Monday, 21 June 2004  
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Growing market for seafood: Fish consumption to increase to 20 kg per person by 2030

With increasing health consciousness there is a growing market for seafood. Consumers around the world tend to eat less meat and more fish and other seafood for health reasons. It has been estimated that by year 2030 the average world consumption of fish per person could grow from 16 to 20 Kg.

Seafood is an important export product. Most seafood exports are in raw form. At present, there is growing international demand for value added fisheries products such as smoked fish and canned fish. Sri Lanka's main fishery product exports are shrimps and prawns, tuna and other fresh fish. In addition, crabs, lobsters, cuttle fish, oysters, beche-de-mer(Sea cucumber) and dried fish are also exported.

Export value of seafood has increased from Rs. 4,512 million in 1999 to Rs. 8,965 million. in 2003. Sri Lanka exports fish and fishery products mainly to Japan, European Union and the USA. The export market can be extended to other markets also if value addition to fish products is promoted.

In 2003 the composition of export of fisheries products accounted for 43% of prawns, 24% of frozen fish, 11% of fish - fresh or chilled and 15% of other fish products.

The Sri Lanka Export Development Board and the Industrial Technology Institute will jointly organise a program on "Open Day For Value Added Fisheries Products" on June 24 from 9.00 a.m. to 1.00 p.m. at the ITI auditorium.

The objective of the program is to encourage and motivate exporters/processors to diversify their product range to value added fisheries products. Also to introduce the available technologies on fish products developed by ITI, to upgrade the technical know-how and sanitary practices of the fish processing sector, to define export markets for niche products.

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