Germany increased imports of canned tuna

Published Nov 20, 2020

Tridge summary

In the first half of 2020, Germany experienced a significant surge in the demand for tuna, leading to a 47% increase in tuna imports compared to the same period in 2019, reaching the highest level in the past five years. This surge is primarily attributed to the Covid-19 pandemic, with families stockpiling tuna as a reliable source of protein. The majority of these imports were canned tuna, accounting for 98% of the total volume. The Philippines was the leading supplier of tuna to the German market, followed by Ecuador, Papua New Guinea, and Vietnam. While Ecuador's tuna exports to Germany saw a decline due to the pandemic, the exports from Papua New Guinea and Vietnam experienced substantial growth, with Vietnam's exporters offering competitive prices despite facing unfavorable tariffs due to a yellow card.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

(seafood.vasep.com.vn) In the first half of 2020, demand for German tuna (especially canned tuna) rose. The volume of tuna imports of this country reached the highest level in the past 5 years. This is mainly due to the effects of the Covid-19 pandemic, which caused many families in Germany to stock up on tuna to ensure a healthy and long-term source of protein. According to Eurostat's statistics, the total volume of German tuna imports in the first half of 2020 reached more than 58 thousand MT, up 47% over the same period in 2019, equivalent to more than 18.5 thousand MT. German tuna imports are still mainly canned tuna, accounting for nearly 98% of the total import volume. Compared to the same period in 2019, German tuna imports went up. Specifically, in the first half of 2020, German canned tuna imports elevated by 48%, while imports of live, fresh, and frozen tuna rose by 19%. The Philippines, with the advantage of enjoying preferential tariffs from the GSP, is leading the ...
Source: Vasep

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