Saving Seafood

Study examines how to build resilient aquatic food systems amid COVID-19

June 1, 2021 — A new study has investigated the details of how the outbreak and spread of COVID-19 impacted the availability and supply of seafood, with fish-producing countries in Asia and Africa reporting huge disruptions of their aquatic food value chain in 2020.

With nearly every fish-producing country in the world reeling from the effects of COVID-19 on production, processing, and supply of aquatic food products, the study identifies short- and long-term policy responses that are likely to shape the seafood market trends in Egypt, Nigeria, Bangladesh, India, and Myanmar – with spillover effects to global availability and pricing of seafood products.

Read the full story at Seafood Source

US tilapia demand falls

January 15, 2019 — Americans’ consumption of tilapia has fallen in recent years, while demand from Russia has surged, according to a new report.

While the United States is still the largest importer of tilapia, imports slid an estimated 10 KT in 2017, according to a Fact.MR report.

The U.S. trends mimic the global tilapia market, which declined 6 percent in the first two quarters of 2017, thanks to weakening consumer demand, Fact.MR found.

Consumers globally are buying other specialty fish and are more interested in pangasius, analysts said.

“A special palate for pangasius has been witnessed among seafood consumers worldwide,” Fact.MR said in the report. “The U.S. and China continue to remain the largest consumers of pangasius. Following the increasing domestic demand and lower prices of pangasius, Chinese tilapia farmers are adopting farming of other fish varieties including pangasius.”

Meanwhile, the Russian Federation imported 4 KT more tilapia in 2017 versus 2016.

Read the full story at Seafood Source