Report Update Apr 1, 2024

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

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Brazil: Frozen Yellowfin Tuna Market 2022

Frozen Yellowfin Tuna Market Size in Brazil

In 2020, the Brazilian frozen yellowfin tuna market decreased by -X% to $X, falling for the second year in a row after three years of growth. Over the period under review, consumption showed a significant increase. The most prominent rate of growth was recorded in 2008 when the market value increased by X% y-o-y. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2020, consumption remained at a lower figure.

Frozen Yellowfin Tuna Production in Brazil

In value terms, frozen yellowfin tuna production rose sharply to $X in 2020 estimated in export prices. In general, production showed resilient growth. The pace of growth appeared the most rapid in 2012 with an increase of X% year-to-year. Frozen yellowfin tuna production peaked in 2020 and is likely to see steady growth in the immediate term.

Frozen Yellowfin Tuna Exports

Exports from Brazil

Frozen yellowfin tuna exports from Brazil fell notably to X tons in 2020, which is down by -X% against the previous year's figure. Overall, exports showed a precipitous shrinkage. The pace of growth appeared the most rapid in 2012 when exports increased by X% against the previous year. Exports peaked at X tons in 2007; however, from 2008 to 2020, exports remained at a lower figure.

In value terms, frozen yellowfin tuna exports dropped to $X in 2020. In general, exports saw a significant decline. The most prominent rate of growth was recorded in 2012 when exports increased by X% against the previous year. Exports peaked at $X in 2007; however, from 2008 to 2020, exports remained at a lower figure.

Exports by Country

Guatemala (X tons), Ecuador (X tons) and Vietnam (X kg) were the main destinations of frozen yellowfin tuna exports from Brazil, with a combined X% share of total exports.

From 2007 to 2020, the biggest increases were in Ecuador (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for frozen yellowfin tuna exported from Brazil were Guatemala ($X), Ecuador ($X) and Vietnam ($X), with a combined X% share of total exports.

Vietnam (+X% per year) saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average frozen yellowfin tuna export price amounted to $X per ton, growing by X% against the previous year. In general, the export price showed a buoyant increase. The most prominent rate of growth was recorded in 2012 when the average export price increased by X% year-to-year. Over the period under review, average export prices hit record highs in 2020 and is expected to retain growth in the immediate term.

Average prices varied somewhat for the major external markets. In 2020, the countries with the highest prices were Guyana ($X per ton) and Guatemala ($X per ton), while the average price for exports to Thailand ($X per ton) and Ecuador ($X per ton) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam, while the prices for the other major destinations experienced more modest paces of growth.

Frozen Yellowfin Tuna Imports

Imports into Brazil

In 2020, purchases abroad of frozen yellowfin tuna increased by X% to X tons, rising for the fourth year in a row after eight years of decline. In general, imports posted a remarkable increase. The pace of growth was the most pronounced in 2008 when imports increased by X% y-o-y. As a result, imports reached the peak of X tons. from 2009 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, frozen yellowfin tuna imports stood at $X in 2020. Over the period under review, imports saw a strong expansion. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. As a result, imports attained the peak of $X. from 2009 to 2020, the growth imports remained at a lower figure.

Imports by Country

In 2019, Costa Rica (X tons) was the main supplier of frozen yellowfin tuna to Brazil, with a approx. X% share of total imports.

From 2007 to 2019, the average annual rate of growth in terms of volume from Costa Rica stood at +X%.

In value terms, Costa Rica ($X) constituted the largest supplier of frozen yellowfin tuna to Brazil.

From 2007 to 2019, the average annual growth rate of value from Costa Rica stood at +X%.

Import Prices by Country

In 2019, the average frozen yellowfin tuna import price amounted to $X per ton, picking up by X% against the previous year. Overall, the import price, however, saw a noticeable curtailment. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% y-o-y. The import price peaked at $X per ton in 2007; however, from 2008 to 2019, import prices remained at a lower figure.

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

From 2007 to 2019, the rate of growth in terms of prices for Costa Rica amounted to -X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

The countries with the highest volumes of frozen yellowfin tuna consumption in 2020 were Thailand, Taiwan Chinese) and Spain, with a combined 37% share of global consumption. These countries were followed by Papua New Guinea, Vietnam, Japan, Italy, Panama, Seychelles, France, Mauritius, China and Indonesia, which together accounted for a further 46%.

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

The countries with the highest volumes of frozen yellowfin tuna production in 2020 were Taiwan Chinese), Papua New Guinea and France, with a combined 41% share of global production.

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

In value terms, Costa Rica constituted the largest supplier of frozen yellowfin tuna to Brazil.

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

In value terms, Guatemala, Ecuador and Vietnam appeared to be the largest markets for frozen yellowfin tuna exported from Brazil worldwide, together comprising 92% of total exports.

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

In 2020, the average frozen yellowfin tuna export price amounted to $4,878 per ton, with an increase of 11% against the previous year.

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

In 2019, the average frozen yellowfin tuna import price amounted to $2,400 per ton, picking up by 14% against the previous year.

This report provides an in-depth analysis of the frozen yellowfin 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:

Take advantage of the latest data
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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
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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