From Holy week and Easter, the main consumption period for fishery products in Europe, is being celebrated early this year. Traders are stocking up quickly, as cold storage holdings in Europe are low for all major products. This strong demand is leading to higher prices in all leading markets. Notably, shrimp has suddenly regained popularity, after bleak demand which had characterized the whole of 2023; accordingly, its prices increased sharply. With regard to tuna, a decline in the prices of raw material revived demand for canned tuna, as processors were able to offer lower price levels.

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From Holy week and Easter, the main consumption period forfishery products in Europe, is being celebrated early this year.Traders are stocking up quickly, as cold storage holdings inEurope are low for all major products. This strong demand isleading to higher prices in all leading markets. Notably, shrimphas suddenly regained popularity, after bleak demand which hadcharacterized the whole of 2023; accordingly, its prices increasedsharply. With regard to tuna, a decline in the prices of rawmaterial revived demand for canned tuna, as processors wereable to offer lower price levels.