The fish-processing sector in Aswan, Egypt currently consists of around 60 plants that focus mainly on salting, refrigeration and filleting.
The recent World Bank report on future supply and demand for fish deserves attention and applause. It represents a laudable effort to explore how the economics of fish supply and fish demand interact and how increasing incomes and population growth will drive change. While the authors are rightly cautious about over-interpreting their findings, their results provide some arresting glimpses of what the future might hold.
Indisputably, China is a major global influencer. Like many other sectors, the current and future dynamics of fisheries and aquaculture are significantly affected by what happens in the country. China’s share of the world’s fish production rose from 6% in 1980 to 35% in 2012. It is also now the world’s top exporter of fish, with 30% of the global export market, and the third largest importer after the United States and Japan.
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