EU reduces canned tuna imports in the first quarter of 2021

Published 2021년 6월 22일

Tridge summary

In the first quarter of 2021, EU imports of canned tuna decreased by 17% to 109,780 tons compared to the same period in 2020, and remained lower than two years prior. Despite the decrease in volume, the average CFR price increased by 1%. The decline is due to high retailer and importer inventories and the crisis in the food service, restaurant, and tourism sectors. Spain experienced the largest decrease in imports, followed by Germany and other producing countries like Italy, France, and Portugal. The Netherlands has emerged as the leading importer of canned tuna in the EU, acting as a storage and distribution hub.

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Original content

Total imports of canned tuna into the EU in the first quarter of 2021 reached 109,780 tons, down 17% from the record high of the same period in 2020. This figure is even lower than two years ago, when nearly 750 containers 20ft is docked at ports in the EU. However, the average CFR price of canned tuna imports into EU countries in this quarter remained stable and even increased by 1% over the same period last year. The first reason for this decline is that the inventories of retailers and importers are still high due to the impact of the Covid-19 pandemic. The second reason is due to the crisis in the food service, restaurant and tourism sectors. During the first quarter of 2021, many restaurants remained closed in many areas and now demand from the foodservice sector is starting to increase as vaccinations are being rolled out across Europe and open markets. back door. Tuna consumption has been particularly affected by the closure of the tourism industry. Europe is the biggest ...

Source: Vinanet