Feb 3, 2026
Four Northeast Atlantic coastal parties reached a quota-sharing deal in December 2025 for this year’s mackerel-fishing season, according to SeafoodSource. The agreement includes the U.K., Norway, the Faroe Islands, and Iceland, the latter of which has been included on a mackerel quota-sharing deal for the first time.
The agreement sets the 2026 total allowable catch (TAC) for mackerel in the Northeast Atlantic at 299,010 metric tons (MT), a 48 percent reduction from the previous year. The International Council for the Exploration of the Sea (ICES) had called for 70 percent cuts to halt overfishing effects.
The deal allocates 30.55 percent of the quota to the U.K., 26.4 percent to Norway, 12 percent to the Faroe Islands, and 10.5 percent to Iceland. The remaining 20.55 percent is for the E.U., Greenland, and Russia, which are not part of the agreement.
Icelandic Foreign Minister Katrin Gunnarsdottir said, “Iceland has a strong financial interest in getting an agreement for the regulation of mackerel so the stock can be rebuilt after years of overfishing.” She added, “Iceland is taking responsibility for sustainable fishing with our neighbors.”
However, some within Iceland, including parts of the fishing industry, argued the nation gave up too much. Critics pointed to stipulations forcing Iceland to auction two-thirds of fish caught in Norwegian waters on the Norwegian fish market. “In reality, this gives Norwegian processors an advantage in buying Icelandic fish because of their proximity to the fishing areas,” the organization said, adding this could cost “jobs, opportunity to increase the value of the catch, and valuable tax money.”
Sigurdur Ingi Johannsson, chairman of the Progressive Party, told Icelandic public broadcaster RUV.IS, “There are a lot of questions still to be answered about this agreement that was made in the dark. The result is … a historic loss, a concession for Icelandic economic interests.” Prior to this deal, Iceland had set unilateral mackerel quotas since 2007.
This report provides a comprehensive view of the global frozen and fresh or chilled skipjack tuna industry, tracking demand, supply, and trade flows across the worldwide value chain. It explains how demand across key channels and end-use segments shapes consumption patterns, while also mapping the role of input availability, production efficiency, and regulatory standards on supply.
Beyond headline metrics, the study benchmarks prices, margins, and trade routes so you can see where value is created and how it moves between exporters and importers worldwide. The analysis is designed to support strategic planning, market entry, portfolio prioritization, and risk management in the global frozen and fresh or chilled skipjack tuna landscape.
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Key findings
Global demand is shaped by both household and industrial usage, with trade flows linking cost-competitive producers to import-reliant markets.
Pricing dynamics reflect unit values, freight costs, exchange rates, and regulatory shifts that affect sourcing decisions.
Supply depends on input availability and production efficiency, creating distinct cost curves across regions.
Market concentration varies by country, creating different competitive landscapes and entry barriers.
The 2035 outlook highlights where capacity investment and demand growth are most aligned globally.
Report scope
The report combines market sizing with trade intelligence and price analytics. It covers both historical performance and the forward outlook to 2035, allowing you to compare cycles, structural shifts, and policy impacts across countries and regions.
Market size and growth in value and volume terms
Consumption structure by end-use segments and regions
Production capacity, output, and cost dynamics
Global trade flows, exporters, importers, and balances
Price benchmarks, unit values, and margin signals
Competitive context and market entry conditions
Product coverageFrozen And Fresh Or Chilled Skipjack TunaCountry coverageCountry profiles and benchmarks
For the global report, country profiles provide a consistent view of market size, trade balance, prices, and per-capita indicators. The profiles highlight the largest consuming and producing markets and allow direct benchmarking across peers.
Methodology
The analysis is built on a multi-source framework that combines official statistics, trade records, company disclosures, and expert validation. Data are standardized, reconciled, and cross-checked to ensure consistency across time series.
International trade data (exports, imports, and mirror statistics)
National production and consumption statistics
Company-level information from financial filings and public releases
Price series and unit value benchmarks
Analyst review, outlier checks, and time-series validation
All data are normalized to a common product definition and mapped to a consistent set of codes. This ensures that comparisons across time are aligned and actionable.
Forecasts to 2035
The forecast horizon extends to 2035 and is based on a structured model that links frozen and fresh or chilled skipjack tuna demand and supply to macroeconomic indicators, trade patterns, and sector-specific drivers. The model captures both cyclical and structural factors and reflects known policy and technology shifts.
Historical baseline: 2012-2025
Forecast horizon: 2026-2035
Scenario-based sensitivity to income growth, substitution, and regulation
Capacity and investment outlook for major producing countries
Each country projection is built from its own historical pattern and the regional context, allowing the report to show where growth is concentrated and where risks are elevated.
Price analysis and trade dynamics
Prices are analyzed in detail, including export and import unit values, regional spreads, and changes in trade costs. The report highlights how seasonality, freight rates, exchange rates, and supply disruptions influence pricing and margins.
Price benchmarks by country and sub-region
Export and import unit value trends
Seasonality and calendar effects in trade flows
Price outlook to 2035 under baseline assumptions
Profiles of market participants
Key producers, exporters, and distributors are profiled with a focus on their operational scale, geographic footprint, product mix, and market positioning. This helps identify competitive pressure points, partnership opportunities, and routes to differentiation.
Business focus and production capabilities
Geographic reach and distribution networks
Cost structure and pricing strategy indicators
Compliance, certification, and sustainability context
How to use this report
Quantify global demand and identify the most attractive markets
Evaluate export opportunities and prioritize target countries
Track price dynamics and protect margins
Benchmark performance against major competitors
Build evidence-based forecasts for investment decisions
This report is designed for manufacturers, distributors, importers, wholesalers, investors, and advisors who need a clear, data-driven picture of global frozen and fresh or chilled skipjack tuna dynamics.
FAQ
What is included in the global frozen and fresh or chilled skipjack tuna market?
The market size aggregates consumption and trade data at country and regional levels, presented in both value and volume terms.
How are the forecasts to 2035 built?
The projections combine historical trends with macroeconomic indicators, trade dynamics, and sector-specific drivers.
Does the report cover prices and margins?
Yes, it includes export and import unit values, regional spreads, and a pricing outlook to 2035.
Which countries are profiled in detail?
The report provides profiles for the largest consuming and producing countries, enabling benchmarking across peers.
Can this report support market entry decisions?
Yes, it highlights demand hotspots, trade routes, pricing trends, and competitive context.