South American Hake & Hoki. Mario Inostroza President of EMDEPES, Chile
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1 South American Hake & Hoki Mario Inostroza President of EMDEPES, Chile
2 EMDEPES is the Chilean subsidiary of the Japanese fishing & aquaculture company NISSUI NISSUI s Main Business Units I. Marine Business Products II. Food Products Business III. Fine Chemicals Business IV. Engineering Business V. General Distribution Business
3 Sensitive Fishing Environment in Chile Biological Conditions of Chilean Fishing Grounds Sensitive conditions of Spawning Biomasses: Quota reduction & ban in main species; High levels of illegal fishing in some important fisheries; Scientific observers from the government on board, quantifying discarding levels; Commitment at the Industry level to initiate and promote MSC (or other) certification for all Chilean Fisheries. Political Pressure to modify the Fishing Law High social pressure to review & modify the new Fishing Law enacted in February 2013, as a consequence of several complaints from NGO, Communist Party and Artisanal Fishermen; Government signed an MOU with FAO, pursuing the assessment of the Fishing Law, in the context of the agreements and international best practices for sustainability and governance of the fisheries; On a parallel basis, the Government set up a working committee, where the suggestions from FAO will be incorporated, together with other measure under discussions.
4 Total Seafood Exports by Specie in Argentina 2015 U$S Total Exports by Specie (finished products) 17,1 % 3,2 % 3,4 % 48,1 % 10,5 % 17,7 % Shrimps Hubbsi Hake Illex Squid Scallops Patagonian Toothfish Others
5 South Pacific Hake Merluccius gayi gayi Hoki (Macruronus magellanicus) Argentine Hake (Merluccius hubssi) Southern Hake Merluccius australis Southern Blue Whiting (Micromesistius australis)
6 South Pacific Hake Merluccius gayi gayi Hoki (Macruronus magellanicus) Argentine Hake (Merluccius hubssi) Southern Hake Merluccius australis Southern Blue Whiting (Micromesistius australis)
7 SBW Case (Micromesistius Australis) Shared Stock between Chile, Argentina & Falklands SBW Pacific Stock: Chile SBW Atlantic Stock: Argentina Open access Closed access Target species, TAC ITQ (LMCA) ITQ (LTP) Open access TAC ITQ Source: Contreras 2015, IFOP. Source: Giussi et al. 2015, INIDEP. The quota established & the catch level have decreased significantly in the last years. Besides, the fishing season is delayed to start in the fishing grounds lately. Catch in Argentine and Chile are basically processed as Surimi, sold in Spain (for Spaniard, Lithuanian and French customers), as well as in Japan.
8 HOKI Case (Macruronus Magallanicus) Hoki Pacific Stock: Chile Hoki Atlantic Stock: Argentina Open access Incidental species in industrial trawling Incidental species in industrial purseine Closed access Target species in industrial trawling TAC ITQ (LMCA) ITQ (LTP) Open access TAC ITQ Source: Payá 2016, IFOP. Source: Giussi et al. 2015a, INIDEP. The quota established has decreased significantly in the last years, specially in the Chilean case, while in the case of the Argentinean stock the catch continue to be below the TAC, with a negative slope, mainly for economical reasons. The increased supply of Hoki from New Zealand has negatively affected the markets in China, Australia, Japan and Poland, pushing prices downward.
9 HOKI Case (Macruronus Magallanicus) Biological Status Source: Payá 2016, IFOP. Source: Giussi et al. 2015a, INIDEP. Pacific Stock: According to the last available assessment, the spawning biomass is located in the depleted zone, because its current level is lower than the minimum acceptable one (20% of the virginal spawning bionass, red line). Atlantic Stock: Although the stock is located below the red line, scientists report that the stock has a cyclical behavior, highlighting that at current levels, the status of the biomass is similar in comparison with the beginning of the period, reason why the situation of the stock is favorable in the long-term.
10 Argentine Hake Case (Merluccius Hubbsi) Source: Santos & Villarino 2015, INIDEP. Hubbsi remains very stable with a very good and healthy biomass. Already 6 years of stable catches showing that actual TAC is sustainable over the long term. Resource controlled by a mix of things: permanently banned fishing areas, inspectors & cameras on board, live tracking by satellite system of all boats in the fleet. No interest in the Argentine producers to move forward in the MSC certification.
11 South Pacific Hake Case (Merluccius Gayi Gayi) Open access TAC Closed access ITQ ITQ (LMCA) (LTP) Source: Tascheri et al. 2015, IFOP. Source: Tascheri et al. 2015, IFOP. The Biological Reference Points to establish the status of the specie, are based according to the Maximum Sustainable Yield. Based on the last available assessment, the spawning biomass is located in the depleted zone, because its current level is lower than the minimum acceptable one (20% of the virginal spawning bionass, red line). Main issue is the existence of illegal fishing, which has been very hard to control and eradicate.
12 Southern Hake Case (Merluccius Australis) Open Access Closed Access TAC ITQ (LMCA) ITQ (LTP) Source: Quiroz 2016, IFOP. Source: Quiroz 2016, IFOP. After a period of decrease in the biomass, affected by illegal fishing, the specie is showing signs of recovery, which has allowed to increase the fishing quota in 2015 & 2016, being possible to expect another quota increase in The status of this resource is over exploited, being located currently at 30% of the virginal spawning biomass. All in all, main problems are based in the commercial area, considering that the Iberian Peninsula, the main target market, is flooded by Spanish Hake. In fact, the quota of Merluccius Merluccius has increased from tons in 2008 up to tons in 2016, pushing prices down all across the market.
13 Thanks
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