Bigeye Tuna Price in Tanzania - 2022
Contents:
Bigeye Tuna Price in Tanzania (FOB) - 2022
In 2022, the average bigeye tuna export price amounted to $2,540 per ton, waning by -24% against the previous year. Over the period under review, the export price recorded a deep reduction. The most prominent rate of growth was recorded in 2016 when the average export price increased by 13%. Over the period under review, the average export prices reached the peak figure at $7,961 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($3,053 per ton), while the average price for exports to Spain ($1,398 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (-3.9%).
Bigeye Tuna Exports in Tanzania
For the fourth year in a row, Tanzania recorded growth in shipments abroad of bigeye tuna, which increased by 0.6% to 266 tons in 2022. Overall, exports continue to indicate a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, bigeye tuna exports dropped notably to $675K in 2022. In general, exports, however, faced a drastic downturn. The smallest decline of -12.5% was in 2020.
Export of Bigeye Tuna in Tanzania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 1,154 | 1,009 | 883 | 560 | -21.4% |
Spain | N/A | N/A | N/A | 82.4 | 0% |
Guatemala | N/A | N/A | N/A | 30.9 | 0% |
Others | N/A | N/A | N/A | 1.8 | 0% |
Total | 1,154 | 1,009 | 883 | 675 | -16.4% |
Top Export Markets for Bigeye Tuna from Tanzania in 2022:
- Japan (183.4 tons)
- Spain (58.9 tons)
- Guatemala (21.7 tons)
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