IN BRIEF - July 2024 Sees 27% Decrease in Frozen White leg Shrimp Imports
SOUTH KOREA
Thursday, August 15, 2024
In July 2024, the volume of frozen white leg shrimp imported into South Korea totaled 526 tons, marking a 27% decrease compared to the 718 tons imported during the same period last year.
The cumulative import volume for the year up to July stood at 3,749 tons, a 5% decline from the 3,950 tons imported during the same period in 2023.
This accounts for approximately 0.7% of the total seafood imports, which amounted to 511,277 tons.
Ecuador was the primary source of frozen white leg shrimp imports, accounting for 63% of the total with 2,352 tons.
Other key suppliers included Malaysia with 761 tons, Vietnam with 258 tons, Peru with 215 tons, and Saudi Arabia with 163 tons. The highest import price was from Malaysia at USD 7.44/kg, followed by Ecuador at USD 6.00/kg, while Saudi Arabia had the lowest price at USD 4.72/kg.
The total value of frozen whiteleg shrimp imports in July 2024 was USD 3.1 million, a 34% decrease from USD 4.66 million in the same month last year. The cumulative import value for the year reached USD 23.63 million, down 9% from USD 25.95 million in 2023. The average import price was USD 6.30/kg, reflecting a 4% decline from the previous year's USD 6.57/kg.
As a reference, the domestic wholesale distribution price for frozen whiteleg shrimp from Ecuador is currently set at KRW 139,000 for a 12kg package, size 21/30.
Showcasing Sustainable Seafood: Protecting Health and Ocean Resources for Generations to Come
Maruha Nichiro Corporation (Headquarters: Koto-ku, Tokyo; President and CEO: Ikemi Masaru) will participate in the "Living with Food" event, a platform for exploring the future of food in Japan. Organized by Mitsui Fudosan Co., Ltd. and Discover Japan Co., Ltd., the event will take place over ten days, from January 10th (Friday) to 19th (Sunday), 2025, at Tokyo Midtown Hibiya (Chiyoda-ku, Tokyo).
As part of its medium-term management plan, “MNV 2024: Creating the Future of the Ocean and Life,” Maruha Nichiro has identified "creating health value and providing food that supports sustainability" as a key priority. At the event, the company will highlight two significant initiatives:
Promoting Health through Canned Blue Fish Products:
Maruha Nichiro will showcase the benefits of its canned blue fish products, emphasizing their potential to address contemporary health challenges. These nutrient-rich offerings are designed to support well-being while appealing to modern dietary needs.
Advancing Sustainable Seafood Practices:
The company will also present its efforts in promoting certified sustainable seafood—products that prioritize both environmental and social responsibility. These initiatives align with global sustainability goals, ensuring the long-term health of ocean ecosystems while meeting consumer demand.
The Ministry of Production (PRODUCE) reported that Manufacturing GDP grew 6.7% in November 2024, accumulating five months of uninterrupted progress; it would have also contributed S/6,730 million (at constant prices) and contributing 13.3% to the national GDP.
“The growth recorded by the Manufacturing sector in November 2024 is mainly due to the notable increase in the primary industry (fishery products and metal refining). Likewise, it was favored by the growth of the non-primary industry (consumer goods, capital goods and industrial services),” said the head of PRODUCE, Sergio González.
In this way, in the cumulative period from January to November 2024, manufacturing industrial production grew by 3.2% compared to the same period in 2023.
This result would be associated with the greater activity of industrial fishing in the second quarter; favored by oceanographic conditions. Also, the recovery of domestic demand around 3.5% and industrial exports (+10.9%) had an impact.
It should be noted that, regarding the contribution of primary manufacturing, in November 2024 it experienced a notable increase of (+18.1%), driven mainly by the greater production of the fishery products industry (+32.1%) attributable to greater availability of raw materials.
It has been discovered that the Far East Crab Catchers Association (CCA, Vladivostok), which is made up of crab producers in the Russian Far East, has suspended its certification from the Marine Stewardship Council (MSC).
The suspension has been made for all three types of crab that are subject to certification: red king crab, blue crab, and snow crab (Opilio species). As the association was the only one in the Far East to have been certified for the Opilio species, from now on, no certification for Opilio species from the Far East will be available.
The association obtained certification for the three species on October 12, 2023. The suspension comes after MSC announced in 2024 that it would suspend certification for the three species.
Launched in October, France Terre de Pêches brings together seven producer organizations: OP du Sud, Les Pêcheurs de Bretagne, Orthongel, From Sud-Ouest, From Nord, Sathoan and OP de La Cotinière, which represent 1,000 fishing companies and 5,500 fishermen, reports Vincent Schumeng from Produit de la Mer.
The aim is to promote French fishing in all its aspects. "The French don't know much about fishing," says the coalition's spokesperson, Perrine Cuvilliers - who is also the general secretary of OP du Sud. "We want to show that our fishing is beautiful and diverse, and to break down preconceived ideas."
The coalition's messages, particularly via its online media, will focus on good practices for fishermen but also on the challenges facing the profession: modernizing the fleet, recruiting young fishermen, etc. "We want to dust off the image of the fisherman and show the importance of this sector in food sovereignty,"concludes Perrine Cuvilliers.
