Report Update May 1, 2024

Luxembourg - Frozen Yellowfin Tuna - Market Analysis, Forecast, Size, Trends and Insights

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Luxembourg: Frozen Yellowfin Tuna Market 2022

Frozen Yellowfin Tuna Market Size in Luxembourg

For the fourth year in a row, the Luxembourg frozen yellowfin tuna market recorded decline in sales value, which decreased by -X% to $X in 2020. In general, consumption recorded a abrupt contraction. The most prominent rate of growth was recorded in 2014 when the market value increased by X% year-to-year. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2020, consumption remained at a lower figure.

Frozen Yellowfin Tuna Exports

Exports from Luxembourg

In 2020, frozen yellowfin tuna exports from Luxembourg declined notably to X kg, falling by -X% against the previous year's figure. Over the period under review, exports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2018 when exports increased by X% year-to-year. As a result, exports attained the peak of X kg. from 2019 to 2020, the growth exports failed to regain the momentum.

In value terms, frozen yellowfin tuna exports fell markedly to $X in 2020. Overall, exports, however, saw a significant increase. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. As a result, exports reached the peak of $X. from 2019 to 2020, the growth exports remained at a lower figure.

Exports by Country

Denmark (X kg) was the main destination for frozen yellowfin tuna exports from Luxembourg, with a X% share of total exports. Moreover, frozen yellowfin tuna exports to Denmark exceeded the volume sent to the second major destination, the Netherlands (X kg), more than tenfold.

From 2007 to 2019, the average annual growth rate of volume to Denmark stood at -X%.

In value terms, Denmark ($X) remains the key foreign market for frozen yellowfin tuna exports from Luxembourg, comprising X% of total exports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total exports.

From 2007 to 2019, the average annual growth rate of value to Denmark amounted to -X%.

Export Prices by Country

In 2019, the average frozen yellowfin tuna export price amounted to $X per ton, standing approx. at the previous year. Over the period under review, export price indicated a remarkable increase from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, frozen yellowfin tuna export price increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2011 an increase of X% year-to-year. The export price peaked in 2019 and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Denmark ($X per ton), while the average price for exports to the Netherlands stood at $X per ton.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Denmark.

Frozen Yellowfin Tuna Imports

Imports into Luxembourg

In 2020, supplies from abroad of frozen yellowfin tuna decreased by -X% to X tons, falling for the fourth consecutive year after three years of growth. In general, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2016; however, from 2017 to 2020, imports failed to regain the momentum.

In value terms, frozen yellowfin tuna imports contracted sharply to $X in 2020. Over the period under review, imports recorded a deep setback. The most prominent rate of growth was recorded in 2014 when imports increased by X% year-to-year. Over the period under review, imports attained the maximum at $X in 2016; however, from 2017 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, France (X tons) constituted the largest supplier of frozen yellowfin tuna to Luxembourg, with a X% share of total imports. Moreover, frozen yellowfin tuna imports from France exceeded the figures recorded by the second-largest supplier, Belgium (X kg), sixfold.

From 2007 to 2020, the average annual rate of growth in terms of volume from France stood at +X%.

In value terms, France ($X) constituted the largest supplier of frozen yellowfin tuna to Luxembourg, comprising X% of total imports. The second position in the ranking was occupied by Belgium ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from France totaled +X%.

Import Prices by Country

In 2020, the average frozen yellowfin tuna import price amounted to $X per ton, shrinking by -X% against the previous year. Over the period under review, the import price recorded a perceptible descent. The growth pace was the most rapid in 2013 when the average import price increased by X% y-o-y. Over the period under review, average import prices reached the peak figure at $X per ton in 2007; however, from 2008 to 2020, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2020, the country with the highest price was Belgium ($X per ton), while the price for France stood at $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Belgium.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen yellowfin tuna in the world?

The countries with the highest volumes of frozen yellowfin tuna consumption in 2020 were Thailand, Taiwan Chinese) and Spain, with a combined 37% share of global consumption. These countries were followed by Papua New Guinea, Vietnam, Japan, Italy, Panama, Seychelles, France, Mauritius, China and Indonesia, which together accounted for a further 46%.

What are the largest producers of frozen yellowfin tuna in the world?

The countries with the highest volumes of frozen yellowfin tuna production in 2020 were Taiwan Chinese), Papua New Guinea and France, together accounting for 41% of global production.

What are the leading suppliers of frozen yellowfin tuna to Luxembourg?

In value terms, France constituted the largest supplier of frozen yellowfin tuna to Luxembourg, comprising 80% of total imports. The second position in the ranking was occupied by Belgium, with a 20% share of total imports.

What are the leading importers of frozen yellowfin tuna from Luxembourg?

In value terms, Denmark remains the key foreign market for frozen yellowfin tuna exports from Luxembourg, comprising 98% of total exports. The second position in the ranking was occupied by the Netherlands $23), with a 2.1% share of total exports.

What is the average export price for frozen yellowfin tuna in Luxembourg?

The average frozen yellowfin tuna export price stood at $4,028 per ton in 2019, standing approx. at the previous year.

What is the average import price for frozen yellowfin tuna in Luxembourg?

The average frozen yellowfin tuna import price stood at $7,343 per ton in 2020, with a decrease of -15.3% against the previous year.

This report provides an in-depth analysis of the frozen yellowfin tuna market in Luxembourg. 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:

Luxembourg

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Luxembourg
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

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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