Issue 2/2017 February 2017

Transcription

1 Issue 2/2017 LATEST TRENDS After a very slow start to the year, fish trade in Europe is beginning to pick up. This is mainly due to buying interest associated with the Lenten season, when fish consumption is generally high, particularly in the Southern part of the continent. GROUNDFISH Most of the major groundfish producing countries are not exerting much fishing effort at present due to winter weather conditions. In addition, there is a fishermen s strike currently in force in Iceland which has resulted in a sharp drop in landings. Combined with a lack of available stocks, this is pushing prices upwards. UK consumers are facing higher prices for cod and haddock as the Icelandic fishermen dispute has led to a drop in imports and job losses amongst British suppliers. Cod supplies from Iceland are down by 75% due to the strike, which is a consequence of shrinking incomes linked to currency fluctuations and the Brexit vote. COD - in Poland (FOB, origin: Baltic Sea) Index for prices Groundfish 8 Flatfish 9 Tuna 10 Small Pelagics 11 Cephalopods 11 Crustaceans 13 Bivalves 15 Salmon 15 Trout 16 Freshwater fish 16 Non Traditional Species 17 Seabass-Seabream- Meagre 17 USD/kg Fresh gutted 1.49 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 supply crisis has forced job cuts at the Grimsby market, with roughly onefifth of staff let go, and if the strike continues prices are expect to spike. Cod and haddock are a staple part of the British diet and the impact on the UK consumer will be severe. Meanwhile, downward price trends for Alaska pollock have been observed in Russia, as good catches have created oversupply. TURBOT - in Spain, origin: Spain EUR/k Fresh - whole, cultured 0.5-1kg/pc 1-2 kg/pc 2-3 kg/pc 3-4 kg/pc Prices of wet-salted cod fillets from frozen raw material (Gadus macrocephalus) remained stable at the high levels reached in the past month, supported by a general lack of stocks. For wet-salted cod fillets (Gadus morhua) from fresh raw material of Faroese and Icelandic origin, there is very little raw material available and prices are still increasing. This situation has also been exasperated by the strike in Iceland referred to above. TUNA - BILLFISHES Tuna prices are currently increasing due to various factors. Supply is relatively low, while processors in Asia are processing tuna into loins in order to take advantage of the zero duty which the EU has granted to Asian loin producers. However, the quota is expected to be depleted soon; as of 9 February, there is less than 3% of the initial tonnes remaining. TUNA - Pacific Ocean USD/kg Fishing in the Western and Central Pacific remains slow but the majority of these catches are being landed in Thailand. There has also been a reduction in the number of carriers arriving in Thailand from the Indian Ocean, but raw material inventories at Thai canneries are reported to be healthy. Catches in the Indian Ocean have shown signs of dropping and transhipment activities have been reduced as a result. Local canneries are continuing to report adequate raw material inventories, while skipjack and yellowfin prices are on the rise. Vessels in the Atlantic Ocean continue to observe the FAD closure and fishing is reported to be poor. Local canneries are reporting sufficient raw material inventories. As a result of the 2 Skipjack Bangkok CFR Skipjack Ecuador, ex-vessel

3 poor fishing, skipjack and yellowfin prices are on the up. Slow fishing in both Indian and Atlantic Oceans has driven European prices for skipjack and yellowfin higher. Meanwhile, the market price for cooked, double cleaned yellowfin loins is stable, but is likely to rise once the duty free quota for Asian precooked loins is exhausted. TUNA - Spanish canneries EUR/kg The second IATTC veda closure in the Eastern Pacific ended on 18 January. Skipjack catches are reported to be moderate-to-good while yellowfin catches remain poor. Local canneries continue to report healthy raw material inventories, but skipjack and yellowfin prices are climbing. Final product prices are very high in Thailand, which has helped competing Ecuador to sell increasing TUNA - Loins quantities, particularly to European buyers. USD/Kg Sales of canned tuna to several American 9.5 countries have also improved. The new EU zero duty agreement, which came into force 5.0 on 1 January, 2017, has greatly facilitated long-term planning for Ecuadorian 2.0 companies. Many Spanish companies are now buying precooked loins in Ecuador rather than in Thailand as a result of the duty free advantage. Yellowfin > 10 kg, Spain CFR Skipjack main sizes, Spain CFR Skipjack - frozen cooked loins, single cleaned, Spain/Italy DDP SMALL PELAGICS Small pelagic catches in the Baltic Sea are seasonally low and demand is moderate, but prices are nevertheless increasing in Poland. On the Russian market the trend is in the opposite direction as Pacific herring is in ample supply and demand is generally weak. 3

