Issue 12/2020 December 2020 Season’s greatings to all our readers
Latest trends
Index for prices Groundfish
It will be a markedly different festive period for Christmas and New Year this year. Strict lockdown measures, including closures of restaurants, have been reintroduced in Germany, the Netherlands and the United Kingdom of Great Britain and Northern Ireland. While this will depress overall demand, it is likely that at-home seafood consumption, especially of luxury products, will receive a boost due to the necessity of homebound family celebrations. In the longer term, the anticipated rollout of several COVID-19 vaccines in 2021 has injected some more confidence into the sector, and society as a whole, and the hope is that we will now slowly revert back to normality. For products that have been severely impacted by COVID-19 restrictions in 2020, a gradual recovery is now expected to begin in the new year.
GROUNDFISH For wet-salted cod fillets from frozen raw material (Gadus macrocephalus), and wet-salted cod fillets (Gadus morhua) from fresh raw material of Faroese and Icelandic origin, consumption is dependent on COVID-19 developments. Although market players will typically stock up on product in advance, at present they are erring on the side of caution and keeping limited stock while monitoring the expected extent and duration of COVID-19 lockdown measures.
of changes in consumer purchasing habits. Instead of buying the more expensive “skrei” (spring cod from the Lofoten 1 region), consumers are turning to the less expensive saithe.
9
Flatfish
10
Tuna
11
Small Pelagics
11
Cephalopods
12
Crustaceans
13
Bivalves
15
Salmon
15
Trout
16
Freshwater fish
16
Non Traditional Species
16
Seabass-SeabreamMeagre
17
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.