Canned Tuna Fish Industry Hit by Rising Prices, Declining Consumption

Around half of canned tuna fish factories have been forced to shut down, as most of those still open are operating at 50% of their capacity, according to the deputy head of Iran’s Conserve Industries Syndicate.
“The reason is the gradual but considerable increase in prices over the past few years. As Iranians have experienced a decline in purchasing power, canned tuna has lost most of its customers,” Masoud Bakhtiari was also quoted as saying by the news portal of Tehran Chamber of Commerce, Industries, Mines and Agriculture.
According to the official, up until four years ago, an average of 600 million cans of tuna used to be produced every year, but the figure dropped close to 300 million tons in the last Iranian year (March 2020-21).