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This publication, developed by the Food and Agriculture Organization of the United Nations (FAO), with the active support of the World Customs Organization (WCO), builds on the Harmonized System: Nomenclature 2022 edition. It presents all possible classifications for fisheries and aquaculture products by species, with a full description of each HS code, to facilitate its use within the fisheries sector, including aquaculture. This publication does not modify the structure of the HS or modify species...
Production and trade grew slightly, with fish consumption recovering to 2018 levels due to strengthening demand. Global fish production increased by 1.2 percent in 2022 to 184.1 million tonnes. Output from aquaculture will grow by 2.6 percent, remaining marginally behind its long-term growth rate of 3.3 percent between 2015 and 2020.
Inflationary pressure has seen demand shift further towards aquaculture products, which have remained relatively stable in price and supply compared to many major capture species. Price increases for capture species have been particularly pronounced for whitefish, which according to the FAO Fish Price Index rose by 55 percent between January and June.
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...
As normal in the period of the year, the main importers and brokers have already completed their activities for the year-end sales, while wholesale markets will increase in activity over the coming weeks as restaurant menus and fish counters increase their festive range in preparation for Christmas and the New Year. The festive end of year sales season will be more concentrated as the two main festivities will be on a Sunday.
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