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...

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...

The expansion of aquaculture will persist and is envisaged to reach 96 million tonnes in 2023, approximately a 2.8 percent rise from 2022. However, this projected growth rate is slightly lower than the sector's historical average; between 2015 and 2021 year-on-year growth averaged 3.7 percent between 2015 and 2021. While the growth of species like salmon and tilapia has decelerated, others such as pangasius and shrimp are undergoing progressive expansion. Escalating production costs, particularly for...

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...

2nd issue 2022, with January-December 2021 Statistics. The publication contains a detailed quarterly update on market trends for a variety of major commodities, as well as analysis of the impact of COVID-19 on the main produced species. Combining the price information collected for the European Price Report with other market survey data collected by FAO GLOBEFISH, the report provides a detailed update on market trends for a variety of major commodities. Key market data is...