Eastern Europe: Market for Frozen And Fresh Or Chilled Skipjack Tuna 2024

Market Size for Frozen And Fresh Or Chilled Skipjack Tuna in Eastern Europe

In 2023, the East European market for frozen and fresh or chilled skipjack tuna decreased by X% to $X, falling for the fourth consecutive year after two years of growth. Over the period under review, consumption recorded a perceptible decrease. The level of consumption peaked at $X in 2019; however, from 2020 to 2023, consumption failed to regain momentum.

Production of Frozen And Fresh Or Chilled Skipjack Tuna in Eastern Europe

In value terms, production of frozen and fresh or chilled skipjack tuna totaled $X in 2023 estimated in export price. Over the period under review, production recorded a pronounced curtailment. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2023, production of growth remained at a somewhat lower figure.

Exports of Frozen And Fresh Or Chilled Skipjack Tuna

Exports in Eastern Europe

In 2023, shipments abroad of frozen and fresh or chilled skipjack tuna was finally on the rise to reach X tons after three years of decline. In general, exports saw a significant expansion. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2023, the growth of the exports of failed to regain momentum.

In value terms, exports of frozen and fresh or chilled skipjack tuna surged to $X in 2023. Overall, exports continue to indicate significant growth. Over the period under review, the exports of attained the peak figure at $X in 2019; however, from 2020 to 2023, the exports failed to regain momentum.

Exports by Country

Poland represented the major exporting country with an export of around X tons, which reached X% of total exports. It was distantly followed by Russia (X tons), comprising a X% share of total exports.

Poland was also the fastest-growing in terms of the frozen and fresh or chilled skipjack tuna exports, with a CAGR of X% from 2012 to 2023. At the same time, Russia (X%) displayed positive paces of growth. While the share of Poland (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Russia (X p.p.) displayed negative dynamics.

In value terms, Poland ($X) emerged as the largest frozen and fresh or chilled skipjack tuna supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by Russia ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value in Poland amounted to X%.

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2023, growing by X% against the previous year. In general, the export price recorded a moderate increase. Over the period under review, the export prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Poland ($X per ton), while Russia stood at $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Poland (X%).

Imports of Frozen And Fresh Or Chilled Skipjack Tuna

Imports in Eastern Europe

In 2023, the amount of frozen and fresh or chilled skipjack tuna imported in Eastern Europe shrank to X tons, with a decrease of X% on the previous year. Overall, imports recorded a noticeable descent. The pace of growth was the most pronounced in 2019 with an increase of X%. As a result, imports reached the peak of X tons. From 2020 to 2023, the growth of imports of remained at a lower figure.

In value terms, imports of frozen and fresh or chilled skipjack tuna amounted to $X in 2023. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2023, the growth of imports of failed to regain momentum.

Imports by Country

Russia was the main importer of frozen and fresh or chilled skipjack tuna in Eastern Europe, with the volume of imports accounting for X tons, which was near X% of total imports in 2023. It was distantly followed by Romania (X tons), making up a X% share of total imports.

Imports into Russia increased at an average annual rate of X% from 2012 to 2023. At the same time, Romania (X%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2023. Russia (X p.p.) and Romania (X p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest frozen and fresh or chilled skipjack tuna importing markets in Eastern Europe were Russia ($X) and Romania ($X).

Among the main importing countries, Romania, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

In 2023, the import price in Eastern Europe amounted to $X per ton, surging by X% against the previous year. Import price indicated a pronounced increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, import price for frozen and fresh or chilled skipjack tuna decreased by X% against 2021 indices. The growth pace was the most rapid in 2017 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per ton in 2021; however, from 2022 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Romania ($X per ton), while Russia stood at $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Romania (X%).

Source: IndexBox Platform