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IN BRIEF - FAO: Situation of the European market for Sea Bass and Sea Bream

EUROPEAN UNION
Thursday, March 07, 2024

Sales in January and February 2024 remained low, with weak demand keeping the market steady. Trade was slow in Spain’s Mercamadrid, with January volumes of 982 tonnes of seabass sold and 810 tonnes of seabream sold. 

Having stayed low throughout much of 2023, seabream prices have seen a strong rally, with prices for small- and medium-sized fish rising considerably, reaching EUR 5.93 per kg and EUR 6.30 per kg, respectively, on the Spanish market. Fish sold on the Italian market in February 2024 saw a similar increase of between 20–25 percent from January 2024 levels.

Source: FAO/Globefish

Meanwhile, prices for small and large seabass have kept close to the elevated levels seen in the latter months of 2023. Medium-sized fish saw a slight decline, with Greek fish on the Spanish market standing at EUR 7.75 per kg in January 2024, down from EUR 8.60 per kg in September 2023.

Trade volumes rose slightly in 2023, although year-on-year growth was below the levels in previous years. Greece, the largest exporter by volume, saw imports remain stable at 121 000 tonnes. Following a slight drop in 2022, Turkish exporters had a good year in 2023, with volumes growing by nine percent to 106 000 tonnes. Despite being a net importer, Spain has, in recent years, become the third largest exporter of seabass and seabream, overtaking Italy. The main destination for Spanish exports is Portugal; Portuguese imports of seabass and seabream from Spain have risen from 8 200 tonnes in 2021 to 14 100 tonnes in 2023.


IN BRIEF - VASEP: Infographic: Vietnam's surimi exports in January 2024

VIET NAM
Thursday, March 07, 2024

Vietnam's surimi exports have had positive growth in the first month of 2024. Export turnover reached 26 million USD, up 32% over the same period in 2023.

Author/source: Nguyen Ha/VASEP (translated from original in Vietnamese)


IN BRIEF - 'Price improvements are expected in Spain for Argentine shrimp' (FAO)

SPAIN
Thursday, March 07, 2024

Cold storage holdings of Argentine red shrimp (Pleoticus muelleri) are low in Spain. 

In addition, demand is expected to be high during the Holy Week, which is traditionally the main consumption period for seafood in Spain.

These factors, together with on-land processing being lower than normal during this period of the year, are contributing to higher shrimp prices in Spain.

Except for the smallest sizes (40–60 per kg), prices of shrimp went up by EUR 0.20 per kg between January  and February 2024.

Source: FAO/Globefish


IN BRIEF - Indonesian labor union delegation advocates for fishery worker rights

INDONESIA
Thursday, March 07, 2024

A delegation from Indonesian labor unions led by Serikat Buruh Migran Indonesia (SAKTI) recently concluded their visit to Taiwan. Their visit was aimed at advocating for more thorough inclusion of fishery worker rights in the Taiwan-Indonesia Memorandum of Understanding (MOU) on labor cooperation.

SAKTI Sulut chairman Arnon Hiboran stated that he had worked in Taiwan from 2002 to 2015 -->

The delegation's visit comes in the context of ongoing negotiations between Taiwan and Indonesia for the renewal of the MOU, last signed in 2018. The delegation met with key organizations, including the Fisheries Agency, the Indonesian Economic and Trade Representative Office to Taipei (KDEI), and Forum Silaturahmi Pelaut Indonesia (FOSPI), an association of fellow fishers from Indonesia.

SAKTI Secretary-General Syofyan Rozali told the reporter that delayed salary payments are a major concern for many Indonesian fishery workers in Taiwan. He also mentioned cases where crew members did not receive insurance compensation upon death, emphasizing the need for better protection measures.

The delegation stressed the importance of adhering to international labor standards in protecting the rights of Indonesian deep-sea fishery workers. Issues such as the freedom of association, effective complaint mechanisms, free medical care policies for migrant workers, and communication rights at sea using Wi-Fi, were also discussed in the meetings.


Other Media | FishFarmer: AlgaEurope 2024 adds a fourth day

GREECE
Thursday, March 07, 2024

The highly anticipated AlgaEurope 2024 Conference is set to engage attendees with an expanded programme spanning four days, including a newly introduced Industry Day.

Following the resounding success of AlgaEurope 2023 and evaluating the results, the organisers have responded to feedback and industry insights, extending this year’s conference to incorporate a fourth day, with a fresh approach. The conference is taking place in Athens, Greece from 10-13 December, with the now added day on Friday, 13 December.

