Welcome to FIS   Sponsored By
United States
Subscribe to FIS | Register with FIS | Advertise with FIS | Newsletter | About FIS | Contact us
   


Farmed salmon. (Photo: Aquaculture NZ)

Aquaculture exports could grow by 40pct in four years

Click on the flag for more information about New Zealand NEW ZEALAND
Thursday, June 14, 2018, 23:00 (GMT + 9)

New Zealand’s export earnings from seafood are on the rise, mainly led by aquaculture, and it is expected they reach NZD 2.1 billion (USD 1,474 million) in the year 2022, as it was expressed by Fisheries Minister Stuart Nash.

“Aquaculture is set to be the main driver for the forecast growth, thanks largely to increased mussel harvests, and higher prices as demand continues to grow in key markets,” pointed out the minister.

“We expect hatchery-bred spat to be a boon for mussel production. We are already seeing better mussels as a result of hatchery spat produced through the SPATnz Primary Growth Partnership programme," he stated.

He also highlighted that salmon production increasing is also noted, and that there are three new farms operating in the Marlborough Sounds.

The latest report of Situation and Perspectives issued by the Ministry for Primary Industries, dated in June 2018, predicts that New Zealand's seafood export earnings will increse from NZD 1.8 billion to NZD 2.1 billion by June 2022.

Aquaculture export earnings from New Zealand are forecast to reach NZD 430 million (USD 301.9 million) this year and reach nearly NZD 600 million (USD 421.2 million) in 2022, which represents a 39.5 per cent growth. Meanwhile, export earnings for New Zealand’s wild capture fish products are expected to reach NZD 1.4 billion (USD 982.9 million) this year and climb to NZD 1.5 billion (USD 1,053.1 million) in 2022 (7.1 per cent).

According to Nash, it is expected prices are higher as a result of more people wanting to eat fish and reduced global supply due to China’s plans to reduce its catch.

In addition, he highlighted it is clear the environmental credibility of their seafood products will be a vital factor in our export success. "The Marine Stewardship Council has certified many of our fisheries as sustainable. Further certification of this kind will support export prices," he stressed.

On the other hand, the minister argues that the innovative approaches to harvesting will also play their role.  Particularly, he made reference to this Government’s recent regulation changes that have allowed the use of innovative trawl technology to allow more precise fishing and to produce high quality products such as those under the new Tiaki brand.

Related article:

New innovative trawl technology approved for commercial operations

editorial@fis.com
www.fis.com

 


 Print


Click to know how to advertise in FIS
MORE NEWS
United States
Jun 22, 03:00 (GMT + 9):
Fishermen affected by hurricanes and fishing disasters to be granted USD 200 million
Republic of Ireland
Jun 22, 02:00 (GMT + 9):
Fire causes serious damage to processing plant
Spain
Jun 22, 01:50 (GMT + 9):
Andalusia will open striped venus clam fishery when recovery ‘guarantees’ appear
Canada
Jun 22, 01:00 (GMT + 9):
British Columbia sets new salmon farming rules
Chile
Jun 22, 00:50 (GMT + 9):
Thirty meetings held with artisanal sector to discuss 'long' fisheries bill
Norway
Jun 22, 00:30 (GMT + 9):
IN BRIEF - SalMar - Purchase of increased capacity following auction of new aquaculture licences
United Kingdom
Jun 22, 00:30 (GMT + 9):
IN BRIEF - Grimsby's Young's Seafood to lose huge GBP 30 m Asda contract
Greece
Jun 21, 23:40 (GMT + 9):
UAE fund, Amerra and Andromeda Group to acquire two Greek aquaculture firms
Norway
Jun 21, 23:10 (GMT + 9):
Norway Royal Salmon purchases farming licences for EUR 12.2m
United States
Jun 21, 23:00 (GMT + 9):
IN BRIEF - Fisheries Off West Coast States; Coastal Pelagic Species Fisheries; Biennial Specifications
United States
Jun 21, 23:00 (GMT + 9):
IN BRIEF - Icicle Seafoods brings Julianne Curry onboard as Public Affairs Manager
Canada
Jun 21, 23:00 (GMT + 9):
IN BRIEF - B.C. sets deadline for Indigenous salmon farm consent
Canada
Jun 21, 22:40 (GMT + 9):
Govt overreacts with fishery closure to protect right whale, fishermen state
Spain
Jun 21, 22:10 (GMT + 9):
Spain participates in European project promoting sustainable aquaculture
Norway
Jun 21, 21:30 (GMT + 9):
Salmon price status at week 24



Lenguaje
FEATURED EVENTS
  
TOP STORIES
SeaPak joins the Global Seafood Initiative platform
United States SeaPak Shrimp & Seafood Company a leading firm in the retail market of frozen shrimp in the United States, has joined the Global Sustainable Seafood Initiative platform as a funding partner.
NASCO adopts measures to protect salmon around the Faroe Islands and off West Greenland
European Union The North Atlantic Salmon Conservation Organisation has adopted new regulatory measures to protect salmon stocks around the Faroe Islands and off West Greenland.
Fishing deal with China would settle maritime dispute
Philippines A joint fishing agreement reportedly being discussed between China and the Philippines is deemed a significant step forward in the relations between the two countries after an old maritime sovereignty dispute.
China's retaliatory tariffs concern Alaska seafood entrepreneurs and legislators
United States Alaska’s seafood industry officials and legislators have expressed concern about the possible negative effects additional export tariffs from China may have on the state’s seafood economy as a retaliation due to the measures set by the American Government.
 
