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

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

The MERCOSUR market for frozen and fresh or chilled skipjack tuna reduced slightly to $X in 2022, waning by X% against the previous year. Overall, consumption saw a noticeable shrinkage. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Frozen And Fresh Or Chilled Skipjack Tuna in MERCOSUR

In value terms, production of frozen and fresh or chilled skipjack tuna declined modestly to $X in 2022 estimated in export price. In general, production, however, showed a noticeable decrease. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, production of hit record highs at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Exports of Frozen And Fresh Or Chilled Skipjack Tuna

Exports in MERCOSUR

Exports of frozen and fresh or chilled skipjack tuna shrank significantly to X tons in 2022, which is down by X% against the year before. In general, exports showed a abrupt decrease. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, the exports of reached the peak figure at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of frozen and fresh or chilled skipjack tuna fell markedly to $X in 2022. Over the period under review, exports saw a deep contraction. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Venezuela represented the largest exporter of frozen and fresh or chilled skipjack tuna in MERCOSUR, with the volume of exports amounting to X tons, which was approx. X% of total exports in 2022. Colombia (X tons) ranks second in terms of the total exports with a X% share, followed by Brazil (X%) and Peru (X%). Ecuador (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Peru (with a CAGR of X%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Venezuela ($X), Colombia ($X) and Brazil ($X) appeared to be the countries with the highest levels of exports in 2022, together comprising X% of total exports. Ecuador and Peru lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, Peru, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per ton, rising by X% against the previous year. Overall, the export price, however, showed a noticeable downturn. The growth pace was the most rapid in 2021 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.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($X per ton), while Peru ($X per ton) was amongst the lowest.

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

Imports of Frozen And Fresh Or Chilled Skipjack Tuna

Imports in MERCOSUR

In 2022, approx. X tons of frozen and fresh or chilled skipjack tuna were imported in MERCOSUR; waning by X% on 2021. Over the period under review, imports faced a deep slump. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports of hit record highs at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of frozen and fresh or chilled skipjack tuna fell to $X in 2022. Overall, imports continue to indicate a noticeable downturn. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Ecuador (X tons) represented the main importer of frozen and fresh or chilled skipjack tuna, constituting X% of total imports. Peru (X tons) held the second position in the ranking, distantly followed by Colombia (X tons). All these countries together took near X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Colombia (with a CAGR of X%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest frozen and fresh or chilled skipjack tuna importing markets in MERCOSUR were Ecuador ($X), Peru ($X) and Colombia ($X), with a combined X% share of total imports.

In terms of the main importing countries, Colombia, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2022, increasing by X% against the previous year. Import price indicated a strong increase from 2012 to 2022: its price 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, import price for frozen and fresh or chilled skipjack tuna increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Colombia ($X per ton), while Ecuador ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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