Source: FishFarmer | read the full article here


Other Media | FishFocus: Scottish fishers and processors welcome UK/Faroes agreement

UNITED KINGDOM
Thursday, March 07, 2024

Scottish fishermen and processors have welcomed the recent fisheries agreement between the UK and the Faroes, which will provide extra fishing opportunities for the Scottish fleet in 2024.

Mike Park, chief executive of the Scottish White Fish Producers Association (SWFPA), told Fish Focus:

“We welcome this agreement, as it  provides significant additional fishing opportunities to a number of larger vessels, thus removing their effort from UK waters.”

Under the agreement, the UK  secured an extra 920 tonnes of cod and haddock, of which no more than 276 tonnes may consist of cod, and as a bycatch only.

Source: FishFocus | read the full article here


Other Media | SeafoodSource: UK's 2024 retail market looking stronger for seafood suppliers

UNITED KINGDOM
Thursday, March 07, 2024

With U.K. grocery inflation hitting its lowest point in almost two years, British grocery chains featuring more domestic seafood, and value retailers continuing to grow sales, all signs are pointing toward a better market in 2024 for U.K. seafood suppliers.

U.K. grocery price inflation fell to 5.3 percent in February – the lowest rate seen in the country since March 2022 and a decrease of 1.5 percent month over month, according to Kantar. The data and analytics company reported take-home grocery sales grew in value by 5.1 percent for the four weeks ending 18 February.

Author: Christine Blank / SeafoodSource | read the full article here


IN BRIEF - Frozen white leg shrimp meat amount decreased by 41%

SOUTH KOREA
Wednesday, March 06, 2024

The frozen white leg shrimp  (vannamei) meat amount imported in January decreased by 41% compared to the previous year.

In January 2024, frozen whiteleg shrimp meat imported into Korea amounted to 205 tons, down 44% from 365 tons in the same period last year. This accounted for 0.2% of the total seafood imports of 84,073 tons, and in the year before last, 206 tons were imported.

As of January, 113 tons, or 55%, of frozen white shrimp meat were imported from Thailand, 48 tons from Vietnam, and 44 tons from India.

The import price by country was the highest for Thailand at 12.35 USD/kg, the lowest for India at 8.27 USD/kg and Vietnam at 7.65 USD/kg. The average import price was USD 10.37/kg, an increase of 4% compared to the same period last year.

The import amount of frozen white leg shrimp meat in January was USD 2.12 million, a 41% decline compared to USD 3.63 million in the same period last year.

Source: Union Forsea Corp.


IN BRIEF - Frozen cod import amount decreased by 54%

SOUTH KOREA
Wednesday, March 06, 2024

The amount of frozen cod imported into Korea in January 2024 was 590 tons, down 37% from 932 tons in the same period last year, accounting for 0.7% of the total seafood imports of 84,073 tons, and in the year before last, 1,184 tons were imported.

As of January, 556 tons of frozen cod, or 94% of the total, were imported from Russia, 20 tons from China, 13 tons from Canada, and 1 ton from the United States.

The import amount of frozen cod in January was USD 1.59 million, a 54% decline compared to USD 3.5 million the previous year.

The import price by country was the highest for Russian origin at USD 2.77/kg, the lowest from China at USD 2.60/kg, and the United States at USD 2.0

Source: Union Forsea Corp.


IN BRIEF - EU and UNDP handover of fish laboratory and farm equipment to support sustainable fisheries production

UZBEKISTAN
Wednesday, March 06, 2024

Tashkent -- On 5 March, the European Union (EU) and the UNDP held the handover ceremony of equipment to the Research Institute of Fisheries to support more sustainable fish farming practices. The provided equipment will help to reduce water consumption, improve water quality and energy efficiency in the fish farms, and, in turn, support the welfare of fish.

During the ceremony, the first deputy Khokim of Tashkent region on agriculture and water management issues, Botir Alimbekov, gave a welcome address and emphasized that the fishing industry is an important sector of food production in Uzbekistan, ensuring food security by supplying the country’s population with high-quality protein with excellent nutrition value. He also stressed that aquaculture contributes to the creation of new jobs in rural areas, thereby improving the well-being of people.

Mr. Wim Riepma, Head of Cooperation of the EU Delegation to Uzbekistan, highlighted that the purification and disinfection filters provided will improve the water quality, and by that, the health of the fish.

Healthy fish, means healthy food and healthy people. The filters also contribute to a better environment, as less pollutants will be emitted by the fish farm. In addition,use of solar water heaters that will significantly improve fish growth in early phases, while saving electricity consumption in a sustainable way. [...]

Source: UzDaily.com


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