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

Market Size for Frozen And Fresh Or Chilled Skipjack Tuna in Europe

After three years of growth, the Europe market for frozen and fresh or chilled skipjack tuna decreased by X% to $X in 2022. The total consumption indicated a temperate expansion 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 shrank modestly in the following year.

Production of Frozen And Fresh Or Chilled Skipjack Tuna in Europe

In value terms, production of frozen and fresh or chilled skipjack tuna expanded slightly to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, production of reached the maximum 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 Europe

In 2022, overseas shipments of frozen and fresh or chilled skipjack tuna decreased by X% to X tons, falling for the fourth year in a row after three years of growth. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced 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 rose sharply to $X in 2022. Over the period under review, exports saw a pronounced decline. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, the exports of attained the maximum at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Spain dominates tuna structure, accounting for X tons, which was near X% of total exports in 2022. It was distantly followed by France (X tons), comprising 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 ($X) remains the largest frozen and fresh or chilled skipjack tuna supplier in Europe, comprising X% of total exports. The second position in the ranking was taken by France ($X), with a X% share of total exports.

In Spain, exports of frozen and fresh or chilled skipjack tuna remained relatively stable over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Europe amounted to $X per ton, surging by X% against the previous year. In general, the export price, however, showed a mild decline. The growth pace was the most rapid in 2017 when the export price increased by X%. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a 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 amounted to $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 Europe

Imports of frozen and fresh or chilled skipjack tuna fell notably to X tons in 2022, reducing by X% compared with 2021. In general, imports saw a mild decline. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, imports of attained the peak figure 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 fell to $X in 2022. Over the period under review, imports recorded a perceptible reduction. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports of hit record highs at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Spain was the largest importer of frozen and fresh or chilled skipjack tuna in Europe, with the volume of imports amounting to X tons, which was approx. X% of total imports in 2022. It was distantly followed by Portugal (X tons), comprising 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 Europe, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Portugal increased by X percentage points.

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

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

Import Prices by Country

In 2022, the import price in Europe amounted to $X per ton, picking up by X% against the previous year. In general, the import price, however, continues to indicate a noticeable decrease. The pace of growth appeared the most rapid in 2017 when the import price increased by X%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 totaled $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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