Report Update Apr 1, 2024

U.S. - Frozen Skipjack Tuna - Market Analysis, Forecast, Size, Trends and Insights

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U.S.: Frozen Skipjack Tuna Market 2022

Frozen Skipjack Tuna Market Size in the U.S.

In 2020, after four years of growth, there was significant decline in the U.S. frozen skipjack tuna market, when its value decreased by -X% to $X. Overall, consumption, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2016 when the market value increased by X% against the previous year. Over the period under review, the market hit record highs at $X in 2007; however, from 2008 to 2020, consumption stood at a somewhat lower figure.

Frozen Skipjack Tuna Exports

Exports from the U.S.

In 2020, shipments abroad of frozen skipjack tuna decreased by -X% to X tons, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. Exports peaked at X tons in 2018; however, from 2019 to 2020, exports failed to regain the momentum.

In value terms, frozen skipjack tuna exports dropped markedly to $X in 2020. Over the period under review, exports continue to indicate a pronounced decline. The pace of growth appeared the most rapid in 2012 when exports increased by X% y-o-y. Over the period under review, exports reached the maximum at $X in 2013; however, from 2014 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Vietnam (X tons) was the main destination for frozen skipjack tuna exports from the U.S., with a approx. X% share of total exports.

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

In value terms, Vietnam ($X) also remains the key foreign market for frozen skipjack tuna exports from the U.S..

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

Export Prices by Country

In 2020, the average frozen skipjack tuna export price amounted to $X per ton, rising by X% against the previous year. Overall, the export price showed a buoyant increase. Over the period under review, average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2020, export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Vietnam.

From 2007 to 2020, the rate of growth in terms of prices for Vietnam amounted to +X% per year.

Frozen Skipjack Tuna Imports

Imports into the U.S.

In 2020, supplies from abroad of frozen skipjack tuna was finally on the rise to reach X tons after three years of decline. In general, imports, however, recorded a deep contraction. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2020, imports stood at a somewhat lower figure.

In value terms, frozen skipjack tuna imports surged to $X in 2020. Over the period under review, imports, however, showed a abrupt shrinkage. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Vietnam (X tons) constituted the largest supplier of frozen skipjack tuna to the U.S., with a X% share of total imports. Moreover, frozen skipjack tuna imports from Vietnam exceeded the figures recorded by the second-largest supplier, Thailand (X tons), threefold. The third position in this ranking was occupied by Taiwan (Chinese) (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Vietnam stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+X% per year) and Taiwan (Chinese) (+X% per year).

In value terms, Vietnam ($X) constituted the largest supplier of frozen skipjack tuna to the U.S., comprising X% of total imports. The second position in the ranking was occupied by Thailand ($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 growth rate of value from Vietnam totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+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, falling by -X% against the previous year. In general, the import price, however, posted a tangible increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by X% y-o-y. As a result, import price reached the peak level of $X per ton, and then contracted remarkably in the following year.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Ecuador, 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 remains the largest frozen skipjack tuna consuming country worldwide, 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 third position in this ranking was occupied by the Philippines, 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 the U.S.?

In value terms, Vietnam constituted the largest supplier of frozen skipjack tuna to the U.S., comprising 46% of total imports. The second position in the ranking was occupied by Thailand, with a 16% share of total imports. It was followed by Taiwan Chinese), with a 13% share.

What are the leading importers of frozen skipjack tuna from the U.S.?

In value terms, Vietnam remains the key foreign market for frozen skipjack tuna exports from the U.S..

What is the average export price for frozen skipjack tuna in the U.S.?

The average frozen skipjack tuna export price stood at $4,250 per ton in 2020, jumping by 166% against the previous year.

What is the average import price for frozen skipjack tuna in the U.S.?

The average frozen skipjack tuna import price stood at $1,337 per ton in 2020, falling by -56.4% against the previous year.

This report provides an in-depth analysis of the frozen skipjack tuna market in the U.S.. 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:

United States

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the U.S.
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
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
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How to outsource production to other countries
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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