Economics

Global shrimp production is forecast to reach 5.7 million tonnes this year and 6.1 million next – up from 5.4 million in 2023 – according to Erwin Termaat, shrimp analyst at Kontali.

The global salmon sector has been experiencing one of the most challenging periods for many years, with production issues in Norway and Chile being particularly acute.

As BioMara kicks off its bid to raise £2 million to fund its processing scale-up to deliver orders for customers, Jay Dignan details how the Scottish startup aims to catalyse the growth of the country’s seaweed sector – right along the value chain.

While there are still a number of challenges to overcome, a number of innovators in the Philippines believe that cultivating Ulva has long term potential at a time when diversification of the country’s seaweed sector would be welcomed.

A range of non-native fish species, including Midas cichlids, are now firmly established in the Philippines, but some enterprising farmers are beginning to capitalise on these invaders.

Despite its lack of coastline, shrimp production has proved lucrative for a small but significant number of farmers in Punjab for nearly a decade, but many of them are now facing an uphill struggle.

With nearly 30 countries and 10 especially popular shrimp species, a look at the European shrimp market provides a fascinating insight into cultural and culinary differences across the continent.

Black tiger shrimp are experiencing something of a renaissance, especially in India and China, but experts such as Kontali analyst Ida Skancke, and leading Indian shrimp farmer Dr Manoj Sharma note that producers would be foolish to write off vannamei.

Crawfish farming is one of the most lucrative and sustainable forms of aquaculture in the US, but recent droughts in its southern heartlands are putting livelihoods at risk.

Access to quality data analysis has proved a huge help to a range of players across the salmon industry but, given the volatile and fragmentary nature of the shrimp sector, forecasting shrimp harvests has always been seen as being notoriously difficult.