Argentine squid and red shrimp tail exports to China surge in January

Published 2024년 3월 11일

Tridge summary

Argentina has seen a significant increase in its overseas fishery sales, with a growth of 35.3% to 26,041 tons, amounting to a total value of US$138 million. The primary markets for these sales are Spain and China. While cod and squid prices have risen, with squid sales seeing a 143% increase compared to January 2023, the prices for whole shrimp and shrimp tails are on a downward trend despite a 58% increase in demand for whole shrimp.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The latest report compiled by Argentina's CAPECA shows that overseas fishery sales increased by 35%, with prices for cod and squid rising, but the downward trend in prices for whole shrimp and shrimp tails deepened, with Spain and China being its main markets. ​ Argentina's exports of primary products and agricultural manufactured products totaled $3.495 billion in January, of which fisheries accounted for 3.9%. These figures reflect a 50.4% increase in primary product exports and a 3.1% increase in manufactured exports. ​ The fishery sector also showed positive data, growing by 35.3% to 26,041 tons, with a total value of US$138 million. Among them, US$45 million corresponds to the Asian market and US$36 million corresponds to the European market, which is the main destination of Argentina's fishery products. Land. In terms of sales, sales of hake fillets, squid and shrimp have increased. ​ Argentinian red shrimp ​ The demand for whole shrimp increased by 58%, with a total ...
Source: Foodmate

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