Report Update May 1, 2024

Brazil - Frozen Skipjack Tuna - Market Analysis, Forecast, Size, Trends and Insights

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Brazil: Frozen Skipjack Tuna Market 2022

Frozen Skipjack Tuna Market Size in Brazil

In 2020, the Brazilian frozen skipjack tuna market decreased by -X% to $X, falling for the second consecutive year after two years of growth. In general, consumption saw a mild reduction. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Over the period under review, the market hit record highs at $X in 2008; however, from 2009 to 2020, consumption failed to regain the momentum.

Frozen Skipjack Tuna Production in Brazil

In value terms, frozen skipjack tuna production fell to $X in 2020 estimated in export prices. Overall, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2020, production stood at a somewhat lower figure.

Frozen Skipjack Tuna Exports

Exports from Brazil

In 2020, after four years of decline, there was significant growth in shipments abroad of frozen skipjack tuna, when their volume increased by X% to X tons. Overall, exports continue to indicate notable growth. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. As a result, exports attained the peak of X tons. from 2012 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, frozen skipjack tuna exports reduced to $X in 2020. In general, exports recorded a temperate expansion. The pace of growth appeared the most rapid in 2011 when exports increased by X% y-o-y. Over the period under review, exports reached the peak figure at $X in 2013; however, from 2014 to 2020, exports failed to regain the momentum.

Exports by Country

Ecuador (X tons) was the main destination for frozen skipjack tuna exports from Brazil, with a X% share of total exports. Moreover, frozen skipjack tuna exports to Ecuador exceeded the volume sent to the second major destination, Peru (X tons), twofold.

From 2007 to 2020, the average annual rate of growth in terms of volume to Ecuador totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (+X% per year) and Indonesia (X% per year).

In value terms, Ecuador ($X) remains the key foreign market for frozen skipjack tuna exports from Brazil, comprising X% of total exports. The second position in the ranking was occupied by Indonesia ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value to Ecuador amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (X% per year) and Peru (+X% per year).

Export Prices by Country

In 2020, the average frozen skipjack tuna export price amounted to $X per ton, shrinking by -X% against the previous year. Over the period under review, the export price continues to indicate a mild downturn. The pace of growth was the most pronounced in 2008 when the average export price increased by X% y-o-y. The export price peaked at $X per ton in 2013; however, from 2014 to 2020, export prices failed to regain the momentum.

Average prices varied somewhat for the major external markets. In 2020, the country with the highest price was Indonesia ($X per ton), while the average price for exports to Ecuador ($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 Peru, while the prices for the other major destinations experienced mixed trend patterns.

Frozen Skipjack Tuna Imports

Imports into Brazil

Frozen skipjack tuna imports into Brazil reduced markedly to X tons in 2020, which is down by -X% against the previous year's figure. Overall, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Imports peaked at X tons in 2015; however, from 2016 to 2020, imports remained at a lower figure.

In value terms, frozen skipjack tuna imports fell significantly to $X in 2020. In general, imports recorded a deep contraction. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Spain (X tons) was the main supplier of frozen skipjack tuna to Brazil, accounting for a approx. X% share of total imports.

From 2007 to 2020, the average annual growth rate of volume from Spain amounted to +X%.

In value terms, Spain ($X) constituted the largest supplier of frozen skipjack tuna to Brazil.

From 2007 to 2020, the average annual growth rate of value from Spain stood at +X%.

Import Prices by Country

In 2020, the average frozen skipjack tuna import price amounted to $X per ton, dropping by -X% against the previous year. Over the period under review, import price indicated a pronounced expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2019, and then shrank markedly in the following year.

As there is only one major supplying country, the average price level is determined by prices for Spain.

From 2007 to 2020, the rate of growth in terms of prices for Spain amounted to +X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen skipjack tuna in the world?

Thailand remains the largest frozen skipjack tuna consuming country worldwide, comprising approx. 42% of total volume. Moreover, frozen skipjack tuna consumption in Thailand exceeded the figures recorded by the second-largest consumer, Taiwan Chinese), threefold. The Philippines ranked third in terms of total consumption with a 7.6% share.

What are the largest producers of frozen skipjack tuna in the world?

The countries with the highest volumes of frozen skipjack tuna production in 2020 were Taiwan Chinese), South Korea and Spain, together comprising 51% of global production. Indonesia, Micronesia, France, China, India, Papua New Guinea, Panama and New Zealand lagged somewhat behind, together accounting for a further 42%.

What are the leading suppliers of frozen skipjack tuna to Brazil?

In value terms, Spain constituted the largest supplier of frozen skipjack tuna to Brazil.

What are the leading importers of frozen skipjack tuna from Brazil?

In value terms, Ecuador remains the key foreign market for frozen skipjack tuna exports from Brazil, comprising 51% of total exports. The second position in the ranking was occupied by Indonesia, with a 24% share of total exports.

What is the average export price for frozen skipjack tuna in Brazil?

The average frozen skipjack tuna export price stood at $1,055 per ton in 2020, declining by -23.6% against the previous year.

What is the average import price for frozen skipjack tuna in Brazil?

In 2020, the average frozen skipjack tuna import price amounted to $1,593 per ton, declining by -22.2% against the previous year.

This report provides an in-depth analysis of the frozen skipjack tuna market in Brazil. 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:

Brazil

Data coverage:

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

Reasons to buy this report:

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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