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Jul 27 - Regal Springs Welcomes Laurent Develle as New Head of Corporate Affairs


Jul 7 - China Sees Obvious Increase in Tilapia Prices, But It May Not Last Long


Jul 6 - ANALYSIS: Pangasius Imports Outpace Tilapia


Jun 15 - A Higher Quality Requirement is a Way Out for China’s Tilapia Industry


Jun 8 - Kvarøy Arctic Underwriting 2 Grants For World Central Kitchen’s Food Producer Network


May 14 - Most Shrimp and Tilapia Prices Increase in China During May’s Labor Day


May 7 - ANALYSIS: Tilapia Imports Drop 47%


May 3 - ANALYSIS: Growing Market Share for Tilapia and Pangasius


Apr 19 - PODCAST: Frozen Lobster, Tilapia, Argentine Red Shrimp Market Updates and More


Apr 16 - ANALYSIS: Tilapia Pricing at Record Highs


Feb 19 - Lent 2021: Sluggish Start For Salmon, Tilapia Facing Supply Issues


Feb 12 - ANALYSIS: Aquaculture Review: Tilapia Strengthening Amid Catfish and Pangasius Stagnation


Feb 2 - ANALYSIS: Tilapia Imports Highest in 3 Years, Prices Highest in 6 Years


Feb 1 - PODCAST: Latest COVID News out of Alaska; Lawsuit Against Subway; CA Restaurants Reopening and More


Jan 28 - The Winding Glass: Supply Disruption a Possible Major Problem for Seafood Industry in 2021


Dec 8 - ANALYSIS: Tilapia Imports Highest Since 2016


Nov 24 - LISTEN: Indoor Dining Updates; Salmon at Retail; Coronavirus on Shrimp Packaging and More


Nov 20 - ANALYSIS: Opposing Pressure within the Tilapia Market


Nov 10 - LISTEN: September Shrimp and Lobster Imports; Snow Crab Update and More


Nov 6 - ANALYSIS: Tilapia Imports Reign Over 2019 Across All Categories


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Regal Springs Welcomes Laurent Develle as New Head of Corporate Affairs

Tilapia farming company Regal Springs is welcoming a new head of Corporate Affairs. The company announced this week that Laurent Develle will be stepping in for Peter Hajipieris, the company’s current Executive Vice President of Chief Corporate Affairs and Sustainability Officer. 

Develle is the founder of Develle Insights, where he offers clients services like serving as their interim or longer term outsourced General Counsel/ Compliance Officer/ Corporate Affairs or Sustainability Officer, or serves as their external legal and/or sustainability advisor/lawyer on specific projects...

Full Story »

China Sees Obvious Increase in Tilapia Prices, But It May Not Last Long

In mid-June China’s tilapia price indexes set new high records within the past seven years. The number is 108.03 points for those weighing about 0.6 to 1 jin (1 jin=0.5 kilo) each and 104.19 points for those between 1 to 1.6 jin each. The market was hustling during this period, and many farmers have enjoyed price increase to different extents.

In western Guangdong, for example, processing plants are buying small tilapia at about 3.7 to 3.85 yuan/jin and those larger ones...

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A Higher Quality Requirement is a Way Out for China’s Tilapia Industry

After shifting greater attention to China’s domestic market, Hainan’s tilapia industry has tailored marketing campaigns to lure foodies at home. For example, in 2020 it renamed high-quality tilapias as Hainan sea bream and drafted relevant standards in order to ensure consumers that their qualities are the same as exported ones.

Its efforts seem to have paid off. As statistics show, recent sea bream sales of several leading companies in Hainan have ballooned by about 300% to 500% compared with the same period last year...

Full Story »

Most Shrimp and Tilapia Prices Increase in China During May’s Labor Day

During holiday shopping, most seafood prices increase in the Chinese market. And this Labor Day is no exception for many, which have been widely received among enthusiastic buyers. Shrimp, for example, are one of the stars in the oriental market within this period, and tilapia prices have also increased in most regions. But not all are so lucky, and there are some shrimp and tilapia which have suffered price contraction during this festival.

China’s shrimp market has been hustling during this May Day. According to farmers in the...

