China's seafood exports in 2023: three major categories declining & two major factors contributing2023/12/17 10:00The situation is not optimistic as the export value of all three categories decreased
Firstly, according to the latest statistics from Marketing, China's export value of primary aquatic products (03 items) in the first half of 2023 amounted to US$5.16 billion, down 20.0% from US$6.19 billion in the same period last year. Among them, the export value of five major exporting provinces, including Shandong and Fujian, subtotaled to US$4.73 billion, down 21.4% from US$5.75 billion in the same period last year. Considering that the global epidemic has passed and production and logistics have returned to normal, such a drastic decline is very rare.
Merry Christmas & Happy New Year2023/12/25 09:43Dear friends,
May your day be merry, bright, and filled with festive joy!
Warmest wishes for a joyous Christmas filled with love and laughter! Cheers to a day of festive fun, delicious treats, and making memories with loved ones.
Merry Christmas &Happy New Year
French oysters explode in food safety crisis, government bans sales and forces destruction2024/01/15 09:07Oysters have been temporarily banned from sale in France's Arcachon Bay due to norovirus infection, according to local French media reports.
See you at Booth 3450, March 10-12, 2024 in Boston, USA, Seafood Expo North America 20242024/01/17 09:35Looking forward to meet you at our Booth 3450, March 10-12, 2024 in Boston, USA
Japan's squid catch falls to 60-year low as prices soar2024/02/19 14:25Japan's squid supply fell by nearly 20% last year to only 150,000 tons, including domestic catches, imports and carry-over stocks. That's more than 50 percent less than the annual average of more than 300,000 tons since 2000, and 75% less than the 2000 supply of 667,000 tons.
According to data published by the National Union of Fisheries Cooperatives of Japan, the decline is mainly due to record low catches of Japanese squid, the main commercial species used in Japan for sashimi and dried products.Landings in 2023 fell by 20 percent to 13,348 tons, a 60-year low and the lowest level on record.
Russia sharply cuts pollock fillet production due to sanctions2024/02/20 09:00Under pressure from international sanctions, production of pollock fillets and other value-added products declined sharply last year, although Russian pollock production is at its highest level in 25 years.
Yellowfin tuna prices expected to soar as fishing slows2024/02/26 09:00Prices for yellowfin tuna for December delivery continue to fall in several regions, driven by weak demand in Europe. Weak demand in Europe has led to low prices, as has skipjack tuna. The European canned tuna industry is going through a difficult period characterized by a challenging marketing season.
Vietnam surpassed China as the largest supplier of red swimming crab to the USA2024/02/28 10:13The wide price gap between U.S. blue swimming crab ((BSC) and red swimming crab (RSC) usually means that blue swimming crab prices are about to slip while red swimming crab prices are about to climb.
The U.S. Demand for Seafood Depends on Overseas Imports2024/03/07 15:03The United States relies on overseas imports for much of its seafood needs, a situation that has persisted for more than three decades. According to U.S. government data, about 80 percent of seafood consumption comes from abroad, resulting in a seafood trade deficit that has become the norm.
FAO: Global consumption of tuna may remain low in 2024!2024/03/10 09:00FAO: Global consumption of tuna may remain subdued in 2024, and falling raw material prices may not drive volume growth.- Seafood Expo North American opens, What are the market trends in 2024?2024/03/12 11:06The 42nd Seafood Expo North America (SENA) was held at the Boston Convention and Exhibition Center in Boston, U.S.A. from March 10-12. This year's exhibitors came from 49 countries around the globe, numbering 1,210, a 6% increase over last year, with an increase in the number of exhibitors from China, Ecuador, Japan, Norway and the U.S.
How will the 2024 Seafood Expo North America show be presented?2024/03/14 08:30According to the organizer's exhibitor registration information, the number of registered exhibitors for Boston 2024 has reached 1,200+, including Mowi, Cermaq, Anova Foods Inc, Leroy USA, Multi X, Phillips Foods Inc, Hofseth International AS, Seaborn AS, Hiddenfjord, Thermogreen, Aquachile, Bakkafrost and other international seafood companies, with an exhibition area of 22,500 square meters.
