Clearwater Seafood - Economic Impact and Strategic Partnerships
Price Growth Thesis
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Wild-caught seafood price-growth has the
potential to outperform other proteins,
participating in China's per capita income growth
From 2010-2018, Clearwater sales (expressed in
USD) are ~80% correlated to China per Capita
GDP growth rates (measured in PPP)
The supply of wild caught seafood is constrained;
declining where not fished sustainably
Pricing potential derives from:
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Mainland China: Forecasted
per Capita GDP Growth Rates (PPP)
7.9%
7.8%
7.6%
7.4%
7.5%
2019
2020
2021
2022
2023
Source (China GDP based on PPP per capita): IMF World
Economic Outlook
Quality differentiated products (lower substitution risk)
Long-term access to supply through Licenses and sustainable harvesting
Increasing wild-caught seafood scarcity
Growing demand and high customer intimacy
Clearwater
Long-term price growth from differentiated products;
limited supply; long-term demand growth
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