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

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

The Indian market for frozen and fresh or chilled skipjack tuna skyrocketed to $X in 2022, jumping by X% against the previous year. Over the period under review, consumption, however, recorded a noticeable shrinkage. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Production of Frozen And Fresh Or Chilled Skipjack Tuna in India

In value terms, production of frozen and fresh or chilled skipjack tuna declined slightly to $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X%. Production of peaked 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 from India

In 2022, the amount of frozen and fresh or chilled skipjack tuna exported from India declined notably to X tons, reducing by X% compared with the year before. Overall, exports, however, showed a prominent increase. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. 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 fell dramatically to $X in 2022. Over the period under review, exports, however, recorded buoyant growth. 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. From 2019 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

Tunisia (X tons) was the main destination for exports of frozen and fresh or chilled skipjack tuna from India, with a X% share of total exports. Moreover, exports of frozen and fresh or chilled skipjack tuna to Tunisia exceeded the volume sent to the second major destination, Thailand (X tons), fivefold. Turkey (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Tunisia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (X% per year) and Turkey (X% per year).

In value terms, Tunisia ($X) remains the key foreign market for frozen and fresh or chilled skipjack tuna exports from India, comprising X% of total exports. The second position in the ranking was taken by Thailand ($X), with a X% share of total exports. It was followed by Turkey, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Tunisia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (X% per year) and Turkey (X% per year).

Export Prices by Country

The average export price for frozen and fresh or chilled skipjack tuna stood at $X per ton in 2022, surging by X% against the previous year. Overall, the export price, however, showed a perceptible descent. The most prominent rate of growth was recorded in 2015 when the average export price increased by X%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Algeria ($X per ton), while the average price for exports to Tunisia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (X%), while the prices for the other major destinations experienced a decline.

Imports of Frozen And Fresh Or Chilled Skipjack Tuna

Imports into India

In 2022, the amount of frozen and fresh or chilled skipjack tuna imported into India contracted rapidly to X tons, which is down by X% against 2021 figures. Over the period under review, imports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of X tons, and then fell markedly in the following year.

In value terms, imports of frozen and fresh or chilled skipjack tuna reduced dramatically to $X in 2022. In general, imports recorded a deep contraction. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then contracted sharply in the following year.

Imports by Country

In 2022, Iran (X tons) was the main supplier of frozen and fresh or chilled skipjack tuna to India, accounting for a X% share of total imports. Moreover, imports of frozen and fresh or chilled skipjack tuna from Iran exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), more than tenfold.

From 2014 to 2022, the average annual rate of growth in terms of volume from Iran stood at X%.

In value terms, Iran ($X) constituted the largest supplier of frozen and fresh or chilled skipjack tuna to India, comprising X% of total imports. The second position in the ranking was held by Vietnam ($X), with a X% share of total imports.

From 2014 to 2022, the average annual rate of growth in terms of value from Iran stood at X%.

Import Prices by Country

The average import price for frozen and fresh or chilled skipjack tuna stood at $X per ton in 2022, picking up by X% against the previous year. In general, the import price, however, continues to indicate a mild setback. The most prominent rate of growth was recorded in 2021 an increase of X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Iran ($X per ton), while the price for Vietnam totaled $X per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Iran (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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