Japan's Mackerel Exports up 14% in February, Average Price Soared by 47%
According to a report by the Minato Shimbun, exports of frozen mackerel from Japan in February increased 14% year-on-year to 8,128 tons. This was due to a surge in exports to Vietnam, Japan's largest export market. While February's total exports exceeded 8,000 tons for the first time in four years, the average export price soared to 253 yen/kg ($1.59/kg), a 47% increase, against the backdrop of tight supply and demand due to a significant drop in production from Norway, the largest mackerel producer...
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