Asia Pacific Tuna Trade. Shirlene Maria Anthonysamy INFOFISH Pacific Tuna Forum 2017 Papua New Guinea
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1 Asia Pacific Tuna Trade Shirlene Maria Anthonysamy INFOFISH Pacific Tuna Forum 217 Papua New Guinea
2 JAPANESE MARKET Demand for sashimi tuna remains highly seasonal strengthening during the spring festivals in April/May/ year end The market imported less fresh tuna; increasing in frozen import of sashimi grade loins Loins from South Korea, China, Pacific (Fiji, Vanuatu etc), Vietnam, Taiwan(deep frozen) Mainly due to longer shelf life Comprised both high end bluefin and Japan: cheaper Imports red meat of Sashimi tunagrade Tuna Whole tuna imports Fresh Frozen Red Meat Bluefin
3 Supplies of fresh tuna from the Pacific Japan Japan: Tuna Imports from the Pacific (MT) Fresh tuna Frozen tuna Tuna loins Largest market for frozen tuna Fresh tuna from the Pacific: Palau, Australia, Marshall Islands, PNG, Tonga
4 Imports of air flown-fresh tuna (MT) (sashimi and non-sashimi) USA Imports of air-flown fresh tuna (MT) USA vs Japan Japan USA It interesting to note that Japan has lost its supremacy in the air flown tuna market which is now taken over by USA USA has become important market for fresh tuna imports Two major markets for airflown are the US and Japan
5 Supplies of fresh tuna from the Pacific USA 4 US Imports of Tuna from the Pacific (MT) Fresh tuna Frozen tuna Main suppliers Trinidad and Tobago, Sri Lanka, Maldives, Thailand Due to the import ban on Sri Lankan tuna into the EU because of IUU issues, the USA has emerged as an alternative market for Sri Lankan tuna US retailers offer frozen thawed tuna steak at higher prices for products from the Pacific region
6 PROCESSED AND CANNED TUNA Asian Dominance Continues in Global Supply of Processed Tuna Leading players: Thailand, Philippines, Indonesia Imports of canning raw material have extended beyond Thailand China, Philippines, Vietnam (about 8 MT) are importing raw material for export processing
7 Frozen Tuna Raw Material Imports China Philippines Thailand
8 Exports of Canned tuna (MT) Philippines Thailand Indonesia
9 From the leading producer of canned tuna in 216 Thailand Exports of canned tuna in 216 increased in volume but declined in value due to lower raw material prices The USA was the lead market with higher exports In the traditional EU markets, exports declined by to the UK, France (mainly cooked loins), and Poland. Significantly higher exports to the Middle East and North African markets namely: Jordan, Syria, Iran, Iraq, Oman, Tunisia, Morocco and Turkey. In Latin America, Chile and Peru were the important markets Thailand also exported more canned tuna to small and new markets in Asia and Africa MT 1 US$
10 Philippines The bulk of export revenues came from canned tuna followed by frozen tuna and fresh chilled tuna Major export destinations include the U.S., Japan and United Kingdom Philippines Tuna Exports (MT) Canned Tuna Frozen Tuna Fresh Tuna
11 Canned tuna: Exports from Indonesia (MT) The main markets were Saudi Arabia, USA, Japan and UK Canned tuna Frozen tuna Fresh tuna Indonesia: Exports of Canned
12 China: Frozen tuna trade Exports Imports Imports Exports Frozen tuna exports totaled MT in 216 Imports leveled off
13 China exported more processed tuna Exports During , processed tuna exports more than doubled reaching close to 9 MT last year --- dominated with cooked loins Lion portion USA, Thailand, Spain, Portugal, Mexico, Japan Exports increased to Spain, Mexico, Japan Market expansion for canned tuna was prominent in the Africa region China Canned Tuna Trade (MT) Exports Imports Imports Domestic demand for canned tuna did not improve much and annual imports remained below 35 tons so far
14 Asia Pacific: Imports of Canned Tuna in Japan Australia Thailand New Zealand Japan and Australia are the large markets with strong preference for high value products Japan imports annually 6 MT of canned tuna Australia (import more value added-higher value product/new Zealand in total 54 MT; weakening of AUD limited imports from 214
15 Canned tuna imports in other markets Taiwan Malaysia China Hong Kong Singapore During the high-price period, imports were stagnant in East Asia but improved in Sri Lanka and Iran due to high raw material prices and financial embargo (on Iran) South Korea Sri Lanka India Iran Iran- has a huge local industry When raw material prices came down, they started processing for local market and neighboring Central Asian countries
16 Perspective.. The markets in Asia remained flat for canned tuna Japanese style restaurants (sushi and sashimi) have expanded significantly in most of Asia The number of Japanese style restaurants eg in Thailand increased 2.2 times over 5 years; restaurants as of June 217 in greater Bangkok; rest of Thailand 96. According to the Organization to Promote Japanese Restaurants Abroad (JRO) Japanese style restaurants take a 8.3% share of all restaurants in Thailand Although the share of tuna consumed through these restaurants have not been quantified, this offers an opportunity for growth Biggest advantage of the Pacific: Own your fishery However direct exports are much below compared to opportunities present Target needs to be more on direct trade between PNA and the markets be it processed or raw fish exports
17 THANK YOU
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