual rate of +1.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 4% against the previous year. As a result, the exports attained the peak of 257K tons, and then reduced modestly in the following year.
In value terms, preserved tuna exports dropped to $1.1B in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 9.9%. As a result, the exports reached the peak of $1.1B, and then reduced slightly in the following year.
Export of Preserved Tuna in Ecuador (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 284 | 175 | 253 | 319 | 3.9% |
United States | 125 | 107 | 110 | 138 | 3.4% |
United Kingdom | 49.4 | 107 | 136 | 114 | 32.1% |
Colombia | 82.1 | 123 | 109 | 96.4 | 5.5% |
Italy | 88.1 | 90.9 | 112 | 89.2 | 0.4% |
Argentina | 40.5 | 44.9 | 63.1 | 63.5 | 16.2% |
Chile | 27.9 | 27.8 | 38.1 | 48.9 | 20.6% |
France | 45.4 | 39.5 | 53.4 | 47.3 | 1.4% |
Germany | 43.0 | 62.4 | 29.2 | 32.2 | -9.2% |
Netherlands | 155 | 140 | 110 | 19.5 | -49.9% |
Portugal | 16.9 | 21.8 | 23.2 | 16.4 | -1.0% |
Peru | 20.2 | 16.3 | 15.5 | 15.2 | -9.0% |
Others | 88.1 | 78.1 | 84.2 | 85.2 | -1.1% |
Total | 1,066 | 1,033 | 1,136 | 1,085 | 0.6% |
Top Export Markets for Preserved Tuna from Ecuador in 2022:
- Spain (68.4K tons)
- Colombia (30.5K tons)
- United Kingdom (28.3K tons)
- United States (28.0K tons)
- Italy (15.5K tons)
- Argentina (14.8K tons)
- Chile (14.1K tons)
- France (11.4K tons)
- Germany (7.5K tons)
- Netherlands (4.7K tons)
- Peru (4.2K tons)
- Portugal (3.7K tons)
Preserved Tuna Imports in Ecuador
Preserved tuna imports into Ecuador declined sharply to 765 tons in 2022, with a decrease of -31.5% compared with 2021 figures. Over the period under review, imports saw a sharp reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 179%.
In value terms, preserved tuna imports dropped dramatically to $3.4M in 2022. In general, imports continue to indicate a precipitous decrease. The pace of growth was the most pronounced in 2021 with an increase of 161% against the previous year.
Import of Preserved Tuna in Ecuador (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Free Zones | 4,904 | 1,013 | 2,661 | 1,751 | -29.1% |
Indonesia | 1,277 | 272 | 728 | 450 | -29.4% |
Guatemala | N/A | N/A | 22.8 | 312 | 1268.4% |
United States | 252 | 116 | 449 | 277 | 3.2% |
Peru | 273 | 93.6 | 330 | 204 | -9.3% |
Colombia | 389 | 81.0 | 215 | 142 | -28.5% |
Netherlands | 217 | 39.6 | 201 | 124 | -17.0% |
United Kingdom | 138 | 34.0 | 58.5 | 20.6 | -47.0% |
China | 299 | 26.9 | 14.3 | 7.4 | -70.9% |
Chile | 16.8 | 2.6 | 5.1 | 2.5 | -47.0% |
Others | 46.0 | 190 | 184 | 76.7 | 18.6% |
Total | 7,812 | 1,868 | 4,868 | 3,368 | -24.5% |
Top Suppliers of Preserved Tuna to Ecuador in 2022:
- Guatemala (304.1 tons)
- Free Zones (181.0 tons)
- Indonesia (114.7 tons)
- Peru (50.5 tons)
- United States (41.5 tons)
- Netherlands (31.6 tons)
- Colombia (19.1 tons)
- United Kingdom (6.4 tons)
- Chile (5.1 tons)
- China (1.7 tons)
This report provides an in-depth analysis of the preserved tuna market in Ecuador. 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:
- Ecuador
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ecuador
- 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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