4 CEPHALOPODS Squid demand has declined in Europe and prices have started to fall back from the sky-high levels reached over the course of Local catches of squid in South Africa have slowed and shipments are good, meaning that stock levels are dropping. The higher proportion of small sized squid has seen their price fall somewhat more than the larger sizes. CRUSTACEANS Shrimp prices in December and January have been dropping, which is typically seen after Christmas. From March onwards prices can be expected to starting increasing, before declining again in September and October as the new farm crops hit the markets. Overall demand for shrimp has increased in Europe after the extremely low levels of last year. Supply is low at the moment, and the few available suppliers have been able to increase their price levels substantially. WHITELEG SHRIMP - origin: Ecuador USD/kg pc/kg In Argentina, after the start of the campaign was delayed due to bad weather, the fishing in December and January was very good. In February, however, catches have begun to decline and it is likely that fishing will come to a halt by the end of the month. The plentiful catches of December and January, together with the enormous quantities of large sized Argentine shrimp still in stock in Europe at the end of the year and the lack of demand EUROPEAN LOBSTER - in Europe, origin: EUR/kg observed in the first months of the year (this 15.0 year Easter is delayed until mid-april), is 10.0 expected to exert a strong downward pressure on prices in Europe, especially in the 10/20 size range, eliminating the gap in / gr/pc prices compared with smaller sizes. 4

5 The major crab and lobster fishing season is now finished in most producing regions. Demand is also low at present. Canadian lobster production will not start until 1 May, and traders are awaiting the start of this season to decide on price levels. BIVALVES French bouchot mussels are still available on the market, along with Irish rope mussels, Spanish galloprovencialis and Dutch bottom mussels. The Dutch and bouchot seasons are now past their peak and supplies from these sources are expected to decline throughout the first quarter of End of year oyster sales in France for 2016 are said to have been better than 2015 in terms of both price and volume. The 2017 season should therefore be off to a healthy start without too much carryover stock. SALMON European sales of farmed Atlantic salmon from Norway were down in January compared with the same month in 2016, suggesting that the extremely high price level is beginning to impact demand at the consumer level. According to recent figures released by the Norwegian Seafood Council (NSC), export volumes to the EU were down by tonnes, with North America and Asia taking some of the volume typically absorbed by the core EU market. Total Norwegian export sales of salmon were NOK 1.1 billion higher in January, 25% higher than January 2016, supported by a 23% increase in average price to NOK per kg. This price represents a decline from the peak reached at the end of December, however, and prices have continued their downward trend into February as seasonal demand subsides. In contrast, Scottish salmon prices are being SALMON - in France, origin: Norway (3-6 maintained at high levels as exporters benefit from a weaker British pound and the EUR/kg 8.0 development of a number of newer markets 7.0 across Europe and Asia. In the longer-term, passing high raw material costs onto consumers has been an 2.0 ongoing challenge for the European salmon industry, and has created substantial difficulties for supply chain intermediaries in particular. A further consequence of the price volatility has been an increasing reluctance amongst processors to lock in volumes through supply contracts, instead turning to the more flexible spot market to meet requirements as needed. Product developers are also exploring options to make more efficient use of costly

6 raw material, focusing on smaller portions packaged for convenience. The fundamentals of the salmon market remained unchanged, however, with a pronounced global supply shortfall pulling against rapid demand growth across the world. The inevitable result of this situation is higher prices, and forward markets are reflecting this, with FishPool forward prices well above NOK 63 per kg for every quarter until late TROUT The market for Norwegian farmed trout has TROUT - Ex-farm prices in Italy shown a spectacular recovery since it was shut EUR/kg out from its number 1 market, Russia, in Indeed, the industry has been so successful in 4.0 generating demand in alternative markets that it is presently facing severe supply shortages and soaring prices. Prices are now almost 70% higher than the same period last year, while biomasses at Norwegian farms were 33% down in December compared with a year previously. Buyers in the key markets of Trout: Salmo spp Rainbow Trout: Oncorhynchus mykiss Poland, Japan and Belarus will likely have to grapple with high material costs for some time to come. FRESHWATER FISH The first three months of the year are typically a low consumption period for carp. Demand is extremely weak and thus producers are not putting a lot of product on the market. Prices of carp in Hungary are very soft. After the demand peak of the Chinese New Year, when all economic activities effectively came to a standstill, prices of tilapia have now returned to normal levels. CARP - in Europe, origin: Hungary HUF/kg Carp - whole - live Carp - Slices, fresh on ice Carp - Fresh, whole, gutted, head-on Carp - Fillets, fresh on ice 6

