Report Update Apr 1, 2024

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

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Italy: Frozen Yellowfin Tuna Market 2022

Frozen Yellowfin Tuna Market Size in Italy

The Italian frozen yellowfin tuna market surged to $X in 2020, rising by 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). Over the period under review, consumption enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2015 when the market value increased by X% against the previous year. Frozen yellowfin tuna consumption peaked in 2020 and is expected to retain growth in years to come.

Frozen Yellowfin Tuna Exports

Exports from Italy

In 2020, shipments abroad of frozen yellowfin tuna decreased by -X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, showed a perceptible expansion. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Exports peaked at X tons in 2015; however, from 2016 to 2020, exports failed to regain the momentum.

In value terms, frozen yellowfin tuna exports dropped dramatically to $X in 2020. In general, exports, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Exports peaked at $X in 2014; however, from 2015 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Spain (X tons) was the main destination for frozen yellowfin tuna exports from Italy, accounting for a X% share of total exports. Moreover, frozen yellowfin tuna exports to Spain exceeded the volume sent to the second major destination, Romania (X tons), twofold. The third position in this ranking was occupied by Vietnam (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Spain amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+X% per year) and Vietnam (X% per year).

In value terms, the largest markets for frozen yellowfin tuna exported from Italy were Spain ($X), Romania ($X) and Austria ($X), with a combined X% share of total exports.

Romania (+X% per year) saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average frozen yellowfin tuna export price stood at $X per ton in 2020, with an increase of X% against the previous year. Overall, the export price recorded a strong expansion. The most prominent rate of growth was recorded in 2010 when the average export price increased by X% against the previous year. The export price peaked in 2020 and is expected to retain growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Austria ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Hungary, while the prices for the other major destinations experienced more modest paces of growth.

Frozen Yellowfin Tuna Imports

Imports into Italy

In 2020, the amount of frozen yellowfin tuna imported into Italy soared to X tons, jumping by X% against the previous year's figure. In general, imports recorded resilient growth. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Imports peaked in 2020 and are likely to see gradual growth in the near future.

In value terms, frozen yellowfin tuna imports skyrocketed to $X in 2020. Over the period under review, imports recorded a buoyant increase. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. Imports peaked in 2020 and are likely to continue growth in the immediate term.

Imports by Country

The Philippines (X tons), Vietnam (X tons) and Papua New Guinea (X tons) were the main suppliers of frozen yellowfin tuna imports to Italy, together accounting for X% of total imports.

From 2007 to 2020, the biggest increases were in Papua New Guinea (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

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

From 2007 to 2020, the average annual growth rate of value from the Philippines amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+X% per year) and Spain (+X% per year).

Import Prices by Country

The average frozen yellowfin tuna import price stood at $X per ton in 2020, increasing by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 an increase of X% y-o-y. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Spain ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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, together comprising 37% of global consumption. Papua New Guinea, Vietnam, Japan, Italy, Panama, Seychelles, France, Mauritius, China and Indonesia lagged somewhat behind, together accounting 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, with a combined 41% share of global production.

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

In value terms, the Philippines constituted the largest supplier of frozen yellowfin tuna to Italy, comprising 39% of total imports. The second position in the ranking was occupied by Vietnam, with a 15% share of total imports. It was followed by Spain, with a 11% share.

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

In value terms, Spain, Romania and Austria appeared to be the largest markets for frozen yellowfin tuna exported from Italy worldwide, with a combined 69% share of total exports.

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

In 2020, the average frozen yellowfin tuna export price amounted to $6,144 per ton, surging by 48% against the previous year.

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

The average frozen yellowfin tuna import price stood at $2,791 per ton in 2020, surging by 8.2% against the previous year.

This report provides an in-depth analysis of the frozen yellowfin tuna market in Italy. 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:

Italy

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Italy
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

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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