Japan's seafood imports rose 17% in February, driven by Chilean coho salmon and pollock surimi

Published 2024년 4월 5일

Tridge summary

Japan has experienced a notable increase in seafood imports, with a 13% rise in value to 155.4 billion yen ($1.02 billion) compared to the previous year. This surge is highlighted by a 42% increase in frozen coho salmon imports from Chile, totaling 18,506 tons, despite fluctuating prices, and an 84% jump in frozen pollock surimi imports, primarily from Alaska, as imports from Russia decline. Additionally, there's a slight uptick in tropical fish surimi imports. These trends underscore a growing appetite for these seafood products in Japan, with expectations for H&G imports to surpass 100,000 tons in the current season.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This was largely due to increased imports of several key species, including pollock surimi and Chilean coho salmon. The total value of imports reached 155.4 billion yen ($1.02 billion), up 13% from last year. Japan imported 18,506 tons of frozen coho salmon from Chile, up 42% from last year. The average price was 828 yen per kilogram, compared to 817 yen/kg in January or 912 yen/kg in February 2023. The cumulative volume from August last year to February this year was 62,713 tons, up 7% from the same period a year earlier. As previously reported by Undercurrent News, Japanese marketers expect H&G imports into Japan to exceed 100,000 tons in the current 2023-2024 season, up from about 82,000 tons in the previous season. Chilean customs data shows the country exported about 89,400 tons of coho salmon to Japan in the current season through February, up from 85,620 tons in 2022-23. In 2023, Japan imported a total of 27,000 tonnes in the five months to August. Price portal Undercurrent ...

Source: Fishretail