Industry Outlooks

Published on
February 16, 2017

Seafood exports from Vietnam totaled USD 7.05 billion (EUR 6.6 billion) last year, an increase of 7.3 percent compared to 2015, according to the final figures for the year released by the Vietnam Association of Seafood Exporters and Producers (VASEP).

Trade growth was achieved in spite of the fisheries sector experiencing raw material supply issues caused by drought and salinity challenges, as well as trade barriers, said VASEP.

Exports of all

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Published on
February 8, 2017

Tuna exports from Vietnam are forecast to rise 8 percent in value this year to achieve total revenues of around USD 524 million (EUR 491.7 million), with the key U.S. and EU markets buying in more of the product in recent times and a new trade agreement expected to underpin further growth.

Following three years of consecutive declines, Vietnam’s tuna exports increased 12 percent in 2016, reaching USD 510 million (EUR 478.5 million), confirmed

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Published on
January 31, 2017

The Icelandic fishing fleet landed seafood with a total value of ISK 137.1 billion (USD 1.2 billion, EUR 1.1 billion) in the 12 months from November 2015 to October 2016, representing a decrease of 10 percent year-on-year.

During this period, the value of the country’s demersal, pelagic and shellfish catches decreased by 6.1 percent, 21.7 percent and 12.5 percent respectively, while a 2.4 percent value increase was posted for its flatfish

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Published on
January 26, 2017

International feed production exceeded 1 billion metric tons (MT) for the first time last year with considerable growth made in the aquaculture sector, finds a new report.

According to the “2017 Alltech Global Feed Survey,” which is the sixth edition of the annual study covering 141 countries and more than 30,000 feed mills, total feed production increased by 3.7 percent in 2016. The output for the year was also 19 percent more than the

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Published on
January 20, 2017

Historically, Canada has long been an important market for Vietnamese shrimp producers, but new export figures released by the Vietnam Association of Seafood Exporters and Producers (VASEP) find that the trade has been in steep decline over the past two years.

The cumulative figure for the first 10 months of 2016 find that Vietnam’s shrimp exports to the Canadian market amounted to USD 100.4 million (EUR 94.3 million), down almost 14 percent

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Published on
January 18, 2017

Belgium’s fishermen landed around 15,800 metric tons (MT) of seafood products with a first-sales value of EUR 52.5 million (USD 56.1 million) in the first 10 months of last year, representing a decrease in volume of 8 percent and a drop in value of 4 percent, compared with the corresponding period of 2015.

According to the latest figures published by the European Market Observatory for Fisheries and Aquaculture Products (EUMOFA), the average

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Published on
January 13, 2017

The total catch landed by Iceland’s fishing fleet last year fell 19 percent or 247,000 metric tons (MT) compared to 2015 to 1,069,595 MT, according to provisional figures gathered by the country’s Directorate of Fisheries.

The decrease has mostly been attributed to a considerably lower capelin catch of 101,089 MT for the year, down from 352,866 MT in 2015.

Overall, the pelagic catch declined 32 percent to 575,921 MT, with only small

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Published on
January 11, 2017

Pelagic fish exporters from Norway shipped 674,000 metric tons (MT) of seafood for NOK 7.8 billion (USD 904.8 million, EUR 859.9 million) in 2016. These totals represented a volume decrease of 15 percent but a value increase of NOK 11 percent compared with 2015.

The Norwegian Seafood Council (NSC) reported that the country exported mackerel worth NOK 4.1 billion (USD 475.5 million, EUR 452 million) last year, an increase of 6 percent from 2015,

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Published on
January 5, 2017

The Icelandic fishing fleet landed seafood with a total value of ISK 137.6 billion (USD 1.2 billion, EUR 1.1 billion) in the 12 months from October 2015 to September 2016, a decrease of 10 percent year-on-year.

During this period, the value of the country’s demersal, pelagic and shellfish catches decreased by 4.6 percent, 29 percent and 12 percent respectively, while a 9.1 percent value increase was posted for its flatfish landings, according

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Published on
January 4, 2017

The gross value of Australian fisheries and aquaculture production (GVP) increased by 12 percent to AUD 2.8 billion (USD 2 billion, EUR 1.9 billion) in 2014-15, according to the new Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) “Australian fisheries and aquaculture statistics 2015” report.

ABARES acting Executive Director, Peter Gooday, attributed the increase to a rise in the volume and prices of wild-caught

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