ANALYSIS: Frozen Tuna Demand is Flat While Rising Freight Costs Loom
According to the latest U.S. Census import data, year-to-date (Jan-May) 2024 frozen tuna imports from all countries total 31 million pounds, marking a 6.1% increase compared to the same period last year and trending 6.31% higher than their 10-year year-to-date average of 29.1 million pounds. Import trends turned positive for the first time in March 2024, following a slowdown in 2023.
Indonesia leads in year-to-date (Jan-May) imports with 12.2 million pounds, marking a slight 0.2% increase...
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