Many European seafood companies turn their backs on the Chinese market

Published 2022년 5월 19일

Tridge summary

European seafood companies are shifting their focus away from the Chinese market due to food safety issues and port clearance problems exacerbated by the COVID-19 epidemic. Some companies are finding it more profitable to sell domestically or to other countries. However, despite these challenges, China remains an attractive market for crustacean products and frozen shellfish, with high demand and prices. The reopening of tourism in Europe has also increased demand for food, leading to higher prices in Portugal.

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

Original content

According to Seafood Source, there are many signs that some European seafood companies are turning their backs on the Chinese market due to difficulties related to strict food safety inspection policies, especially those related to food safety issues. problems related to the Sars virus - CoV-2 found on frozen food packaging. Some other companies choose to focus on the domestic market because the domestic price is even higher than exporting to China. Boris Mirtchev, Sales Manager of Ocean Fresh Seafood, Nova Scotia, Canada, said that Chinese demand for the company's lobster remains strong, but its exports to China will drop significantly this year. due to the country's port clearance issues. Mirtchev said Ocean Fresh Seafood's lobster will mainly be directed to buyers in the European Union, the US and Canada. Domestic prices in North America are now better than in China, he said. And with more than 40 Chinese cities currently under lockdown to combat the COVID-19 epidemic, Mr. ...

Source: Vinanet