Indonesia Tuna Fish Market- Trend Analysis & Forecast to 2030

Tuna fish production in Indonesia reached xx million tonnes in 2023 and is projected to grow at a CAGR of XX% from 2020 to 2030. Indonesia plays a vital role in the global tuna fish market, being one of the largest producers and exporters worldwide. The country supplies multiple tuna species, meeting global demand across various industries. The Indonesian tuna market is projected to grow significantly by 2030, driven by rising global demand and advancements in sustainable fishing practices.

Market Overview

Indonesia is a global leader in tuna fish production, accounting for a substantial portion of the world's supply. The country benefits from rich marine biodiversity and vast Exclusive Economic Zones (EEZ), which provide favorable conditions for tuna fishing. Tuna is a key contributor to Indonesia’s fishery exports, especially to major markets like Japan, the United States, and the European Union. However, the industry is evolving with increasing pressures for sustainability, better resource management, and compliance with international fishing standards. The Indonesian tuna market is expected to expand steadily until 2030, driven by rising global demand for fresh, canned, and frozen tuna products, along with the growth of domestic consumption.

Indonesia Significance in the Global Tuna Fish Supply

Indonesia’s strategic location in the heart of Southeast Asia places it along vital maritime routes that connect the Pacific and Indian Oceans, making it a key player in the global shipping and trade network. This geographic advantage enhances Indonesia’s ability to efficiently transport tuna to major global markets in Asia, Europe, and North America. The country’s expansive Exclusive Economic Zone (EEZ), which encompasses rich fishing grounds, provides abundant marine resources, particularly various tuna species.

Indonesia is a leading exporter of skipjack, yellowfin, and albacore tuna, which are highly sought after in the global market. These species are widely used in both fresh and processed forms, such as canned tuna and sashimi-grade products. Skipjack, in particular, is a staple for the canned tuna industry due to its affordability and availability, while yellowfin is favored for high-end markets.

Indonesia’s crucial role extends to the processed tuna segment, where it excels in producing value-added products like canned and frozen tuna. Its established processing facilities and growing expertise in maintaining international quality standards make Indonesia a vital player in supplying processed tuna to markets with high consumer demand, such as the U.S. and the EU. This ability to serve both fresh and processed tuna markets strengthens Indonesia’s position in the global supply chain.

Indonesia Tuna Fish Supply & Demand Trend

Indonesia’s tuna fish production has seen steady growth, supported by the government’s efforts to improve fishing practices and sustainability. The country produces/captures more than one million tonnes of tuna annually, making it one of the largest suppliers globally. Demand for tuna in Indonesia is growing due to increased domestic consumption, driven by a rising population and expanding middle class, along with strong international demand from key export markets.

Indonesia Tuna Fish Market Growth Factors

Several factors contribute to the growth of Indonesia’s tuna fish market. The country’s vast marine resources and favorable fishing conditions support large-scale production. Rising global demand for seafood, particularly for protein-rich, low-fat fish like tuna, is another driving force. Indonesia’s strategic location along major trade routes facilitates efficient distribution, both domestically and internationally. Additionally, improvements in sustainable fishing practices and government initiatives to support the fishery sector further propel market growth. The expansion of cold chain infrastructure and better access to international markets also boosts Indonesia’s position in the global tuna market.

Indonesia Tuna Fish Market Restraints & Challenges

Despite its significant potential, the Indonesian tuna fish market faces several challenges. Overfishing and illegal fishing practices pose risks to the sustainability of tuna stocks. Regulatory compliance with international standards remains a hurdle, as many small-scale fishermen struggle to meet certification requirements. Additionally, the impact of climate change on marine ecosystems can affect tuna populations, leading to fluctuations in supply. Infrastructure limitations, particularly in remote fishing areas, can hinder the efficient processing and export of tuna, slowing market growth.

Indonesia Tuna Fish Supply/ Value Chain Bottlenecks/ Challenges

Indonesia’s tuna supply chain faces bottlenecks at various stages. Limited infrastructure in remote fishing areas affects the efficiency of tuna landing and processing. Cold storage facilities are inadequate in many regions, leading to post-harvest losses and reduced product quality. The fragmented nature of the industry, with numerous small-scale fishers, creates challenges in standardizing practices and ensuring compliance with international standards. Transportation issues, including logistical inefficiencies, also contribute to delays and increased costs in the supply chain, making it harder for Indonesia to fully capitalize on its tuna fish production capabilities.

