Globefish European Fish Price Report. Issue 8/2015 · Index for prices Groundfish 9 Flatfish 10...
Transcript of Globefish European Fish Price Report. Issue 8/2015 · Index for prices Groundfish 9 Flatfish 10...
Index for prices
Groundfish 9
Flatfish 10
Tuna 11
Small Pelagics 12
Cephalopods 12
Crustaceans 14
Bivalves 15
Salmon 16
Trout 16
Freshwater fish 17
Non Traditional
Species 17
Seabass-Seabream-
Meagre 18
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.
LATEST TRENDS
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.
UK frozen cod imports fell slightly during the first quarter of 2015 compared with the same period in 2014 (-3.4%). China and the Russian Federation increased shipments to the UK,
while Iceland and Norway saw declines in their frozen cod exports to the same market. German imports of cod fillets
increased by 11.3% during the first quarter of the year. However, German imports of Alaska pollock fillets, which have been a popular product amongst German consumers, fell from
41 200 tonnes in the first quarter of 2014 to just 34 800 tonnes in the same period of 2015 (-15.5%). In contrast, French
imports of frozen Alaska pollock fillets grew during the first quarter of this year. Imports were up from 11 200 tonnes in 2014 to 12 800 tonnes in 2015 (+14.3%). Both of the main
suppliers, China and the USA, shipped more product to France during this period.
GROUNDFISH
1.31
0.9
1.2
1.4
1.7
1.9
2.2
2.4
Fresh gutted
EUR/kg
COD - in Poland (FOB, origin: Baltic Sea)
Issue 08/2015 August
2
FLATFISH
TUNA - BILLFISHES
Seasonal demand for flatfish was very strong in August. Prices were also high,
in view of the extremely low availability of wild flatfish. Farmed 1 kg turbot is
expected to sell at around EUR 15.00/kg, with prices expected to decline again in September when the tourist season
comes to a close.
August is the traditional month of the closure of the Spanish and Italian tuna
canneries, so there is no demand from these buyers for tuna products. Prices
went up for fresh tuna on the European market, however, driven by demand
from restaurants in the southern part of the continent offering tuna steaks and other products.
Fishing in the Western and Central Pacific
continues to be poor during the FAD closure period, while Thai canneries continue to report moderate raw material inventories and production activities.
The two-month IATTC ‘veda’ closure began on 29 July in the Eastern Pacific. About 40% of the
vessels will be tied up during this period. Local canneries continue to report moderate raw material inventory levels. However, as a result of tightening supply from both WCPO and ETP, skipjack and yellowfin prices continue to rise.
Fishing is being affected by bad weather and continues to be poor in the Indian Ocean. Raw
material inventories at local canneries have decreased to the low-to-moderate level. As a result, skipjack prices continue to increase while yellowfin prices remain stable.
6.40
10.65
1.0
3.0
5.0
7.0
9.0
11.0
13.0
15.0
Fresh - whole, cultured 0.5-1kg/pc2-3 kg/pc
EUR/kg
TURBOT (farmed) - in Spain, origin: Spain
1.50
1.45 0.5
1.0
1.5
2.0
2.5
3.0
Skipjack Bangkok CFRSkipjack Ecuador, ex-vessel
USD/kg
TUNA - Pacific Ocean
3
SMALL PELAGICS
Catches in the Atlantic Ocean have improved slightly but continue to be affected by poor
weather. Raw material inventories at local canneries remain at the low-to-moderate level. Both skipjack and yellowfin prices have dropped due to the reduced demand from Europe.
Total imports of processed tuna from extern al countries into the EU
markets reached 167 447 tonnes during January-March 2015, valued
at USD 530.6 million. These figures reflect a reduction of 3.5% in volume and 24% in value compared with the
same time period last year. The top suppliers were Ecuador, Thailand, the
Philippines, Mauritius and China. Of the total imported, 24% (40 635 tonnes) was cooked loins imported
by Spain, Italy, France and Portugal. Imports of cooked loins declined in Spain by 56% but increased by 62% in Italy, making
total EU imports of loin 3.7% higher than the same period last year.
