Report Update Nov 1, 2024

Ireland - Tuna (Prepared or Preserved) - Market Analysis, Forecast, Size, Trends and Insights

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Ireland: Preserved Tuna Market 2024

Preserved Tuna Market Size in Ireland

In 2021, the Irish preserved tuna market decreased by -10.5% to $X, falling for the third consecutive year after two years of growth. Overall, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Preserved Tuna Production in Ireland

In value terms, preserved tuna production surged to $X in 2021 estimated in export price. In general, production, however, saw a deep slump. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Preserved Tuna Exports

Exports from Ireland

In 2021, after four years of growth, there was significant decline in shipments abroad of tuna (prepared or preserved), when their volume decreased by -64.6% to X tons. In general, exports saw a mild descent. The pace of growth appeared the most rapid in 2015 when exports increased by 259%. Over the period under review, the exports hit record highs at X tons in 2020, and then fell markedly in the following year.

In value terms, preserved tuna exports reduced markedly to $X in 2021. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 250% against the previous year. The exports peaked at $X in 2020, and then reduced markedly in the following year.

Exports by Country

The UK (X tons) was the main destination for preserved tuna exports from Ireland, accounting for a 95% share of total exports. It was followed by Portugal (X tons), with a 2.5% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the UK amounted to +7.8%.

In value terms, the UK ($X) remains the key foreign market for tuna (prepared or preserved) exports from Ireland, comprising 93% of total exports. The second position in the ranking was taken by Portugal ($X), with a 4.6% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the UK stood at +6.3%.

Export Prices by Country

The average preserved tuna export price stood at $X per ton in 2021, reducing by -37.7% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 140% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2020, and then fell rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Portugal ($X per ton), while the average price for exports to the UK amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (-1.4%).

Preserved Tuna Imports

Imports into Ireland

After two years of growth, overseas purchases of tuna (prepared or preserved) decreased by -24.8% to X tons in 2021. In general, imports recorded a pronounced descent. The most prominent rate of growth was recorded in 2020 when imports increased by 36%. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, preserved tuna imports reduced rapidly to $X in 2021. Overall, imports recorded a noticeable decrease. The growth pace was the most rapid in 2013 with an increase of 24%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Ecuador (X tons), Seychelles (X tons) and Ghana (X tons) were the main suppliers of preserved tuna imports to Ireland, together accounting for 60% of total imports. These countries were followed by the Netherlands, Spain, the UK, Peru, Thailand, Mauritius, the Philippines, Germany and Maldives, which together accounted for a further 39%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +71.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest preserved tuna suppliers to Ireland were Seychelles ($X), Ecuador ($X) and the Netherlands ($X), with a combined 58% share of total imports.

The Netherlands, with a CAGR of +73.8%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average preserved tuna import price stood at $X per ton in 2021, approximately mirroring the previous year. Over the period under review, the import price, however, saw a slight setback. The most prominent rate of growth was recorded in 2018 when the average import price increased by 20%. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Peru ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tuna (prepared or preserved) in the world?

China constituted the country with the largest volume of preserved tuna consumption, comprising approx. 16% of total volume. Moreover, preserved tuna consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with a 4.7% share.

What are the largest producers of tuna (prepared or preserved) in the world?

The country with the largest volume of preserved tuna production was China, comprising approx. 18% of total volume. Moreover, preserved tuna production in China exceeded the figures recorded by the second-largest producer, Thailand, threefold. India ranked third in terms of total production with a 6.7% share.

What are the leading suppliers of tuna (prepared or preserved) to Ireland?

In value terms, the largest preserved tuna suppliers to Ireland were Seychelles, Ecuador and the Netherlands, together accounting for 59% of total imports.

What are the leading importers of tuna (prepared or preserved) from Ireland?

In value terms, the UK remains the key foreign market for preserved tuna exports from Ireland, comprising 93% of total exports. The second position in the ranking was occupied by Portugal, with a 4.6% share of total exports.

What is the average export price for tuna (prepared or preserved) in Ireland?

The average preserved tuna export price stood at $5,063 per ton in 2021, falling by -37.7% against the previous year.

What is the average import price for tuna (prepared or preserved) in Ireland?

In 2021, the average preserved tuna import price amounted to $5,325 per ton, approximately equating the previous year.

This report provides an in-depth analysis of the preserved tuna market in Ireland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 10202540 - Prepared or preserved tuna, skipjack and Atlantic bonito, w hole or in pieces (excluding minced products and prepared meals and dishes)

Country coverage:

Ireland

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ireland
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023