Processing

Brazil seafood processors postpone investments amid reduced demand, spiking inflation

Processors are looking to 2023 before considering spending on new plants and upgrades in the face of reduced consumption and higher interests rates and input costs.

Brazilian processors hit by soaring costs are abandoning investment plans for this year.
Brazilian processors hit by soaring costs are abandoning investment plans for this year.Photo: C. Vale
Published 21 June 2022, 10:00Updated 21 June 2022, 12:54
TilapiaABIPESCAEduardo Lobo