Thailand's canned tuna exports increased 13.4% year-on-year in the first five months of this year

Published 2024년 7월 9일

Tridge summary

In 2023, Thailand experienced a decrease in canned tuna exports by 13.42% in volume and 9.34% in value, totaling 445,000 tons and US$2.0873 billion respectively. Despite this decline, the country found a way to convert byproducts into pet food, leading to a 21.64% increase in export volume and a 37.60% increase in export value in the first five months of the year. The top markets for Thailand's canned tuna were the United States, Japan, and Australia, accounting for over 40% of the total exports.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In 2023, Thailand exported 445,000 tons of canned tuna, a year-on-year decrease of 13.42%, and a value of US$2.0873 billion, a year-on-year decrease of 9.34%. Byproducts generated during the production of canned tuna have been used as raw materials for pet food manufacturing. In the first five months of this year, the export volume of dog and cat food reached 337,579 tons, an increase of 21.64% year-on-year, and the export value was US$1.071 billion, an increase of 37.60%. By converting these byproducts into pet food, not only waste generation is reduced, but also new economic value is created. In 2023, the top five markets for Thailand's canned tuna exports are: · The United States, with an export value of $820.6 billion, accounts for 23.10% of Thailand's total canned tuna exports. · Japan, with an export value of $572.7 billion, accounts for 12.33% of Thailand's total canned tuna exports. · Australia, with an export value of $726.8 billion, accounts for 8.27% of Thailand's total ...
Source: Foodmate

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