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    Home > Food News > Food Articles > U.S., Canadian sea urchin Asian sales soar!

    U.S., Canadian sea urchin Asian sales soar!

    • Last Update: 2022-09-30
    • Source: Internet
    • Author: User
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    Canadian sea urchin fishery exports
     
    During the Asian Seafood Expo (SEA) in Singapore from September 14 to 16, 2022, the association's executive director said his members have been increasing their exports
    to many different markets in Asia.
    Japan used to account for 90% of its exports, but now accounts for 50%
    of its overall market.
    But according to him, the Asian market remains crucial for sea urchin exports, and the return of face-to-face activity in the region has helped build relationships
    with buyers.
     
    "It's crucial
    for us.
    Probably our biggest market is Japan, and it has always been," he said
    .
    "It's more localized for them, so it's easier to
    come and have a look.
    "
     
    The decline in Japan's share of overall exports is not due to lower demand, but to increased
    sales to other regions.
    In Hong Kong, for example, the value of sea urchins exported to Hong Kong in the past increased from $150,000 to $250,000 ($112,000 to $187,000, €113,000 to €188,000) per year, and today it is $4.
    5 million ($3.
    36 million, €3.
    37 million).

     
    South Korea is also buying more sea urchins
    .
    "We now have a free trade agreement with South Korea, so we are seeing steady growth
    with them.
    They are now our third largest market," Klaus said
    .
     
    The association was also quickly driven by sales growth to China
    .
    In 2010, he estimated that the association sold about $50,000 ($37,000, €38,000) worth of sea urchins to the market and peaked at about $1.
    5 million ($1.
    12 million, €1.
    13 million) in 2018
    .
     
    "Last year, we made a lot of live sales in China, which is a bit surprising
    .
    " He said
    .
     
    He said he attributed the association's growing success in Hong Kong to his association's participation in previous Asian seafood fairs
    held in the city.
     
    He hopes that the successful experience will be transplanted to Singapore
    .
    "We know that Singapore is a very valuable market because they are a blend of multiple culinary traditions here," he said
    .
    "They loved the product
    .
    We hope we can see here that we are as successful as Hong Kong has seen
    .
     
    However, he said his push to increase sales in Singapore was not without obstacles
    .
    "One of the big problems we sell from Canada to Singapore is that there are no direct flights, or very few direct flights, although that is starting to change now," Klaus said
    .
    "When you have to transfer from Tokyo] Narita Airport to another plane and then to Singapore, it adds 6, 12, maybe 18 hours of flights
    .
    "
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