a GLOBEFISH monthly update

Transcription

1 Issue 2/2016 a GLOBEFISH monthly update LATEST TRENDS Consumption of fish and fishery products is generally strong during Lent, especially in the Catholic part of the continent. This year, however, Lent begins relatively early, conflicting with severe winter conditions in the North Sea and the Northern Atlantic as these fisheries are generally the main suppliers of seafood during this period. Excess demand will thus be satisfied by imports, especially of freshwater species from aquaculture such as tilapia and pangasius. Higher prices for fish products are likely, particularly in the week before Easter. GROUNDFISH The supply of cod in Poland is reported to be moderate with some downward price adjustments due to the stronger euro. Meanwhile, prices for wet-salted cod fillets from frozen raw material (Gadus macrocephalus) are still steady. However, analysts expect a reduction of prices over the next few months due to lower consumption. Supply of wet-salted cod fillets (Gadus morhua) from fresh raw material of Faroese or Icelandic origin is limited due to poor fishing resulting from the stormy weather conditions. Index for prices Groundfish 8 Flatfish 10 Tuna 11 Small Pelagics 12 Cephalopods 12 Crustaceans 14 Bivalves 17 Salmon 17 Trout 18 Freshwater fish 18 Non Traditional Species 19 Seabass-Seabream- Meagre 19 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 The Alaska pollock price on the Moscow market is trending downwards due to increasing availability. Further increases in supply are likely over the coming months. Good turbot demand continued following the Christmas marketing campaigns while some farms reported poor growth. This combination of factors has seen turbot prices turn upwards, a trend that is expected to continue over the coming months for as long as demand remains strong. SURIMI - in France, origin: Spain EUR/kg Surimi prices have risen quite significantly in recent months, mainly Stick 250 gr/pc due to the weaker euro over the period. This is likely to change over the coming months, however, as Alaska pollock supplies are expected to be plentiful. TUNA - BILLFISHES Fishing in the Western and Central Pacific has improved to a moderate level, although many vessels remain tied up in port. The US fleet is barred from fishing in the Western and Central Pacific as negotiation of the Tuna Treaty is still ongoing. Thai canneries continue to report healthy raw material inventories following heavy unloading activities in January. However, supply is widely expected to fall in the coming month and prices have increased strongly as a result. The second IATTC veda closure in the Eastern Pacific ended on 18 January 2016, but some vessels are still tied up for maintenance. As a result, tuna landings are limited. At the same time, however, tuna processing activities, especially in Ecuador, continue to improve as TUNA - Pacific Ocean USD/kg USD/kg Skipjack Bangkok CFR Skipjack Ecuador, ex-vessel TUNA - Pacific Ocean Skipjack Bangkok CFR Skipjack Ecuador, ex-vessel

3 finished goods buyers take advantage of the low prices and look to purchase larger quantities. This has caused raw material inventories at local canneries to fall to a below-moderate level, and raw material prices to move up. TUNA - Indian/Atlantic Oceans EUR/kg Fishing in the Indian Ocean is poor while raw material inventories at local canneries remain adequate. Prices are moving up somewhat. The two-month FAD closure in the Atlantic Ocean will remain in effect until the end of this month. Fishing has been affected and has fallen to a Skipjack, Seychelles, FOB Yellowfin, Seychelles, FOB low-to-moderate rate, pushing prices Skipjack, Abidjan ex-vessel Yellowfin, Abidjan, > 10 kg, ex-vessel upwards. Local canneries, meanwhile, are reporting moderate raw material inventories. European prices for skipjack and yellowfin increased strongly in Spain due to reduced supplies from Indian and Atlantic Oceans. However, the price of cooked double cleaned yellowfin loins is falling as a consequence of the increased availability of zero duty quota loins. TUNA - Spanish canneries EUR/kg Yellowfin > 10 kg, Spain CFR Skipjack main sizes, Spain CFR SMALL PELAGICS Demand for herring and sprat is strong and prices are increasing, mainly due to limited availability on the market, a result of the severe weather conditions hindering fishing efforts at present. Prices for Pacific herring in Moscow are currently stable but there are signs of a potential increase due to insufficient suppliers, with a similar trend observed in Vladivostok. 3

4 CEPHALOPODS Squid catches are slowing down in South Africa, with less than 1.5 tonnes caught per vessel, and some boats have already stopped fishing. Inventories are still quite full, however, and prices are trending downward. SQUID - in Italy, origin: South Africa EUR/kg Squid - Whole, FAS, size M CRUSTACEANS Shrimp prices continue their downward trend due to plentiful stocks and the expectation of further arrivals of frozen shrimp, especially from record-high Argentine catches. Both sales and demand are expected to be very good during Holy Week, but buyers are adopting a wait-and-see tactic in anticipation of further price discounts. ARGENTINA RED SHRIMP - origin: Argentina EUR/kg > pc/kg > > > Good fishing is continuing in Argentina, especially from the fresh shrimp fleet, but, due to the high temperature of the water, these shrimps are suitable only for peeling or for shrimp tails preparation. After strong demand from China leading up to the Chinese New Year, imports have come to a halt, which has further depressed the market price of shrimp on the world market. Some suppliers of shrimp are diverting product towards the US market where demand is strong and buyers are willing to pay higher prices. Lobster prices are firm as there is no local production due to severe weather conditions. Fishing conditions for crab in late December and January were particularly difficult with storm force winds in Northern Europe. Very little crab is entering the market at the moment

5 BIVALVES Oysters are showing better survival rates than in 2014, which in the long run could result in excess supply during summer sales. Better marketing efforts are needed to maintain the present price level. Mussel production in Chile is not expected to be good this year, and in particular there is very little large-size 100/200 product available. Most production is of small sizes, around pieces per kg. This small size has practically no market on the supermarket counter and can only be used in the canning sector. This unusual situation can be attributed to the El Niño effect, and the Chilean mussel season is expected to be shorter than normal as result. SALMON Late 2015 and early 2016 have been marked by severely volatile salmon prices, with 30-year highs breached by fresh Norwegian Atlantics in early January, quickly followed by a steep downward correction of 8-10 krone. Farmers rushed to harvest as seasonal demand saw large sizes breaking the NOK 70/kg mark, resulting in temporary oversupply and the subsequent fall. This extreme volatility is particularly problematic for those in the middle of the supply chain, particularly processors, whose margins are squeezed when they are unable to sell at sufficiently high prices to cover the high costs incurred previously on the spot market. With prices spiking and export SALMON - in France, origin: Norway (3-6 kg/pc) volumes only slightly down year-onyear, January was a record month in EUR/kg 7.0 terms of revenues for Norwegian exporters. According to the 5.0 Norwegian Seafood Council (NSC), 4.0 Norwegian salmon exports for the month came to NOK 4.3 billion, an all-time high, with total volume 4% down at tonnes. Demand in core markets remains strong, with the EU absorbing NOK 3.1 billion s worth of Norwegian salmon in January, 17% higher than the same month last year. The Scottish industry has been affected by biological challenges and less favourable exchange rates, however, and recent figures show a net loss of around GBP 100 million in 2015 for the sector. Despite the recent swings, the underlying trend for salmon prices is clearly strongly upward, and the outlook for 2016 continues to brighten for producers. With 5

6 biomasses at Norwegian farms down year-on-year, Kontali Analyse expects a 2-3% drop in global Atlantic salmon production in, which is likely to support exceptionally high price levels. The FishPool forward market is reflecting this tightening supply situation, with the average price for 2016 now approaching NOK 50/kg. TROUT Export revenues for Norwegian trout were significantly higher in January compared with last year, up 124% to NOK 294 million according to the NSC, but 2015 represents a low baseline taking into account the impact of the Russian embargo. Since then, sales to Belarus and Poland have grown substantially, while exporters have also managed to significantly increase the presence of Norwegian trout on the potentially lucrative US market. In the shorter term, however, a higher quantity of fish in the pens compared with last year should exert downward pressure on prices in the early year period. In Italy, meanwhile, trout prices continue their upward trend due to limited availability of broodstock, while external factors such as low river water levels are impacting supply. Demand is good, and is expected to strengthen further in the coming months. FRESHWATER FISH Pangasius continues to be oversupplied in the market, and prices continue to slide. The two main competing species with pangasius, tilapia and Nile perch, are following the opposite trend, with limited supply and increasing prices. The tilapia sector in China is again experiencing a severe winter, leading to sharply reduced supply on the market. Similarly, Nile perch supply is dropping while demand in Europe is strong. Pangasius - in Spain, origin: Viet Nam USD/kg Fillets - interleaved, 20% glaze, skinless, boneless, belly-off Fillets - IQF, white, 20%, 1kg poly bag After strong sales during the Christmas period, the market for carp returned to normal during the early year. Prices have moved downward, although sales campaigns have resumed again in some markets. 6

7 SEABASS - SEABREAM - MEAGRE After a year of tighter supply and profitable price levels, 2016 is expected Farmed Finfish: Price Trend to be a continuation of the welcome EUR/kg stability that characterised the 6.5 European bass and bream market in The core factor underlying the 4.5 improved price situation is a cutback in 3.5 production by Turkey and in particular, 2.5 Greece, a trend that is forecast to continue this year. Another important market development has been the Seabass seabream Salmon relative steeper climb of bream prices compared with those of bass, due to more limited availability For the first 11 months of 2015, Greece exported approximately 7% less whole bass and bream in volume, at average prices more than 9% higher in euro terms. Turkey, meanwhile, increased export volumes of the two species combined by about 17% over the same period, reporting a 16% increase in average price in lira terms. Turkish exporters have been reporting record export revenues for 2015, and producers in general are optimistic for the future. There are potential alternative sources of supply influxes, however, with Spanish companies increasing their production currently and widespread reports of investment in the bass and bream aquaculture industry in various Mediterranean countries. 7

