Europe's tuna import quota has been fully used up, with China becoming the largest supplier

Published 2025년 1월 15일

Tridge summary

The European canned food market has seen a post-Christmas recovery with an increase in the duty-free quota leading to higher imports of fish fillets, particularly from China, Indonesia, and Vietnam. However, a portion of these imports will incur an 8% tariff from 2025. The market is currently experiencing varied price trends across different countries and products, with the price of tuna ranging from €1,300 to €2,550 per ton. Fishing activities in the Pacific have seen a slowdown due to regulations, while the Indian Ocean remains productive. The demand for non-MSC certified tuna in India is increasing, and the price gap between MSC and non-MSC certified products is decreasing.

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

Original content

After the Christmas holiday, the European canned food trade business has gradually recovered, and the overall demand is currently low. At the beginning of the year, the duty-free quota came into effect, and many imported products enjoyed zero tariffs to enter the European market. As of now, the import volume of fish fillets has reached 52,400 tons, 21% higher than last year's 43,000 tons. The European autonomous tariff quota (ATQ) in 2025 is 35,000 tons, which means that the remaining 17,400 tons will pay an 8% tariff. China, Indonesia and Vietnam are the largest suppliers to the European market. Next, duty-free countries such as Ecuador, Papua New Guinea and the Philippines will gradually ship to Europe. Sources said that in Spain and Italy, the price of frozen bonito is around €1,500/ton, and the price of yellowfin tuna is €2,500-€2,550/ton. In January, the average price in Bangkok, Thailand fell to $1,550/ton, the price of Ecuadorian Manta was $1,600/ton, and the price of ...

Source: Foodmate