Ten months of fishery exports in Argentina

Published 2024년 11월 22일

Tridge summary

The CAPeCA export report shows a 11.4% increase in fishery exports from January to October, totaling $1,713 million. While the volume of hake hubbsi exports increased, prices fell in all markets. Shrimp tails saw a decline in both volume and value, but whole shrimp demand and prices increased, remaining below profitability values. Squid was the only species with a price increase. Demand for frozen hake products and whole shrimp also increased, with Spain being the main market. However, the average price remained low, especially for shrimp tails, with China being the main market but buying less at a lower price. The export of shrimp to the US increased significantly, despite potential protectionist measures, while demand for shrimp tails decreased in both volume and price.

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

Original content

The export report prepared by CAPeCA provides details on fishery exports in the period from January to October. The report indicates that the sector registered a positive variation of 11.4% and totaled a collection of 1,713 million dollars. However, in the disaggregated analysis by species it is observed that in species such as hake hubbsi, this increase is supported by the volume, given that the price suffered falls in all destination markets. In the case of shrimp tails, the situation was more complicated: the decline occurred both in volume and value. The positive contribution was made by whole shrimp, which increased demand and to a lesser extent the price, remaining well below the profitability values that it had until 2019. Of the main species that Argentina sells, squid is the only one that had an increase in sales and a significant increase in prices. Hake fillet exports increased by 15.3% in tons and 13.9% in value. This reflects a 1.2% drop in the average price. In other ...

Source: Revistapuerto