EU: Market for Frozen And Fresh Or Chilled Skipjack Tuna 2024

Market Size for Frozen And Fresh Or Chilled Skipjack Tuna in the EU

After three years of growth, the EU market for frozen and fresh or chilled skipjack tuna decreased by X% to $X in 2022. The total consumption indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2015 indices. The level of consumption peaked at $X in 2021, and then declined in the following year.

Production of Frozen And Fresh Or Chilled Skipjack Tuna in the EU

In value terms, production of frozen and fresh or chilled skipjack tuna rose modestly to $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, production of attained the peak level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Exports of Frozen And Fresh Or Chilled Skipjack Tuna

Exports in the EU

In 2022, overseas shipments of frozen and fresh or chilled skipjack tuna decreased by X% to X tons, falling for the fourth consecutive year after three years of growth. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of frozen and fresh or chilled skipjack tuna amounted to $X in 2022. Over the period under review, exports showed a pronounced decrease. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Spain prevails in tuna structure, finishing at X tons, which was approx. X% of total exports in 2022. It was distantly followed by France (X tons), making up a X% share of total exports.

Spain was also the fastest-growing in terms of the frozen and fresh or chilled skipjack tuna exports, with a CAGR of X% from 2012 to 2022. France (X%) illustrated a downward trend over the same period. Spain (X p.p.) significantly strengthened its position in terms of the total exports, while France saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Spain ($X) remains the largest frozen and fresh or chilled skipjack tuna supplier in the European Union, comprising X% of total exports. The second position in the ranking was taken by France ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Spain was relatively modest.

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, increasing by X% against the previous year. In general, the export price, however, recorded a slight shrinkage. The pace of growth was the most pronounced in 2017 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per ton), while France totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%).

Imports of Frozen And Fresh Or Chilled Skipjack Tuna

Imports in the EU

In 2022, approx. X tons of frozen and fresh or chilled skipjack tuna were imported in the European Union; dropping by X% on the previous year. In general, imports showed a mild downturn. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, imports of frozen and fresh or chilled skipjack tuna contracted to $X in 2022. Over the period under review, imports recorded a perceptible contraction. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of import peaked at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

Spain represented the major importer of frozen and fresh or chilled skipjack tuna in the European Union, with the volume of imports resulting at X tons, which was approx. X% of total imports in 2022. It was distantly followed by Portugal (X tons), mixing up a X% share of total imports.

Imports into Spain decreased at an average annual rate of X% from 2012 to 2022. At the same time, Portugal (X%) displayed positive paces of growth. Moreover, Portugal emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. While the share of Portugal (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Spain (X p.p.) displayed negative dynamics.

In value terms, the largest frozen and fresh or chilled skipjack tuna importing markets in the European Union were Spain ($X) and Portugal ($X).

Portugal, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review.

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the import price, however, showed a noticeable shrinkage. The pace of growth appeared the most rapid in 2017 when the import price increased by X%. Over the period under review, import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Portugal ($X per ton), while Spain stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%).

Source: IndexBox Platform

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