Issue 1/2018 January 2018

Transcription

1 Issue 1/2018 January 2018 LATEST TRENDS January is a rather quiet month for seafood demand in Europe. The focus has now changed to Chinese markets due to an overall reduction in European demand in the wake of the holiday season. Strong demand from China in expectation of the Chinese New Year festivities in mid-february will draw supplies way from the European market, where traders are reluctant to buy at the high price levels prevailing at present. GROUNDFISH Cod remains in low supply due to limited catches and reduced quotas for this year. Prices are increasing in all major markets. COD - in Poland (FOB, origin: Baltic Sea) USD/kg Index for prices Groundfish 9 Flatfish 10 Tuna 11 Small Pelagics 11 Cephalopods 12 Crustaceans 16 Bivalves 19 Salmon 20 Trout 21 Freshwater fish 22 Non Traditional Species 23 Seabass-Seabream- Meagre 24 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 Very strong sales were reported for cultured Spanish turbot during the Christmas season, but at a lower average price. In January 2018 prices have started to move up, but are still 40 percent below what they were in January Decreasing prices of Alaska pollock are reported in Vladivostok. On the contrary, there are increasing price of Alaska Pollock in Moscow due to high demand and a few offers in the market. TURBOT - in Spain, origin: Spain EUR/kg Fresh - whole, cultured 0.5-1kg/pc 1-2 kg/pc 2-3 kg/pc 3-4 kg/pc Strong demand and high prices in the fresh and frozen cod market is creating supply problems for the cured market. Cured cod is still considered a product for periods when supply is plentiful rather than a value-added product. A further increase in prices is expected in February and March 2018 for wet-salted cod fillets from frozen Pacific cod (Gadus macrocephalus), and there is also a shortage of product in the market for wet-salted Atlantic cod fillets (Gadus morhua) from fresh raw material of Faroese and Icelandic origin. Meanwhile, the market is stable for wet-salted ling fillets, where there has been continuing good catches and high consumption. In general, the quality of stockfish at present is far better than in 2016, when black spots were present on the skin due to the persistent rain TUNA - BILLFISHES Price of tuna, especially of skipjack, continue the downward trend which began in November Limited demand from the Thai industry, which itself is a result of sluggish demand for the final product, has led to a steep decline in skipjack prices to USD per tonne, compared with almost USD in late October Some experts expect the price to dip below USD in the coming days, and the canned tuna industry is becoming more and more competitive. TUNA - Pacific Ocean USD/kg Skipjack Bangkok CFR Skipjack Ecuador, ex-vessel Fishing in the Western and Central Pacific has slowed down to a moderate pace. However, due to the large number of carrier landings in December and the end-of-year closure at Thai canneries, raw material inventories remain at a healthy level. The second 2-month IATTC veda in the Eastern Pacific is ending on 19 January 2018, and catches have been poor for those vessels (some 36 percent of the total) that have opted to continue fishing over this period. While raw material supplies continue to be supplemented 2

3 by carriers arriving from the Indian Ocean and the Western and Central Pacific, inventories at local canneries have fallen to a low level. Despite the lack of raw material, however, prices for Ecuadorian, EU-eligible skipjack have fallen to USD per tonne ex-vessel Manta, while those for skipjack from Western and Central Pacific carriers are at USD CFR Manta, reflecting the downtrend on the Thai market. In contrast, yellowfin price have increased slightly. TUNA - Spanish canneries EUR/kg Yellowfin > 10 kg, Spain CFR Skipjack main sizes, Spain CFR Fishing in the Indian Ocean has resumed for all fleets since the start of the year. Raw material inventories at local canneries remain healthy. Both skipjack and yellowfin prices have fallen. The annual 2-month FAD closure in the Atlantic Ocean came into effect on 1 January Both catches and raw material inventories at local canneries are moderate. In line with the global trend, skipjack and yellowfin prices are declining. In Europe, prices for skipjack have fallen while yellowfin prices remain stable. Meanwhile, the market price for cooked, double cleaned yellowfin loins is down due to the arrival of duty-free quota loins. The tonne duty-free quota was already exhausted by the first week of January. TUNA - Indian/Atlantic Oceans TUNA - Loins EUR/kg USD/Kg Skipjack, Seychelles, FOB Yellowfin, Seychelles, FOB Skipjack, Abidjan ex-vessel Yellowfin, Abidjan, > 10 kg, ex-vessel Skipjack - frozen cooked loins, single cleaned, Spain/Italy DDP Yellowfin - frozen cooked loins, double cleaned, Italy DDP SMALL PELAGICS Demand for herring in Poland is good at the moment, while catches are declining, pushing prices higher. Sprat prices are reported to be stable. Pacific herring is in ample supply and is selling at record low price levels in Vladivostok. On the Moscow market, however, price of Pacific herring is stable. 3

