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Wednesday, August 10, 2022
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GreeceBusinessGreek aquaculture fish sales rise to new records in 2021

Greek aquaculture fish sales rise to new records in 2021

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Hellenic News of Americahttps://www.hellenicnews.com
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Aquaculture fish sales rose to 10-year records in 2021, but the industry expresses concern over the impact of increased inflationary pressures in the economy, Hellenic Aquaculture Producers Organization (HAPO) said in a survey released on Friday.

More specifically, aquaculture fish sales totaled 131,250 tons, worth 636 million euros, up 7% in volume and 10% in value compared with 2020. Sea bream and sea bass accounted for 96% of sales (125,550 tons). Exports totaled 100,361 tons worth 499 million euros in 2021, up 9% in volume and in value compared with the previous year.

Eighty percent of exports was distributed in EU countries and in third countries, with the remaining 20% in the domestic market. Italy, Spain and France remained the top export destination markets, accounting for 58% of Greek production.

Despite increased competition, average prices for sea bream and sea bass rose 1.5% and 6%, respectively.

The industry said that a series of negative impacts resulting from the pandemic to the Russian invasion of Ukraine have raised production costs by 25%.

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SOURCE; ANA-MPA

The copyrights for these articles are owned by the Hellenic News of America. They may not be redistributed without the permission of the owner. The opinions expressed by our authors do not necessarily reflect the opinions of the Hellenic News of America and its representatives.

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