Report Update May 1, 2024

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

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South Africa: Frozen Skipjack Tuna Market 2022

Frozen Skipjack Tuna Market Size in South Africa

In 2020, the South African frozen skipjack tuna market increased by X% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Over the period under review, the market attained the maximum level at $X in 2009; however, from 2010 to 2020, consumption remained at a lower figure.

Frozen Skipjack Tuna Exports

Exports from South Africa

In 2020, approx. X tons of frozen skipjack tuna were exported from South Africa; increasing by X% against the previous year's figure. In general, exports, however, saw a sharp shrinkage. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Exports peaked at X tons in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

In value terms, frozen skipjack tuna exports shrank notably to $X in 2020. Over the period under review, exports, however, recorded a sharp descent. The growth pace was the most rapid in 2012 when exports increased by X% year-to-year. Exports peaked at $X in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Thailand (X tons) was the main destination for frozen skipjack tuna exports from South Africa, accounting for a X% share of total exports. It was followed by South Korea (X kg), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to Thailand amounted to -X%.

In value terms, Thailand ($X) remains the key foreign market for frozen skipjack tuna exports from South Africa, comprising X% of total exports. The second position in the ranking was occupied by South Korea ($X), with a X% share of total exports.

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

Export Prices by Country

In 2020, the average frozen skipjack tuna export price amounted to $X per ton, with a decrease of -X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2009 when the average export price increased by X% y-o-y. The export price peaked at $X per ton in 2018; however, from 2019 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was South Korea ($X per ton), while the average price for exports to Thailand stood at $X per ton.

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

Frozen Skipjack Tuna Imports

Imports into South Africa

In 2020, supplies from abroad of frozen skipjack tuna increased by X% to X tons, rising for the second year in a row after two years of decline. In general, imports, however, saw a abrupt setback. The pace of growth was the most pronounced in 2009 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

In value terms, frozen skipjack tuna imports soared to $X in 2020. Overall, imports, however, recorded a abrupt decline. The growth pace was the most rapid in 2016 when imports increased by X% year-to-year. Imports peaked at $X in 2010; however, from 2011 to 2020, imports failed to regain the momentum.

Imports by Country

Namibia (X tons), China (X tons) and Taiwan (Chinese) (X kg) were the main suppliers of frozen skipjack tuna imports to South Africa, together accounting for X% of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China, while imports for the other leaders experienced mixed trend patterns.

In value terms, China ($X) constituted the largest supplier of frozen skipjack tuna to South Africa, comprising X% of total imports. The second position in the ranking was occupied by Namibia ($X), with a X% share of total imports. It was followed by Taiwan (Chinese), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Namibia (-X% per year) and Taiwan (Chinese) (-X% per year).

Import Prices by Country

The average frozen skipjack tuna import price stood at $X per ton in 2020, increasing by X% against the previous year. Over the period under review, the import price continues to indicate mild growth. The pace of growth appeared the most rapid in 2019 when the average import price increased by X% year-to-year. Over the period under review, average import prices attained the peak figure at $X per ton in 2010; however, from 2011 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was China ($X per ton), while the price for Namibia ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

Thailand constituted the country with the largest volume of frozen skipjack tuna consumption, 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 South Africa?

In value terms, China constituted the largest supplier of frozen skipjack tuna to South Africa, comprising 88% of total imports. The second position in the ranking was occupied by Namibia $433), with a 3.4% share of total imports. It was followed by Taiwan Chinese), with a 3.4% share.

What are the leading importers of frozen skipjack tuna from South Africa?

In value terms, Thailand $104) remains the key foreign market for frozen skipjack tuna exports from South Africa, comprising 8.8% of total exports. The second position in the ranking was occupied by South Korea $4), with a 0.3% share of total exports.

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

In 2020, the average frozen skipjack tuna export price amounted to $968 per ton, falling by -30% against the previous year.

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

In 2020, the average frozen skipjack tuna import price amounted to $627 per ton, jumping by 20% against the previous year.

This report provides an in-depth analysis of the frozen skipjack 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:

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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
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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