Asia Pacific Tuna Trade Shirlene Maria Anthonysamy INFOFISH Pacific Tuna Forum 217 Papua New Guinea
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 28 22 165 11 55 Whole tuna imports Fresh Frozen 21 14 Red Meat Bluefin 27 28 29 21 211 212 213 214 215 216 7 21 211 212 213 214 215 216
Supplies of fresh tuna from the Pacific Japan 3 225 15 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 75 27 29 211 213 215
Imports of air flown-fresh tuna (MT) (sashimi and non-sashimi) USA 5 375 25 125 Imports of air-flown fresh tuna (MT) USA vs Japan Japan USA 29 21 211 212 213 214 215 216 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
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 3 2 1 27 28 29 21 211 212 213 214 215 216 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
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
Frozen Tuna Raw Material Imports China Philippines Thailand 9 675 45 225 25 26 27 28 29 21 211 212 213 214 215 216
Exports of Canned tuna (MT) 6 45 3 Philippines Thailand Indonesia 15 25 27 29 211 213 215
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. 3 225 15 75 MT 1 US$ 25 27 29 211 213 215
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. 16 12 8 4 Philippines Tuna Exports (MT) Canned Tuna Frozen Tuna Fresh Tuna 25 27 29 211 213 215
Canned tuna: Exports from Indonesia (MT) The main markets were Saudi Arabia, USA, Japan and UK 1 75 5 25 Canned tuna Frozen tuna Fresh tuna Indonesia: Exports of Canned 25 26 27 28 29 21 211 212 213 214 215 216
China: Frozen tuna trade 9 675 Exports Imports 14 15 Imports Exports 45 7 225 35 29 21 211 212 213 214 25 27 29 211 213 215 Frozen tuna exports totaled 89156 MT in 216 Imports leveled off
China exported more processed tuna Exports During 29-216, 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 9 675 45 225 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. 25 27 29 211 213 215
Asia Pacific: Imports of Canned Tuna in 216 7 525 35 175 25 27 29 211 213 215 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
Canned tuna imports in other markets 5 375 25 Taiwan Malaysia China Hong Kong Singapore 125 25 27 29 211 213 215 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) 3 225 15 75 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 25 27 29 211 213 215
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; 1 753 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
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