Tuna Fish Price Setting Power of Indonesia

Indonesia holds significant pricing power in the global tuna fish market due to its large production volumes and its role as a major supplier. However, price-setting is influenced by external factors such as international demand, exchange rate fluctuations, and competition from other key tuna-producing nations. Global market conditions, including fishing regulations and sustainability requirements, also impact the pricing power of Indonesian tuna fish.

Tuna Fish End-use Industries

Indonesia’s tuna fish supplies serve several industries, including the fresh seafood market, canned tuna processing, and the frozen food sector. Tuna is also used in pet food manufacturing and pharmaceuticals due to its high protein content. The growing demand for sustainable seafood has further boosted the end-use of Indonesian tuna in eco-conscious markets like Europe and North America.

Indonesia tuna processing factories are situated in regions such as Java, East Nusa Tenggara, Flores, Sulawesi, Maluku, and West Papua. These facilities primarily process canned skipjack, as well as fresh and frozen tuna loins, which are then exported to markets in Japan, Australia, Europe, and the USA. Whether cooked, pasteurized, fresh, frozen, or canned, all Indonesian tuna exports adhere to stringent international food safety standards.

Indonesia Tuna Fish Trade (Export & Import) Trend

Indonesia is one of the largest exporters of tuna fish globally, with key markets including Japan, the United States, and the European Union. The country exports a range of tuna products, including fresh, frozen, and canned tuna. In recent years, Indonesia has also increased its focus on value-added tuna products to enhance profitability. While Indonesia is a net exporter, it imports a small volume of tuna to meet specific processing demands. The country’s trade balance is heavily tilted toward exports, and this trend is expected to continue through 2030, driven by rising demand from developed markets.

In major tuna markets, Indonesia is ranked among the top 10 exporters and holds the position of the leading supplier of frozen tuna loins to the USA and frozen skipjack to Japan. Key export destinations for Indonesia tuna fish includes the USA, Japan, Thailand, Saudi Arabia, the European Union, Australia, Vietnam, the U.K., and the Philippines.

Indonesia Tuna Fish Market Competitive Analysis

The Indonesian tuna fish market is highly competitive, with both large-scale commercial players and numerous small-scale fishers. Key players invest heavily in sustainable fishing practices and cold chain infrastructure to maintain their competitive edge. International companies and domestic firms compete for market share, and consolidation is expected to increase in the coming years, as regulatory pressures and market dynamics push toward efficiency and compliance.

List of Key Companies (Suppliers/ Processor/ Exporters),

■ PT. Medan Tropical Canning & Frozen Industries
■ PT. Aneka Tuna Indonesia
■ PT. Juifa International Foods
■ PT. Avila Prima Intra Makmur
■ PT. GIR (PT. Gema Ista Raya)
■ PT. Maya Muncar
■ PT Samudra Mandiri Sentosa
■ PT. Sinar Pure Foods International
■ PT. Citra Raja Ampat Canning
■ PT. Dharma Samudera Fishing Industries Tbk
■ PT. Perikanan Nusantara
■ PT. Bali Seafood International
■ PT. Maluku Prima Makmur
■ PT. Bahari Biru Nusantara
■ PT. Anugerah Samudera Hindia (Asahi)
■ PT. Rezeki Inti Artha
■ PT. Bali Maya Permai
■ PT. Pahala Bahari Nusantara
■ PT. Balinusa Windumas
■ PT. Intimas Surya

In January 2024, the Indonesian government has extended an invitation to Turkish investors to participate in developing an offshore tuna farm in the eastern Papua region, with plans to establish it as a significant tuna export hub. This initiative follows previous efforts by Indonesia's fisheries ministry to attract international investment to enhance its fisheries sector. Earlier in January, the minister extended a similar proposal to Vietnam, encouraging investment in lobster farming.

Future Outlook

The future outlook for Indonesia's tuna fish market is positive, with steady growth expected through 2030. Global demand for sustainable seafood is likely to drive further expansion in the industry, while advancements in fishing technologies and sustainable practices will help boost production. However, managing overfishing, ensuring regulatory compliance, and addressing supply chain inefficiencies will be key challenges. Indonesia's role in the global tuna market will likely remain strong, with opportunities for value-added products and expanded exports to emerging markets.