Issue 11/2017 November 2017

Transcription

1 Issue 11/2017 November 2017 LATEST TRENDS The month of October was marked by severe storms, notably Ophelia, which interrupted fishing in Northern European waters, particularly off the coasts of Ireland and the UK. Landings suffered in consequence and this has led to higher prices. Traders are currently busy buying for the Christmas season, and all indicators point to good demand after years of relatively low Christmas seafood sales. Buying interest is expected to be high for luxury items such as oysters, lobsters and shrimp, with further increases in prices likely. Cephalopods are in very low supply, a trend which has been ongoing for several years and which has pushed prices up to the point where these species also qualify as luxury seafood products. Tuna prices, meanwhile, have started to decline from the sky-high levels reached in October 2017, but are still 40 percent above last year s prices. GROUNDFISH Cod catches in the Baltic Sea are limited at the moment due to cold weather, and supply to consumers is restricted as a result of low cold storage holdings. This has translated into a substantial increase in cod prices on the Polish market. COD - in Poland (FOB, origin: Baltic Sea) Index for prices Groundfish 9 Flatfish 10 Tuna 11 Small Pelagics 12 Cephalopods 12 Crustaceans 14 Bivalves 16 Salmon 17 Trout 18 Freshwater fish 18 Non Traditional Species 19 Seabass-Seabream- Meagre 19 USD/kg Fresh gutted 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 In 1970, landings of North Sea cod peaked at tonnes. Since then, SURIMI - in France, origin: Spain stocks have deteriorated due to EUR/kg overfishing, bottoming out at only tonnes in This prompted the introduction of preservation 2.5 measures, including lower quotas and a ban on harvesting small-sized fish, both of which have met with some success. 2.0 The result has been a recovery in stocks, with the annual cod catch in the North Sea now up to tonnes. This Stick 250 gr/pc experience demonstrates that good fisheries management does indeed have the potential to lead to a recovery of previously depleted stocks. There is still a lack of wet-salted cod fillets from frozen Pacific cod, with exceptionally high prices generating only very weak buying interest among Italian importers at present. However, wet-salted cod is a traditional food item for the Christmas period, and thus it is likely that eventually Italian importers will start buying even at this price level. There is a similarly limited supply of fresh cod raw material from the Atlantic due to disappointing fishing results, and producers have not yet fulfilled contracts signed before the summer break. Good demand and stable prices for Alaska pollock are reported in both Moscow and Vladivostok. The whitefish market in the Russian Federation is changing, as domestic Alaska pollock consumption shifts from more basic, low-processed products to value-added products. This has seen more fillets be produced to feed the domestic market, while imports of Alaska pollock fillets have fallen, although this is also partly a result of the ban on imports from a number of western nations. TUNA - BILLFISHES As expected, prices have started to fall, especially for skipjack. Further downward price adjustments are likely in the coming months, as demand for finished products is reported to be very sluggish and likely to stay this way over the coming months. The FAD closure in the Western and Central Pacific ended on 31 October and fishing is reported to be moderate-to-good. Raw material inventories at Thai canneries are reported to have improved to a healthy level. Some canneries have complained of slow finished goods sales due to high raw material prices in the past few months. As a result, skipjack prices have dropped sharply by 20 percent. 2

3 Catches in the Eastern Pacific remain low, although raw material supplies are being TUNA - Pacific Ocean USD/kg supplemented by carriers arriving from the 3.0 Indian Ocean and the Western and Central Pacific. With this increase in carrier arrivals, raw material inventories at local canneries are reported to have improved to a healthy level. Skipjack prices in Manta have fallen as an additional consequence of the improvement in supplies, but have stayed Skipjack Bangkok CFR Skipjack Ecuador, ex-vessel well over the Bangkok price level. Meanwhile, yellowfin prices have remained stable. On 9 November, the second 2-month IATTC veda started with about 64 percent of the fleet opting for this closure period. TUNA - Indian/Atlantic Oceans EUR/kg Skipjack, Seychelles, FOB Yellowfin, Seychelles, FOB Skipjack, Abidjan ex-vessel Yellowfin, Abidjan, > 10 kg, ex-vessel Fishing in the Indian Ocean continues to be moderate-to-good and carrier transhipment activity remains high, with fish being diverted to the Ecuadorian market. Raw material inventories at local canneries remain healthy. Mirroring the reduced prices in both Ecuador and Thailand, skipjack and yellowfin prices have dropped in the Seychelles. A precautionary closure of yellowfin fishery to the Spanish fleet came into effect from 5 November, set to last until the end of the year. The situation in the Atlantic Ocean remains steady with both catches and raw material inventories at local canneries at moderate levels. Skipjack prices have decreased slightly while yellowfin prices have remained steady. With the improved raw material supply situation, European prices for both skipjack and yellowfin whole tuna declined while those for loins increased, although loin prices are typically one month behind the market price trend for whole tuna. TUNA - Spanish canneries EUR/kg Yellowfin > 10 kg, Spain CFR Skipjack main sizes, Spain CFR

