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Globefish European Fish Price Report. Issue 2/2015

Year of publication 2015

Pages 20 p.

Publisher FAO ;

Product type Book (series)

Category Newsletter

Series title GLOBEFISH Research Programme

Series number Issue 2/2015

Edition 1

Synopsis (short abstract) Last January, Norway exports of cod, saithe, haddock and other groundfish were slightly down in value (-3%) compared with the exceptional results of January 2014, according to the Norwegian Seafood Council.

Language English

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    The Lent season and, in particular, Holy Week just before Easter, are still the top fish consuming periods in Catholic countries. Demand on the European market is reported to be strong, as the final shipments are being prepared to meet higher consumption in the weeks before Easter.
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    The market for fishery products is quite stable in Europe during the month of October. Buying for the Christmas season started, and prices for the upscale market are going up. Shrimp prices were very strong, and increased by 20% for several sizes. Lobster is practically not available in the market, and prices are reported to be 50% ahead of last year’s levels. Only tuna prices started to move downward, due to lower demand for canned products during winter months.
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    Total supplies of groundfish will remain stable for the 2015- 2016 season, although possibly with moderately less cod coming onto the market. Overall demand seems to be strong, but prices may suffer to a small extent. Surimi production is increasing, but consumption in Europe is flat and prices are declining somewhat.
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