One year after the relocation of the most popular fish public sales in the world, the Tokyo bluefin auction from Tsukiji to Toyosu, the new fish market, is blooming.
Having opened its doors one year ago, on October 11th 2018, the fish marketplace is bustling with visitors. Their goals are not only to obtain more knowledge about the largest and most expensive tuna species in the world, but also trying to get entrance to the daily early morning frozen bluefin auctions. And of course also intending to eat top quality sashimi bluefin at the about 40 restaurants located around the fisheries wholesale market building.
Encouraging outlook for the recovery of the southern bluefin stock reports the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) in its ‘Fishery status report 2019’. However in spite of this positivity, the stock remains overfished and only under the current management, the stock can reach the rebuilding target set on 20 percent spawning biomass of the unfished biomass by 2035.
The Australian Southern Bluefin Tuna Industry Association is hoping for a future quota increase. According to its Chief Executive, Brian Jeffries, the spawning stock has recovered by 92 percent since 2009, when the quota was set at 4015 M/T. Today's quota has increased by 50 percent. Attending the annual Commission for the Conservation of Southern Bluefin Tuna in South Africa, he warned the industry to remain precautionary with the stock and the quota.
Mexico exported USD 123 million worth of bluefin in 2018, which was higher than the previous record of USD 87.5 million in 2016.
However, 2019 might surpass the previous marks. Already in the first seven months of this year, the country has delivered USD 80.6 million worth of bluefin to external markets. Sales mainly came from Japan (USD 61.1 million), US (16.5 million), and South Korea (USD 1.2 million), according to the country’s Secretariat of Economy.