LATEST TRENDS. Issue 12/2015 December GROUNDFISH

Transcription

1 Issue 12/2015 December LATEST TRENDS The euro was extremely weak in early December and this had an impact on fish trade, especially for those suppliers quoting in US dollar. The overall market situation is quite bleak, due to the terrorist scare. Thus sales are slow and importers that had built up inventories in view of the holiday period, have difficulties in finding a market. Overall prices declined for all main fish species. GROUNDFISH Index for prices Groundfish 8 Flatfish 10 Tuna 11 Small Pelagics 12 Cephalopods 13 Crustaceans 15 Bivalves 18 The year has been a very positive one for the groundfish industry, with prices rising strongly and demand far exceeding supply. In December, however, conditions changed and the majority of prices for groundfish species began to fall. This is related to expectations for increased catches in 2016, which will put total groundfish production tonnes higher than in Market demand for US produced Alaska pollock fillet blocks in Europe is stagnating due to the weaker euro and prices in US dollar have remained flat. However, demand should increase when the euro strengthens. Prices for minced Alaska pollock are being driven upwards as demand for minced-based product increases and supply tightens due to increased surimi production and strong demand from Asia. The price outlook for both minced Alaska pollock and low-grade surimi is positive and this trend is likely to continue in 2016, reflecting a gap between demand and supply. The outlook for high-grade surimi, in contrast, is weak. Salmon 19 Trout 20 Freshwater fish 20 Non Traditional Species 21 Seabass-Seabream- Meagre 21 The European Fish Price Report, based on information supplied by industry correspondents, aims to provide guidance on broad price trends. Price information is indicative and should be used only for forecasting medium- and long-term trends. FAO is not responsible for any errors or omissions.

2 Prices for Merluccius productus for the new season have changed very little compared with last year s prices, but due to the weaker euro this species is becoming quite attractive to buyers. Prices for Merluccius capensis mince blocks remain stable while the market for Merluccius gayi from Peru is picking up after a 6-week fishing ban. There is currently extremely limited availability of Alaska pollock on the Vladivostok wholesale market, while on the Moscow wholesale market demand is stable and supply in the warehouses is reportedly sufficient to meet demand. Demand for saithe products is reported to be weak and prices have started to drop. The Polish market for cod is growing. Previously, Poland was known for importing cod from Norway to process into fresh and frozen fillets for exports. However, Poland is now consuming half of the imported cod itself. In 2014, Poland imported almost tonnes of cod. In addition, the country landed almost tonnes. Of the total, just COD - in Poland (FOB, origin: Baltic Sea) EUR/kg Fresh gutted over tonnes were exported or re-exported, leaving a domestic consumption of cod to total some tonnes. This represents a 31% increase compared with 2013, and is double the amount consumed in It is expected that this trend will continue also in During the first half of 2015, cod consumption in Poland increased by some 11.5%. Overall prices of domestically produced cod declined during the past four years from USD 1.90/kg to USD 1.40/kg at present, reflecting the influx of higher quality cod from the Atlantic TUNA - BILLFISHES The tuna market remains depressed and skipjack tuna prices have declined further, slipping below USD 1000/tonne in all markets. Yellowfin prices have been stable, however. The short-term outlook is for moderate improvement for the coming months. TUNA - Pacific Ocean USD/kg Skipjack Bangkok CFR Skipjack Ecuador, ex-vessel 2

