Argentina: Frozen fish exports in the first quarter
Argentina
Published Apr 30, 2021
Tridge summary
The report prepared by CAPECA provides details of the sales of the freezer fishing sector in the first three months of the year. 124 thousand tons have been exported for a final value of 418 million dollars. Shrimp prices improve, but squid prices fall sharply.
Original content
In the first quarter, sales of frozen fish have experienced drops and rises depending on the species and type of product. The most remarkable thing is the increase in the volume of exports of whole shrimp with a significant increase in the price; In the case of tails, sales were lower than in 2020. With squid, on the other hand, although more tons were exported, the price fell by 20% and China has drastically reduced its demand. For hake, filet sales had declines both in volume and in foreign exchange and Brazil, which continues to be its main market, reduced its purchases by 25%. Black hake continues with a downward trend and, on the contrary, spider crab continues to improve the level of sales with a stable price. Between January 1 and March 31, whole shrimp sales exceeded those of 2020 in both volume and currency, with an average price increase of 23%. A total of 11,294 tons were exported, which represents a growth of 16.4%; and 66 million dollars were received, which implies ...
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