Tuna
Tuna
Price movements (monthly)
veniam aute
Occaecat et deserunt esse duis nulla.
veniam aute
Occaecat et deserunt esse duis nulla.
veniam aute
Occaecat et deserunt esse duis nulla.
veniam aute
Occaecat et deserunt esse duis nulla.
veniam aute
Occaecat et deserunt esse duis nulla.
Fz 5-8 lb Tuna Loin
Month-on-month Change
Year-on-year Change
Fz 6 ozTuna Steaks
Month-on-month Change
Year-on-year Change
Fz Saku Block 8-12 oz
Month-on-month Change
Year-on-year Change
Fz Poke Cubes 1.5 cm
Month-on-month Change
Year-on-year Change
Tuna skpj fzn wh >4lb (WCPO) cif TH EBP
Month-on-month Change
Year-on-year Change
Frozen Tuna
- The market continues to reflect a steady undertone, holding firm despite ongoing cost and regulatory headwinds.
- Elevated tariffs remain a key factor shaping trade dynamics—Indonesian product is subject to a 19% duty, while Vietnamese product faces a 20% rate.
- According to newly released U.S. Census data, year-to-date (Jan–Oct) imports of frozen tuna fillets total 76.8 million pounds, essentially flat compared to the same period in 2024 (+0.1%).
- October imports declined 23.7% year-over-year, with notable drops from key suppliers: Vietnam fell 28.7% and Indonesia declined 24.7%.
Fresh Tuna
- Imports rose 15.2% year-over-year, reaching 2.88 million lbs in October—driven by strong gains from Panama, Costa Rica, and Trinidad & Tobago.
- Panama remained the top supplier, nearly doubling its volume from a year ago (+92.6% YoY) and contributing over 30% of total October imports despite a slight month-over-month dip.
- Year-to-date imports (Jan–Oct) are up 8.0%, with Panama (+109.2%) and Costa Rica (+83.6%) leading growth, offsetting sharp YTD declines from Venezuela and Suriname.
Tuna
Price forecast
Tuna skpj fzn wh >4lb (WCPO) cif TH EBP
- Skipjack tuna prices have been trending slightly downward since April 2025, in line with our forecast of a price decline into Q1 2026. Prices have dropped by more than 10% since April, reaching USD 1,500 in December 2025. This decline is likely to be a temporary downward correction, possibly reaching a low in Q1 before another price increase is seen.
- Models have not yet confirmed a price low is in place, so further near-term declines are possible. A low price in Q1/26 would be consistent with seasonal January weakness.
- The decline is likely temporary, and our models point to an upside risk that will need a hedge to protect against. Fundamentals indicate prices are significantly undervalued, below the regression-estimated range. Also, we are approaching the start of a typical seasonal increase following a January low, which poses an upside price risk for late 2026.
- Technical indicators show the price is below the moving average, favouring a possible further decline in the short term, but the RSI is starting to show potential bullish divergence, supporting the idea that the price decline is likely temporary.
- Upside risk into 2026 remains, with prices potentially staying well above current levels, but we need to wait for confirmation that the low is in place.
Used by the world's top procurement, revenue and trading teams
About Expana
Expana is the world's largest IOSCO-certified agrifood commodity price reporting database
With 36,000+ timely commodity prices and 1,600+ price forecasts across agrifood and industrial markets, you can enhance price visibility throughout your supply chain, reduce costs, lower COGS, and mitigate risk.
Brands by Expana: Mintec Analytics, Urner Barry, Feed Info, Stratégie Grains, Tropical Research Services
Disclaimer
Any forward-looking statements are the views and expectations of the individual market participants. Expana does not have a forward-looking view within this report or associated content. To the extent legally permissible, Expana shall not be liable and disclaims and excludes any and all liability (whether direct or indirect), nor shall Expana be liable in contract, tort (including negligence), misrepresentation (whether innocent or negligent), restitution or otherwise. No information (whether written, electronic or oral) made available herein constitutes or is to be taken as constituting or the giving of investment or financial advice by Expana, or any of its affiliates or their employees to any person, organisation or entity. Any use or reliance on the information and any suggestions, insights or guidance made against such content is entirely at your own risk.
For details on the methodology used to assess the Expana Benchmark Prices, visit this link.