"Our industry has to shoulder higher costs," said Theera at the 12th Infofish World Tuna Trade Conference and Exhibition.
Minister Theera Wongsamu at 12th Infofish World Tuna Trade Conference and Exhibition. (Photo: Infofish)
The cost and freight (CFR) price of skipjack raw material climbed from USD 918 in 2006 to USD 1,800 - USD 2,025 per ton in 2011, Infofish informed.
Last year, Thailand exported 594,751 tonnes of tuna, a drop of almost 2 per cent by volume, worth THB 60 billion (USD 1.9 billion). Import of frozen tuna fell by 5.3 per cent to 787,088 tonnes, mainly from Taiwan, the US, South Korea, Vanuatu, Japan, the Marshall Islands, Europe and the Maldives, Bangkok Post reports.
Wimol Jantrarotai, director-general of the Thai Fishery Department, said it is "unlikely" that tuna exports would continue to drop and that a rebound is largely contingent on how much raw tuna can be procured. Thailand imports as much as 85 per cent of 70,000-80,000 tonnes of the raw material required for production.
"Apart from the declining supply of tuna, limits on the number of tuna ships and pirate attacks have dampened the industry's prospects even as demand keeps rising in the global market," explained Wimol.
Catches of five major tuna species have idled at around 4.3-4.4 million tonnes in recent years due to declining stocks, noted Infofish.
Narin Niruttinanon, deputy general manager of Thai Union Manufacturing Co, thinks Thailand's tuna exports could continue to skid this year because the supply of raw material is limited.
Thai Union Frozen Products Plc (TUF) has noted that rising competition to secure imported raw materials has prompted the company to discount the possibility of major domestic expansion. The group requires 300,000 tonnes a year of tuna for local production, of which 80 per cent is sourced from the Pacific Ocean and the balance from the Indian Ocean.
"Countries with tuna in their territory encourage foreign companies to set up manufacturing facilities in their country to create employment, while access fees to catch tuna have risen from USD 200,000- USD 300,000 per ship per year to USD 1 million," said Narin.
Meanwhile, Greenpeace this week accused the tuna industry of continuing to push forward the decimation of fish stocks and called for an end to fishing methods that produce bycatch and urged “less boats, more fish” at the Infofish convention.
Five tuna species are already classed as "threatened" or "near threatened" with extinction due to overfishing, according to the Red List of Threatened Species.
“The tuna industry is on course to fishing itself out of existence. If we want healthy oceans and a viable tuna industry tomorrow, we simply need fewer boats on the water taking tuna,” said Sari Tolvanen, Greenpeace International oceans campaigner.
(seafood.vasep.com.vn) In the first six months of 2026, Ha Tinh province continued to implement comprehensive solutions to combat IUU fishing; strictly manage the fishing fleet, control fishing vessels entering and leaving ports, operate vessel tracking devices, trace the origin of seafood, and severely punish violations.
(seafood.vasep.com.vn) Vietnam's tilapia exports reached USD 7 million in June 2026, down 32% compared with the same month in 2025. Nevertheless, thanks to strong growth in the first five months of the year, cumulative tilapia exports in the first half of 2026 totaled USD 69 million, up 67% year on year.
(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company, a member of the Vietnam Association of Seafood Exporters and Producers (VASEP), has been honored with the "Famous Brand - Competitive Vietnamese Brand 2026" certification at an award ceremony organized by the Vietnam Intellectual Property Association (VIPA).
(seafood.vasep.com.vn) China imported nearly $1.4 billion worth of Vietnamese seafood in the first half of the year, a 40% increase compared to the same period last year, surpassing the US to become the largest export market for the industry.
(seafood.vasep.com.vn) As part of Vietfish 2026, the International Seafood Hosted Buyer Program has been designed as a dedicated B2B matchmaking initiative for selected international buyers. The program provides opportunities to meet directly with Vietnamese seafood companies, gain market insights, and experience Vietnam's seafood supply chain firsthand.
(seafood.vasep.com.vn) A Story from Cà Mau’s Coast It’s 5 AM in Cà Mau. Minh, a third-generation fisherman, is ready to set sail. But unlike his father and grandfather, his boat no longer runs on an old diesel engine that burns fuel and clouds the sky with smoke. Instead, it’s powered by a hybrid engine that saves 40% fuel—funded by an ESG program from a major seafood exporter.
(seafood.vasep.com.vn) Vietnam's pangasius industry is shifting its focus from increasing production volume to enhancing value-added products in order to meet the increasingly stringent requirements of export markets. In An Giang Province—the country's leading hub for pangasius farming and processing—businesses and farmers are prioritizing product quality, traceability, food safety, and sustainable development rather than expanding output.
(seafood.vasep.com.vn) Following strong growth in 2025, Vietnam’s tuna exports to Sweden continued to edge higher during the first five months of 2026. However, the picture is far from straightforward. Orders have fluctuated significantly from month to month, indicating that this market remains cautious, with purchasing decisions closely tied to actual demand and the import cycles of Nordic distributors rather than to a steady upward trend.
(seafood.vasep.com.vn) China’s shrimp imports in the first five months of 2026 continued to surpass the same period in 2025, indicating that demand in the world’s largest seafood-consuming market remains strong. However, behind the growth figures lies an increasingly competitive landscape: Ecuador dominates the competitively priced whiteleg shrimp segment, India remains the second-largest supplier, while Vietnam stands out in the lobster segment but still needs to strengthen its advantages through quality, traceability, and reliable supply.
(seafood.vasep.com.vn) Lobster exports to China continued to surge in the first half of this year, putting the lobster industry on the verge of reaching an export value exceeding $1 billion.
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