FORFAITFEASIBILITYPUBLIC

Blue economy: big catch, little investment: Papua New Guinea

The investable gap is the vessel-to-factory link: cold chain, raw-material finance and EU-grade traceability

AFRICA · APAC · EMEA

31 OCT 202621 MINCLOSED

READ EXPLORE

Overview: the short answer

Short answer: Papua New Guinea (PNG) does not lack fish, and it no longer lacks canning steel. What it lacks is a reliable, financed flow of fish from the vessel to the factory gate. In 2023, purse seiners unloaded 290,365 tonnes of tuna at PNG ports, but only 79,210 tonnes were processed onshore [3]. That is about 27% (our calculation). The other roughly 211,000 tonnes left largely as raw frozen fish for processors in Asia. At the 2024 Thai import price for skipjack of US$1,523 per tonne [3], that unprocessed volume was worth about US$320 million before any value was added in PNG (our calc…

The full text is available to members and by single purchase.

◆ THE FULL STUDY IS RESERVED

Full study available to purchase.

Read the summary free. Buy this study to unlock the full text; it stays in your library permanently.

Reserved for members. Create a free account to continue.

Create account

Pay now or split into 2, 3 or 4 payments with Tamara. Yours permanently.