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WHY IS TILAPIA IMPORTANT TO CREATE A SUSTAINABLE WORLD?
Jun 27, 2022
Why is tilapia a sustainable solution? Raising the fish we eat through aquaculture turned out into a vital alternative to open sea fishing, giving us a colossal 50% of all fish consumed by humans. #Tilapia makes a great part of that percentage. In fact, Tilapia is the second most commonly consumed fish and its production has increased exponentially over the years. It is considered one of the most important fish in aquaculture, supplying the World with more than 1.5 million metric tonnes, yearly. This is possible due to tilapia’s capacity to grow in different conditions and thrive in low input systems.
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Global shrimp production increase a lot, but demand is down, the market price may go down!
Jun 29, 2022
According to statistics, although shrimp production is expected to reach 5 million tons this year, prices are already lower than the levels before COVID-19, and the market may experience "recessive behavior" due to falling demand. Costs are rising, driven by feed, freight and energy. Feed costs for shrimp farmers have increased by as much as 30 percent since 2019 and are likely to rise for at least another two to three years. At the same time, shipping rates have doubled, and in some cases tripled. Shrimp also has a relatively high energy component in cost. He then noted that sales prices are falling and are already below pre-COVID levels. While strong supply momentum has added more sales to the market, headline inflation in most countries is expected to cause "recessionary behavior" among customers, such as reduced food service demand. Nikolik pointed to the Dow Jones U.S. Restaurant and Bar Index, which shows that the food service industry has declined steadily after peaking in January 2022 and is expected to continue its downward trend. 
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