Rabobank Senior Seafood Analyst Gorjan Nikolik Sees Promising Indicators for Farmed Shrimp and Salmon
July 18, 2024 | 1 min to read
The aquaculture industry is poised for cautious optimism in the second half of 2024, driven by improving demand and normalizing costs, as noted in a recent report by Rabobank. Senior analyst Gorjan Nikolik highlights uncertainty in demand growth for salmon and shrimp but expresses hope for recovery in Western economies. Despite persistent biological challenges in farming, a decrease in feed costs is anticipated due to enhanced fishmeal supply.
The aquaculture industry can be cautiously optimistic as it enters the second half of 2024, as demand improves and costs normalize, according to a new report from world-leading food and agribusiness analysts at Rabobank.
Gorjan Nikolik, senior analyst at Rabobank, explained that demand growth for both salmon and shrimp in the second half of 2024 remains uncertain, but there is optimism for both markets as Western economies recover. Although salmon and shrimp farming face ongoing biological challenges, feed costs are expected to drop due to improved fishmeal supply.
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