Report Update Apr 1, 2024

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

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Canada: Frozen Yellowfin Tuna Market 2022

Frozen Yellowfin Tuna Market Size in Canada

The Canadian frozen yellowfin tuna market soared to $X in 2020, with an increase of X% 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). In general, consumption showed a remarkable increase. The most prominent rate of growth was recorded in 2018 when the market value increased by X% y-o-y. Frozen yellowfin tuna consumption peaked in 2020 and is likely to see gradual growth in the near future.

Frozen Yellowfin Tuna Exports

Exports from Canada

In 2020, shipments abroad of frozen yellowfin tuna increased by X% to X tons, rising for the second consecutive year after four years of decline. Overall, exports, however, saw a abrupt curtailment. Exports peaked at X tons in 2008; however, from 2009 to 2020, exports failed to regain the momentum.

In value terms, frozen yellowfin tuna exports skyrocketed to $X in 2020. In general, exports, however, recorded a noticeable downturn. Exports peaked at $X in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

Exports by Country

France (X tons) was the main destination for frozen yellowfin tuna exports from Canada, accounting for a X% share of total exports. Moreover, frozen yellowfin tuna exports to France exceeded the volume sent to the second major destination, Vietnam (X tons), fivefold.

From 2007 to 2020, the average annual rate of growth in terms of volume to France was relatively modest.

In value terms, France ($X) emerged as the key foreign market for frozen yellowfin tuna exports from Canada, comprising X% of total exports. The second position in the ranking was occupied by Vietnam ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value to France was relatively modest.

Export Prices by Country

The average frozen yellowfin tuna export price stood at $X per ton in 2020, reducing by -X% against the previous year. Overall, the export price, however, continues to indicate a resilient increase. The pace of growth appeared the most rapid in 2018 when the average export price increased by X% against the previous year. As a result, export price attained the peak level of $X per ton. from 2019 to 2020, the growth in terms of the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was France ($X per ton), while the average price for exports to Vietnam stood at $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam.

Frozen Yellowfin Tuna Imports

Imports into Canada

In 2020, the amount of frozen yellowfin tuna imported into Canada skyrocketed to X tons, jumping by X% on the previous year. Overall, imports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked in 2020 and are likely to continue growth in the immediate term.

In value terms, frozen yellowfin tuna imports skyrocketed to $X in 2020. Over the period under review, imports saw a buoyant expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2020 and are expected to retain growth in years to come.

Imports by Country

In 2020, Vietnam (X tons) constituted the largest frozen yellowfin tuna supplier to Canada, accounting for a X% share of total imports. Moreover, frozen yellowfin tuna imports from Vietnam exceeded the figures recorded by the second-largest supplier, Indonesia (X tons), sixfold. The third position in this ranking was occupied by the Philippines (X tons), with a X% share.

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: Indonesia (+X% per year) and the Philippines (+X% per year).

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

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: Indonesia (+X% per year) and the Philippines (+X% per year).

Import Prices by Country

In 2020, the average frozen yellowfin tuna import price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the import price, however, showed a mild curtailment. The pace of growth was the most pronounced in 2014 when the average import price increased by X% year-to-year. Over the period under review, average import prices reached the maximum at $X per ton in 2015; however, from 2016 to 2020, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2020, the countries with the highest prices were Vietnam ($X per ton) and Indonesia ($X per ton), while the price for China ($X per ton) and the Philippines ($X per ton) were 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 mixed trend patterns.

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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, together comprising 41% of global production.

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

In value terms, Vietnam constituted the largest supplier of frozen yellowfin tuna to Canada, comprising 78% of total imports. The second position in the ranking was occupied by Indonesia, with a 10% share of total imports. It was followed by the Philippines, with a 3.6% share.

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

In value terms, France emerged as the key foreign market for frozen yellowfin tuna exports from Canada, comprising 94% of total exports. The second position in the ranking was occupied by Vietnam, with a 6.2% share of total exports.

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

In 2020, the average frozen yellowfin tuna export price amounted to $5,361 per ton, shrinking by -8.9% against the previous year.

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

In 2020, the average frozen yellowfin tuna import price amounted to $2,914 per ton, rising by 5.2% against the previous year.

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

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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

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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