Brazil's incipient fish farming industry doubles export revenue in first half 2022

Brazil's incipient fish farmed exports in the second half to 2022, doubled in value and increased 14% in volume compared to Jan/July 2021. In effect sales reached US$ 14,3 million, from US$ 7,2 million y-to-y, with volume increasing to 4,931 tons from 4,327 tons. How come such differences. The reply is higher added value, especially frozen fillets which increased 544% in price and 571% in volume. Among all categories, this product had the highest growth in both indicators. Considering the first six months of this year, the month of May saw the highest increases in both revenue (with US$ 4 million) and exported tons (1,331). The data is from the 10th edition of the Newsletter on Fish Farming Foreign Trade, a quarterly publication jointly edited by Embrapa Pesca e Aquicultura (Palmas) and the Brazilian Fish Farming Association (PeixeBR). As anticipated, tilapia remains the main species exported by the Brazilian fish farming industry. This specie accounted for 98% of sales and 99% of ...