4 SMALL PELAGICS High prices for Pacific herring on both the Vladivostok and the Moscow market have led to consumer resistance and a decline in demand. On the other hand, Baltic herring was in good supply and prices started to go down. CEPHALOPODS Strong demand for cephalopods continues, straining against the supply restrictions resulting from very low catches worldwide. SQUID - in Italy, origin: South Africa EUR/kg 8.0 Only some Chinese production is bringing any 7.0 relief to the market at present. Winter months are not normally the most active consumption period for these species, but this year no decline in demand is reported. Prices are rising further, to levels which might put cephalopods out of the reach of many Squid - Whole, FAS, size M consumers. In South Africa, the squid fisheries are currently closed, with no inventories available, and no sales as a result. The fisheries there will start again on 22 November. CRUSTACEANS Strong demand from China for shrimp is characterising the shrimp market worldwide and its impact is also evident on the European market. The disease problems being experienced by several producing countries of cultured shrimp have shifted demand towards wild shrimp, and particularly towards those of Argentine origin. In Argentina, the shrimp fishing season for the areas south of the 41st parallel closed on 31 October. Some vessels have continued trawling in the open areas, but traditionally the production in these areas is limited and most of the boats have already returned to port for the remainder of Overall, the 2017 season saw bumper catches once again with production exceeding tonnes. This figure is expected to be widely exceeded with trawler catches in November and December, which have improved in recent days. However, strong demand in China with the approach of its New Year (16 February) has led to a shortage of product in Argentina and significant price increases. Chinese buying of large sized shrimp from Argentina has seen prices for these products move up and has differentiated these sizes 4

5 from the smaller sized specimens, a trend that contrasts with the market situation that had lasted for a whole year previously (see chart). ARGENTINA RED SHRIMP - origin: Argentina EUR/kg In Europe, there have been some 4.5 signs of a lack of product, but this 3.0 effect was mitigated by delayed Chinese buying that saw the majority of the jumbo shrimp from Argentina end up in Europe up until the end of August. Strong Christmas demand is now starting to move prices upwards > pc/kg > > > Lobster raw material supply is tightening as weather conditions are becoming more challenging for the fishers in the USA and Canada. As a result, and also due to high demand for tails in the USA, the price for raw tails has risen substantially. In contrast, the market for cooked meat has weakened and prices for meat are stable. There is still some high-quality hard shell spring season lobster available in Canada, but quantities are limited. Prices remain firm for this high-quality lobster, although the price of whole cooked or EUROPEAN LOBSTER - in Europe, origin: Ireland raw netted lobster from the EUR/kg summer/fall season has dropped Production of European lobster has practically come to a halt due to the bad weather conditions in the North Sea and prices are on the rise, a normal trend for this time of year. Crab fisheries have also stopped producing, but prices have started to / gr/pc move downward as a result of sluggish demand. 5

