On August 14, the company Rianxeira began to operate its new plant for processing fish waste into flour and oil, located in Escuintla.
The industrial complex located at kilometer 97, highway to Puerto Quetzal, Escuintla, will process all types of waste, such as fish heads, skeletons, bones, bone parts and viscera.
In Guatemala, Rianxeira company expects to have in operation in August, its new plant for transforming fish waste into flour.
The company, which is currently exporting tuna loins and concentrates, reported that the investment in the new production line of the plant in Escuintla, amounts to $2 million and that the raw material to be used will be fish heads, skeletons, bones, bone parts and viscera.
Between February 2016 and June 2018, the average price of Central American exports of prepared and preserved fish increased 38%, from $3.72 to $5.13 per kilo.
Figures from the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
In the first quarter of the year sales of prepared and preserved fish from Central America totaled $34 million, and exports to the European country grew by 14% compared to the same period in 2017.
Figures from the information system on the Market for Fish Preparations and Canned Fish in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]
In 2016 the value of exports of fish, molluscs and crustaceans reached $714 million, equivalent in volume to 114 thousand tons, 8% less than the amount sold in 2015.
Figures from the information system on thethe Market for Fish, Molluscs and Crustaceans in Central America, compiled by the Business Intelligence Unit atCentralAmericaData: [GRAFICA caption = "Click to interact with the graph"]
The Asian country is primarily interested in Guatemalan products such as lumber and fish flour.
In August 2009, a group of Taiwanese businessmen will visit Guatemala looking to take advantage of the possibilities created by the Free Trade Agreement between the two countries which has been ratified since July of 2006.
According to the website Prensalibre.com, the Ambassador of Taiwan in Guatemala, Adlofo Sun, as well as the president of the Guatemalan Chamber of Commerce, Jorge Briz, both confirmed the interest in Guatemalan fish flour by the Asian businessmen.