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    Home > Food News > Food Articles > Demand for farmed tuna in Japanese fish markets is heating up

    Demand for farmed tuna in Japanese fish markets is heating up

    • Last Update: 2022-12-30
    • Source: Internet
    • Author: User
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    According to SeafoodNews on November 29, in October this year, 805 fresh tuna were imported at the fresh tuna auction in Japan's Toyoe Market, an increase of 62%
    over the same period last year.
    In addition to bluefin tuna, the number of southern bluefin tuna and bigeye tuna has increased
    .
     
    The total number of bluefin tuna was 687, an increase of 43%
    from last October.
    Tuna from Canada was 400, up 31 per cent
    from 306 a year earlier.
    Due to the depreciation of the yen, Canadian exporters have prioritized shipments
    to the North American and European markets.
     
    Despite the weakness in the Japanese market, large amounts of tuna arrivals continued, with the number of tuna from Boston increasing by about 58% to 208 (compared to 132 in the same period last year).

    In other producing areas, 42 tuna from Greece were not shipped last year, 9 tuna from New Zealand and 7 from Australia, and the market faces an oversupply
    .
     
    Tuna in North America still sells well, mainly small fish
    weighing about 100 kg caught by longlines.
    The highest price for Canadian tuna was 7,000 yen/kg ($50.
    47/kg), compared to 5,000 yen/kg ($36.
    05/kg) in the same period the previous year, and the highest price for fish from Boston was 6,500 yen/kg ($46.
    87/kg), compared to 5,300 yen/kg ($38.
    22/kg)
    the year before.
     
    Auctioneers said buyers were moving away from the Canadian fish because of its fat content similar
    to farmed tuna.
    Tuna from Greece mainly weighs about 50 kg, it is lean and less fat, at auction it was displayed next to competing domestic small tuna, and the sales were not smooth, only 13 fish reached a price of 3000 yen/kg (about 21.
    63 USD/kg), which was considered "passing"
    at auction.
     
    Rising costs on all sides have significantly affected auction prices, and domestic farmed tuna is expected to be in short supply for a long time in the market, with competition heating up
    further as demand inside and outside the wholesale market increases, according to an importer.
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