The section below contains articles from Chinese news and media that focus on trends in relation to seafood imports and exports.

Note: If foreign articles are opened in Google Chrome, they can be automatically translated

📊 Lobster and Abalone market reports available on STAG website

Austrade has provided new market research for rock lobster and abalone exporters. The research, completed by Euromonitor, covers six markets for rock lobster and eight markets for abalone. This market intelligence is supplied to exporters as part of the government’s Agribusiness Expansion Initiative.

Download the reports from the STAG website here. 

🦞 Global lobster price commentary

A Chinese analyst offers views on global lobster prices and trade moving forward:

“Overall, the outlook is more optimistic than last year. With the recovery of consumption in a number of major lobster consumer markets, sales in this industry are recovering and prices are also rising.”

Read the full Chinese post here.

🌍 South Africa plans review of West Coast rock lobster catch

After announcing a nearly 30 percent reduction in South Africa’s total allowable catch (TAC) for West Coast rock lobster in October, the government has now agreed to review the TAC following pushback from fishers. Seafoodsource.com reports on the review decision here.

You can read the South African government’s official announcement here. 

🥘 Taiwan: gourmet lobster and abalone food service

Although no translation is available, this news video from Taiwan reports on the growing popularity of premium seafood hotpot dining. The images alone are enough to get the mouth-watering!

This report on Taipei foodie destination, All in One, gives a good representation of how rock lobster and abalone are presented in a trendy, modern and minimalist seafood venue. The auto-translate is a bit strange, but - once again - the images speak for themselves.

🐟 Bright outlook for seafood demand

A new Stanford University-led research paper published in Nature Communications looks at future supply and demand for so-called ‘blue foods’, aquatic foods captured or cultivated in marine and freshwater systems. The authors predict a near doubling of global fish demand by mid-century, assuming continued growth in aquaculture production and constant real prices for fish.  Read the full paper here.

An article summarising the findings is available here.

Part of the reason for increasing seafood demand is consumer preference for healthy foods. This aspect is underscored in new messaging from the US Food and Drug Agency (FDA) around fish consumption for new and expectant mothers. See the advice on the fda.gov website here.
 

🦀 Alaska crab population crash

Seafoodsource.com reports on a mysterious ‘mortality event’ that has devastated Alaskan snow crab populations. According to researchers, there has been a “99 percent drop in immature females and substantial drops in mature crab compared to three years ago”. Authorities have drastically reduced this year’s crab fishing quota in response. Read the article here.

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