Overview of the Global Market for Frozen And Fresh Or Chilled Skipjack Tuna

Market Size for Frozen And Fresh Or Chilled Skipjack Tuna

The global market for frozen and fresh or chilled skipjack tuna totaled $X in 2022, with an increase of X% against the previous year. In general, consumption, however, showed a relatively flat trend pattern. Over the period under review, the global market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Frozen And Fresh Or Chilled Skipjack Tuna

In value terms, production of frozen and fresh or chilled skipjack tuna totaled $X in 2022 estimated in export price. Overall, production, however, showed a pronounced descent. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, global production of growth remained at a somewhat lower figure.

Exports of Frozen And Fresh Or Chilled Skipjack Tuna

Exports

In 2022, approx. X tons of frozen and fresh or chilled skipjack tuna were exported worldwide; which is down by X% against the year before. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 with an increase of X%. The global exports peaked at X tons in 2021, and then fell modestly in the following year.

In value terms, exports of frozen and fresh or chilled skipjack tuna rose to $X in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when exports increased by X%. Over the period under review, the global exports of reached the maximum at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

The shipments of the five major exporters of frozen and fresh or chilled skipjack tuna, namely Papua New Guinea, Taiwan (Chinese), Spain, South Korea and Micronesia, represented more than two-thirds of total export. It was distantly followed by Maldives (X tons) and Kiribati (X tons), together making up a X% share of total exports. Marshall Islands (X tons), Indonesia (X tons), India (X tons), Senegal (X tons) and China (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Senegal (with a CAGR of X%), while the other global leaders experienced more modest paces of growth.

In value terms, the largest frozen and fresh or chilled skipjack tuna supplying countries worldwide were Taiwan (Chinese) ($X), Papua New Guinea ($X) and Spain ($X), together comprising X% of global exports. South Korea, Micronesia, Maldives, Kiribati, Indonesia, Marshall Islands, China, India and Senegal lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, Senegal, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for frozen and fresh or chilled skipjack tuna stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable setback. The pace of growth appeared the most rapid in 2017 when the average export price increased by X% against the previous year. The global export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was China ($X per ton), while Papua New Guinea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the other global leaders experienced a decline in the export price figures.

Imports of Frozen And Fresh Or Chilled Skipjack Tuna

Imports

After three years of decline, supplies from abroad of frozen and fresh or chilled skipjack tuna increased by X% to X tons in 2022. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of global imports of remained at a somewhat lower figure.

In value terms, imports of frozen and fresh or chilled skipjack tuna soared to $X in 2022. Over the period under review, imports, however, recorded a slight shrinkage. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Global imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Thailand (X tons) represented the largest importer of frozen and fresh or chilled skipjack tuna, creating X% of total imports. It was distantly followed by the Philippines (X tons) and Mauritius (X tons), together achieving a X% share of total imports. The following importers - Tunisia (X tons), Ecuador (X tons), Spain (X tons), Turkey (X tons), Japan (X tons), Indonesia (X tons), Vietnam (X tons) and Peru (X tons) - together made up X% of total imports.

Thailand experienced a relatively flat trend pattern with regard to volume of imports of frozen and fresh or chilled skipjack tuna. At the same time, Tunisia (X%), Indonesia (X%), Turkey (X%), the Philippines (X%), Peru (X%) and Mauritius (X%) displayed positive paces of growth. Moreover, Tunisia emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. By contrast, Japan (X%), Spain (X%), Vietnam (X%) and Ecuador (X%) illustrated a downward trend over the same period. While the share of the Philippines (X p.p.), Tunisia (X p.p.), Mauritius (X p.p.) and Turkey (X p.p.) increased significantly in terms of the global imports from 2012-2022, the share of Ecuador (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) constitutes the largest market for imported frozen and fresh or chilled skipjack tuna worldwide, comprising X% of global imports. The second position in the ranking was held by the Philippines ($X), with an X% share of global imports. It was followed by Mauritius, with a X% share.

In Thailand, imports of frozen and fresh or chilled skipjack tuna decreased by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the Philippines (X% per year) and Mauritius (X% per year).

Import Prices by Country

The average import price for frozen and fresh or chilled skipjack tuna stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the import price, however, showed a slight curtailment. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Turkey ($X per ton) and Spain ($X per ton), while Ecuador ($X per ton) and Tunisia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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