China’s aquaculture production to stagnateStaff Writer | January 12, 2018
China’s aquaculture production is forecast to start stagnating due to factors including the introduction of more stringent environmental legislation, according to Rabobank.
Asia Water pollution crisis
As a result, the report predicts that China’s current $10 billion seafood surplus is likely to decrease over the next decade.
In terms of aquaculture, disease, pollution and an increasing shortage of cheap labour are all highlighted in the report as having a negative impact.
Indeed, the country’s ageing population is resulting in the workforce shrinking by 3-4 million people a year, which is helping to drive up wages and increase production costs.
Meanwhile, outbreaks of disease are causing China’s shrimp industry to stagnate or even decline.
Combatting disease is also increasing the cost of production, while the need for the use of antibiotics, for example, is denting consumer confidence in China-produced shrimp.
Moreover, China’s recent water pollution crisis has led to a tightening of environmental legislation and a restriction on the areas that can be used for aquaculture and the closure of a number of fish farms. ■