3 Fishing in the Western and Central Pacific is slowing down slightly while Thai Canneries report healthy raw material inventories. Production activities continue to be slow due to weak demand for finished goods. Most Thai canneries will be closed for 1 week at the end of the year for annual maintenance. The second IATTC veda closure of two months started on 18 November 2015 and about half of the fleet is tied up. Fishing is moderate for those vessels that opted for the first closure. Raw material inventories at local canneries in Ecuador have fallen to moderate levels as demand for finished goods has improved slightly. However, reports suggest that demand from Brazil and Europe is still weak. Vessels in the Indian Ocean continue to experience slow-to-moderate fishing, catching mostly skipjack. Raw material inventories at local canneries remain adequate. Fishing in the Atlantic Ocean continues at a moderate-to-good level while local canneries report healthy raw material inventories. A slight increase in demand has helped to raise European prices for whole tuna while prices for tuna loins have stayed firm. TUNA - Indian/Atlantic Oceans EUR/kg TUNA - Loins USD/Kg Skipjack, Seychelles, FOB Skipjack, Abidjan ex-vessel Skipjack - frozen cooked loins, single cleaned, Spain/Italy DDP Yellowfin - frozen cooked loins, double cleaned, Italy DDP Yellowfin, Seychelles, FOB Yellowfin, Abidjan, > 10 kg, ex-vessel SMALL PELAGICS There is a high demand for Pacific herring on the Moscow market, especially for larger size herring (300+). Weaker sales in the Far East have led to price decreases in this part of the world. Peru now expects the El Niño weather pattern, a phenomenon associated with extreme droughts, storms and floods, to become "moderate" in the coming months instead of "strong" as previously forecast. This is good news for the Peruvian fisheries industry, as a strong El Niño impacts the anchoveta resource and the associated fisheries. Thus production during will be higher than anticipated. 3

4 CEPHALOPODS Octopus demand is poor at the moment and packers are building up stocks in expectation of higher prices later this month. Japanese demand for octopus is generally very good during the New Year s festivities, and SQUID - in Italy, origin: South Africa packers are hoping for improved sales over this period as the European EUR/kg 8.0 market is likely to stay weak The giant squid market is somewhat inactive as Chinese demand for boiled 4.0 products is still short and the market for 3.0 raw giant squid products remains very depressed due to heavy landings from Chinese vessels. The Spanish market Squid - Whole, FAS, size M situation seems to be similar, with slow demand and low prices. The loligo squid season has not started yet, but the forecast is also for weak demand and a hesitant market. CRUSTACEANS Shrimp prices declined sharply during the past month, partly reflecting the negative impact of the Paris terrorist attacks on the European shrimp market. The relative strength of the US dollar, especially during the beginning of the month, has been favouring countries quoting in dollars such as Ecuador, India and Indonesia. Demand from the market is focused on middle and smaller size due to high prices for larger sizes. WHITELEG SHRIMP - origin: Ecuador USD/kg pc/kg 6.90 In general, raw material supply of shrimp is low, but demand is sluggish. The overall climate in Europe is not favourable for shrimp consumption during the festive period, generally a restaurant specialty, and packers are having difficulties reconciling the market price with that of raw material. Lobster prices are firm due to lower landed volumes and good demand. There is limited availability of live lobster on the market. 4

5 Crab prices increased towards late November. Cumulative landings are still well below 2014 levels at French auctions (-36% in volume by late November for cm size) due to a colder spring and a late start to the fishing season. Live crustaceans stocks are low as a result. BIVALVES Bouchot, Rope and Dutch mussels are now widely available on the French market. Label Rouge rope mussels from Charente and organic Bouchot mussels from Chaussey are amongst this year s innovative mussels products on display in French supermarkets and they are stimulating consumer interest. Mussels from Spain are sold in MAP trays and are well accepted by the market as a low price option. Sales of large-sized oysters over the summer period are reported to have resolved much of the excess large oyster stocks which have been available since earlier in the year. According to Ifremer, summer survival rates have improved this year. Prices are expected to be firmer as we move through December due to retail promotions in traditional markets and good demand in international markets, particularly Asia. SALMON Seasonal demand saw Norwegian farmed Atlantic salmon prices start to rise again towards the end of November, and by week 49, the NASDAQ salmon index was at NOK 50.2/kg. This is some NOK 3 above the same week last year, a continuation of the improved price situation that has benefitted the Norwegian industry in A lack of large size fish has led to significantly wider spreads this year between prices for small and large fish, but this is beginning to diminish as the average size of salmon in the pens returns to 2014 levels. Higher prices have not overly affected demand growth, particularly in the EU, where Norwegian exporters sold 24% more salmon in value terms in November, totaling NOK 3.3 billion, according to the Norwegian Seafood Council (NSC). In volume terms, exports to the EU were up 16% in November, to tonnes. Total year-to-date exports of Norwegian salmon came to tonnes by the end of November, for a total value of NOK 42.7 billion, increases of 4% and 8% respectively. Export figures in Asia and the US have also been impressive this year, with increased volumes and total value up 28% and 60% respectively. French and US preference for Norwegian fresh Atlantics in 2015 continues to negatively impact revenues for the UK salmon industry, however, with total year-to-date export volumes down 12% by October and the corresponding value 23% lower. 5