Of the individual markets for processed tuna in the EU, imports increased in the UK (+8%)
and in Germany (+4%), but declined in other EU markets.
During the first quarter of 2015, Norway registered a decline in exports of small pelagics.
The value of exports fell by 31% for herring and 17% for mackerel. Norway exported 47 543 tonnes of herring at an FOB value of NOK 498 million during this period, and 50 094 tonnes of mackerel at an FOB value of NOK 544 million. The average export price per kg
for mackerel fell by 12%, while for herring it increased by almost 20%. Ukraine was the largest market for Norwegian herring during the first quarter, while Turkey was the largest
market for Norwegian mackerel. China and the Republic of Korea remained important markets for Norwegian mackerel, while Nigeria dropped from the second largest market in the first quarter of 2014 to only the fifth in 2015. Indeed, Norwegian mackerel exports to
Nigeria dropped from 7 500 tonnes in the first quarter of 2014 to just half of that in the same period in 2015.
Tighter supplies of small pelagics are expected to see more herring going to direct human
consumption in 2015 than in 2014. It was estimated that roughly 50 000 tonnes of herring was used for reduction purposes (meal and oil) in 2014 as supplies were high and prices low. This year, however, the situation is reversed, as supplies are tighter and prices higher,
making it more profitable to sell herring for human consumption.
1.80
1.15
0.5
1.0
1.5
2.0
2.5
3.0
Yellowfin > 10 kg, Spain CFRSkipjack main sizes, Spain CFR
EUR/kg
TUNA - Spanish canneries
4
CEPHALOPODS
CRUSTACEANS
Squid catches in South Africa are around
250kg per boat per day - still very low. Some scientists said that the possible
reasons for continuing poor catches were the effects of El Nino and that the Agulhas
Current is flowing particularly strongly.
Vessel owners in Galicia, Spain, have asked authorities to extend the octopus fishery ban
in order to allow the resource to recover and rebuild. Owners have further requested that
the ban be implemented for the trawling fleet as well as for those operating traps.
Italian octopus imports rebounded during the first quarter of 2015, after having been relatively stable in 2014. Imports grew from 10 100 tonnes in the first quarter of 2014 to 13 400 tonnes
during the same period in 2015. Morocco strengthened its position as the number one supplier, and Spain and Indonesia both registered increases in export volumes to Italy. Spanish imports of octopus were even stronger, as imports during the first quarter increased by almost 53%,
from 9 100 tonnes in 2014 to 13 900 tonnes in 2015. Again, Morocco was the largest supplier by far, accounting for 59% of total Spanish octopus imports. Mauritania was the second largest
supplier, with 2 400 tonnes, and Portugal came in third place with 1 200 tonnes. Italian squid imports declined during the first three months of the year. Total imports dropped
from 17 600 tonnes to 15 800 tonnes (-10%). Spain, and particularly Thailand, saw reductions in their shipments to Italy. Spanish squid imports have been on a downward trend since 2012,
and this seems to be continuing in 2015. Total squid imports into Spain during the first quarter of 2015 declined by almost 2%, to 16 800 tonnes. The main suppliers were the Falkland Islands
(Malvinas), Morocco and India. While the Falkland Islands (Malvinas) showed a slight (+10%) increase in shipments, both Morocco and India shipped less squid to Spain in the beginning of this year compared with the same period last year.
Crab
Crab prices were firm in July and August due to lower landed volumes coupled with good demand. The fishing season is said to be a month late due to cold water temperatures in spring, and live crustacean stocks are lower as a result. With crab supplies entering the market
relatively late and demand very strong, prices have increased at all levels.
5.80
3.0
4.0
5.0
6.0
7.0
8.0
Squid - Whole, FAS, size M
EUR/kg
SQUID - in Italy, origin: South Africa
5
Lobster
Demand for lobster is very strong,
while the Canadian lobster season is closed and set to reopen in autumn. Consequently, European producers of
lobster have enjoyed an excellent business climate recently. While it is
typical for prices of European lobster to decline during the summer months, this year prices remained relatively
high and are even exhibiting further upward tendencies.
