Issue 3/2019 March 2019 Index for prices
Latest trends Demand has started to pick up after a sluggish start to the year. Traders are only now starting to build up stocks for Lent, one of the main consumption periods, which is starting later than usual this year. Prices for several products have reached record levels, and further price hikes are likely to materialize in April. The overall outlook for capture fisheries is bleak, with groundfish and cephalopod resources under stress at a global level, and significant quotas cuts have been decided for this year. High prices are reported for bivalves, crab and lobster and even though aquaculture production is still growing, prices are rising for many farmed seafood products. Prices for tuna, a true global commodity, are also heading upwards due to the various fishing bans currently in place all over the world.
GROUNDFISH In Poland, cod catches are limited with moderate demand and prices have fallen. quotas have been reduced for 2019, which will lead to Groundfish price increases. In Poland, demand is currently limited but catches have been COD poor -recently and prices have started in Poland (FOB, origin: Baltic Sea) to move up. USD/kg 2.4 2.2 1.9 1.7 1.4 1.2 0.9
Fresh gutted
1
Groundfish
7
Flatfish
8
Tuna
10
Small Pelagics
10
Cephalopods
11
Crustaceans
15
Bivalves
18
Salmon
19
Trout
20
Freshwater fish
21
Non Traditional Species
22
Seabass-SeabreamMeagre
23
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.