Agar accounted for 2.9 per cent of algae-based products in the first four months of the year. (Photo: Proagar)
Algae exports remain stable
Thursday, July 08, 2010, 01:50 (GMT + 9)
The Institute of Fisheries Development
(IFOP) reported that in April 2010 exports of products made from seaweed totalled USD 59 billion, representing an increase of 3.5 per cent over the same period in 2009.
According to the IFOP Fishery Exports Bulletin, total algae products sent abroad in the fourth month of this year reached 7766 tonnes, 2 per cent more than in April 2009.
The average FOB price of seaweed sold abroad between January and April 2010 was USD 2,556 per tonne, a value which represents an increase of 15 per cent over the same period in 2009.
In the first quarter of this year, the main algae-based products exported were dried algae (87.7 per cent), carrageenan (6.7 per cent) and agar (2.9 per cent).
Overall, sales of dried seaweed decreased by 12.9 per cent over the same period last year.
According to the detail in the IFOP bulletin, the income generated in the period from January to April of 2010 placed the export of dried seaweed in the first place with a 39.9 per cent share.
It was followed by carrageenan, with 26.8 per cent, and the agar, with 18.8 per cent.