Saving Seafood

FAO: Farmed fish price increases to outpace those for wild species

November 30, 2020 — Increased demand for seafood and slowing growth of fisheries and aquaculture production will see prices increase by almost a quarter over the next 10 years, projects the Food and Agriculture Organization of the United Nations (FAO).

Its report “The State of World Fisheries and Aquaculture 2020,” (or SOFIA 2020), expects total fish production to rise from its current level of 179 million metric tons (MT) to around 204 million MT in 2030. While this will represent an increase of some 15 percent, by comparison, for the period 2007-2018 that rate of growth was a much more dynamic 27 percent.

Read the full story at Seafood Source

FAO projects a decade of increased fish consumption, but Africa poses concerns

November 6, 2020 — The Food and Agriculture Organization of the United Nations projects that global seafood consumption will reach a level of 21.5 kilograms per capita in 2030, and thereby maintain a year-on-year growth trend that has already spanned 60 years, with increased fisheries and aquaculture production and growing market demand fueling the rise.

According to the FAO’s latest report “The State of World Fisheries and Aquaculture 2020,” also referred to as “SOFIA 2020,” per capita food fish consumption grew from 9 kilograms (live weight equivalent) in 1961 to 20.5 kilograms in 2018, equating to around 1.5 percent growth each year. At the same time, since 1961, the average annual rise in global food fish consumption of 3.1 percent has outpaced the population growth of 1.6 percent, and exceeded the consumption escalation of all other animal protein foods (like beef, poultry, and milk), which increased by 2.1 percent per annum.

Read the full story at Seafood Source