Leading canned tuna company in the Philippines Century Pacific Food, Inc (CNPF) reported a healthy performance in 2024 with an increase in revenue and net profit. However, the company is...
Trade
Can Bonded Warehouses Give Temporary Respite To US Tuna Importers?
Tuna business worldwide have been put in a tough spot with the US imposing hefty taxes on over 180 countries this week. Canned and pre-cooked loin processors from Thailand and Vietnam, among...
The Global Tuna Trade Tornado – What’s The Damage and Who’s Still Standing?
The tuna supply chain has been heavily hit by the import tariffs tornado US President Trump caused on April 2, with far-reaching consequences and major immediate damage for two major exporting...
Europêche Says 0% Duty On Thai Tuna Will Destabilize EU Tuna Market
The EU tuna fleet and processing sector is unhappy with the European Commission’s talks with Thailand for a free trade agreement. Europêche, the leading representative body for the fishing...
Skipjack Price Stable But Volatility Expected Soon
Frozen whole round skipjack price in Bangkok processing hub is hovering around the same value as last month but this could change soon given the volatile trade situation that the Thai tuna...
US Importers Feel Slight Reprieve As Customs Releases New Guidance
The US Customs and Border Protection (CBP) released a guidance last week regarding the implementation of additional duties on tuna and other products. Importers have until May 27 to bring...
Thai Union Stock Back To 15 Year Ago Value – Atuna Stock Index Plunged
The 36 percent tariff increase imposed by US President Trump on Thai products has hit Thai Union Group hard. The US market is the biggest buyer of its Chicken of the Sea brand and other tuna...
Malaysia Bets On Foreign Longliner Landings To Strengthen Tuna Industry
Malaysia is eyeing to revive and enhance tuna operations in the state of Penang, located on the country’s northwest coast, along the Strait of Malacca. Penang is Malaysia’s only tuna landing...
How Did Thai Canners Almost Completely Lose The EU Market?
The volume of canned tuna exported from Thailand to the EU has plummeted in the last ten years. The lowest tonnages were sent from Thai canneries in 2023, with trade making a slight recovery...
US Tariffs Could Disrupt Global Tuna Supply Chain Say Processors
Global markets are still reeling from the US Trump administration’s announcement of high tariffs for over 180 countries. Economists have been critical of these new levies, saying that they are...
US “Reciprocal Tariffs” A Massive Upset To Thai Tuna Industry
World markets are reeling from US President Donald Trump’s announcement yesterday over a blanket 10 percent tariffs on all US imports from across the globe. It appears the rule book to free...
Canned Tuna Should Be Part Of EU Emergency Food Stockpile Plan
The European Commission recently launched the Preparedness Union Strategy to support Member States and enhance Europe's capability to prevent and respond to emerging threats. The Strategy...
EU Inches Closer To Delaying Due Diligence Rules
The EU is one step closer to revising its strict regulations to mitigate the impact of businesses on people and the environment. A majority of Members of the European Parliament (MEPs) voted...
Will Trump’s Deregulation Order Impact Pacific Treaty?
US President Donald Trump, signed the Deregulation Executive Order (EO) on February 19, which is worrying the Western Pacific Regional Fishery Management Council (WPRFMC) and the US fleet. The...
Is The EU-Thailand FTA Nearing Fruition?
The EU and Thailand have begun a fifth round of negotiations for the highly anticipated (for the Thais) Free Trade Agreement (FTA). The EU canning industry fears it would be a huge blow to...
Winners and Losers – What Does A Deep Dive In European Trade Data Tell Us?
That 2024 has been an extremely unusual year in tuna trading has become clear to many of us. But what shifts in trade were caused, which processors benefited from major changes in tuna...
Manta Price Slides Down With Higher Supply
The price of skipjack being traded in Manta has fallen over the past few weeks because EPO skipjack catches have remained high. Sources told Atuna that offers for frozen whole-round skipjack...
Major Global Highlights March 2025
Low catches in the WCPO led to an increase in the price of skipjack in Bangkok. Trump imposing heavy tariffs on Mexico was a cause of concern for its canners. NGOs Bloom and Foodwatch has once...
Spanish Processors Intake of Pre-Cooked Loins Strongly Increased
The record high volumes of pre-cooked loins that entered the EU in 2024 was mainly imported by Spain. Most EU canneries increased their intake and paid less compared to the previous year....
Are Japanese Fishers Prepping Up To Sell Bluefins As ‘Tokyo Fish’?
The Japanese government wants to increase the added value of bluefin caught by vessels operating in the Izu Islands. Tokyo officials will work with fishermen to promote the tuna, caught around...