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

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

In 2022, after four years of decline, there was significant growth in the Japanese market for frozen and fresh or chilled skipjack tuna, when its value increased by X% to $X. Overall, consumption, however, continues to indicate a abrupt contraction. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Frozen And Fresh Or Chilled Skipjack Tuna in Japan

In value terms, production of frozen and fresh or chilled skipjack tuna shrank modestly to $X in 2022 estimated in export price. Overall, production showed a abrupt curtailment. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, production of attained the maximum level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Exports of Frozen And Fresh Or Chilled Skipjack Tuna

Exports from Japan

In 2022, overseas shipments of frozen and fresh or chilled skipjack tuna decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports showed a abrupt slump. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, exports of frozen and fresh or chilled skipjack tuna contracted significantly to $X in 2022. Overall, exports showed a deep slump. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports of reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Thailand (X tons), Indonesia (X tons) and the Philippines (X tons) were the main destinations of exports of frozen and fresh or chilled skipjack tuna from Japan, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Philippines (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), Indonesia ($X) and the Philippines ($X) appeared to be the largest markets for frozen and fresh or chilled skipjack tuna exported from Japan worldwide, with a combined X% share of total exports.

Among the main countries of destination, the Philippines, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average export price for frozen and fresh or chilled skipjack tuna stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the export price, however, saw a slight decline. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the Philippines ($X per ton) and Vietnam ($X per ton), while the average price for exports to Thailand ($X per ton) and Indonesia ($X per ton) were amongst the lowest.

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

Imports of Frozen And Fresh Or Chilled Skipjack Tuna

Imports into Japan

After two years of decline, purchases abroad of frozen and fresh or chilled skipjack tuna increased by X% to X tons in 2022. Over the period under review, imports, however, showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of frozen and fresh or chilled skipjack tuna soared to $X in 2022. In general, imports, however, showed a noticeable reduction. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

In 2022, Indonesia (X tons) constituted the largest frozen and fresh or chilled skipjack tuna supplier to Japan, accounting for a X% share of total imports. Moreover, imports of frozen and fresh or chilled skipjack tuna from Indonesia exceeded the figures recorded by the second-largest supplier, Marshall Islands (X tons), more than tenfold. The third position in this ranking was taken by Maldives (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Indonesia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Marshall Islands (X% per year) and Maldives (X% per year).

In value terms, Indonesia ($X) constituted the largest supplier of frozen and fresh or chilled skipjack tuna to Japan, comprising X% of total imports. The second position in the ranking was held by Marshall Islands ($X), with a X% share of total imports. It was followed by Maldives, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Indonesia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Marshall Islands (X% per year) and Maldives (X% per year).

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, showed a mild decline. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% against the previous year. The import price peaked 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 supplying countries. In 2022, amid the top importers, the countries with the highest prices were Maldives ($X per ton) and Indonesia ($X per ton), while the price for Marshall Islands ($X per ton) and Brunei Darussalam ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brunei Darussalam (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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