« October 2012 Table of Contents
Editor's Note: What’s the per-capita fuss?
by Fiona Robinson
October 01, 2012
When seafood consumption figures are released, whether for Spain, China, the United States or any other country, the Monday-morning quarterbacks begin to crunch the statistics. Numbers are up? The industry is fulfilling demands of consumers hungry for the taste and associated health benefits that come with eating seafood. If the numbers are down, skeptics argue there is something wrong with the data or the way the numbers are calculated.
Spain’s annual seafood consumption is at 58.5 pounds and is forecast to rise to 62 pounds per capita next year (see A Fish Fiesta on page 20). There’s a steady flock of companies looking to get a piece of the revenue pie in the Spanish market. And at less than a quarter of Spain’s projected consumption is the United States, with seafood consumption at 15 pounds per capita in 2011, down from 15.8 pounds in 2010. The National Fisheries Institute says this is due to significant export growth and a population increase rather than Americans eating less seafood. But considering the price of seafood has gone up in the past few years, I’m sure that cost has had some impact on the amount of seafood being consumed.
Once the news cycle about consumption is over, what are buyers left to do? Their jobs are about flavor profile, product execution and profit margin, priorities that are not always in that order. Talk of per-capita consumption soon goes out the window. For those readers looking for more analysis of the per-capita conversation, look for continued coverage in the Top Story of the November issue of SeaFood Business.
Click on the animated cover below to read the full digital issue.