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Analysis

New US scallop season to resemble 2014’s with low landings, lots of imports

The US market saw an overall supply of 39,916t of scallops in 2021, 13% more than the 35,380t of scallops it had in 2020, even in spite of reduced domestic landings

By Jason Huffman | April 5, 2022 17:27 BST
Grilled scallops with asparagus and creamy espuma. Photograph by Ryzhkov Photography on Shutterstock.
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Hi, Alex. How can I help you?

What can you tell me about Conxemar 2024?

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Conxemar 2024 was a major seafood trade show held in Vigo, Spain from October 1-3, 2024, preceded by a conference on global seafood supply organized by Conxemar and the UN's Food and Agriculture Organization. 1 The event occupied 37,000 square meters and generated approximately €750 million ($827.8m) over three days, with about €185m staying in Vigo to benefit the local economy.

The trade show supported around 6,500 jobs per edition, with expectations for these figures to increase further in 2024. Despite its success, Conxemar faced challenges with space limitations, as demand exceeded supply by over 5,000 square meters, resulting in an estimated annual loss of €20m for the region. Vigo's Free Trade Consortium had announced willingness to invest €16m in expanding the fairground.

During the event, several significant industry developments were announced, including Iberconsa's fleet renewal plans in Namibia and South Africa , Argentina's inshore red shrimp fishery moving closer to MSC certification , and Nueva Pescanova reporting strong sales volume growth in 2024. 1 The FAO also presented its 2024 report on world fisheries and aquaculture, announcing that global production had reached an all-time high in 2022.

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