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    Document
    International trade 1971
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    Increasing application of advanced technology, both in harvesting and processing, has resulted in a steady increase in the supply and demand of groundfish products since 1959. Groundfish are taken primarily by otter-trawl gear. An increasing portion of the total catch is being taken each year by large trawlers with equipment aboard that allows the processing and preservation of catches at sea. World production of groundfish has expanded at an average annual rate of 7%. Cod has remained the indus try staple, providing 33% of the total tonnage in 1969. Eleven countries have consistently accounted for 85% of the annual world catch of groundfish. A very substantial proportion of groundfish products go through world trade channels: nearly 60% of world fillet and block production (excluding Soviet and Japanese production); over 50% of world saltfish and stookfish production. World trade in groundfish products has increased 42% since 1960. The total value of this trade has increased by 50% ove r the same period. The more highly processed, higher-priced products, such as fillets and blocks, have been capturing an increasing share of the world market in both weight and value terms. Four north Atlantic countries, Canada, Norway, Iceland and Denmark (including the Faeroe Islands and Greenland), consistently supplied about 70% of the total weight of groundfish products entering the world market from 1960 to 1969. They also supplied a large part of each of the four major product groups: fil lets and blocks, saltfish, stockfish and miscellaneous products. The United States is a major consumer of groundfish products and the leading importer of fillets and blocks. Per capita consumption, which stood at 1.53 kilograms (product weight) in 1969 has been increasing at a rate of .03 kg per year. The United Kingdom is a large consumer of groundfish products and the second most important importer of fillets and blocks. Most of the remaining fillet and block exports go to the European Free Tr ade Association and European Economic Community market areas. The saltfish market, which is centred mainly in southern Europe and South America, has been trending upward. The stockfish market is a minor and declining one. Ex-vessel prices for the major groundfish species have been trending upward since 1960. Block prices in the United States registered a 9% increase between 1960 and 1969, but considerable variation took place. The United States and United Kingdom markets react strongly to change s in price. The export market for groundfish products should continue to grow at the rate of 33,000 metric tons (product weight) per year. Groundfish operations are highly competitive, and fishing has been dominated by the large freezer-trawler fleets operated by developed countries with extensive experience in the fishing business. To compete, developing nations will require substantial financial and technical assistance.
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    Book (stand-alone)
    Case Studies on Price Integration in International Seafood Trade 2016
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    Methods of price integration have been used to test price competition and transmission in the value chain of a selected group of seafood commodities imported into the Spanish market from developed and developing countries. The selected commodities are salted cod and frozen hake (whole and fillets) and frozen squid. The models studied involve data on prices of imports from different countries and of domestic retail. With the exception of frozen whole hake, price competition across exporters has b een found in all the other commodities. Price and quality leaders have been identified in all cases. Price transmission has also been verified in salted cod, frozen hake fillets and frozen squid. Results of this analysis indicate that bargaining power is more likely to be exerted by Spanish importers when the trade partners are developing countries, such as in the case of hake and squid. On the contrary, when exporters are based in developed countries, as is the case for salted cod, bargaining p ower is more likely to be exerted by exporters than by importers.
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    Book (series)
    GLOBEFISH Highlights – International markets for fisheries and aquaculture products
    Fourth issue 2022, with January–June 2022 Statistics
    2023
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    Since 1984, the FAO GLOBEFISH project (through a project unit established within the Fishery and Aquaculture Department of FAO www.fao.org/in-action/globefish) has been providing governments, national and international stakeholders with relevant data, information and knowledge on fish trade in order to assist them in designing and implementing efficient and inclusive market and trade strategies. These strategies contribute to the sustainable development of the fish trade sector (including the economic, social and environmental aspects) and, at the same time, contribute to improving food and nutrition security and strengthening livelihood opportunities and are directly linked to SO4. The publication contains a detailed quarterly update on market trends for a variety of major commodities. Combining the price information collected for the European Price Report with other market survey data collected by FAO GLOBEFISH, the report provides a detailed update on market trends for a variety of major commodities. Key market data is presented in a time series tabular or graphical form with a written analysis of trends and key events and news affecting commodities such as tuna, groundfish, small pelagics, shrimp, salmon, fishmeal and fish oil, cephalopods, bivalves and crustacea.

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