Argentine squid and red shrimp tail exports to China surge in January
Frozen Common Shrimp & Prawn
Published Mar 12, 2024
Tridge summary
Argentina has seen a significant increase in its overseas fishery sales, with a growth of 35.3% to 26,041 tons, amounting to a total value of US$138 million. The primary markets for these sales are Spain and China. While cod and squid prices have risen, with squid sales seeing a 143% increase compared to January 2023, the prices for whole shrimp and shrimp tails are on a downward trend despite a 58% increase in demand for whole shrimp.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
The latest report compiled by Argentina's CAPECA shows that overseas fishery sales increased by 35%, with prices for cod and squid rising, but the downward trend in prices for whole shrimp and shrimp tails deepened, with Spain and China being its main markets. Argentina's exports of primary products and agricultural manufactured products totaled $3.495 billion in January, of which fisheries accounted for 3.9%. These figures reflect a 50.4% increase in primary product exports and a 3.1% increase in manufactured exports. The fishery sector also showed positive data, growing by 35.3% to 26,041 tons, with a total value of US$138 million. Among them, US$45 million corresponds to the Asian market and US$36 million corresponds to the European market, which is the main destination of Argentina's fishery products. Land. In terms of sales, sales of hake fillets, squid and shrimp have increased. Argentinian red shrimp The demand for whole shrimp increased by 58%, with a total ...
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