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Feb 19 - Lent 2021: Sluggish Start For Salmon, Tilapia Facing Supply Issues


Feb 12 - ANALYSIS: Aquaculture Review: Tilapia Strengthening Amid Catfish and Pangasius Stagnation


Feb 2 - ANALYSIS: Tilapia Imports Highest in 3 Years, Prices Highest in 6 Years


Feb 1 - PODCAST: Latest COVID News out of Alaska; Lawsuit Against Subway; CA Restaurants Reopening and More


Jan 28 - The Winding Glass: Supply Disruption a Possible Major Problem for Seafood Industry in 2021


Dec 8 - ANALYSIS: Tilapia Imports Highest Since 2016


Nov 24 - LISTEN: Indoor Dining Updates; Salmon at Retail; Coronavirus on Shrimp Packaging and More


Nov 20 - ANALYSIS: Opposing Pressure within the Tilapia Market


Nov 10 - LISTEN: September Shrimp and Lobster Imports; Snow Crab Update and More


Nov 6 - ANALYSIS: Tilapia Imports Reign Over 2019 Across All Categories


Aug 6 - ANALYSIS: Whole Tilapia Gaining Traction in U.S.


Jul 22 - Customs and Border Protection Highlights its Chinese Tilapia Tariff Exclusion Operation


Jul 17 - ANALYSIS: Tilapia Tariff Exemption Coming to End


Jun 12 - ANALYSIS: Tilapia Imports Rebound 98% in April


Jun 3 - China’s Tilapia Market Shows Signs of Revival


Apr 16 - Hainan Tilapia Industry Learns About Influence of Domestic Markets, New Sales Channels


Apr 14 - Chinese Seafood Industry Struggling with the Coronavirus Closing Foreign Doors


Mar 31 - China's Struggling Tilapia Industry Encounters More Trouble With Coronavirus Outbreak


Mar 16 - Thanks to Several Incentives, Hainan Seafood Market Starts to Rebound


Mar 10 - USTR Denies 25% Tariff Exclusion Request for Frozen Tilapia From China


Mar 9 - ANALYSIS: January Tilapia Imports and the Impact of the Coronavirus and Tariffs


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Lent 2021: Sluggish Start For Salmon, Tilapia Facing Supply Issues

Seafood is historically a popular item during Lent, but for the fresh farmed salmon complex, the start of Lent was a sluggish one. With severe weather greatly impacting demand throughout most of the country, both Valentine’s Day and Ash Wednesday were not reported to be as busy as the market has seen in years past.  

Although at the end of this week the Canadian whole fish market is reporting some glimmers of hope in regard to improving demand, the Chilean fillet market adjusted lower throughout the week...

Full Story »

ANALYSIS: Aquaculture Review: Tilapia Strengthening amid Catfish and Pangasius Stagnation

In the current market, tilapia is under upwards pressure, while Chinese catfish and Vietnamese pangasius have remained mostly steady. With all markets experiencing similar logistical obstacles such as rising freight costs, limited to no container availability, and delays from inbound and outbound COVID-19 testing procedures, why is it that tilapia is the only market strengthening at the moment?

Throughout the pandemic the U.S. tilapia market faired extremely well. The country was well supplied with product prior to China shutting...

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PODCAST: Latest COVID News out of Alaska; Lawsuit Against Subway; CA Restaurants Reopening and More

Join SeafoodNews Podcast co-hosts Amanda Buckle and Lorin Castiglione as they break down the latest COVID news out of Alaska; the lawsuit against Subway; and the reopening of restaurants in California and New York City. Plus, find out what's going on with the blue swimming crab meat market and tilapia market.

This podcast is brought to you by Urner Barry’s Reporter magazine, which is out now! The latest issue is packed with great stories...

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ANALYSIS: Tilapia Imports Highest Since 2016

Total tilapia imports including fresh and frozen whole fish, and fresh and frozen fillets increased 5 percent collectively from the previous month, and 10.9 percent compared to October 2019. Year-to-date imports reign 16.4 percent above 2019, bringing in 367.8 million pounds of tilapia into the country, a volume not seen since 2016 brought in 369.2 million pounds for the same timeframe...

