Latest trends. Issue 4/2018 April 2018 GROUNDFISH

Transcription

1 Issue 4/2018 April 2018 Latest trends Indications are pointing to strong East and Southeast Asian demand in the wake of the holiday season as well as firming demand on European markets, a combination which is creating a competitive price environment. GROUNDFISH Lower quotas have been set for major groundfish species such as cod, haddock and Alaska pollock in At the same time, demand for groundfish is good and growing. For several years, the Norwegian Seafood Council (NSC) has been promoting skrei, the spring-spawning cod caught in the Lofoten and Vesterålen regions in Northern Norway. The campaign has been a success and has increased exports of high-quality cod to the EU. This year, although sales of skrei have declined, sales of ordinary cod have risen and overall demand remains strong, driving prices up sharply. COD - in Poland (FOB, origin: Baltic Sea) USD/kg Index for prices Groundfish 8 Flatfish 9 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 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. Fresh gutted 1

2 Prices for wet-salted cod fillets from frozen raw material (Gadus macrocephalus) remain high. Demand for raw material from China, Japan and United States of America is still strong and there is no reason to expect a price decline in the near future. In Italy, it remains to be seen if consumption levels will remain stable in face of the continuing high prices. Prices for wet-salted cod fillets (Gadus morhua) from fresh raw material of Faroese and Icelandic origin, are also being supported at high levels as Faroese catches remain low. Icelandic suppliers have been reporting strong demand from Spain during the Easter period. Cod catches are low in Poland, and prices there are increasing. Prices recently reached the highest level of the last four years, and further upward movement is likely. Meanwhile, prices for Alaska pollock in Vladivostok and Moscow are stable and supply is plentiful. Haddock prices from Norway have reached a record level of NOK per kg in April 2018, and are likely to go up further in coming months. TURBOT (farmed) - in Spain, origin: Spain EUR/kg Fresh - whole, cultured 0.5-1kg/pc HADDOCK - H&G, origin: Norway NOK/kg H&G - < 800 gr/pc 2-3 kg/pc TUNA - BILLFISHES A combination of reduced global production of tuna and a partial recovery of demand has led to increases in prices for skipjack and yellowfin. Further price hikes for skipjack are likely to materialize in the coming weeks. However, the uncertainties of the present market environment are causing much concern among the global tuna industry. On May 2018, industry leaders are scheduled to meet in Bangkok at the biennial INFOFISH Tuna Trade Conference, where they will discuss key issues including sustainability, supply and TUNA - Pacific Ocean markets. Catch rates in the Western and Central Pacific have slowed to a moderate pace. Thai canneries will be closed for a week for the Songkran festival, but as of now raw material inventories remain healthy as carriers continue to arrive from the Indian Ocean and the number of carriers from the Western and Central Pacific remains high. Skipjack prices continue to rise due to increasing demand for finished goods. USD/kg Skipjack Bangkok CFR Skipjack Ecuador, ex-vessel

3 Catches in the Indian Ocean have also fallen to a moderate level and mainly consist of skipjack. Raw material inventories at local canneries remain healthy, while some carrier transhipment activity is continuing with cargoes being diverted to both the Ecuadorian and Thai markets. Skipjack prices have fallen slightly while yellowfin prices have spiked sharply due to shortages. TUNA - Spanish canneries EUR/kg Catches in the Eastern Pacific remain poor and have reportedly fallen to their lowest level Yellowfin > 10 kg, Spain CFR since Even with the carriers arriving Skipjack main sizes, Spain CFR from the Indian Ocean and the Western and Central Pacific, local canneries continue to suffer from severe raw material shortages. Skipjack prices have increased further, well above Bangkok levels, while yellowfin prices remain stable. Catches in the Atlantic Ocean remain moderate and are primarily comprised of skipjack. There is no change in raw material inventories at local canneries either, with skipjack inventories still at a moderate level and yellowfin in short supply. Skipjack prices have risen while yellowfin prices remain stable. In Europe, prices for both skipjack and yellowfin are rebounding while market prices for cooked, double cleaned yellowfin loins are stable. SMALL PELAGICS Both demand and prices are stable for Pacific herring in Moscow, while weaker demand and stable prices are reported in Vladivostok. On the Polish market, catches of both herring and sprat are reportedly very good, but demand is strong and prices are stable for the time being. Herring prices in both Poland and the Russian Federation are expected to decline over the coming months, however. CEPHALOPODS Chinese squid vessels have been very active in international waters. Squid landings look good this season and landings were significantly up during the first two months of the season in Argentina. Overall, prices should come down soon. In South Africa, the squid fisheries are closed until June, and no stocks are available on the market. The supply of octopus is tightening in Indonesia, as the octopus season ended in April. Supply from other origins is also limited, and strong demand is pushing prices upwards. SQUID - in Italy, origin: South Africa EUR/kg Squid - Whole, FAS, size M

