Argentina: With a shrimp that lost price, fish exports fell by 6.7%
Frozen Common Shrimp & Prawn
Argentina
Published Nov 24, 2022
Tridge summary
Exports from the fishing sector fell by 6.7% between January and September, compared to the same period last year. According to the Chamber of Fisheries and Freezer Shipowners (Capeca), shipments of shrimp, hake and squid generated foreign currency for US$ 1,427 million. The main destination for fishery exports in 2022 was the Asian market, with sales of US$ 534 million, followed by Europe with US$ 472 million. In the American continent, shipments to the center and north totaled US$150 million and in South American markets they reached US$126 million. Of these products, shrimp represents 50% of the shipments in this value chain. During the second quarter of the year, its exported volume fell by 19.9% and its price in foreign markets by 24.9%.
Original content
LOOK: A traceability system for fishing and aquaculture is promoted The drop in the price of shrimp conditioned the business. "This situation was a consequence of the sharp drop in prices during the July-September quarter, which averaged -6.6% for July, -10.3% in August and -15.3% in September," they pointed out. from the entity. For their part, shrimp tails registered a 9.6% increase in prices, which made it possible to offset the exported tonnage, which lost 26% in relation to the first nine months of 2021. But beyond this situation, this The product registered a series of monthly falls in its values, since the peak it registered in June, when it reached a price of US$ 8,711 per ton. Within the context of a general drop in foreign trade figures, shipments of filleted hake grew by 14.4% and those of squid registered an increase of ...
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