Industry Outlooks

Published on
May 16, 2017
blue whiting

Iceland’s fishing fleet landed a total of 109,305 metric tons (MT) of seafood products last month, an increase of 5 percent compared with April 2016 thanks to a strong pelagic catch, with blue whiting providing the biggest year-on-year increase. 

According to the latest figures gathered by the Directorate of Fisheries and published by Statistics Iceland, the total pelagic catch increased by 18 percent year-on-year to 67,174 MT, with a … Read More

Published on
May 8, 2017
fish feed

Following three successive years of low Peruvian anchovy harvests, the supply of fishmeal and fish oil has improved considerably in 2017 – largely due to the absence of El Nino, while high prices have also softened, according to a new report published by Rabobank. 

The report, “To fishmeal…or beyond?” compiled by Gorjan Nikolik and Beyhan de Jong, states that global fishmeal production has declined by more than 2 mil… Read More

Published on
May 5, 2017
skrei

Norwegian seafood exporters shipped 151,000 metric tons (MT) fisheries and aquaculture products with a value of NOK 6.8 billion (USD 785.1 million, EUR 716.3 million) last month, representing declines of 23 percent and 7 percent respectively, according to new figures published by the Norwegian Seafood Council (NSC).

For the first four months of the year, Norway has exported 886,000 MT of seafood worth NOK 31 billion (USD 3.6 billion, EUR 3.3 bill… Read More

Published on
May 1, 2017
bluefin tuna

Japan’s catches of smaller Pacific bluefin tuna this season are already very close to reaching the annual limit.

The Japan News reported that although the Fisheries Agency has been calling on fishermen to limit their operations, Japan’s total catches of Pacific bluefin tuna weighing less than 30 kg are now likely to exceed the limit mainly due to large catches in seas near the country.

Based on the agreement at the Western and Central… Read More

Published on
April 12, 2017

Pelagic fish exporters from Norway shipped 146,000 metric tons (MT) of herring and mackerel in the first-quarter of this year with a total value of NOK 1.7 billion (USD 197.9 million, EUR 186.7 million), with fillet products growing in demand.

According to the Norwegian Seafood Council (NSC), the Scandinavian country exported 42,000 MT of whole herring and 30,000 MT of frozen herring fillet products with a total value of NOK 795 million (USD 92.6… Read More

Published on
March 30, 2017

Iceland’s fishing fleet landed seafood with a total value of ISK 133 billion (USD 1.2 billion, EUR 1.1 billion) in 2016, a decrease of 12.1 percent compared to the ISK 151.3 billion (USD 1.3 billion, EUR 1.2 billion) in the previous year. 

During the 12-month period, the value of the country’s demersal, pelagic, flatfish and shellfish catches decreased by 9.9 percent, 19.6 percent, 7.9 percent and 12.9 percent respectively, accor… Read More

By

Gao Fu Mao

Published on
March 30, 2017

China has issued a stark warning over the worsening loss of competitiveness of its seafood sector. 

What China terms its “comprehensive export price of aquatic products” – an average yield on exported product – has dropped for two consecutive years since 2014, with a decline of 6.1 percent in 2016 and a 2.28 percent decrease between 2016 and the year prior. 

The data was published in ‘China Fishery Daily,&r… Read More

Published on
March 23, 2017

Catch revenues for the U.K. fishing fleet totaled GBP 920 million (USD 1.2 billion, EUR 1.1 billion) last year, up almost 20 percent from GBP 775 million (USD 969.4 million, EUR 898.9 million) in 2015, despite a small decrease in the total volume landed, according to the latest fleet economic performance estimates generated by the U.K. Seafish Authority.

The 2016 total was the highest annual value of landings (both ...… Read More

Published on
March 15, 2017

The Icelandic fishing fleet landed a total of 85,678 metric tons (MT) of seafood products last month, a decrease of 4 percent compared with February 2016, but up significantly on the 7,610 MT landed in January this year due to the two-month fishing strike.

According to the latest figures gathered by the Directorate of Fisheries and published by Statistics Iceland, the total demersal catch – “still affected by the fishermen’s strike” – … Read More

Published on
March 14, 2017

Global sales of fresh British Columbia (B.C.) farm-raised salmon reached a record CAD 746 million (USD 554.9 million, EUR 520.6 million) last year with exports to 12 markets valued at more than CAD 544 million (USD 404.6 million, EUR 379.6 million), according to new figures released by the B.C. Salmon Farmers Association.

In volume terms these exports totaled 55,711 metric tons (MT). Exports to the United States – the ...… Read More