Spain Tuna Fish Market- Trend Analysis & Forecast to 2030
Spain tuna fish market demand reached ** thousand tonnes in 2023 and is projected to grow at a CAGR of **% from 2020 to 2030.</b> Spain plays a pivotal role...
| Report ID: AGI-023 | 136 Pages | Status: Upcoming |
Spain Tuna Fish Market- Trend Analysis & Forecast to 2030
Spain tuna fish demand reached ** thousand tonnes in 2023 and is projected to grow at a CAGR of **% from 2020 to 2030. Spain plays a pivotal role in the global tuna fish market as one of the largest producer, exporter, and importer. The country imported 140.76 thousand tonnes of tuna fish valued US$ 816 million in 2023. At the same time, Spain exported 103.44 thousand tonnes of tuna fish products valued at US$ 786 million in 2023. Its tuna industry, driven by increasing demand and advanced processing technologies, is expected to grow steadily through 2030, although it faces challenges from environmental concerns and fluctuating raw material prices.
Primary Areas/ Elements of Research & Analysis The report provides comprehensive and valuable insights into the supply and demand dynamics of the Spain tuna fish market. Below are the variables considered and analyzed in the report:
■ Analysis of the Spain tuna fish market with respect to supply-demand, growth trends, and trade (export & import) patterns |
Market/ Product Overview
The Spain tuna fish market is an integral part of the country's fishing and seafood processing industry, contributing significantly to both domestic consumption and global exports. With a well-established fishing fleet and processing infrastructure, Spain leads in the production of both fresh and canned tuna, particularly in the European Union. The demand for tuna fish in Spain has been on the rise due to the increasing awareness of its nutritional benefits, such as being a rich source of protein and omega-3 fatty acids. Additionally, the demand for sustainable and eco-friendly seafood is boosting the need for certification and sustainable fishing practices, which is reshaping the market dynamics. The Spain tuna fish market is forecasted to grow steadily, supported by advancements in fishing and processing techniques and increasing export activities.
Spain Significance in the Global Tuna Fish Supply
Spain is a global leader in the tuna fish supply chain, particularly in Europe. The country is home to some of the world’s largest tuna processing plants and has a dominant position in canned tuna production. Some of the major processing companies include Grupo Calvo, Conservas Garavilla, and IG Montes. The Spanish tuna canning industry relies heavily on imports of tuna raw material from Ecuador. Spain also plays a crucial role in setting international standards for sustainable fishing and tuna processing.
Spain Tuna Fish Supply & Demand Trend
Spain’s tuna production is dominated by both fresh and canned tuna products, with high demand both domestically and in international markets. According to Food and Agriculture Organization (FAO), Spain produces almost 70% of the canned tuna processed in the EU. Domestic demand is driven by increasing consumption of seafood for health reasons, while export demand remains strong, particularly in the European Union. The trend indicates continued growth as Spain balances between sustainable fishing and meeting market demands.
Tuna fish from Spain is primarily used in canned products, ready-to-eat meals, and the fresh seafood market. Major end-use industries include food processing companies, retail, and the restaurant and hospitality sector. The growing popularity of high-protein diets has also boosted its demand in the health and wellness food industry.
Spain Tuna Fish Market Growth Factors
The growth of the Spain tuna fish market is driven by several factors, including increasing global demand for protein-rich seafood, growing health awareness among consumers, and rising disposable incomes. Additionally, Spain's highly advanced processing capabilities and strategic geographic position make it a hub for tuna exports across Europe and other international markets. The shift toward sustainably sourced tuna, driven by consumer preference for eco-friendly products, is also fostering market expansion. Furthermore, the robust presence of leading Spanish companies in global supply chains ensures steady growth in production, innovation, and export activities.
