U.S. - Frozen Southern Bluefin Tuna - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Frozen Southern Bluefin Tuna in the United States - 2023
Contents:
- Price for Frozen Southern Bluefin Tuna in the United States (CIF) - 2022
- Price for Frozen Southern Bluefin Tuna in the United States (FOB) - 2022
- Imports of Frozen Southern Bluefin Tuna in the United States
- Exports of Frozen Southern Bluefin Tuna in the United States
Price for Frozen Southern Bluefin Tuna in the United States (CIF) - 2022
The average frozen southern bluefin tuna import price stood at $37,488 per ton in 2022, waning by -9.9% against the previous year. In general, the import price recorded a abrupt decline. The pace of growth appeared the most rapid in 2021 when the average import price increased by 26%. The import price peaked at $69,118 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($50,007 per ton), while the price for Indonesia ($28,031 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+14.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Frozen Southern Bluefin Tuna in the United States (FOB) - 2022
In 2022, the average frozen southern bluefin tuna export price amounted to $2,190 per ton, with a decrease of -8.7% against the previous year. Overall, the export price showed a abrupt contraction. The most prominent rate of growth was recorded in 2015 an increase of 123%. The export price peaked at $6,853 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Canada.
From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to -3.8% per year.
Imports of Frozen Southern Bluefin Tuna in the United States
In 2022, supplies from abroad of frozen southern bluefin tuna increased by 46% to 26 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, faced a abrupt shrinkage.
In value terms, frozen southern bluefin tuna imports surged to $963K in 2022. In general, imports, however, showed a abrupt decline.
| Import of Frozen Southern Bluefin Tuna in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 643 | 475 | 675 | 538 | -5.8% |
| Indonesia | 202 | 392 | N/A | 290 | 12.8% |
| South Korea | 50.0 | N/A | 25.6 | 135 | 39.2% |
| Croatia | 207 | N/A | N/A | N/A | 0% |
| Australia | 301 | 135 | 29.4 | N/A | -68.7% |
| Turkey | 122 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,526 | 1,002 | 730 | 963 | -14.2% |
Top Suppliers of Frozen Southern Bluefin Tuna to the United States in 2022:
- Japan (12.6 tons)
- Indonesia (10.4 tons)
- South Korea (2.7 tons)
Exports of Frozen Southern Bluefin Tuna in the United States
In 2022, overseas shipments of frozen southern bluefin tuna decreased by -85.9% to 2.6 tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports showed a sharp slump. The pace of growth was the most pronounced in 2021 with an increase of 71% against the previous year. As a result, the exports attained the peak of 18 tons, and then declined remarkably in the following year.
In value terms, frozen southern bluefin tuna exports dropped markedly to $5.6K in 2022. Overall, exports continue to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 84%. As a result, the exports reached the peak of $44K, and then declined significantly in the following year.
| Export of Frozen Southern Bluefin Tuna in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Canada | 23.8 | 43.7 | 5.6 | -51.5% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 23.8 | 43.7 | 5.6 | -51.5% | |
Top Export Markets for Frozen Southern Bluefin Tuna from the United States in 2022:
- Canada (2.6 tons)
This report provides an in-depth analysis of the market for frozen southern bluefin tuna in the U.S.. 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 2025.
Product coverage:
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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
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