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    Home > Food News > Food Articles > In 2023, Atlantic eugenia production may decline by more than 20%, and the price is running high

    In 2023, Atlantic eugenia production may decline by more than 20%, and the price is running high

    • Last Update: 2022-10-02
    • Source: Internet
    • Author: User
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    On 6 September, the Norwegian Institute of Oceanography proposed a reduction in the real cod quota from 729,480 tonnes to 566,784 tonnes
    .
    The Norwegian-Russian Joint Fisheries Commission will meet in mid-October to determine the final quota
    .
     
    The reality is that the total quota for the Barents Sea in 2021 is 906,600 tonnes, and the quota of about 110,000 tonnes of uncaught will be transferred to 2022, so this year the Norwegian quota will increase from 336,467 tonnes to 385,256 tonnes, an increase of 48,789 tonnes; The situation is similar in Russia, where the quota will increase from 309,605 tons to 369,146 tons in 2022, an increase of 59,541 tons
    .
     
    If all quotas are completed this year, the cumulative production of Norway, Russia and third countries will approach 830,000 tons
    .
    Assuming a quota of only 556,784 tonnes next year, the cuts would be as high as 32 percent
    .
    However, some insiders believe that some uncaught quotas may still be retained until next year, so the reduction in production next year will not be too drastic
    .
     
    Charles Aas, marketing director at Norges Rafisklag, a Norwegian company, told UCN: "There may be some quotas left over until next year, but not too much
    .
    Norway's remaining quota is now less than 100,000 tons, and the production will decline by about 25%
    next year.
     
    According to Norway, as of the 36th week, the cumulative production of eugenia was 291,553 tonnes, with a remaining quota of 92,955 tonnes
    .
    Production in the same period last year was 294,981 tonnes, with a surplus of 137,975t
    .
     
    "Norway's fishing progress in 2022 is generally similar to that in 2021, and by the end of the year, weather conditions will change, and it will be difficult for small boats (with lengths less than 11 meters) to sail further north, and their remaining quota may not be completed
    ," Aas said.
     
    Another source said that in recent times, the fishing situation of Norwegian and Russian vessels has been relatively sluggish, and the price of real cod raw materials has shown a stable rebound
    .
    Frozen H&G sold to China is priced in the $5,800/t to $6,000/ton, and the impact of the Ukrainian war on the market is gradually normalizing
    .
    Price
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