Posted on 07 Nov 16 19:16 pm | Written by TradeArabia News Service

The UAE’s seafood demand is set for rapid growth over the next four years, with an eight per cent compound annual growth rate (CAGR) in fish and fish product sales in the UAE alone leading up to 2020. The report cites growth across all three sub-sectors of consumable seafood: fish, shellfish and preserved fish, and other preserved or processed fish and seafood, at annual average rates of 8.2 per cent, 7.9 per cent and 6.3 per cent, respectively, by 2020.

Posted on 08 Jul 16 11:59 am | Written by GLOBEFISH (www.fao.org)

With a 3.2% rise in imports destined for local consumption, the USA was the largest market for imported shrimp in 2015. Lower shrimp prices helped producing countries increase exports beyond only traditional markets. Indeed, Ecuador, India and others exported large quantities of shrimp to Viet Nam and China as well as to other markets in Asia and the Middle East.