4 CEPHALOPODS Catches in the South African Loligo squid fishery have been good, and it is estimated that more than tonnes have been landed since the season reopened on 23 November. Prices for the larger sizes are holding up well, but they are weak for the smallest size "S". While the current catch rate is pointing EUR/kg to softening prices, however, the strength of the local currency, the rand, is discouraging price cuts. The rand has firmed from ZAR to ZAR to the Euro in 6 weeks. SQUID - in Italy, origin: South Africa Squid - Whole, FAS, size M 7.55 Low demand from Europe is reported for cuttlefish, with slightly downward trending prices. Most of the cuttlefish supply is being directed to East Asia. CRUSTACEANS During the Christmas season, consumer demand for shrimp remained low, confirming a weaker shrimp market in In January, demand has remained weak but prices have been stable. Price increases in the coming months are likely, as imports in EU28 will be seasonally low until April/May 2018 and high demand for shrimp in East Asia is anticipated for the Lunar New Year celebration in February. ARGENTINA RED SHRIMP - origin: Argentina EUR/kg > pc/kg > > > The Argentine fleet posted record catches of shrimp in 2017, with the total in the first three quarters of 2017 already exceeding the previous tonne record achieved during Exports from Argentina, which is one of the leading suppliers of sea-caught shrimp, were, at tonnes, 16 percent higher in the first nine months of 2017 compared with the same period of This was due primarily to increased exports to the USA, Japan, Viet Nam, Thailand and the Russian Federation. Exports to the EU and China fell over the same period 4

5 (-15 percent each). As inventories in Europe of Argentina shrimp are relatively high, prices are likely to come down soon, with the exception of large sized shrimp, that had been sold at a very low price in recent months. OTHER CRUSTACEANS Demand for crab and lobster remained firm for year-end sales. This is the end of the fishing season for European lobster and stocks are low, pushing prices up. There are some difference with regard to inventories of American lobster in Canada and the USA. While there are some whole raw and cooked lobster and cooked lobster meat on stocks, the lobster tails inventories are scarce, so prices will be high for tails in coming months. The Canadian new season will re-open on 1 May. Canadian exporters will be taking advantage of duty-free status in the EU under the Comprehensive Economic and Trade Agreement (CETA) in the new season to the disadvantage of US exporters. Meanwhile, demand in Italy has been weak in January, for tropical lobster, and prices have fallen sharply as a result. Demand for crab was high during the holiday season, leading to a record price of EUR 4.85 per kg. EUROPEAN LOBSTER - in Europe, origin: EUR/kg / gr/pc CRAB - in France, origin: Europe EUR/kg kg/pc BIVALVES French Bouchot rope and Dutch bottom mussels are plentiful on the French market. Organic rope mussels are also widely available and well accepted by French consumers, who are willing to pay a higher price for what is considered a more healthy product. Spanish mussels have also managed to carve out a market slot as a lower priced alternative. 5

6 December is the strongest season for MUSSEL BOUCHOT - in France shellfish sales in general, and for oyster sales EUR/kg in particular. December sales can represent 6.0 over 50 percent of annual sales of oysters of 5.5 French origin, the main oyster exporting country. According to the oyster mortality 4.0 monitoring bulletin from the French scientific institution IFREMER dated 18/12/2017, the average cumulative mortality rate is 70 percent on national level for seed oysters Monthly average consumer prices in metropolitan with high regional variation. Juvenile and adult oysters are reported as having much lower mortality rates (8 percent and 7.2 percent respectively). Overall, according to the IFREMER monitoring programme, seed mortalities are a little above 2016 levels whereas juvenile and adult mortality rates are well below last year s figures. Summer oyster growth is reported to have been disappointing which has led to a shortage of large oysters. SALMON Prices for Norwegian farmed Atlantic salmon began the year close to record highs but NOK/kg declined steeply in the last two quarters as a buildup of biomass led to a spike in harvest volumes. However, it appears this trend is reversing in early 2018 as supply tightens once again. As of week 1, 2018, the Fish Pool Index, which reflects average Norwegian export prices for fresh whole Atlantics, was at NOK per kg, significantly higher than the 2017 low of NOK per kg but some way below the NOK per kg observed in week 1, Salmon - origin: Norway Despite the decline in the second two quarters, the average price for 2017 as a whole was still higher than the previous year, and the full-year report recently released by the Norwegian Seafood Council (NSC) showed a 5 percent increase in Norway s farmed Atlantic salmon export revenues in 2017, driven by higher prices overall and a 2.8 percent increase in total export volumes. The annual totals came to 1 million tonnes worth NOK 64.7 billion. The EU remains by far the most important market for Norwegian salmon exporters but its relative share declined slightly in 2017 after a 2 percent drop in EU-destined volume and a 1 percent increase in value. Offsetting this decline is a significant increase in exports, of 11 percent in value and 13 percent in volume, to Asian markets such as Japan, Viet Nam and 6

