Economic downturn effects on the seafood industry
date:Jan 23, 2013
by unfavorable national regulations, including a 25 percent increase in the rate of VAT on seafood in Spain in 2012, and changes to the social security system for artisanal fishers and fish workers in Italy.

Imports have been affected, with tilapia fillets to Spain for example dropping from 11,400 metric tons (MT) in 2011 to 6,200 in 2012, and sales of chilled cheaper species such as farmed sea bream and seabass, taking the place of European Hake, monkfish and turbot.

With seafood consumption
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