Defending fishing means ensuring that there will be French fish on the shelves. Note that this coalition of POs has no legal status, so funding is collective.
Since 2023, when Mowi joined forces with El Corte Inglés with the aim of continuing to strengthen its presence in the Spanish market by investing in innovative shopping experiences as an easy and quick solution to introduce top-quality salmon into the diet, the Norwegian company has carried out various initiatives to promote its products among consumers.
The latest of these initiatives comes from new unconventional sales points at El Corte Inglés in Sotogrande in Cádiz and at El Capricho in Marbella “so that their customers can enjoy a unique shopping experience, which highlights the company's track record, its firm commitment to sustainability and its integrated value chain, which seeks the highest quality, flavour and freshness of the products”
Source: iPac.acuicultura l Read the full article here
It had been captured in early December by criminals armed with rifles and machine guns
A Chinese fishing boat with 18 crew members that was held hostage by pirates off the coast of northern Somalia was released on Monday, according to the Asian giant's embassy in the African country. "Thanks to the Chinese government's tireless efforts, the ship and crew were rescued safe and sound on January 13," the diplomatic mission reported in a statement released through the social network X
Source: La Voz de Galicia l Read the full article here
The European Commission has set new, more stringent requirements for avoiding listeria contamination in ready-to-eat (RTE) foods.
The updated rules only apply to RTE foods, which have been the cause of many recent listeria cases in the E.U. and are, thus, considered a high-risk food group.
The new rules establish a lower contamination threshold and a longer time frame in which producers are responsible for food safety than those that came before.
Author: Erin Spampinato / SeafoodSource l Read the full article here
Aquabounty’s land-based salmon farming equipment heads to auction.
The remnants of failed land-based salmon farming pioneer AquaBounty are set to go under the hammer in February 2025.
The auction features a range of high-value, unused aquaculture equipment, offering a rare opportunity for industry players to acquire state-of-the-art technology at reduced costs.
AquaBounty, once a high-profile advocate for land-based salmon farming, struggled to overcome the economic and operational challenges of its ambitious expansion.
Source: SalmonBusiness l Read the full article here
Despite challenges, including increased competition from other countries, trade wars and market barriers, Vietnam’s seafood exports are expected to continue to increase and could reach a total value of US$ 11 billion this year – a feat last achieved in 2022, according to the Vietnam Association of Seafood Exporters and Producers (Vasep).
In 2024, the country’s seafood exporters overcame many difficulties and challenges in terms of raw material sources, reduced demand, increased competition, and increased market barriers. Nevertheless, an export value of over $10 billion was achieved, not including more than $250 million from its overseas fishmeal sales.
According to data from the Federal Fisheries Monitoring System under the Federal Agency for Fisheries, Russian fishermen have recorded a significant increase in catch volume in early 2025.
Since the start of the year, total catches by Russian users have reached 58.6 thousand tons of aquatic bioresources, an increase of 5.8 thousand tons compared to the same period in 2024.
Regional Catch Overview:
Far Eastern Basin: 54.1 thousand tons (up by 6.3 thousand tons from 2024).
Northern Basin: 2.6 thousand tons (unchanged).
Western Basin: 0.2 thousand tons (unchanged).
Azov-Black Sea Basin: 0.3 thousand tons (up by 0.1 thousand tons from 2024).
Volga-Caspian Basin: 0.7 thousand tons (up by 0.6 thousand tons from 2024).
In addition, the Russian fleet has harvested approximately 0.68 thousand tons in exclusive economic zones of foreign states, conventional areas, and the open part of the World Ocean.
Fresh catches are being prioritized for the domestic market to meet local demand.
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SOUTH KOREA 07_15_11.png)
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JAPAN
PERU.png)
“The growth recorded by the Manufacturing sector in November 2024 is mainly due to the notable increase in the primary industry (fishery products and metal refining). Likewise, it was favored by the growth of the non-primary industry (consumer goods, capital goods and industrial services),” 
RUSSIAN FEDERATION
The suspension has been made for all three types of crab that are subject to certification: red king crab, blue crab, and snow crab (Opilio species). As the association was the only one in the Far East to have been certified for the Opilio species, from now on, no certification for Opilio species from the Far East will be available.
FRANCE
The aim is to promote French fishing in all its aspects. 
SPAIN
Since 2023, when 
SOMALIA
It had been captured in early December by criminals armed with rifles and machine guns
EUROPEAN UNION.jpeg)
The European Commission has set new, more stringent requirements for avoiding listeria contamination in ready-to-eat (RTE) foods.
UNITED STATES
Aquabounty
VIET NAM
Despite challenges, including increased competition from other countries, trade wars and market barriers, Vietnam’s seafood exports are expected to continue to increase and could reach a total value of US$ 11 billion this year – a feat last achieved in 2022, according to the 
Since the start of the year, total catches by Russian users have reached 58.6 thousand tons of aquatic bioresources, an increase of 5.8 thousand tons compared to the same period in 2024..png)