Full Story »

ANALYSIS: Growing Market Share for Tilapia and Pangasius

Year-to-date combined imports of tilapia and pangasius frozen fillets are seeing growing volumes year-over-year since 2019. While tilapia imports for this time period contracted since 2020, pangasius volume saw a resurgence after record lows last year.

In looking at monthly volume, the last four months have seen a dramatic uptick in import volume compared to the rest of 2020. As foodservice and restaurants continue to see growing demand within the United States, logistical issues including higher freight, lengthier...

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ANALYSIS: Tilapia Pricing at Record Highs 

Despite the market being frozen-in-place for the majority of 2020, frozen tilapia fillets from China have seen an average increase of $0.61 cents per pound since 2018, or up by $0.21 per pound from November 2020 when reports of increased freight were just starting to circulate. Currently, 3-5 ounce and 5-7 ounce, chem-free fillets are boasting all-time record high pricing at $2.55 per pound and $2.65 per pound, respectively.

While tariffs and freight weigh...

Full Story »

ANALYSIS: Aquaculture Review: Tilapia Strengthening amid Catfish and Pangasius Stagnation

In the current market, tilapia is under upwards pressure, while Chinese catfish and Vietnamese pangasius have remained mostly steady. With all markets experiencing similar logistical obstacles such as rising freight costs, limited to no container availability, and delays from inbound and outbound COVID-19 testing procedures, why is it that tilapia is the only market strengthening at the moment?

Throughout the pandemic the U.S. tilapia market faired extremely well. The country was well supplied with product prior to China shutting...

Full Story »

PODCAST: Latest COVID News out of Alaska; Lawsuit Against Subway; CA Restaurants Reopening and More

Join SeafoodNews Podcast co-hosts Amanda Buckle and Lorin Castiglione as they break down the latest COVID news out of Alaska; the lawsuit against Subway; and the reopening of restaurants in California and New York City. Plus, find out what's going on with the blue swimming crab meat market and tilapia market.

This podcast is brought to you by Urner Barry’s Reporter magazine, which is out now! The latest issue is packed with great stories...

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ANALYSIS: Tilapia Imports Highest Since 2016

Total tilapia imports including fresh and frozen whole fish, and fresh and frozen fillets increased 5 percent collectively from the previous month, and 10.9 percent compared to October 2019. Year-to-date imports reign 16.4 percent above 2019, bringing in 367.8 million pounds of tilapia into the country, a volume not seen since 2016 brought in 369.2 million pounds for the same timeframe...

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ANALYSIS: Opposing Pressure within the Tilapia Market

The market for tilapia frozen fillets from China has, for the most part, faired extremely well despite new obstacles to overcome in the uncharted territory of navigating through a pandemic this year. Largely due to its value and availability, retail sales skyrocketed as demand has remained moderate to active. As 2020 comes to a close however, there are a few factors putting opposing pressure on the market, creating some uncertainty looking ahead into 2021.

Upwards pressure on the market points to the swift rise of ocean freight...

Full Story »

ANALYSIS: Tilapia Imports Reign Over 2019 Across All Categories

While many species are seeing lower imports in 2020 due to implications stemming from the novel coronavirus, tilapia is not one of them. Fresh fillets and whole fish and frozen fillets and whole fish are all reporting January through September year-to-date volumes higher than the same 2019 time period.

Fresh fillets, running flat to the previous month has brought in 37.6 million pounds with a value of $10.6 million. Colombia and Honduras are the largest suppliers of fresh fillets...

Full Story »

ANALYSIS: Pangasius Imports Outpace Tilapia

In another turn of events originating from the complications set in place into the market by COVID-19, pangasius imports are currently outpacing that of tilapia. Historically, tilapia frozen fillet volume exceeds that of pangasius by just under 100 million pounds on a yearly basis, however, in looking at how volumes are tracking thus far on a year-to-date basis for 2021, pangasius frozen fillets are outpacing tilapia by over 20 million pounds from January through May.

Even with tilapia frozen fillets majorly coming from China...

Full Story »

Kvarøy Arctic Underwriting 2 Grants For World Central Kitchen’s Food Producer Network

It’s all about giving back. 

