International Aquafeed Directory 2023-24

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8 FAO GLOBAL FISH ECONOMY FAO Figure 4. Ecuador shrimp exports Figure 5.Peruvian fishmeal and fish oil prices Source: EuroStat Pervian FOB Source: Oil World prices have levelled off at around USD 1 700 per tonne. Trade in semi-processed tuna that has been pre-cooked, cleaned, vacuum packed and then frozen for use in the canning industry makes up an increasingly significant proportion of trade. European countries were the first important markets for these products, but processors in Asia are beginning to import more. China, Indonesia and Viet Nam are the major suppliers, having established significant processing industries to supply this demand. Despite rising prices, premium formats, such as tuna for sashimi, remain in high demand. While continued COVID-19 restrictions in Japan, the main market, limited consumption through mid-2022, growing European and US demand have made up for the deficit. SMALL PELAGICS Quotas for capelin, Atlantic mackerel and Atlantic herring have been cut for 2023, pushing prices up. Despite these reductions, quotas set on the catches of northeast Atlantic mackerel still exceed the levels recommended by the International Council for the Exploration of the Sea by 350 000 tonnes, or 30 percent. The outlook for the 2023 anchovy fishery indicates continued low catches. An ongoing stock assessment will largely determine quotas and supply potential for the remainder of the year. Horse mackerel is expected to see a slight growth in catches due to the broader presence of cold water in the coastal zone of south-central Chile. Meanwhile, total capelin landings are projected to reach around 350 000 tonnes, with the majority being utilised for reduction into fishmeal and fish oil. Iceland has raised its quota considerably, which may affect capelin roe prices. However, higher blue whiting landings may compete with capelin and herring as raw materials for fishmeal and fish oil. FISHMEAL AND FISH OIL 2022 was one of the poorest seasons in recent years for anchoveta landings. Peru, the primary global source of fishmeal and fish oil, saw catches decline by 20 percent. A larger than usual proportion of juvenile fish in those catches also limited oil yields, leading to an acutely tight supply situation for fish oil. An expected El Ninõ weather event later in 2023 is likely to further limit supplies from Latin American producers, particularly Peru and Chile. The shortfalls in Peruvian supply have been somewhat offset by increased catches in secondary producers, particularly Greenland, however the importance of the anchoveta for global supplies means that there is still a dearth in the market. In addition, rising demand in the summer months will lead to firm prices. Fish oil prices have climbed rapidly since late 2021 and are expected to continue in 2023. High prices and limited supplies have led to significant changes in feed formulation and have encouraged the further development and integration of novel ingredients, such as algal oil and biodiesel co-products. SHRIMP Low prices are expected to limit growth in farmed shrimp production in 2023. Ecuador and Viet Nam saw doubledigit growth in harvest volumes in 2022, with Ecuador exceeding 1 million tonnes of vannamei production. While there is healthy demand in the major markets of the United States, China and the European Union, the rapid increase in production seen in 2022 has led to oversupply in the world market. These ample supplies have caused prices to decline, which, in tandem with increased feed costs, poses a significant challenge for farmers and the long-term profitability of the sector. In the first quarter of 2023, shrimp imports in traditional large markets such as the United States, the European Union and Japan were lower than the previous year but increased in China. This trend in decreased imports is largely expected to continue, which, given the low level of Chinese export prices, makes a price recovery in the international market unlikely. INTERNATIONAL AQUAFEED DIRECTORY 2023/24
9 FAO GLOBAL FISH ECONOMY FAO LOBSTER The overall situation in 2023 indicates limited supplies, with rising demand from China and the United States causing prices to strengthen. The EU-US Agreement on Lobster Tariffs, which eliminated tariffs on American- caught lobsters exported to the European Union, has not increased export volumes. Instead, American exporters have continued to target the Chinese market, while Canadian exporters are now reaping the benefits of increased demand in Europe. The popularity of spiny warm water lobster is on the rise in North America, now accounting for 22 percent of US lobster consumption. At the same time, catches are expected to continue to decline, having already fallen by approximately 4 000 tonnes since 2021. CRAB The total global snow crab quota for 2023 has been set at 160 000 tonnes, the highest since 2012. Canada, the Russian Federation and Norway have all increased their quotas, while the Alaskan snow crab fishery closed early in response to a sudden drop in stocks. There are also large inventories left over from the 2022 harvest. Demand has been low over the past 12 months, reeling in prices considerably and leading to disputes between fishers and processors. Figure 6. US king crab prices The market for Dungeness crab is tight, with the Oregon season delayed by excessive levels of domoic acid. The season started in February but may close again if excessive levels of the biotoxin are detected. The Californian season closed earlier than anticipated, following a number of entanglement cases of humpback whales. Interestingly, prices have maintained a low level, reflecting weak consumer demand. The Russian Federation, previously a major exporter of king crab and snow crab to the United States and Canada, has had to redirect its exports. Much of the excess supply has found its way to Asia, particularly China, the Republic of Korea and Japan. BIVALVES Demand for bivalves was relatively subdued throughout 2022, with higher prices prevailing. Supply was also limited, experiencing a decline compared to previous years due to various challenges, including adverse weather in producer regions and increased production costs. These factors are expected to continue into 2023, keeping supplies limited. The mussel trade experienced a significant reduction last year, primarily due to a sharp decrease in trade with the Russian Federation. Exports from Chile, in particular, were heavily affected by this trade disruption. Spain, the largest market and producer of mussels in the European Union, was impacted by the reduced trade but remained the main exporter. France and Italy, the second and third largest producers, also faced challenges. In contrast, the oyster trade expanded during the same period, driven by strong demand in the US market. France remained the leading exporter of oysters, and its trade volume increased compared to 2021. However, oyster production in the Thau region of France faced difficulties due to the high mortalities caused by exceptionally warm weather. CEPHALOPODS Sustained growth in the demand for octopus has depleted several stocks, resulting in continued limited supplies. Trade volumes have declined further in 2023, while prices have strengthened greatly. The availability of octopus is expected to remain limited, and further price increases are expected. Squid catches were lower than usual in early 2023. The Argentine squid season is off to a disappointing start, with the 65 000 tonnes of illex squid (Illex argentinus) landed within the first three months of the year being considerably below the same period in previous years. The world market is expected to tighten due to limited supplies from other regions, and prices will rise as a consequence. Trade is expected to drop in 2023. China will maintain its position as the largest importer and exporter, despite a decline in its share of trade. Claw and sections, red, EXW New York. Source: INFOFISH Trade News n Reprinted by kind permission of the Products, Trade and Marketing Branch under the Policy and Resources Division of the FAO Fisheries and Aquaculture Department, the Food and Agriculture Organization of the United Nations. The full version, including the ‘Fish and Fishery Products Section’ can be found at FAO. 2023. Food Outlook – Biannual Report on Global Food Markets: June 2023. Food Outlook, 06. Rome, Italy. https://www.fao.org /3/cc3020en/cc3020en.pdf Further fisheries commodity analysis can be found in the GLOBEFISH Highlights - http://www.fao.org/in-action/globefish/en/ INTERNATIONAL AQUAFEED DIRECTORY 2023/24
Page 1 and 2: DIRECTORY & BUYERS’ GUIDE 2023/24
Page 3 and 4: 1 CONTENTS CONTENTS CONTENTS WELCOM
Page 5 and 6: 3 PRODUCT INDEX PRODUCT INDEX PRODU
Page 7 and 8: 5 FAO GLOBAL FISH ECONOMY FAO Fish
Page 9: 7 FAO GLOBAL FISH ECONOMY FAO where
Page 13 and 14: 11 FAO GLOBAL FISH ECONOMY FAO Appe
Page 15 and 16: Join the fish revolution Phileo’s
Page 17 and 18: 15 AQUACULTURE ASC AQUACULTURE Digi
Page 19 and 20: 17 AQUACULTURE ASC AQUACULTURE ASC
Page 21 and 22: 19 AQUACULTURE ASC AQUACULTURE Over
Page 23 and 24: 21 COMPANY PROFILE OTTEVANGER COMPA
Page 25 and 26: 23 COMPANY PROFILE EXTRU-TECH COMPA
Page 27 and 28: 25 COMPANY PROFILE DR ECKEL COMPANY
Page 29 and 30: 27 INTERNATIONAL AQUAFEED DIRECTORY
Page 31 and 32: Complete solutions from a single so
Page 33 and 34: From 0.5 to 30 mm. extrusion | expe
Page 35 and 36: FEED & BIOFUEL INCREASED CAPACITY F
Page 37 and 38: 35 PRODUCT GUIDE PRODUCT GUIDE PROD
Page 43 and 44: COMPLETE, TAILORED FEED BLOCK DIETS
Page 45 and 46: 43 Immunity, thanks to Algae Optimi
Page 53 and 54: Supporting growth with sustainable
Page 55 and 56: Square silo experts Since 1988 Need
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59 PRODUCT GUIDE PRODUCT GUIDE PROD
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THE WORLD OF AQUACULTURE Real FIAPu
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76 COMPANY INDEX A-Z COMPANY INDEX
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EXPERT PRODUCERS OF PREMIUM QUALITY
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89 COMPANY A-Z INDEX Silo Clean Int
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always inspiring more … always in
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93 TRADE NAMES TRADE NAMES TRADE NA
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95 DIARY OF EVENTS DIARY OF EVENTS
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Proud supporter of Frontiers UK CIO
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International Aquafeed Directory 2023-24

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