6 Flat smolt production in 2015, combined with biomasses that are currently marginally below last year, have pushed forward prices upwards. Fishpool.eu reports NOK 46/kg for 2016 as a whole, although forward prices for the first three months of the year are now above NOK 50/kg. Analysts are forecasting lower production growth in 2016, and strong demand in the EU, Asia and the US suggest that next year will be another profitable one for the Norwegian industry at least. TROUT TROUT - Ex-farm prices in Italy After a long period of challenging market conditions for Norwegian trout exporters following the Russian ban in August 2014, November exports of trout were EUR/kg up 57% in value terms compared with 2.5 the same month in 2014, and up 37% in 2.0 volume, according to the NSC. These 1.5 figures reflect the success Norwegian exporters have had in developing the Belarussian market in particular. Trout: Salmo spp Rainbow Trout: Oncorhynchus mykiss However, it remains to be seen whether the relatively higher biomass, and relatively larger trout, currently in Norwegian pens can be absorbed at similar price levels. Meanwhile, in Italy, the trout market is strong and prices have increased due to limited inventories. FRESHWATER FISH The tilapia market has been overshadowed by heavy arrivals of cheap fish from China and Viet Nam. This has created a difficult market environment, and prices are dropping. The US market is slow and Chinese tilapia producers are looking to sell everything before the Chinese New Year. Pangasius demand in Europe and the USA remains weak and the market outlook is not good. The fresh Nile perch Pangasius - in Spain, origin: Viet Nam USD/kg Fillets - interleaved, 20% glaze, skinless, boneless, belly-off Fillets - IQF, white, 20%, 1kg poly bag

7 market is picking up slowly, after the disappointing summer period. However, there are still plentiful stocks of frozen Nile perch fillets available in Europe which has kept prices stable. The new season for carp in Hungary has started, but surprisingly prices have so far been disappointing. SEABASS - SEABREAM - MEAGRE After the typical upward trend in the last quarter, prices for bass and bream have dropped off again as Christmas purchases begin to dry up. Overall, however, prices have been high this year, particularly for bream, and several Greek aquaculture companies have returned to profitability or at least reduced losses - after a long period of difficulty. There has been much talk of consolidation in Greece, seen as an important step to keep driving costs down, and the banks which are now majority shareholders in the largest companies are already seeking private investors. Total Greek exports of bass and bream were down some 8% in the first 9 months of 2015 on the back of lower production, and flat in value terms. SEABASS/SEABREAM - in Italy origin: Greece EUR/kg Seabass fresh whole gr/pc Farmed Finfish: Price Trend EUR/kg Turkish exporters, meanwhile, have more than compensated for reduced exports to Russia this year by increasing quantities to other key markets across the EU, the Middle East and the US Turkish supply has been tightening in Seabass the latter half of 2015, keeping prices Salmon seabream up, and lower production forecasts in both Turkey and Greece for 2016 should see the current price situation continue into next year Seabream fresh whole gr/pc

8 GROUNDFISH December 2015 Cod/Cabillaud, Morue/ Fresh gutted Poland FOB Baltic Sea Bacalao IQF portion, single frozen g/pc Italy CIF Iceland Gadus morhua Fresh - fillet g/pc CPT Denmark Fresh - Whole 1-2 kg/pc Fillet - wet salted - 1st quality g/pc Italy DDP Iceland produced from fresh raw material Portion single frozen, 10% glaze g/pc CIF Stockfish 700 g/pc DDP Norway Fillet skinless g/pc Spain CIF Netherlands Gadus macrocephalus Fillet - wet salted - 1st quality g/pc Italy CIP Denmark produced from frozen raw material Hake/Merlu/Merluza Minced block = Namibia FOB Namibia Merluccius capensis for Spanish market H&G, IWP g/pc no quotation Spain FOB Fillet skin on 2-4 oz/pc DDP IQF portion, trapeze g/pc Italy CIF IQF g/pc Europe DDP South Africa Merluccius hubbsi H&G < 150 g/pc na Italy CIF Argentina Fillet - skinless g/pc skin-on Merluccius merluccius Fresh - whole g/pc CPT Croazia Fresh - gutted = Merluccius productus Fillet, PBO Spain EXW USA Minced block = Alaska pollack/lieu Fillet, PBO * Netherlands EXW de l'alaska/colín Minced block * de Alaska Industrial block single frozen Europe CFR Theragra chalcogramma Industrial block double frozen China Fillet, IQF 2-4 oz Fillet, baby food quality DDP USA H&G Russian Fed. Russian Fed. > = wholesale Vladivostok > > wholesale Moscow 8

9 GROUNDFISH (cont.) December 2015 Surimi (Alaska pollack) Stick - Paprika 250 g/pc France CFR Spain Hoki H&G g/pc Spain FOB Macruronus magellanicus Saithe/Lieu noir/ Fillet - interleaved g/pc no quotation Europe CIF Faroe Islands Carbonero (Pollock, Coley) Pollachius virens Fillet - skinless, PBI, interleaved oz/pc = Spain DDP Iceland Monkfish/Baudroie/ Fresh - Tail < 0.3 kg/pc Italy CPT UK Rape Lophius spp > Fresh - whole kg/pc FCA France Tails, skinless g/pc Spain DDP Namibia Frozen at land % net weight > Haddock/Eglefin/Eglofino H&G < 0.8 kg/pc NOK Sweden FCA Norway Melanogrammus Fresh kg/pc Spain CIF aeglefinus > > Ling/Lingue franche/ Fillet - wet salted kg/pc Italy DDP Faeroe Islands Maruca Molva molva Produced from fresh raw material 1st quality John Dory/ Frozen skin-on g/pc Germany CFR China Sainte Pierre IQF, 20% glaze Pez de San Pedro Zeus faber Fresh - gutted g/pc Italy CPT Senegal Sand steenbras/ Fresh 500/700 g/pc FCA Morocco Marbré/ Herrera 700/ Lithognathus mormyrus Mixed France g/pc Spain Mediterranean CPT 9

10 FLATFISH December 2015 Turbot/Rodaballo Fresh - whole kg/pc Spain CIF Spain Psetta maxima cultured Fresh - whole < 0.5 kg/pc Netherlands wild Fresh - whole kg/pc Italy CPT Spain/Portugal = Turbot/Rodaballo Fresh - whole Italy CPT Spain/Portugal Psetta maxima > kg/pc = Netherlands Sole/Sole/ Fresh - whole < 170 g/pc Spain CIF Lenguado wild Solea vulgaris Fresh - whole g/pc France wild No Italy CPT No No Fresh - whole No Netherlands No No Fresh - gutted No No No No Fresh - whole No CIF No No European plaice/ Fresh - whole g/pc Spain CIF Plie d'europe/ Solla europea > Pleuronectes platessa IQF, white skin-on, 25% glaze No Netherlands FOB IQF skin-off, 25% glaze for Italian market 10

11 FLATFISH (cont.) December 2015 European Flounder/ Fresh - fillets skin-on Large Italy CPT Flet d'europe/ skinless Large Platija europea whole Platichthys flesus FCA Greenland Halibut/ Fillet - skinoff, boneless, No quotations Denmark FOB Greenland Reinhardtius blockfrozen hippoglossoides TUNAS/BILLFISHES December 2015 Tuna/Thon/Atún Skipjack - whole main size Bangkok CFR Western/Central Thunnus spp. Pacific Ocean Skipjack - whole Ecuador Eastern Tropical Yellowfin - whole = ex-vessel Pacific Ocean Skipjack - whole main size = Seychelles Indian Ocean Yellowfin - whole = FOB Skipjack - whole Abidjan Atlantic Ocean Yellowfin - whole > 10 kg = ex-vessel Skipjack - whole kg/pc Spanish Various origins Yellowfin - whole > 10 kg Canneries CFR Skipjack - cooked & cleaned double cleaned = Italy DDP Solomon Islands loins - vacuum packed Yellowfin - cooked & cleaned double cleaned = Kenya/Mauriloins - vacuum packed tius/solomon Is. Tuna/Thon/Atún Yellowfin - whole 3-10 kg Spain DAT Atlantic Ocean Thunnus spp. Bigeye - whole > 10 kg Yellowfin - whole > 10 kg Skipjack - whole > 3.5 kg Indian Ocean Yellowfin - frozen loins DDP Eastern Pacific Skipjack - frozen loins CFR Ocean Bigeye - frozen loins Albacore - frozen loins na CFR Indian Ocean Skipjack > 1.8 kg/pc = Tunisia CFR Ghana Skipjack - pre-cooked loins Europe CFR Ecuador Yellowfin - pre-cooked loins double cleaned single cleaned Skipjack - whole Skipjack - whole kg/pc Ecuador FOB Yellowfin - pre-cooked loins double cleaned single cleaned Skipjack - pre-cooked loins Swordfish/Espadon/ Frozen at sea, DWT kg/pc Spain FOT Spain Pez espada 100% net weight Xiphias gladius Fresh - gutted < 12 kg/pc Italy CPT Whole Mediterranean Whole Atlantic FCA >

