Turkey: Frozen Skipjack Tuna Market 2022

Frozen Skipjack Tuna Market Size in Turkey

In 2020, the Turkish frozen skipjack tuna market increased by X% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption continues to indicate a resilient increase. The pace of growth was the most pronounced in 2009 when the market value increased by X% y-o-y. Frozen skipjack tuna consumption peaked in 2020 and is expected to retain growth in years to come.

Frozen Skipjack Tuna Exports

Exports from Turkey

In 2020, overseas shipments of frozen skipjack tuna decreased by -X% to X tons, falling for the seventh year in a row after five years of growth. Overall, exports continue to indicate a deep setback. The growth pace was the most rapid in 2013 with an increase of X% year-to-year. As a result, exports attained the peak of X tons. from 2014 to 2020, the growth exports failed to regain the momentum.

In value terms, frozen skipjack tuna exports dropped remarkably to $X in 2020. Over the period under review, exports continue to indicate a mild reduction. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. As a result, exports reached the peak of $X. from 2014 to 2020, the growth exports remained at a lower figure.

Exports by Country

Liberia (X kg), Panama (X kg) and Malta (X kg) were the main destinations of frozen skipjack tuna exports from Turkey, with a combined X% share of total exports. These countries were followed by Italy, Hong Kong SAR, Singapore, Bahamas, Marshall Islands, Portugal, the UK, Antigua and Barbuda, Greece and Belgium, which together accounted for a further X 2007 to 2020, the biggest increases were in Bahamas (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for frozen skipjack tuna exported from Turkey were Liberia ($X), Panama ($X) and Malta ($X), together accounting for X% of total exports. These countries were followed by Italy, Bahamas, Hong Kong SAR, Singapore, Portugal, Marshall Islands, the UK, Antigua and Barbuda, Greece and Belgium, which together accounted for a further X terms of the main countries of destination, Bahamas (+X% per year) recorded the highest rates of growth with regard to 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

In 2020, the average frozen skipjack tuna export price amounted to $X per ton, increasing by X% against the previous year. In general, the export price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% year-to-year. As a result, export price attained the peak level of $X per ton. from 2018 to 2020, 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 Portugal ($X per ton), while the average price for exports to Greece ($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 Bahamas, while the prices for the other major destinations experienced more modest paces of growth.

Frozen Skipjack Tuna Imports

Imports into Turkey

In 2020, purchases abroad of frozen skipjack tuna increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, imports recorded resilient growth. The growth pace was the most rapid in 2009 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure in 2020 and are likely to continue growth in the immediate term.

In value terms, frozen skipjack tuna imports expanded notably to $X in 2020. Over the period under review, imports posted buoyant growth. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2020 and are expected to retain growth in the near future.

Imports by Country

Spain (X tons), Seychelles (X tons) and France (X tons) were the main suppliers of frozen skipjack tuna imports to Turkey, with a combined X% share of total imports. The Netherlands, India, Panama and South Korea lagged somewhat behind, together accounting for a further X 2007 to 2020, the biggest increases were in the Netherlands (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Seychelles ($X) and France ($X) constituted the largest frozen skipjack tuna suppliers to Turkey, with a combined X% share of total imports. The Netherlands, India, Panama and South Korea lagged somewhat behind, together comprising a further X terms of the main suppliers, the Netherlands (+X% per year) saw the highest rates of growth with regard to the value of imports, 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 frozen skipjack tuna import price amounted to $X per ton, which is down by -X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 an increase of X% year-to-year. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2020, import prices failed to regain the momentum.

Average prices varied somewhat amongst the major supplying countries. In 2020, the countries with the highest prices were France ($X per ton) and Seychelles ($X per ton), while the price for Panama ($X per ton) and India ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :