Wednesday, December 6, 2023

Mussels and oysters are no big surprises

The stability of the bivalve mollusks market is the main characteristic this year thanks to strong demand and high prices, which indicate good profits for producers.

Despite typical seasonal and regional fluctuations, these types of products are particularly attractive in the HORECA (Hospitality, Restaurant and Catering) channel, suggesting opportunities for growth in this segment and similar establishments.

By species, in the first quarter mussel trade experienced a significant increase with 68,000 tons exported, 4,000 more than in 2022, equivalent to 20% compared to the same period last year. The main importing countries of mussels are France, Italy and the United States.

During this period there was a strong increase in exports from Chile, which went from 18,300 tons to 25,200 tons. Mainly, towards the Russian Federation, which suffers from restrictions due to the war invasion in Ukraine.

Spain increased mussel exports, while the Netherlands had an impressive increase of 80% for the period under review.

When it comes to the oyster market, France remains an important importer and exporter. During the first quarter, the Netherlands experienced a surprising performance in its exports that reached 5,500 tons of cargo, compared to 1,700 tons in the same quarter last year.

In this context, France, which kept its exports stable at 3,300 tons, was relegated as the second country.

As with other bivalve mollusks, no major surprises are expected in 2023 beyond the usual seasonal trends in the oyster market.

World Nation News Desk
World Nation News Desk
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