12 SMALL PELAGICS December 2015 Mackerel/Maquereau/ Fresh - whole 4-6 pc/kg Italy CPT France Caballa Fresh - Fillets Scomber scombrus butterfly cut Whole g/pc No quotations Netherlands/Poland UK FOB H&G > 200 g/pc na for Eastern Europe Greenl./Faroe. I Whole 3-4 pc/kg Spain FOB Spain Horse Mackerel/ Whole > 24 cm/pc Morocco FOB for Morocco Chincard/ Jurel European market Trachurus spp Herring/Hareng/Arenque Fresh - fillet Italy CPT Denmark Clupeidae Fresh - whole g/pc Russian Fed. Russian Fed. > wholesale Moscow > Russian Fed. > wholesale Vladivostok > g/pc Poland FOB Baltic Sprat/Sprat/Espadín Sprattus sprattus Sardine/Sardine/ Sardina Fresh - whole Italy CPT Croatia Sardina pilchardus Italy Fresh - fillet France UK 12

13 CEPHALOPODS December 2015 Squid/Encornet/Calamar Whole S (< 18 cm) Italy CIF South Africa Loligo spp. M (18-25) L (25-30) XL (>30) Loligo gayi Whole cm Spain FCA Falkland/ Malvinas Isl Loligo vulgaris Fresh - whole g/pc Italy FCA Morocco Whole 2 small Mauritania FOB Mauritania 3 small for European market 4 small small medium large Loligo duvacelli Whole cleaned, < Germany CFR India < Loligo chinensis < China Dosidicus gigas Raw fillet 2-4 kg/pc Europe CFR Chile Peru Raw tentacle 1-2, 2-3 kg/pc Chile < 1, = Peru > = Raw wings = Chile whole without cartilage Peru Necks Chile open with cartilage Peru Darum membraneless Boiled wings - skin-on Squid rings - thawed Italy CPT Squid stripes - thawed Tentacles

14 CEPHALOPODS (cont.) December 2015 Octopus/Poulpe/Pulpo Whole - FAS T Morocco FOB, Morocco Octopus vulgaris T for Spanish market T T T Sushi slice 7 g/pc Europe CFR Indonesia 100% net weight 9 g boiled cut % net weight Flower type 1-2 kg/pc % net weight > Eledone moschata Fresh Italy CPT Croazia FCA Francia Spagna extra CPT Croazia small medium g/pc Tunisia < Cuttlefish/Seiche/ Whole, cleaned, IQF < 10 pc/kg Germany CFR India Sepia 20% glaze Sepia spp. Fresh - whole g/pc Italy FCA France/UK CPT IQF, 10% glaze g/pc CIF Morocco

15 CRUSTACEANS December 2015 Whiteleg shrimp/ PD, chemical treatment pc/lb Europe CFR Indonesia Crevette pattes 100% net weight blanches/camarón treated with non-phosphate patiblanco Penaeus vannamei = = Blanched, PD pc/g India IQF, 20% glaze C&P, deveiled, tail-off pc/lb Viet Nam IQF, 20% glaze Head-on, shell-on pc/kg Central America = = Tails pc/lb = Head-on, Shell-on pc/kg South/Central America FOB for European main ports >

16 CRUSTACEANS (cont.) December 2015 Green tiger prawn/ Headless, shell-on, block pc/kg Europe CFR Belgium Crevette tigrée verte/ 100% net weight, net count Langostino tigre verde Penaeus semisulcatus Headless, shell-on, block pc/kg % net weight, net count PUD, RAW Broken PUD, RAW, IQF, 78% weight& % glaze % net weight, frozen count PUD, Cooked, IQF, 78% weight& % glaze % net weight, frozen count Metapenaeus shrimps/ Untreated, net weight, net count pc/kg Europe CFR India Crevettes Metapenaeus Camarones Metapenaeus Metapenaeus spp Argentine red shrimp/ Head-on, shell-on pc/kg = Spain EXW Argentina Salicoque rouge/ = d'argentine/camarón = langostín argentino = Pleoticus muelleri Black tiger/crevette Headless 8-12 pc/lb Europe/ Bangladesh tigrée/camarón tigre 20% glaze, IQF Russian Fed. Penaeus monodon Headless, shell-on, block frozen pc/kg Europe CFR Belgium Deep-water rose shrimp/ Fresh - Peeled tail Mixed = Italy CPT Italy Crevette rose du large/ Gamba de altura/ Parapenaeus longirostris 16

17 CRUSTACEANS (cont.) December 2015 Common shrimp/ Fresh, shell-on = Spain CIF Netherlands Crevette grise/quisquilla Crangon crangon Head-on, shell-on = Norway lobster/ Fresh - Whole 3-5 pc/kg na DDP Langoustine/Cigala 4X1.5 kg Nephrops norvegicus Tails Whole Spain CIF Scotland Fresh - whole 5-9 pc/kg Netherlands Fresh - whole, head 8-10 pc/kg Italy CPT Denmark/ UK FCA European lobster/ Live - bulk g/pc France delivered Ireland Homard européen/ to French vivier Bogavante Fresh - whole Large Italy CPT UK Homarus gammarus small American lobster/ Live hard shell Canada Homard américain/ Live hard shell USA Bogavante americano Live soft shell Homarus americanus Popsicle < 450 g/pc CAN Canada FOB Canada (canner size) > 450 CAN (market size) Whole cooked netted lobster canners CAN market CAN for European mkt Edible crab/tourteau/ Live T France Auction France Buey de mar cm Cancer pagurus Spinous spider crab/ Fresh - female Italy CPT UK Araignée européenne/ male Centolla europea/ Fresh - female France Maja squinado male Fresh-female small male small

18 BIVALVES December 2015 Oyster/Huître/Ostra Live No France prod. Price/ Ireland/France Crassostrea gigas average export price g/pc = Spain CIF Netherlands Italy Ostrea edulis g/pc = Netherlands > = Mussel/Moule/Mejillón Live - Bottom mussel = France wholesale France Mytilus edulis = Netherlands Mytilus galloprovincialis Live - Rope pc/kg = Spain Fresh pc/kg no quotation Spanish market EXW Italy CFA Italy Fresh - whole Italy FCA CPT FCA Spain CPT shell on FCA CPT Mytilus chilensis IQF - shell-off, 7% glaze pc/kg CIF Chile Cooked mussel meat IQF pc/kg France CIF Cooked mussel whole shell, IQF pc/kg Razor shell/couteau/ Fresh S = Spain CIF Ireland Navajas - Solenidae M = L = Live cm/pc = Netherlands 18

19 SALMON December 2015 Atlantic salmon/ Fresh - gutted, head-on 2-3 kg/pc France CIF Scotland Saumon de l'atlantique/ Superior quality Salmón del Atlántico Salmo salar > Fresh - gutted, head-on 2-3 kg/pc Norway Superior quality > kg/pc NOK * Norway FOB 2-3 NOK * 3-4 NOK * 4-5 NOK * 5-6 NOK * 6-7 NOK * 7-8 NOK * 8-9 NOK * > 9 NOK * Fresh 3-4 kg/pc Spain CFR gutted, head-on 4-5 kg/pc Tunisia CFR Fresh - salmon cubes 8x8x Europe CFR IQF - salmon slices Fresh - Whole - Superior 2-3 kg/pc * Italy FCA * 8-9 na 9-10 na CIF IQF portion g/pc Denmark Atlantic salmon/ Head-on, gutted, grade kg/pc Denmark DDP Chile Saumon de l'atlantique/ Fillet, interleaved 1-2 lb/pc Salmón del Atlántico Salmo salar Fillet, VAC 1-2 lb/pc Fillet, IQF 2-3 lb/pc Bits and pieces Europe CIF scapped meat