7 Pangasius prices are going up in Viet Nam, despite the sharp drop in demand from Spain due to the Carrefour ban on sales of pangasius in its outlets and the overall negative media coverage of the pangasius sector. Meanwhile, the overall upward trend in prices for Nile perch continues due to the shortage of fish from Lake Victoria. Pangasius - in Spain, origin: Viet Nam USD/kg Fillets - interleaved, 20% glaze, skinless, boneless, belly-off SEABASS - SEABREAM - MEAGRE The European market for farmed bass and bream is in its seasonal lull at present, with prices only just beginning to climb out of their annual low towards their annual peak in early summer. However, the start of the new year is an opportunity to assess the annual performance of the bass and bream sector in The primary challenge of the year was an increase in total supply that exceeded market expectations and brought prices sharply down from their previous year highs, particularly in the case of bream. Although all major producers, including Greece, increased their export volumes in 2016, Turkey was notable for recording a 44% increase in bream export volume. Over the full year, Turkey exported tonnes of bream compared with in This caused a 17% drop in the average price SEABASS/SEABREAM - in Italy origin: Greece EUR/kg Seabass fresh whole gr/pc of fresh bream out of Turkey, with similar effects rippling across the wider European market. In contrast, the total increase in bass supply was relatively minor, and the market remains reasonably balanced. In the longer term, higher levels of juvenile stocking in major producing countries have introduced a degree of concern to the markets, as this is expected to lead to further hikes in supply volumes over the next couple of years, with price declines the likely result Seabream fresh whole gr/pc 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 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 IQF portion, trapeze g/pc Italy CIF IQF g/pc Europe DDP South Africa Merluccius merluccius Fresh - whole g/pc Italy 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 Fillet, IQF 2-6 oz Europe CFR China Theragra chalcogramma Fillet, baby food quality DDP USA Surimi (Alaska pollack) H&G Russian Fed. Russian Fed. > wholesale Vladivostok > > wholesale Moscow 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 8

9 GROUNDFISH (cont.) 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 > 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 FLATFISH France g/pc Spain Mediterranean CPT 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 > Fresh - whole 1-2 kg/pc Netherlands wild

10 FLATFISH (cont.) Sole/Sole/ Fresh - whole < 170 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 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 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. 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

11 TUNAS/BILLFISHES (cont.) Swordfish/Espadon/ Frozen at sea, DWT kg/pc Spain FOT Spain Pez espada 100% net weight Xiphias gladius Fresh - gutted < 12 kg/pc Italy FCA Whole Mediterranean Whole Atlantic > 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) = Frozen cm * Europe USA whole, block frozen < = India = > 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 <

12 CEPHALOPODS (cont.) Squid/Encornet/Calamar < Germany CFR 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 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 % 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 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 Frozen, whole block frozen * Europe India * 12

13 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 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 > 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 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 pc/kg Europe CFR Belgium frozen HOSO, net weight, net count pc/kg India block frozen

14 CRUSTACEANS (cont.) Deep-water rose shrimp/ Fresh - Peeled tail Mixed Italy CPT Italy Crevette rose du large/ Gamba de altura/ Parapenaeus longirostris 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 00 pc/kg 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) for European mkt > 450 CAN (market size) Whole cooked netted lobster canners CAN market CAN 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

15 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

16 SALMON (cont.) Atlantic salmon/ Fresh 3-4 kg/pc Spain CFR Norway 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

17 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 Vietnam 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 = >

18 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 18

19 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 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 = = > = 19

20 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 = = = 20

21 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 US$ EUR Canada CAD Hungary HUF Norway NOK USA USD 1.06 EU EUR 0.94 Denmark DKK Exchange Rates:

22 The European Fish Price Report is a monthly GLOBEFISH publication. This issue was prepared by Helga Josupeit, Weiwei 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. 11

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