Spain Tuna Fish Market Restraints & Challenges
The Spain tuna market faces several challenges, including the rising cost of raw materials, specifically tuna stocks affected by overfishing and climate change. Increasing regulatory pressures regarding sustainability and environmental impacts also pose significant hurdles. Moreover, Spain is exposed to global competition, which can impact market share and profitability. Fluctuating fuel prices, which directly affect fishing costs, further add to the market's unpredictability.
Spain Tuna Fish Industry: Supply Chain Constraints and Value Chain Challenges
The supply chain of the tuna fish market in Spain experiences challenges at multiple levels, primarily due to overfishing concerns and sustainability pressures. Limited tuna stocks have led to stricter fishing quotas, reducing the overall catch. Additionally, high competition in the procurement of raw tuna has driven prices upwards, impacting the cost structure for processors. Transportation and logistics disruptions, including fluctuating fuel prices and increased regulations on sustainable fishing, create further bottlenecks, affecting timely deliveries and increasing operational costs for exporters and suppliers.
Spain Influence on Global Tuna Fish Prices
Spain, as a leading player in the global tuna market, has substantial influence over price setting, particularly in the European Union. Its processing capacity and market share in canned tuna enable it to set competitive prices. However, external factors such as raw material availability, sustainability compliance costs, and global market trends can affect its pricing power.
Spain Tuna Fish Trade (Export & Import) Trend
Spain is a major exporter of tuna, particularly canned tuna, to markets across Europe, including Germany, France, and Italy. The country’s tuna exports have seen steady growth due to high demand from these regions. Spain also imports tuna, primarily raw frozen tuna for its processing industries, from countries like Ecuador and the Philippines. The overall trade balance remains positive, with exports significantly outpacing imports due to the large-scale processing capabilities within Spain. Trade agreements with key global partners continue to enhance Spain’s position as a critical player in the tuna export market.
Spain Tuna Fish Market Competitive Analysis
The Spain tuna fish market is highly competitive, with major players dominating the industry through vertical integration, from fishing to processing to retail. Leading companies leverage their advanced processing technologies, extensive distribution networks, and strong export portfolios to maintain their competitive edge. Small to medium-sized players focus on niche products and sustainability certifications to differentiate themselves.
List of Key Companies (Suppliers/ Processor/ Exporters),
■ Grupo Calvo
■ JEALSA Corporation
■ Albacora Group
■ Frinsa del Noroeste S.A.
■ Conservas Garavilla
■ Conservas Ortiz
■ Conservas Selectas de Galicia
■ Conservas Daporta
■ Salica Industria Alimentaria S.A. (Albacora Group)
■ Conservas Albo
■ Consorcio Español Conservero
■ Hijos de Carlos Albo S.A.
■ Conservas Agromar
■ Conservas Dani SAU
Future Outlook
The future outlook for the Spain tuna fish market remains positive, with steady growth expected through 2030. Continued emphasis on sustainability, advancements in processing technology, and expansion in export markets will drive the market forward. However, maintaining a balance between meeting global demand and adhering to stringent environmental regulations will be crucial for sustained success. Increasing focus on eco-labels and traceability will likely become essential for companies operating in this sector.
Report Coverage
Spain tuna fish market report covers historical market data from 2015-2023 and projections to 2030. The report also includes supply & demand and trade (import-export) market analysis. The decision matrix analysis helped in identifying the barriers and their implications on the value chain and different factors of relative significance to the Spain tuna fish market are diligently tracked and their impact closely monitored for short, medium, and long-term market cycles. The report's contents cover an analysis of the aspects involved in the tuna fish market such as the parent market, the evolution of the industry, innovative technologies in the manufacturing process, supply chain, and listing of key exporters.