7 the Republic of Korea, and also increased exports to a salmon-hungry US market. In Scotland, a weaker British pound, strong demand in the EU, the US and China, and high prevailing prices meant record revenues for the industry in In line with their Norwegian counterparts, prices for Scottish fish fell towards the end of the year but have begun a recovery in early Current forward prices at Fish Pool reflect the broad market consensus for an average price level of NOK 55 per kg for January and just below that for 2018 as a whole. This would represent a decline of about 10 percent compared with 2017, and is the result of an expected increase of around 8 percent in global supply of farmed Atlantic salmon. Demand is firm and stable in the EU, where economic conditions are improving. TROUT Continuing tight supply of farmed trout from Norway saw 2017 exports drop 42 percent TROUT - Ex-farm prices in Italy EUR/kg in volume terms to tonnes and percent in value to NOK 2.9 billion, figures 4.0 that reflect the effect that the lack of fish has had on price levels. Although good biological performance over the course of the year saw biomass growth accelerate and eased some pressure on prices in the second half of the year, farmed trout remains scarce and demand from the US, Trout: Salmo spp Rainbow Trout: Oncorhynchus mykiss Eastern European and Asian markets should prevent prices from dropping much further in FRESHWATER FISH As typically seen after the Christmas holidays there has been a drop in sales in Hungary, Germany and the Czech Republic, which are the traditional markets for these species. Supplies are tighter but are still sufficient to meet demand, with most producers making use of this period of year to maintain their units for live fish and try to empty ponds. Sales campaigns for carp are continuing, albeit at sharply discounted prices. CARP - in Europe, origin: Hungary HUF/kg Carp - whole - live Carp - Fillets, fresh on ice Carp - Slices, fresh on ice

8 Due to negative press, European demand for pangasius continues to decline. As a result, imports into the EU were some 15 percent down in 2017 and Viet Nam, the main supplier of this species to the European market, is diversifying its exports, increasing sales to Africa and Latin America. Tilapia imports into the EU, in contrast, grew somewhat in 2017, but this species still is rather marginal in the EU market, equivalent to only one third of total pangasius imports in volume terms. SEABASS - SEABREAM - MEAGRE Both of the two major Mediterranean suppliers, Turkey and Greece, have been supplying the European market with significantly greater quantities of bass and bream this year, and this has pushed prices downwards. Compared with December, January prices for Greek seabream on the Italian market rose slightly for small sizes ( g) and extra-large sizes (1kg+) grade but dropped for the g category, SEABASS/SEABREAM - in Italy origin: Greece EUR/kg Seabass fresh whole gr/pc Seabream fresh whole gr/pc while seabass prices remained stable for small ( g) and large (800g+) fish but fell for all other sizes. For the mid-size category ( g), prices are now at their lowest point in 4 years in Italy, while reports from Spanish wholesale markets reflect similar trends. Without a significant negative supply shock, total production of bass and bream in the Mediterranean region can be expected to remain at or above 2017 levels over the next couple of years and although progress in market diversification, technological innovation, product development and marketing means that the sector is not as vulnerable to price crashes as it once was, the short and medium-term outlook remains uncertain. In other industry news, there are now eight bidders competing for majority stakes in two of the largest Greek bass and bream companies, Nireus and Selonda. The majority of the remaining potential buyers are US and European based investment funds seeking to advance consolidation of the Greek industry by acquiring both firms. The sales process is now expected to be completed sometime in the second quarter of

