China’s fisheries output rose 15 percent last year in terms of value while rising 4.5 percent in volume terms, according to the agricultural ministry in Beijing which released the data at a briefing this week.
At its annual conference on fisheries (which comes under the remit of the department) the agricultural ministry valued the sector at CNY 1.9 trillion (USD 314 billion, EUR 213 billion) in 2013, an increase of 15 percent year-over-year.… Read More
China's leading shrimp exporter is signaling strong profits for 2013. The country’s key shrimp exporter, Zhanjiang Guolian Aquatic (Guolian) made profits of CNY 130 (USD 21.5 million, EUR 15.8 million) to CNY 150 million (USD 25 million, EUR 18.2 million), according to a senior company executive, although no official announcement of results has yet been made.
Speaking to local press, Guo Wenliang, Guolian secretary has credited rising shrimp… Read More
They’re working overtime at the Jingshen seafood wholesale market in Beijing this week. A few weeks before Chinese New Year, the traders in this — the biggest such market in northern China — are busy filling orders from restaurants and retailers gearing up for one of their busiest periods of the year.
But while it’s clear business is brisk, there’s little else clear-cut about China’s wholesale seafood trade, especially when it comes… Read More
One of China’s leading seafood production regions is reporting robust growth in 2013 output.
Fishery authorities in Guangdong province claim output of aquatic products rose by 7.3 percent to CNY 101 billion (USD 16.7 billion, EUR 12.3 billion) while the value of the “fisheries economy” rose 8.37 percent to CNY 215 billion (USD 35.5 billion, EUR 26.1 billion). Guangdong is home to China’s top shrimp processor and exporter, Zhanjiang… Read More
China needs to urgently advance its offshore aquaculture efforts to hold onto its edge in seafood production, according to one of the country’s leading aquaculture researchers.
“China cannot afford to fall behind…other countries are already doing trials,” said Mai Kangsen, dean of the aquaculture school at China Ocean University. Yet the absence of a strategic plan for offshore (he used the term shen yuan hai meaning deep far off sea)… Read More
China’s tilapia producers are worried about competition from other low price fish like basa and cod in key markets like the U.S. But they’re much more bullish about alternative export markets like Iran and Mexico.
A report produced by China Aquatic Products Processing and Marketing Association (CAPPMA) puts frozen tilapia shipments in the first three quarters of 2013 at 270,000 metric tons (MT) and USD 930 million (up 6.7 percent and 16… Read More
Irish organic salmon is set to make its debut on the China market in March next year. But the bureaucratic nature of the organic licensing system will mean it won’t initially be certified as such in China, explains the China-based Irish firm piloting the launch.
Farmed Irish organic salmon will be available in China from March to October with smoked salmon available year-round, explained Stephen O’Sullivan, CEO of Shanghai-based Ocean… Read More
Few countries have as solid a national brand recognition in China as that enjoyed by Canada, yet the country may not be able to capitalize on demand in the country.
Cyr Couturier, director at the Canadian Aquaculture Industry Alliance told SeafoodSource that while his members are “getting a lot of interest” from Chinese buyers “a big problem is we can’t produce enough” to meet the demand. Canada’s aquaculture industry has… Read More
China is looking to become a major presence in Moroccan waters starting next year, a development that will provide competition for E.U. trawlers. One of China's giant state-owned fishing firms, Shanghai Fisheries General Corp (SFGCG) claims it has doubled its takings in Morocco to USD 11.9 million (EUR 8.6 million) in value terms in the first half of this year and set a new company record by landing 2,400 metric tons (MT) in 130 days, according… Read More
Soaring demand among Chinese processors is driving capacity expansion at some of Russia’s largest ground fishing operations. Based in the far-eastern city of Vladivastock, Sigma Marine has doubled its capacity over the past year to 85,000 tons, having added vessels and quota from smaller competitors, explained Igorevna Ekaterina Prudnikova, head of export sales.
“More people have gotten into fishing because the prices are higher now and… Read More