Spain: Cod sales rise, with the Russian invasion in the background

Published 2022년 4월 12일

Tridge summary

The article reports that the trade of cod in Spain has recovered to pre-pandemic levels, with 40% of annual consumption occurring during Easter and Lent. Spain, with a fleet of four vessels and 40 companies, is involved in the transformation and export of cod, primarily from Norway, Iceland, and the Faroe Islands. In 2021, Spanish exports of cod and salted fish experienced a 3% decline in value, while imports fell 16% in volume and rose 2% in value. The industry faces challenges such as quotas in shared fishing grounds between the EU and Norway and inflation. Despite concerns about the impact of the war and sanctions against Russia, cod is not among the affected products, and negotiations are ongoing to maintain EU negotiating capacity and balance with Russia and Norway.

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Original content

Shipowners, industries and importers have confirmed, in statements to Efeagro, that the trade in cod, the most typical fish in waking cuisine, goes back to pre-pandemic levels. Easter and Lent concentrate 40% of the annual consumption of cod in Spain, according to the Association of Manufacturers and Salted Fish (Anfabasa). Spain has a cod fleet of four vessels and an industry of 40 companies that transform it and also export it, frozen or salted. On an international scale, the markets are conditioned by the impact of the war and the sanctions against Russia. But Russia does not sell cod in the Spanish market and, moreover, the measures of the European Union (EU) against Moscow do not affect shipments of the species. The most common origins of the cod consumed in Spain are Norway, Iceland and the Faroe Islands; As for processed or salted fish, the main supplier is the Netherlands, according to Anfabasa, part of the canning company Anfaco. Spanish exports of cod and salted fish in ...

Source: PEefeagro