From 1 January to 15 December 2023, exports of fish and seafood from the Russian Federation amounted to 2.08 million tonnes, according to the Customs Service statistics and Rosselkhoznadzor's Argus information system. This represents a 30 percent increase over the same period in 2022, when Russian exports of fish and seafood were just over 1.6 million tonnes. China has become the largest export destination; the seafood shipments to this country have increased almost three times,...

After the Christmas rush, the European fish market came to a standstill in January 2024, which is a normal feature for this time of the year. Demand is slow, and prices have declined from the high levels reached in December 2023. The recent tense developments in the Red Sea are likely to have a strong impact on fish trade in the world market; significant increases in price levels are expected, after the normalization that had characterized...

Production to remain stagnant in 2023. In what has proven to be a challenging year for the fisheries and aquaculture sector, with supply generally tight, weak demand and notable shifts in trade patterns. Economic factors, particularly inflation and changing consumer preferences, are influencing the industry, resulting in stagnant consumption and production. Read more in the full publication.

The FAO GLOBEFISH Chinese Fish Price Report, based on information supplied by industry correspondents, aims to provide guidance on broad price trends. In the last years, China remained the top fish producer in the world with strong linkages with this historical evolution growth of aquaculture vis-à-vis wild capture fisheries. In addition, China is a country where international trade plays a significant role in fish and fish products. The Chinese Fish Price Report fills an existing gap...

The inflation rate in the Euro Area declined to 2.4 percent year-on-year in November 2023, reaching its lowest level since July 2021, this rate compares to 2.9 percent in October and 4.3 percent in September. In this European Fish Price Report, 55 percent of the prices were stable compared with November 2023, 22 percent went up and 23 percent went down. Read more in the full report