A first release on Argentina's fisheries exports for 2021, shows an improvement over 2020, and even 2019. However the significant information is that prices for a majority of species during last year were down, even when in the first weeks of 2022, according to the Argentine Chamber of fishing vessels, CAPECA, most prices tend to recover except for Illex squid.
Argentina exported some 408,000 tons of fish products during the first ten months of the year with a value of US$ 1,731bn, which is 18% above 2020, but 11% below 2019 the last year before the pandemic. However, the evolution of prices, comparing 2020/2021 has been erratic, as has been the final destination of the product, according to the Argentine Chamber of fishing vessels, CaPeCa.
The Argentine government has issued Decree 754/2021 which lowers fisheries export taxes, particularly referred to hake, shrimp and squid as long as they are processed in the country including added value, to the benefit of Argentine industry and labor.
Argentine fisheries exports in the first half of the year totaled 236,000 tons valued at US$ 855 million according to the latest report from the CaPeCa, the Argentine Chamber of fishing vessels with freezing capacity. Spain and China figure as the main clients but there is a considerable price difference in some catch produce compared to a year ago.
Argentina's fish, seafood and sea shell landings increased 8.8% during the first six months of the year compared to the same period in 2018. Exports, on the other hand, slid 0.3% as did income generated, 2.9%, according to the latest release from the country's Fisheries Under Secretariat.