High salmon prices in Europe in recent years prompted a Hong Kong importer to set up its own smokehouse, allowing it to significantly increase volumes and market share.
When soaring prices for imported smoked salmon threatened its market share in 2015-2016, the Fine Food Company decided to take the margin hit in order to hold onto customers.
“We couldn’t say, ‘Prices are up 80 percent,’ so we gave up our… Read More
A leading Maldives’ tuna exporter is hoping Asian buyers will pay for quality as it seeks to increase exports of yellowfin and skipjack to pay for a new processing plant set to open next year.
Maldives fisheries operate on the basis of independent fishermen supplying processors, but face competition from Asian industrial-scale fishery firms freezing onboard and using injections of vegetable extracts to sell “refreshed” tuna,… Read More
The leadership at Clama, the food wing of the family-owned Mahnke Group, once saw China as a processing waypoint for seafood. Now, that viewpoint has shifted completely, with processing moving to Eastern Europe and China becoming an end market for premium seafood from Europe.
Justin Hambleton, managing director at Clama, said at the ongoing Seafood Expo Asia that his firm is getting more of its processing done in neighboring Poland rather than… Read More
A leading exporter of Australian lobsters is trying to reach out directly to China’s consumers with a campaign on two leading e-commerce sites aimed at distinguishing its lobsters on price and image from cheaper Boston lobster imports.
Brolos, the brand of the Geraldton Fishermen’s Cooperative, has opened stores on leading Chinese e-tailers JD.com and Tmall.com and hired “key opinion leaders” as part of a social media… Read More
Seafood buyers searching for innovative new products as part of the featured product showcase at Seafood Expo Asia, taking place this week in Hong Kong.
This year’s exposition, taking place at the Hong Kong Convention and Exhibition Center from 5 to 7 September, will feature more than 230 exhibiting companies from 31 countries. Thirty-four featured products have been chosen for special mention and display at the expo. Among them… Read More
Fresh off of a 10-day tour through China, meeting with various clients throughout the country’s ports and facilities, members of Australia’s Geraldton Fishermen’s Cooperative (GFC) are rounding out their key market journey with a trip to Hong Kong for Seafood Expo Asia, taking place 5 to 7 September.
The cooperative, which was established by fishermen nearly 70 years ago in 1950, has developed into the world’s largest… Read More
Attendees of Seafood Expo Asia, one of the continent’s premier trade shows catering to the seafood industry, are on the hunt for shrimp, according to the show’s organizers.
In a survey revealing the top 10 most demanded species released in advance of the expo – taking place from 5 to 7 September, 2017, at the Hong Kong Convention and Exhibition Centre in Wanchai, Hong Kong – more than 41 percent of respondents said they… Read More
Seafood industry leaders from around the world will soon head to Hong Kong for the eighth edition of Seafood Expo Asia. Once there, they will be greeted with a comprehensive, expanded conference program, announced event organizer Diversified Communications. [Editor’s note: SeafoodSource.com is owned by Diversified Communications.]
Attendees of the premier event, which takes place from 5 to 7 September at the Hong Kong Convention and… Read More
Consumption growth will continue for China heading into the latter months of 2017, after the country’s overall economy climbed by seven percent during the first half of the year, according to Andrew Tilton, the chief Asia-Pacific economist at investment bank Goldman Sachs.
Such news bodes well for the perishables sector, particularly fresh produce, Tilton said. However, logistical challenges in effect during the start of 2017 –… Read More
Seafood Expo Asia will return to Hong Kong from 5 to 7 September, 2017, for its eighth edition, according to the event’s organizer, Diversified Communications.
The event will pick up where it left off last year, when more than 8,800 seafood professionals from 69 countries flocked to the Hong Kong Convention and Exhibition Center to examine and experience a variety of seafood products, services and equipment from Asia and around the world.… Read More