Report Update May 1, 2024

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

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Western Africa: Market for Frozen Southern Bluefin Tuna 2022

Market Size for Frozen Southern Bluefin Tuna in Western Africa

The West African frozen southern bluefin tuna market was estimated at $X in 2020, surging by X% against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 when the market value increased by X% against the previous year. The level of consumption peaked at $X in 2007; however, from 2008 to 2020, consumption stood at a somewhat lower figure.

Production of Frozen Southern Bluefin Tuna in Western Africa

In value terms, frozen southern bluefin tuna production rose slightly to $X in 2020 estimated in export prices. Over the period under review, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. The level of production peaked at $X in 2009; however, from 2010 to 2020, production remained at a lower figure.

Production By Country in Western Africa

The countries with the highest volumes of frozen southern bluefin tuna production in 2020 were Mauritania (X tons), Senegal (X tons) and Guinea-Bissau (X tons), together comprising X% of total production.

From 2007 to 2020, the most notable rate of growth in terms of frozen southern bluefin tuna production, amongst the key producing countries, was attained by Mauritania, while frozen southern bluefin tuna production for the other leaders experienced more modest paces of growth.

Exports of Frozen Southern Bluefin Tuna

Exports in Western Africa

In 2019, the amount of frozen southern bluefin tuna exported in Western Africa was estimated at X tons, remaining relatively unchanged against 2018. In general, exports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, exports hit record highs at X tons in 2017; however, from 2018 to 2019, exports remained at a lower figure.

In value terms, frozen southern bluefin tuna exports stood at $X in 2019. Over the period under review, exports continue to indicate a deep reduction. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, exports attained the peak figure at $X in 2008; however, from 2009 to 2019, exports remained at a lower figure.

Export Prices by Country

In 2019, the frozen southern bluefin tuna export price in Western Africa amounted to $X per ton, rising by X% against the previous year. In general, the export price, however, continues to indicate a pronounced slump. The growth pace was the most rapid in 2009 when the export price increased by X% against the previous year. As a result, export price reached the peak level of $X per ton. from 2010 to 2019, the growth in terms of the export prices remained at a lower figure.

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

From 2008 to 2019, the rate of growth in terms of prices for Senegal amounted to -X% per year.

Imports of Frozen Southern Bluefin Tuna

Imports in Western Africa

In 2020, the amount of frozen southern bluefin tuna imported in Western Africa fell notably to X tons, waning by -X% compared with the previous year's figure. Overall, imports recorded a noticeable downturn. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. The volume of import peaked at X tons in 2017; however, from 2018 to 2020, imports remained at a lower figure.

In value terms, frozen southern bluefin tuna imports dropped dramatically to $X in 2020. In general, imports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2012 when imports increased by X% y-o-y. Over the period under review, imports reached the peak figure at $X in 2019, and then contracted significantly in the following year.

Imports by Country

The purchases of the one major importers of frozen southern bluefin tuna, namely Cabo Verde, represented more than two-thirds of total import.

Cabo Verde was also the fastest-growing in terms of the frozen southern bluefin tuna imports, with a CAGR of -X% from 2007 to 2020. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, Cabo Verde ($X) constitutes the largest market for imported frozen southern bluefin tuna in Western Africa.

In Cabo Verde, frozen southern bluefin tuna imports contracted by an average annual rate of -X% over the period from 2007-2020.

Import Prices by Country

In 2020, the frozen southern bluefin tuna import price in Western Africa amounted to $X per ton, rising by X% against the previous year. In general, the import price, however, saw a mild setback. The pace of growth was the most pronounced in 2008 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. from 2009 to 2020, the growth in terms of the import prices remained at a somewhat lower figure.

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

From 2007 to 2020, the rate of growth in terms of prices for Cabo Verde amounted to -X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

The countries with the highest volumes of frozen southern bluefin tuna consumption in 2020 were Mauritania, Senegal and Guinea-Bissau, with a combined 99% share of total consumption.

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

The countries with the highest volumes of frozen southern bluefin tuna production in 2020 were Mauritania, Senegal and Guinea-Bissau, with a combined 100% share of total production.

What are the leading importers of frozen southern bluefin tuna in Western Africa?

In value terms, Cabo Verde constitutes the largest market for imported frozen southern bluefin tuna in Western Africa.

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

In 2019, the frozen southern bluefin tuna export price in Western Africa amounted to $765 per ton, rising by 5.7% against the previous year.

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

The frozen southern bluefin tuna import price in Western Africa stood at $5,161 per ton in 2020, with an increase of 428% against the previous year.

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

Benin
Burkina Faso
Cabo Verde
Cote d'Ivoire
Gambia
Ghana
Guinea
Guinea-Bissau
Liberia
Mali
Mauritania
Niger
Nigeria
Saint Helena, Ascension and Tristan da Cunha
Senegal
Sierra Leone
Togo

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Western Africa, split by region and country
Trade (exports and imports) in Western Africa
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. CONSUMPTION BY COUNTRY
3. 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
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
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
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Benin
- Burkina Faso
- Cabo Verde
- Gambia
- Ghana
- Guinea
- Guinea-Bissau
- Liberia
- Mali
- Mauritania
- Niger
- Nigeria
- Saint Helena, Ascension and Tristan da Cunha
- Senegal
- Sierra Leone
- Togo
- Cote d'Ivoire
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, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023