GLOBEFISH - European Price Report - Oct 2018

Page 1

Issue 10/2018 October 2018

Latest trends

Index for prices

The market is preparing for the Christmas sales period and demand is picking up. Prices are rising both for wild-caught species, such as cod, haddock, herring and octopus, and for aquacultured species such as mussels, oysters and cultured shrimp. Fishing quotas for the most important wild stocks will be reduced in 2019, and this should lead to further price hikes in the opening months of next year. The relatively weak euro is diminishing European importers’ ability to compete on the world market, while at the same time Chinese buyers are increasing purchases from all suppliers other than the United States of America due to the ongoing trade war.

GROUNDFISH In Poland, cod prices have fallen back from the high levels reached last month while in Sweden, haddock prices have increased. In general, prices are trending upward for all types of groundfish products, from fresh to frozen to salted and dried.

Groundfish

8

Flatfish

9

Tuna

11

Small Pelagics

11

Cephalopods

12

Crustaceans

16

Bivalves

19

Salmon

20

Trout

21

Freshwater fish

22

Non Traditional Species

23

Seabass-SeabreamMeagre

24

The European Fish Price Report, based on information supplied by industry correspondents, aims to provide guidance on broad price trends. Price information is indicative and should be used only for forecasting medium- and long-term trends. FAO is not responsible for any errors or omissions.

COD - in Poland (FOB, origin: Baltic Sea) USD/kg 2.4 2.2 1.9 1.7 1.4 1.2 0.9

Fresh gutted

1


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