Slovakia: Frozen Yellowfin Tuna Market 2022

Frozen Yellowfin Tuna Market Size in Slovakia

After three years of growth, the Slovak frozen yellowfin tuna market decreased by -X% to $X in 2020. Overall, consumption posted a temperate increase. The pace of growth appeared the most rapid in 2014 when the market value increased by X% against the previous year. Frozen yellowfin tuna consumption peaked at $X in 2015; however, from 2016 to 2020, consumption failed to regain the momentum.

Frozen Yellowfin Tuna Production in Slovakia

In value terms, frozen yellowfin tuna production contracted to $X in 2020 estimated in export prices. Overall, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the production volume increased by X% y-o-y. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2020, production remained at a lower figure.

Frozen Yellowfin Tuna Exports

Exports from Slovakia

In 2020, shipments abroad of frozen yellowfin tuna decreased by -X% to X kg for the first time since 2017, thus ending a two-year rising trend. In general, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, exports attained the peak figure at X tons in 2013; however, from 2014 to 2020, exports failed to regain the momentum.

In value terms, frozen yellowfin tuna exports declined remarkably to $X in 2020. Over the period under review, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2019 when exports increased by X% y-o-y. Over the period under review, exports reached the peak figure at $X in 2013; however, from 2014 to 2020, exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X tons) was the main destination for frozen yellowfin tuna exports from Slovakia, accounting for a X% share of total exports. Moreover, frozen yellowfin tuna exports to the Netherlands exceeded the volume sent to the second major destination, Denmark (X kg), eightfold.

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

In value terms, the Netherlands ($X) emerged as the key foreign market for frozen yellowfin tuna exports from Slovakia, comprising X% of total exports. The second position in the ranking was occupied by Denmark ($X), with a X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of value to the Netherlands totaled +X%.

Export Prices by Country

In 2019, the average frozen yellowfin tuna export price amounted to $X per ton, dropping by -X% against the previous year. Overall, the export price, however, enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2011 an increase of X% against the previous year. The export price peaked at $X per ton in 2018, and then reduced in the following year.

There were significant differences in the average prices for the major overseas markets. In 2019, the country with the highest price was Denmark ($X per ton), while the average price for exports to the Netherlands stood at $X per ton.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Denmark.

Frozen Yellowfin Tuna Imports

Imports into Slovakia

In 2020, supplies from abroad of frozen yellowfin tuna decreased by -X% to X kg for the first time since 2016, thus ending a three-year rising trend. Overall, imports showed a dramatic decrease. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. from 2016 to 2020, the growth imports failed to regain the momentum.

In value terms, frozen yellowfin tuna imports reduced sharply to $X in 2020. In general, imports saw a deep slump. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Imports peaked at $X in 2019, and then contracted significantly in the following year.

Imports by Country

In 2020, Poland (X kg) was the main supplier of frozen yellowfin tuna to Slovakia, with a approx. X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of volume from Poland was relatively modest.

In value terms, Poland ($X) constituted the largest supplier of frozen yellowfin tuna to Slovakia.

From 2007 to 2020, the average annual growth rate of value from Poland was relatively modest.

Import Prices by Country

The average frozen yellowfin tuna import price stood at $X per ton in 2020, rising by X% against the previous year. Over the period under review, the import price enjoyed a resilient expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Poland.

From 2007 to 2020, the rate of growth in terms of prices for Poland amounted to X% per year.

Source: IndexBox Platform

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