Argentina: Whole shrimp, the biggest drop in October exports

Published 2023년 11월 23일

Tridge summary

Fishing exports saw a decline overall, with shrimp frozen on board experiencing a significant decrease in foreign currency sales due to falling prices. However, shrimp tails saw an increase in exports, although the price has been consistently falling. Hake filet exports saw a slight increase in volume and average price, with Spain surpassing Brazil in volume demanded.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Fishing exports fell by 2% but sales of one of its main products, shrimp frozen on board, decreased in foreign currency by 20% as a result of the constant fall in price. The other side in terms of demand is offered by shrimp tails, which increased exports by 24%, but unfortunately the price has been falling for months, registering an increase in only one month of the year. The hubbsi hake, with the stability conferred by the quota, has not had major variations and the small margin has always been positive throughout the year for the filet, despite the drop in sales in markets as important as Brazil; Frozen hake products experience a different situation. Squid suffered a decline but in light of the lower catches in 2023, the drop is insignificant. The demand for toothfish increased although its price fell a little and in the case of crab all the indices are positive. The product with the highest export volume has been squid, but in foreign currency the shrimp tails. In total, ...

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