U.K. fishery firms are replacing shipments of whitefish to China with higher-value shellfish shipments here.
Half of the dozen U.K. companies pursuing sales in China at the recent Dalian seafood expo are secondary processors while another half are selling to Chinese F&B and wholesaler clients, explained Jim McConville of Scottish firm Fresh Catch.
An established pelagic brand back in the U.K., Fresh Catch switched focus to shellfish in… Read More
A leading Peruvian seafood exporter is encouraging buyers in China to purchase silver smelt as processing factories here scour for alternatives to whitefish like whiting. Factories in Dalian and Qingdao have both expressed an interest in buying large volumes of smelt, claims Enrique Leon Taboada, sales manager at Pesquera Hayduk SA.
“We’ll now assess the volumes we’re able to supply and try a shipment,” he explained.
Hayduk has… Read More
Korea is courting high-end buyers in mainland China with processed, branded seafood products — even as it draws increasing investment from Chinese aquaculture players to its shores. Major Korean seafood players like Hansung Enterprise Co. and Jeong Hwa Foods Co. are very eager to tap demand in China, explains Myung Han (Daniel) Kim, assistant manager of the Korea Fishery Trade Association. Sea cucumber, abalone, squid and flounder are all… Read More
Indonesia badly wants to build its sales of value-added product in China, moving away from a trade that’s dominated by shipments of whole-round product. But it’ll be a hard slog, conceded a senior Indonesian fisheries official, speaking to SeafoodSource in China.
“It’s very difficult to compete with China…we have to study China,” said Machmud Machmud, deputy director for foreign market information and analysis at the Ministry of… Read More
Indian shrimp firms are getting prices 50 higher than last year for their products in China, according to a leading official at the country’s fisheries representative body.
“Demand from China has replaced a weaker EU market, it’s very good for our black tiger and vannemei producers,” said Dr. Shine Kumar, deputy director of MPEDA. “China used to be a fish market for us but now we’re getting a lot of demand from here for our shrimp,… Read More
Chinese dominance of Mexico’s fishing industry might explain a relative absence of Mexican firms in the China market.
Cash-rich Chinese buyers have been muscling in on Mexico’s seafood industry by offering cash up front to Mexican fishing fleets, often via soft grants of millions of dollars to the local fishermen’s union, according to Raul Cortez, export sales executive at the Cortez Group, speaking to SeafoodSource in China.
“This… Read More
Officials in one of China's key fisheries regions are reporting bullish seafood production figures for the first three quarters of 2013. The northeasterly province of Liaoning, which includes the key seafood cultivation and processing port hub of Dalian, is reporting that its fisheries sector racked up revenues of RMB 102.8 billion (USD 16.9 billion, EUR 12.3 billion) in the first three quarters of the year, a 12.4 percent year-on-year jump on… Read More
Increasingly tight competition among importers for market share is causing a drop in prices and margins, warns a leading seafood trader in China.
… Read More
Crab prices are “so sensitive and margins dangerously tight,” said Chris Hanselman, head of Hong Kong-based Pacific Rich Resources (PRR). “People are now shipping crabs in from all over Europe both live and frozen. But it has become very competitive, so it’s all about [large] volumes and small
Friend of the Sea (FOS) is riding a wave of new interest in environmentalism among Asian retailers, according to its founder and director.
“Things are changing as retailers in Hong Kong and Singapore are requesting their suppliers to be Friend of the Sea certified, while most of these suppliers are from abroad a number are Chinese,” said Paolo Bray, FOS director.
Bray expects “major growth” for FOS among retail and hotel chains in Hong… Read More
As China goes back to work this week following the week-long National Day holiday, the country’s travelers have been swapping stories of seafood consumption in far off destinations.
A dozen tourists surveyed by SeafoodSource spoke of consuming seafood which ranged from salmon in Sweden to herring in Germany and lobsters in Kenya. One tourist returning from Malaysia spoke of eating various types of grouper at prices lower than those charged in… Read More