Global production from capture and aquaculture was 177.8 and 91.3 Million MT respectively in 2019. Total export trade value was 160.5 billion US$ and volume was 64.3 Million MT. Global fish consumption also increased (9.0Kg to 20Kg) at an annual average rate of 3.1% during 1961-2018 period. Meanwhile, global population will be 9.8 billion by 2050 and (GLOBEFISH Highlights Jan 2020 and SOFIA 2020). To meet the increasing demand of cost-effective and nutrient enriched protein from the aquatic food production systems for increased number of population (especially for the children and pregnant women) farmers need to grow more fish. During the ongoing global pandemic, key seafood supply chain actors faced an unprecedented impact that enabled them to move with the digital innovations (e.g. e-commerce, mobile apps etc). Moreover, aquaculture industry needs more productive and efficient technological solutions to resolve the existing production risks and transforming the sector towards sustainable intensification.
Topic: Technological Innovations And Developments In Aquaculture
Mr. Sujit Krishna Das
Topic: INFOFISH and Updates on the Impact of COVID-19 on the Markets and Trade
Ms. Shirlene Maria Anthonysamy
Ms. Rose Chitanuwat
Group Director – ASEAN