EU PROCESSORS AND EU PROCESSORS AND IMPORTERS IMPORTERS

AIPCE-CEPAIPCE-CEP

Guus Pastoor, PresidentGuus Pastoor, President

Investment in EU Investment in EU Fisheries Sector?Fisheries Sector?

Vladivostok, September 13, 2013

EU Processing and TradeEU Processing and Trade

4.4 million tons4.4 million tons> > 23 billion €130.000 people4.000 companies

15 million tons/ year total supply EU15 million tons/ year total supply EU13 million tons/ year EU consumption13 million tons/ year EU consumption9.6 million tons/ year9.6 million tons/ year EU imports third countries

33

Import statistics EUImport statistics EU

Total market supply is static at around 14.5m tonnes*Total market supply is static at around 14.5m tonnes*Largest single market for fishLargest single market for fish

Imported share has grown to 9.500 million tonnes and Imported share has grown to 9.500 million tonnes and equals 65% of total supplyequals 65% of total supply

Whitefish import dependency has stayed level at Whitefish import dependency has stayed level at 89% for wild capture consumption89% for wild capture consumption

Inclusion of aquaculture products maintains >91%Inclusion of aquaculture products maintains >91%for overall whitefishfor overall whitefish

44

Wild Capture WhitefishWild Capture Whitefish

Wild capture has expanded by 162 thousand Wild capture has expanded by 162 thousand tonnes with EU catch marginally increased tonnes with EU catch marginally increased despite quota cutsdespite quota cuts

Cod is No1. species and is now above 1 million Cod is No1. species and is now above 1 million tonnes WFEtonnes WFE

Pollock resurgent after quota increase in US Pollock resurgent after quota increase in US moving up 18% to 850 thousand tonnesmoving up 18% to 850 thousand tonnes

Haddock reaches new peak in Finfish Study Haddock reaches new peak in Finfish Study time seriestime series

55

SPECIESSPECIES

Cod Cod Saithe Saithe Haddock Haddock Hake Hake RedfishRedfishAlaska Pollock Alaska Pollock PangasiusPangasius

Very low EU Self-sufficiency in all Major Whitefish species

14%29%21%11%25%0%0%

66

Countries – Wild CaptureCountries – Wild Capture

China China Norway Norway Iceland Iceland FaroesFaroes

NamibiaNamibia

ArgentinaArgentinaUSAUSARussiaRussiaNew ZealandNew Zealand

RestRest

Changes largely reflect quota adjustments

26%16%12%

3%

6%

4%

16%

9%

2%

6%

11% 1%

2%

3%12%28%

16%26%

Share of Imports

Volume Change

30%

77

Countries – AquacultureCountries – Aquaculture

Vietnam dominates in freshwater species but Vietnam dominates in freshwater species but Pangasius shrinks by 12% to 183 thousand Pangasius shrinks by 12% to 183 thousand tonnes of filletstonnes of fillets

Other whitefish species stableOther whitefish species stable

Salmon imports up 3% with Norway dominatingSalmon imports up 3% with Norway dominating

88

European MaritimeEuropean MaritimeAnd Fisheries Fund (EMFF)And Fisheries Fund (EMFF)

New financial instrument for EUNew financial instrument for EU

In the end-stage of political decision makingIn the end-stage of political decision making

Proposal bij European CommissionProposal bij European Commission

Vote in European Parliament in coming months.Vote in European Parliament in coming months.

99

European MaritimeEuropean MaritimeAnd Fisheries Fund (EMFF)And Fisheries Fund (EMFF)

Fund focus on innovation,Fund focus on innovation,sustainablility and regional economiessustainablility and regional economiesin fisheries,in fisheries,processing andprocessing andaquaculture.aquaculture.

1100

European MaritimeEuropean MaritimeAnd Fisheries Fund (EMFF)And Fisheries Fund (EMFF)

4.5 billion euro for 2014-2020. 4.5 billion euro for 2014-2020. Financing through European Financing through European Commission, Co-financing throughCommission, Co-financing through

Member StatesMember States

Fish consumptionFish consumptionrisingrising

In the future EU needs 1.4 million tons extra per In the future EU needs 1.4 million tons extra per year year

Need to secure long term supply of sustainable Need to secure long term supply of sustainable seafoodseafood

How to balance economic and ecologic needs? How to balance economic and ecologic needs?

1122

Extra fundingExtra fundingfor aquaculturefor aquaculture

and more and more efficient fishing efficient fishing

methodesmethodes

Complicated Complicated proceduresprocedures

EMFF regulation sets framework for funding

Member States set up National Operational Programme with stakeholders in fish value chain.Tenders for calls for proposals.

1144

Investment potentialInvestment potentialin EU?in EU?

Most fish sold throughMost fish sold through retail channel: need for stable retail channel: need for stable

volumesvolumes Requirements for fish sourcing and Requirements for fish sourcing and

logisticslogistics Fresh, sustainable fish.Fresh, sustainable fish. Strong processing/ trade sector in Strong processing/ trade sector in

EU to be partnerEU to be partner

In many EU countries seafood consumption is In many EU countries seafood consumption is relatively low, compared to other foodstuffs.relatively low, compared to other foodstuffs.

How to get seafood consumption up?How to get seafood consumption up?

1166

Consumer confidenceConsumer confidence

Maintain quality standardsMaintain quality standards Sound public policySound public policy Not unnecessarily waste product Not unnecessarily waste product

(discards)(discards) Responsible business for better Responsible business for better

reputation reputation Product developmentProduct development Marketing/ promotionMarketing/ promotion

1177

EU consumer waiting for EU consumer waiting for fishfish

www.aipce-cep.orgwww.aipce-cep.org

Are you ready to tacklethe issues?