9 GROUNDFISH January 2018 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 Fillet- thawed H&G 1-2 lb/pc Europe CIF Alaska/USA * Whole, longline = 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 g/pc Merluccius productus Fillet, PBO = Spain EXW USA Minced block = Alaska pollack/lieu H&G Russian Fed. Russian Fed. de l'alaska/colín > wholesale Vladivostok de Alaska > Theragra chalcogramma > wholesale Moscow Surimi (Alaska pollack) Stick - Paprika 250 g/pc France CFR Spain Hoki H&G g/pc Spain FOB Macruronus magellanicus Haddock/Eglefin/Eglofino H&G < 0.8 kg/pc no quotation Sweden FCA Norway Melanogrammus aeglefinus Ling/Lingue franche/ Fillet - wet salted kg/pc = Italy DDP Faeroe Islands Maruca Produced from fresh raw material Molva molva 1st quality 8

10 GROUNDFISH (cont.) January 2018 Monkfish/Baudroie/ Fresh - Tail < 0.3 kg/pc Italy CPT UK Rape Lophius spp > Fresh - whole kg/pc FCA France John Dory/ Frozen skin-on g/pc Germany CFR China Saint Pierre PBO, chemical free, 100% net Pez de San Pedro weight, IQF,Bulk, frozen weight Zeus faber +count Fresh whole 1-2 kg/pc * France, wholesale France * Fresh - gutted g/pc Italy CPT Senegal Fresh- whole g/pc FCA Spain Sand steenbras/ Fresh g/pc Morocco Marbré/ Herrera 500/ Lithognathus mormyrus 700/ Mixed FLATFISH January 2018 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 farmed =

11 FLATFISH (cont.) January 2018 Fresh - whole kg/pc Netherlands wild > 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 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 = CPT Denmark Scophthalmus rhombus Fresh, whole g/pc * Netherlands * Fresh, gutted g/pc * * 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 hippoglossoides blockfrozen

12 TUNAS/BILLFISHES January 2018 Tuna/Thon/Atún Skipjack - whole Bangkok CFR Western/Central Thunnus spp. Pacific Ocean Skipjack - whole Ecuador Eastern Tropical Yellowfin - whole ex-vessel Pacific Ocean Skipjack - whole Seychelles Indian Ocean Yellowfin - whole FOB Skipjack - whole Abidjan Atlantic Ocean Yellowfin - whole > 10 kg ex-vessel Skipjack - whole kg/pc Spain CFR Various origins Yellowfin - whole > 10 kg = 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 Yellowfin- whole > 10 kg Spain DAT Atlantic Ocean 3-10 kg/pc Yellowfin- frozen loins DDP Eastern Pacific Skipjack - whole > 3.5 kg DAT Atlantic Ocean Skipjack- frozen loins DDP Eastern Pacific Bigeye- frozen loins Bigeye- whole > 10 kg DAT Atlantic Ocean Skipjack - whole Europe CFR 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 January 2018 Mackerel/Maquereau/ Fresh - whole Italy CPT Belgium Caballa UK * Croatia Scomber scombrus Norway France 4-6 pc/kg Fresh - Fillets butterfly cut Indian mackerel/ Whole, IQF 1-6 pc/kg Tanzania CIF Yemen Maquereau des Indes Whole, frozen block = Caballa de la India * Rastrelliger kanagurta 11

13 SMALL PELAGICS (cont.) January 2018 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 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 Fresh - whole = Sprattus sprattus Sardine/Sardine/ Sardina Fresh - whole Italy CPT Croatia Spain Sardina pilchardus Italy France Fresh - fillet UK FCA Spain Whole, IQF, 3% glaze Croatia H& G = CPT Italy CEPHALOPODS January 2018 Squid/Encornet/Calamar Whole S (< 18 cm) Italy CIF South Africa Loligo spp. M (18-25) L (25-30) XL (>30) S (< 18 cm) Europe CFR M (18-25) L (25-30) XL (>30) S (< 18 cm) Italy EXW M (18-25) Frozen cm Europe CIF USA whole, block frozen < India > Loligo gayi Whole cm Italy EXW Falkland/ Malvinas Isl Squid tentacles CPT Whole, thawed = Argentina 12

14 CEPHALOPODS (cont.) January 2018 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/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 duvaucelli Whole block Europe CIF India Whole cleaned, < Germany CFR < 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

15 CEPHALOPODS (cont.) January 2018 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 = T = Whole, bloc T FOB CIF T FOB Fresh T = CPT Italy T FCA Portugal T T Spain 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 Octopus/Poulpe/Pulpo Fresh Italy CPT Croatia Eledone moschata FCA France CPT Italy FCA Spain extra Croatia small medium Frozen g/pc EXW Tunisia < Fresh = France, wholesale Europe Frozen = 14

