Report Update May 1, 2024

Thailand - Frozen Southern Bluefin Tuna - Market Analysis, Forecast, Size, Trends and Insights

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Thailand: Market for Frozen Southern Bluefin Tuna 2022

Market Size for Frozen Southern Bluefin Tuna in Thailand

The Thai frozen southern bluefin tuna market expanded markedly to $X in 2020, rising by X% against the previous year. Overall, consumption enjoyed a resilient increase. The growth pace was the most rapid in 2012 when the market value increased by X% against the previous year. Frozen southern bluefin tuna consumption peaked at $X in 2014; however, from 2015 to 2020, consumption remained at a lower figure.

Production of Frozen Southern Bluefin Tuna in Thailand

In value terms, frozen southern bluefin tuna production contracted dramatically to $X in 2020 estimated in export prices. Over the period under review, production saw a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% y-o-y. Over the period under review, production reached the maximum level at $X in 2007; however, from 2008 to 2020, production stood at a somewhat lower figure.

Exports of Frozen Southern Bluefin Tuna

Exports from Thailand

In 2020, overseas shipments of frozen southern bluefin tuna decreased by -X% to X kg, falling for the second consecutive year after three years of growth. Over the period under review, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Over the period under review, exports hit record highs at X tons in 2007; however, from 2008 to 2020, exports remained at a lower figure.

In value terms, frozen southern bluefin tuna exports fell significantly to $X in 2020. Overall, exports showed a perceptible descent. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, exports reached the peak of $X. from 2019 to 2020, the growth exports remained at a lower figure.

Exports by Country

Qatar (X tons) was the main destination for frozen southern bluefin tuna exports from Thailand, accounting for a X% share of total exports. Moreover, frozen southern bluefin tuna exports to Qatar exceeded the volume sent to the second major destination, Kuwait (X tons), sevenfold.

From 2007 to 2019, the average annual rate of growth in terms of volume to Qatar amounted to -X%.

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

From 2007 to 2019, the average annual rate of growth in terms of value to Qatar totaled +X%.

Export Prices by Country

In 2019, the average frozen southern bluefin tuna export price amounted to $X per ton, increasing by X% against the previous year. In general, the export price saw temperate growth. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. As a result, export price attained the peak level of $X per ton. from 2018 to 2019, the growth in terms of the average export prices failed to regain the momentum.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Qatar.

Imports of Frozen Southern Bluefin Tuna

Imports into Thailand

In 2020, the amount of frozen southern bluefin tuna imported into Thailand shrank dramatically to X kg, reducing by -X% on the year before. Over the period under review, imports recorded a sharp slump. The growth pace was the most rapid in 2010 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2020, imports failed to regain the momentum.

In value terms, frozen southern bluefin tuna imports declined sharply to $X in 2020. Overall, imports faced a dramatic decrease. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. Imports peaked at $X in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Brazil (X kg) constituted the largest supplier of frozen southern bluefin tuna to Thailand, with a X% share of total imports. Moreover, frozen southern bluefin tuna imports from Brazil exceeded the figures recorded by the second-largest supplier, Indonesia (X kg), threefold.

From 2007 to 2020, the average annual growth rate of volume from Brazil totaled -X%.

In value terms, the largest frozen southern bluefin tuna suppliers to Thailand were Brazil ($X) and Indonesia ($X the main suppliers, Brazil saw the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

The average frozen southern bluefin tuna import price stood at $X per ton in 2020, surging by X% against the previous year. Over the period under review, the import price saw a resilient increase. The growth pace was the most rapid in 2017 when the average import price increased by X% y-o-y. The import price peaked in 2020 and is expected to retain growth in years to come.

Prices varied noticeably by the country of origin; the country with the highest price was Indonesia ($X per ton), while the price for Brazil stood at $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Indonesia (+X% per year).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen southern bluefin tuna in the world?

Japan remains the largest frozen southern bluefin tuna consuming country worldwide, comprising approx. 45% of total volume. Moreover, frozen southern bluefin tuna consumption in Japan exceeded the figures recorded by the second-largest consumer, Australia, twofold. New Zealand ranked third in terms of total consumption with a 13% share.

What are the largest producers of frozen southern bluefin tuna in the world?

Australia constituted the country with the largest volume of frozen southern bluefin tuna production, comprising approx. 60% of total volume. Moreover, frozen southern bluefin tuna production in Australia exceeded the figures recorded by the second-largest producer, New Zealand, fourfold. The third position in this ranking was occupied by Taiwan Chinese), with a 5.5% share.

What are the leading suppliers of frozen southern bluefin tuna to Thailand?

In value terms, the largest frozen southern bluefin tuna suppliers to Thailand were Brazil $309) and Indonesia $223).

What are the leading importers of frozen southern bluefin tuna from Thailand?

In value terms, Qatar remains the key foreign market for frozen southern bluefin tuna exports from Thailand, comprising 94% of total exports. The second position in the ranking was occupied by Kuwait, with a 5.7% share of total exports.

What is the average export price for frozen southern bluefin tuna in Thailand?

The average frozen southern bluefin tuna export price stood at $4,790 per ton in 2019, increasing by 7.8% against the previous year.

What is the average import price for frozen southern bluefin tuna in Thailand?

In 2020, the average frozen southern bluefin tuna import price amounted to $21,280 per ton, growing by 174% against the previous year.

This report provides an in-depth analysis of the market for frozen southern bluefin tuna 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:

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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
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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