IN BRIEF - Maximise Your Brand’s Visibility: 3 Special Shows at THAIFEX – Anuga Asia 2025
THAILAND
Thursday, September 19, 2024
Stay ahead isn't easy with constantly shifting consumer preferences and rising competition. But THAIFEX - Anuga Asia 2025 is your perfect opportunity to rise above the noise.
Beyond our 9 distinctive trade shows under one roof, our 3 exclusive special shows are where innovation truly shines. They're specifically designed to offer cutting-edge insights and opportunities to place your brand at the forefront of industry advancements. Here's what you can expect...
1. THAIFEX - Anuga Startup: Supercharge your brand by showcasing your innovations, pitching to leading F&B investors, and networking with key industry figures. Convert visibility into impactful market opportunities and new growth paths.
2. THAIFEX - Anuga Asia tasteInnovation Show: More than a showcase, it's a prestigious award spotlighting the top innovations in the industry. Celebrating the forefront of food innovation, this high-profile event offers you a chance to position your brand to shine and secure your place among the industry's best in 2025.
3. THAIFEX - Anuga Trend Zone: Stay ahead with insights from our knowledge partner, Innova Market Insights. Discover the latest consumer trends shaping the future of F&B and use this knowledge to strategise effectively and lead the market in 2025.
Tariffs on Peruvian giant squid (dosidicus gigas) may soon be halved due to contracting demand driven by excessively high prices.
This year's Peruvian giant squid catch, which is already in short supply, is expected to drop to around half of the usual average. As international demand grows, Japan's supply is shrinking, leading to rising domestic prices. Trading companies are increasingly concerned that local stocks may soon be depleted.
To mitigate this shortfall, squid traders are turning to Illex squid from Argentina as an alternative.
For decades, Japan dominated global squid fishing and supply, but it is now being outpaced by China's growing fleet and squid products processed in Zhoushan.
Aquaculture accounted for 59% of total aquatic production in 2022 and surpassed capture fishing for the first time, according to the FAO Sofia Report 2024, reports Alimarket.
In this sector, the Spanish company Culmarex, a subsidiary of the Canadian group Cooke that operates commercially as Cooke Spain, closed 2023 with a 23% increase in turnover and a return to profits, after a 2022 marked by the high cost of supplies and lower fish consumption due to inflation.
With facilities spread across the peninsular Mediterranean coast, it is one of the main suppliers of farmed sea bream, sea bass and croaker in Spain and Europe. Among its latest projects, the investment in a filleting plant stands out.
In September, South Korea imported 17,127 tons of frozen pollack, marking a 14% increase compared to 14,964 tons in the same period last year.
From January to September, cumulative imports totaled 105,136 tons, marking a slight decline of 1% compared to 106,596 tons during the same period in 2023. Frozen pollock comprised approximately 16% of the total seafood imports, which reached 651,137 tons by the end of September.
Geographically, 99% of frozen pollock imports (103,720 tons) originated from Russia, while the United States contributed 1,289 tons and China 127 tons. Among these, China had the highest import price at USD 1.61/kg, followed by the U.S. at USD 1.25/kg, and Russia at USD 0.96/kg.
In September 2024, the import value of frozen pollock reached USD 16 million, reflecting a 12% increase from USD 14.27 million in September 2023. However, the cumulative import value from January to September saw a 10% decrease, totaling USD 101.09 million, down from USD 112.85 million the previous year. The average import price was USD 0.96/kg, a 9% decline from USD 1.06/kg in 2023. While the volume of frozen pollock imports is rising, the decreasing import prices and overall value are raising questions about future trends in the market.
For reference, wholesale distribution prices for frozen pollock in Korea are approximately KRW 39,500 for the Russian-origin (7-count) variety and around KRW 29,500 for the 8-count variety.
As of October 5, 2024, the Russian catch of Commander squid reached 90 thousand tons, which is 40% more than the figure for the same date last year. It is also only 2% less than what was caught in the whole of 2023, the Analytical Center of the Fish Union calculated.
The production of squid whole round on ships increased by 12% over 9 months compared to the same period last year, to 40 thousand tons.
The production of squid fillets on vessels exceeded 4.5 thousand tons, which is 25% more than on the same date last year and 6% ahead of the production volume for the whole of 2023.
