January 30, 2020 — A panel of experts at the Global Seafood Market Conference (GSMC), held last week in Orlando, Florida, U.S.A.predicted the cod market will remain strong in 2020, thanks to relatively flat supplies and strong demand.
Global cod fisheries are expected to harvest just over 1.5 million metric tons (MT) in 2020, roughly the same amount harvested in 2019. As supplies remain strong but relatively stagnant, demand for the fish appears strong, with the price per MT in 2019 higher than at any other points in the past decade.