World: Production growth expected for key aquaculture species in 2025

Published 2024년 12월 20일

Tridge summary

A new report by RaboResearch forecasts modest growth for the global aquaculture industry, particularly for finfish, in 2025. The report anticipates a return to growth for Atlantic salmon, with Norway leading the charge, while shrimp production is expected to grow slowly due to low prices. Pangasius and tilapia are the fastest-growing species. However, the industry faces challenges such as tariffs, trade restrictions, and geopolitical uncertainties, including potential new import tariffs under Donald Trump's presidency and the possibility of a trade war with China. Additionally, market prices, aqua feed costs, and market access are top concerns for the industry.

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

Original content

Production growth expected for key aquaculture species in 2025, with modest growth for salmon and shrimp. RaboResearch: Production growth expected for key aquaculture species in 2025, with modest growth for salmon and shrimp. According to a new report from RaboResearch, the global aquaculture industry should see improved production growth for key species in 2025. Finfish production is poised to see the greatest growth, while shrimp, which continues to face relatively low prices, is expected to grow just 2% year-on-year. Lower feed prices and better demand should benefit producers. However, increasing tariffs and trade restrictions may impede the industry. Salmon to return to growth in 2025 “Atlantic salmon production is expected to experience mild growth from 2024 to 2026, following two consecutive years of decline,” says Novel Sharma, Seafood analyst at RaboResearch. “Norway is poised to lead the growth, with year-on-year increases projected at 2.2% in 2025 and 5.3% in 2026, ...

Source: Fish Focus