Report Update May 1, 2024

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

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Canada: Frozen Skipjack Tuna Market 2022

Frozen Skipjack Tuna Market Size in Canada

In 2020, the Canadian frozen skipjack tuna market decreased by -X% to $X, falling for the second consecutive year after two years of growth. In general, consumption, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2009 when the market value increased by X% year-to-year. Frozen skipjack tuna consumption peaked at $X in 2018; however, from 2019 to 2020, consumption failed to regain the momentum.

Frozen Skipjack Tuna Exports

Exports from Canada

In 2020, overseas shipments of frozen skipjack tuna decreased by -X% to X tons, falling for the eighth year in a row after three years of growth. Overall, exports continue to indicate a deep setback. The growth pace was the most rapid in 2012 with an increase of X% y-o-y. Exports peaked at X tons in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

In value terms, frozen skipjack tuna exports dropped to $X in 2020. In general, exports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2012 with an increase of X% year-to-year. Exports peaked at $X in 2007; however, from 2008 to 2020, exports remained at a lower figure.

Exports by Country

Vietnam (X tons) was the main destination for frozen skipjack tuna exports from Canada, accounting for a approx. X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to Vietnam totaled +X%.

In value terms, Vietnam ($X) also remains the key foreign market for frozen skipjack tuna exports from Canada.

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

Export Prices by Country

The average frozen skipjack tuna export price stood at $X per ton in 2020, growing by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2009 when the average export price increased by X% year-to-year. Over the period under review, average export prices attained the maximum in 2020 and is likely to continue growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Vietnam.

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

Frozen Skipjack Tuna Imports

Imports into Canada

In 2020, supplies from abroad of frozen skipjack tuna decreased by -X% to X tons, falling for the second year in a row after three years of growth. In general, imports, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. Imports peaked at X tons in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

In value terms, frozen skipjack tuna imports dropped sharply to $X in 2020. Overall, imports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Vietnam (X tons) constituted the largest supplier of frozen skipjack tuna to Canada, accounting for a X% share of total imports. Moreover, frozen skipjack tuna imports from Vietnam exceeded the figures recorded by the second-largest supplier, Japan (X tons), threefold.

From 2007 to 2020, the average annual growth rate of volume from Vietnam amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+X% per year) and the U.S. (+X% per year).

In value terms, Vietnam ($X) constituted the largest supplier of frozen skipjack tuna to Canada, comprising X% of total imports. The second position in the ranking was occupied by Japan ($X), with a X% share of total imports.

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

Import Prices by Country

In 2020, the average frozen skipjack tuna import price amounted to $X per ton, almost unchanged from the previous year. Overall, the import price showed a mild shrinkage. The most prominent rate of growth was recorded in 2010 an increase of X% y-o-y. Over the period under review, average import prices reached the peak figure at $X per ton in 2011; however, from 2012 to 2020, import prices failed to regain the momentum.

Average prices varied noticeably amongst the major supplying countries. In 2020, the country with the highest price was Vietnam ($X per ton), while the price for the U.S. ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Vietnam, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

The country with the largest volume of frozen skipjack tuna consumption was Thailand, accounting for 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. These countries were followed by Indonesia, Micronesia, France, China, India, Papua New Guinea, Panama and New Zealand, which together accounted for a further 42%.

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

In value terms, Vietnam constituted the largest supplier of frozen skipjack tuna to Canada, comprising 76% of total imports. The second position in the ranking was occupied by Japan, with a 22% share of total imports.

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

In value terms, Vietnam remains the key foreign market for frozen skipjack tuna exports from Canada.

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

In 2020, the average frozen skipjack tuna export price amounted to $1,925 per ton, with an increase of 3.4% against the previous year.

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

In 2020, the average frozen skipjack tuna import price amounted to $1,529 per ton, remaining stable against the previous year.

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

Canada

Data coverage:

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