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South Africa - Frozen Yellowfin Tuna - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSouth Africa: Frozen Yellowfin Tuna Market 2022
Frozen Yellowfin Tuna Market Size in South Africa
The South African frozen yellowfin tuna market fell dramatically to $X in 2020, reducing by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a dramatic downturn. Frozen yellowfin tuna consumption peaked at $X in 2019, and then fell rapidly in the following year.
Frozen Yellowfin Tuna Exports
Exports from South Africa
In 2020, shipments abroad of frozen yellowfin tuna decreased by -X% to X tons, falling for the sixth consecutive year after two years of growth. Over the period under review, exports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2011 when exports increased by X% y-o-y. Over the period under review, exports reached the peak figure at X tons in 2014; however, from 2015 to 2020, exports failed to regain the momentum.
In value terms, frozen yellowfin tuna exports dropped to $X in 2020. Overall, exports recorded a abrupt decrease. The growth pace was the most rapid in 2011 when exports increased by X% year-to-year. Over the period under review, exports reached the maximum at $X in 2014; however, from 2015 to 2020, exports failed to regain the momentum.
Exports by Country
Spain (X tons) was the main destination for frozen yellowfin tuna exports from South Africa, with a X% share of total exports. Moreover, frozen yellowfin tuna exports to Spain exceeded the volume sent to the second major destination, Italy (X tons), more than tenfold.
From 2007 to 2020, the average annual rate of growth in terms of volume to Spain stood at -X%.
In value terms, Spain ($X) remains the key foreign market for frozen yellowfin tuna exports from South Africa, comprising X% of total exports. The second position in the ranking was occupied by Italy ($X), with a X% share of total exports.
From 2007 to 2020, the average annual rate of growth in terms of value to Spain totaled -X%.
Export Prices by Country
The average frozen yellowfin tuna export price stood at $X per ton in 2020, growing by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. The export price peaked in 2020 and is expected to retain growth in the immediate term.
Average prices varied noticeably for the major external markets. In 2020, the country with the highest price was Italy ($X per ton), while the average price for exports to Spain amounted to $X per ton.
From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Italy.
Frozen Yellowfin Tuna Imports
Imports into South Africa
In 2020, after three years of growth, there was significant decline in purchases abroad of frozen yellowfin tuna, when their volume decreased by -X% to X tons. In general, imports showed a deep downturn. The pace of growth appeared the most rapid in 2015 when imports increased by X% y-o-y. As a result, imports attained the peak of X tons. from 2016 to 2020, the growth imports failed to regain the momentum.
In value terms, frozen yellowfin tuna imports declined significantly to $X in 2020. Over the period under review, imports showed a slight descent. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, imports attained the peak of $X. from 2016 to 2020, the growth imports remained at a somewhat lower figure.
Imports by Country
In 2020, Taiwan (Chinese) (X tons) was the main frozen yellowfin tuna supplier to South Africa, with a X% share of total imports. Moreover, frozen yellowfin tuna imports from Taiwan (Chinese) exceeded the figures recorded by the second-largest supplier, Japan (X tons), more than tenfold.
From 2007 to 2020, the average annual growth rate of volume from Taiwan (Chinese) amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+X% per year) and Namibia (-X% per year).
In value terms, Taiwan (Chinese) ($X) constituted the largest supplier of frozen yellowfin tuna to South Africa, comprising X% of total imports. The second position in the ranking was occupied by Japan ($X), with a X% share of total imports.
From 2007 to 2020, the average annual growth rate of value from Taiwan (Chinese) totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+X% per year) and Namibia (-X% per year).
Import Prices by Country
In 2020, the average frozen yellowfin tuna import price amounted to $X per ton, with a decrease of -X% against the previous year. Over the period under review, the import price, however, enjoyed a notable expansion. The pace of growth appeared the most rapid in 2017 when the average import price increased by X% y-o-y. Over the period under review, average import prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2020, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2020, the country with the highest price was Japan ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.
From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the frozen yellowfin tuna market in South Africa. 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:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- 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
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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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