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Northern America - Bigeye Tuna - Market Analysis, Forecast, Size, Trends and Insights

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Northern America: Bigeye Tuna Market 2022

Bigeye Tuna Market Size in Northern America

The North American bigeye tuna market dropped sharply to $X in 2020, reducing by -X% against the previous year. In general, consumption showed a abrupt downturn. The most prominent rate of growth was recorded in 2014 when the market value increased by X% against the previous year. The level of consumption peaked at $X in 2019, and then contracted significantly in the following year.

Bigeye Tuna Production in Northern America

In value terms, bigeye tuna production totaled $X in 2020 estimated in export prices. The total production indicated a notable increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2018 indices. The growth pace was the most rapid in 2014 with an increase of X% year-to-year. As a result, production reached the peak level of $X. from 2015 to 2020, production growth failed to regain the momentum.

Production By Country in Northern America

The U.S. (X tons) constituted the country with the largest volume of bigeye tuna production, comprising approx. X% of total volume.

From 2007 to 2020, the average annual growth rate of volume in the U.S. was relatively modest.

Bigeye Tuna Exports

Exports in Northern America

After two years of growth, shipments abroad of bigeye tuna decreased by -X% to X kg in 2020. Over the period under review, exports recorded a precipitous descent. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2020, exports remained at a lower figure.

In value terms, bigeye tuna exports plummeted to $X in 2020. Overall, exports recorded a deep reduction. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. Over the period under review, exports hit record highs at $X in 2012; however, from 2013 to 2020, exports remained at a lower figure.

Exports by Country

The biggest shipments were from the U.S. (X kg), together reaching X% of total export.

The U.S. was also the fastest-growing in terms of the bigeye tuna exports, with a CAGR of -X% from 2007 to 2020. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) also remains the largest bigeye tuna supplier in Northern America.

From 2007 to 2020, the average annual rate of growth in terms of value in the U.S. amounted to -X%.

Export Prices by Country

The bigeye tuna export price in Northern America stood at $X per ton in 2020, increasing by X% against the previous year. In general, the export price recorded significant growth. As a result, export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the U.S..

From 2007 to 2020, the rate of growth in terms of prices for the U.S. amounted to +X% per year.

Bigeye Tuna Imports

Imports in Northern America

In 2020, the amount of bigeye tuna imported in Northern America dropped rapidly to X tons, with a decrease of -X% compared with the previous year's figure. Overall, imports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Over the period under review, imports attained the maximum at X tons in 2019, and then contracted markedly in the following year.

In value terms, bigeye tuna imports fell markedly to $X in 2020. In general, imports faced a abrupt setback. The most prominent rate of growth was recorded in 2019 when imports increased by X% year-to-year. As a result, imports reached the peak of $X, and then contracted dramatically in the following year.

Imports by Country

In 2020, Canada (X tons) represented the major importer of bigeye tuna, mixing up X% of total imports. It was distantly followed by the U.S. (X tons), creating a X% share of total imports.

Canada experienced a relatively flat trend pattern with regard to volume of imports of bigeye tuna. the U.S. (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of Canada increased by +X% percentage points, while the U.S. (-X p.p.) saw their share reduced.

In value terms, Canada ($X) constitutes the largest market for imported bigeye tuna in Northern America, comprising X% of total imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value in Canada totaled -X%.

Import Prices by Country

The bigeye tuna import price in Northern America stood at $X per ton in 2020, growing by X% against the previous year. Over the period under review, the import price, however, continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2010 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2007; however, from 2008 to 2020, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2020, the country with the highest price was Canada ($X per ton), while the U.S. totaled $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S..

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Frequently Asked Questions (FAQ) :

What are the largest markets for bigeye tuna in Northern America?

Canada constituted the country with the largest volume of bigeye tuna consumption, comprising approx. 71% of total volume. Moreover, bigeye tuna consumption in Canada exceeded the figures recorded by the second-largest consumer, the U.S., twofold.

What are the largest producers of bigeye tuna in Northern America?

The country with the largest volume of bigeye tuna production was the U.S., comprising approx. 100% of total volume.

What are the leading suppliers of bigeye tuna in Northern America?

In value terms, the U.S. remains the largest bigeye tuna supplier in Northern America.

What are the leading importers of bigeye tuna in Northern America?

In value terms, Canada constitutes the largest market for imported bigeye tuna in Northern America, comprising 82% of total imports. The second position in the ranking was occupied by the U.S., with a 18% share of total imports.

What is the average export price for bigeye tuna in Northern America?

The bigeye tuna export price in Northern America stood at $34,065 per ton in 2020, growing by 1,402% against the previous year.

What is the average import price for bigeye tuna in Northern America?

The bigeye tuna import price in Northern America stood at $2,758 per ton in 2020, increasing by 6.4% against the previous year.

This report provides an in-depth analysis of the bigeye tuna market in Northern America. 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:

Bermuda
Canada
Greenland
Saint Pierre and Miquelon
United States

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Northern America, split by region and country
Trade (exports and imports) in Northern America
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

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. CONSUMPTION BY COUNTRY
3. 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
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
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
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Bermuda
- Canada
- Greenland
- Saint Pierre and Miquelon
- United States
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, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023