South Korea: Sluggish tuna exports likely to continue in the second quarter

Korea's tuna exports, which showed an upward trend at the beginning of this year due to continued global demand for tuna, returned to a flat trend in March. In terms of production, it was analyzed that the sluggish catch caused by the La Niña phenomenon was the cause. According to KMI’s forecast of the tuna export market in the second quarter of 2022, the La Niña phenomenon, where the sea surface temperature is lowering, has spread to the central and western Pacific, and tuna fisheries are not clustered in Kiribati, Tuvalu, and Solomon Waters, which are major fishing grounds for tuna fishing nets. will be. KMI said, "Up until the beginning of the year, the La Niña phenomenon was expected to end in March-May, but the National Oceanic and Atmospheric Administration (NOAA) and others are forecasting the La Niña phenomenon to continue until June." In particular, in the waters of Kiribati and Tuvalu, the weather is bad and the current is strong, so even if a group of tuna fish is ...