echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Food News > Food Articles > Iberconsa: The toughest period is over, and the Argentine red shrimp market will rebound before the end of the year

    Iberconsa: The toughest period is over, and the Argentine red shrimp market will rebound before the end of the year

    • Last Update: 2022-09-20
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    Supply Chain China EU
     
    Fish International 2022, which was held in Bremen, Germany, from September 4 to 6, said Ana Castillo, Marketing Director at Iberconsa, that the toughest period for the Argentine red shrimp market is over and sales are expected to grow
    further by the end of the year.
     
    "In the next marketing strategy, we are focusing on opening up new markets
    outside of Spain.
    We have sales representatives and Tandu in France, Italy and China, and we want to further grow our retail sales in Germany and other European countries, which is our focus
    at the moment.
    Castillo said
    .
     
    Ester Torres, international key account manager at Iberconsa, said: "We are certainly not immune to the global recession facing the entire industry, but we must take a correct look at some issues, such as serious delays in transportation, high freight and energy costs, and the EU exchange rate against the US dollar fell below 1:1
    for the first time.
     
    "Sales to China continue to be affected by the pandemic this year, and Chinese importers are still buying much less than before, which means that at some points of the year the inventory of some raw materials is much
    higher than in previous years.
    " Castillo said
    .
     
    In the European market, Ibercons has launched a new value-added product line, including pickled cod and headless shelled Argentine red shrimp products, complementing
    the ready-to-eat portfolio launched in early 2021.
    "We will accelerate the development of value-added products, we have successfully weathered this market storm and have a very positive attitude towards
    further growth in the second half of this year.
    "
     
    Castillo said, "Iberconsa's products already have a high level of recognition, and we are still looking for more value-added space to create new product models
    through our plants in Vigo, Spain and others around the world.
    " ”
     
    At present, the price of Argentine red shrimp is still relatively low, with the price of CNF fluctuating between $7/kg-7.
    20/kg and L2 and L3 in the range of $6.
    60/kg-$6.
    70/kg
    .
    In the same period last year, the price of each specification was about
    9/kg.
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.