Maruha Nichiro Corporation
Nichirei Corporation -Headquarter-
Pesquera El Golfo S.A.
Ventisqueros - Productos del Mar Ventisqueros S.A
Wärtsilä Corporation -Wartsila Group Headquarter-
ITOCHU Corporation -Headquarter-
BAADER - Nordischer Maschinenbau Rud. Baader GmbH+Co.KG (Head Office)
Inmarsat plc - Global Headquarters
Marks & Spencer
Tesco PLC (Supermarket) - Headquarters
Sea Harvest Corporation (PTY) Ltd. - Group Headquarters
I&J - Irvin & Johnson Holding Company (Pty) Ltd.
Blue Continent Products (Pty) Ltd - (Oceana Group Limited)
Pesquera San Jose S.A.
Nutreco N.V. - Head Office
CNFC China National Fisheries Corporation - Group Headquarters
W. van der Zwan & Zn. B.V.
SMMI - Sunderland Marine Mutual Insurance Co., Ltd. - Headquarters
Icicle Seafoods Inc. -Headquarter-
Starkist Seafood Co. - Headquearters
Trident Seafoods Corp.
American Seafoods Group LLC - Head Office
Marel - Group Headquarters
SalMar ASA - Group Headquarters
Sajo Industries Co., Ltd
Hansung Enterprise Co.,Ltd.
BIM - Irish Sea Fisheries Board (An Bord Iascaigh Mhara)
CEFAS - Centre for Environment, Fisheries & Aquaculture Science
COPEINCA ASA - Corporacion Pesquera Inca S.A.C.
Chun Cheng Fishery Enterprise Pte Ltd.
VASEP - Vietnam Association of Seafood Exporters & Producers
Gomes da Costa
Furuno Electric Co., Ltd. (Headquarters)
NISSUI - Nippon Suisan Kaisha, Ltd. - Group Headquarters
FAO -Food and Agriculture Organization- Fisheries and Aquaculture Department (Headquarter)
Hagoromo Foods Co., Ltd.
Koden Electronics Co., Ltd. (Headquarters)
A.P. Møller - Maersk A/S - Headquarters
BVQI - Bureau Veritas Quality International (Head Office)
UPS - United Parcel Service, Inc. - Headquarters
Hamburg Süd Group - (Headquearters)
Armadora Pereira S.A. - Group Headquarters
NOAA - National Oceanic and Atmospheric Administration (Headquarters)
Omega Protein Corporation -Headquarter-
Marona S.A.
Marine Harvest ASA - Headquarters
Marubeni Europe Plc -UK-
Findus Ltd
Icom Inc. (Headquarter)
WWF Centroamerica
Oceana Group Limited
The David and Lucile Packard Foundation
Ajinomoto Co., Inc. - Headquarters
Friosur S.A. - Headquarters
Cargill, Incorporated - Global Headquarters
Benihana Inc.
Leardini Pescados Ltda
Mitsubishi Corporation Marine Products Depts. D.Team
CJ Corporation  - Group Headquarters
Greenpeace International - The Netherlands | Headquarters
David Suzuki Foundation
Fisheries and Oceans Canada -Communications Branch-
Mitsui & Co.,Ltd - Headquarters
NOREBO Group (former Ocean Trawlers Group)
Natori Co., Ltd.
Carrefour Supermarket - Headquarters
FedEx Corporation -Headquarter-
AKBM - Aker BioMarine ASA
Seafood Choices Alliance -Headquarter-
Austevoll Seafood ASA
Walmart / Wal-Mart Stores, Inc. (Supermarket) -Headquarter-
New Japan Radio Co.Ltd (JRC) -Head Office-
Gulfstream JSC
INVE Group - Head Office
Marine Stewardship Council - MSC Worldwide Headquarters
Royal Dutch Shell plc (Headquarter)
Genki Sushi Co.,Ltd -Headquarter-
Iceland Pelagic ehf
AXA Assistance Argentina S.A.
Caterpillar Inc. - Headquarters
Tiger Brands Limited
Morpol ASA - Group Headquarters
SeaChoice
National Geographic Society
AmazonFresh, LLC - AmazonFresh

Copyright 1995 - 2018 Fish Info & Services Co.Ltd| All Rights Reserved.   DISCLAIMER