Spain - Tuna (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Tuna Price in Spain - 2023
Contents:
- Preserved Tuna Price in Spain (CIF) - 2023
- Preserved Tuna Price in Spain (FOB) - 2023
- Preserved Tuna Imports in Spain
- Preserved Tuna Exports in Spain
Preserved Tuna Price in Spain (CIF) - 2023
In June 2023, the average preserved tuna import price amounted to $6,187 per ton, increasing by 1.7% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in December 2022 an increase of 5.5% against the previous month. As a result, import price attained the peak level of $6,207 per ton; afterwards, it flattened through to June 2023.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Italy ($8,003 per ton), while the price for the Netherlands ($5,292 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Portugal (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Tuna Price in Spain (FOB) - 2023
The average preserved tuna export price stood at $7,745 per ton in June 2023, approximately reflecting the previous month. Over the last twelve months, it increased at an average monthly rate of +1.0%. The growth pace was the most rapid in November 2022 when the average export price increased by 5.5% against the previous month. Over the period under review, the average export prices hit record highs at $7,834 per ton in April 2023; however, from May 2023 to June 2023, the export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In June 2023, the countries with the highest prices were the UK ($8,921 per ton) and Italy ($7,959 per ton), while the average price for exports to Portugal ($6,852 per ton) and Belgium ($7,413 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Tuna Imports in Spain
In 2022, overseas purchases of tuna (prepared or preserved) were finally on the rise to reach 166K tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +2.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, preserved tuna imports surged to $887M in 2022. The total import value increased at an average annual rate of +7.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Preserved Tuna in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 295 | 201 | 243 | 356 | 6.5% |
| China | 112 | 142 | 93.4 | 106 | -1.8% |
| Papua New Guinea | 63.7 | 58.6 | 69.2 | 73.4 | 4.8% |
| Mauritius | 37.9 | 32.0 | 24.7 | 58.5 | 15.6% |
| Portugal | 12.9 | 21.8 | 28.1 | 57.3 | 64.4% |
| Philippines | 29.3 | 21.4 | 44.3 | 48.4 | 18.2% |
| Guatemala | 32.0 | 31.6 | 42.2 | 43.0 | 10.4% |
| El Salvador | 27.1 | 18.5 | 25.9 | 22.3 | -6.3% |
| Cabo Verde | 15.5 | 11.3 | 11.4 | 20.6 | 9.9% |
| Vietnam | 25.7 | 14.9 | 15.5 | 11.5 | -23.5% |
| Others | 62.1 | 59.2 | 55.9 | 89.8 | 13.1% |
| Total | 713 | 612 | 653 | 887 | 7.6% |
Top Suppliers of Preserved Tuna to Spain in 2022:
- Ecuador (66.5K tons)
- China (23.0K tons)
- Papua New Guinea (12.9K tons)
- Mauritius (11.6K tons)
- Portugal (11.2K tons)
- Philippines (8.0K tons)
- Guatemala (6.6K tons)
- Cabo Verde (4.2K tons)
- El Salvador (3.7K tons)
- Vietnam (2.4K tons)
Preserved Tuna Exports in Spain
In 2022, shipments abroad of tuna (prepared or preserved) decreased by -1.9% to 96K tons, falling for the second year in a row after two years of growth. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 12%. As a result, the exports reached the peak of 106K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, preserved tuna exports stood at $645M in 2022. The total export value increased at an average annual rate of +3.7% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 14%. As a result, the exports reached the peak of $663M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Preserved Tuna in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 188 | 227 | 237 | 261 | 11.6% |
| France | 156 | 192 | 177 | 152 | -0.9% |
| Portugal | 70.8 | 75.8 | 62.8 | 74.3 | 1.6% |
| United Kingdom | 6.5 | 11.6 | 27.7 | 24.5 | 55.6% |
| Germany | 22.8 | 14.7 | 12.4 | 10.9 | -21.8% |
| Netherlands | 29.6 | 15.4 | 9.4 | 8.9 | -33.0% |
| Czech Republic | 9.2 | 8.5 | 6.2 | 8.4 | -3.0% |
| Others | 96.2 | 118 | 110 | 105 | 3.0% |
| Total | 579 | 663 | 643 | 645 | 3.7% |
Top Export Markets for Preserved Tuna from Spain in 2022:
- Italy (36.0K tons)
- France (25.2K tons)
- Portugal (12.2K tons)
- United Kingdom (3.9K tons)
- Czech Republic (1.6K tons)
- Germany (1.3K tons)
- Netherlands (1.2K tons)
This report provides an in-depth analysis of the preserved tuna market in Spain. 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:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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
-
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
508
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