The global supply of white fish in 2021 will increase by 4%, mainly pangasius

Published 2021년 6월 23일

Tridge summary

Global supplies of wild and farmed whitefish are projected to increase by 3.7% in 2021, largely due to aquaculture, with significant growth in pangasius, tilapia, Alaska pollock, cod, and global hake. The increase in farmed whitefish production is expected to be further driven by the breeding of high-value species, despite the high initial and production costs. However, the average price of major species has decreased in the first quarter of 2021, with a notable exception in the price of cod, which has increased by 12% year-on-year. The supply of wild-caught bottom fish is anticipated to reach a 10-year high in 2021, surpassing 7.6 million tons.

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

Original content

Kontali data shows that global supplies of wild and farmed whitefish will increase by a total of 3.7% in 2021 - down slightly from Kontali's initial forecast of 5% released in November. 2020. Aquaculture is expected to generate most of the growth this year, Nystoyl said, with a production increase of 520,000 tonnes of the species included in Kontali's survey. Among farmed species, the recovery of pangasius is the most obvious, production will be 300,000 tons higher than in 2020, mainly due to China and Vietnam boosting production. Such growth would offset a drop of nearly 200,000 tonnes in global catfish production from 2020 (bottom). Other species that are sure to increase significantly this year are farmed tilapia, Alaska pollock, cod and global hake. Growth in both tilapia and pangasius is expected to increase global farmed white fish production by 4.1 percent by 2021, Nystoyl said. The impact of COVID is still lingering in many places where white fish ...

Source: Vinanet