Shrimp
Falling prices of shrimp from exporting countries resulted in import growth in the
European market, with first quarter imports at their highest level in four years. India has overtaken Ecuador as
the number one supplier, with a 2.5% rise in exports to the EU. Compared with
the same period last year, supplies from Ecuador fell by 16%.
Summer demand in Europe has started to improve with better sales being seen,
particularly in the southern regions (Spain, Italy, Portugal and France ), where traditionally the tourist industry
demands large quantities of shrimp for restaurant consumption. Import inquiries
were low in May/July, however, possibly because there were already sufficient
stocks on the market. Importers, who still consider the present market price to be high, are expecting further price
discounts with the anticipated rise in production during July-September.
16.50 10.0
15.0
20.0
25.0
30.0
35.0
400-600/600-800 gr/pc
EUR/kg
EUROPEAN LOBSTER - in Europe, origin: Ireland
8.70
7.40
7.10 6.90
3.0
4.5
6.0
7.5
9.0
10.5
> 10-20 pc/kg > 20-30 > 30-40 > 40-60
EUR/kg
ARGENTINA RED SHRIMP - origin: Argentina
EUR/kg
ARGENTINA RED SHRIMP - origin: Argentina
8.20
6.70
5.60
4.40 3.3
4.8
6.3
7.8
9.3
10.8
30-40 pc/lb 40-50 60-70 100-120
EUR/kg
WHITELEG SHRIMP - origin: Central America
6
BIVALVES
SALMON
During the first quarter of 2015, EU imports of mussels declined by 9% compared with the
same period the year before, down to 42 600 tonnes. This reflects a continued import decline trend.
The French Bouchot mussel season was well under way by the end of July and these mussels
are being featured as a promotional item in many supermarket catalogues.
EU scallop imports during the first quarter period totaled 10 000 tonnes, the lowest ever
observed over the past five year period. The peak was noted in 2010’s first quarter with 14 200 tonnes imported. Imports into France, the EU’s top importer, dropped by 17% during
the first quarter compared with the same time period last year. This decline points to an overall weakening in household demand, likely due to the price rise. EU imports from external EU suppliers have declined relatively more (-14%) compared with internal EU
trade (-5%) when comparing the first quarter 2015 with the first quarter of 2014.
Large-sized oysters are relatively abundant this year due to a warm autumn in 2014 and as a result of the Russian embargo. Summer survival rates will be paramount in orientating the fourth quarter market, although latest reports indicate a more stable situation than previous
years.
An appreciation of the euro versus the krone and a reduction in harvest volumes at Norwegian farms has seen prices for Norwegian Atlantic salmon maintained at levels significantly higher than those seen in the same period in 2014. According to the NASDAQ salmon index, the
average price of fresh whole Atlantics exported from Norway in week 31 was NOK 44.25/ kg, more than 22% higher than the same week last year. This price increase has been driven by
reduced biomass following the clearing of what was a relative surplus of fish in the pens in the first half of the year together with currency shifts favouring exporters and slower growth rates resulting from lower sea temperatures. In particular, large fish, which were plentiful in the first
half of 2015, are now in short supply, and prices for these sizes have been pushed sharply upwards. For 8-9kg fish, the NASDAQ index recorded prices approaching NOK 60/kg in week 31.
So far, it appears that demand has not been overly affected by high prices and core markets in the EU are performing well. France, which has been a somewhat challenging market for
Norwegian exporters over recent years, posted an 8% increase in import volumes in June at prices almost 11% higher than the same month in 2014. According to the Norwegian Seafood
Council, the total value of salmon exports in July was NOK 3.8 billion, 9% higher than the same month last year. The EU as a whole absorbed 373 000 tonnes of salmon worth NOK 16 billion in
the first half of 2015. The US and Asian markets are also in good shape, importing 20% and 38% more salmon in volume terms in the first half of the year, although at lower prices. The UK farmed salmon industry, however, has not fared as well, posting total export volumes for the
7
TROUT
FRESHWATER FISH
first half of 2015 around 20% lower than the same period last year, despite a drop in price.
