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INFOFISH TRADE NEWS SUBSCRIBERS
1/07/2009ITN 12-2009
16/06/2009EPR 06-2009
15/06/2009ITN 11-2009
01/06/2009ITN 10-2009
22/05/2009EPR 05-2009
News Highlights

INFOFISH MARKET UPDATE

RECORD HIGH FISHERY TRADE FOR CHINA IN 2008

China ’s  combined foreign fishery trade reached US$ 15.24 billion in 2008 .  With a 9.15% increase in the export value compared to 2007, the country  exported US$ 10.11 billion worth of fish and seafood in 2008, consisting 99.95% edible products.Although the export volume fell by 12% from 2.95 million MT in 2007 to 2.83 million MT in 2008, it was augmented by higher revenue from the exports of prepared fishery products which were nearly 37% in quantity and 49% in value of the total fishery exports in 2008.

Import trend for domestic consumption was comparatively slow last year. Seafood consumption during the Chinese New Year (January-February 2008) celebration was seriously affected by the severe cold weather condition during that time. The economic slowdown and increasing urban unemployment have also influenced the market negatively for imported fishery products; many have turned to the cheaper locally

produced fish. Nonetheless , fishery imports also increased last year into China with a total import volume of 3.71 million MT valued at US$ 5.12 billion as reported by the China Customs. Imports of fish meal bounced back to a record level of 1.35 million MT, supplies of food fish increased marginally (+1.7%) from 2.34 million MT in 2007 to 2.369 million MT last year.

CHINA  STRENGTHENS FOOD SAFETY CONTROL

China’s legislature has approved the Food Safety Law, providing a legal framework for the government to strengthen food safety control measures from the production line to the dining table.

In a report by Xinhau, the National People’s Congress (NPC) Standing Committee gave the green light to the draft law, which goes into effect on June 1, 2009. The law states that the state council shall set up a food safety commission to oversee the entire food monitoring system. These would include risk evaluation, the making and implementation of safety standards, and the monitoring of the food production and circulation sectors.

The law stipulates for a ban on all chemicals and materials, other than authorised additives in food production. Health authorities are responsible for assessing and approving food additives and regulating their usage. Food producers must only use food additives approved by the authorities, or face penalty of closure or revocation of production licenses in serious cases, according to the law.

Producers of edible farm products are required to abide by food safety standards when using pesticide, fertilizers, growth regulators, veterinary drugs, feedstuff and feed additives. They must also keep farming or breeding records.

US  EDIBLE  FISHERY IMPORTS DECLINING IN 2008

The US Department of Commerce reported a 0.4% decline in imports of food fish and fishery products in 2008; which means a 54 607 MT lower imports compared to 2007. This will show a negative trend on the 2008 US per capita consumption of fish and seafood, as more than 80% of the country’s food fish supply comes from imported sources. 

The import value, on the converse, increased by US$ 474 million due to the weaker US dollar against the currencies in the supplying countries. Following a worldwide price hike for tuna in 2008, importers also paid more for tuna products which is the second most popular seafood in the USA, after shrimp.

Last year the US market imported 2.37 million MT of edible fishery products at a Customs declared value of US$ 14.2 billion. The top six suppliers in value were Canada, China, Thailand, Chile, Indonesia and Vietnam. Although third


Highlights of Infofish International 03/2009 May/ June

- Integrated techno savvy farm aims to boost Malaysian tilapia production
- Malaysia :  Trend of tilapia production from aquaculture (2000 – 2007).
- Traceability through DNA technology
- Advances in mud crab hatchery and nursery
- Malaysia : Seminar on Organic Aquaculture
- Crab symposium
- Aqualine wins two big contracts
- New turnkey contract for AKVA group
- WWF seeks private investors for Aquaculture Stewardship Council
- Manu more hurdles for open-ocean farms
- Tuna breeding at Clean Seas
- Opposition to WWF’s decision to form Aquaculture Stewardship - Council
- Cooperation in the supply chain
- Australis sells US, Vietnam operations



USD 30

Integrated techno savvy farm aims t boost Malaysian tilapia production

A Norwegian company has invested heavily in an integrated "plantation style" tilapia farming operation in Malaysia, aiming to be a leading producer of high quality, safe sustainable and traceable tilapia. DNA technology will ensure traceability of each fish.

Advances in mud crab hatchery and nursery

The development of seed production technology for mud crab has raised hopes for commercial farming of species. A number of pilot commercial hatcheries and nurseries have been setup. The author provides further details...

Practical Traceability of fish in Southeast Asia

World markets are demanding that imported fish must be traceable to its source. Regulators, retailers and consumers have all been the driving force behind the quest for safe ad sustainable food; Traceability plays a very important role in fulfilling this requirement

Sri Lanka- proactive fish inspection system boosts exports

Since a decade ago, Sri Lanka has put in place a regulatory framework to ensure that its fish exports comply with international standards of quality and food safety. The competent authority is department of fisheries and Aquatic resources which works with other agencies in supervision, monitoring and inspection of fish production facilities

JAPAN: The world’s largest sashimi tuna market moves towards more economical varieties- sashimi tuna consumption slows down

During the last Bonenkai or year-end celebration in Japan, the sashimi tuna market was disappointingly less vibrant compared to the other years. The annual bonus received by many Japanese was also not able to encourage consumer spending on their preferred sashimi tuna- a high end ….

Venezuela : a new institutional and legal framework for fisheries and aquaculture

Last year, Venezuela passed a new fisheries regulation which aims to enhance changes begun earlier by focusing on state strengthening, centralized planning, and increased people participation, special consideration to small scale fishermen, and shared responsibilities and environmental protection. ..

More Highlights ....

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