4 Strong Chinese demand for larger sized cuttlefish is reported in parallel with rising prices. Increasing European demand starting from late March has also contributed to the upward trend. CRUSTACEANS SHRIMP Shrimp production in Indonesia is currently declining due to unstable weather conditions. This month the rainy season is transitioning into the dry season, meaning that the weather is very cold at night and very hot during the day. These conditions typically cause elevated levels of shrimp mortalities. Production in Argentina is shifting from land-based to sea-based, and supplies are limited. There are plenty of smaller shrimp in stock, but larger shrimp is in short supply, and prices are trending upwards. The price differential between the large shrimp (10-20) and the small shrimp (40-60) is now EUR 1.00 per kg, compared with one year ago when it was only EUR 0.35 per kg. In European supermarkets, large Argentinian shrimp are now becoming increasingly scarce. OTHER CRUSTACEANS ARGENTINA RED SHRIMP - origin: Argentina EUR/kg > pc/kg > > > Demand for tropical lobster on the European market is steady with slightly higher prices. The domestic lobster fishing season has not started yet, but demand is very strong. As a result, the few lobster available are selling at an all-time record price of EUR per kg. Similarly, though at a lower price level, crab has been short in supply and high in demand, leading to a new record price of EUR 4.95 per kg. In May and June, however, landings of both lobster and crab will return to normal in Europe and prices are likely to come down from the present high levels. CRAB - in France, origin: Europe EUROPEAN LOBSTER - in Europe, origin: Ireland EUR/kg EUR/kg kg/pc / gr/pc 4

5 BIVALVES Demand for bivalves is strengthening on the European market. All major consuming countries have reported rising interest in bivalve products. Prices are climbing higher by the day, and French and Italian prices have now reached record levels, particularly for mussels and for clams. Further increase in demand for bivalves is anticipated for the holiday period and, in general, there seems to be no limit to the price expectations of traders. Bivalves are also increasingly being used in the preparation of ready meals, being one of the most versatile seafood items for product presentation. In the French market, there is no supply of bouchot mussels at present, and the market is being supplied in large part by imported live mussels, mainly Dutch (Mytilus edulis), Irish (Mytilus edulis) and Spanish (Mytilus galloprovencialis) mussels. Prices are high for domestic mussels. MUSSEL BOUCHOT - in France In the Italian market, prices of bivalves have been sky-high over the Easter period, some 50 percent above last year s levels. Ruditapes Monthly average consumer prices in metropolitan clams were on offer at retail outlets for EUR per kg, compared with about EUR 9-10 in April Venus gallina clams were being sold at EUR 8.90 per kg, compared with EUR 6 last year. While most of the Italian market is supplied by local clams, in 2017 imports increased sharply, indicating that the market is undersupplied. Italian clam imports reached tonnes in 2017, a 31 percent increase over These imports are mainly being directed to the seafood processing industry, while the live clams supply the direct consumption market. Spanish imports of clams reached tonnes in 2017, a 14 percent increase over China and the Republic of Korea are the main clam exporting countries, followed by Canada. EUR/kg SALMON An unexpectedly strong demand response to the lower price levels in late 2017 and a reduced supply outlook due to the coldest sea temperatures in five years has sent farmed Atlantic salmon prices skyward once again. High harvest volumes in the second half of last year pushed prices down across international markets, but it seems that the combination of the more attractive price level, a catalyst for retailer campaigns, and strong economic performance has further strengthened consumer demand for farmed Atlantics. Average export prices out of Norway, as indicated by the Fish Pool Index, were at NOK per kg in week 14, 8.2 percent above the equivalent week in This marks a significant rise from NOK in week 1 of this year, with the lower prices earlier in 2018 dragging down the total value of Norway s salmon exports in the first quarter by 1.5 to NOK 15.8 billion, as recently reported by the Norwegian Seafood Council (NSC). Export volume over the same period was up 6 percent, to tonnes. In the UK, reports from the industry are similar to those in Norway, pointing to lower than expected harvests and an upward price trend. Although the Scottish salmon 5

6 aquaculture sector has performed exceptionally well in recent years, environmental issues and mortalities still present challenges. Both Norwegian and UK exporters continue to be helped by the relative weakness of their respective currencies, particularly versus the euro. While previous forecasts for global Atlantic salmon production growth in 2018 were as high as 8 percent, revised projections are closer to the 4 5 percent range. The demand outlook is also generally positive, in spite of some Salmon - origin: Norway macroeconomic uncertainties. Fish Pool forward prices for the second quarter of 2018 have been revised upwards to NOK per kg, but the expectation is that the increased supply will be sufficient to bring prices back down to around NOK 58 NOK 60 per kg for the last two quarters. NOK/kg TROUT Prices for Norwegian farmed trout in early 2018 have been trending upwards in a range below 2017 prices but above those observed in Biomasses were up 4 percent yearon-year in February but remain around tonnes below 2016 levels. NSC reports a 14 percent increase in Norway s trout export volume in the first quarter of the year, to tonnes, although lower prices saw total value fall by 6 percent to NOK 633 million. Belarus has been increasing its share of Norway s trout exports and remains the number one destination, followed by Poland and the United States of America. TROUT - Ex-farm prices in Italy EUR/kg Trout: Salmo spp Rainbow Trout: Oncorhynchus mykiss 6

