-- Just one kilogram of freshly caught squid a day was almost enough to live on for Thai fishermen like Wisut Boonnak. Now the catch has halved in price and he’s spending more time on village duties.
The global seafood industry, worth hundreds of billions of dollars, is seeing demand crater. From lobster fishermen in North America to salmon farmers in Norway and shrimp producers in Vietnam, people are hurting as the coronavirus shuts cafes and restaurants and wreaks havoc with supply chains. Whether farmed or wild, fresh or processed, few areas have escaped the impact.
In Australia, the Sydney Fish Market, one of the world’s largest, was quiet over Easter when it’s usually full of tourists and locals. Many tenants are offering pickup and delivery services as alternatives after the government imposed restrictions on dining out. The market was limiting the number of people entering the area and conducting temperature checks.
In Japan, empty restaurants and hotels and the absence of tourists have hit demand for more expensive seafood items such as sea urchins and crabs, and in Hokkaido, some suppliers are even holding emergency sales of unwanted catch. Meanwhile, a lobster glut has sent prices reeling in North America, salmon prices have dropped in Norway and seafood companies in Vietnam have seen a 35% to 50% plunge in export contracts this year.
Well that’s good news for those little creatures!!
That's cool actually. Prior to the pandemic, markets are empty of seafood or it's very expensive because the cafes and restaurants drove up prices.
Tght China eats everything
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Source: The Straits Times - 🏆 8. / 63 Read more »