Russian seafood body forecasts export shift away from EU to other BRICS members
VARPE has projected that the EU's market share of Russian seafood products will shrink to just 6.5% by 2030, as more raw material is diverted to Africa, Latin America and the Middle East
Chinese wholesale salmon prices dropped on week 44
Chinese wholesale salmon prices declined between Oct. 28 and Nov. 2 as more volume arrived in major cities during the latter half of the previous week.
China’s Joyvio continues to bleed cash from Australis in Q3
Joyvio, which posted a net loss of $36.3m for Q3 continues to suffer from significant losses as its Chilean subsidiary Australis Seafoods
Slower growth to take farmed shrimp output over 6m metric tons in 2025
Ecuador, Asia, and China are all expected to see slight growth next year, while India should recover from production dips in 2023 and 2024
Peru’s ample anchovy quota sends shockwaves through Chinese market
Chinese traders believe a price of $1,500/t FOB for Peruvian super prime fishmeal will not be sustainable any longer
Chinese squid fishing vessel disembarks 15 critically ill crew in under three years
The Chinese squid fishing vessel operating in South American waters has been functioning as an unauthorized floating hospital
Colombia still US’ top source of fresh tilapia despite declining market
The US tilapia import market has undergone significant changes as of August, revealing a notable reduction in purchases of both fresh and frozen fillets compared to the previous year
Farmed tilapia, Vietnamese pangasius both on strong growth paths to 2025
Tilapia, driven by China and Indonesia, should pass 7m metric tons of production in 2025, while Vietnam's pangasius output should fly past 2m metric tons
Week 43 shrimp price roundup: Vietnam jumps again, India firm, Indonesia falls
Farmgate prices for farmed shrimp from Vietnam have reportedly increased in an effort by processors to stimulate supply
China’s Haid reports best-ever Q3 profits despite falling feed price
The decline in revenue has not affected the sharp 30% growth of net profit at China's largest feed manufacturer