A recent World Bank analysis has highlighted the potential of Argentina's aquaculture sector, focusing on pacú, rainbow trout, and mussels. These species are seen as potential pillars for a new blue economy that could create jobs, provide healthy food, and generate foreign exchange.
Despite Argentine aquaculture producing over 6,000 tons of feed in 2022, it still lags behind other countries with similar natural conditions. The study, supported by PROBLUE—a multi-donor trust fund managed by the World Bank—identifies strategies to help Argentina maximize its marine resources.
Argentina boasts 6,500 km of coastline and 40,000 km² of inland waters. Beyond these natural assets, the country’s human advantages present significant opportunities for environmentally friendly farming systems. These include an abundance of raw materials from agriculture that can be transformed into high-value animal proteins through aquaculture without relying on imports.
The legal framework and existing infrastructure also support this growth. Law 27.231 and the national program PRONADAC provide a foundation for sustainable development in the sector. Additionally, existing processing plants and communication networks facilitate production and commercialization.
Argentina's experience with species like trout and pacú is backed by scientific support from networks such as REFACUA. This positions the country to innovate and adapt solutions to local conditions.
To harness this potential fully, investment in research and development is necessary to explore new farming technologies that optimize production while minimizing environmental impact. Supporting small-scale producers will ensure equitable distribution of benefits within the industry.
Public-private collaboration is crucial for driving sector development through partnerships between government entities, businesses, and local communities.
The "Supporting the Sustainable Development of Argentine Aquaculture" program analyzed value chains for key species in Argentine aquaculture. It identified technological challenges specific to each species but affirmed Argentina's capability to lead globally in sustainable aquatic food production.
By leveraging its natural resources along with large-scale production expertise and sustainability commitments, Argentina aims to contribute significantly to global food security while safeguarding ocean health for future generations.