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IN BRIEF - South Korea's Frozen Mackerel Imports Surge in January

SOUTH KOREA
Monday, February 10, 2025

South Korea's frozen mackerel imports reached 12,082 metric tons in January 2025, a 25% increase compared to the same period in 2024 (9,693 metric tons).  This volume represents 16% of total seafood imports (75,350 metric tons).

Norway supplied the vast majority (96%, or 11,610 metric tons) of imported frozen mackerel, with China contributing 4% (449 metric tons) and the Netherlands less than 1% (23 metric tons).  The average import price per kilogram was USD 2.74 for Norwegian mackerel and USD 1.98 for Chinese mackerel

Click on the table to enlarge it

The total import value reached USD 32.67 million, a substantial 53% increase from USD 21.30 million in January 2024.  The average import price per kilogram also rose by 23% year-on-year, from USD 2.20 to USD 2.70. This surge in both volume and value is attributed to increased domestic demand and international market price fluctuations.

For context, current domestic wholesale prices in South Korea for frozen Norwegian mackerel are approximately KRW 99,000 per 20kg for the 400/600 size range and KRW 98,000 per 20kg for the 300/500 size range.

Source: Union Forsea Corp.


IN BRIEF - Argentine Shrimp Exports Increased in the First Quarter

ARGENTINA
Friday, May 29, 2026

Argentina's shrimp fishing sector consolidated a strong recovery in the first quarter of 2026.

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Sales of whole shrimp reached 13,000 tons, an impressive 75.9% increase compared to 2025. This surge generated $79 million in revenue (a 110% increase relative to the January–April period of last year), a rebound largely explained by the fleet's inactivity in 2025. Additionally, the average price rose 19.4%, trading at $6,072 per ton. Spain remained the primary destination, skyrocketing its purchases by 138% with shipments totaling 8,602 tons.

Meanwhile, exports of shrimp tails showed more moderate growth. The exported volume increased by 4%, totaling 28,000 tons, which injected $215.7 million into the economy (an 8.9% increase over the previous year). The declared average price for this value-added product closed upward by 4.6%, reaching $7,699 per ton.


IN BRIEF - United States Drastically Increases Imports of Patagonian Toothfish and Southern King Crab from Argentina

UNITED STATES
Friday, May 29, 2026

Fisheries trade between Argentina and the United States recorded exponential growth during the first four months of 2026. Foreign sales of these premium deep-sea products reached record figures, driven by unprecedented North American demand.

Click on the image to enlarge it

According to the latest industry reports, global exports of Patagonian toothfish totaled 1,056 tons, representing a 28% increase compared to the same period last year. Meanwhile, shipments of Southern king king crab totaled 659 tons, marking a 31.1% rise compared to 2025.

The main driver of this phenomenon was the United States. The North American giant purchased 600 tons of Patagonian toothfish, a staggering 262% increase over last year, paying an average price of $30,343 per ton. Regarding Southern king crab, U.S. purchases skyrocketed to 360 tons, a 357% surge compared to 2025, with an average value of $19,475 per ton, consolidating this market as a key partner for the Argentine fishing sector.


IN BRIEF - China’s Industrial Feed Production Hits 28.89 Million Tons in April 2026

CHINA
Friday, May 29, 2026

The China Feed Industry Association released its national feed production report on its official WeChat account on May 27, 2026. The data reveals that in April 2026, China’s national industrial feed output reached 28.89 million tons. This represents a 2.8% decrease month-on-month, but a 2.4% increase year-on-year.

Product performance varied by sector:

  • Compound feed grew by 3.2% year-on-year.

  • Concentrated feed dropped by 16.3% year-on-year.

  • Additive premixed feed dipped by 1.6% year-on-year.

Market pricing saw mixed trends. Ex-factory prices for major compound feeds and additive premixed feeds climbed both year-on-year and month-on-month. Conversely, concentrated feed prices fell across both metrics.

Ingredient formulations also shifted. Corn made up


IN BRIEF - Frozen Skipjack Tuna Inventory Trends (Published by MAFF)

JAPAN
Friday, May 29, 2026


IN BRIEF - EU Approves €13 Million to Shield French Fishing Fleet from Red-Hot Fuel Prices

FRANCE
Thursday, May 28, 2026

The European Commission has greenlit a €13 million French state aid package to rescue fishing operations hit hard by skyrocketing fuel costs tied to the unfolding crisis in the Middle East.

This marks the very first support package approved under the brand-new Middle East Crisis Temporary State Aid Framework (METSAF), which the Commission adopted on 29 April 2026.

The emergency measure responds to a brutal 75% surge in marine fuel costs between late February and April 2026. To stabilize the sector and protect regional food security, the French government will issue direct cash grants through 31 December 2026, retroactively covering fuel purchases from April and May 2026.

Impacted businesses will receive payouts calculated directly from their fuel consumption:

  • €0.20 per litre purchased between 1 and 30 April 2026.

  • €0.35 per litre purchased between 1 and 31 May 2026.

The Commission validated the aid under Article 107(3)(c) of the TFEU, concluding the plan is entirely necessary, balanced, and fair without distorting the EU market.


