Report Portugal - Tuna (Prepared or Preserved) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: May 25, 2022

Portugal - Tuna (Prepared or Preserved) - Market Analysis, Forecast, Size, Trends and Insights
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Portugal: Preserved Tuna Market 2022

Preserved Tuna Market Size in Portugal

The Portuguese preserved tuna market shrank significantly to $X in 2021, which is down by -X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Preserved Tuna Production in Portugal

In value terms, preserved tuna production contracted to $X in 2021 estimated in export prices. Overall, the total production indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Preserved tuna production peaked at $X in 2020, and then shrank in the following year.

Preserved Tuna Exports

Exports from Portugal

In 2021, shipments abroad of tuna (prepared or preserved) increased by X% to X tonnes, rising for the second year in a row after two years of decline. Overall, total exports indicated a buoyant increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2019 indices. The pace of growth appeared the most rapid in 2016 when exports increased by X% year-to-year. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in years to come.

In value terms, preserved tuna exports reached $X in 2021. Over the period under review, total exports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2019 indices. The pace of growth appeared the most rapid in 2016 with an increase of X% year-to-year. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Spain (X tonnes) was the main destination for preserved tuna exports from Portugal, accounting for a X% share of total exports. Moreover, preserved tuna exports to Spain exceeded the volume sent to the second major destination, Italy (X tonnes), threefold. The Netherlands (X tonnes) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual growth rate of volume to Spain stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+X% per year) and the Netherlands (+X% per year).

In value terms, the largest markets for preserved tuna exported from Portugal were Spain ($X), Italy ($X) and France ($X), together accounting for X% of total exports. The UK, the Netherlands, Germany, Mozambique, the United States, Mauritania and Morocco lagged somewhat behind, together accounting for a further X terms of the main countries of destination, Morocco, with a CAGR of +X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average preserved tuna export price stood at $X per tonne in 2021, shrinking by -X% against the previous year. Overall, the export price saw a noticeable curtailment. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per tonne. From 2019 to 2021, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was France ($X per tonne), while the average price for exports to Spain ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Preserved Tuna Imports

Imports into Portugal

In 2021, approx. X tonnes of tuna (prepared or preserved) were imported into Portugal; declining by -X% compared with the year before. Over the period under review, total imports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2019 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Imports peaked at X tonnes in 2020, and then contracted in the following year.

In value terms, preserved tuna imports fell to $X in 2021. In general, total imports indicated moderate growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2019 indices. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked at $X in 2020, and then dropped in the following year.

Imports by Country

In 2021, Spain (X tonnes) constituted the largest preserved tuna supplier to Portugal, with a X% share of total imports. Moreover, preserved tuna imports from Spain exceeded the figures recorded by the second-largest supplier, China (X tonnes), twofold. The third position in this ranking was occupied by Ecuador (X tonnes), with a X% share.

From 2012 to 2021, the average annual growth rate of volume from Spain totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Ecuador (+X% per year).

In value terms, Spain ($X) constituted the largest supplier of preserved tuna to Portugal, comprising X% of total imports. The second position in the ranking was occupied by Ecuador ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ecuador (+X% per year) and China (+X% per year).

Import Prices by Country

In 2021, the average preserved tuna import price amounted to $X per tonne, shrinking by -X% against the previous year. In general, the import price continues to indicate a noticeable descent. The most prominent rate of growth was recorded in 2017 an increase of X% year-to-year. The import price peaked at $X per tonne in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Spain ($X per tonne), while the price for China ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (-X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tonnes

Frequently Asked Questions (FAQ) :

What are the largest markets for tuna (prepared or preserved) in the world?
+
China remains the largest preserved tuna consuming country worldwide, accounting for 16% of total volume. Moreover, preserved tuna consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with a 4.7% share.
What are the largest producers of tuna (prepared or preserved) in the world?
+
The country with the largest volume of preserved tuna production was China, accounting for 18% of total volume. Moreover, preserved tuna production in China exceeded the figures recorded by the second-largest producer, Thailand, threefold. The third position in this ranking was occupied by India, with a 6.7% share.
What are the leading suppliers of tuna (prepared or preserved) to Portugal?
+
In value terms, Spain constituted the largest supplier of preserved tuna to Portugal, comprising 59% of total imports. The second position in the ranking was occupied by Ecuador, with a 13% share of total imports. It was followed by China, with a 9.9% share.
What are the leading importers of tuna (prepared or preserved) from Portugal?
+
In value terms, the largest markets for preserved tuna exported from Portugal were Spain, Italy and France, with a combined 57% share of total exports. These countries were followed by the UK, the Netherlands, Germany, Mozambique, the United States, Mauritania and Morocco, which together accounted for a further 29%.
What is the average export price for tuna (prepared or preserved) in Portugal?
+
The average preserved tuna export price stood at $5,541 per tonne in 2021, waning by -6.7% against the previous year.
What is the average import price for tuna (prepared or preserved) in Portugal?
+
In 2021, the average preserved tuna import price amounted to $4,778 per tonne, falling by -2.6% against the previous year.

This report provides an in-depth analysis of the preserved 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 2030.


Product coverage:
• Prodcom 10202540 - Prepared or preserved tuna, skipjack and Atlantic bonito, w hole or in pieces (excluding minced products and prepared meals and dishes)
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

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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2012–2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012–2021
Figure 5:
Trade Balance, In Physical Terms, 2012–2021
Figure 6:
Trade Balance, In Value Terms, 2012–2021
Figure 7:
Per Capita Consumption, 2012–2021
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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