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

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

The Europe market for frozen and fresh or chilled skipjack tuna totaled $X in 2023, increasing by X% against the previous year. Over the period under review, consumption, however, continues to indicate a prominent expansion. The level of consumption peaked in 2023 and is expected to retain growth in the immediate term.

Production of Frozen And Fresh Or Chilled Skipjack Tuna in Europe

In value terms, production of frozen and fresh or chilled skipjack tuna expanded rapidly to $X in 2023 estimated in export price. The total production indicated a tangible increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production increased by X% against 2015 indices. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The level of production peaked in 2023 and is expected to retain growth in the immediate term.

Exports of Frozen And Fresh Or Chilled Skipjack Tuna

Exports in Europe

In 2023, overseas shipments of frozen and fresh or chilled skipjack tuna were finally on the rise to reach X tons for the first time since 2018, thus ending a four-year declining trend. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2023, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of frozen and fresh or chilled skipjack tuna soared to $X in 2023. Over the period under review, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, the exports of attained the peak figure at $X in 2018; however, from 2019 to 2023, the exports remained at a lower figure.

Exports by Country

Spain prevails in tuna structure, finishing at X tons, which was near X% of total exports in 2023. It was distantly followed by France (X tons), achieving a X% share of total exports.

Spain 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. France (X%) illustrated a downward trend over the same period. While the share of Spain (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of France (X p.p.) displayed negative dynamics.

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

From 2012 to 2023, the average annual rate of growth in terms of value in Spain stood at X%.

Export Prices by Country

The export price in Europe stood at $X per ton in 2023, surging by X% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2023, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Spain ($X per ton), while France amounted to $X per ton.

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

Imports of Frozen And Fresh Or Chilled Skipjack Tuna

Imports in Europe

In 2023, approx. X tons of frozen and fresh or chilled skipjack tuna were imported in Europe; which is down by X% against 2022 figures. Over the period under review, imports saw a noticeable reduction. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. Over the period under review, imports of reached the peak figure at X tons in 2016; however, from 2017 to 2023, imports stood at a somewhat lower figure.

In value terms, imports of frozen and fresh or chilled skipjack tuna shrank to $X in 2023. Overall, imports recorded a pronounced shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by X%. The level of import peaked at $X in 2017; however, from 2018 to 2023, imports stood at a somewhat lower figure.

Imports by Country

Spain represented the key importing country with an import of about X tons, which recorded X% of total imports. It was distantly followed by Portugal (X tons), constituting a X% share of total imports. France (X tons) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Portugal (with a CAGR of X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Spain ($X), Portugal ($X) and France ($X) were the countries with the highest levels of imports in 2023, together comprising X% of total imports.

France, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2023, the import price in Europe amounted to $X per ton, growing by X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was France ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by France (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform