The Ecuadorian tuna sector is facing headwinds with low skipjack catches, high fuel prices, and increasing competitiveness in the EU market from other global producers. Skipjack raw material...
Processing
Higher Canned Tuna Demand Drives Export Market Value To USD 17.7 Billion
The global trade of tunas, bonitos, and billfishes experienced strong growth in 2024 concluded UN FAO in its latest report ‘The State of World Fisheries and Aquaculture 2026’. Total export...
Century Pacific Could Weather Earthquake With Little Business Impact
Filipino brokerage Abacus Securities Inc. said the earthquake that struck the Philippines in early June is expected to have little effect on the sales of Century Pacific Food Inc. (CNPF), the...
European Canners’ Woes Grow As Mexico Trade Deal Wins EU Parliament Approval
The European Parliament on Wednesday gave the green light to the modernized EU-Mexico Global Agreement (MGA) paving the way for lower to zero duties on Mexican canned and other tuna exports to...
ISSF Audit Finds Increase In Minor Non-Compliance Across Tuna Companies
The International Seafood Sustainability Foundation (ISSF) recently published its ‘Annual Conservation Measures & ProActive Vessel Register Compliance Report,’ which revealed a 98.83...
Spain’s Tuna Industry Fears Loom Over EU-Mexico Pact
The Modernized Global Agreement (MGA) was signed between the EU and Mexico in May and received political support on Tuesday from a majority of the European Parliament members. The MEPs will be...
Thai Demand For Frozen WR Albacore Keep Rising
Thailand’s imports of frozen whole round albacore rose in the first quarter, with all major suppliers shipping higher volumes at increased prices compared to a year earlier. Prices paid by...
Maldivian Yellowfin Fishermen Raise Concerns Over Reduced Ice Supply By MIFCO
Fuel shortage in the Maldives has affected the production of ice needed by pole-and-line and handline fishermen. The trade union representing yellowfin tuna fishers has raised the alarm over...
European Tuna Processors Navigate Fluctuating Edible Oil Costs
Sunflower oil prices across the globe remain largely stable, according to the UN FAO, but EU data show a slight increase in rates for the product from Ukraine. While Spanish tuna processors...
French Appetite For MSC Tuna Continues To Rise
The consumption of MSC tuna has grown drastically over the past five years in France, with canned skipjack being the most preferred staple among consumers in the country. The MSC recently...
Ecuador Govt Forms Tuna Executive Committee Amid Industry Headwinds
The Ecuadorian government recently established an Executive Committee for the country’s tuna sector to strengthen it through tighter public-private collaboration. The permanent forum will...
Indonesia Ships First Frozen Raw Tuna Loins To Thailand
Indonesia delivered its first frozen raw tuna loin shipment to Thailand last week “to strengthen economic growth through broader export markets.” On Thursday, 11 M/T of the product was sent...
John West New Tuna Product Comes In Recyclable Pouch
John West’s new tuna product Stir & Serve comes in a fully recyclable mono-material pouch in a larger format, new to the consumer market. The Thai Union Group developed an aluminum-free...
Ecuadorian Tuna Loin Sales Rise As EU Trade Falls
The demand for Ecuadorian frozen raw tuna loins in the EU jumped between January and March this year despite an overall decline in its purchases among EU buyers, with Korean tuna commanding...
Latest Acquisition Lands BettaF!sh Vegan Tuna In US Market
US-based Bayou Best Foods recently announced that it has acquired German BettaF!sh “to create a global plant-based seafood operation.” BettaF!sh produces plant-based tuna and other seafood...
Thousands Of Cans Recovered In Costa Rican Tuna Heist
Nine men, including a minor, have been arrested by Costa Rica's Judicial Investigation Department (OIJ) in connection with the theft of four containers loaded with tuna products from a customs...
Spanish Buyers Further Reduce Purchases Of Non-EU Canned Tuna
Spanish retailers’ and brands’ demand for canned tuna dropped from January to March this year, with most sellers, including main supplier Ecuador, cutting back on business. While imports from...
Century Pacific Sticks To Investment Program Despite Headwinds
Tuna canner Century Pacific Foods reaffirmed its capital expenditure program for this year, despite headwinds in sales and operational costs, at the annual stockholders' meeting held on June...
INFOFISH Names Industry Experts To Chair World Tuna 2026
The countdown to the 19th INFOFISH World Tuna Trade Conference and Exhibition in Bangkok has begun, and the organizers announced the Chairperson and Co-Chair for the much-anticipated event....
Hawaii’s Ahi Labeling Law Takes Effect
Hawaii’s Act 238 came into effect today, requiring retailers to list the country of origin on the label of the raw processed ahi products they sell. Ahi refers to yellowfin and bigeye tuna,...