The latest version of the AIPCE-CEP FinFish Study, highlighting the activity of the European processing industry and its reliance on imported raw materials, has been made public.
Despite important changes made on the study during the last years, it consistently reflects the fact that the processing industry is reliant on stable supply of raw materials from a wide range of fish and seafood species.
This report shows the recent trends in supplies of many whitefish/finfish species, tuna, herring, mackerel, surimi, and some freshwater fish species and, for the first time, data for shrimps and cephalopods. Some of the key findings of this year are:
- Total market supply has stayed static at 14.7 million tonnes
- Imported share has grown to 9.548 million tonnes and equals 65%
- Whitefish import dependency has stayed level at 89 % for wild capture and >91 % including aquaculture products
- EU catches estimated to have reduced to 4.821 million tonnes (inc. nonfood use)
- Exports have moved down by 13.7% to 1.870 million tonnes
- Cod is the number one whitefish species moving above 1 million tonnes
- Alaska pollock back to number two with growth of 18%
- Global quota trends are positive
The findings confirm that imports are the backbone of the EU processing industry.
To read the full report, please click here.
