Brazil's Prime Seafood expects year of retrenchment in tough trading conditions

The company's lower expectations come as consumers are cutting back on seafood purchases in the United States as the cost of living crisis bites.

Eduardo Lobo, a partner in the Prime Seafood export business, said investments will have to wait until 2023, given the current difficult trading outlook in Brazil.
Eduardo Lobo, a partner in the Prime Seafood export business, said investments will have to wait until 2023, given the current difficult trading outlook in Brazil.Photo: Brazilian Senate
Published 6 July 2022, 07:01Updated 6 July 2022, 13:09
BrazilABIPESCAPrime SeafoodEduardo LoboInflation