Some indices in fishery exports improve in Argentina

Published 2024년 8월 26일

Tridge summary

An export report by CAPECA reveals a shift in the global fish and seafood market, with an increase in demand in Europe, Asia, and Africa, but a decrease in both North and South America. The demand for whole shrimp has risen, breaking a downward trend, while shrimp tails have seen a decline in both price and sales. Hake hubbsi fillets experienced a rise in demand and prices, and squid sales and prices have improved, contributing significantly to Argentine fishery exports. From January to July 31, there was a 19% increase in exports and a 14.7% increase in revenue. The market prices and demand for various seafood products such as whole shrimp and illex squid have also changed, with the United States paying the highest price per ton for whole shrimp.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The export report prepared by CAPECA shows that global sales of fish and seafood have changed their international scenario. Demand increased in Europe, Asia and Africa while sales fell in both North and South America. Another significant change was the increase in the price and demand for whole shrimp, not because of magnitude but because it broke the downward trend of recent years. On the other hand, shrimp tails remained low not only in price but also in sales. Regarding the hake hubbsi, the fillet, its main product, had an increase in demand and in prices it was able to reverse the drop of last year. On the other hand, the numbers for squid are all good: the increase in catches was accompanied by an increase in demand and price that greatly helps to improve the final figures for Argentine fishery exports. In total, 314 thousand tons have been exported and more than one million dollars in foreign currency have been exceeded, with illex squid being the most important in volume ...

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