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

AIPCE-CEP

European Shrimp Market

Bangkok, 13 November 2019

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

AIPCE-CEP – Who we are

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

EU Market for seafood is growing

11,600 11,800 12,000 12,200 12,400 12,600 12,800 13,000 2013 2014 2015 2016 2017 2018

Consumption (x1,000 tonnes)

EU seafood consumption

12,852

Source: FinFish 2019

AIPCE-CEP – The EU Seafood market

AIPCE-CEP – The EU Seafood market

What about shrimp?

Third country import for shrimp increased

830 840 850 860 870 880 890 900 910 2013 2014 2015 2016 2017 2018

Import (x1,000 tonnes)

Shimp import into the EU

906

Source: FinFish 2019

AIPCE-CEP – The EU Seafood market

15% 14% 11% 11% 10% 5% 34%

Country of origin

2018 (906 thousand tonnes)

Vietnam Ecuador Greenland Argentina India Canada Other

Source: FinFish 2019

AIPCE-CEP – The EU Seafood market

Vietnam Ecuador Greenland Argentina India Canada Other

Pacific white shrimp & Black tiger shrimp Pacific white shrimp Borealis shrimp Argentine red shrimp Pacific white shrimp Borealis shrimp

Source: FinFish 2019

AIPCE-CEP – The EU Seafood market Trade agreements, GSP and ATQs are of high importance

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

Fresh:

• HOSO

Frozen:

• Peeled
• HOSO

Northern Europe

Fresh:

• Peeled
• Marinated

Frozen:

• Peeled
• HOSO
• Ecolabels

Northern Europe - Fresh

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

AIPCE-CEP – Shrimp and the EU

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.