Austria: Frozen Yellowfin Tuna Market 2022

Frozen Yellowfin Tuna Market Size in Austria

In 2020, the Austrian frozen yellowfin tuna market decreased by -X% to $X, falling for the second consecutive year after three years of growth. Overall, consumption saw a significant expansion. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2020, consumption remained at a lower figure.

Frozen Yellowfin Tuna Production in Austria

In value terms, frozen yellowfin tuna production declined to $X in 2020 estimated in export prices. Over the period under review, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2020, production stood at a somewhat lower figure.

Frozen Yellowfin Tuna Exports

Exports from Austria

In 2020, shipments abroad of frozen yellowfin tuna decreased by -X% to X kg, falling for the fourth year in a row after four years of growth. In general, exports showed a dramatic contraction. The growth pace was the most rapid in 2016 when exports increased by X% y-o-y. Exports peaked at X tons in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

In value terms, frozen yellowfin tuna exports contracted significantly to $X in 2020. Over the period under review, exports saw a abrupt setback. The pace of growth was the most pronounced in 2013 when exports increased by X% y-o-y. Exports peaked at $X in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Denmark (X tons) was the main destination for frozen yellowfin tuna exports from Austria, accounting for a approx. X% share of total exports.

From 2007 to 2019, the average annual growth rate of volume to Denmark totaled -X%.

In value terms, Denmark ($X) also remains the key foreign market for frozen yellowfin tuna exports from Austria.

From 2007 to 2019, the average annual growth rate of value to Denmark stood at -X%.

Export Prices by Country

In 2019, the average frozen yellowfin tuna export price amounted to $X per ton, picking up by X% against the previous year. In general, the export price showed significant growth. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% against the previous year. Over the period under review, average export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2019, export prices failed to regain the momentum.

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

From 2007 to 2019, the rate of growth in terms of prices for Denmark amounted to +X% per year.

Frozen Yellowfin Tuna Imports

Imports into Austria

In 2020, after four years of decline, there was significant growth in overseas purchases of frozen yellowfin tuna, when their volume increased by X% to X tons. Overall, imports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. Imports peaked in 2020 and are expected to retain growth in the immediate term.

In value terms, frozen yellowfin tuna imports skyrocketed to $X in 2020. In general, imports enjoyed resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2020, Italy (X tons) constituted the largest frozen yellowfin tuna supplier to Austria, with a X% share of total imports. Moreover, frozen yellowfin tuna imports from Italy exceeded the figures recorded by the second-largest supplier, Germany (X tons), fivefold.

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

In value terms, Italy ($X) constituted the largest supplier of frozen yellowfin tuna to Austria, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from Italy amounted to +X%.

Import Prices by Country

The average frozen yellowfin tuna import price stood at $X per ton in 2020, jumping by X% against the previous year. Overall, the import price continues to indicate measured growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by X% against the previous year. The import price peaked in 2020 and is expected to retain growth in years to come.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per ton), while the price for Germany amounted to $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Italy.

Source: IndexBox Platform

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