Report Update Apr 1, 2024

South Africa - Bigeye Tuna - Market Analysis, Forecast, Size, Trends and Insights

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South Africa: Bigeye Tuna Market 2022

Bigeye Tuna Market Size in South Africa

The South African bigeye tuna market surged to $X in 2020, picking up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, posted a mild expansion. The pace of growth was the most pronounced in 2013 when the market value increased by X% year-to-year. As a result, consumption attained the peak level of $X. from 2014 to 2020, the growth of the market remained at a somewhat lower figure.

Bigeye Tuna Exports

Exports from South Africa

Bigeye tuna exports from South Africa surged to X tons in 2020, rising by X% against the previous year. Overall, exports continue to indicate buoyant growth. The growth pace was the most rapid in 2019 with an increase of X% y-o-y. Over the period under review, exports attained the peak figure at X tons in 2013; however, from 2014 to 2020, exports failed to regain the momentum.

In value terms, bigeye tuna exports soared to $X in 2020. In general, exports showed a resilient increase. The pace of growth appeared the most rapid in 2012 with an increase of X% y-o-y. Exports peaked at $X in 2013; however, from 2014 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Spain (X tons) was the main destination for bigeye tuna exports from South Africa, accounting for a X% share of total exports. Moreover, bigeye tuna exports to Spain exceeded the volume sent to the second major destination, the Netherlands (X tons), fourfold. The third position in this ranking was occupied by Japan (X tons), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Spain totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Japan (-X% per year).

In value terms, Spain ($X), Japan ($X) and the Netherlands ($X) appeared to be the largest markets for bigeye tuna exported from South Africa worldwide, together comprising X% of total exports.

Spain saw 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, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average bigeye tuna export price stood at $X per ton in 2020, which is down by -X% against the previous year. Over the period under review, the export price continues to indicate a mild setback. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% y-o-y. Over the period under review, average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Japan ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Thailand, while the prices for the other major destinations experienced more modest paces of growth.

Bigeye Tuna Imports

Imports into South Africa

After two years of decline, overseas purchases of bigeye tuna increased by X% to X tons in 2020. Overall, imports showed a mild expansion. The pace of growth appeared the most rapid in 2013 when imports increased by X% year-to-year. As a result, imports reached the peak of X tons. from 2014 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, bigeye tuna imports rose significantly to $X in 2020. In general, imports saw buoyant growth. The most prominent rate of growth was recorded in 2013 when imports increased by X% year-to-year. As a result, imports reached the peak of $X. from 2014 to 2020, the growth imports remained at a lower figure.

Imports by Country

In 2020, Namibia (X tons) constituted the largest supplier of bigeye tuna to South Africa, accounting for a X% share of total imports. Moreover, bigeye tuna imports from Namibia exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X tons), fourfold.

From 2007 to 2020, the average annual growth rate of volume from Namibia amounted to +X%.

In value terms, Namibia ($X) and Taiwan (Chinese) ($X) were the largest bigeye tuna suppliers to South Africa.

Among the main suppliers, Namibia saw the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2020, the average bigeye tuna import price amounted to $X per ton, dropping by -X% against the previous year. Over the period under review, the import price, however, enjoyed noticeable growth. The pace of growth was the most pronounced in 2009 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2019, and then fell significantly in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was Taiwan (Chinese) ($X per ton), while the price for Namibia totaled $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese).

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Frequently Asked Questions (FAQ) :

What are the largest markets for bigeye tuna in the world?

The countries with the highest volumes of bigeye tuna consumption in 2020 were Japan, Taiwan Chinese) and Thailand, together comprising 63% of global consumption. China, South Korea, Ecuador, France and Mauritius lagged somewhat behind, together accounting for a further 21%.

What are the largest producers of bigeye tuna in the world?

The countries with the highest volumes of bigeye tuna production in 2020 were Taiwan Chinese), China and South Korea, with a combined 69% share of global production. France, Ecuador, Panama, Indonesia, Oman and Singapore lagged somewhat behind, together accounting for a further 21%.

What are the leading suppliers of bigeye tuna to South Africa?

In value terms, the largest bigeye tuna suppliers to South Africa were Namibia and Taiwan Chinese).

What are the leading importers of bigeye tuna from South Africa?

In value terms, the largest markets for bigeye tuna exported from South Africa were Spain, Japan and the Netherlands, with a combined 81% share of total exports.

What is the average export price for bigeye tuna in South Africa?

In 2020, the average bigeye tuna export price amounted to $2,304 per ton, dropping by -10.9% against the previous year.

What is the average import price for bigeye tuna in South Africa?

In 2020, the average bigeye tuna import price amounted to $2,487 per ton, with a decrease of -39.4% against the previous year.

This report provides an in-depth analysis of the bigeye tuna market in South Africa. 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:

South Africa

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in South Africa
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
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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
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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. 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