STAG News Bites
The latest seafood news from China and other key global markets for Australian Exporters.
September 8, 2022
STAG News Bites: 🦐 New Zealand lobster to China; 🐟 Kingfish to USA; 🦪 Singapore’s top oyster bars
Some of these articles are in foreign languages and can be automatically translated on Google Chrome.
Note: These articles are a round-up of news media in key seafood markets. The information is provided as part of our market intelligence service to Australian seafood exporters. The views expressed in the media articles are not those of the STAG and are in no way endorsed by us.
Image: Stephen Jaquiery
🦐 New Zealand: Rock lobster to China
The Otago Daily Times reports New Zealand rock lobster sales to China are picking up steam with the end of lockdown in Shanghai.
According to one industry participant, ‘The past three weeks had been particularly good with large quantities of exports at a good price’. Read more here.
Image: The Australian Financial Review
🐟 USA: Kingfish opportunities open (paywall)
A slowdown in Japan’s kingfish production sector has opened opportunities for Australian suppliers in Japan’s largest overseas market - the USA. The Australian Financial Review reports here on the potential for Australian kingfish exporters (paywall).
Image: Seafood Source
📉 USA: Seafood sales slow
Seafoodsource reports USA retail sales of fresh and frozen seafood declined in July, due to inflation and other concerns, while shelf-stable seafood sales increased, reflecting consumers' sensitivity to price. Read more here.
Image: Agricultural Trade Office in Beijing
🦞 China: US government promotes lobster sales
US Government agencies have produced a series of cooking videos and other social media content aimed at enticing Chinese consumers to try US lobster. Read a US government report on the activities here.
Image: Associated Press News
🦠 China: Covid-19 update
Chinese authorities are continuing wide lockdowns. According to this report from AP, ‘Across the country, 33 cities including seven provincial capitals are under full or partial lockdown covering more than 65 million people’.
In Hong Kong, the government has been in discussions about how to re-open the city, as reported by Bloomberg here.
Image: Dragon Tasmania
🌐 Singapore: Traceable Tasmanian rock lobster
According to the company’s press release, ‘Dragon Tasmania is a collaboration between four of the biggest rock lobster companies in Tasmania: JSJ Seafood, The Seafood Gateway, SalCo Wild Legend and Red Rock Lobster.’
Each lobster is iced fresh, then frozen whole, to provide a more reliable, shelf-stable product for restaurants. Laava authentication technology helps guard against food fraud, while bringing consumers information about the product’s unique origin.
Image: Truly Singapore
🦪 Singapore: Top ten oyster bars
Were you in Singapore for the Food and Hospitality Expo? Hopefully you had an opportunity to sample some of the city’s premium seafood dining options - including these exquisite oyster bars. Read more from Truly Singapore here.
The STAG is funded by partners:
The Seafood Trade Advisory Group (STAG) is jointly funded by the Australian government and the fishing industry. We receive funds from the Fisheries Research and Development Corporation (FRDC).which is a statutory authority within the portfolio of the Federal Minister for Agriculture, Water and the Environment.
Any information provided in this STAG publication is general in nature. Before acting on any information provided, you should consider its appropriateness to your individual circumstances and business objectives.
The STAG is managed by:
The STAG is supported by:
