ANALYSIS: Frozen Tuna Hit With Logistical Challenges, Constrained Supply and Firm Prices
Year-to-date (January-March) total frozen tuna fillet imports from all countries registered 18.5 million pounds, 14.4% less than this time last year. YTD imports from Indonesia are down 11% YoY, while imports from Vietnam dropped 18.8%.
The frozen tuna market has remained relatively stable the last few years. Imports have increased due in large part to the consistent, strong demand from the foodservice sector. Specialty items, such as poke bowls, have been a big draw for the restaurant market. Imports peaked in 2019 registering...
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