Czech Republic: Frozen Yellowfin Tuna Market 2022

Frozen Yellowfin Tuna Market Size in the Czech Republic

The Czech frozen yellowfin tuna market soared to $X in 2020, jumping by X% against the previous year. Overall, consumption, however, showed a noticeable shrinkage. Frozen yellowfin tuna consumption peaked at $X in 2007; however, from 2008 to 2020, consumption failed to regain the momentum.

Frozen Yellowfin Tuna Production in the Czech Republic

In value terms, frozen yellowfin tuna production rose modestly to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2020, production stood at a somewhat lower figure.

Frozen Yellowfin Tuna Exports

Exports from the Czech Republic

After three years of growth, overseas shipments of frozen yellowfin tuna decreased by -X% to X tons in 2020. Overall, exports, however, saw a significant expansion. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Exports peaked at X tons in 2019, and then contracted markedly in the following year.

In value terms, frozen yellowfin tuna exports shrank to $X in 2020. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2010 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at $X in 2019, and then declined modestly in the following year.

Exports by Country

Slovakia (X tons) was the main destination for frozen yellowfin tuna exports from the Czech Republic, accounting for a X% share of total exports. Moreover, frozen yellowfin tuna exports to Slovakia exceeded the volume sent to the second major destination, Austria (X tons), fourfold. The third position in this ranking was occupied by Romania (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Slovakia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+X% per year) and Romania (X% per year).

In value terms, Romania ($X), Slovakia ($X) and Serbia ($X) appeared to be the largest markets for frozen yellowfin tuna exported from the Czech Republic worldwide, together accounting for X% of total exports. Austria lagged somewhat behind, comprising a further X (+X% per year) recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average frozen yellowfin tuna export price amounted to $X per ton, jumping by X% against the previous year. Overall, export price indicated resilient growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, frozen yellowfin tuna export price increased by +X% against 2015 indices. As a result, export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Romania ($X per ton), while the average price for exports to Slovakia ($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 Serbia (+X% per year), while the prices for the other major destinations experienced mixed trend patterns.

Frozen Yellowfin Tuna Imports

Imports into the Czech Republic

In 2020, the amount of frozen yellowfin tuna imported into the Czech Republic skyrocketed to X tons, with an increase of X% against the previous year. In general, imports, however, recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. As a result, imports reached the peak of X tons. from 2019 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, frozen yellowfin tuna imports surged to $X in 2020. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by X% y-o-y. As a result, imports attained the peak of $X. from 2019 to 2020, the growth imports remained at a lower figure.

Imports by Country

In 2020, the Netherlands (X tons) constituted the largest supplier of frozen yellowfin tuna to the Czech Republic, accounting for a X% share of total imports. Moreover, frozen yellowfin tuna imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Germany (X tons), sevenfold. The third position in this ranking was occupied by Spain (X tons), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from the Netherlands was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Spain (-X% per year).

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

From 2007 to 2020, the average annual growth rate of value from the Netherlands totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Spain (+X% per year).

Import Prices by Country

In 2020, the average frozen yellowfin tuna import price amounted to $X per ton, which is down by -X% against the previous year. Overall, import price indicated a moderate expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, frozen yellowfin tuna import price increased by +X% against 2018 indices. The pace of growth was the most pronounced in 2019 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2020, import prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by France, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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