6 BIVALVES French Bouchot, French rope and Dutch bottom mussels are now widely available on the French market. Galloprovincialis from Spain in MAP trays is the low-price reference for the market, while French mussels sell at more than double the price. Traditionally, winter months are good sales period for mussels in France. MUSSEL BOUCHOT - in France EUR/kg Oysters are in very strong demand, and the Monthly average consumer prices in metropolitan interest in the product will rise further as we approach the year-end festivities. The oyster season is expected to pick up again as the weather grows colder. According to the mortality monitoring bulletin from the French scientific institution IFREMER dated 11/10/2017, the average cumulative mortality rate is 65.1 percent at the national level for seed oysters with high regional variation. Juvenile and adult oysters are reported as having much lower mortality rates (6.9 percent and 6.5 percent respectively). Overall, according to the IFREMER monitoring programme, seed mortalities up to mid-october are similar to 2016 levels whereas juvenile and adult mortality rates are below last year s levels. Summer oyster growth is reported to have been disappointing and a shortage of larger sized oysters is expected for the end of year season. SALMON The biomass that had been building up at Norway s salmon farm s is now being released into the market in large volumes, and prices have taken a significant hit as a result. As of week 44, export prices for Norwegian farmed Atlantic salmon as measured by the Fish Pool Index (FPI) were down to NOK per kg, well below the NOK per kg observed in the same week last year, although still above the 2015 equivalent. For October as a whole, the average export for fresh whole Atlantics out of Norway was NOK per kg, according to the latest figures from the Norwegian Seafood Council (NSC). The total volume exported for the same month was 10 percent higher than October 2016 at tonnes, equating to a total value of NOK 5.7 billion. Over the first 10 months of 2017, Norway s total salmon exports came to tonnes worth NOK 53.4 billion, increases of 1 percent and 9 percent respectively, although the recent boost to supply will see a higher volume growth figure for the full year. Poland and France remain the top two markets for Norwegian salmon, although France s relative share has declined somewhat in In the UK, Scottish salmon farmers have also observed a dip in prices over recent weeks, but firm demand from the USA, France and China together with a weaker pound will translate into a strong performance for the UK industry this year. 6

7 Current price levels are widely expected to be at or near the bottom for the year, and as of mid-november reports point to a recovery that will be sustained by end-of-year demand. Aggregate forward prices at Fish Pool also suggest that an average price of around NOK 60 per kg for Norwegian fresh whole Atlantics is likely to be maintained into the first few months of Overall, rapid demand growth across the world will keep European salmon prices relatively high for the foreseeable prices, although an increase in supply growth should prevent a repeat of the severe price spikes seen towards the end of last year. At the farm level, although margins are still healthy, sea lice treatment costs are now reported to be pushing total costs to record levels and this continues to be a focus area for the industry as a whole. Salmon - origin: Norway NOK/kg TROUT In line with the trend in the salmon market, Norwegian trout prices also slid downwards in October after reaching exceptionally high levels this year due to the combined effect of depleted biomasses and strong demand in a variety of markets, including Japan, Belarus, USA and Thailand. TROUT - Ex-farm prices in Italy EUR/kg The NSC reports a total of tonnes of Trout: Salmo spp Rainbow Trout: Oncorhynchus mykiss trout exported by Norway in October, worth NOK 253 million, both figures representing declines of 18 percent compared with the same month last year. The continuing tight supply is expected to keep prices high for the foreseeable future, although exporters will be wary of the demand erosion that is the likely result of any long-term elevation of price levels. In Italy, the impact of the dry summer is still being felt in the trout industry. Despite the recent rains, larger sized trout and salmon trout are practically absent from the market. For smaller sizes, however, supply seems to be sufficient with stable prices. 7

8 FRESHWATER FISH Carp is a popular seafood item for the traditional Christmas lunch in Hungary and sales of this species have recently risen further, meeting with sufficient supply. However, there is strong competition from seawater species and pangasius, which is likely to increase in the coming months. CARP - in Europe, origin: Hungary HUF/kg Carp - whole - live Carp - Fillets, fresh on ice Carp - Slices, fresh on ice SEABASS - SEABREAM - MEAGRE Although somewhat delayed this year, it now appears that prices for farmed bass and bream on the Italian market have started to fall in line with their annual year-end downward trend. Prices for Greek fish sold in Italy were 7 percent down in November compared with the previous month. In Spain, meanwhile, wholesale prices in Madrid and Barcelona show steep declines for both species, particularly smaller sizes. Overall, this year Farmed Finfish: Price Trend EUR/kg has been one of somewhat mixed 5.5 developments for the bass and bream 4.5 sector, characterised primarily by a 3.5 substantial supply boost from the major suppliers that has depressed prices but also by positive demand growth in multiple markets. This latter expansion has been led by Turkey in recent years, although the EU Seabass seabream has made investments into developing both marketing strategies and production technologies. Recent financial results reported by the Greek farming company Nireus suggest that progress is indeed being made in terms of cost reduction, which will be important if the increased production volumes are to translate into profits at the current price level. In other news, the sales process for Nireus and Selonda has moved forward although the final buyers are still unknown. The process is expected to be completed by February

