Volumes and Supply Issues in the Aquaculture Industry

The Impact of Early Harvesting and Biological Issues

Volumes have been great in the aquaculture industry, but there’s been a lot of early harvesting and elevated supply due to biological issues concentrated in Norway. This has led to some challenges for fish farmers, as they navigate through these obstacles to maintain profitability and sustainability in their operations.

Feed Prices and Margins

Despite the supply issues, feed prices have dropped significantly in recent months, which has actually improved margins for fish farmers. This is welcome news for the industry, as it allows them to operate more efficiently and effectively, even in the face of challenges.

Marine Ingredient Supply

A good anchovy season in Peru has increased marine ingredient supply, which has benefited feed production in the aquaculture industry. This increase in supply has helped to meet the demand for feed and support the growth of the industry as a whole.

Consumer Products Segment Growth

The consumer products segment of the aquaculture industry has shown solid growth, pushing the Mowi brand into European supermarkets and contributing to a 20% EBITDA increase for the company. This is a positive sign for the industry, as it indicates a growing demand for seafood products in the market.

How This Will Affect You

As a consumer, you may start to see a wider variety of seafood products available in supermarkets, as brands like Mowi expand their presence in the market. This could give you more options for high-quality, sustainable seafood to enjoy in your meals.

How This Will Affect the World

The growth and success of the aquaculture industry can have a positive impact on the world, as it provides a sustainable source of protein for a growing population. By increasing supply and improving efficiency in feed production, the industry can help to meet the global demand for seafood in a way that is environmentally responsible.

Conclusion

Overall, the aquaculture industry is facing both challenges and opportunities in the current market. While supply issues and early harvesting have presented obstacles for fish farmers, improvements in feed prices and marine ingredient supply are helping to support growth and sustainability in the industry. As consumer demand for seafood products continues to rise, companies like Mowi are well-positioned to capitalize on this trend and make a positive impact on the industry as a whole.