Kvarøy Arctic announced on Tuesday that they’re expanding their charitable giving and support of a more diversified, equitable, and climate-change resilient food system through World Central Kitchen’s (WCK) Food Producer Network. The Norwegian Atlantic salmon farmer said they will be underwriting two separate grants in the program,which will provide essential support for aquaculture projects Coral Vita in The Bahamas, and Tilapia de la Faja in Guatemala.

“We believe in the importance of supporting a diverse array of...

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ANALYSIS: Tilapia Imports Drop 47%

Imports of frozen tilapia fillets fell from the previous month, as seasonally expected due to interruptions from the Chinese New Year holiday, by 47 percent. March 2021 recorded 10.6 million pounds of volume with an approximate value of 19.1 million dollars. Despite recording higher volume than the same month a year ago when the pandemic was just shutting down the U.S., prior to that, 2021 was the lowest March on record since 2008.

On a year-to-date basis, 2021 has imported 54.7 million pounds...

Full Story »

PODCAST: Frozen Lobster, Tilapia, Argentine Red Shrimp Market Updates and More

Join SeafoodNews Podcast co-hosts Amanda Buckle and Lorin Castiglione as they talk about the frozen lobster product market; the tilapia market; the Argentine red shrimp market; and much more.

This episode is brought to you by Urner Barry Insights, available on the Comtell Platform. If you’re in the food business, you’re probably wondering about future-proofing the supply chain. Given what we’ve seen over the last year — and what we’re still contending with — the task of managing supply chains has become more challenging than ever...

Full Story »

Lent 2021: Sluggish Start For Salmon, Tilapia Facing Supply Issues

Seafood is historically a popular item during Lent, but for the fresh farmed salmon complex, the start of Lent was a sluggish one. With severe weather greatly impacting demand throughout most of the country, both Valentine’s Day and Ash Wednesday were not reported to be as busy as the market has seen in years past.  

Although at the end of this week the Canadian whole fish market is reporting some glimmers of hope in regard to improving demand, the Chilean fillet market adjusted lower throughout the week...

Full Story »

ANALYSIS: Tilapia Imports Highest in 3 Years, Prices Highest in 6 Years

Imports of frozen tilapia fillets took a dive into November, falling 31.7 percent for a total monthly volume of 14.3 million pounds. The previous 3-year average for the month of November is 22.8 million pounds, November 2020 falling well below average, down 37 percent.

On a year-to-date basis, however, January through November import volumes are 12.5 percent higher than the previous year, totaling 236.3 million pounds. This is the highest year-to-date total since...

Full Story »

The Winding Glass:  Supply Disruption a Possible Major Problem for Seafood Industry in 2021

Despite the pandemic and the uncontrolled COVID outbreak in the U.S., 2020 was a banner year for the seafood industry. The spectacular growth in retail seafood sales compensated for the dramatic loss of foodservice opportunities. According to data presented at NFI’s Global Seafood Marketing Conference, overall seafood sales to retail and foodservice combined grew around 7% last year.

This strength is continuing into 2021. Early indications from retailers suggest that the strength of seafood sales is continuing after the holidays. Many are reporting strong...

Full Story »

LISTEN: Indoor Dining Updates; Salmon at Retail; Coronavirus on Shrimp Packaging and More

Join SeafoodNews Podcast co-hosts Amanda Buckle and Lorin Castiglione as they talk about indoor dining restrictions; salmon at retail; the latest on tilapia and coronavirus found on shrimp packaging in China.

This episode of the SeafoodNews Weekly Video is brought to you by Urner Barry's Reporter. The Winter Issue will be getting sent out this December, but there is still time to advertise! Call 732-240-5330 or email advertise@urnerbarry.com to learn more.

Full Story »

LISTEN: September Shrimp and Lobster Imports; Snow Crab Update and More

Join SeafoodNews Podcast co-hosts Amanda Buckle and Lorin Castiglione as they talk about September shrimp and lobster imports. Plus, the latest news on the tilapia and snow crab markets.

This week's episode is brought to you by Urner Barry's COMTELL. Urner Barry continues to build upon the value COMTELL offers customers with new features and improvements consistently being added to the platform. We are excited to announce three new widgets for the COMTELL dashboard, designed to increase efficiency and expand on the amount of information available...

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