Significantly lower imports by China and the US was the primary reason for the reduced volumes, with the US now increasingly looking to Norway and Canada for its supply of fresh
salmon. The seasonal drop in prices following end-of-summer harvesting can still be expected to occur,
but the outlook for the rest of the year is positive for prices. Fish Pool forward prices are now in the low NOK 40s for the majority of the second two quarters, as lower total biomass and smaller
fish in the pens suggest there is not currently much scope for an increase in supply.
The Russian ban on Western food imports continues to negatively affect the Norwegian trout
industry. The price for fresh whole trout for the first half of 2015 was 13% lower than for the same period of 2014, while total export volume was some 18% down. Exports to Belarus have
increased significantly since the entering into force of the embargo, although Russian authorities have recently expressed concern that this may include fish that subsequently enter the Russian
market.
An increase in catches of Nile perch in Lake Victoria has led to good supply on the European fresh fish market. Prices
have started to trend downwards, and some supermarkets are offering Nile
perch at reduced prices. In addition, the devaluation of the Tanzanian currency has permitted lower offer prices.
In Hungary, both supply and demand for
carp have significantly decreased, as is typical for the mid-summer. Prices are
temporarily unstable.
Tilapia demand has improved and prices picked up from their low level reached in June
Pangasius demand from the European has weakened despite the price level which has remained relatively moderate.
3.30
2.90
1.5
2.0
2.5
3.0
3.5
Trout: Salmo spp Rainbow Trout: Oncorhynchus mykiss
EUR/kg
TROUT - Ex-farm prices in Italy
8
SEABASS – SEABREAM - MEAGRE
In general seabass prices tended downward over the last month, but
remain relatively high. In the Orbetello (Italy) area seabass and seabream had
to be harvested as an emergency action in view of extremely high water temperatures and low oxygen content.
As a result small seabass and seabream were widely available on the market. On
the other hand, large seabass, bigger than 2 kg, were selling at higher prices, as it is a preferred fish for restaurants
and is sometimes even sold as wild species, generally commanding higher prices.
Greek exports of bass and bream for the first half of 2015 were down around 10% in volume terms, as farm production levels are throttled back this year. This has had an overall positive
effect on prices, as expected, particularly for bream. Due to a surplus of Turkish fish on the market in the first half of the year, the price increase was somewhat delayed, but going into the
2nd quarter it is clearly evident in core markets such as Italy. Recent news suggesting a new bailout deal for Greece is close to being agreed will provide some further relief for Greek aquaculture companies, who have been struggling with a range of difficulties related to the
unstable economic situation. Turkish producers, meanwhile, have been benefitting from favourable exchange rates, rapid expansion in old and new markets and the recent firming of
prices. The only significantly worse performer out of Turkish bass and bream importers was Russia, where a poor economic environment has harmed consumer spending. Supply in Turkey is also expected to tighten in the second two quarters of 2015 following relatively high export
volumes in the first six months, and this should see prices remain seasonally high following the typical post-summer drop in demand.
