China Looks for Middle East Caviar Market Breakthrough at SEAFEX 2016

Morocco World News

Dubai - China’s ambition to be a world leader in caviar production will be in full evidence at SEAFEX, the region’s first professional seafood show, which runs at Dubai World Trade Centre (DWTC) from 7-9 November 2016, as the country’s seafood industry serves up fish roe delicacies for the first time in a highly-targeted Middle East promotion.

According to the China Daily newspaper, China now accounts for 20 per cent of world caviar output, with the country’s sturgeon growers moving to plug gaps left by poaching, overfishing and pollution in traditional markets. The growth in Chinese caviar exports is expected to help meet surging international demand, which has risen by 10.8 per cent in the last five years.

China is driving huge investment in sturgeon and caviar processing facilities with ‘Made in China’ caviar being served in the first-class cabins of international airlines and sold in some of the world’s finest restaurants throughout the West and Asia. The country last year grew its caviar exports by 50.5 per cent to a value of US $18.2 million.

Now the Chinese seafood industry has its eyes on the Middle East market, with caviar producers among 21 Chinese seafood companies housed in a national pavilion at SEAFEX 2016.

China Looks for Middle East Caviar Market Breakthrough at SEAFEX 2016

DWTC, the SEAFEX organiser, says in looking for a breakthrough into the Middle East – where the UAE is the largest market for caviar at around 20 tonnes a year - Chinese producers are coming to the right place at the right time.

“At a regional level, caviar is mainly sold to hotels, upscale restaurants and airlines, specifically in the UAE, Saudi Arabia and Qatar. There is growing demand for luxury products and strong disposable income levels across the region indicate continued scope for growth,” said Andrew Pert, Show Director, Exhibitions & Events Management, DWTC.

Conversely, the UAE is now among the world’s top exporters of caviar with some US $3.3 million worth - or 4 per cent of the international business - now leaving the country. Dubai’s unrivalled regional re-export capacity represents a key attraction for Chinese producers leveraging SEAFEX to gain a foothold in the regional caviar market, according to Pert.

“With Dubai’s world-class trading and logistic infrastructure, the emirate is perfectly positioned to serve as Chinese caviar producers’ primary re-export hub for reaching growth markets across the Middle East and Africa,” added Pert.

November marks China’s fourth appearance at SEAFEX which this year will see 145 brands from 25 countries vie for a share of the US $272 million Middle East and North Africa seafood market, according to a report by the United Nations’ Food and Agricultural Organisation (FAO). The same report predicts GCC demand for fresh fish products is expected to grow approximately 8 per cent per annum up to 2030.

This year’s show will span 4,500 square metres, up 12.5 per cent on last year, with new exhibitors from the UK, Norway, the USA, UAE and Vietnam helping to grow year-on-year exhibitor figures by 11 per cent. China is one of 13 national and industry pavilions at the show, which also includes newcomers the Philippines and Mauritius.




  • The Moroccan Gold Eldorado

    The Moroccan Gold Eldorado, a Myth or a Reality?

    Rabat - Recently, a conspiracy theory video about a large gold discovery in Morocco is making rounds online. The video claims that a substantial gold reserve was discovered and is being extracted by a Canadian mining company called Maya Gold and Silver. We Moroccans are very proud human beings, we love our country and cherish...

  • Qatar's Emir Sheikh Tamim bin Hamad Al-Thani

    Qatar: How the Tables Are Turning in The Gulf

    Rabat - Amidst harsh sanctions and a long list of demands from its neighbors, Qatar’s ability to thrive under pressure may prove to be problematic for Saudi Arabia. As Saudi Arabia and its coalition attempt to wait out Qatar, the recent spat in the Gulf continues to become more and more global, and severely against...

  • FILE - In this Jan. 20, 2015 file photo, a plume of steam billows from the coal-fired Merrimack Station in Bow, N.H. If the nation doesn’t do more, the U.S. probably won’t quite meet the dramatic heat-trapping gas reduction goal it promised in last year’s Paris agreement to battle climate change, according to a new study. (AP Photo/Jim Cole, File)

    Climate Change : If You Can’t Measure It, You Can’t Fix It

    Chefchaouen - Climate change is happening at home and around the world. Chefchaouen is doing its part by embracing clean energy climate solutions and engaging its citizens in climate action. When it comes to fighting climate change, cities and local leaders are best positioned to lead that charge. Local leaders from coastal to landlocked communities are...

  • 20

    India Orders Internal Probe into Mistaken Use of Morocco-Spain Border Picture

    Hyderabad - The Indian Ministry of Interior on Wednesday ordered an internal investigation to find out how a picture of Morocco-Spain border was used in its annual report to show floodlights along the India-Pakistan border. What is most embarrassing is that the annual report of previous years was tabled during the Budget Session of Indian...

  • Amid Growing Tension, Thousands of Moroccans Stage Pro-Rif March in Rabat

    Neglect in Harsh Soil: The Deep Roots of the Rif Crisis

    Rabat - The ongoing protests in northern Morocco started almost eight months ago, but they have their origin in nearly a century of violent repression by the state. The Rif has, in spite of itself, got involved into a peaceful revolt since the death of the fishmonger Mohcine Fikri at the end of October 2016, a...

  • Tamim Bin Hamad al Thani emir of Qatar

    The Qatar Crisis: What Does It Mean?

    Rabat - The recent diplomatic fallout between Qatar and the rest of the Middle East could have serious economic and geopolitical consequences across the globe. Earlier this week, Qatar’s diplomatic crisis took an extreme turn as several Arab states severed diplomatic ties with the Gulf nation.  The original list of countries in the coalition against...

  • Moroccans spend Laylat al-Qadr, the 26th day of Ramadan, at the Hassan II mosque in Casablanca.

    Ramadan: Not just Abstinence from Daily Intakes 

    By Abdellatif Oudra Rabat - The observance of Ramadan, one of the five pillars of Islam, compels Muslims to fast from sunrise to sunset. But it is not just about abstaining from food or drink.  Ramadan, the ninth month of the Islamic calendar, is observed in commemoration of the revelation of Qur’an to the prophet Mohammad,...

  • Morocco Threatens to Terminate Agriculture Agreement with Europe

    Morocco and the EU: Managing the Future

    Rabat - Morocco enjoys proximity to Europe and is at an advantage of being favoured by the European Union as a close partner on political, economic, and cultural levels. Historical archives and political legacies tie Morocco directly with at least three influential European countries: France, Spain, and England. Demography, kinship, and immigration compel other EU...

  • The Educational and Cultural Implications of the Arab Spring

    The Educational and Cultural Implications of the Arab 'Spring'

    Rabat - In the last ten years or so, the Arab world has seen unprecedented collapses in the realms of politics and economy, among others. World NGOs regularly release area-specific rankings, in which Arab nations commonly rank at the bottom of lists in education, human rights, and income for instance while they top those of...

  • Thousands Hold Peaceful Demonstration in Memory of Mouhcine Fikri

    Al Hoceima and the Pedagogical Exercise

    Ottawa - What makes a democracy different from non-democracy? This is the classical and historical question asked by philosophers over the centuries and deeply questioned in the discipline of political science. Democracy cannot prevent inequality as the case in the United States where inequality is the highest globally. Democracy cannot stop corruption like in Brazil...