20 TROUT December 2015 Trout/Truite/Trucha Whole, gutted, fresh on ice kg/pc HUF Hungary ex-farm Hungary Salmo trutta Fillet - farmed g/pc Italy ex-farm Italy Live - farmed g/pc Rainbow trout/ Live - farmed g/pc Truite arc-en-ciel/ Gutted g/pc Trucha arco iris Oncorhynchus mykiss FRESHWATER FISH December 2015 Carp/Carpe/Carpa Live kg/pc HUF Hungary Hungary Cyprinus spp. Fresh, whole, gutted, head-off kg/pc HUF ex farm Fresh on ice - slices HUF Fresh on ice - fillets HUF Crucian Carp/Carassin Live kg/pc HUF Carpín Carassius carassius Grass Carp/ Carpe Live kg/pc HUF chinoise/carpa China Fresh, whole, gutted, head-off HUF Ctenopharyngodon idellus Bighead carp/carpe à Fresh gutted, head-off kg/pc HUF grosse tête/carpa Fresh on ice - slices HUF capezona Fresh on ice - fillets HUF Aristichthys nobilis Live kg/pc HUF Nile perch/perche du Fillet - skinless g/pc EU CFR Uganda Nil/Perca del Nilo Interleaved, 100% net weight Lates niloticus Fresh whole g/pc Italy FCA yellow g/pc red g/pc Tanzania green g/pc Fresh fillet g/pc Fillet - skinless, PBI, IWP g/pc Spain CFR Nile Tilapia/Tilapia du Fillet - skinless, IQF, PBO 5-7 oz/pc China Nil/Tilapia del Nilo non-treated, 10% glaze Oreochromis niloticus North African catfish/ Fresh - fillets skinless HUF Hungary Hungary Poisson chat nord- Fresh - fillets skin-on HUF ex farm africaine/ pez gato Fresh, whole, gutted, head-off HUF Clarias gariepinus European catfish/ Live kg/pc HUF Silure glane/siluro Fresh on ice - slices HUF Silurus glanis Fresh on ice - fillets HUF Pangasius spp. Fillet refreshed Italy CIF Hungary Fillet, IQF, white - 20% glaze g/pc CPT Fillet, IQF, white - 20% glaze Fillet, IQF, white - 5% glaze Fillet, IQF, white - 20% glaze Spain CFR Fillet, 100% net weight, IQF g/pc Fillet, 100% net weight, interlvd

21 NON-TRADITIONAL SPECIES December 2015 Sturgeon/Esturgeon/ Frozen - Whole kg/pc France CIF France Esturione Gutted 5-7 kg/pc Acipenseridae Fillets g/pc A.baeri Caviar (Aquitaine) metal boxes Ribbonfish g/pc Europe CFR Senegal Trichiurus lepturus SEABASS/SEABREAM/MEAGRE December 2015 Seabass/Bar, Fresh - whole g/pc Greece FOB Greece Loup/Lubina farmed Dicentrarchus labrax > = g/pc Italy CIF > = g/pc France CIF > = g/pc Spain CIF > = g/pc Germany CIF > = g/pc Portugal CIF > = 21

22 SEABASS/SEABREAM/MEAGRE (cont.) December g/pc UK CIF > = Seabass/Bar, Fresh - whole g/pc = Italy CIF Greece Loup/Lubina farmed Dicentrarchus labrax = = > = > = g/pc Spain CIF Canary Island (Spain) g/pc France Fresh - whole - wild g/pc na Italy FCA Morocco Atlantic > 2000 na > 3000 na Fresh - whole - wild g/pc na CPT Egypt Mediterranean = = = > > Italy Farmed - Orbetello Large = FCA Medium Small na 22