16 CEPHALOPODS (cont.) January 2018 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 Frozen- whole g/pc CFR Yemen Frozen at land- whole block g/pc * Vietnam CIF * > * FAS- whole block g/pc * * * * Frozen- whole g/pc Europe CIF g/pc Italy CIF Oman IQF, cleaned, 20% glaze g/pc FOB Morocco Frozen, whole block < 10 pc/kg 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 % glaze, IQF Fresh- whole, cleaned = France wholesale France = Europe Frozen, whole = Frozen, slices = 15

17 CRUSTACEANS January 2018 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 PD, IQF 20 % glaze, treated pc/ lb Germany CFR PD, cooked, IQF, 20 % glaze pc/ lb Vietnam Whiteleg shrimp/ Head-on, Shell-on pc/kg South/Central Central America Crevette pattes America CIF blanches/camarón for European main patiblanco ports Penaeus vannamei > Giant river prawn/ HLSO Easy peel, <5 pc/lb Germany CFR Bangladesh Bouquet géant/ IQF, 25 % glaze, 75 % net Langostino de río weight Macrobrachium rosenbergii 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 * Headless, IQF pc/kg * Tails pc/kg * Brown shrimp/ HLSO 7-12 pc/lb * Ecuador Crevette grise du Sud/ Camarón café sureño Penaeus subtilis Scarlet shrimp/ Head-on, shell-on 8-12 pc/lb Suriname Gambon écarlate/ Gamba carabinero Plesiopenaeus edwardsianus 16

18 CRUSTACEANS (cont.) January 2018 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

19 CRUSTACEANS (cont.) January 2018 Norway lobster/ Fresh - Whole, 4X1.5 kg Spain DDP Netherlands Langoustine/Cigala Nephrops norvegicus Tails Whole 00 pc/kg = Spain CIF Scotland = = Fresh - whole 3 pc/kg = = = 5-9 pc/kg Netherlands 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/ > 3000g Bogavante americano Live hard shell g USA Homarus americanus Live soft shell Popsicle < 450 g/pc CAN Canada FOB Canada (canner size) for European mkt > 450 CAN (market size) Whole cooked netted lobster canners CAN Europe CIF market CAN Live * Caribbean spiny lobster/ Tails 5-6 oz Europe CIF Nicaragua Langouste blanche/ 7-9 oz Langosta común del Caribe oz Panulirus argus Whole, raw Cooked Scalloped spiny lobster/ Whole g Taiwan CIF Yemen Langouste festonnée/ Langosta festoneada > Panulirus homarus 18

20 CRUSTACEANS (cont.) January 2018 Edible crab/tourteau/ Live, bulk T2 (13-16 cm) France Auction France Buey de mar g * Cancer pagurus > 1kg * 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 Chionoecetes opilio BIVALVES Oyster/Huître/Ostra Live No = France prod. Price/ Ireland/France Crassostrea gigas average export price g/pc Spain CIF Netherlands 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 Italy FCA Spain Mussel/Moule/Mejillón Fresh - whole Italy CPT Spain Mytilus galloprovincialis skin-packed = FCA CPT Mytilus chilensis IQF - shell-off, 7% glaze pc/kg = CIF Chile Cooked mussel meat IQF pc/kg France CIF 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 January

21 BIVALVES (cont.) January 2018 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 Cooked Europe CIF Meretrix lyrata IQF * Asiatic hard clam/ * Thailand Cythérée commune Meretrix Meretrix Hard clam/ Praire = France wholesale France Chirla mercenaria Mercenaria mercenaria Japanese carpet shell Large = Palourde japonaise/ almeja japonesa Venerupis philippinarum SALMON January 2018 Atlantic salmon/ Fresh - gutted, head-on 2-3 kg/pc France wholesale Norway Saumon de l'atlantique/ Salmón del Atlántico Salmo salar kg/pc Scotland Superior quality Smoked- Fillet, vaccuum 1-2 kg/pc = reconstituted sides Fresh- Fillet 3-4 kg/pc Norway Smoked- Fillet, vaccuum 1-2 kg/pc = reconstituted sides Fresh - gutted, head-on, 2-3 kg/pc Spain CIF Scotland 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

