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Half-shell Greenshell™. (Photo: Greenshell NZ)
China consolidates lobster as most lucrative fishing export
(NEW ZEALAND, 5/7/2016)
Seafood exports continue growing strongly, reaching a record high of NZD 1.71 billion (USD 1,17 bllion) in the year to end March, according to Seafood New Zealand Chief Executive Tim Pankhurst.
“This is an 11.4 per cent increase on the previous year and an NZD 80 million increase on the previous high of NZD 1.63 billion for the 2015 calendar year. Month on month growth of 18 per cent in January over the previous year was even higher at 23 per cent in March,” Pankhurst highlighted.
The strongest value growth is from exports of frozen fin fish with rock lobster, orange roughy, fishmeal and mussels also returning increased prices.
China accounts for nearly one third of total seafood export value. The average per kilo value for highly prized lobsters is up 6 per cent this year.
China’s demand, particularly around its new year, has cemented rock lobster as New Zealand’s most lucrative export species, returning NZD 305 million in 2015.
Mussel sales abroad came next at NZD 224 million, followed by hoki at NZD 209 million and then, in order of value, jack mackerel, orange roughy, ling, salmon, squid and paua.
The second most valuable market is Australia followed by the United States, Japan, Hong Kong, South Korea, Spain, France, Germany and Thailand.
Exports of half-shell Greenshell™ mussels have continued to increase this year and per kilo returns are up nine per cent.
The first major exports of squid for the 2015-16 season were shipped in March and are well ahead of the previous year’s total.
The orange roughy market in China has grown from virtually nothing several years ago to NZD 26 million in 2015, overtaking the US.
“The fact a wide variety of species across a range of markets are in demand and consequently attracting increased returns bodes well for the medium and long term outlook for the seafood sector,” Pankhurst stressed.
(NZD 1 = USD 0.68896)
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www.seafood.media
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