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GLOBEFISH Highlights, the GLOBEFISH Research Programme and the Vol 30/04/2011 Issue 2/2011 HIGHLIGHTS A quarterly update on world seafood markets Food and Agriculture Organization of the United Nations Fisheries and Aquaculture Policy and Economics Division Viale delle Terme di Caracalla 00153 Rome -ITALY Tel: (+39) 06 57051 Fax: (+39) 06 57053020 E-mail: [email protected] Web site: www.globefish.org Tel.: (+39) 06 57051 - Fax: (+39) 06 57053020 - Email: [email protected] - Website: www.globefish.org About GLOBEFISH Research Programme Vol. 105 The Seafood Market in Chile 2011 €30 GLOBEFISH forms part of the Products, Trade and Marketing Service of the FAO Vol. 104 The Seafood Market in France 2011 €30 Fisheries and Aquaculture Department and is part of the FISH INFOnetwork (see below). Vol. 103 Turbot – Production Technology and Markets Feb 2011 €30 It collects information from the main market areas in developed countries. Part of its services is Vol. 102 The Ornamental Fish Trade Nov 2010 €40 an electronic databank and the distribution of information through the GLOBEFISH European Vol. 101 Markets for Tilapia Jul 2010 €30 Fish Price Report, the GLOBEFISH Highlights, the GLOBEFISH Research Programme and the Vol. 100 Importance of APEC in world fisheries and aquaculture Mar 2010 €30 Vol. 99 Viet Nam - Seafood from Waterland Mar 2010 €30 GLOBEFISH Commodity Updates. Vol. 98 The seafood market in Greece Mar 2010 €30 Vol. 97 Private standards in fisheries and aquaculture Apr 2009 €30 The GLOBEFISH Highlights are based on information available in the databank, supplemented Vol. 96 The Seafood Market in Spain Nov 2008 €30 by market information from six regional services which form the FISH INFOnetwork: INFOFISH Vol. 95 The Seafood Markets in Southern EU - Cyprus, Malta and Slovenia Apr 2008 €30 (Asia and the Pacific), INFOPESCA (Latin America and the Caribbean), INFOPECHE (Africa), Vol. 94 World Octopus Market Jul 2008 €30 INFOSAMAK (Arab countries), EUROFISH (Central and Eastern Europe) and INFOYU (China). Vol. 93 Global Production and Marketing of Canned Tuna Apr 2008 €30 Vol. 92 The Seafood Market in Italy Apr 2008 €30 This issue of GLOBEFISH Highlights has been prepared by Karine Boisset, Audun Lem Vol. 91 Ecolabels and Marine Capture Fisheries Apr 2008 €30 and Paola Sabatini with contributions from Nada Bougouss, Josè Estors Carballo, Fatima Vol. 90 Market Penetration of Developing Country Seafood Products... Apr 2008 €30 Ferdouse, Diego Gentile, Erik Hempel, Katia Tribilustova, Stefania Vannuccini, Jianwei Lei Vol. 89 World Surimi Markets Apr 2007 €30 and Meyling Tang. Hilary Cochrane provided editing services and Turan Rahimzadeh was Vol. 88 Republic of Korea Fishery Industry Profile - Post Harvest Sector Nov 2006 €30 responsible for the layout. The Norwegian Seafood Export Council provided data support for Vol. 87 Lobster Markets Nov 2006 €30 Vol. 86 Marketing of Aquacultured Finfish in Europe Sep 2006 €30 the FAO Fish Price Index. Please visit the GLOBEFISH web site (www.globefish.org) to see our latest titles GLOBEFISH Highlights are distributed to the subscribers of: INFOFISH Trade News, The GLOBEFISH Research Programme provides detailed analysis of selected markets, species and INFOPESCA Noticias Comerciales, INFOPECHE Nouvelles Commerciales, through EUROFISH products of relevance in international fish trade. In addition, studies are published on specific issues of and INFOYU. GLOBEFISH Highlights are also available in electronic form. importance to the sector. For subscription details please contact: GLOBEFISH, FIPM/FAO Tel: (39-06) 5705 2692 ❏ I would like to order _____ copy(ies) of volume number _____________________for a total of €_______ Viale delle Terme di Caracalla Fax: (39-06) 5705 3020 ❏ By bank cheque in € made out to FAO GLOBEFISH for €_______________________ 00153 Rome, Italy Email: [email protected] ❏ By bank transfer in Euro to: FAO GLOBEFISH Web: www.globefish.org FAO Trust Fund (EUR) Bank Name: HSBC Bank, Plc 8 Canada Square All rights reserved. Reproduction and dissemination of material in this information product London E14 5HQ, UK for educational or other non-commercial purposes are authorized without any prior written Swift/BIC: MIDLGB22 permission from the copyright holders provided the source is fully acknowledged. Reproduction Account Number: 67115083 of material in this information product for resale or other commercial purposes is prohibited IBAN: GB04MIDL40051567115083 without written permission of the copyright holders. Applications for such permission should be addressed to the Chief, Electronic Publishing Policy and Support Branch, Communication or By credit card: ❏ Visa ❏ MasterCard Division, FAO, Viale delle Terme di Caracalla, 00153 Rome, Italy or by e-mail to copyright@ fao. org Globefish Research Programme Credit Card Number: ____________________ Expiry Date: _____________________ © FAO GLOBEFISH 2011 Signature: ______________________________ For € :__________________________ Please provide the following information: NAME: .......................................................................... Bibliographic reference: A quarterly update GLOBEFISH Highlights based on COMPANY: .................................................................. 