Scope of the Report
| Report Attributes | Details |
|---|---|
| Historical Years | 2015–2022 |
| Base Year | 2023 |
| Forecast Period | 2024–2030 |
| Units | Value (US$ Million) and Volume (Thousand Tonnes) |
| Report Coverage | Production, Consumption, Export, and Import |
| Segments Covered |
|
| Geographies Covered | Spain |
| Companies Profiled | The market players include, Grupo Calvo, JEALSA Corporation, Albacora Group, Frinsa del Noroeste S.A., Conservas Garavilla, Conservas Ortiz, Conservas Selectas de Galicia, Conservas Daporta, Salica Industria Alimentaria S.A. (Albacora Group), Conservas Albo, Consorcio Español Conservero, Hijos de Carlos Albo S.A., Conservas Agromar, Conservas Dani SAU, and Others |
Research Design
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■ Germany Tuna Fish Market – Trend Analysis & Forecast to 2030
■ Ecuador Tuna Fish Market – Trend Analysis & Forecast to 2030
Spain Tuna Fish Market – Supply & Demand, Trade, and Competitive Landscape Analysis
1. Executive Summary2. Introduction
2.1. Objectives & Scope of the Study
2.2. Definitions & Economic Importance
2.3. Research Methodology
2.4. Factors and Decision Matrix Analysis
2.5. Limitations & Challenges
3.1. Evolution/ Origin & Geographic/Agronomic Suitability
3.2. Country Fishery & Aquaculture Industry Overview
3.3. Consumer Preference for Tuna Fish
3.4. Regulatory Analysis
5. Spain Tuna Fish Market Growth Factors Analysis
5.1. Drivers and Restraints Analysis
5.2. Challenges and Opportunities Analysis
5.3. Spain Tuna Fish Industry SWOT Analysis
5.4. Spain Tuna Fish Market PESTEL Analysis
5.5. Spain Tuna Fish Market Porter's Five Forces analysis
6.1. Spain Tuna Fish Production Trend
7. Spain Tuna Fish Market: Demand Analysis
7.1. Domestic Consumption
7.2. Imports & Exports
7.3. Tuna Fish Supply Chain Analysis
7.4. Tuna Fish Product Variants
8.1. Spain Tuna Fish Market, by Species
8.1.1. Skipjack Tuna
8.1.2. Yellowfin Tuna
8.1.3. Bluefin Tuna
8.1.4. Bigeye Tuna
8.1.5. Albacore Tuna
8.1.6. Others
8.2. Spain Tuna Fish Market, by Form
8.2.1. Fresh Tuna
8.2.2. Canned Tuna
8.2.3. Frozen Tuna
8.3. Spain Tuna Fish Market, by Sales
8.3.1. Domestic Consumption (Retail and HoReCa)
8.3.2. Imports & Exports
9.1. Tuna Fish Import Trend Analysis
9.2. Top 10 Import Origins of Spain Tuna Fish
9.3. Tuna Fish Export Trend Analysis
9.4. Top 10 Export Destinations for Spain Tuna Fish
10.1. Domestic Price Trend
10.2. Import/Export Price Trend
10.3. Price Seasonality & Price Pattern Analysis
10.4. Price Events Analysis
11.1. Spain Tuna Fish Market Mapping
11.1.1. List of Key Countries Exporting Tuna Fish to Spain
11.1.2. List of Key Companies Importing Tuna Fish to Spain
11.2. Company Profiles
11.2.1. Grupo Calvo
11.2.1. JEALSA Corporation
11.2.1. Albacora Group
11.2.1. Frinsa del Noroeste S.A.
11.2.1. Conservas Garavilla
11.2.1. Conservas Ortiz
11.2.1. Conservas Selectas de Galicia
11.2.1. Conservas Daporta
11.2.1. Salica Industria Alimentaria S.A. (Albacora Group)
11.2.1. Conservas Albo
11.2.1. Consorcio Español Conservero
11.2.1. Hijos de Carlos Albo S.A.
11.2.1. Conservas Agromar
11.2.1. Conservas Dani SAU
13. Appendix
Table 1: Spain Fishery & Aquaculture Production Volume (Tonnes)
Table 2: Spain Tuna Fish Production, Value (US$ Million)
