Report Update Apr 1, 2024

Belgium - Bigeye Tuna - Market Analysis, Forecast, Size, Trends and Insights

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Belgium: Bigeye Tuna Market 2022

Bigeye Tuna Market Size in Belgium

The Belgian bigeye tuna market stood at $X in 2020, therefore, remained relatively stable against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a relatively flat trend pattern. Over the period under review, the market attained the maximum level in 2020 and is expected to retain growth in the near future.

Bigeye Tuna Exports

Exports from Belgium

In 2020, overseas shipments of bigeye tuna decreased by -X% to X tons, falling for the fifth consecutive year after three years of growth. Overall, exports recorded a sharp setback. The pace of growth was the most pronounced in 2015 with an increase of X% y-o-y. Over the period under review, exports attained the peak figure at X tons in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

In value terms, bigeye tuna exports plummeted to $X in 2020. Over the period under review, exports showed a abrupt contraction. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. Exports peaked at $X in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Spain (X tons) was the main destination for bigeye tuna exports from Belgium, accounting for a X% share of total exports. Moreover, bigeye tuna exports to Spain exceeded the volume sent to the second major destination, Ecuador (X kg), sevenfold.

From 2007 to 2020, the average annual growth rate of volume to Spain stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ecuador (X% per year) and the UK (-X% per year).

In value terms, Spain ($X), the UK ($X) and Ecuador ($X) constituted the largest markets for bigeye tuna exported from Belgium worldwide.

Among the main countries of destination, Ecuador recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average bigeye tuna export price stood at $X per ton in 2020, dropping by -X% against the previous year. In general, the export price, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by X% year-to-year. Over the period under review, average export prices hit record highs at $X per ton in 2019, and then contracted markedly in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was the UK ($X per ton), while the average price for exports to Ecuador ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Spain, while the prices for the other major destinations experienced mixed trend patterns.

Bigeye Tuna Imports

Imports into Belgium

In 2020, supplies from abroad of bigeye tuna decreased by -X% to X tons for the first time since 2015, thus ending a four-year rising trend. Overall, imports, however, enjoyed a resilient increase. The pace of growth was the most pronounced in 2013 when imports increased by X% y-o-y. Over the period under review, imports attained the maximum at X tons in 2019, and then shrank remarkably in the following year.

In value terms, bigeye tuna imports soared to $X in 2020. Over the period under review, imports, however, continue to indicate significant growth. The growth pace was the most rapid in 2013 when imports increased by X% y-o-y. Imports peaked in 2020 and are expected to retain growth in years to come.

Imports by Country

In 2020, Senegal (X tons) constituted the largest supplier of bigeye tuna to Belgium, accounting for a X% share of total imports. Moreover, bigeye tuna imports from Senegal exceeded the figures recorded by the second-largest supplier, the Netherlands (X kg), fourfold.

From 2007 to 2020, the average annual rate of growth in terms of volume from Senegal totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Portugal (X% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of bigeye tuna to Belgium, comprising X% of total imports. The second position in the ranking was occupied by Senegal ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value from the Netherlands stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Senegal (+X% per year) and Portugal (X% per year).

Import Prices by Country

The average bigeye tuna import price stood at $X per ton in 2020, picking up by X% against the previous year. Overall, the import price recorded a remarkable increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the Netherlands ($X per ton), while the price for Senegal ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Senegal, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for bigeye tuna in the world?

The countries with the highest volumes of bigeye tuna consumption in 2020 were Japan, Taiwan Chinese) and Thailand, with a combined 63% share of global consumption. These countries were followed by China, South Korea, Ecuador, France and Mauritius, which together accounted for a further 21%.

What are the largest producers of bigeye tuna in the world?

The countries with the highest volumes of bigeye tuna production in 2020 were Taiwan Chinese), China and South Korea, with a combined 69% share of global production. France, Ecuador, Panama, Indonesia, Oman and Singapore lagged somewhat behind, together comprising a further 21%.

What are the leading suppliers of bigeye tuna to Belgium?

In value terms, the Netherlands constituted the largest supplier of bigeye tuna to Belgium, comprising 69% of total imports. The second position in the ranking was occupied by Senegal, with a 27% share of total imports.

What are the leading importers of bigeye tuna from Belgium?

In value terms, the largest markets for bigeye tuna exported from Belgium were Spain, the UK and Ecuador $584).

What is the average export price for bigeye tuna in Belgium?

In 2020, the average bigeye tuna export price amounted to $3,480 per ton, reducing by -60.6% against the previous year.

What is the average import price for bigeye tuna in Belgium?

The average bigeye tuna import price stood at $7,444 per ton in 2020, jumping by 165% against the previous year.

This report provides an in-depth analysis of the bigeye tuna market in Belgium. 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:

Belgium

Data coverage:

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

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