9 GROUNDFISH November 2017 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 Fresh gutted 2-3 kg/pc Fresh - fillet g/pc Poland Fillet- IQF g/pc FCA Spain CIF 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 g/pc FCA Gadus macrocephalus Fillet - wet salted - 1st quality g/pc = Italy CIP Denmark produced from frozen raw material H&G 1-2 oz * Europe CIF Alaska * * Hake/Merlu/Merluza Minced block Namibia FOB Namibia Merluccius capensis for Spanish market IQF portion, trapeze g/pc Italy CIF IQF g/pc Europe DDP South Africa Merluccius merluccius Fresh - whole g/pc Italy CPT Croatia 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 Fillet, IQF 2-6 oz Europe CFR China Theragra chalcogramma Fillet, baby food quality DDP USA H&G Russian Fed. Russian Fed. > wholesale Vladivostok > > wholesale Moscow 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 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 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 >

10 GROUNDFISH (cont.) November 2017 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 Fresh- whole g/pc * FCA Spain * * Sand steenbras/ Fresh g/pc * Morocco 500/ Marbré/ Herrera 700/ Lithognathus mormyrus Mixed France g/pc Spain Mediterranean CPT FLATFISH November 2017 Turbot/Rodaballo Fresh - whole kg/pc Spain CIF Spain Psetta maxima farmed Fresh - whole < 0.5 kg/pc Netherlands wild Fresh - whole kg/pc Italy CPT Spain/Portugal * * Netherlands * > Fresh - gutted 0.7-1kg/pc * * Sole/Sole/ Fresh - whole < 175 g/pc Spain CIF Netherlands 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

11 FLATFISH (cont.) November 2017 Sole/Sole/ Fresh - whole No Italy CIF Netherlands Lenguado No Solea vulgaris 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 European Flounder/ Fresh - fillets skin-on Large Italy CPT Flet d'europe/ skinless Large Platija europea whole Platichthys flesus FCA Yellowtail flounder/ Frozen- whole Large * Europe CIF North Atlantic Limande à queue jaune/ Limanda Limanda ferruginea Common dab/ Limande/ Frozen- whole Small * Limanda Large * Limanda limanda Greenland Halibut/ Fillet - skinoff, boneless, No quotations Denmark FOB Greenland Reinhardtius blockfrozen hippoglossoides TUNAS/BILLFISHES November 2017 Tuna/Thon/Atún Skipjack - whole main size Bangkok CFR Western/Central Thunnus spp FOB Pacific Ocean Skipjack - whole Ecuador Eastern Tropical Yellowfin - whole = ex-vessel Pacific Ocean Skipjack - whole * FOB East Pacific 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 - whole main size Spain Europe Skipjack - cooked & cleaned double cleaned Italy DDP Solomon Islands loins - vacuum packed Yellowfin - cooked & cleaned double cleaned Kenya/Mauriloins - vacuum packed tius/solomon Is. Skipjack > 1.8 kg/pc * Tunisia CFR Ivory Coast Ghana Skipjack - pre-cooked loins Europe CFR Ecuador Yellowfin - pre-cooked loins double cleaned single cleaned Skipjack - whole kg/pc Ecuador FOB Ecuador Yellowfin - pre-cooked loins double cleaned single cleaned Skipjack - pre-cooked loins Swordfish/Espadon/ Fresh- whole * France, wholesale Atlantic Pez espada Frozen- filet, vacuum * Spain Xiphias gladius Fresh - gutted < 12 kg/pc Italy FCA Whole Mediterranean Whole Atlantic Morocco > SMALL PELAGICS November 2017 Mackerel/Maquereau/ Fresh - whole Italy CPT Belgium Caballa * UK Scomber scombrus Norway France 4-6 pc/kg Fresh - Fillets butterfly cut = Whole g/pc No quotations Netherlands/Poland UK FOB H&G > 200 g/pc na for Eastern Europe Greenl./Faroe. I 11

