FAO Predicts Decline of North American Lobster Production in 2017, Rise of China Imports
SEAFOODNEWS.COM [Seafood News] by Amanda Buckle August 11, 2017
The Food and Agriculture Organization of the United Nations (FAO) has published a report on lobster based on market analysis from 2016 and the first quarter of 2017. The organization is predicting that North American lobster supplies will decline in 2017, while imports will rise in China.
Lobster growth in North America has been strong since 2007, but 2016 saw the first signs of decline with a six percent drop. The reason could be linked to new fishing restrictions that were put in place in...
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