Image: Revista Puerto

Argentine exports USD 104 M in January

Sales in the first month of 2023 have been slightly lower than in 2022, but also the price of shrimp continues to drop, a trend that began in July of last year. This is how the economic report prepared by CAPECA reports it.

Photo: Revista Puerto

According to the Argentine Chamber of Fishing and Freezer Shipowners (CAPECA), total exports in January 2023 were 17,997 tons and $104,125,000. This same entity in January 2022 had registered 16,641 tons sold for $110,256,000, which implies an 8% increase in volume sold but a 5% drop in foreign currency income. In other words, we have not only collected less, but we have done so by selling a greater volume of raw material.

Photo: Revista Puerto-->

Only the hake fillet and king crab have improved both in volume of sales and in price, contributing a positive sign to exports. However, in the case of shrimp the situation is the opposite; In the case of colas, the volume of sales increased, but the price fell and for the whole, everything has been low. In the case of squid, which has just made its first sales, these have been positive in volume, but the price fell quite significantly. Asia was the main destination for fish exports and Europe in second place, representing between the two continents more than 50% of total sales.

In the analysis by product carried out by the chamber, it is observed that the common hake fillet improved exports by 36% in volume and 40% in sales value thanks to an average price increase of 3.5% compared to the same period last year. Sales to Brazil grew 17% and it was sold at a 3% higher price; Spain demanded 140% more than in 2022 but of course, it must be said that last year they had required just 267 tons and in terms of price it is one of the lowest on the market, it is even below the average price.

The most worrying photo, as has been the case for several months, is given by the whole shrimp. Sales fell 25% and collection 35% because the price continues to fall, 13% compared to the values at the beginning of last year. A total of 2,691 tons were exported.

Spain, which in January 2022 had bought 2,364 tons, this year only 325, representing a drop of 86% and revenue has fallen even lower given that the price also fell by 9%. France, Greece, Japan and Ukraine have not directly demanded the product. The average price is at $5,291, confirming a downward trend that began in July of last year and has not yet found its floor.

Photo: Revista Puerto-->

Better situation occurs with shrimp tails, which increased the volume of sales by 22%; but the price fell by almost 4%, so the collection did not increase in the same proportion. The average price in January was located at 7,593 dollars when in the same month last year it had started at 7,877 dollars. The main sales market was Spain, showing some signs of recovery for this product; It was followed by Thailand, which last year had also required half the tons, and China, which had been the largest, remained relatively stable, as was Peru. In total, 6,228 tons have been sold and 50% were destined for the Asian continent.

The squid season begins to give its first exports. Sales are good, but despite the fact that the catches have not been as expected, the price has not been maintained; on the contrary, it fell by 15.5%. 42% more in volume was exported, but foreign currency income increased only 20% as a consequence of the aforementioned price drop. The sales volume so far is 898 tons. The only destination country identified by official statistics is China, although it represents a third of what is exported.

With limited sales volumes, king crab is one of the few products showing positive signs: 168 tons were exported at a value of $21,021 per ton, 2% of the average price of last year. These figures represent a 30% increase in demand and its consequent increase in collection due to the price increase. The only target market was the United States.

[email protected]
www.seafood.media

Address:	Adolfo Alsina 292 Piso 7º oficina A –
City:	C.A.B.A.
State/ZIP:	Capital Federal (C1087AAB)
Country:	Argentina
Phone:	+54 11 5218-8870
Fax:	+54 11 1325 5275
E-Mail:	[email protected]
Skype:	https://www.instagram.com/capecaok/
More about:

Print