Chile's seaweed export volume grows but value drops

Exports of products made from seaweed generated a total of USD 67 million in the first three months of 2015, reports the Fisheries Development Institute (IFOP).

According to the Bulletin of Fisheries and Aquaculture Exports developed by the Institute, the figure is 13.8 per cent lower than that obtained in the same period last year.

Meanwhile, the contribution of these products to total revenues earned by exports of the fisheries sector in Chile was 4.6 per cent.

Seaweed stall at a market. (Photo: McKay Savage/CC BY 2.0)
Seaweed stall at a market. (Photo: McKay Savage/CC BY 2.0)

IFOP stressed in its report that sales of products derived from seaweed abroad totalled 9,622 tonnes in the first three months of this year, a volume that accounts for a rise of 20.1 per cent over the same quarter of 2014.

The average FOB price of total seaweed product exported between January and March 2015 was USD 3,328 per tonne, 11.1 per cent less than in the same period of 2014.

With regard to the volume of exports, the main products based on seaweed that were exported up to March were dry seaweed (89.7 per cent), carrageenan (6.9 per cent) and agar agar (1.9 per cent).

The income received between January and March 2015 placed dried seaweed exports in the first place of the ranking, with 46 per cent of participation.

They were followed by shipments of carrageenan, with a contribution of 30.3 per cent; and agar agar ranked third, with a participation of 15.2 per cent.

In relation to total exports of the aquaculture-fishing sector, the IFOP reported that 109,000 tonnes were shipped in March for a (FOB) value of USD 473 million.

The volume of exports fell by 21.5 per cent over the same month last year while the average FOB price experienced a decline of 4.1 per cent.

 

View original article at: Seaweed export volume grows but value drops

unnamed2

 

Leave a Reply