Covid-19: Sales of algae and shellfish with breaks up to 90% since March in Portugal - association

Published 2021년 1월 24일

Tridge summary

The Portuguese Aquaculture Association has reported a significant decline in sales of seaweed and bivalves, with a drop of up to 90% since March due to the pandemic. The impact on the aquaculture sector has varied, with bivalves and algae experiencing more severe impacts as they are primarily exported products. Fish sales have seen a decrease in volume but an increase in pressure from imported fish. The sector has struggled despite financial support, with aquaculture companies experiencing a drop in turnover. However, the association anticipates stable fish sales in the future, while algae and shellfish may continue to be residual. There has been growth in the number of companies collecting sea products and employees in the sector, with significant investment from the Blue Fund and Portugal 2020 program.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Sales of seaweed and bivalves have seen declines of up to 90% since March and are expected to remain “residual” in the coming months, taking into account that these products are mainly intended for export in Europe, indicated the Portuguese Aquaculture Association. “The pandemic had different impacts on different species of aquaculture. In the case of bivalves (clams, oysters and mussels) and algae the impact is quite severe, since, as these are products that are mostly exported to Europe, the breaks were very high, reaching in some cases 90% ”, indicated the secretary-general of the Portuguese Aquaculture Association, in response to Lusa. According to Fernando Gonçalves, in the case of fish, the impact is divided into two phases - during and after the first wave of the covid-19 pandemic. During the first wave, species such as turbot and sole had breaks greater than 40%, which were recovered during the summer, while in the case of sea bream, sea bass and trout the breaks, since ...

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