Daily recap: China’s seafood deficit shrinks; Bristol Bay sockeye size to recover
Here's a recap of the top daily seafood stories from Thursday, Nov. 28
China's seafood trade deficit is expected to narrow significantly in 2024, driven by declining imports and changing consumer preferences, according to China's top seafood association.
The largest US sockeye salmon fishery is projected to experience larger fish sizes in the 2025 season, recovering from the smallest-ever average size recorded this year,?Undercurrent News learned from a preseason forecast by the University of Washington's Alaska Salmon Program.
Norwegian pelagics giant Pelagia is set to open a new filleting factory in Egersund for single-frozen mackerel next year, according to CEO Egil Haugstad.?
The outlook for Pacific halibut stocks remains challenged as fisheries scientists report a 2024 biomass that's 17% smaller than the prior year.
While most seafood executives might hesitate to expand in Venezuela's turbulent economy, Lamar Group has a different view. It plans to double production to 100,000 metric tons in 2025 -- with consumers in Europe the cornerstone of its expansion strategy.
A challenging market environment both in the US and China impacted Chilean salmon farmer Multi X's financial performance during the third quarter of 2024.
Spain's Distribuidora de Mariscos Rodriguez (Dimarosa) recorded a net turnover of €217.43 million ($228.1m) in 2023, down 4% year-on-year from €226.6m in 2022.?
Brazilian seafood authorities and market participants are optimistic that the country's shrimp producers will soon gain access to the Chinese market.