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ANALYSIS: Opposing Pressure within the Tilapia Market

The market for tilapia frozen fillets from China has, for the most part, faired extremely well despite new obstacles to overcome in the uncharted territory of navigating through a pandemic this year. Largely due to its value and availability, retail sales skyrocketed as demand has remained moderate to active. As 2020 comes to a close however, there are a few factors putting opposing pressure on the market, creating some uncertainty looking ahead into 2021.

Upwards pressure on the market points to the swift rise of ocean freight...

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ANALYSIS: Tilapia Imports Reign Over 2019 Across All Categories

While many species are seeing lower imports in 2020 due to implications stemming from the novel coronavirus, tilapia is not one of them. Fresh fillets and whole fish and frozen fillets and whole fish are all reporting January through September year-to-date volumes higher than the same 2019 time period.

Fresh fillets, running flat to the previous month has brought in 37.6 million pounds with a value of $10.6 million. Colombia and Honduras are the largest suppliers of fresh fillets...

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Customs and Border Protection Highlights its Chinese Tilapia Operation

U.S. Customs and Border Protection (CBP) netted $7.6 million in duties from nearly 700 shipments of imported tilapia in its “Just Keep Swimming” Operation which launched in May.

The Operation focuses on the evasion of Chinese 301 tariffs on tilapia fillet imports arriving daily at U.S. seaports.

Through Just Keep Swimming, import specialists are in a better position to monitor imports of Chinese tilapia as a precaution against the United States Trade Representative’s (USTR) decision to remove the 25 percent import tariff on frozen tilapia that went into effect...

Full Story »

ANALYSIS: Tilapia Imports Rebound 98% in April

April imports of frozen tilapia fillets rebounded from the previous month by nearly 98 percent. 17.3 million pounds of volume with an approximate value of 27.3 million dollars recorded the largest grossing April since 2012, jumping 31.2 percent above the previous three-year average.

On a year-to-date basis, 2020 has brought in 74.2 million pounds of product, compared to 61.2 million pounds for the same timeframe in 2019, a 21.3 percent increase year-over-year.

When looking at total imports for...

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Hainan Tilapia Industry Learns About Influence of Domestic Markets, New Sales Channels

With COVID-19 hitting more countries, China’s seafood industry, which is still in the process of recovering, encounters another challenge of sluggish demand abroad. Tilapia is one of the great victims in this pandemic, and more companies in Hainan, a main aquaculture region, have come to realize the significance of developing the domestic market and also new sales channels after seeing brutal statistics.

In spite of the fact that popularity of tilapia has been declining in the global market within recent years, their export is...

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China's Struggling Tilapia Industry Encounters More Trouble With Coronavirus Outbreak

China’s tilapia industry has been under great pressure within recent years. The country’s customs statistics show that its exports plummeted last year, and the industry has worked harder to expand the domestic market in hopes that it can fill the gap. The export of tilapia fillets, for example, has dived by 46% to only 77,000 tons. Meanwhile, that of whole ones has reduced by 19% to 109,000 tons. And the coronavirus outbreak has made this year even more brutal and left great quantities unsold in ponds...

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USTR Denies 25% Tariff Exclusion Request for Frozen Tilapia From China

A pair of requests from companies looking to be excluded from 25% tariffs on frozen tilapia imports from China were rejected by the United States Trade Representative on March 5.

Requests from Hawaii-based Hilo Fish Company and J&J Seafoods, based in California, were denied according to letters signed by General Counsel Joseph Barloon. The letters were posted on the USTR’s website.

J&J’s request called for exclusions on “individually quick frozen tilapia fillets of varying sizes treated with tasteless smoke, packaged together in bags or carton...

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ANALYSIS: Tilapia Imports Highest in 3 Years, Prices Highest in 6 Years

Imports of frozen tilapia fillets took a dive into November, falling 31.7 percent for a total monthly volume of 14.3 million pounds. The previous 3-year average for the month of November is 22.8 million pounds, November 2020 falling well below average, down 37 percent.

On a year-to-date basis, however, January through November import volumes are 12.5 percent higher than the previous year, totaling 236.3 million pounds. This is the highest year-to-date total since...

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The Winding Glass:  Supply Disruption a Possible Major Problem for Seafood Industry in 2021

Despite the pandemic and the uncontrolled COVID outbreak in the U.S., 2020 was a banner year for the seafood industry. The spectacular growth in retail seafood sales compensated for the dramatic loss of foodservice opportunities. According to data presented at NFI’s Global Seafood Marketing Conference, overall seafood sales to retail and foodservice combined grew around 7% last year.

