Fish which undergoes long-term processing such as canned fish, seafood and prepared fish dishes represents 52% of the retail market for processed fish, followed by frozen and refrigerated fish.
From a statement issued by the Foreign Trade Promotion Office of Costa Rica (PROCOMER):
According to the Ministry of Agriculture and Agri-Food in Canada (AAFC), the seafood market in Canada increased from $2.8 billion (684.200 tons) in 2009 to $3.8 billion (709.100 tons) in 2013 and it is expected that demand will continue to increase as Canadians include fish and seafood as a regular part of their healthy diet. It is also expected that prices will increase by over 40% in 2016 compared to 2009.
The Aquatic Resources Authority of Panama granted in concession to the company Open Blue Sea Farms Panama 884 acres of sea floor for the next 20 years, to be used for the installation of marine farms.
Prensa.com reports that "the company has carte blanche to install marine farms spread across the sea bottom, within a perimeter located between the villages of Viento Frío, Palenque and Miramar in the district of Santa Isabel, in the Colon province ... ".
With growth of 127% between 2010 and 2011, fish farming is offsetting the decline in fishing activities.
Capital.com.pa reports that "aquaculture has its foot on the accelerator with an increasing amount of projects and feasibility studies, and fish farming production growing by 127% between 2010 and 2011, allowing in a large part a balancing out of the consecutive losses experienced by the fishing industry as a result of overfishing of marine products, pollution and restrictions put in place precisely to protect these marine species. "
The fish food producer expects to inaugurate a new plant in Costa Rica in May 2012, a major step in its expansion plans in the Americas.
BioMar, a producer of fish food, reported that the construction of a new factory and development center in Costa Rica is going well, and it should open in May 2012, as scheduled. The new facility is a key move in the company’s expansion strategy in the Americas, a press release said.
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