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The FAO GLOBEFISH Chinese Fish Price Report, based on information supplied by industry correspondents, aims to provide guidance on broad price trends. In the last years, China remained the top fish producer in the world with strong linkages with this historical evolution growth of aquaculture vis-à-vis wild capture fisheries. In addition, China is a country where international trade plays a significant role in fish and fish products. The Chinese Fish Price Report fills an existing gap...
In September, the summer holidays are over in Europe, and importers are preparing for the Christmas sales period. However, the market is very volatile, as the impact of inflation on the seafood market, including during the main festivities, is likely to be severe. Prices of seafood are generally going up, with a few exceptions, which include cod products and shrimp, for which demand continues to be low. In the present European Fish Price Report, some...
The expansion of aquaculture will persist and is envisaged to reach 96 million tonnes in 2023, approximately a 2.8 percent rise from 2022. However, this projected growth rate is slightly lower than the sector's historical average; between 2015 and 2021 year-on-year growth averaged 3.7 percent between 2015 and 2021. While the growth of species like salmon and tilapia has decelerated, others such as pangasius and shrimp are undergoing progressive expansion. Escalating production costs, particularly for...