5.30
5.70
3.0
3.5
4.0
4.5
5.0
5.5
6.0
6.5
Seabass fresh whole 300-450 gr/pc Seabream fresh whole 300-450 gr/pc
EUR/kg
SEABASS/SEABREAM - in Italy origin: Greece
EUR/kg
SEABASS/SEABREAM - in Italy origin: Greece
Fish Species Product Form Grading Origin
Trade Name EUR USD & Area
Cod/Cabillaud, Morue/ Fresh gutted 1.17 1.31 + Poland FOB Baltic Sea
Bacalao IQF portion, single frozen 100-150 g/pc 7.05 7.95 - Italy CIF Iceland
Gadus morhua Fresh - fillet 100-200 g/pc 3.94 4.44 CPT Denmark
200-400 6.00 6.77
Fresh - Whole 1-2 kg/pc 5.28 5.96
2-4 5.83 6.57
Single frozen Europe DDP Norway
Industrial block
Fillet - light salted, skin-on, IQF 500-1000 g/pc 3.80 4.25 CFR China
100% net weight
Minced - baby food grade
Fillet - wet salted - 1st quality 700-1000 g/pc 9.00 10.15 = Italy DDP Iceland
produced from fresh raw material
Stockfish 700 g/pc 22.50 25.37 = Norway
Fillet skinless 300-600 g/pc 7.30 8.23 Spain CIF
400-600 9.30 10.49
600-800 9.75 11.00
900-1300 12.45 14.04 * DDP
900-1300 13.05 14.72 * Netherlands
Gadus macrocephalus Fillet - wet salted - 1st quality 400-700 g/pc 7.90 8.91 + Italy CIP Denmark
produced from frozen raw material
Hake/Merlu/Merluza Minced block 1.58 1.78 = Namibia FOB Namibia
Merluccius capensis for Spanish market
H&G, IWP 100-200 g/pc Spain FOB
350-500
500-800
Fillet skin on 2-4 oz/pc 2.80 3.16 - DDP
4-6 3.20 3.61 -
6-8 3.45 3.89 -
8-12 3.75 4.23 -
IQF portion, trapeze 90-110 g/pc 5.95 6.71 + Italy CIF
Merluccius hubbsi H&G 150-250 1.58 1.78 Argentina
Fillet - skinless 80-120 g/pc 3.06 3.45
skin-on 2.98 3.36
Merluccius merluccius Fresh - whole 100-200 g/pc 3.70 4.17 CPT Croazia
200-300 4.70 5.30
Fresh - gutted 300-400 5.56 6.27
Merluccius productus Fillet, PBO 2.15 2.40 = Spain CIF USA
Alaska pollack/Lieu Industrial block single frozen na Europe CFR
de l'Alaska/Colín Industrial block double frozen na China
de Alaska Fillet, IQF 2-4 oz
Theragra chalcogramma Fillet, baby food quality 3.49 3.94 + DDP USA
H&G >25 1.21 1.36 Russian Fed.
>30 1.30 1.47 wholesale Vladivostok
>30 1.53 1.73 wholesale Moscow
Surimi (Alaska pollack) Stick - Paprika 250 g/pc 2.46 2.77 France CFR Spain
Hoki H&G 100-300 g/pc 1.63 1.84 Spain FOB
Macruronus magellanicus 300-500 1.63 1.84
500-900 1.63 1.84
Saithe/Lieu noir/ Fillet - interleaved 200-400 g/pc Europe CIF Faroe Islands
Carbonero (Pollock, Coley)
Pollachius virens Fillet - skinless, PBI, interleaved 16-32 oz/pc 5.30 5.98 = Spain DDP Iceland
Reference
August 2015
Price per kg
As stated
GROUNDFISH
no quotation
no quotation
no quotation
no quotation
9
Fish Species Product Form Grading Origin
Trade Name EUR USD & Area
ReferencePrice per kg
As stated
Monkfish/Baudroie/ Fresh - Tail < 0.3 kg/pc 6.29 7.10 Italy CPT UK
Rape 0.3-0.5 7.87 8.87
Lophius spp. 0.5-1 10.25 11.56
1-2 11.54 13.02
> 2 13.02 14.68
Tails, skinless 100-250 g/pc 5.75 6.48 = Spain DDP Namibia
Frozen at land 250-500 6.75 7.61 =
