"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) Although Germany’s tuna imports have declined, Vietnam’s tuna exports to the market continue to show positive signs. Notably, export value recovered strongly in Q3/2026, and German import data also show Vietnamese products strengthening their position amid competition among suppliers.
(seafood.vasep.com.vn) Seafood exports are holding double-digit growth, but the opportunities are not spread evenly across product groups and markets. As businesses draw up their plans for 2027, Vietnam Seafood Summit 2026 (VSS2026) offers a chance to look ahead together: what to sell, where to sell it, and how to prepare for growth in the coming years.
(seafood.vasep.com.vn) With less than two weeks to go, the Vietnam Seafood Summit 2026 (VSS 2026) will officially take place in Can Tho. Under the theme “Seafood Market Outlook 2027–2029 – Opportunities and Potential for Double-Digit Export Growth,” the Summit is organized by VASEP at a time when seafood businesses are facing rapid market shifts, changing buyer demand, trade policy changes and growing competitive pressure all at once.
(seafood.vasep.com.vn) On October 28, 2026, the China Fisheries & Seafood Expo opened in Qingdao, China. The expo takes place over three days from October 28 to 30, 2026. This is a prestigious specialized seafood exhibition organized annually by Sea Fare Exposition Inc.
(vasep.com.vn) In the first nine months of 2026, Vietnam’s tilapia exports to the CPTPP bloc reached $7 million, marking a 51% year-on-year increase. The bloc rstands as the fourth-largest market for Vietnamese tilapia, trailing Brazil, the US, and Saudi Arabia.
(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.
(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.
(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.
(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.
(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.
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