12 SMALL PELAGICS (cont.) November 2017 Mackerel/Maquereau/ Whole 3-4 pc/kg Spain FOB Spain Caballa Scomber scombrus Horse Mackerel/ Whole > 24 cm/pc Morocco FOB for Morocco Chincard/ Jurel Trachurus spp European market 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 FCA Spain Whole, IQF, 3% glaze Croatia H& G = CPT Italy CEPHALOPODS November 2017 Squid/Encornet/Calamar Whole S (< 18 cm) = Italy CIF South Africa Loligo spp. M (18-25) = L (25-30) = XL (>30) = S (< 18 cm) * EXW M (18-25) * Frozen cm Europe USA whole, block frozen < India > Loligo gayi Whole cm Italy EXW Falkland/ Malvinas Isl Loligo vulgaris Fresh - whole g/pc Italy FCA Morocco < 100 g/pc CPT UK Croatia g/pc France Whole, IWP, block cm CIF Morocco FOB cm CIF cm FOB Whole, block cm CIF cm FOB 6-10 cm CIF Thawed cm CPT cm g/pc = France Squid tentacles Argentina 12

13 CEPHALOPODS (cont.) November 2017 Squid/Encornet/Calamar Whole 2 small Mauritania FOB Mauritania Loligo vulgaris 3 small for European market 4 small small medium large Loligo forbesi Fresh - whole g/pc * Italy CPT Portugal Loligo duvacelli Whole cleaned, < Germany CFR India < Squid/Encornet/Calamar < China Loligo chinensis 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 Squid tentacles Octopus/Poulpe/Pulpo Whole- FAS T Morocco Octopus vulgaris T Whole, cleaned, thawed Whole, thawed T whole, bloc T FOB CIF T FOB Fresh T * CPT Italy T FCA Portugal T Whole - FAS T = Morocco FOB, Morocco 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 > Frozen in land, pots and T = Mauritania FOB Mauritania glaciers, 1 and 2 T = T = T = T = T = FAS T = T = T = T = T = T = 13

14 CEPHALOPODS (cont.) November 2017 Octopus/Poulpe/Pulpo Fresh Italy CPT Croatia Eledone moschata FCA France * CPT Italy Spain extra Croatia small medium g/pc Tunisia < Fresh * France wholesale Europe Frozen * Cuttlefish/Seiche/ Whole, cleaned, IQF < 10 pc/kg Germany CFR India Sepia 20% glaze Sepia spp. Fresh - whole g/pc Italy CPT France/UK Fresh - whole, superior g/pc = IQF, cleaned, 20% glaze g/pc FOB Morocco Frozen, whole block Europe India = CIF Frozen, whole block, cleaned Whole, cleaned, 5*4 kg block 5-7 pc/kg * CFR 10% glaze * * Whole, cleaned, 10kg pack 5-7 pc/kg * 25% glaze, IQF * Fresh- whole, cleaned * France wholesale France * Europe Frozen, whole * Frozen, slices * CRUSTACEANS November 2017 Whiteleg shrimp/ PD, chemical treatment pc/lb Europe CFR Indonesia Crevette pattes 100% net weight blanches/camarón treated with non-phosphate patiblanco Penaeus vannamei PUDT, 6*2 block, pc/kg * India 100% net weight * * PD, 6*2 block, pc/lb % net weight Head-on, Shell-on pc/kg South/Central Central America America CIF for European main ports >

