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Aquaculture news

Sea Bass, Sea Bream Industry Needs Demand Growth to Absorb Expected Production Boost

After a year of relief in the form of good prices in 2015, this year the farmed seabass and seabream sector have had to deal with a price decline as supply out of most major producing countries increased in 2016.
Although exporters have been able to develop a range of new markets in North America and the Middle East over the last few years, various factors are negatively affecting demand in important markets such as the UK and the Russian Federation. These factors are limiting the number of markets capable of absorbing further supply growth now on the horizon.