Seafood Growth Opportunities As EU And US Resume Trade Of Bivalve Molluscs

摘要

1. At Fitch Solutions, we believe that seafood trade between the EU and the US will increase over the short term.2. On February 4, both the US and the EU announced that the trade of molluscan shellfish, such as mussels, clams, oysters andscallops will resume. Spain and the Netherlands will be allowed to export molluscs to the US. Similarly, two American states,Massachusetts and Washington can do the same.3. In this analysis, we highlight opportunities for US exporters, with both Spain and Netherlands being attractive markets.4. Spain has the highest spending per capita for fish and fish products in the European region, whilst the Netherlands has thefastest growth outlook over the medium term (2022-2026).