15 CRUSTACEANS (cont.) November 2017 Argentine red shrimp/ Head-on, shell-on pc/kg Spain EXW Argentina Salicoque rouge/ d'argentine/camarón = langostín argentino = Pleoticus muelleri pc/kg Europe CIF Tails Scarlet shrimp/ Head-on, shell-on 8-12 pc/lb * Suriname Gambon écarlate/ * Gamba carabinero Plesiopenaeus edwardsianus Black tiger/crevette Headless 8-12 pc/lb * Russian Fed. CFR Bangladesh tigrée/camarón tigre 30% glaze, IQF * Penaeus monodon * * * Headless, shell-on, block pc/kg Europe CFR Belgium frozen HOSO, net weight, net count pc/kg India block frozen Deep-water rose shrimp/ Fresh - Peeled tail Mixed Italy CPT Italy Crevette rose du large/ = Croatia Gamba de altura/ Peeled, 25% glaze, IQF pc/kg * Tunisia Parapenaeus longirostris * Farmed, organic, cooked pc/kg * France, wholesale Madagascar * * Farmed, cooked * Fresh, organic, shell-on pc/kg * Northern prawn/ Fresh * Spain CIF Denmark Crevette nordique/ * Camarón norteño * Pandalus borealis Common shrimp/ Fresh, shell-on Netherlands Crevette grise/quisquilla Crangon crangon Head-on, shell-on Fresh, shell-on pc/kg * France, wholesale Europe/ Frozen, cooked, wild * Northern Europe Norway lobster/ Fresh - Whole 5-16 pc/kg * France Langoustine/Cigala * Nephrops norvegicus * * Frozen- Whole, cooked * Europe Fresh - Whole, raw, bulk * Retail Fresh - Whole, cooked bulk * Fresh - Whole 3-5 pc/kg na Spain DDP Netherlands 4X1.5 kg Tails Whole 00 pc/kg = Spain CIF Scotland = = = = = Fresh - whole 5-9 pc/kg Netherlands

16 CRUSTACEANS (cont.) November 2017 Norway lobster/ Spain CIF Netherlands Langoustine/Cigala Nephrops norvegicus Fresh - whole, head 6-9 pc/kg * Italy CPT Denmark/ UK * = European lobster/ Live - bulk g/pc France delivered Ireland Homard européen/ to French vivier Bogavante Fresh - whole Large Italy CPT UK Homarus gammarus small g/pc > 1kg 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) for European mkt Whole cooked netted lobster canners CAN Europe CIF market CAN Caribbean spiny lobster/ Tails 5-6 oz = Europe CIF Nicaragua Langouste blanche/ 7-9 oz Langosta común del Caribe oz Panulirus argus 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/ female France Maja squinado male Fresh-female small male small Snow crab/ crabe des Frozen- meat Europe CIF Chile neiges/ Cangrejo de las nieves Chionoecetes opilio BIVALVES November 2017 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 Bulk = France wholesale France Mytilus edulis = Netherlands Mytilus galloprovincialis Live - Rope pc/kg = Spain Fresh pc/kg no quotation Spanish market EXW Fresh - whole Italy CPT Italy = FCA Spain CPT skin-packed = 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

17 BIVALVES (cont.) November 2017 Mussel/Moule/Mejillón IQF mussel meat Europe CFR Chile Mytilus chilensis Whole, Vacuum Packed with Sauces Vacuum Packed without Sauces IQF Half Shell Mussels Razor shell/couteau/ Fresh S Spain CIF Ireland Navajas - Solenidae M L Live cm/pc = Netherlands Scallops Europe CIF US Great atlantic scalop/ Fresh whole shell, roe-on * France wholesale France Coquille-St- Jacques/ Fresh whole shell, roe-off * Vieira Fresh, meat, roe-on * Pecten maximus Frozen, meat, roe-on * Europe Frozen, meat, roe-off * Fresh, whole shell, bulk, roe-on * Retail Fresh, whole shell, bulk, roe-off * Lyrate hard clam/ * Vietnam cythérée lyre Meretrix lyrata Hard clam/ Praire * France wholesale France Chirla mercenaria Mercenaria mercenaria Japanese carpet shell Large * Palourde japonaise/ almeja japonesa Venerupis philippinarum SALMON November 2017 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 > Fresh - gutted, head-on 2-3 kg/pc = France wholesale = kg/pc = Scotland Superior quality = Smoked- Fillet, vaccuum 1-2 kg/pc = reconstituted sides Fresh- Fillet 3-4 kg/pc = Smoked- Fillet, vaccuum 1-2 kg/pc = reconstituted sides Fresh - gutted, head-on, 2-3 kg/pc * Spain CIF Superior quality * * * * Fresh - gutted, head-on 1-2 kg/pc NOK Norway FOB Norway 2-3 NOK NOK NOK NOK NOK NOK 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 17

