Cost of raw materials for fish processing and aquaculture

What are the drivers of increasing prices for materials in the aquaculture segment, and more importantly, what are the mitigation measures?
2 February, 2023
By Bert Popping

We felt it in our pockets: prices for food and energy went through the roof. This is also shown by the OCED graphic shown in Figure 1.

Inflation

Figure 1: Inflation (CPI)Total / Food / Total less food, less energy, Annual growth rate (%), Dec 2022 or latest available

Also, the aquaculture industry was severely affected by the rising prices, especially for raw materials like animal feed.

Recently, the European Market Observatory for Fisheries and Aquaculture Products (EUMOFA) held the online Talk “Cost of raw materials for fish processing and aquaculture”. The video is now available online:

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