Argentina: Official seafood export data in the first quarter of 2021

The situation report of the Undersecretariat of Fisheries provides details of sales by product of the main species in the first quarter. Sales grew 34.9% in volume compared to 2020, but only 7.7% in foreign exchange, as the price fell more than 20% on average. In total, 56,843 tons were exported for 162 and a half million dollars, at a rate of 2,860 dollars per ton on average. One of the few species that increased sales volume this year was the illex squid, but with a sharp drop in price. The shrimp grew in sales volume and also recovered its price. For hubbsi hake, demand fell, but the price improved by at least one point. Black hake, rays and croaker sales fell in volume and in foreign currency as prices have fallen by more than 30%. The case of pollock is particular, since more volume was sold despite, or thanks to, a steep price drop. Hoki and crab contribute to the positive balance of exports. In the first quarter, 54,375 tons of squid were exported, 96% of which was sold ...