The import of canned tuna into the EU has increased by four percent over the first nine months. Although Ecuadorian processors increased their volume, the growth is mainly due to higher...
Trade
Sustainability And Eco-Friendliness Are Key For Korean Lunar New Year Gift Sets
As East-Asian countries are preparing to celebrate the upcoming Lunar New Year on February 1, popular Korean brands are releasing gift sets with various tuna products in eco-friendly packaging...
US Millionaire Chooses Canned Pet Food To Make Sandwiches
Canned pet food is a growing business for the tuna industry as owners are buying healthy and tasty options for their pets. An American businesswoman, Amy Elizabeth, garnered attention last...
StarKist Might Still Have To Pay Washington State For Price-Fixing
A Washington appeals court has asked a lower court to determine how much StarKist should pay the state’s consumers for the impact of the price-fixing conspiracy that the tuna company was...
Decreasing EU Yellowfin Production Forces Import Increase To Meet Demand
EU is one of the largest markets for yellowfin where it is mostly sold in cans, frozen, or steaks. Italy, France, and Spain are the top consumers in this region. Although EU production has...
Atalanta’s New Smoked Tuna Products Answer To Plant-Forward Meals Demand
The Table One brand – owned by US-based food importer Atalanta Corporation – has launched a new line of ready-to-eat smoked tuna products. The wild-caught tuna is wood-smoked and comes in five...
EU Imports Half Of Its Albacore To Meet Market Demand
EU markets such as Spain, Italy, and France have a preference for albacore with products retailed as Bonito del norte or Thon Blanc. Nearly half of the tuna is imported to meet the demand in...
Tuna-Like Species Might Soon Fall Under USA’s SIMP
The US is stepping up its efforts in cracking down on illegal seafood entering the country. Fisheries officials have announced plans to expand the number of species that will fall under the...
Toyosu New Year Tuna Auction Bid Does Not Hit Record
After two years of the COVID-19 slump, operations at Tokyo’s Toyosu fish market are in full swing. The highest bid for the first bluefin auction of the year reached JPY 36 million (USD...
How 30 Years Of The EU Single Market Has Impacted Tuna Trade Flows
This year marks 30 years since several countries created the single European market which began with the signing of the Maastricht Treaty in early 1992. This move led to an unprecedented...
Asian Processors Recovering Canned Tuna Trade In US
Asian processors are recovering their canned tuna trade in the US market. In the first nine months of 2022, they exported more than two-thirds of the total volume to the country. With...
After Flight Disruptions, Fresh Tuna Trade Resumes In General Santos
As the holiday season comes to a close and the new year begins, global tuna trade is back in full swing. Operations at General Santos, often described as the ‘tuna capital of the Philippines’,...
Vietnam Tuna Exports Break Records, One Billion Mark Hit
Vietnam confirmed that its tuna exports surpassed USD 1 billion on December 21 last year, and might hit a total of USD 1.3 billion by the end of 2022, thus breaking a new record. The Vietnam...
Football Legend Pelé’s Favorite Food Was Subway Tuna Sandwich
The death of football legend Pelé came as a shock to the world of sports and millions of his fans across the globe. The Brazilian footballer passed away on December 29 after playing the sport...
Bangkok Skipjack Price Rises Despite Low Trading
As the holiday season approaches, trading is slow in the Bangkok processing hub. However, skipjack raw material prices have increased with some orders pushing the value higher. The SKJ1.8:BKK...
Nasdaq Resume Trading Of Blacklisted Pingtan Marine Enterprise
Nasdaq announced that trading of Pingtan Marine Enterprise's stocks resumed on December 19, ten days after being halted over the blacklisting of the company’s longliners. The US...
Canned Bonito Imports Booming In US Food Service
The food service business in the US appears to be switching to canned bonito instead of skipjack as the demand for this tuna-like species is continuing to grow. US importers purchased the...
What Will Be The Forecast For Tuna Sales In 2023?
Last year, freight prices were causing a massive headache for the global tuna industry and the hard times continued in 2022. The Russian-Ukraine war created a massive shortage in the sunflower...
Tuna Pouches Business In The US Continues Rising
Americans are showing more interest in easy-to-consume tuna pouches as the latest data shows retailers and traders continue importing more of the product in 2022. US buyers imported 37,630 M/T...
Thai Union Announces Share Repurchase
The Thai Union Group has launched a program to buy back up to 200 million of its outstanding shares, representing 4.19 percent of the total number. The program will run until June 30, 2023,...