Price for Fish; Live, Bluefin Tunas (Thunnus Thynnus) in Italy - 2023

Contents:

  1. Price for Fish; Live, Bluefin Tunas (Thunnus Thynnus) in Italy (FOB) - 2023
  2. Price for Fish; Live, Bluefin Tunas (Thunnus Thynnus) in Italy (CIF) - 2023
  3. Exports of Fish; Live, Bluefin Tunas (Thunnus Thynnus) in Italy
  4. Imports of Fish; Live, Bluefin Tunas (Thunnus Thynnus) in Italy

Price for Fish; Live, Bluefin Tunas (Thunnus Thynnus) in Italy (FOB) - 2023

In July 2023, the average export price for fish; live, bluefin tunas (thunnus thynnus)s amounted to $12,343 per ton, surging by 21% against the previous month. Overall, the export price showed a prominent increase. The export price peaked at $18,971 per ton in April 2023; however, from May 2023 to July 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Spain ($12,485 per ton), while the average price for exports to France totaled $4,135 per ton.

From October 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+7.7%).

Price for Fish; Live, Bluefin Tunas (Thunnus Thynnus) in Italy (CIF) - 2023

In August 2023, the average import price for fish; live, bluefin tunas (thunnus thynnus)s amounted to $18,893 per ton, with an increase of 37% against the previous month. Over the period under review, import price indicated perceptible growth from August 2022 to August 2023: its price increased at an average monthly rate of +2.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, import price for fish; live, bluefin tunas (thunnus thynnus)s decreased by -1.4% against June 2023 indices. The pace of growth was the most pronounced in June 2023 an increase of 78% m-o-m. As a result, import price reached the peak level of $19,159 per ton. From July 2023 to August 2023, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Spain.

From August 2022 to August 2023, the rate of growth in terms of prices for the Netherlands amounted to +3.7% per month.

Exports of Fish; Live, Bluefin Tunas (Thunnus Thynnus) in Italy

In 2022, the amount of fish; live, bluefin tunas (thunnus thynnus)s exported from Italy soared to 841 tons, with an increase of 286% on the previous year. In general, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of fish; live, bluefin tunas (thunnus thynnus)s surged to $10M in 2022. Over the period under review, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Fish; Live, Bluefin Tunas (Thunnus Thynnus) in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malta1.51.41.310.088.2%
Spain0.50.70.30.50.0%
Slovenia0.10.1N/AN/A0.0%
OthersN/AN/AN/AN/A0%
Total2.12.21.610.571.0%

Top Export Markets for Fish; Live, Bluefin Tunas (Thunnus Thynnus) from Italy in 2022:

  1. Malta (793.1 tons)
  2. Spain (45.8 tons)

Imports of Fish; Live, Bluefin Tunas (Thunnus Thynnus) in Italy

After two years of decline, supplies from abroad of fish; live, bluefin tunas (thunnus thynnus)s increased by 155% to 115 tons in 2022. Over the period under review, imports recorded prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of fish; live, bluefin tunas (thunnus thynnus)s surged to $1.6M in 2022. In general, imports enjoyed a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Fish; Live, Bluefin Tunas (Thunnus Thynnus) in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain8434233941,37117.6%
Netherlands50.512661.412535.3%
GreeceN/A48.512356.17.6%
France36.516627.26.4-44.0%
GermanyN/A71.0N/A0.1-96.2%
Others14.612416.414.2-0.9%
Total9459596221,57318.5%

Top Suppliers of Fish; Live, Bluefin Tunas (Thunnus Thynnus) to Italy in 2022:

  1. Spain (100.8 tons)
  2. Netherlands (8.5 tons)
  3. Greece (4.0 tons)
  4. France (0.4 tons)

Source: IndexBox Market Intelligence Platform

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