22 SALMON (cont.) January 2018 Fresh 3-4 kg/pc Spain CFR gutted, head-on 4-5 kg/pc Tunisia CFR IQF - salmon slices Europe CFR Norway Fresh - salmon cubes 8x8x Atlantic salmon/ Fresh - Whole - Superior 2-3 kg/pc Italy DDP Norway Saumon de l'atlantique/ Salmón del Atlántico Salmo salar 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 Fillet, IQF 2-3 lb/pc Bits and pieces Europe CIF scapped meat Pink salmon/ saumon rose/ green roe- Premium grade USA Salmón rosado green roe- Standard grade Oncorhynchus gorbuscha TROUT January 2018 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 Fresh - farmed g/pc Rainbow trout/ Fresh g/pc = Truite arc-en-ciel/ Gutted g/pc Trucha arco iris g/pc Oncorhynchus mykiss Fresh- whole = France wholesale France Fillet = Fillet, smoked = Whole, gutted, bulk Retail 21

23 FRESHWATER FISH January 2018 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 European catfish/ Live kg/pc HUF Hungary Hungary Silure glane/siluro HUF * Silurus glanis Fresh on ice - slices HUF ex farm Fresh on ice - fillets HUF Striped catfish/silure Fillet, thawed = Italy CIF Vietnam requin/tiburón pangasio Fillet, IQF, white - 20% glaze g/pc CPT Pangasius hypophthalmus Fillet, IQF, white - 5% glaze Fillet, IQF, white - 20% glaze Spain CFR Fillet, 100% net weight, IQF g/pc Fillet, 100% net weight, interlvd

24 NON-TRADITIONAL SPECIES January 2018 Sturgeon/Sturgeon/ 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 Whole, IWP g/pc Taiwan CIF Yemen European eel/ Smoked Medium = France wholesale Europe Anguille d'europe/ Anguila europea Anguilla anguilla Spinycheek Grouper/ 1-2 kg/pc * Italy CPT Oman Mérou Épineux/ Mero Espinudo Epinephelus diacanthus Dusky grouper H&G 3-5 kg/pc Europe CIF Yemen Mérou noir/mero moreno > Epinephelus marginatus IWP, gutted > 3 kg/pc * White grouper/ Whole, gutted 3-5 kg/pc = Merou blanc/cherna de ley Epinephelus aeneus > kg/pc * Italy FCA Mauritania * * * Crimson jobfish Whole, gutted 2-3 kg/pc Europe CIF Yemen Colas fil/panchito hebra Pristipomoides filamentosus Spangled emperor/ Whole, gutted 1-2 kg/pc Empereur moris/ * Emperador relámpago * Lethrinus nebulosus Common dolphinfish (Mahi Whole, gutted 2-3 kg/pc Mahi)/Coryphène commune/ Lampuga Coryphaena hippurus 23

25 SEABASS/SEABREAM/MEAGRE January 2018 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 = > = Seabass/Bar, Fresh - whole g/pc = Germany CIF Greece Loup/Lubina farmed Dicentrarchus labrax = > = g/pc = Portugal CIF = > = g/pc = UK CIF = > = g/pc Italy FCA

26 SEABASS/SEABREAM/MEAGRE (cont.) January > 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 = 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 = = = >

27 SEABASS/SEABREAM/MEAGRE (cont.) January g/pc Spain CIF = = = > g/pc Germany CIF = = = > Gilthead seabream/ Fresh - whole g/pc Portugal CIF Greece Dorade royale/dorada farmed = Sparus aurata = = > g/pc UK CIF = = = > wild g/pc Italy FCA Morocco > farmed g/pc Greece wild g/pc = CPT Egypt Pagrus pagrus g/pc Tunisia DAP Diplodus sargus CPT Senegal farmed g/pc Portugal farmed Orbetello Large FCA Italy Medium Small g/pc * Morocco * * Japanese threadfin bream/ Whole g/pc Vietnam CIF Yemen Cohana japonaise/ = Baga japonesa Nemipterus japonicus 26

28 SEABASS/SEABREAM/MEAGRE (cont.) January 2018 Santer seabream/ g/pc * Italy CPT Oman Denté nufar/dentón nufar * Cheimerius nufar Meagre/Maigre Fresh - Whole g/pc Italy FCA Greece commun/corvina farmed Argyrosomus regius > > > 2000 g/pc CIF wild g/pc CPT Egypt = = = Fresh- whole, wild > 1000 g/pc France wholesale France 27

29 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 1.23 EU EUR 0.82 Denmark DKK Russia RUR 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.

30 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