Market
Trend
Sashimi Tuna Market: Consumer demand for sashimi
tuna is seasonally low in June throughout Japan and this trend will
continue until the school holiday begins in July. The present limited
demand is mostly served by good landings of locally caught bigeye. As a
result imports of air-flown bluefin and yellowfin have declined at
present.
Reportedly there is growing concern among the Japanese
tuna marketers over the falling supply and stringent resource management
program for wild-caught tuna. Taking advantage of the lean demand period,
Japanese tuna industry leaders are having frequent meetings and
discussions about the future of this industry including the global supply
situation. Future supply shortage remains a major concern and large scale
tuna farming is being considered seriously. Maruha Group, once a
leading tuna fishing company in Japan, is venturing into a bluefin tuna
farming project in Japan with technical assistance from several
universities in Japan.
Imports: Following several
tuna management programmes and fishing restrictions worldwide, global tuna
landings have started to shrink but import values are moving up. These are
reflected in the Japanese tuna import figures during January-March 2007.
Total tuna (fresh and frozen) imports during this time fell by nearly 20%
in quantity to 69 505 MT compared to 86 430 MT last year same period.
Import value on the other hand, increased by 11.5% to ¥70 billion during
this period. Fresh tuna imports were record low at 10 334 MT.
Frozen tuna imports during the first
quarter of this year were also at a five-year low and totaled 45 822 MT
worth nearly ¥40 billion.
In addition, the market imported more
than 13 000 MT of tuna loins/meat (mostly frozen), which is notably higher
than the air-flown fresh whole tuna imports during the reporting period.
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The import
value of fresh/ frozen tuna loins and tuna meats (13 317 MT) was ¥30
billion during January-March 2007.
Current demand for frozen tuna
from supermarkets is low; consumers are mostly after locally caught fresh
skipjack – a popular seafood item among Japanese households. Hence sales
of frozen sashimi tuna are quite low at present. The market for frozen
loins, saku and steaks is rather stable with steady demand for
sashimi and non-sashimi usage.
Canning materials
Skipjack: Local katsuobushi processors in Japan
are facing an acute shortage of raw materials as demand from canners in
Asia, the Americas and Europe increased following a global shortage. This
may induce higher imports of processed katsuobushi, particularly
from the Asia/Pacific region. Meanwhile Papua New Guinea has requested
Japan to reduce import duty on bushi (dried) products which is
currently 7% compared to zero% offered to Solomon Islands.
Last
year, Japan imported 7 090 MT of bushi products (boiled/dried
skipjack and bonito) at an import value of US$ 27.45 million. The main
suppliers were the Philippines, Indonesia, China, Solomon Islands,
Maldives and Vietnam.
Yellowfin: Supply shortage and
high prices continue amidst strong competition among domestic tuna
canners.
With
increasing raw material price and supply shortage, canned tuna would no
longer be a cheap item in future. Bangkok skipjack price has been reported
to be over US$1300/MT. Even at this price supplies are hard to get as poor
catches continue everywhere. Canneries in the Eastern Pacific area are
constantl
According
to a national news source, a Vietnamese fisheries authority has identified
deep sea tuna fishing as the future development sector. Tuna fishing has
expanded lately in the provinces of Binh, Phu Yen, and Khanh Hoa; exports
are on the rise to Japan, the USA, and the EU totaling US$78 million in
2005. Tuna exports consisted of fresh and frozen dressed fish, loins,
steaks and treated tuna products as well.
By Fatima
Ferdouse (INFOFISH)
© FAO GLOBEFISH
2007