This strength is continuing into 2021. Early indications from retailers suggest that the strength of seafood sales is continuing after the holidays. Many are reporting strong...

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LISTEN: Indoor Dining Updates; Salmon at Retail; Coronavirus on Shrimp Packaging and More

Join SeafoodNews Podcast co-hosts Amanda Buckle and Lorin Castiglione as they talk about indoor dining restrictions; salmon at retail; the latest on tilapia and coronavirus found on shrimp packaging in China.

This episode of the SeafoodNews Weekly Video is brought to you by Urner Barry's Reporter. The Winter Issue will be getting sent out this December, but there is still time to advertise! Call 732-240-5330 or email advertise@urnerbarry.com to learn more.

Full Story »

LISTEN: September Shrimp and Lobster Imports; Snow Crab Update and More

Join SeafoodNews Podcast co-hosts Amanda Buckle and Lorin Castiglione as they talk about September shrimp and lobster imports. Plus, the latest news on the tilapia and snow crab markets.

This week's episode is brought to you by Urner Barry's COMTELL. Urner Barry continues to build upon the value COMTELL offers customers with new features and improvements consistently being added to the platform. We are excited to announce three new widgets for the COMTELL dashboard, designed to increase efficiency and expand on the amount of information available...

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ANALYSIS: Whole Tilapia Gaining Traction in U.S.

The most recent June imports were released yesterday and the data is showing a growing volume of whole tilapia being imported into the U.S. While both fresh and frozen whole tilapia imports have surpassed previous year-to-date numbers, fresh tilapia has already exceeded the previous years total volume.

This year, January through June volume of fresh whole tilapia is recorded at 4.8 million pounds, while the previous 3-year total average is 4.1 million pounds. Of this year's 4.8 million pounds, 3.9 million pounds of that product is...

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ANALYSIS: Tilapia Tariff Exemption Coming to End

August 7, 2020 marks the last day for tilapia frozen fillets, weighing no more than 115 grams, to be granted an exemption of the 25% tariff on product imported into the country from China. The industry awaits to see if there will be an extension granted on these smaller sized fillets, weighing approximately 4 ounces or less.

Logistically, this week marks an end to shipping product that will qualify for the exclusion, so there is potential the industry sees a slowdown in overseas buying...

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China’s Tilapia Market Shows Signs of Revival

Late May witnessed the rebound of China’s tilapia market. As statistics available on May 27 show, the country’s price index reported an increase by 2.4 points to 96.82 points for tilapias weighing below 1 jin each (1 jin=0.5 kilo, compared with May 13, where those over 1 jin each stayed at 94.85 points.

Their retail prices have exceeded 5 yuan/jin in some of China’s regions. For example, in Fujian those weighing between 1 to 2 jin each are priced at 5.6 yuan/jin, while they are sold at about...

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Chinese Seafood Industry Struggling with the Coronavirus Closing Foreign Doors

China has been hit hard by the coronavirus outbreak. Although its domestic seafood market is gradually recovering, the industry is encountering great difficulties in exports. Some exporters said that they are on the verge of bankruptcy, and some are concerned that the limited increase at home can hardly make up for losses abroad.

A case in point is tilapia, about 70% of which used to be sold to foreign buyers. This industry has already been under great pressure because it has been losing overseas market shares...

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Thanks to Several Incentives, Hainan Seafood Market Starts to Rebound

Under the influence of coronavirus, China’s seafood industry is challenged by the problem of excessive supply during this Chinese New Year, its most important shopping carnival. Hainan, one main aquaculture province, is among the greatest victims in this catastrophe. As statistics show, in this early March, the province is faced with 45,000 tons of unsold tilapia and over 2,500 tons of shrimp stocked in ponds.

To encourage companies to buy more and help farmers survive this harsh winter, local government has decided to subsidize processing plants if they...

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ANALYSIS: January Tilapia Imports and the Impact of the Coronavirus and Tariffs

Tilapia frozen fillets, the largest seafood item by volume imported into the United States from China, has yet to see an impact at the wholesale level in the wake of supply chain disruptions caused by the coronavirus. With reports from key industry players that overseas plants are currently working at a 25-50% capacity and have started shipping out limited product this week on orders from before the Chinese New Year holiday, wholesale prices remain steady in the 10th week of 2020...

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