Other Media | SeafoodSource: China's salmon consumption growth imperiled by higher import prices
Thursday, June 23, 2022
Chinese consumers are facing soaring prices for imported salmon, and that may not be good for long-term market growth, according to Fan Xubing, head of the Beijing-based seafood marketing consultancy Seabridge.
Exports of fresh Norwegian Atlantic salmon to China increased 67 percent in value year-on-year between January and May 2022, even while dropping 11 percent in volume.
Author: Mark Godfrey / SeafoodSource | read the full article here
Salmon feed manufacturer BioMar has taken a swipe at rivals for their continuing trade with Russia following that country’s invasion of Ukraine.
BioMar announced higher sales volumes, revenue, and operating profits for the second quarter of 2022, and has raised earnings guidance for the year, but said it was still challenged by raw material prices, energy costs and the impact of suspending trade with Russia.
Author: Gareth Moore / Fishfarmingexpert | read the full article here
To compensate the Spanish fleet for the general rise in costs exacerbated by the war in Ukraine, the European Commission authorized Spain to distribute direct aid for a total of 18.18 million euros. Initially, the Ministry of Agriculture, Fisheries and Food established a cap per company of 35,000 euros, with a minimum of 1,550, depending on the tonnage. It has just made public the list of those with more than one vessel that will receive an additional capital injection, with a cap per shipowner of 75,000 euros. If their owners do not object, they will receive another 471,000 in days.
Source: LaVozdeGalicia | Read the full articlehere
BioMar Group and Síldarvinnslan have signed a memorandum of understanding to build a modern high-tech aquafeed production facility in Iceland.
The Icelandic aquaculture industry has grown tenfold since 2010 and prides itself on a sustainability focus and increased organic production at sea. The newer land-based projects are taking advantage of the natural environmental conditions to reduce resource requirements by utilising geothermal sources.
The vessel from Ervik Havfiske AS and Marin Teknikk AS is the first of its kind. With a built-in moonpool and a new haul system, the fishing vessel will help facilitate more efficient operations and safer working conditions for the fishermen. The project will be revealed in its entirety during this year’s Nor-Fishing.
Norway’s first land-based salmon farmer throws in the towel.
“We are still in a start-up phase, but the figures for 2021 were still not satisfactory, Bernt Olav Røttingsnes, CEO of parent company Nordic Aquafarms Europe, told Fredrikstad Blad .
The turnover in Fredrikstad Seafoods increased from NOK 19.9 million (€2 million) to NOK 45.1 million (€4.6 million), but the deficit also increased: from NOK 41 million (€4.2 million) to NOK 61.5 million (€6.2 million) before tax.
Source: SalmonBusiness | read the full articlehere
UK public company Seafish, the seafood industry body, has pointed out that fuel prices are now higher than expected in a worst-case scenario.
Fuel prices for fishing vessels have risen beyond what was forecast as April's worst-case scenario, leading to some vessels being grounded and crews retiring, people in the seafood industry have warned. UK sea.
New HMRC figures have shown that Scottish salmon is the UK’s biggest fresh food export but the sector is facing continued challenges following Covid and Brexit.
International sales of Scottish salmon were valued at £280million in the first half of 2022, with France accounting for more than half of the total. However, this was down by around 8 per cent compared to 2021, across both EU sales and non-EU sales.
China is the main world market for seafood, but a great unknown from a Western perspective. What does the Chinese consumer demand? What are their preferences and how are consumption habits evolving?
These are some of the questions that the new report published by the Global Seafood Alliance (GSA) helps to answer, which has interviewed 3,000 consumers in China to better understand consumer purchasing decisions and the influence and knowledge of the Best label. Aquaculture Practices (BAP).
Source: IndustriasPesqueras | Read the full article here
Fresh and frozen seafood sales continued their decline in U.S. supermarkets in July due to inflation and increased restaurant visits, but shelf-stable seafood sales rose as cost-conscious consumers look for ways to save money.
Frozen seafood sales dropped 7.4 percent during the month to USD 651 million (EUR 640 million). Fresh seafood fell even more, falling 9.9 percent to USD 638 million (EUR 627 million), according to new data from IRI and 210 Analytics.
Author: Christine Blank / SeafoodSource | read the full article here
A foreign foundation owns Islands in the Falklands Argentina
Does the North American Wildlife Conservation Society (WCS) have any interest in protecting some islands of the Falkland Islands/Malvinas Archipelago? We will see, but you always have to be very caref...
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