Eastern Asia: Frozen Skipjack Tuna Market 2022

Frozen Skipjack Tuna Market Size in Eastern Asia

The East Asian frozen skipjack tuna market rose rapidly to $X in 2020, picking up by X% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the market value increased by X% against the previous year. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2020, consumption stood at a somewhat lower figure.

Frozen Skipjack Tuna Production in Eastern Asia

In value terms, frozen skipjack tuna production soared to $X in 2020 estimated in export prices. Overall, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. As a result, production attained the peak level of $X. from 2014 to 2020, production growth remained at a lower figure.

Production By Country in Eastern Asia

The countries with the highest volumes of frozen skipjack tuna production in 2020 were Taiwan (Chinese) (X tons), South Korea (X tons) and China (X tons), together accounting for X% of total production.

From 2007 to 2020, the biggest increases were in China, while frozen skipjack tuna production for the other leaders experienced more modest paces of growth.

Frozen Skipjack Tuna Exports

Exports in Eastern Asia

In 2020, after two years of growth, there was significant decline in shipments abroad of frozen skipjack tuna, when their volume decreased by -X% to X tons. The total export volume increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. As a result, exports attained the peak of X tons. from 2016 to 2020, the growth exports remained at a lower figure.

In value terms, frozen skipjack tuna exports shrank to $X in 2020. Total exports indicated a noticeable expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. The level of export peaked at $X in 2013; however, from 2014 to 2020, exports remained at a lower figure.

Exports by Country

South Korea represented the key exporter of frozen skipjack tuna in Eastern Asia, with the volume of exports reaching X tons, which was approx. X% of total exports in 2020. China (X tons) held the second position in the ranking, distantly followed by Japan (X tons). All these countries together occupied near X% share of total exports.

From 2007 to 2020, the biggest increases were in South Korea, while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the largest frozen skipjack tuna supplying countries in Eastern Asia were China ($X), South Korea ($X) and Japan ($X), with a combined X% share of total exports.

China recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The frozen skipjack tuna export price in Eastern Asia stood at $X per ton in 2020, increasing by X% against the previous year. Export price indicated a tangible expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2008 an increase of X% y-o-y. The level of export peaked at $X per ton in 2012; however, from 2013 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was China ($X per ton), while South Korea ($X per ton) was amongst the lowest.

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

Frozen Skipjack Tuna Imports

Imports in Eastern Asia

In 2020, the amount of frozen skipjack tuna imported in Eastern Asia declined dramatically to X tons, waning by -X% compared with 2019. In general, imports, however, continue to indicate tangible growth. The most prominent rate of growth was recorded in 2017 when imports increased by X% year-to-year. Over the period under review, imports reached the peak figure at X tons in 2019, and then dropped sharply in the following year.

In value terms, frozen skipjack tuna imports shrank remarkably to $X in 2020. Overall, imports, however, recorded resilient growth. The growth pace was the most rapid in 2017 with an increase of X% year-to-year. The level of import peaked at $X in 2019, and then contracted markedly in the following year.

Imports by Country

The countries with the highest levels of frozen skipjack tuna imports in 2020 were China (X tons) and Japan (X tons), together reaching X% of total import.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by China.

In value terms, China ($X) and Japan ($X) constituted the countries with the highest levels of imports in 2020.

Among the main importing countries, China saw the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

The frozen skipjack tuna import price in Eastern Asia stood at $X per ton in 2020, picking up by X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2011 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2020, import prices failed to regain the momentum.

Average prices varied noticeably amongst the major importing countries. In 2020, the country with the highest price was China ($X per ton), while Japan totaled $X per ton.

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

Source: IndexBox Platform

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