Report Update May 1, 2024

Portugal - Frozen Skipjack Tuna - Market Analysis, Forecast, Size, Trends and Insights

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Portugal: Frozen Skipjack Tuna Market 2022

Frozen Skipjack Tuna Market Size in Portugal

After two years of decline, the Portuguese frozen skipjack tuna market increased by X% to $X in 2020. Overall, consumption, however, showed a pronounced curtailment. The most prominent rate of growth was recorded in 2008 when the market value increased by X% y-o-y. Frozen skipjack tuna consumption peaked at $X in 2009; however, from 2010 to 2020, consumption stood at a somewhat lower figure.

Frozen Skipjack Tuna Exports

Exports from Portugal

In 2020, shipments abroad of frozen skipjack tuna decreased by -X% to X kg for the first time since 2017, thus ending a two-year rising trend. In general, exports showed a sharp decrease. The pace of growth was the most pronounced in 2015 when exports increased by X% year-to-year. As a result, exports attained the peak of X tons. from 2016 to 2020, the growth exports failed to regain the momentum.

In value terms, frozen skipjack tuna exports reduced markedly to $X in 2020. Over the period under review, exports saw a dramatic decrease. The growth pace was the most rapid in 2015 with an increase of X% y-o-y. Over the period under review, exports attained the maximum at $X in 2019, and then shrank rapidly in the following year.

Exports by Country

Iceland (X kg) was the main destination for frozen skipjack tuna exports from Portugal, accounting for a X% share of total exports. Moreover, frozen skipjack tuna exports to Iceland exceeded the volume sent to the second major destination, Switzerland (X kg), more than tenfold.

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

In value terms, the largest markets for frozen skipjack tuna exported from Portugal were Iceland ($X) and Switzerland ($X recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2020, the average frozen skipjack tuna export price amounted to $X per ton, reducing by -X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of X% y-o-y. As a result, export price attained the peak level of $X per ton. from 2017 to 2020, the growth in terms of the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Switzerland ($X per ton), while the average price for exports to Iceland amounted to $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland.

Frozen Skipjack Tuna Imports

Imports into Portugal

In 2020, supplies from abroad of frozen skipjack tuna decreased by -X% to X tons, falling for the fourth consecutive year after two years of growth. Over the period under review, imports showed a deep reduction. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Over the period under review, imports hit record highs at X tons in 2009; however, from 2010 to 2020, imports stood at a somewhat lower figure.

In value terms, frozen skipjack tuna imports stood at $X in 2020. Overall, imports showed a perceptible slump. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. As a result, imports reached the peak of $X. from 2009 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2020, Spain (X tons) constituted the largest frozen skipjack tuna supplier to Portugal, with a X% share of total imports. Moreover, frozen skipjack tuna imports from Spain exceeded the figures recorded by the second-largest supplier, France (X tons), fivefold.

From 2007 to 2020, the average annual rate of growth in terms of volume from Spain amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Seychelles (+X% per year).

In value terms, Spain ($X), France ($X) and Seychelles ($X) appeared to be the largest frozen skipjack tuna suppliers to Portugal, with a combined X% share of total imports.

In terms of the main suppliers, Seychelles (+X% per year) recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2020, the average frozen skipjack tuna import price amounted to $X per ton, with an increase of X% against the previous year. In general, import price indicated noticeable growth from 2007 to 2020: its price 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. The growth pace was the most rapid in 2011 an increase of X% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 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 France ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Spain, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen skipjack tuna in the world?

The country with the largest volume of frozen skipjack tuna consumption was Thailand, accounting for 42% of total volume. Moreover, frozen skipjack tuna consumption in Thailand exceeded the figures recorded by the second-largest consumer, Taiwan Chinese), threefold. The Philippines ranked third in terms of total consumption with a 7.6% share.

What are the largest producers of frozen skipjack tuna in the world?

The countries with the highest volumes of frozen skipjack tuna production in 2020 were Taiwan Chinese), South Korea and Spain, with a combined 51% share of global production. These countries were followed by Indonesia, Micronesia, France, China, India, Papua New Guinea, Panama and New Zealand, which together accounted for a further 42%.

What are the leading suppliers of frozen skipjack tuna to Portugal?

In value terms, the largest frozen skipjack tuna suppliers to Portugal were Spain, France and Seychelles, together accounting for 99% of total imports.

What are the leading importers of frozen skipjack tuna from Portugal?

In value terms, Iceland $395) and Switzerland $211) were the largest markets for frozen skipjack tuna exported from Portugal worldwide.

What is the average export price for frozen skipjack tuna in Portugal?

In 2020, the average frozen skipjack tuna export price amounted to $1,976 per ton, falling by -13.1% against the previous year.

What is the average import price for frozen skipjack tuna in Portugal?

In 2020, the average frozen skipjack tuna import price amounted to $1,981 per ton, rising by 21% against the previous year.

This report provides an in-depth analysis of the frozen skipjack tuna market in Portugal. 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:

Portugal

Data coverage:

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

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How to diversify your business and benefit from new market opportunities
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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