Day 2: 13 Nov 2019 - 9:10 – 9:30 AM
The EU’s dependency on imported seafood products is high, a feature which has been consistent over the years within the range of 63% (+/- 1%). The total Whole Fish Equivalent (WFE) imports into the EU has increased by 115 000 tonnes (+1.2%) to 9.42 million tonnes in 2018, and the EU-wide consumption trend is increasingly diverse in terms of species and frequency. At the same time, there is increasing demand for sustainable fish products.
Specific to shrimp, imports into the EU show an increasing trend. In 2018, almost 900 000 tonnes of shrimp (WFE) was imported into the EU (+3%). Most of the shrimp was imported from Vietnam (Pacificwhite shrimp and black tiger shrimp), Ecuador (Pacific white shrimp), Greenland (North Atlantic coldwater shrimp), Argentina (Argentine red shrimp) and India (Pacific white shrimp). Meanwhile the EU is working on trade agreements with third countries, which will provide opportunities to increase trade with shrimp producing countries.