The report provides industry and market intelligence regarding the current status of the tuna longline industry in terms of distant water fleets (DWF) and other companies involved in the global chains that these fleets supply. The study examines the DWFs of China, Japan, South Korea and Taiwan. The primay focus is on industry dynamics, that is, key companies and organisations, industry organisation and corporate strategies; and the secondary focus is on markets and marketing strategies.
Pacific Island countries need policy change to increase local industry development to create economic growth. Currently local fishing industry has low numbers of jobs, poor earnings from employment and a low impact on poverty alleviation and food security. For example, Pacific Islands countries catch just $200 million worth of tuna from its fisheries while foreign nations fishing in the same waters catch over $1 billion.
Bottled tuna is a unique product that potentially provides small scale fishers in Small Islands Developing States (SIDS) with an entrepreneurial opportunity. Bottled tuna production can be undertaken with a relatively small investment and has the potential to provide good financial returns to the business operator, especially in areas with access to the tourism sector.
This report provides industry and market intelligence to the Pacific Islands Forum Fisheries Agency members regarding the current status of the Western and Central Pacific Ocean (WCPO) distant water purse seine tuna fishing industry.