The Law of Fisheries, Aquaculture and related activities was published in the Official Gazette. The law promotes the training of fishermen and establishes the participation of the sector in decision making.
The new legal framework establishes a National Fisheries Conservation and Administration Plan, creates the National Fisheries Information and Statistics System, eliminates discretionally in fisheries management and promotes good fishing practices.
Following the approval of the law on trawling in the country, fishermen's unions announced that they will hold demonstrations so that the Alvarado administration can veto the law.
After a long discussion about the benefits it will bring to a group of fishermen and the harm it could cause to others, the trawling bill was approved in the second debate with a vote of 28 deputies in favor and 18 against, the Legislative Assembly reported.
The Costa Rican Tuna Industry Chamber warned about the possibility that the government will publish a decree that would extend the ban zone for the purse tuna fishery to a distance of between 100 and 150 miles from the Pacific coast.
According to the sector's union, this decree, which is in the drafting stage, would put at risk the fulfillment of the export commitments of canned fish to the world's main markets.
Nearby CIFCO, in San Salvador, is a sales point that, at a distance of 15 minutes walking, holds a captive market of 23 thousand people who together spend $6.5 million, and of them, 10% show interest in seafood.
In CentralAmericaData we developed a geomarketing tool based on interactive maps, through which you can identify where people are and what characteristics they have as consumers. The map incorporates, for any Central American country, the variables population, income, average monthly expenditure and consumer interests. With this information, it is possible to identify potential clients and define promotional strategies accordingly, or also explore home delivery times from any sales point.
During the first month of the year, Nicaraguan seafood exports totaled $16.7 million, 19% less than what was reported in the same month in 2019, a situation explained by the decline in demand from Asia and the U.S., important destinations for this sector.
According to data from the Center for Export Processing (Cetrex), between January 2019 and the same month of 2020 exports of seafood products recorded a fall of $ 4 million, from $ 16.7 million to $ 20.7 million.
The Panamanian government has authorized Forever Oceans Panama, S.A. to invest $50 million in a fish farming project in Charco Azul Bay, Puerto Armuelles.
Aquatic Resources Authority (ARAP) administrator Flor Torrijos handed over the resolution authorizing the fish farming operation in an area of more than 58,000 hectares to company representatives, the Presidency reported.
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"]
The investment of Grupo Calvo in El Salvador will be used to acquire a ship, to build a new production floor and a refrigerated area.
Representatives from the company reported that the investment is part of the start of a process of expanding their operations, which will be focused mainly on increasing the supply of tuna.
After the country registered sales for $282 million in 2017, the sector's union expects this year to surpass what was reported in the previous period by 2%.
Explained by the good performance in exports of cultivated shrimp, crab and live lobster, during the first three months of the year, the Nicaraguan Institute of Fisheries and Aquaculture (Inpesca) expects the sector to register an increase compared to 2017.
In 2017, the value of Central American sales of fish, molluscs and crustaceans to companies in Mexico amounted to $69 million, 19% more than was exported in 2016.
Figures from the information system on the the Market for Fish, Molluscs and Crustaceans 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"]
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%.
Innovation in products such as snapper or producing goods for animal consumption has allowed the 2800 Costa Rican aquaculture farms to stay in business.
The advantages of volume and price held by competitors in the Asian market also affected global markets such as aquaculture. Tilapia is an example in Costa Rica, registering a decline of 19.4% in exports, going from 7,166 tons in 2012 to 5,777 in 2015, according to PROCOMER.