Eastern Europe: Frozen Yellowfin Tuna Market 2022

Frozen Yellowfin Tuna Market Size in Eastern Europe

The East European frozen yellowfin tuna market was finally on the rise to reach $X in 2020, after three years of decline. In general, consumption showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. The level of consumption peaked at $X in 2016; however, from 2017 to 2020, consumption stood at a somewhat lower figure.

Frozen Yellowfin Tuna Production in Eastern Europe

In value terms, frozen yellowfin tuna production skyrocketed to $X in 2020 estimated in export prices. Overall, production continues to indicate a strong expansion. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Production By Country in Eastern Europe

The country with the largest volume of frozen yellowfin tuna production was Bulgaria (X tons), comprising approx. X% of total volume. Moreover, frozen yellowfin tuna production in Bulgaria exceeded the figures recorded by the second-largest producer, Russia (X tons), twofold. Romania (X tons) ranked third in terms of total production with a X% share.

In Bulgaria, frozen yellowfin tuna production expanded at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Russia (+X% per year) and Romania (-X% per year).

Frozen Yellowfin Tuna Exports

Exports in Eastern Europe

In 2020, the amount of frozen yellowfin tuna exported in Eastern Europe rose notably to X tons, picking up by X% compared with the year before. Overall, exports enjoyed a prominent expansion. The growth pace was the most rapid in 2019 with an increase of X% year-to-year. Over the period under review, exports hit record highs in 2020 and are expected to retain growth in the immediate term.

In value terms, frozen yellowfin tuna exports fell markedly to $X in 2020. In general, exports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2019 when exports increased by X% year-to-year. As a result, exports attained the peak of $X, and then declined notably in the following year.

Exports by Country

Russia represented the main exporter of frozen yellowfin tuna in Eastern Europe, with the volume of exports amounting to X tons, which was approx. X% of total exports in 2020. Lithuania (X tons) took the second position in the ranking, distantly followed by the Czech Republic (X tons) and Poland (X tons). All these countries together took approx. X% share of total exports. Estonia (X tons) followed a long way behind the leaders.

From 2007 to 2020, the biggest increases were in Lithuania, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Lithuania ($X) and Poland ($X) appeared to be the countries with the highest levels of exports in 2020, together comprising X% of total exports.

In terms of the main exporting countries, Lithuania saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The frozen yellowfin tuna export price in Eastern Europe stood at $X per ton in 2020, which is down by -X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the export price increased by X% y-o-y. The level of export peaked at $X per ton in 2014; however, from 2015 to 2020, export prices stood at a somewhat lower figure.

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

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

Frozen Yellowfin Tuna Imports

Imports in Eastern Europe

In 2020, approx. X tons of frozen yellowfin tuna were imported in Eastern Europe; waning by -X% on the year before. Over the period under review, imports, however, enjoyed a modest increase. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2017; however, from 2018 to 2020, imports failed to regain the momentum.

In value terms, frozen yellowfin tuna imports reduced dramatically to $X in 2020. In general, imports, however, continue to indicate a modest increase. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, imports reached the peak figure at $X in 2019, and then reduced sharply in the following year.

Imports by Country

In 2020, Poland (X tons), distantly followed by the Czech Republic (X tons), Lithuania (X tons), Ukraine (X tons), Romania (X tons) and Estonia (X tons) represented the major importers of frozen yellowfin tuna, together making up X% of total imports. Russia (X tons) occupied a little share of total imports.

From 2007 to 2020, the biggest increases were in Lithuania, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), the Czech Republic ($X) and Lithuania ($X) appeared to be the countries with the highest levels of imports in 2020, together comprising X% of total imports.

In terms of the main importing countries, Poland saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The frozen yellowfin tuna import price in Eastern Europe stood at $X per ton in 2020, with a decrease of -X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the import price increased by X% year-to-year. As a result, import price reached the peak level of $X per ton. from 2019 to 2020, the growth in terms of the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was the Czech Republic ($X per ton), while Lithuania ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Czech Republic, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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