Hake Market Report - Argentina - January 2010 [January 2010]
Lower landings of hake in Argentina
Argentinean landings of hake in the first half of 2009 totalled 186 467 tonnes, which represents an 11% fall compared with the same period in 2008. The lower level of landings is a trend observed in all species, hubbsi (-2%), hoki (-29%) and southern hake (-32%), with hubbsi being the main captured species with a 72,5% share in total landings. Taking into consideration landings in the first nine months of 2009, the reduction is lower (-7%), but the fall in hubbsi landings is more significant (-4%).
The groundfish market continues to be well supplied and prices are declining. More availability of Alaska pollack from Russia has created a downward spiral for groundfish prices. Demand is not expected to improve in coming months.
Groundfish Market Report - January 2009 [January 2009]
Groundfish in good demand
Demand for groundfish products seems to be less subject to the impact of the financial crisis worldwide. Surprisingly, consumption is increasing, probably as a result of the health drive on groundfish species consumption. Surprisingly, groundfish catches are expected to go up in 2009, which should keep the market well supplied
Groundfish Market Report - August 2008 [August 2008]
Groundfish prices go up The upward trend in Alaska pollack prices is impacting the world groundfish market. Decreasing catch quotas led to a 16% increase on prices during the first half of the year. Some producers are reporting a three fold increase in surimi raw material prices based on Alaska pollack and are looking for alternative species. Further price increases are likely for the second half of the year. Price trends in other frozen groundfish fillet segments are mixed, but as usual will follow the trend set by the Alaska pollack in due course.
In 2007, landings of hake (including hoki) in Chile totaled 134 793 tonnes, 7.2% less than in 2006, when landings were 145 280 tonnes. These figures show that 2007 hake production was the lowest over the last ten years, and landings have been continuously falling since 2001.
