Trends in the French tuna market

Published 2023년 7월 17일

Tridge summary

France is facing challenges in its seafood market, with supply shortages and rising prices due to factors such as Brexit, increased production and transportation costs, and declining fish populations. As a result, France is becoming increasingly dependent on imports to meet internal demand. However, even cheap imported products are seeing rising prices, which is reducing demand from French consumers. Additionally, there is a growing preference for eco-friendly and healthy food products with minimal seasoning and glass bottle packaging.

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

Original content

Increased dependence on imports due to geopolitics and ecology South Korea is the number one tuna import destination for France… 50% occupancy for 2 consecutive years I eat fish at least once a week, and tuna is the most popular preserved food. Recently, preference is given to eco-friendly and healthy food products with less seasoning in glass bottle packaging. According to an analysis by Euromonitor, a global market research firm, the situation in the French seafood market is not very stable. France is struggling with seafood production, and inflationary pressures are driving up prices. The lack of supply and rising production costs are attributed to the aftermath of Brexit, high energy and transportation costs combined with the current geopolitical environment, and declining fish populations due to climate change. These factors are expected to increase the dependence on imports to meet internal demand in France. However, even for cheap imported products, consumer prices are on ...

Source: Fisheco