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Fresh bluefin tuna imports: Prices and markets

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Tuesday, October 15, 2019, 16:00 (GMT + 9)

Prices

The average CIF price of fresh bluefin imported by Japan in August was JPY 1,878/kg, 24% higher than last month and 9% higher than August 2018. During the first eight months, the average price was JPY 1,804/kg, up 5% on that of the same period last year.

Table 1: Average price CIF at Japan Customs, in JPY/kg

Origin

Average price at Customs (JPY/kg)

% Variation

Aug/19

Jul/19

Aug/18

Aug/19 Jul/19

Aug/19 Aug/18

Spain

2,902

2,843

2,789

+2%

+4%

Italy

-

-

-

-

-

Malta

-

-

-

-

-

Greece

-

-

-

-

-

Turkey

-

-

-

-

-

USA

2,907

3,754

3,269

-23%

-11%

Mexico

2,144

2,132

2,035

+1%

+5%

Australia (SBFT)

1,496

1,362

1,503

+10%

0%

Source: Japanese Customs/FIS.com

Graph 1: Average customs price of Japanese imports of fresh bluefin, 2015/2019, in JPY/kg

Graph 1: Average customs price of Japanese imports of fresh bluefin, 2015/2019, in JPY/kg

Source: Customs/FIS.com

Markets

In August, about 539 tonnes of fresh bluefin were imported, worth JPY 91,012 million at Japan Customs. These figures are down 42% in volume and 28% in value from those registered in the previous month. Compared with August 2018, imports are down 28% in volume and 30% in value.

Graph 2: Japanese imports of fresh bluefin, 2015/2019

Graph 2: Japanese imports of fresh bluefin, 2015/2019

Source: Customs/FIS.com

In the period, 4,349 tonnes were imported for JPY 7,899 million, down 9% in volume and 4% more in value than in the same period last year.

Graph 3: Cumulative monthly Japanese imports of fresh northern bluefin, 2015/2019, in tonnes

Graph 3: Cumulative monthly Japanese imports of fresh northern bluefin, 2015/2019, in tonnes

Source: Japanese Customs/FIS.com

The main supplier of northern bluefin (Thunnus thynnus and/or Thunnus orientalis) during the period was Mexico, with 2,344 tonnes and JPY 4,884 million.

Graph 4: Imports of fresh southern bluefin, accumulated monthly, 2015/2019, in tonnes

Graph 4: Imports of fresh southern bluefin, accumulated monthly, 2015/2019, in tonnes

Source: Japanese Customs/FIS.com

The main origin of fresh southern bluefin was New Zealand, 773 tonnes worth JPY 1,116 million.

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