Report Update: May 1, 2024

India - Frozen And Fresh Or Chilled Skipjack Tuna - Market Analysis, Forecast, Size, Trends And Insights

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Price for Frozen and Fresh or Chilled Skipjack Tuna in India - 2023

Price for Frozen and Fresh or Chilled Skipjack Tuna in India (FOB) - 2023

In October 2023, the average export price for frozen and fresh or chilled skipjack tuna amounted to $1,704 per ton, picking up by 12% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.6%. The growth pace was the most rapid in September 2023 when the average export price increased by 14% m-o-m. The export price peaked in October 2023.

There were significant differences in the average prices for the major overseas markets. In October 2023, the country with the highest price was the United Arab Emirates ($2,673 per ton), while the average price for exports to Thailand ($1,509 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Frozen and Fresh or Chilled Skipjack Tuna in India (CIF) - 2022

In 2022, the average import price for frozen and fresh or chilled skipjack tuna amounted to $1,710 per ton, growing by 18% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average import price increased by 34% against the previous year. Over the period under review, average import prices hit record highs at $1,814 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Iran ($1,718 per ton), while the price for Vietnam amounted to $1,608 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+30.5%), while the prices for the other major suppliers experienced a decline.

Exports of Frozen and Fresh or Chilled Skipjack Tuna in India

Exports of frozen and fresh or chilled skipjack tuna from India declined significantly to 24K tons in 2022, falling by -25.2% compared with the year before. Over the period under review, exports saw a deep contraction. The growth pace was the most rapid in 2021 when exports increased by 12%. As a result, the exports attained the peak of 31K tons, and then contracted rapidly in the following year.

In value terms, exports of frozen and fresh or chilled skipjack tuna shrank remarkably to $28M in 2022. Overall, exports saw a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 12%. As a result, the exports attained the peak of $35M, and then declined notably in the following year.

Export of Frozen and Fresh or Chilled Skipjack Tuna in India (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Tunisia	27.0	21.4	24.3	17.3	-13.8%
Thailand	0.2	0.2	0.2	3.7	164.5%
Turkey	1.2	1.7	2.0	2.2	22.4%
Iran	2.4	4.4	4.8	2.0	-5.9%
Algeria	1.5	0.8	1.0	1.6	2.2%
Oman	N/A	N/A	0.1	0.5	400.0%
United Arab Emirates	0.4	0.8	1.2	0.4	0.0%
Others	1.4	1.8	1.5	0.6	-24.6%
Total	34.1	31.3	35.1	28.3	-6.0%

Top Export Markets for Frozen and Fresh or Chilled Skipjack Tuna from India in 2022:

Tunisia (14.9K tons)
Thailand (2.9K tons)
Turkey (1.9K tons)
Iran (1.6K tons)
Algeria (0.8K tons)
Oman (0.4K tons)
United Arab Emirates (0.3K tons)

Imports of Frozen and Fresh or Chilled Skipjack Tuna in India

In 2022, approx. 30 tons of frozen and fresh or chilled skipjack tuna were imported into India; increasing by 7.6% on 2021 figures. Over the period under review, imports, however, saw a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 8.3% against the previous year.

In value terms, imports of frozen and fresh or chilled skipjack tuna soared to $52K in 2022. Overall, imports, however, saw a deep contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 36% against the previous year.

Import of Frozen and Fresh or Chilled Skipjack Tuna in India (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Iran	N/A	N/A	7.2	48.1	568.1%
Vietnam	N/A	N/A	N/A	3.4	0%
Thailand	52.9	8.3	5.5	N/A	-67.8%
Indonesia	17.3	5.1	1.5	N/A	-70.6%
United Arab Emirates	N/A	N/A	26.5	N/A	0%
Seychelles	N/A	16.4	N/A	N/A	0%
Others	N/A	N/A	N/A	N/A	0%
Total	70.2	29.9	40.7	51.5	-9.8%

Top Suppliers of Frozen and Fresh or Chilled Skipjack Tuna to India in 2022:

Iran (28.0 tons)
Vietnam (2.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for frozen and fresh or chilled skipjack tuna in India. 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:

Country coverage:

India

Data coverage:

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

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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