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Italy - Bigeye Tuna - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBigeye Tuna Price in Italy - 2023
Contents:
- Bigeye Tuna Price in Italy (CIF) - 2023
- Bigeye Tuna Price in Italy (FOB) - 2022
- Bigeye Tuna Imports in Italy
- Bigeye Tuna Exports in Italy
Bigeye Tuna Price in Italy (CIF) - 2023
The average bigeye tuna import price stood at $3,513 per ton in May 2023, dropping by -47.2% against the previous month. Over the period under review, the import price, however, saw a buoyant increase. The growth pace was the most rapid in June 2022 an increase of 376% month-to-month. Over the period under review, average import prices reached the peak figure at $10,761 per ton in August 2022; however, from September 2022 to May 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was Spain ($12,608 per ton), while the price for Seychelles amounted to $1,470 per ton.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Spain (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Bigeye Tuna Price in Italy (FOB) - 2022
The average bigeye tuna export price stood at $8,243 per ton in 2022, shrinking by -7.1% against the previous year. Overall, the export price, however, recorded a remarkable increase. The pace of growth was the most pronounced in 2013 when the average export price increased by 80% against the previous year. Over the period under review, the average export prices hit record highs at $11,263 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($14,031 per ton), while the average price for exports to Mauritius amounted to $5,835 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+46.0%), while the prices for the other major destinations experienced more modest paces of growth.
Bigeye Tuna Imports in Italy
In 2022, the amount of bigeye tuna imported into Italy stood at 388 tons, surging by 9.9% compared with 2021. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 380%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, bigeye tuna imports shrank to $1.5M in 2022. Overall, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 452%. As a result, imports reached the peak of $1.6M, and then reduced in the following year.
Import of Bigeye Tuna in Italy (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 207 | 185 | 1,239 | 1,137 | 76.4% |
Mauritius | 41.6 | 16.0 | 176 | 162 | 57.3% |
South Africa | N/A | N/A | 57.0 | 53.6 | -6.0% |
Seychelles | 17.6 | 33.7 | 42.0 | 38.6 | 29.9% |
Others | 117 | 50.1 | 57.0 | 84.5 | -10.3% |
Total | 383 | 285 | 1,571 | 1,475 | 56.7% |
Top Suppliers of Bigeye Tuna to Italy in 2022:
- Mauritius (175.0 tons)
- Spain (157.3 tons)
- Seychelles (37.7 tons)
- South Africa (7.4 tons)
Bigeye Tuna Exports in Italy
In 2022, after two years of decline, there was significant growth in shipments abroad of bigeye tuna, when their volume increased by 13% to 1.3 tons. In general, exports, however, faced a sharp reduction.
In value terms, bigeye tuna exports expanded remarkably to $10K in 2022. Over the period under review, exports, however, continue to indicate a precipitous shrinkage.
Export of Bigeye Tuna in Italy (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mauritius | 11.3 | 3.7 | 3.2 | 5.5 | -21.3% |
Spain | 5.2 | 4.8 | 3.6 | 4.4 | -5.4% |
Madagascar | N/A | 2.1 | 2.6 | N/A | 23.8% |
Turkey | 5.2 | N/A | N/A | N/A | 0% |
Others | 0.7 | 0.3 | 0.6 | 0.6 | -5.0% |
Total | 22.4 | 10.9 | 9.9 | 10.4 | -22.6% |
Top Export Markets for Bigeye Tuna from Italy in 2022:
- Mauritius (939.0 kg)
- Spain (311.0 kg)
This report provides an in-depth analysis of the bigeye tuna market in Italy. 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:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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