Frozen and fresh or chilled skipjack tuna market
Frozen and fresh or chilled skipjack tuna market: download the latest facts and figures empowered by an Ai-driven business intelligence tool. Data include production, companies, exports, market size, trade, imports, market prices, and consumption. Here is a split by region, including EU, the U.K., Africa, Latin America, China, the Middle East, the U.S., and Russia. Market insights and forecast to 2030 are also provided in the snapshots.
Frozen and Fresh or Chilled Skipjack Tuna - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | Thailand |
| 2 | Taiwan (Chinese) |
| 3 | Philippines |
| 4 | Papua New Guinea |
| 5 | Micronesia |
In value terms, Thailand led the market, alone. The second position in the ranking was occupied by Taiwan (Chinese). It was followed by the Philippines.
In Thailand, the market of frozen and fresh or chilled skipjack tuna increased at an average annual rate of +33.3% over the period from 2018-2020. In the other countries, the average annual rates were as follows: Taiwan (Chinese) (-9.9% per year) and the Philippines (+47.4% per year).
Frozen And Fresh Or Chilled Skipjack Tuna Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Panama | 1406 | 1099 | 1173 | -8.7% |
| Guinea | 2953 | 3232 | 1230 | -35.5% |
| Guatemala | 1400 | 1223 | 1261 | -5.1% |
| Japan | 1550 | 1464 | 1297 | -8.5% |
| South Korea | 1324 | 1340 | 1304 | -0.8% |
| Micronesia | 1382 | 1402 | 1306 | -2.8% |
| Indonesia | 1381 | 1391 | 1391 | 0.4% |
| China | 1430 | 1352 | 1407 | -0.8% |
| New Zealand | 1434 | 1515 | 1459 | 0.9% |
| Peru | 545 | 246 | 1517 | 66.8% |
| Papua New Guinea | 940 | 880 | 1637 | 32.0% |
| India | 1387 | 1236 | 1819 | 14.5% |
| Average | 1327 | 1294 | 1357 | 1.1% |
Prices varied noticeably by the country of origin; the country with the highest price was India ($1,819 per ton), while Panama ($1,173 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Peru (+66.8% per year), while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Vietnam | 1423 | 1473 | 1475 | 1.8% |
| Mauritius | 1269 | 1295 | 1446 | 6.7% |
| Turkey | 1235 | 1161 | 1413 | 7.0% |
| Thailand | 1443 | 1288 | 1380 | -2.2% |
| Philippines | 1623 | 1499 | 1355 | -8.6% |
| Indonesia | 1332 | 1296 | 1296 | -1.4% |
| Ecuador | 1220 | 1202 | 1198 | -0.9% |
| Seychelles | 1451 | 1224 | 1163 | -10.5% |
| Average | 1398 | 1292 | 1366 | -1.1% |
Average prices varied somewhat amongst the major importing countries. In 2020, major importing countries recorded the following prices: in Vietnam ($1,475 per ton) and Mauritius ($1,446 per ton), while Seychelles ($1,163 per ton) and Ecuador ($1,198 per ton) were amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Turkey, while the other global leaders experienced more modest paces of growth.
Frozen and Fresh or Chilled Skipjack Tuna - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| Thailand | 0.5 | 0.4 | 0.8 | 32.5% |
| Philippines | 0.07 | 0.04 | 0.1 | 43.5% |
| Mauritius | 0.04 | 0.04 | 0.08 | 34.0% |
| Seychelles | 0.03 | 0.03 | 0.05 | 34.5% |
| Vietnam | 0.05 | 0.04 | 0.04 | -12.4% |
In value terms, Thailand ($832M) constitutes the largest market for imported frozen and fresh or chilled skipjack tuna worldwide, comprising 62% of global imports. The second position in the ranking was occupied by the Philippines ($150M), with a 11% share of global imports. It was followed by Mauritius, with a 5.9% share.
In Thailand, imports of frozen and fresh or chilled skipjack tuna expanded at an average annual rate of +32.5% over the period from 2018-2020. The remaining importing countries recorded the following average annual rates of imports growth: the Philippines (+43.5% per year) and Mauritius (+34.0% per year).
Frozen and Fresh or Chilled Skipjack Tuna - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| South Korea | 139 | 115 | 104 | -13.4% |
| Indonesia | 65 | 70 | 70 | 3.8% |
| Japan | 50 | 39 | 69 | 16.7% |
| China | 26 | 50 | 36 | 16.3% |
| India | 27 | 9.6 | 23 | -7.0% |
In value terms, South Korea ($104M), Indonesia ($70M) and Japan ($69M) constituted the countries with the highest levels of exports in 2020, with a combined 55% share of global exports. China, India, Peru, Panama, Papua New Guinea, Micronesia, Guinea, New Zealand and Guatemala lagged somewhat behind, together accounting for a further 34%.
Among the main exporting countries, Peru (+452.0% 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 global leaders experienced more modest paces of growth.
Frozen and Fresh or Chilled Skipjack Tuna - Market Forecast
The market for frozen and fresh or chilled skipjack tuna is expected to start a downward consumption trend over the next decade. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -2.4% for the ten-year period from 2020 to 2030, which is projected to depress the market volume to by the end of 2030.
Frozen and Fresh or Chilled Skipjack Tuna - Product Coverage
- HS 030233 - Fish; skipjack or stripe-bellied bonito, fresh or chilled (excluding fillets, livers, roes and other fish meat of heading no. 0304)
- HS 030343 - Fish; skipjack or stripe-bellied bonito, frozen (excluding fillets, livers, roes and other fish meat of heading no. 0304)
176
This report provides an in-depth analysis of the global market for fresh or chilled salmonoids fillets.
235
This report provides an in-depth analysis of the global market for fresh or chilled anchovies.
Nothing found. Please try again.