18 SALMON cont.) November 2017 Atlantic salmon/ IQF - salmon slices Europe CFR Norway Saumon de l'atlantique/ Fresh - Whole - Superior 2-3 kg/pc Italy DDP Salmón del Atlántico Salmo salar * 9-10 na Fresh- Whole Fillet, cooked FCA Italy IQF portion, 10% glazing g/pc Denmark Head-on, gutted, grade kg/pc Denmark DDP Chile Fillet, interleaved 1-2 lb/pc Fillet, VAC 1-2 lb/pc Atlantic salmon/ Fillet, IQF 2-3 lb/pc Denmark DDP Chile Saumon de l'atlantique/ Salmón del Atlántico Bits and pieces Europe CIF Salmo salar scapped meat Pink salmon/ saumon rose/ green roe USA Salmón rosado Oncorhynchus gorbuscha TROUT November 2017 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 = Trucha arco iris Fresh- whole * France wholesale France Oncorhynchus mykiss Fillet * Fillet, smoked * Whole, gutted, bulk * Retail FRESHWATER FISH November 2017 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 EXW 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 Pike perch/sandre/ - Fillet - skin-on- Wild HUF Hungary EXW Poland Lucioperca Fresh on ice- whole, gutted, kg/pc HUF * Hungary Sander lucioperca head-on Nile Tilapia/Tilapia du Fillet - skinless, IQF, PBO 5-7 oz/pc Spain CFR 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 kg/pc HUF Clarias gariepinus 18

19 FRESHWATER FISH November 2017 European catfish/ Live kg/pc HUF Hungary Hungary Silure glane/siluro Fresh on ice - slices HUF ex farm Silurus glanis Fresh on ice - fillets HUF Pangasius spp. Fillet refreshed = Italy CIF Vietnam Fillet, IQF, white - 20% glaze g/pc CPT 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 November 2017 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 European eel/ Smoked Medium * France wholesale Europe Anguille d'europe/ Anguila europea Anguilla anguilla SEABASS/SEABREAM/MEAGRE November 2017 Seabass/Bar, Fresh - whole g/pc = Greece FOB Greece Loup/Lubina farmed = Dicentrarchus labrax = = > = g/pc = Italy CIF = = = > = Fresh - whole g/pc = France CIF Greece farmed = = = > = g/pc = Spain CIF = = = > = g/pc = Germany CIF = = = > = g/pc = Portugal CIF = = = > = g/pc = UK CIF = = = > = g/pc Italy FCA

20 SEABASS/SEABREAM/MEAGRE (cont.) November 2017 Seabass/Bar, Fresh - whole Italy FCA 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 Italy CPT Egypt Mediterranean = = = > = Farmed - Orbetello Large = FCA Italy Medium = Small = 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 = = > = g/pc UK CIF = = > = 20

21 SEABASS/SEABREAM/MEAGRE (cont.) November 2017 Gilthead seabream/ wild g/pc Italy FCA Morocco Dorade royale/dorada Sparus aurata > farmed g/pc CIF Greece wild g/pc CPT Egypt Pagrus pagrus g/pc Tunisia Diplodus sargus Senegal farmed g/pc Portugal 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 = = = Fresh- whole, wild > 1000 g/pc * France wholesale France 21

22 The European Fish Price Report is a monthly GLOBEFISH publication. This issue was prepared by Helga Josupeit, Nada Bougouss, Weiwei Wang and Felix Dent. PRICE REFERENCE (INCOTERMS 2010) CFR Cost and Freight CIF Cost, Insurance and Freight CIP Carriage and Insurance Paid To CPT Carriage Paid To DAT Delivered at Terminal DAP Delivered at Place DDP Delivered Duty Paid EXW Ex Works FCA Free Carrier FAS Free Alongside Ship FOB Free on Board (DAF, DES, DEQ and DDU have been cancelled) PRODUCT FORM C&P FAS H&G HOG IQF IWP PBI PBO PD PTO PUD SYMBOLS Cooked and Peeled Frozen at Sea Headed and Gutted Head on Gutted (salmon) Individually Quick Frozen Individually Wrapped Pack Pinbone In Pinbone Off Peeled and Deveined Peeled Tail On Peeled, Undeveined + 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 US$ EUR Canada CAD Hungary HUF Norway NOK USA USD 1.18 EU EUR 0.85 Denmark DKK Exchange Rates: 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.

23 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