2011 the GLOBEFISH databank POSTAL ADDRESS: .................................................... FAO/GLOBEFISH Highlights CITY: ............................................................................. (2/2011): p. 55 COUNTRY: ................................................................... Kindly return this form to: GLOBEFISH - FIPM TEL.: .............................................................................. Food and Agriculture Organization of the UN FAX: .............................................................................. Viale delle Terme di Caracalla, 00153 Rome, Italy Tel: (+39) 06 570 54744/53288 E-MAIL: .............................. @...................................... Fax: (+39) 06 57053020 Date: ........./ ........./ ......... E-mail: [email protected] INSIDE THIS ISSUE... Global fi sh economy Seabass and seabream impress Russia After a strong rebound in 2010, the current year looks likely In 2010, producers in Mediterranean to set new trade records thanks to strong demand and rising countries scaled back operations prices. p. 2 because of tighter access to credit and uncertain demand. This will result Shrimp prices reach record high in lower output in 2011 causing the current price to rise. The In real terms, 2010 was a good year for question remains as to what will happen during the fall after shrimp farmers and traders worldwide. the new season begins. p. 31 The market has also made a clear recovery after the global fi nancial Salmon production in 2010 less than half in Chile crisis hit in 2008. Shrimp prices have Chilean production of Atlantic salmon reached record highs in major domestic and import markets – a in 2010 was less than half of the levels trend that continued throughout 2010 and has continued during registered in previous years. The the fi rst quarter of 2011. p. 4 available fi gures for harvests show that up to November 2010 there was a 54% reduction in aquaculture Effect of Japan’s tsunami on tuna market uncertain output. p. 35 The devastating earthquake and tsunami have had serious effects on Mackerel wars continue into 2011 Japan’s fi shing industry and trade, as During 2010 Russia emerged as an Japan is the world’s largest sashimi important market for mackerel, tuna market p. 11 although the declining trend of exports from Norway continued. Herring exports Groundfi sh needs to focus more on value added in 2010 also declined but prices rose to counteract the negative products impact. Supplies of pelagic fi sh have tightened recently, and The remarkable resurgence of the main reason for this is the poor supply of Norwegian spring groundfi sh, especially Atlantic cod, spawning herring. p. 41 which will exceed one million tonnes in 2011 for the fi rst time in more than Fishmeal production at lowest level in years keeps a decade, will be welcome in global prices high markets. However, the groundfi sh industry needs to be creative in Combined world production of fi shmeal order to get the attention of consumers who are more interested fell sharply last year caused by declining in low prices. p. 18 catches in producing countries in South America. By region, fi shmeal output Octopus supply tight, squid improving fell back 27% in South America whereas Tight supplies affected trade in 2010, European production bounced upwards especially for octopus. Imports into all by 39% thanks to higher catches in Norway in particular. p 45 the major markets declined, and prices edged upwards. For squid, supplies were better, and the outlook for 2011 Fish oil price continues to track crude oil price The fi sh oil market is in stand-by mode is good. The cuttlefi sh market is quiet, with stable volumes and awaiting the results of the Peruvian slightly increasing prices. p. 22 fi sheries. Current prices are at record levels and despite increased oil Tilapia demand continues to grow production during the fi rst two months Global demand for tilapia continues of 2011 compared with last year, up to grow both in international and from 59 000 tonnes to 78 000 tonnes, prices should remain in domestic markets. Prices are high. p. 48 expected to be higher in 2011 with demand fi rm, rising processing costs and a balanced supply. New Challenges for Bivalve Molluscs Exports from China in 2010 grew 25% in volume reaching The bivalve mollusc sector faced a 321 885 tonnes. p. 26 number of challenges
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