Report Update Apr 1, 2024

Thailand - Bigeye Tuna - Market Analysis, Forecast, Size, Trends and Insights

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Thailand: Bigeye Tuna Market 2022

Bigeye Tuna Market Size in Thailand

In 2020, the Thai bigeye tuna market was finally on the rise to reach $X for the first time since 2017, thus ending a two-year declining trend. In general, consumption posted a remarkable increase. The most prominent rate of growth was recorded in 2012 when the market value increased by X% y-o-y. Bigeye tuna consumption peaked at $X in 2017; however, from 2018 to 2020, consumption remained at a lower figure.

Bigeye Tuna Exports

Exports from Thailand

In 2020, the amount of bigeye tuna exported from Thailand rose notably to X tons, growing by X% against the previous year. Overall, exports recorded strong growth. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at X tons in 2017; however, from 2018 to 2020, exports remained at a lower figure.

In value terms, bigeye tuna exports contracted significantly to $X in 2020. Over the period under review, exports recorded a modest increase. The pace of growth appeared the most rapid in 2015 with an increase of X% year-to-year. Exports peaked at $X in 2017; however, from 2018 to 2020, exports remained at a lower figure.

Exports by Country

Costa Rica (X tons) was the main destination for bigeye tuna exports from Thailand, accounting for a X% share of total exports. It was followed by Indonesia (X tons), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to Costa Rica was relatively modest.

From 2007 to 2020, the average annual growth rate of value to Costa Rica was relatively modest.

Export Prices by Country

In 2020, the average bigeye tuna export price amounted to $X per ton, declining by -X% against the previous year. Over the period under review, the export price saw a abrupt downturn. The pace of growth was the most pronounced in 2012 when the average export price increased by X% year-to-year. Over the period under review, average export prices attained the maximum at $X per ton in 2007; however, from 2008 to 2020, export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2020, the country with the highest price was Indonesia ($X per ton), while the average price for exports to Costa Rica totaled $X per ton.

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

Bigeye Tuna Imports

Imports into Thailand

In 2020, purchases abroad of bigeye tuna increased by X% to X tons for the first time since 2017, thus ending a two-year declining trend. Over the period under review, imports recorded a buoyant increase. Imports peaked at X tons in 2017; however, from 2018 to 2020, imports remained at a lower figure.

In value terms, bigeye tuna imports soared to $X in 2020. Overall, imports recorded a prominent expansion. The growth pace was the most rapid in 2012 when imports increased by X% year-to-year. Over the period under review, imports reached the peak figure at $X in 2017; however, from 2018 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Taiwan (Chinese) (X tons), Kiribati (X tons) and Micronesia (X tons) were the main suppliers of bigeye tuna imports to Thailand, with a combined X% share of total imports. Nauru, Vanuatu, the U.S., South Korea and Marshall Islands lagged somewhat behind, together accounting for a further X 2007 to 2020, the biggest increases were in Nauru (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest bigeye tuna suppliers to Thailand were Taiwan (Chinese) ($X), Kiribati ($X) and Micronesia ($X), with a combined X% share of total imports. Nauru, Vanuatu, the U.S., South Korea and Marshall Islands lagged somewhat behind, together accounting for a further X (+X% per year) recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average bigeye tuna import price amounted to $X per ton, reducing by -X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2012 when the average import price increased by X% year-to-year. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2020, import prices failed to regain the momentum.

Average prices varied noticeably amongst the major supplying countries. In 2020, the highest prices were recorded for prices from Marshall Islands ($X per ton) and Micronesia ($X per ton), while the price for South Korea ($X per ton) and the U.S. ($X per ton) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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 accounting for 63% of global consumption. China, South Korea, Ecuador, France and Mauritius lagged somewhat behind, together comprising 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, together comprising 69% 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 Thailand?

In value terms, Taiwan Chinese), Kiribati and Micronesia constituted the largest bigeye tuna suppliers to Thailand, with a combined 44% share of total imports. These countries were followed by Nauru, Vanuatu, the U.S., South Korea and Marshall Islands, which together accounted for a further 37%.

What is the average export price for bigeye tuna in Thailand?

In 2020, the average bigeye tuna export price amounted to $1,454 per ton, which is down by -25.4% against the previous year.

What is the average import price for bigeye tuna in Thailand?

The average bigeye tuna import price stood at $1,431 per ton in 2020, dropping by -17.2% against the previous year.

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

Thailand

Data coverage:

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