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GLOBEFISH - Analysis and information on world fish trade

European Price Report - September 2017

Year published: 2017

Monthly prices for about 600 fish products and an overview of the major trends on the European market, reported by an extensive correspondent network.

September 2017.

Abstract: Holiday season is over in Europe, following a summer that was the first 'normal' summer, with plenty of people going on holidays, since the 2008 economic crisis. Demand for seafood was strong and prices were up for all the major species. Demand in September has cooled somewhat, however, and will stay this way until the year-end rush starts in late October or early November. Prices for most species have started to soften as result, although tuna prices are a notable exception as they are seting new records in September. At the same time, the strength of the euro has been helping European traders secure good supply volumes from external suppliers.

During the first week of September, 34 country delegations met in Busan, Republic of Korea, for the FAO COFI Sub-Committee on Fish Trade. The themes discussed included Marine Protected Areas and their impact on fish trade, climate change, small-scale fisheries and post-harvest loss reduction. The delegates reiterated the importance of the work of FAO in capacity building in developing countries and the importance of the Agreement on Port State Measures to Prevent, Deter and Eliminate Illegal, Unreported and Unregulated Fishing.

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