# Fish prices hit record heights in early 2018 on tight wild supplies and strong global demand

> FAO reports that fish prices reached record highs in early 2018 due to tight wild catch supplies and strong global demand. Aquaculture is expected to overtake capture fisheries within two years, and international seafood trade is projected to grow 8.3% in USD terms in 2018.

- Date: 2018-07-08 · published 2018-07-08T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/64112-fish-prices-hit-record-heights-in-early-2018-on-tight-wild-supplies-and-strong
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Tight wild fish supply supports fishmeal and fish oil prices, while growing aquaculture adds demand for plant and fish-based feed. The report is a general outlook with a modest direct price effect.

## Read by commodity

- FISHMEAL: bullish ▲

## Sources

- fao.org: https://www.fao.org/in-action/globefish/news-events/news/news-detail/Fish-prices-hit-record-heights-in-early-2018-on-tight-wild-supplies-and-strong-global-demand/en

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.