23 SEABASS/SEABREAM/MEAGRE (cont.) December 2015 Gilthead seabream/ Fresh - whole g/pc = Greece FOB Greece Dorade royale/dorada farmed Sparus aurata = > = g/pc = Italy CIF * = > = g/pc = France CIF = > = g/pc = Spain CIF = > = Gilthead seabream/ Fresh - whole g/pc = Germany CIF Greece Dorade royale/dorada farmed Sparus aurata = > = g/pc = Portugal CIF = > = g/pc = UK CIF = > = Fresh - whole - wild g/pc Italy FCA Morocco Atlantic >

24 SEABASS/SEABREAM/MEAGRE (cont.) December 2015 Fresh - whole, culture g/pc CIF Greece wild g/pc CPT Egypt farmed Orbetello Large = FCA Italy Medium Small = Meagre/Maigre Fresh - Whole g/pc Italy FCA Greece commun/corvina farmed Argyrosomus regius > > > 2000 g/pc = CIF wild g/pc CPT Egypt = = = 24

25 PRICE REFERENCE (INCOTERMS 2010) CFR CIF CIP CPT DAT DAP DDP EXW FCA FAS FOB Cost and Freight Cost, Insurance and Freight Carriage and Insurance Paid To Carriage Paid To Delivered at Terminal Delivered at Place Delivered Duty Paid Ex Works Free Carrier Free Alongside Ship Free on Board (DAF, DES, DEQ and DDU have been cancelled) PRODUCT FORM C&P Cooked and Peeled FAS Frozen at Sea H&G Headed and Gutted HOG Head on Gutted (salmon) IQF Individually Quick Frozen IWP Individually Wrapped Pack PBI Pinbone In PBO Pinbone Off PD Peeled and Deveined PTO Peeled Tail On PUD Peeled, Undeveined SYMBOLS + Price increased in original currency since last report - Price decreased in original currency since last report = Updated but unchanged price * New insertion Not updated since last issue CURRENCY RATES USD EUR Canada CAD Hungary HUF Norway NOK USA USD 1.10 EU EUR 0.91 Denmark DKK Exchange Rates: 14/12/15

26 The European Fish Price Report is a monthly GLOBEFISH publication. This issue was prepared by Helga Josupeit, Wei Wang and Felix Dent. It can be ordered from the FISH INFONetwork: FAO GLOBEFISH (Network coordinator) Viale delle Terme di Caracalla Rome - Italy Tel: (39) Fax: (39) globefish@fao.org Web site: INFOPECHE (Africa) Tour C, 19éme étage, Cité Administrative Abidjan 01 - Côte d Ivoire Tel: (225) Fax: (225) infopeche@aviso.ci Web site: INFOPESCA (Latin America) Julio Herrera y Obes Montevideo - Uruguay Tel: (598) Fax: (598) infopesca@infopesca.org Web site: INFOYU (China) Room 514, Nongfeng Building No. 96 East Third Ring Road Chaoyang District Beijing P.R. China Tel: (86-10) Fax: (86-10) infoyu@agri.gov.cn Web site: EUROFISH (Central and Eastern Europe) H.C. Andersens Blvd Copenhagen - Denmark Tel: (45) Fax: (45) info@eurofish.dk Web site: INFOSAMAK (Arab Region) 71 blvd Rahal El Meskini Casablanca Morocco Tel: (212) Fax: (212) infosamak@infosamak.org Web site : INFOFISH (Asia/Pacific) 1st Floor, Wisma LKIM Jalan Desaria - Pulau Meranti Puchong, Selangor DE Malaysia Tel: (603) / Fax: (603) info@infofish.org Web site: INFOSA - sub-office INFOPECHE (Southern Africa) 89, John Meinert Street- West Windhoek -Namibia Tel: (264) Fax: (264) infosa@infosa.org.na Web site: GLOBEFISH Market Reports are available from the GLOBEFISH web site: All rights reserved. No part of FAO/GLOBEFISH European Fish Price Report may be reproduced, stored in a retrieval system, or transmitted in any form or by any means (electronic, mechanical, photocopying or otherwise), without prior permission. Requests for use of this material (including purpose and extent) should be addressed to: GLOBEFISH - Fisheries and Aquaculture Department - Food and Agriculture Organization, Viale delle Terme di Caracalla, Rome, Italy. 10

27 Food and Agriculture Organization of the United Nations Fisheries and Aquaculture Policy and Economics Division Products, Trade and Marketing Branch Viale delle Terme di Caracalla Rome, Italy Tel Fax