Norway's cold-water shrimp production surpasses Canada's, and global production may decline year by year in the future

Published 2024년 11월 19일

Tridge summary

The article highlights a anticipated 20% decrease in cold-water shrimp production in the northwest Atlantic, with Greenland and Canada being significantly impacted. This decline is linked to increased cod biomass, which is expected to suppress shrimp biomassth for the foreseeable future. Despite this, Greenland has proposed to reduce its 2025 cold-water shrimp quotas, but has not fully adopted the scientific advice. In contrast, Norway's cold-water shrimp production is projected to surpass Canada's in the first half of 2024, with an expected production of 72,000 tons in 2024. Global production of cold-water shrimp is predicted to reach a record high of 265,898 tons in the same year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

He expects that in the northwest Atlantic, cold-water shrimp production will drop sharply by 20%, with Greenland bearing most of the loss and Canadian production also declining. Hvingel pointed out that Atlantic cold-water shrimp production can be signaled by cod biomass. When cod biomass increases in a region, shrimp biomass will decline. Since 2000, Canadian catches have declined significantly, and Greenland has also declined. The signal shows that cod biomass is at a high level, so cold-water shrimp biomass is unlikely to rebound in the short term. In the northeast Atlantic, cold-water shrimp remain in good condition as cod numbers have fallen to their lowest level since 2000. Greenland proposes to reduce cold-water shrimp quotas in 2024 and 2025. In October this year, Greenland scientists proposed to reduce the 2025 western region cold-water shrimp quota to 89,687 tons, about 110,000 tons two years ago, and 2024. The total quota has been reduced to less than 100,000 tons. ...
Source: Foodmate

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