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In September, the summer holidays are over in Europe, and importers are preparing for the Christmas sales period. However, the market is very volatile, as the impact of inflation on the seafood market, including during the main festivities, is likely to be severe. Prices of seafood are generally going up, with a few exceptions, which include cod products and shrimp, for which demand continues to be low. In the present European Fish Price Report, some...
Inflation continues to decline in the European area, but disposable income is still impacted, especially given the varying price recovery patterns and the sharp rise in mortgage interest rates over the past year. The overall demand for seafood is surprisingly low even compared to last year, which was not a particularly strong year in terms of demand. As a result, many prices of fish products are decreasing. Only the higher valued items, such as lobsters...
Cost of production continues high for the capture fisheries, despite a general decline in fuel prices. Despite this, and despite the strong demand that characterises the summer period, prices started to trend downwards in the European market. This is especially surprising for fish products used in the hotel, restaurant and catering (HORECA) sector, such as squid, shrimp, and octopus. In this issue of the European Fish Price Report, more prices moved down (31 percent) than...
May edition, with prices and analysis for major commodities. Introduction: The Southern European traders are preparing for the summer months, which are expected to see high consumption mainly due to increased tourists presence, after three years of COVID-19 restrictions. Prices are high for high-end products, such as demersal fish, cephalopods and shrimp. Inflation in Europe has started to decline, but for food items it is generally still exceeding 10 percent, and for many seafood products, prices are...
Easter was the main consumption period of seafood, especially in the Southern part of the continent. Prices are still going up as consumer interest continues strong, and practically all price levels are accepted by the consumers. In the present issue of the European Fish Price Report, prices increased for 25 percent of the recorded prices; for 20 percent they declined, while 55 percent stayed stable. Overall, salmon prices fell somewhat after the sky-high levels reached...
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