7 FRESHWATER FISH Supply and demand of carp have dropped in Hungary with the arrival of the spring pond management period, during which carp ponds undergo cleaning in preparation for the new season. Demand for pangasius in EU 28 remains bleak. In 2017, total imports of frozen pangasius fillets from Viet Nam into the EU 28 were tonnes, a 25 percent decline over 2016 figures. Back in 2012 and 2013, EU 28 had been double what they are at present, indicating a strong resistance versus pangasius among European consumers. CARP - in Europe, origin: Hungary HUF/kg Carp - whole - live Carp - Fillets, fresh on ice Carp - Slices, fresh on ice SEABASS - SEABREAM - MEAGRE Poor weather conditions in European markets and plentiful supply has been dampening bass and bream prices early in 2018, although reports in mid-april suggest that the annual uptrend has now been kickstarted by Easter demand. Prices in the largest market, Italy, are comparable to those observed in 2016 but are still below those seen in Bream prices have been lagging those of bass in recent months but have recovered this lost ground in April. Price peaks for both species are usually reached in early summer, and some further gains can be SEABASS/SEABREAM - in Italy origin: Greece EUR/kg Seabass fresh whole gr/pc Seabream fresh whole gr/pc expected, particularly if economic momentum can be maintained. However, demand growth in both new and old markets will need to be sufficient to absorb the anticipated 5 6 percent increase in total production this year or price peaks may not be as high as in previous years. In other industry news, the sales process of Greek aquaculture firms Nireus and Selonda is expected to be completed soon

8 GROUNDFISH April 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 NOK 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

9 GROUNDFISH (cont.) April 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 April 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

10 FLATFISH (cont.) April 2018 Fresh - whole kg/pc Italy CPT 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/ H&G Canada 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 10

11 TUNAS/BILLFISHES April 2018 Tuna/Thon/Atún Skipjack - whole Bangkok CFR Western/Central Thunnus spp FOB 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/Seychelles 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 April 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 4-6 pc/kg Thailand CIF 11

12 SMALL PELAGICS (cont.) April 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 April 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

13 CEPHALOPODS (cont.) April 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, block frozen, < Germany CFR 20% glaze < 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

14 CEPHALOPODS (cont.) April 2018 Squid/Encornet/Calamar Squid rings - thawed Italy CPT Peru Dosidicus gigas 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

15 CEPHALOPODS (cont.) April 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 = 25% glaze, IQF = Fresh- whole, cleaned = France wholesale France = Europe Frozen, whole = Frozen, slices = 15

16 CRUSTACEANS April 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

17 CRUSTACEANS (cont.) April 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

18 CRUSTACEANS (cont.) April 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 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

19 CRUSTACEANS (cont.) April 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 nieves 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 April

20 BIVALVES (cont.) April 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 April 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

21 SALMON (cont.) April 2018 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 IQF - salmon slices Europe CFR Fresh - salmon cubes 8x8x Fresh - Whole - Superior 2-3 kg/pc Italy DDP Norway 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 April 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 CPT 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

22 FRESHWATER FISH April 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 Fresh, whole, gutted, head-on kg/pc HUF 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

23 NON-TRADITIONAL SPECIES April 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 > Whole 1-2 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

24 SEABASS/SEABREAM/MEAGRE April 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

25 SEABASS/SEABREAM/MEAGRE (cont.) April 2018 Seabass/Bar, Italy FCA Greece Loup/Lubina Dicentrarchus labrax > g/pc Spain CIF Canary Island (Spain) = Wild 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 = >

26 SEABASS/SEABREAM/MEAGRE (cont.) April 2018 Gilthead seabream/ Fresh - whole g/pc Spain CIF Greece Dorade royale/dorada farmed Sparus aurata = > g/pc Germany CIF = > g/pc Portugal CIF = > 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

27 SEABASS/SEABREAM/MEAGRE (cont.) April 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

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29 Europe and elsewhere, but surplus supply will exert considerable downward pressure on prices in the coming months. In other news, the outcome of the bidding process to acquire Greek The European Fish Price Report is a monthly GLOBEFISH publication. This issue was prepared by Helga Josupeit, Nada Bougouss, Felix Dent, and Silvio Alejandro Ricardo Catalano Garcia. aquaculture companies Nireus and Selonda should soon be known, with only three private equity investment firms left in the running. 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 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 0.81 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), 8 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.

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