Report Update: May 1, 2024

Peru - 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 Peru - 2022

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

The average import price for frozen and fresh or chilled skipjack tuna stood at $1,653 per ton in 2022, surging by 7.3% against the previous year. Overall, the import price, however, continues to indicate a slight curtailment. The most prominent rate of growth was recorded in 2017 when the average import price increased by 39% against the previous year. Over the period under review, average import prices reached the peak figure at $2,142 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Seychelles ($1,969 per ton), while the price for Ecuador ($978 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Seychelles (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Frozen and Fresh or Chilled Skipjack Tuna in Peru (FOB) - 2022

In 2022, the average export price for frozen and fresh or chilled skipjack tuna amounted to $1,140 per ton, picking up by 136% against the previous year. Overall, the export price, however, saw a noticeable contraction. The export price peaked at $1,859 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bulgaria ($1,686 per ton), while the average price for exports to Ecuador ($453 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+5.8%), while the prices for the other major destinations experienced a decline.

Imports of Frozen and Fresh or Chilled Skipjack Tuna in Peru

Imports of frozen and fresh or chilled skipjack tuna into Peru shrank slightly to 16K tons in 2022, with a decrease of -2.4% against the previous year. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 12% against the previous year. As a result, imports reached the peak of 17K tons, and then contracted modestly in the following year.

In value terms, imports of frozen and fresh or chilled skipjack tuna expanded modestly to $27M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +5.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.3% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 46% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.

Import of Frozen and Fresh or Chilled Skipjack Tuna in Peru (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	N/A	N/A	N/A	3.5	0%
Spain	3.0	1.9	1.7	3.3	3.2%
Guatemala	N/A	N/A	N/A	1.2	0%
Seychelles	0.4	N/A	0.2	0.9	31.0%
Ghana	0.2	N/A	N/A	0.8	58.7%
Curacao	N/A	N/A	N/A	0.7	0%
Nicaragua	N/A	N/A	N/A	0.7	0%
Ecuador	4.0	4.7	0.6	0.5	-50.0%
Morocco	N/A	N/A	N/A	0.4	0%
South Korea	0.9	N/A	0.4	N/A	-33.3%
Senegal	2.0	N/A	0.8	N/A	-36.8%
Democratic People's Republic of Korea	0.7	N/A	N/A	N/A	0%
Others	12.1	11.0	22.1	15.0	7.4%
Total	23.3	17.6	25.8	27.0	5.0%

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

United States (2.1K tons)
Spain (1.8K tons)
Guatemala (0.7K tons)
Ghana (0.5K tons)
Seychelles (0.5K tons)
Ecuador (0.5K tons)
Curacao (0.4K tons)
Nicaragua (0.4K tons)
Morocco (0.3K tons)

Exports of Frozen and Fresh or Chilled Skipjack Tuna in Peru

In 2022, overseas shipments of frozen and fresh or chilled skipjack tuna decreased by -61.4% to 363 tons, falling for the second year in a row after two years of growth. Over the period under review, exports showed a dramatic downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 0.7%. As a result, the exports reached the peak of 987 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of frozen and fresh or chilled skipjack tuna contracted to $414K in 2022. Overall, exports showed a dramatic descent.

Export of Frozen and Fresh or Chilled Skipjack Tuna in Peru (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Vietnam	N/A	N/A	N/A	245	0%
Russia	N/A	N/A	N/A	64.0	0%
Ecuador	N/A	551	389	61.5	-66.6%
Bulgaria	N/A	N/A	N/A	43.8	0%
Spain	1,359	348	37.7	N/A	-83.3%
Others	N/A	N/A	27.9	N/A	0%
Total	1,359	899	455	414	-32.7%

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

Vietnam (153.7 tons)
Ecuador (135.8 tons)
Russia (48.0 tons)
Bulgaria (26.0 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 Peru. 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:

Peru

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Peru
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

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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
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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