AIPCE-CEP European Shrimp Market Bangkok, 13 November 2019 - PowerPoint PPT Presentation

AIPCE-CEP European Shrimp Market Bangkok, 13 November 2019

AIPCE-CEP – Who we are 1 AIPCE is the European Fish 1 Processors Association. 1 1 CEP is the European Federation of 1 National Organisations of Importers 1 1 1 and Exporters of Fish. 1 1 These professional associations were 3 established in 1959. AIPCE and CEP work together on 2 3 2 the basis of a cooperation agreement, creating AIPCE-CEP 1

AIPCE-CEP – Who we are AIPCE-CEP represents the EU fish processors and traders as a common strong voice in Europe providing for a framework in which companies can grow and prosper to continue offering healthy, sustainable and responsible fish products

AIPCE-CEP – The EU Seafood market The EU market for seafood

AIPCE-CEP – The EU Seafood market EU seafood market: - EU domestic supply - EU import - EU export (5,664 thousand tonnes) (9,421 thousand tonnes) (2,233 thousand tonnes) Source: FinFish 2019

AIPCE-CEP – The EU Seafood market EU seafood consumption 13,000 Consumption (x1,000 tonnes) 12,852 12,800 12,600 EU Market for 12,400 seafood is 12,200 growing 12,000 11,800 11,600 2013 2014 2015 2016 2017 2018 Source: FinFish 2019

AIPCE-CEP – The EU Seafood market What about shrimp?

AIPCE-CEP – The EU Seafood market Shimp import into the EU Third country 910 Import (x1,000 tonnes) 906 900 import for 890 shrimp 880 increased 870 860 850 840 830 2013 2014 2015 2016 2017 2018 Source: FinFish 2019

AIPCE-CEP – The EU Seafood market Country of origin 2018 (906 thousand tonnes) 15% 34% 14% 11% 5% 10% 11% Vietnam Ecuador Greenland Argentina India Canada Other Source: FinFish 2019

AIPCE-CEP – The EU Seafood market Pacific white shrimp & Black tiger shrimp Trade agreements, GSP and ATQs are of high importance Pacific white shrimp Borealis shrimp Borealis shrimp Pacific white shrimp Argentine red shrimp Vietnam Ecuador Greenland Argentina India Canada Other Source: FinFish 2019

Most important EU markets for shrimp: • Retail • Wholesale & Food service

Difference between Northern and Southern Europe

Southern Europe - Fresh

Southern Europe - Frozen

Northern Europe - Fresh

Northern Europe - Frozen

Southern Europe Northern Europe Fresh: Fresh: - HOSO - Peeled - Marinated Frozen: - Peeled Frozen: - HOSO - Peeled - HOSO - Ecolabels

Northern Europe - Fresh

AIPCE-CEP – Shrimp and the EU Shrimp and the EU: - Importance Ecolabels (ASC, MSC, Organic) keep growing - New trade agreements could influence the future trade flows - An important part of the market is price driven - Transparency - Product integrity

In conclusion: - EU market for seafood is growing; - Shrimp consumption is growing; - Main importing countries are Vietnam, Ecuador, Greenland, Argentina and India; - Most important shrimp specie is P. vannamei - Difference in presentation between Northern and Southern Europe - Ecolabels, price, transparency and product integrity important - Free Trade Agreements could influence the future trade flow

AIPCE-CEP Thank you for your attention Bangkok, 13 November 2019

Brexit As long as there is no agreement it is hard to say what will happen Two scenario’s: Hard Brexit  UK will be excluded from EU. WTO import tariffs - between EU and UK. Trade flows will change (-5-10% import to EU); Non-hard Brexit  Common market will retain. No direct - consequences for trade.