8 GROUNDFISH 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.) 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 Produced from fresh raw material Molva molva 1st quality John Dory/ Frozen skin-on g/pc * Germany CFR China Sainte Pierre PBO, chemical free, 100% net * Pez de San Pedro weight, IQF,Bulk, frozen weight * Zeus faber +count * 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 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 Spain/Portugal > 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.) 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 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. Yellowfin - whole 3-10 kg Spain DAT Atlantic Ocean Bigeye - whole > 10 kg Yellowfin - whole > 10 kg Skipjack - whole > 3.5 kg 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 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 CEPHALOPODS 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

13 CEPHALOPODS (cont.) 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 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 = 100% net weight Flower type 1-2 kg/pc = 90% 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 FOB Morocco

14 CRUSTACEANS 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 >

15 CRUSTACEANS (cont.) 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 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 15

16 CRUSTACEANS (cont.) 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

17 BIVALVES 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 SALMON 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 NOK NOK NOK NOK NOK NOK > 9 NOK

18 SALMON (cont.) Atlantic salmon/ Fresh 3-4 kg/pc Spain CFR Saumon de l'atlantique/ gutted, head-on 4-5 kg/pc Tunisia CFR Salmón del Atlántico Salmo salar Fresh - salmon cubes 8x8x = Europe CFR IQF - salmon slices Fresh - Whole - Superior 2-3 kg/pc Italy FCA na 9-10 na CIF IQF portion g/pc Denmark Head-on, gutted, grade kg/pc Denmark DDP Chile Fillet, interleaved 1-2 lb/pc Fillet, VAC 1-2 lb/pc Fillet, IQF 2-3 lb/pc Bits and pieces Europe CIF scapped meat TROUT 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 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 = 18

19 FRESHWATER FISH (cont.) 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 NON-TRADITIONAL SPECIES 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 Seabass/Bar, Fresh - whole g/pc Greece FOB Greece Loup/Lubina farmed Dicentrarchus labrax = > = g/pc Italy CIF = > = 19

20 SEABASS/SEABREAM/MEAGRE (cont.) Seabass/Bar, Fresh - whole g/pc France CIF Greece Loup/Lubina farmed Dicentrarchus labrax = > = g/pc Spain CIF = > = g/pc Germany CIF = > = g/pc Portugal CIF = > = g/pc UK CIF = > = g/pc Italy CIF > > g/pc Spain CIF Canary Island (Spain) g/pc France Fresh - whole - wild g/pc na Italy FCA Morocco Atlantic > 2000 na > 3000 na 20

21 SEABASS/SEABREAM/MEAGRE (cont.) Seabass/Bar, Fresh - whole - wild g/pc na Italy CPT Egypt Loup/Lubina Mediterranean Dicentrarchus labrax > > Italy Farmed - Orbetello Large = FCA Medium = Small na 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 = > = g/pc Germany CIF = > = g/pc Portugal CIF = > = 21

22 SEABASS/SEABREAM/MEAGRE (cont.) Gilthead seabream/ Fresh - whole g/pc UK CIF Greece Dorade royale/dorada farmed Sparus aurata = > = g/pc Italy FCA Morocco > farmed g/pc CIF Greece wild g/pc CPT Egypt farmed Orbetello Large = FCA Italy Medium = Small Meagre/Maigre Fresh - Whole g/pc Greece commun/corvina farmed = Argyrosomus regius > > > 2000 g/pc = CIF wild g/pc CPT Egypt

23 GLOBEFISH to meet the Chinese seafood industry at SIFSE For the first time, GLOBEFISH will attend the Shanghai International Fisheries and Seafood Expo (SIFSE). The expo, now in its 11 th year will be held from 25 to 27 August in Shanghai, China. SIFSE is an international meeting point for professionals involved in the fish trade sector and serves as a global platform to network and share information on seafood trade. According to last year s post show report, in % of attendees were from the domestic audience, making this event an excellent opportunity to meet with Chinese seafood stakeholders and establish more direct contact with this significant reality in the sector. All GLOBEFISH Partners, Associate Members and Correspondents will receive 20% off of the registration fee Please contact us in advance at globefish@fao.org China is a key country in the fish trade sector According to FAO s SOFIA report, China has been responsible for most of the growth in fish availability, owing to the dramatic expansion in its fish production, particularly in aquaculture. China is also the largest exporter of fish and fishery products. Since 2011, it has become the world s third-largest importing country, after the United States of America and Japan. international@sifse.com

24 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 1.12 EU EUR 0.90 Denmark DKK Exchange Rates:

25 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 Buildin 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

26 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