Demand for Thai canned tuna in Asia softened during 2021 as the latest data shows that shipments to this region dropped by 16 percent. Information from Thai Customs depicts that Bangkok...
Tuna Trade News
Canned Seafood Market Value To Double In Next Decade?
The canned seafood market is expected to more than double in value in the next decade, according to a study by Future Market Insights (FMI). Canned tuna holds one of the largest shares in the...
Freight Rates Killing Thai Canners’ Business In The Americas
Expensive freight rates have had a strong negative impact on Thai processors' tuna market share in the Americas. On top of that, there was also some cooling of demand after exceptionally high...
Thai Canners Hit By Five-Year Slump In 2021
Thailand, the world’s largest tuna processing hub, in 2021 lost one-fifth of its canned tuna business from some of its main destinations. It appears that a major market correction has taken...
Mexico & Ecuador Agree On Trade Deal, But Without Tuna?
The Ecuadorian Minister of Production, Foreign Trade, Investments and Fisheries, Julio José Prado, has revealed that his country and Mexico have made a deal for a pre-closed Free Trade...
Super Tuna Song And More Social Trends
It is always fun spotting posts about tuna on social media given the many interesting takes on this food. This time Atuna came across the ‘Super Tuna’ song by a famous young Korean singer,...
Will Removing VAT From Canned Tuna Boost EU Consumption?
The European Commission has announced that it will soon be updating the current rules regarding value-added tax (VAT) rates. The issue will be discussed in March to ensure greater flexibility...
Judge Finds President’s Testimony On Tuna Scam “Unnecessary”
The judge presiding over the USD 2 billion (which includes USD 850 million in tuna bonds) hidden debts scandal case has rejected an appeal by the Mozambican Bar Association (OAM) to place...
PNG To Build A New Fisheries Complex To Boost Sector
PNG has moved forward with plans for a fisheries complex in Voco Point, Lae, in the Morobe province. This is part of the country's Fisheries Strategic Plan for 2021-2030 to develop its tuna...
Planet Tracker Says Seafood Traceability Can Double Rate Of Return
Financial think tank Planet Tracker says that companies including those in the tuna and seafood sector should have traceability embedded in their supply chains as it will help reduce risk...
How Tax Incentives Are Strengthening China’s Tuna Sector
The Zhejiang province in China is the heart of the tuna industry in the country. In Zhoushan city, an urbanized archipelago at the southern part of Hangzhou Bay and off Ningbo, many...
NFI President John Connelly Leaving After 2 Decades
John Connelly, the President of the US National Fisheries Institute (NFI), will be retiring in February 2023. He recently discussed his intention with the organization’s Board of Directors....
Canned Tuna Soon Without Any VAT Within Entire EU?
Canned tuna and other fisheries products could soon have a zero percent VAT in the EU. The Commissioner for Economy, Paolo Gentiloni, wrote about this topic in a letter to Galician MEP...
Organizer Adamant To Continue With In-Person Seafood Shows
The organizer of Seafood Expo North America, Diversified Communications, has stated that the in-person event is going ahead as planned in March. This is despite the recent withdrawals from a...
What You Should Definitely Know About Fair Trade Tuna
The Fair Trade logo has become synonymous with helping marginalized communities of fishermen and farmers around the world and lately there has been a growing number of tuna products being...
Slight Drop In Vegetable Oils Price Not Necessarily A Relief For Canners
After a year of an upward trend in global food commodity prices, it fell slightly in December 2021. This was mainly influenced by a significant drop in the international values of vegetable...
Shipping Rates Still A Headache For Tuna Sector
Ocean freight prices continue to be at remarkably high levels, thus the tuna sector is still facing an uphill struggle when sending their canned goods across the world. It does not help the...
Vietnam’s Tuna Exports Recovered In 2021
Vietnamese tuna exports have grown strongly in 2021 as reported by the Vietnam Association of Seafood Exporters and Producers (VASEP). The total value of the shipments reached around USD 757...
Pandemic-Driven Sales Pushed Up Princes Group’s Operating Profit By 30%
International food and drink group, Princes, announced that it experienced continued growth in the 2020/2021 financial year due to pandemic-driven sales in its core businesses including canned...
Year Starts Off With Unusual Bullish SKJ1.8:BKK Price Trend
The year has started with the skipjack trade in Bangkok becoming bullish with indications that this trend might continue. Atuna sources are saying that processors have to pay about USD 100...