Report Update May 1, 2024

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

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Venezuela: Frozen Skipjack Tuna Market 2022

Frozen Skipjack Tuna Market Size in Venezuela

In 2020, the Venezuelan frozen skipjack tuna market decreased by -X% to $X, falling for the fourth consecutive year after three years of growth. In general, consumption, however, saw slight growth. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. As a result, consumption reached the peak level of $X. from 2013 to 2020, the growth of the market remained at a somewhat lower figure.

Frozen Skipjack Tuna Production in Venezuela

In value terms, frozen skipjack tuna production soared to $X in 2020 estimated in export prices. Overall, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2012 when the production volume increased by X% y-o-y. As a result, production reached the peak level of $X. from 2013 to 2020, production growth remained at a somewhat lower figure.

Frozen Skipjack Tuna Exports

Exports from Venezuela

In 2020, overseas shipments of frozen skipjack tuna increased by X% to X tons, rising for the fourth year in a row after three years of decline. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. As a result, exports attained the peak of X tons. from 2012 to 2020, the growth exports remained at a lower figure.

In value terms, frozen skipjack tuna exports surged to $X in 2020. Overall, exports saw a noticeable downturn. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. As a result, exports attained the peak of $X. from 2012 to 2020, the growth exports failed to regain the momentum.

Exports by Country

Ecuador (X tons) was the main destination for frozen skipjack tuna exports from Venezuela, with a X% share of total exports. Moreover, frozen skipjack tuna exports to Ecuador exceeded the volume sent to the second major destination, Mexico (X tons), more than tenfold.

From 2007 to 2020, the average annual rate of growth in terms of volume to Ecuador totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-X% per year) and Guatemala (+X% per year).

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

From 2007 to 2020, the average annual rate of growth in terms of value to Ecuador stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-X% per year) and Guatemala (-X% per year).

Export Prices by Country

In 2020, the average frozen skipjack tuna export price amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the export price, however, recorded a noticeable reduction. The most prominent rate of growth was recorded in 2011 when the average export price increased by X% y-o-y. Over the period under review, average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Mexico ($X per ton), while the average price for exports to Ecuador ($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 Mexico, while the prices for the other major destinations experienced a decline.

Frozen Skipjack Tuna Imports

Imports into Venezuela

Frozen skipjack tuna imports into Venezuela dropped to X tons in 2020, with a decrease of -X% on the previous year's figure. Overall, imports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Imports peaked at X tons in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, frozen skipjack tuna imports fell significantly to $X in 2020. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. from 2014 to 2020, the growth imports remained at a lower figure.

Imports by Country

In 2020, Ecuador (X tons) was the main frozen skipjack tuna supplier to Venezuela, accounting for a approx. X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of volume from Ecuador was relatively modest.

In value terms, Ecuador ($X) constituted the largest supplier of frozen skipjack tuna to Venezuela.

From 2007 to 2020, the average annual growth rate of value from Ecuador stood at +X%.

Import Prices by Country

The average frozen skipjack tuna import price stood at $X per ton in 2020, reducing by -X% against the previous year. Overall, the import price, however, saw a buoyant increase. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2020, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Ecuador.

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

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, comprising approx. 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 Venezuela?

In value terms, Ecuador constituted the largest supplier of frozen skipjack tuna to Venezuela.

What are the leading importers of frozen skipjack tuna from Venezuela?

In value terms, Ecuador remains the key foreign market for frozen skipjack tuna exports from Venezuela, comprising 84% of total exports. The second position in the ranking was occupied by Mexico, with a 12% share of total exports.

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

In 2020, the average frozen skipjack tuna export price amounted to $1,095 per ton, picking up by 32% against the previous year.

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

In 2020, the average frozen skipjack tuna import price amounted to $1,913 per ton, declining by -10% against the previous year.

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

Venezuela

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Venezuela
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

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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