Spain: The fishing industry foresees a Christmas of private labels, cheap seafood and bars

The Spanish fishing industries anticipate a Christmas marked by inflation, which they hope to successfully overcome with the sale of cheaper products - such as cheaper frozen products or seafood - and with the recovery of the hospitality industry, about which there is a diversity of opinions. Fishing companies face the Christmas campaign - the most important time of the year for their income - under the effect of high prices on consumers, with the tendency to reduce their purchase of fish or to purchase cheaper seafood and aquaculture products. Representatives of the frozen, canning, assembly and hospitality distribution industries have acknowledged, in statements to Efeagro, that the inflationary context will affect sales, but they have hoped to reinvent themselves and save their income statement. By products, an expansion of frozen products is expected compared to fresh products; By species, the industry expects consumers to buy more shrimp or prawns, considered more affordable ...