Africa: Market for Frozen And Fresh Or Chilled Skipjack Tuna 2024

Market Size for Frozen And Fresh Or Chilled Skipjack Tuna in Africa

For the third consecutive year, the African market for frozen and fresh or chilled skipjack tuna recorded growth in sales value, which increased by X% to $X in 2022. Overall, consumption saw strong growth. The level of consumption peaked in 2022 and is likely to see steady growth in the immediate term.

Production of Frozen And Fresh Or Chilled Skipjack Tuna in Africa

In value terms, production of frozen and fresh or chilled skipjack tuna amounted to $X in 2022 estimated in export price. Over the period under review, production saw a prominent increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production of growth remained at a somewhat lower figure.

Exports of Frozen And Fresh Or Chilled Skipjack Tuna

Exports in Africa

In 2022, approx. X tons of frozen and fresh or chilled skipjack tuna were exported in Africa; with an increase of X% on 2021. Total exports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when exports increased by X%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of frozen and fresh or chilled skipjack tuna soared to $X in 2022. Total exports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, Senegal (X tons), distantly followed by Seychelles (X tons), Ghana (X tons) and Guinea (X tons) represented the key exporters of frozen and fresh or chilled skipjack tuna, together committing X% of total exports. The following exporters - Morocco (X tons) and Liberia (X tons) - each reached a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Seychelles (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest frozen and fresh or chilled skipjack tuna supplying countries in Africa were Senegal ($X), Seychelles ($X) and Ghana ($X), together accounting for X% of total exports.

Among the main exporting countries, Seychelles, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, picking up by X% against the previous year. Overall, the export price, however, recorded a perceptible descent. The most prominent rate of growth was recorded in 2017 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Morocco ($X per ton) and Ghana ($X per ton), while Liberia ($X per ton) and Senegal ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Senegal (X%), while the other leaders experienced a decline in the export price figures.

Imports of Frozen And Fresh Or Chilled Skipjack Tuna

Imports in Africa

Imports of frozen and fresh or chilled skipjack tuna rose notably to X tons in 2022, growing by X% on 2021 figures. Total imports indicated a resilient expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The volume of import peaked in 2022 and is likely to continue growth in the near future.

In value terms, imports of frozen and fresh or chilled skipjack tuna surged to $X in 2022. Total imports indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

In 2022, Mauritius (X tons) represented the main importer of frozen and fresh or chilled skipjack tuna, achieving X% of total imports. Tunisia (X tons) took the second position in the ranking, distantly followed by Morocco (X tons), Madagascar (X tons), Cote d'Ivoire (X tons) and Seychelles (X tons). All these countries together held near X% share of total imports. Cabo Verde (X tons) held a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Cabo Verde (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Mauritius ($X), Tunisia ($X) and Morocco ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Madagascar, Cote d'Ivoire, Seychelles and Cabo Verde lagged somewhat behind, together accounting for a further X%.

Cabo Verde, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Africa stood at $X per ton in 2022, surging by X% against the previous year. In general, the import price, however, saw a perceptible downturn. The growth pace was the most rapid in 2017 an increase of X% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Morocco ($X per ton), while Cote d'Ivoire ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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