Issue 4/2019 April 2019 Index for prices
Latest trends The usual increase in seafood trade accompanied the arrival of Lent this year, leading to higher prices for all major products. Groundfish is in particularly low supply, and prices continue to rise. Two prominent political issues are likely to impact trade in the coming months. The first is the outcome of ongoing Brexit negotiations, for which the deadline has been extended until 31 October. If no agreement is reached between the EU28 and the UK, then the two thirds of UK’s seafood exports currently destined for the EU28 would be subject to high tariffs. The other issue is the announcement by the administration of US President Donald Trump on 8 April that it will consider imposing new tariffs on products imported from the EU28, with seafood products on the list of imports that may be subject to duties.
GROUNDFISH Polish cod catches have been moderate while demand has been strong in anticipation of the Easter festivities, and as a result, prices have Groundfish quotas have been reduced for 2019, which will lead to increased sharply. price increases. In Poland, demand is currently limited but catches have been poor recently and prices have started to move up. 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
Groundfish
7
Flatfish
8
Tuna
9
Small Pelagics
10
Cephalopods
11
Crustaceans
12
Bivalves
14
Salmon
15
Trout
16
Freshwater fish
16
Non Traditional Species
17
Seabass-SeabreamMeagre
18
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.