Tuna market review and forecast 2018-09-04 09:04:37 Tuna market review and forecast
Overseas media reported that exports of canned tuna from the Philippines and Thailand to Europe increased by 45% in 2009, but the latest report said that canned tuna food from the Philippines and Thailand would be hit by increased demand for ecologically sustainable aquatic products.
Sales of canned tuna in Germany are up 36%, while imports from France are up 3%, to 56,500 tons. In the first half of 2009, the Thai baht weakened, attracting a large number of low-priced purchasers of canned tuna, whose export prices were 20 to 33 per cent lower than before, mainly from Spain and Italy.
In order to reduce labor costs in most countries, tuna loins are imported from most canned processing plants in Spain. Therefore, in the first half of 2009, the import of frozen tuna loin increased by 63% over the same period last year, to 43400 tons.
According to the FAO report, Monaco's request to include Atlantic and Mediterranean bluefin tuna in the Convention on International Trade in Endangered Species of Wild Fauna and Flora will give more global attention to the tuna industry in Japan once the proposal for adoption of the International Trade Conference on Endangered Species of Wild Fauna and Flora, to be held in March this year. Meanwhile, the price of bluefin tuna will increase rapidly.
Traditionally and historically, the main market for bluefin tuna is Japan, where 80% of the global bluefin tuna market converges annually. According to the report, once the bluefin tuna case into the Convention on International Trade in Endangered Species of Wild Fauna and Flora, will have a response to tuna canned consumption.
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