Source: Fish Union (translated from original in Russian)
On October 12, representatives from Mong Cai City (Qu?ng Ninh) started returning Chinese aquaculture cages that arrived in Vietnam due to the impact of storm No. 10.
The return took place at the first point of the territorial sea delimitation line - Photo: VNA
The return took place in the area of ??the first point of the territorial sea delimitation line in the Gulf of Tonkin between Vietnam and China.
The two sides handed over 2 aquaculture cages with identifying characteristics consistent with the information provided by the Foreign Affairs Office of Dongxing City (China) in the letter exchanged on September 21.
This is the first return of aquaculture cages that the Foreign Affairs Office of Dongxing City (China) provided in the exchange letter.
The country marked a major breakthrough in aquaculture with the species farmed in a RAS system in Shizuoka, thanks to the collaboration with Proximar Seafood and Skretting.
On September 30, 2024, Japan took a decisive step in its aquaculture industry by celebrating its first domestic harvest of Atlantic salmon. This salmon was raised in a recirculating aquaculture system (RAS) facility located in Shizuoka Prefecture, built and operated by Norwegian company Proximar Seafood since 2022, marking a significant milestone in the sustainable development of aquaculture in the country.
Skretting, in strategic partnership with Proximar, has been collaborating closely since the start of the project.
Source: MundoAcuicola l Read the full article here
Aquaculture accounted for 59% of total aquatic production in 2022 and surpassed capture fishing for the first time, according to the FAO Sofia 2024 Report. In this sector, the Spanish company Culmarex, a subsidiary of the Canadian Cooke group that operates commercially as Cooke Spain, closed 2023 with a 23% increase in turnover and a return to profits, after a 2022 marked by the high cost of supplies and lower fish consumption due to inflation.
With facilities spread across the peninsular Mediterranean coast, it is one of the main suppliers of farmed sea bream, sea bass and croaker in Spain and Europe.
Salmon farmer Mowi harvested a record-high volume of 161,000 gutted weight tonnes in the third quarter of this year, an increase of 26,000 gwt compared to the same period last year.
Operating profit for the quarter was approximately €173 million (£144.3m), a reduction of €30m on the €203m earned in Q3 2023. Spot prices were lower throughout Q3 2024 than they were in the same quarter last year.
Source: fishfarmingexpert l Read the full article here
In what can be described as an historic event for the Norwegian aquaculture industry, the wellboat Ronja Ode was christened Ålesund on October 12th. This marked the beginning of a unique collaboration between the two local companies, Ode and Sølvtrans, which are working together to drive innovation and development in aquaculture.
Ronja Ode is the world’s first dedicated wellboat for transporting farmed cod and represents a significant step forward in the development of the cod farming industry.
The boat is the result of a close collaboration between Sølvtrans, a leading wellboat company, and Ode, the Norwegian cod farmer
Land-based aquaculture company Stolt Sea Farm (SSF) has broken ground on the construction of RAS II, its new recirculation facility in Tocha, Portugal, for the production of sole.
The new facility will be similar to the recirculating aquaculture system (RAS) operations that SSF already has in Cervo, Spain, and on the same site in Tocha.
SSF says both of these sites have exceeded expectations in terms of performance and return on investment.
Southeast Pacific Squid Index: Giant squid (dosidicus gigas) China
In order to continuously enhance the ability to control squid resources and price influence, and conduct more accurate resource assessment and forecasting, the China Ocean Fisheries Association&n...
The Norwegian Pelagic Fishing Course in Week 41 Norway
A good week for NVG herring, while the mackerel fishing is good.
Norwegian Spawning Herring (NVG):
It was a good week for Norwegian spring-spawning herring with a total of 12,468 tonnes registered...
Vietnam's Frozen Tuna Meat and Loin Exports Continue to Surge Viet Nam
Following a decline in 2023, Vietnam's exports of frozen tuna meat and loins have steadily increased in the first eight months of 2024.
Notably, in August, the export value for these products reached...
7th Symposium of Stock Enhancement and Sea Ranching Chile
Habitat-forming organisms, benthic enhancement and conservation aquaculture for the sustainability of the marine economy of Chile at ISSESR7
With a selection of around 60 research projects, i...
Copyright 1995 - 2024 Seafood Media Group Ltd.| All Rights Reserved. DISCLAIMER