Nile Perch Market Report – August 2009

Nile perch resources are under stress and production is going down. The three producing countries report lower exports of fillets to the EU, the main market for this product. In 2008, shipments to the EU declined by 10 000 tonnes, and further reduction is likely this year. Prices are going down, as the competition of cheap pangasius is felt. In this bleak environment, the only hope is adding value to the product, through certification schemes.