Thailand - Frozen And Fresh Or Chilled Skipjack Tuna - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Frozen and Fresh or Chilled Skipjack Tuna in Thailand - 2023
Contents:
- Price for Frozen and Fresh or Chilled Skipjack Tuna in Thailand (CIF) - 2023
- Price for Frozen and Fresh or Chilled Skipjack Tuna in Thailand (FOB) - 2022
- Imports of Frozen and Fresh or Chilled Skipjack Tuna in Thailand
- Exports of Frozen and Fresh or Chilled Skipjack Tuna in Thailand
Price for Frozen and Fresh or Chilled Skipjack Tuna in Thailand (CIF) - 2023
The average import price for frozen and fresh or chilled skipjack tuna stood at $1,939 per ton in November 2023, which is down by -2.3% against the previous month. In general, the import price, however, showed a modest increase. The most prominent rate of growth was recorded in February 2023 an increase of 34% month-to-month. Over the period under review, average import prices attained the maximum at $2,010 per ton in July 2023; however, from August 2023 to November 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In November 2023, the countries with the highest prices were Taiwan (Chinese) ($2,031 per ton) and Papua New Guinea ($2,014 per ton), while the price for Micronesia ($1,854 per ton) and Kiribati ($1,910 per ton) were amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Seychelles (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Frozen and Fresh or Chilled Skipjack Tuna in Thailand (FOB) - 2022
The average export price for frozen and fresh or chilled skipjack tuna stood at $1,679 per ton in 2022, surging by 12% against the previous year. Over the period under review, the export price, however, showed a slight shrinkage. The pace of growth was the most pronounced in 2016 when the average export price increased by 19%. The export price peaked at $2,027 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Costa Rica ($1,741 per ton), while the average price for exports to Bangladesh ($128 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 Costa Rica (+0.5%), while the prices for the other major destinations experienced a decline.
Imports of Frozen and Fresh or Chilled Skipjack Tuna in Thailand
Imports of frozen and fresh or chilled skipjack tuna into Thailand rose rapidly to 541K tons in 2022, surging by 8.6% on the previous year. The total import volume increased at an average annual rate of +5.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 32% against the previous year. As a result, imports reached the peak of 611K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of frozen and fresh or chilled skipjack tuna skyrocketed to $892M in 2022. The total import value increased at an average annual rate of +12.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 34% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Frozen and Fresh or Chilled Skipjack Tuna in Thailand (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Taiwan (Chinese) | 104 | 156 | 130 | 158 | 15.0% |
Micronesia | 87.0 | 96.3 | 124 | 139 | 16.9% |
Nauru | 10.2 | 71.2 | 72.4 | 99.3 | 113.5% |
Vanuatu | 13.8 | 64.6 | 42.1 | 79.3 | 79.1% |
Maldives | 47.3 | 53.6 | 62.5 | 78.0 | 18.1% |
South Korea | 102 | 88.2 | 71.3 | 74.3 | -10.0% |
Kiribati | 43.1 | 62.1 | 48.9 | 56.2 | 9.2% |
Tuvalu | 8.0 | 6.7 | 13.2 | 47.8 | 81.5% |
Marshall Islands | 28.1 | 39.1 | 34.6 | 41.4 | 13.8% |
Papua New Guinea | 37.8 | 6.3 | N/A | 14.5 | -27.3% |
Japan | 25.1 | 26.8 | 46.1 | 11.9 | -22.0% |
United States | 43.2 | 33.9 | 9.3 | N/A | -53.6% |
Others | 70.6 | 128 | 36.5 | 91.3 | 8.9% |
Total | 620 | 833 | 692 | 892 | 12.9% |
Top Suppliers of Frozen and Fresh or Chilled Skipjack Tuna to Thailand in 2022:
- Taiwan (Chinese) (97.3K tons)
- Micronesia (85.3K tons)
- Nauru (61.0K tons)
- Vanuatu (47.5K tons)
- South Korea (45.0K tons)
- Maldives (44.2K tons)
- Kiribati (34.0K tons)
- Tuvalu (27.9K tons)
- Marshall Islands (27.3K tons)
- Papua New Guinea (9.1K tons)
- Japan (6.6K tons)
Exports of Frozen and Fresh or Chilled Skipjack Tuna in Thailand
In 2022, shipments abroad of frozen and fresh or chilled skipjack tuna decreased by -95.1% to 55 tons, falling for the second year in a row after two years of growth. In general, exports faced a abrupt descent. The pace of growth was the most pronounced in 2020 with an increase of 2,201%. As a result, the exports attained the peak of 2.3K 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 reduced rapidly to $93K in 2022. Over the period under review, exports showed a abrupt decline. The pace of growth appeared the most rapid in 2020 when exports increased by 2,445% against the previous year. As a result, the exports attained the peak of $3.4M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
Export of Frozen and Fresh or Chilled Skipjack Tuna in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Costa Rica | N/A | 517 | 259 | 83.6 | -59.8% |
Japan | 85.7 | N/A | N/A | 8.8 | -53.2% |
Bangladesh | N/A | N/A | N/A | 0.2 | 0% |
Vietnam | N/A | 898 | N/A | N/A | 0% |
Indonesia | N/A | 319 | 958 | N/A | 200.3% |
Seychelles | N/A | 1,673 | 473 | N/A | -71.7% |
Others | 49.0 | 20.9 | N/A | N/A | -57.3% |
Total | 135 | 3,428 | 1,690 | 92.6 | -11.8% |
Top Export Markets for Frozen and Fresh or Chilled Skipjack Tuna from Thailand in 2022:
- Costa Rica (48.0 tons)
- Japan (5.6 tons)
- Bangladesh (1.6 tons)
This report provides an in-depth analysis of the market for frozen and fresh or chilled skipjack tuna in Thailand. 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:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- 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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