1. EU PROCESSORS AND IMPORTERS EU PROCESSORS AND IMPORTERS AIPCE-CEP AIPCE-CEP Guus Pastoor, President Guus Pastoor, President Investment in EU Fisheries Sector? Vladivostok, September 13, 2013

2. EU Processing and Trade 4.4 million tons > > 23 billion € 130.000 people 4.000 companies 15 million tons/ year total supply EU 13 million tons/ year EU consumption 9.6 million tons/ year 9.6 million tons/ year EU imports third countries

3. 3 Import statistics EU  Total market supply is static at around 14.5m tonnes* Largest single market for fish  Imported share has grown to 9.500 million tonnes and equals 65% of total supply  Whitefish import dependency has stayed level at 89% for wild capture consumption  Inclusion of aquaculture products maintains >91% for overall whitefish

4. 4 Wild Capture Whitefish  Wild capture has expanded by 162 thousand tonnes with EU catch marginally increased despite quota cuts  Cod is No1. species and is now above 1 million tonnes WFE  Pollock resurgent after quota increase in US moving up 18% to 850 thousand tonnes  Haddock reaches new peak in Finfish Study time series

5. 5SPECIES Cod Saithe Haddock Hake Redfish Alaska Pollock Pangasius Cod Saithe Haddock Hake Redfish Alaska Pollock Pangasius Very low EU Self-sufficiency in all Major Whitefish species 14% 29% 21% 11% 25% 0% 0%

6. 6 Countries – Wild Capture China Norway Iceland Faroes China Norway Iceland Faroes Namibia Namibia Argentina USA Russia New Zealand Rest Rest Changes largely reflect quota adjustments 26% 16% 12% 3% 6% 4% 16% 9% 2% 6% 11% 1% 2% 3% 12% 28% 16% 26% Share of Imports Volume Change 30%

7. 7 Countries – Aquaculture  Vietnam dominates in freshwater species but Pangasius shrinks by 12% to 183 thousand tonnes of fillets  Other whitefish species stable  Salmon imports up 3% with Norway dominating

8. 8 European Maritime And Fisheries Fund (EMFF)  New financial instrument for EU  In the end-stage of political decision making  Proposal bij European Commission  Vote in European Parliament in coming months.

9. 9 European Maritime And Fisheries Fund (EMFF) Fund focus on innovation, sustainablility and regional economies in fisheries, processing and aquaculture.

10. 10 European Maritime And Fisheries Fund (EMFF) 4.5 billion euro for 2014-2020. Financing through European Commission, Co-financing through 4.5 billion euro for 2014-2020. Financing through European Commission, Co-financing through Member States Member States

11. Fish consumption rising  In the future EU needs 1.4 million tons extra per year  Need to secure long term supply of sustainable seafood  How to balance economic and ecologic needs?

12. 12 Extra funding for aquaculture and more efficient fishing methodes

13. Complicated procedures EMFF regulation sets framework for funding Member States set up National Operational Programme with stakeholders in fish value chain. Tenders for calls for proposals.

14. 14 Investment potential in EU? Investment potential in EU?  Most fish sold through retail channel: need for stable volumes retail channel: need for stable volumes  Requirements for fish sourcing and logistics  Fresh, sustainable fish.  Strong processing/ trade sector in EU to be partner

15. In many EU countries seafood consumption is relatively low, compared to other foodstuffs. How to get seafood consumption up?

16. 16 Consumer confidence  Maintain quality standards  Sound public policy Not unnecessarily waste product (discards) Not unnecessarily waste product (discards)  Responsible business for better reputation  Product development  Marketing/ promotion

17. 17 EU consumer waiting for fish EU consumer waiting for fishwww.aipce-cep.org Are you ready to tackle the issues?