See you at Booth at Booth # 4H606, April 23-25, 2024 in Barcelona, Spain2024/03/19 10:09Looking forward to meet you at our Booth # 4H606, April 23-25, 2024 in Barcelona, Spain
Illex squid and Gigas squid rose slightly while other squid large format prices fell!2024/04/02 11:53From March 22 to March 28, the trading prices of squid recorded at the Zhoushan International Agricultural Products Trade Center in Zhejiang Province were generally at a high level, with the prices of squid of various sizes showing a mixed trend of increases and decreases.
In particular, prices of small and medium-sized squid from the North Pacific and Indian Ocean showed an upward trend, while prices of large-sized North Pacific and Indian Ocean squid remained stable or declined slightly. Meanwhile, prices of squid from Argentina and Peru remained high and increased slightly.
Oceanic squid prices accelerate as market continues to heat up in March 20242024/04/08 10:48In March 2024, according to the data observation of Zhejiang Zhoushan International Agricultural Products Trade Centre Co., Ltd: from the operation of the monthly price index, the monthly price of China ocean-going squid continued to rise in March 2024, with the index closing at 175.78 points, up 5.90% year-on-year, continuing the trend of high growth in February; from the operation of the weekly price index, the prices of the weeks in March continued to rise, of which the third weekly price increase was Obviously, the index was 166.09 points, up 6.07%, the fourth week of increases narrowed.
Seafood Expo Global: Record High Exhibition Scale! 281 Chinese Enterprises Pavilion in Barcelona2024/04/26 10:01On April 23rd, Seafood Expo Global/Seafood Processing Global (hereinafter referred to as SEG & SPG, Seafood Expo Global/Seafood Processing Global, hereinafter referred to as "Barcelona Global Aquafood Expo 2024") opened its doors at the Barcelona Exhibition and Convention Center in Barcelona, Spain. (hereinafter referred to as "Barcelona Global Aquafood Expo 2024") was grandly opened at the Barcelona Exhibition Center!
Global pink salmon production is set to plummet by 50% by 2024, with expected impact on market price2024/04/28 16:28Russia Forecasts Big Drop in Wild Salmon Catches After a bumper 2023 harvest, production in 2024 will return to traditional levels for pink salmon.
Russia expects wild salmon catches in the country's Far East to drop by nearly half in the upcoming season, which begins June 1, allowing the traditional two-year cycle of pink salmon production to return to normal levels.
Oceanic Squid Price Growth Slows as Signs of Supply Tightness Ease2024/05/08 17:05In April 2024, according to the data observation of Zhejiang Zhoushan International Agricultural Products Trade Center Co., Ltd: from the operation of the monthly price index, the monthly price of China ocean-going squid continued to rise in April 2024, the index closed at 182.11 points, up 3.61% from a year earlier, the rate of increase slightly narrowed compared with that of March (5.90%); from the operation of the weekly price index, the price of each week of April rose first and then fell, of which The first and second week prices continued to rise, the second week index for the highest ever 171.28 points, a slight increase of 0.29% over the ring, the third week the index rushed high and fell back, the index closed at 170.06 points, down 0.71% over the ring.
Illex squid catches increased by 62.5%!2024/05/20 18:02According to a recent technical report from the Argentine INIDEP cephalopod research team as of May 6, the average daily catch of illex squid has increased from 16 tons in 2023 to 24 tons in the current year compared to last year, showing stability in the catch.
Compared to 2023, the current fishing season's harvest has been more impressive. This is evidenced by a 50% increase in the fleet's average daily production and a 62.5% jump in total catch, which was achieved with a stable operation of 70 fishing vessels.
The Illex squid fishing season got off to a bad start, the price in Chinese market has risen!-copy-12023/02/16 19:54Early reports of poor squid catches in Argentina are pushing prices higher in the Chinese squid market. Prices have been rising since Argentina's fishing season began on Jan. 10 as factories feared a potential shortage of supplies this year. The increase is between 200 and 300 US dollars per ton.
