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

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

In 2022, the MENA's market for frozen and fresh or chilled skipjack tuna increased by X% to $X, rising for the second year in a row after two years of decline. In general, consumption showed a strong expansion. The level of consumption peaked in 2022 and is expected to retain growth in the immediate term.

Production of Frozen And Fresh Or Chilled Skipjack Tuna in MENA

In value terms, production of frozen and fresh or chilled skipjack tuna soared to $X in 2022 estimated in export price. Overall, production showed a resilient increase. The growth pace was the most rapid in 2020 with an increase of X%. As a result, production reached the peak level of $X. From 2021 to 2022, production of growth remained at a somewhat lower figure.

Exports of Frozen And Fresh Or Chilled Skipjack Tuna

Exports in MENA

In 2022, exports of frozen and fresh or chilled skipjack tuna in MENA soared to X tons, growing by X% compared with the previous year. In general, exports recorded a temperate expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of frozen and fresh or chilled skipjack tuna skyrocketed to $X in 2022. Overall, exports showed a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United Arab Emirates was the major exporter of frozen and fresh or chilled skipjack tuna in MENA, with the volume of exports reaching X tons, which was near X% of total exports in 2022. It was distantly followed by Morocco (X tons), comprising a X% share of total exports. Oman (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to frozen and fresh or chilled skipjack tuna exports from the United Arab Emirates stood at X%. At the same time, Morocco (X%) and Oman (X%) displayed positive paces of growth. Moreover, Morocco emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Morocco increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) emerged as the largest frozen and fresh or chilled skipjack tuna supplier in MENA, comprising X% of total exports. The second position in the ranking was held by Morocco ($X), with a X% share of total exports.

In the United Arab Emirates, exports of frozen and fresh or chilled skipjack tuna expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Morocco (X% per year) and Oman (X% per year).

Export Prices by Country

In 2022, the export price in MENA amounted to $X per ton, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2013 an increase of X%. Over the period under review, the export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Oman ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced a decline in the export price figures.

Imports of Frozen And Fresh Or Chilled Skipjack Tuna

Imports in MENA

In 2022, approx. X tons of frozen and fresh or chilled skipjack tuna were imported in MENA; increasing by X% compared with the previous year. Overall, imports recorded prominent growth. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, imports of frozen and fresh or chilled skipjack tuna skyrocketed to $X in 2022. Total imports indicated a prominent 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, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

Tunisia was the largest importing country with an import of about X tons, which finished at X% of total imports. Turkey (X tons) ranks second in terms of the total imports with a X% share, followed by Morocco (X%) and Iran (X%). The United Arab Emirates (X tons) followed a long way behind the leaders.

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

In value terms, the largest frozen and fresh or chilled skipjack tuna importing markets in MENA were Tunisia ($X), Turkey ($X) and Morocco ($X), together accounting for X% of total imports.

Among the main importing countries, Morocco, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in MENA stood at $X per ton in 2022, picking up by X% against the previous year. In general, the import price, however, recorded a mild setback. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2022, major importing countries recorded the following prices: in the United Arab Emirates ($X per ton) and Morocco ($X per ton), while Tunisia ($X per ton) and Turkey ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :