Report Update May 1, 2024

Brazil - Bigeye Tuna - Market Analysis, Forecast, Size, Trends and Insights

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Brazil: Bigeye Tuna Market 2022

Bigeye Tuna Market Size in Brazil

In 2020, the Brazilian bigeye tuna market was finally on the rise to reach $X for the first time since 2015, thus ending a four-year declining trend. Over the period under review, consumption, however, faced a abrupt slump. Over the period under review, the market hit record highs at $X in 2008; however, from 2009 to 2020, consumption stood at a somewhat lower figure.

Bigeye Tuna Production in Brazil

In value terms, bigeye tuna production declined notably to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. Bigeye tuna production peaked at $X in 2018; however, from 2019 to 2020, production stood at a somewhat lower figure.

Bigeye Tuna Exports

Exports from Brazil

In 2020, shipments abroad of bigeye tuna decreased by -X% to X tons for the first time since 2006, thus ending a thirteen-year rising trend. Over the period under review, exports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. Over the period under review, exports hit record highs at X tons in 2019, and then shrank notably in the following year.

In value terms, bigeye tuna exports dropped sharply to $X in 2020. In general, exports, however, posted a strong expansion. The pace of growth appeared the most rapid in 2009 when exports increased by X% year-to-year. Exports peaked at $X in 2019, and then dropped notably in the following year.

Exports by Country

Guatemala (X tons) was the main destination for bigeye tuna exports from Brazil, accounting for a X% share of total exports. Moreover, bigeye tuna exports to Guatemala exceeded the volume sent to the second major destination, Ecuador (X tons), threefold.

From 2007 to 2020, the average annual rate of growth in terms of volume to Guatemala totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ecuador (+X% per year) and Guyana (-X% per year).

In value terms, Guatemala ($X) remains the key foreign market for bigeye tuna exports from Brazil, comprising X% of total exports. The second position in the ranking was occupied by Ecuador ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value to Guatemala was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Ecuador (-X% per year) and Guyana (-X% per year).

Export Prices by Country

The average bigeye tuna export price stood at $X per ton in 2020, dropping by -X% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2010 an increase of X% y-o-y. The export price peaked at $X per ton in 2018; however, from 2019 to 2020, export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2020, the country with the highest price was Guyana ($X per ton), while the average price for exports to Ecuador ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Guyana, while the prices for the other major destinations experienced a decline.

Bigeye Tuna Imports

Imports into Brazil

Bigeye tuna imports into Brazil stood at X kg in 2020, stabilizing at the year before. In general, imports enjoyed a significant expansion. Over the period under review, imports reached the peak figure at X tons in 2015; however, from 2016 to 2020, imports remained at a lower figure.

In value terms, bigeye tuna imports amounted to $X in 2020. Over the period under review, imports continue to indicate a significant expansion. Imports peaked at $X in 2015; however, from 2016 to 2020, imports remained at a lower figure.

Imports by Country

In 2015, Ecuador (X tons) was the main bigeye tuna supplier to Brazil, accounting for a approx. X% share of total imports.

From 2007 to 2015, the average annual rate of growth in terms of volume from Ecuador was relatively modest.

In value terms, Ecuador ($X) constituted the largest supplier of bigeye tuna to Brazil.

From 2007 to 2015, the average annual growth rate of value from Ecuador was relatively modest.

Import Prices by Country

The average bigeye tuna import price stood at $X per ton in 2015, therefore, remained relatively stable against the previous year. Over the period under review, the import price recorded a buoyant increase. The import price peaked in 2015 and is expected to retain growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Ecuador.

From 2007 to 2015, the rate of growth in terms of prices for Ecuador amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for bigeye tuna in the world?

The countries with the highest volumes of bigeye tuna consumption in 2020 were Japan, Taiwan Chinese) and Thailand, together accounting for 63% of global consumption. These countries were followed by China, South Korea, Ecuador, France and Mauritius, which together accounted for a further 21%.

What are the largest producers of bigeye tuna in the world?

The countries with the highest volumes of bigeye tuna production in 2020 were Taiwan Chinese), China and South Korea, with a combined 69% share of global production. These countries were followed by France, Ecuador, Panama, Indonesia, Oman and Singapore, which together accounted for a further 21%.

What are the leading suppliers of bigeye tuna to Brazil?

In value terms, Ecuador constituted the largest supplier of bigeye tuna to Brazil.

What are the leading importers of bigeye tuna from Brazil?

In value terms, Guatemala remains the key foreign market for bigeye tuna exports from Brazil, comprising 64% of total exports. The second position in the ranking was occupied by Ecuador, with a 22% share of total exports.

What is the average export price for bigeye tuna in Brazil?

In 2020, the average bigeye tuna export price amounted to $1,812 per ton, reducing by -21.5% against the previous year.

What is the average import price for bigeye tuna in Brazil?

In 2015, the average bigeye tuna import price amounted to $1,494 per ton, flattening at the previous year.

This report provides an in-depth analysis of the bigeye tuna market in Brazil. 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:

Brazil

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Brazil
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023