IN BRIEF - Ireland’s Aquatech Ambitions Step Forward at Galway Innovation Studio

REPUBLIC OF IRELAND
Thursday, May 28, 2026

GALWAY — Eight of Ireland’s most promising aquatech companies gathered today for the three-day 2026 BIM AquaScale Innovation Studio+, an intensive business growth programme designed to accelerate international expansion.

Hosted by Bord Iascaigh Mhara (BIM) in partnership with Hatch Blue, the event highlights a booming domestic sector that now comprises more than 90 companies, employs over 1,000 people, and generates an estimated €182 million in turnover—marking an 85% increase over the past decade.

Among the participants is pioneering biotech firm Auranta, led by co-founder John Cullen, which is targeting global leadership in natural animal health. Meanwhile, Kenbro Boats, founded by Aidan Kennedy, aims to leverage the event to export its fully recyclable HDPE vessels to major salmon farming regions like Scotland and Norway.

Damien Toner, BIM Aquatech Business Manager, and Richard Donnelly, Interim CEO of BIM, emphasized that Ireland is entering a pivotal stage to become a global centre of excellence for sustainable seafood production, positioning its home-grown talent for vital foreign investment.


Other Media | La Voz de Galicia: Anfaco Fears a Flood of Canned Tuna from Mexico with the Modernized Free Trade Agreement with the EU

SPAIN
Thursday, May 28, 2026

It demands to know the criteria used to remove the sensitive product designation for tuna, given that Mexico is a major tuna producer, even though its sector is now focused on the US market.
 
The canning industry association Anfaco-Cytma warns that the modernized agreement between the EU and Mexico carries a potential threat to the EU sector, as it foresees the "full opening of the EU market starting in the seventh year," which could disrupt the competitive balance of a sector that is strategic for the EU.
 
Source: La Voz de Galicia | Read the full article here

Other Media | Fish Focus: Automated processing in onshore factories on the rise

DENMARK
Thursday, May 28, 2026

As margins tighten, quotas change, and labour grows scarce, more seafood processors are turning to onshore automation to stabilise output and protect quality.

Optimising existing production facilities is an important part of staying competitive in the market and improving production capacity. Onshore automation is about reliable flow, fewer touches, and clean design that works every day.In recent years, Carsoe, a trusted partner in onboard seafood processing, has supplied several onshore processing solutions for both fish and shellfish focused on automating processes.

Source: Fish Focus | Read the full article here


Other Media | SalmonBusiness: Andfjord Salmon: survival rates remain above 99% ahead of first revenues

NORWAY
Thursday, May 28, 2026

Andfjord Salmon reported a Q1 operating loss of NOK 25 million (€2.33 million) as the land-based salmon farmer remained without harvest revenues ahead of its first commercial post-smolt sale next month.

The company generated operating income of NOK 0.1 million during the quarter, while net loss widened to NOK 23.9 million (€2.22 million) from NOK 18 million a year earlier.Andfjord said the first post-smolt delivery under its partnership with Eidsfjord Sjøfarm is scheduled for mid-June, ahead of schedule due to stronger-than-expected growth in pool K1 at its Kvalnes facility on Andøya.

Source: SalmonBusiness | Read the full article here


Other Media | Fish Farmer: Scotland's mussel production breaks records

UNITED KINGDOM
Thursday, May 28, 2026

Scottish shellfish farms produced more than 12,000 tonnes of mussels in 2025, the highest level of output recorded for the country.

The figures come from the Scottish Shellfish Farm Production Survey 2025, compiled by the Scottish Government based on returns from authorised shellfish farming businesses.

The survey shows that 12,303 tonnes of mussels were produced last year. The first sale value for farmed Scottish shellfish in total was estimated at £15.1 million, representing an 8% increase compared with 2024.

Author: Robert Outram / Fish Farmer | Read the full article here


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Argentina
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IN BRIEF - Argentine Shrimp Exports Increased in the First Quarter
United States
May 29, 00:10 (GMT + 9):
IN BRIEF - United States Drastically Increases Imports of Patagonian Toothfish and Southern King Crab from Argentina
China
May 29, 00:10 (GMT + 9):
Chinese Shrimp Exports Experience Unprecedented Spring Surge and Crush Previous Records
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China
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IN BRIEF - China’s Industrial Feed Production Hits 28.89 Million Tons in April 2026
Japan
May 29, 00:00 (GMT + 9):
IN BRIEF - Frozen Skipjack Tuna Inventory Trends (Published by MAFF)
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IN BRIEF - EU Approves €13 Million to Shield French Fishing Fleet from Red-Hot Fuel Prices
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IN BRIEF - Ireland’s Aquatech Ambitions Step Forward at Galway Innovation Studio
Spain
May 28, 00:10 (GMT + 9):
Modernized EU-Mexico Agreement Sparks Alarm in European Canning Sector Over Future Total Liberalization of Tuna Market
Norway
May 28, 00:10 (GMT + 9):
Skretting Slashes Emissions and Powers 25 Million Seafood Meals Daily in Sustainability Surge
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