Table 3: Spain Tuna Fish Production Volume (Tonnes)
Table 4: Spain Tuna Fish Market, Demand Volume Details (Volume)
Table 5: Spain Tuna Fish Market, By Species (Volume)
Table 6: Spain Skipjack Tuna Fish Market (Volume)
Table 7: Spain Yellowfin Tuna Fish Market (Volume)
Table 8: Spain Tuna Fish Market, By Form (Volume)
Table 9: Spain Fresh Tuna Fish Market (Volume)
Table 10: Spain Canned Tuna Fish Market (Volume)
Table 11: Spain Frozen Tuna Fish Market (Volume)
Table 12: Spain Tuna Fish Import Trend, by Value
Table 13: Spain Tuna Fish Import Trend, by Volume
Table 14: Spain Tuna Fish Import Origins by Volume (in %share)
Table 15: Spain Tuna Fish Import Origins by Value (in %share)
Table 16: Top 10 Countries Exporting Tuna Fish to Spain, by Value
Table 17: Top 10 Countries Exporting Tuna Fish to Spain, by Volume
Table 18: Spain Tuna Fish Import Trend, By Form
Table 19: Spain Tuna Fish Export Trend, by Value
Table 20: Spain Tuna Fish Export Trend, by Volume
Table 21: Spain Tuna Fish Export Destinations by Volume (in %share)
Table 22: Spain Tuna Fish Export Destinations by Value (in %share)
Table 23: Spain Domestic Tuna Fish Market Price Trend
Table 24: Spain Tuna Fish Import Market Price Trend
Table 25: Thailand Tuna Fish Export Trend
Table 26: Vietnam Tuna Fish Export Trend
Table 27: Industry Recent Developments
Table 28: Key Companies involved in Global Tuna Fish Trade, Processing, and Supply
Figure 1: Spain Fishery & Aquaculture Production Trend Analysis
Figure 2: Spain Population Dynamics
Figure 3: Spain: GDP Annual Growth & Exchange Rate Trend
Figure 4: Global Tuna Fish Market – An Overview
Figure 5: Global and Spain Tuna Fish Production Trend Comparison
Figure 6: Spain Fishery & Aquaculture Production Volume (Tonnes)
Figure 7: Spain Tuna Fish Production, Value (US$ Million)
Figure 8: Spain Tuna Fish Production Volume (Tonnes)
Figure 9: Spain Tuna Fish Market, Demand Volume Details (Volume)
Figure 10: Spain Tuna Fish Market, By Species (Volume)
Figure 11: Spain Skipjack Tuna Fish Market (Volume)
Figure 12: Spain Yellowfin Tuna Fish Market (Volume)
Figure 13: Spain Tuna Fish Market, By Form (Volume)
Figure 14: Spain Fresh Tuna Fish Market (Volume)
Figure 15: Spain Canned Tuna Fish Market (Volume)
Figure 16: Spain Frozen Tuna Fish Market (Volume)
Figure 17: Spain Tuna Fish Export Trend, by Value
Figure 18: Spain Tuna Fish Export Trend, by Volume
Figure 19: Spain Tuna Fish Export Destinations by Volume (in %share)
Figure 20: Spain Tuna Fish Export Destinations by Value (in %share)
Figure 21: Top 10 Countries Importing Tuna Fish from Spain, by Value
Figure 22: Top 10 Countries Importing Tuna Fish from Spain, by Volume
Figure 23: Spain Tuna Fish Import Trend, by Value
Figure 24: Spain Tuna Fish Import Trend, by Volume
Figure 25: Spain Tuna Fish Import Origins by Volume (in %share)
Figure 26: Spain Tuna Fish Import Origins by Value (in %share)
Figure 27: Top 10 Countries Exporting Tuna Fish to Spain, by Value
Figure 28: Top 10 Countries Exporting Tuna Fish to Spain, by Volume
Figure 29: Spain Tuna Fish Import Trend, By Form
Figure 30: Spain Domestic Tuna Fish Market Price Trend
Figure 31: Spain Tuna Fish Import Market Price Trend
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