Topic
seafood
Commodities Cod Prices Surge Amid Supply Challenges and Consumer Loyalty
Cod prices have surged to unprecedented levels due to fishing quotas and geopolitical tensions, forcing UK fish and chip shops to diversify their offerings. Despite the price hike, consumer loyalty to cod remains strong.
Trade India Aims for $30 Billion Seafood Export by 2031
India's Commerce Minister Piyush Goyal announced a target to increase seafood exports to $30 billion by 2031, emphasizing value addition and quality. The strategy includes leveraging free trade agreements and reducing raw shrimp imports.
Trade India–Oman CEPA Boosts Seafood Exports from Chennai
India's first chilled fish consignment to Oman under the India–Oman CEPA was dispatched from Chennai on June 1, 2026. The agreement eliminates import duties on marine products, enhancing India's competitive edge in the Gulf region.
Trade India's Seafood Exports Reach Record High in 2025-26
India's seafood exports reached a record 19,72,018 metric tonnes worth ₹73,890.46 crore ($8.46 billion) in 2025-26. The United States and China were the top importers, with frozen shrimp leading the export basket.