GLOBEFISH - Information and Analysis on World Fish Trade

European Price Report - July 2020

Year published: 2020

Overall, indications point to extremely low demand in Europe but the situation is improving in Asia. A curious feature of the impact of the COVID-19 pandemic is that bigger fish are selling at lower prices than smaller sizes. This is simply because bigger fish are generally favoured by the restaurant sector, where demand remains very weak due to the lockdown and the subsequent slow reopening, while smaller fish are directed to supermarkets and other retail outlets where demand is relatively better. The summer months are generally an important consumption period, especially for holiday resorts and restaurants in the major tourist regions. The situation is markedly different this year, however, as many restaurants in Spain and Italy have not reopened and even those that are open are reporting a significant reduction in customers. 

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