Report Update Jan 1, 2025

South Africa - Frozen Yellowfin Tuna - Market Analysis, Forecast, Size, Trends and Insights

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South Africa: Frozen Yellowfin Tuna Market 2022

Frozen Yellowfin Tuna Market Size in South Africa

The South African frozen yellowfin tuna market fell dramatically to $X in 2020, reducing by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a dramatic downturn. Frozen yellowfin tuna consumption peaked at $X in 2019, and then fell rapidly in the following year.

Frozen Yellowfin Tuna Exports

Exports from South Africa

In 2020, shipments abroad of frozen yellowfin tuna decreased by -X% to X tons, falling for the sixth consecutive year after two years of growth. Over the period under review, exports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2011 when exports increased by X% y-o-y. Over the period under review, exports reached the peak figure at X tons in 2014; however, from 2015 to 2020, exports failed to regain the momentum.

In value terms, frozen yellowfin tuna exports dropped to $X in 2020. Overall, exports recorded a abrupt decrease. The growth pace was the most rapid in 2011 when exports increased by X% year-to-year. Over the period under review, exports reached the maximum at $X in 2014; however, from 2015 to 2020, exports failed to regain the momentum.

Exports by Country

Spain (X tons) was the main destination for frozen yellowfin tuna exports from South Africa, with a X% share of total exports. Moreover, frozen yellowfin tuna exports to Spain exceeded the volume sent to the second major destination, Italy (X tons), more than tenfold.

From 2007 to 2020, the average annual rate of growth in terms of volume to Spain stood at -X%.

In value terms, Spain ($X) remains the key foreign market for frozen yellowfin tuna exports from South Africa, comprising X% of total exports. The second position in the ranking was occupied by Italy ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value to Spain totaled -X%.

Export Prices by Country

The average frozen yellowfin tuna export price stood at $X per ton in 2020, growing by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. The export price peaked in 2020 and is expected to retain growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2020, the country with the highest price was Italy ($X per ton), while the average price for exports to Spain amounted to $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Italy.

Frozen Yellowfin Tuna Imports

Imports into South Africa

In 2020, after three years of growth, there was significant decline in purchases abroad of frozen yellowfin tuna, when their volume decreased by -X% to X tons. In general, imports showed a deep downturn. The pace of growth appeared the most rapid in 2015 when imports increased by X% y-o-y. As a result, imports attained the peak of X tons. from 2016 to 2020, the growth imports failed to regain the momentum.

In value terms, frozen yellowfin tuna imports declined significantly to $X in 2020. Over the period under review, imports showed a slight descent. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, imports attained the peak of $X. from 2016 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2020, Taiwan (Chinese) (X tons) was the main frozen yellowfin tuna supplier to South Africa, with a X% share of total imports. Moreover, frozen yellowfin tuna imports from Taiwan (Chinese) exceeded the figures recorded by the second-largest supplier, Japan (X tons), more than tenfold.

From 2007 to 2020, the average annual growth rate of volume from Taiwan (Chinese) amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+X% per year) and Namibia (-X% per year).

In value terms, Taiwan (Chinese) ($X) constituted the largest supplier of frozen yellowfin tuna to South Africa, comprising X% of total imports. The second position in the ranking was occupied by Japan ($X), with a X% share of total imports.

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

Import Prices by Country

In 2020, the average frozen yellowfin tuna import price amounted to $X per ton, with a decrease of -X% against the previous year. Over the period under review, the import price, however, enjoyed a notable expansion. The pace of growth appeared the most rapid in 2017 when the average import price increased by X% y-o-y. Over the period under review, average import prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2020, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2020, the country with the highest price was Japan ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen yellowfin tuna in the world?

The countries with the highest volumes of frozen yellowfin tuna consumption in 2020 were Thailand, Taiwan Chinese) and Spain, with a combined 37% share of global consumption. These countries were followed by Papua New Guinea, Vietnam, Japan, Italy, Panama, Seychelles, France, Mauritius, China and Indonesia, which together accounted for a further 46%.

What are the largest producers of frozen yellowfin tuna in the world?

The countries with the highest volumes of frozen yellowfin tuna production in 2020 were Taiwan Chinese), Papua New Guinea and France, with a combined 41% share of global production.

What are the leading suppliers of frozen yellowfin tuna to South Africa?

In value terms, Taiwan Chinese) constituted the largest supplier of frozen yellowfin tuna to South Africa, comprising 93% of total imports. The second position in the ranking was occupied by Japan, with a 4.1% share of total imports.

What are the leading importers of frozen yellowfin tuna from South Africa?

In value terms, Spain remains the key foreign market for frozen yellowfin tuna exports from South Africa, comprising 91% of total exports. The second position in the ranking was occupied by Italy, with a 6.3% share of total exports.

What is the average export price for frozen yellowfin tuna in South Africa?

In 2020, the average frozen yellowfin tuna export price amounted to $3,327 per ton, rising by 3.1% against the previous year.

What is the average import price for frozen yellowfin tuna in South Africa?

The average frozen yellowfin tuna import price stood at $3,523 per ton in 2020, dropping by -4.2% against the previous year.

This report provides an in-depth analysis of the frozen yellowfin tuna market in South Africa. 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 2025.

Product coverage:

Country coverage:

South Africa

Data coverage:

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

Reasons to buy this report:

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

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How to diversify your business and benefit from new market opportunities
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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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024