Discover Why Tuna Reigns Supreme in Portugal's Canned Fish Industry!

The Dominance of Tuna in Portugal's Canned Fish Sector

Tuna is the most produced preserve in Portugal, accounting for nearly 50% of the total in the canned fish sector. It is also the most exported canned product, highlighting its significance in the national economy.

According to a report by ANICP – National Association of Fish Canned Industry, national production of canned fish reached €468 million in 2022, with a volume of 80,000 tons. This marks an impressive 28% increase in value and 25% in quantity compared to 2021.

Economic Impact of Tuna

Tuna alone generated €209 million, representing 45% of the sector's total. Other important products such as sardines, crustaceans, and molluscs also contribute significantly to the industry. Notably, over 60% of the production is aimed at export, totaling €334 million last year, reflecting a 10% increase from the previous year.

Spain and France are the leading export destinations, accounting for 29% and 24% of the exported volume, respectively. The USA stands out in terms of sales price, with €9.1 per kg, followed closely by Italy at €8.5.

Import and Labor Challenges

In 2022, Portugal imported €289 million in canned goods, totaling 67,000 tons, marking an 8% increase in value and 6% in quantity. More than half of these imports are canned tuna, primarily sourced from Spain (59%). The operating costs for the sector were €384 million.

However, ANICP reported that the sector is facing challenges in hiring local labor, necessitating strategies for talent attraction and retention.

Credits: envato elements