Europe's imports of tuna loins have doubled in five years

Published Mar 4, 2021

Tridge summary

In 2020, tuna loins, mainly skipjack, accounted for 63% of the total tuna loins imported into the EU, reaching 178,080 tons, a 14% increase from 2019. Despite the volume increase, the value of these imports decreased by 12% compared to the previous year. Spain was the main importer of steamed skipjack tuna, accounting for nearly 65% of the total. The import of yellowfin tuna also increased by 15% in the same year. However, EU vessel owners have expressed concerns about competition, claiming that skipjack tuna caught in the Midwest Pacific is processed in China and imported into the EU under duty-free quotas, affecting their business.

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

Original content

According to the Association of Seafood Exporters and Producers (VASEP), skipjack accounts for 63% of the 178,080 tons of tuna loins imported to the EU in 2020. The amount of tuna loins imported to the EU is 14% higher than in 2019. and nearly doubled the volume of imports in 2016. While the volume of imports is increasing, the value of imports is the opposite. The value of EU skipjack tuna imports in 2020 will decrease by 12% compared to 2019, lower than 515 euros / tonne. The Spanish canned food manufacturers have bought nearly 65% of the steamed skipjack tuna imports into the EU. Spain's tuna imports in 2020 were nearly 20,000 tons higher than in 2018. All other EU tuna processing countries such as Italy, Portugal, and France also increased imports of skipjack. Tuna loin shipments imported into the Netherlands (usually for re-export to intra-bloc countries like France) also increased. Tuna loin products imported to the Netherlands have the lowest CFR price among EU countries, ...

Source: Vietnambiz