Fish: Nicaragua Produces More But Earns Less

In 2014 production in the fisheries and aquaculture sectors increased by 28%, but due to low international prices export earnings declined by 8% compared to 2013.

Friday, January 9, 2015

Fisheries and aquaculture production in 2014, equivalent to 96.7 million pounds exceeded projections made by sector earlier this year and recorded a 28% increase over the previous year. However, according to the Center for Exports (CETREX), it sold $19 million worth less than in 2013.

"... CETREX's data indicates that in 2014, revenues from exports of farmed shrimp totaled $106.9 million compared to the $150.3 million generated in 2013. International prices for this product declined by 2.9%, going from $6.13 to $5.95 per kilogram and the export volume was also lower at 29%. " Also "... In 2014 the production of farmed shrimp was 62.7 million pounds, up 23% from 2013. "

Elnuevodiario.com.ni reports that "... According to the government report, fish production in 2014 totaled 17.9 million pounds, 27% higher than the amount in 2013. Likewise, exports of fish increased by 29.3% going from $26.2 to $33.9 million. "



More on this topic

Nicaragua: Seafood Exports

October 2016

In the first ten months of the year foreign sales of seafood products fell, except for shellfish and shrimp, which are growing at double digits.

Statistics from the Center for Export Procedures (CETREX) show that foreign sales of seafood grew by 19% compared to the first ten months of 2015, while exports of sea shrimp, recorded an increase of almost 13%.

Nicaragua: Aquaculture Production in August 2015

October 2015

Between January and August lobster production grew by 30% compared to the same period in 2014, while production and export of farmed shrimp fell by 32% and 40%, respectively.

In the case of lobster exports in the period concerned there was an increase of 26%, going from $37.3 to $47.1 million, according to data from the Central Bank and the Center for Exports (CETREX).

Nicaragua: Aquaculture and Fisheries Sector Grows

April 2015

Powered by shrimp farming, the gross value of fisheries and aquaculture production reached $129 million in 2014, 16.3% more than in 2013, when it totaled $113 million.

This growth is mainly due to increased shrimp production, which recorded sales of $74.7 million, of which $66.2 million came from shrimp farming and the rest from shrimp caught in the open sea.

Fish Exports From Nicaragua Growing

February 2014

In 2013 total production increased by 8% and foreign sales of fish, shrimp , lobsters and seafood, by 28%.

Fish production last year grew by 8%, with farmed shrimp products having the largest increase. Foreign sales of fish, shrimp, shellfish and lobsters reported a 28% increase compared to 2012, going from $192 million to $246 million at the end of 2013, according to statistics from the Center for Exports.

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