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

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

In 2023, the Japanese market for frozen and fresh or chilled skipjack tuna increased by X% to $X, rising for the second consecutive year after four years of decline. In general, consumption, however, showed a deep setback. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.

Production of Frozen And Fresh Or Chilled Skipjack Tuna in Japan

In value terms, production of frozen and fresh or chilled skipjack tuna amounted to $X in 2023 estimated in export price. Overall, production recorded a abrupt slump. The most prominent rate of growth was recorded in 2022 when the production volume increased by X%. Over the period under review, production of hit record highs at $X in 2013; however, from 2014 to 2023, production stood at a somewhat lower figure.

Exports of Frozen And Fresh Or Chilled Skipjack Tuna

Exports from Japan

In 2023, the amount of frozen and fresh or chilled skipjack tuna exported from Japan soared to X tons, rising by X% compared with the year before. Overall, exports, however, saw a pronounced decrease. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2023, the exports remained at a lower figure.

In value terms, exports of frozen and fresh or chilled skipjack tuna soared to $X in 2023. In general, exports, however, recorded a pronounced decrease. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Thailand (X tons) was the main destination for exports of frozen and fresh or chilled skipjack tuna from Japan, accounting for a X% share of total exports. Moreover, exports of frozen and fresh or chilled skipjack tuna to Thailand exceeded the volume sent to the second major destination, the Philippines (X tons), fivefold. Vietnam (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to Thailand totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (X% per year) and Vietnam (X% per year).

In value terms, Thailand ($X) remains the key foreign market for frozen and fresh or chilled skipjack tuna exports from Japan, comprising X% of total exports. The second position in the ranking was taken by the Philippines ($X), with an X% share of total exports. It was followed by Vietnam, with a X% share.

From 2012 to 2023, the average annual growth rate of value to Thailand stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (X% per year) and Vietnam (X% per year).

Export Prices by Country

The average export price for frozen and fresh or chilled skipjack tuna stood at $X per ton in 2023, surging by X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Thailand ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Frozen And Fresh Or Chilled Skipjack Tuna

Imports into Japan

In 2023, supplies from abroad of frozen and fresh or chilled skipjack tuna increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2023, the growth of imports of remained at a lower figure.

In value terms, imports of frozen and fresh or chilled skipjack tuna soared to $X in 2023. In general, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when imports increased by X%. As a result, imports reached the peak of $X. From 2018 to 2023, the growth of imports of failed to regain momentum.

Imports by Country

In 2023, Indonesia (X tons) was the main supplier of frozen and fresh or chilled skipjack tuna to Japan, accounting for a X% share of total imports. It was followed by Marshall Islands (X tons), with a X% share of total imports. The third position in this ranking was held by Micronesia (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Indonesia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Marshall Islands (X% per year) and Micronesia (X% per year).

In value terms, Indonesia ($X) constituted the largest supplier of frozen and fresh or chilled skipjack tuna to Japan, comprising X% of total imports. The second position in the ranking was held by Marshall Islands ($X), with a X% share of total imports. It was followed by Micronesia, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from Indonesia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Marshall Islands (X% per year) and Micronesia (X% per year).

Import Prices by Country

In 2023, the average import price for frozen and fresh or chilled skipjack tuna amounted to $X per ton, picking up by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average import price increased by X%. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2023, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2023, amid the top importers, the highest price was recorded for prices from South Korea ($X per ton) and Taiwan (Chinese) ($X per ton), while the price for Marshall Islands ($X per ton) and Micronesia ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform