China:Demand for high-end U.S. Seafood in South China remains strong
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- Published: 2012-12-17
- File Format: PDF
- Views: 22
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- Size: 206.94K
- Language: English
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Introduction
Summary: As a driving force in the global seafood industry, China does not only produce enough seafood to meet its own domestic demand, but is also a major exporter of processed aquaculture and seafood products. Growing domestic incomes and changing life styles of average consumers is fueling demand for many high value seafood species creating abundant opportunities for U.S. exporters. In 2012, several high-end U.S. seafood exports grew at a faster pace than the traditional U.S. seafood exports to destine for north China’s processing and re-export industry. Though overall consumer spending has declined for a number of food items (including imports), many high-end U.S. seafood exports have slowed down not because of the decline in demand, but because of tighter inspection procedures and sting operations for trade entering through grey channels.
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