Brazilian aquaculture exports fall for the first time in many years

Published 2023년 2월 2일

Tridge summary

Brazilian aquaculture exports experienced a decline in sales volume but a rise in cost in 2022, marking the first decrease since at least 2018. The country's exports of aquaculture products fell by 13%, and costs rose by 15%. Despite this, the first half of the year saw a 14% increase in volume and a 100% increase in value. The decline was primarily due to a significant drop in by-product sales. Tilapia was the dominant product in exports, accounting for 98% of the total. Exports to the US surged by 48% in volume and 43% in value, reaching 5,728 tons worth over $19 million, which made up 81% of the total export value. Exports to Canada and Taiwan also saw substantial increases.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Sales volume decreased by 13% year on year, but the cost rose by 15%. “During the first half of the year, the country exported about 4,931 tons of aquaculture products worth $14.35 million, increasing shipments by 14% in volume and 100% in value, respectively,” the association said in a report. - However, we had a very slow second half of the year when exports fell significantly from 5,479 tons worth $13.48 million in the second half of 2021 to 3,561 tons worth $9.5 million in the second half of 2022 ". This drop has led to a decline in annual aquaculture sales in the country for the first time since at least 2018. Frozen whole fish exports accounted for the largest volumes in 2022 at 4,925 tons worth over $11.77 million, up 58% and 49% year-over-year. Sales of fresh and chilled fillets amounted to 1,057 tons worth $5.88 million (also up 12% and 25%, respectively, compared to the same period last year), sales of frozen fillets amounted to 765 tons worth $4.37 million (up by 101% ...

Source: Fishretail