Popular seafood items slipping out of reach for Japan consumers due to soaring prices

News 16:46 12/09/2014 502
Popular seafood items are drifting away from ordinary consumers in Japan due to soaring prices.

Imported seafoods familiar to ordinary consumers, such as shrimp, salmon and tunas, are now seeing sizable price increases in Japan.

The rising trend has been spurred by such factors as supply shortfalls caused by the spread of disease at overseas farming sites and lackluster fishing catch, plus the ongoing downturn of the yen's value.

Also industry observers point out the growth of global demand for seafood over a long-term range is in the background of the price hikes.

Retailers and restaurants in Japan are coping with this situation by raising the retail prices and changing menus and food materials.

With respect to shrimp, contagious diseases broke out in various farming sites in Asia from the latter half of last year.

Landings at farming ponds in Thailand--the largest exporter of shrimp in the world--and China this year are projected to decrease by 30-50% over the previous year.

The wholesale price of Thai vannamei in Japan has nearly doubled from the level a year ago, with the price of Chilean coho also going up in a similar range.

Supply of salmon shrank across the board mainly due to the disease affecting Chilean trout--a commodity competing with coho.

As for tunas, dealers' trading price of frozen bigeye tuna surged about 30% from the spring this year at major landing ports such as Shimizu, Shizuoka, west of Tokyo.

Tuna fishermen are witnessing lackluster haul in the Pacific and the Indian Ocean. Tuna fishing boats from Taiwan and other countries have been limiting their operations because of the sluggish tuna market in Japan until the first half of this year and the yen's decline.

Analysts note the move to raise prices among retailers. Akidai, a supermarket in Tokyo, sells Chilean coho for about Y150 per 100 grams, which is about 50% higher than the price a year ago.

Large-size shrimp which is in short supply fetches over Y250 per 100 grams, a level 10% more than a year earlier.

The supermarket will possibly reduce the chance of offering special sales for bigeye tuna. Toshin Suisan, a specialized fresh fish chain in Tokyo, has been upgrading prices of various commodities from time to time. It is now trying to increase sales of pre-cooked foods—using less expensive materials.

They are marketing food products using more vegetables and special sauces together with shrimp and salmon in a bid to reduce the resistance of consumers toward price hikes of shrimp and other commodities.

The price uptrend is also impacting restaurant operators. Akindo Sushiro, the largest revolving sushi chain in Japan, recently stopped sales of five products using shrimp at its outlets.

Ganko Food Service Co. which operates Gankozushi chains mainly in the Kansai region centering on Osaka, reduced the amount of non-shrimp materials used in traditional Japanese dishes in a bid to restrain the prime cost.

TIN MỚI CẬP NHẬT

Five key questions facing the seafood industry to be discussed at Vietnam Seafood Summit 2026

 |  14:58 22/10/2026

(vasep.com.vn) VASEP has officially announced the program for Vietnam Seafood Summit 2026 (VSS 2026), featuring five in-depth sessions covering industry outlooks, trade barriers, buyer demand, the domestic market, and solutions to improve productivity and reduce costs across the seafood value chain.

Vietnam’s shrimp exports face market volatility at year-end

 |  16:43 21/10/2026

(vasep.com.vn) Vietnam’s shrimp exports reached US$3.7 billion in the first nine months of 2026, up 11% year on year. Although growth has been supported by China and several markets within the CPTPP, momentum is slowing as exports to the United States and the European Union decline. Tariff pressures, international competition, and raw material challenges are creating significant hurdles for exporters in the final months of the year.

Vietnam’s seafood industry in 2027–2029: Where will new growth opportunities come from?

 |  14:56 19/10/2026

(vasep.com.vn) Markets are changing faster, buyer requirements are becoming more demanding, and trade barriers are growing increasingly complex. In this environment, seafood businesses need more than an understanding of current market conditions. They need a longer-term perspective to answer a critical question: Where will growth opportunities come from in 2027–2029, and what should businesses do now to prepare? This is one of the key reasons why VASEP is organizing Vietnam Seafood Summit 2026.

Vietnam’s pangasius exports to the middle east recover, but growth remains uneven

 |  16:04 15/10/2026

(vasep.com.vn) In the first eight months of 2026, Vietnam’s pangasius exports to the Middle East reached US$113 million, up 7% year on year from the same period in 2025. Growth has become more pronounced in recent months. In August alone, exports to the region totaled US$20 million, an increase of 24%. This indicates that demand for Vietnamese pangasius in the Middle East is gradually recovering after a slowdown in March, although the pace of recovery varies across markets.

China’s shrimp imports surge: major opportunities, but demand and product mix must be assessed carefully

 |  08:32 14/10/2026

(vasep.com.vn) China’s shrimp imports continued to grow strongly in 2026, while Vietnam’s shrimp exports to the market also recorded notable growth. However, behind these positive figures lie two distinct trends: Chinese consumption is growing more slowly than imports, and lobster accounts for a substantial share of Vietnam’s shrimp exports to China, making its product mix significantly different from those of Ecuador and India. Exporters therefore need to assess each segment carefully to understand the opportunities and risks.

VIETNAM SEAFOOD SUMMIT 2026 – COMING SOON!

 |  15:26 12/10/2026

(vasep.com.vn) Changing markets, shifting buyer demand, and increasingly complex trade barriers are raising a key question for Vietnam’s seafood industry: Where will the new growth opportunities lie in 2027–2029?

Vietnam’s tilapia exports to the U.S face new competitive pressures

 |  08:47 09/10/2026

(seafood.vasep.com.vn) As of the end of August 2026, Vietnam’s tilapia exports to the United States reached $21 million, representing a steep 48% year-over-year decline and accounting for 23% of the country's total tilapia export turnover. Frozen fillets accounted for 78% with the remainder consisting of whole frozen tilapia and frozen cuts.

Vietnam's pangasius exports to Brazil rebound strongly in august

 |  08:34 08/10/2026

(seafood.vasep.com.vn) After a volatile first half of the year, Vietnam’s pangasius exports to Brazil registered robust growth in July and August 2026. In August alone, export turnover reached $19 million, surging 73% compared to the same period in 2025. Cumulatively for the first eight months, total export value reached $124 million, reflecting an 8% year-over-year increase.

Fishermen venture out to sea, determined to combat IUU fishing.

 |  08:47 07/10/2026

(seafood.vasep.com.vn) Besides modifying their boats, many fishermen in Dak Lak province are making efforts to venture out to sea to harvest seafood during the rough sea season.

Viet Uc Group exchanges aquatech innovations at Responsible Seafood Summit 2026

 |  09:26 05/10/2026

(seafood.vasep.com.vn) At the Responsible Seafood Summit and TCRS Shrimp Summit 2026, organized by the GSA (Global Seafood Alliance) in Bangkok, Thailand, the conversation about the future of the shrimp industry began with one of its most important foundations: seedstock quality.

VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM

Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội

Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO

Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu

Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông

Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn

Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh

Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn

VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội

Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn

© Copyright 2020 - Mọi hình thức sao chép phải được sự chấp thuận bằng văn bản của VASEP

DANH MỤC