A hybrid conference exploring major shrimp markets and innovative solutions about the recovery pathways towards a resilient and sustainable aquatic food industry.
Date: Wednesday-Friday, 8-10 June 2022
Click here to watch the event recording and explore the presentations
(Password: ICLE8181)
World aquaculture production attained an all-time record high, where Asia contributed significantly. Despite lower demand from the hotel, restaurant and catering (HORECA) sector due to COVID-19, the retail demand for fresh and frozen shrimp increased worldwide. Industry analysts suggested that shrimp production moderately increased in Ecuador and Indonesia but reduced in India, Thailand, Malaysia, and Bangladesh compared to 2019. Higher production drops were observed in China than in other Asian countries.
COVID-19 had an unprecedented impact on all nodes of the supply chains, while simultaneously being the catalyst for some far-reaching changes that in many cases are likely to be permanent. At the same time, products, logistics, sales channels, marketing strategies and consumer behavior have all been fundamentally affected by the economic and social turmoil that has taken place since the initial lockdowns in early 2020.
In the upcoming hybrid SHRIMP 2022 Conference with the theme 'Recovery through resilience and innovation, broodstock suppliers, farmers, feed millers, investors, innovators, researchers, and policymakers throughout the shrimp supply chains came together to explore newly developed distribution channels, products oriented towards home consumption, and operational adaptations to achieve a more resilient aquatic food sector and extensive new market opportunities.
As part of our commitments to provide all people with healthy and nutritious diets that stay within planetary boundaries, WorldFish's Global Lead, Social and Economic Inclusion, Benjamin Belton, joined the panel discussion on Thursday, 9 June 2022, to share lessons learned on the sustainability of aquaculture supply chains amidts the COVID-19 pandemic, via the framework of the WorldFish's '2030 Research and Innovation Strategy.'
Follow WorldFish and the hashtag #aquaticfoods to check out past conversations on Twitter.
