Carrageenan seaweed. (Photo: Stock File)
Seaweed exports feature higher volume and better price
Friday, August 01, 2014, 03:40 (GMT + 9)
Exports of products made from seaweed generated a total of USD 143 million in the first five months of 2014, according to the Fisheries Development Institute (IFOP).
The Bulletin on Fisheries and Aquaculture Exports developed by the Institute shows the figure is 25.8 per cent higher than that obtained in the previous year.
The contribution of these products to the total income received from the shipments of the aquaculture-fisheries sector was 5.3 per cent.
The IFOP noted in its report that the sales of seaweed-derived products abroad totalled 8,662 tonnes between January and May this year, a volume that accounts for a 20.5 per cent increase over the same period in 2013.
The average FOB price of the total algae products exported in the first five months of 2014 was USD 3,598 per tonne, representing 20.5 per cent more than in the same period in 2013.
Regarding export volumes, the IFOP highlighted that "in order of importance up to May the main algae-based products exported were dried seaweed (91.3 per cent), carrageenan (5.3 per cent) and agar agar (1.8 per cent)."
Between January and May 2014 the received income placed dried seaweed exports in the first place ranking with a 55.8 per cent participation. It was followed by shipments of carrageenan, with a contribution of 23 per cent; agar agar and ranked third with a participation of 13.5 per cent.
By Analia Murias