EU: Frozen Skipjack Tuna Market 2022

Frozen Skipjack Tuna Market Size in the EU

In 2020, the EU frozen skipjack tuna market increased by X% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, showed a noticeable setback. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2020, consumption stood at a somewhat lower figure.

Frozen Skipjack Tuna Production in the EU

In value terms, frozen skipjack tuna production fell modestly to $X in 2020 estimated in export prices. Overall, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2020, production remained at a lower figure.

Production By Country in the EU

The countries with the highest volumes of frozen skipjack tuna production in 2020 were Spain (X tons) and France (X tons).

From 2007 to 2020, the biggest increases were in France.

Frozen Skipjack Tuna Exports

Exports in the EU

In 2020, shipments abroad of frozen skipjack tuna decreased by -X% to X tons, falling for the second year in a row after four years of growth. Total exports indicated slight growth from 2007 to 2020: its volume 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 2018 with an increase of X% y-o-y. As a result, exports attained the peak of X tons. from 2019 to 2020, the growth exports failed to regain the momentum.

In value terms, frozen skipjack tuna exports declined dramatically to $X in 2020. In general, exports, however, showed slight growth. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Over the period under review, exports hit record highs at $X in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

Exports by Country

In 2020, Spain (X tons) was the major exporter of frozen skipjack tuna, generating X% of total exports. It was distantly followed by France (X tons), making up a X% share of total exports.

From 2007 to 2020, average annual rates of growth with regard to frozen skipjack tuna exports from Spain stood at +X%. At the same time, France (+X%) displayed positive paces of growth. Moreover, France emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +X% from 2007-2020. From 2007 to 2020, the share of France increased by +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Spain ($X) remains the largest frozen skipjack tuna supplier in the European Union, comprising X% of total exports. The second position in the ranking was occupied by France ($X), with a X% share of total exports.

In Spain, frozen skipjack tuna exports increased at an average annual rate of +X% over the period from 2007-2020.

Export Prices by Country

In 2020, the frozen skipjack tuna export price in the European Union amounted to $X per ton, reducing by -X% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of X% y-o-y. The level of export peaked at $X per ton in 2013; however, from 2014 to 2020, export prices failed to regain the momentum.

Average prices varied noticeably amongst the major exporting countries. In 2020, the country with the highest price was Spain ($X per ton), while France stood at $X per ton.

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

Frozen Skipjack Tuna Imports

Imports in the EU

In 2020, purchases abroad of frozen skipjack tuna decreased by -X% to X tons, falling for the second year in a row after four years of growth. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2020, imports remained at a lower figure.

In value terms, frozen skipjack tuna imports declined sharply to $X in 2020. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2020, imports failed to regain the momentum.

Imports by Country

Spain prevails in frozen skipjack tuna imports structure, recording X tons, which was approx. X% of total imports in 2020. It was distantly followed by Portugal (X tons), mixing up a X% share of total imports.

Spain was also the fastest-growing in terms of the frozen skipjack tuna imports, with a CAGR of +X% from 2007 to 2020. Portugal (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of Spain increased by +X% percentage points, while Portugal (-X p.p.) saw their share reduced.

In value terms, Spain ($X) constitutes the largest market for imported frozen skipjack tuna in the European Union, comprising X% of total imports. The second position in the ranking was occupied by Portugal ($X), with a X% share of total imports.

In Spain, frozen skipjack tuna imports increased at an average annual rate of +X% over the period from 2007-2020.

Import Prices by Country

The frozen skipjack tuna import price in the European Union stood at $X per ton in 2020, with a decrease of -X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 an increase of X% year-to-year. Over the period under review, import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Portugal ($X per ton), while Spain amounted to $X per ton.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :