The global fishing industry expects a long crisis

게시됨 2020년 6월 17일

Tridge 요약

The Food and Agriculture Organization of the United Nations (FAO) predicts a long recession in the global fish market, even after quarantine restrictions are lifted, due to decreased global demand, increased business expenses, reduced aquaculture raw material stocks, higher logistics costs, and staff shortages. The pandemic has changed consumer behavior, leading to an increase in retail demand for canned and frozen products. However, demand for fresh fish and seafood has significantly decreased, particularly in the premium segment. The global salmon market is projected to fall by at least 15%. Fish farmers are seeking financial assistance and flexibility in adjusting catch quotas from state regulators. The All-Russian Association of Fishery Producers is proposing the abolition of excessive legislation to stimulate business growth.

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원본 콘텐츠

A long recession in the global fish market can be expected even after quarantine restrictions are eased or completely lifted, the Food and Agriculture Organization of the United Nations (FAO) concluded. “According to the FAO, last year, world fish production decreased by about 1%, and due to trade conflicts and their consequences, sales of fish and seafood also decreased. The coronavirus pandemic has completely changed the optimistic forecast for 2020. A decrease in global demand, an increase in business expenses, a decrease in stocks of aquaculture raw materials, a rise in the cost of logistics, and staff shortages will negatively affect the results of the global fishing industry, ”said WARPE President German Zverev. According to the FAO Food Forecast report (June 2020), restrictions on the spread of coronavirus infection introduced by many countries of the world negatively affected the activities of fishing enterprises. A long recession in the global fish market can be expected ...

출처: Fishnet.ru