100% net weight 500-1000 8.25 9.30 +
> 1000 9.25 10.43 +
Haddock/Eglefin/Eglofino H&G < 0.8 kg/pc NOK 14.00 1.54 1.72 = Sweden FCA Norway
Melanogrammus Fresh 1-1.5 kg/pc 5.20 5.86 * Spain DDP
aeglefinus > 1.5 3.30 3.72 *
> 2 3.70 4.17 *
Ling/Lingue franche/ Fillet - wet salted 1-1.5 kg/pc 4.95 5.58 + Italy DDP Faeroe Islands
Maruca Produced from fresh raw material
Molva molva 1st quality
John Dory/ Frozen skin-on 60-100 g/pc 4.07 4.55 Germany CFR China
Sainte Pierre IQF, 20% glaze 100-150 4.38 4.90
Pez de San Pedro 150-200 4.74 5.30
Zeus faber 200-300 4.92 5.50
300-400 5.23 5.85
1000-2000 20.05 22.61 * Spain DDP Spain
2000-3000 22.25 25.09 *
Headless Small 2.10 2.37 Mauritania FOB Mauritania
Medium 3.30 3.72 for European market
Large 3.50 3.95
Turbot/Rodaballo Fresh - whole 0.5-1 kg/pc 6.40 7.22 Spain CIF Spain
Psetta maxima cultured 1-2 7.90 8.91
2-3 10.65 12.01
3-4 16.90 19.06
Fresh - whole < 0.5 kg/pc 6.70 7.56 + Netherlands
wild 0.4-0.6 na
0.5-1 11.10 12.52 +
1-2 18.00 20.30 +
2-3 18.80 21.20 +
3-4 23.20 26.16 +
4-6 25.15 28.36 +
Fresh - whole 0.4-0-6 kg/pc 5.66 6.38 Italy CPT Spain/Portugal
0.8-1 6.00 6.77
1-1.5 6.00 6.77
1.5-2 7.90 8.91
2-2.5 10.90 12.29
2.5-3 11.00 12.40
3-4 16.80 18.95
wild 0.3-0.5 kg/pc 5.04 5.68 Netherlands
0.5-1 7.74 8.73
0.7-1 7.73 8.72
1-2 10.42 11.75
2-3 12.05 13.59
> 4 14.00 15.79
FLATFISH
GROUNDFISH (cont.) August 2015
August 2015
10
Fish Species Product Form Grading Origin
Trade Name EUR USD & Area
ReferencePrice per kg
As stated
Sole/Sole/ Fresh - whole < 170 g/pc 12.15 13.70 + Spain CIF Netherlands
Lenguado wild 170-220 14.15 15.96 +
Solea vulgaris 200-300 15.25 17.20 +
300-400 21.85 24.64 +
400-500 22.95 25.88 +
500-600 29.55 33.32 +
Fresh - whole No. 2 19.50 21.99 Italy CPT
No. 3 12.45 14.04
No. 4 11.45 12.91
Fresh - gutted No. 2 17.48 19.71 +
No. 3 14.04 15.83 +
No. 4 13.50 15.22 +
No. 5 na
Fresh - whole No. 2 14.91 16.81 CIF
No. 3 14.15 15.96
No. 4 9.92 11.19
European plaice/ Fresh - whole 300-400 g/pc 3.40 3.83 * Spain CIF
Plie d'Europe/ 400-600 3.70 4.17 *
Solla europea > 600 4.50 5.07 *
Pleuronectes platessa IQF, white skin-on, 25% glaze No. 2 4.65 5.24 + Netherlands FOB
IQF skin-off, 25% glaze 4.95 5.58 - for Italian market
European Flounder/ Fresh - fillets skin-on Large 4.18 4.71 Italy CPT
Flet d'Europe/ skinless Large 5.01 5.65
Platija europea 1.68 1.89 FCA
Platichthys flesus Fresh - whole 0.31 0.35 + Poland FOB Baltic Sea
Greenland Halibut/ Fillet - skinoff, boneless, Denmark FOB Greenland
Reinhardtius blockfrozen
hippoglossoides
Tuna/Thon/Atún Skipjack - whole main size 1.34 1.50 + Bangkok CFR Western/Central
Thunnus spp. Pacific Ocean
Skipjack - whole 1.30 1.45 + Ecuador Eastern Tropical
Yellowfin - whole 1.52 1.70 + ex-vessel Pacific Ocean
Skipjack - whole main size 1.25 1.41 + Seychelles Indian Ocean
Yellowfin - whole 1.70 1.92 = FOB
Skipjack - whole 1.00 1.13 + Abidjan Atlantic Ocean
Yellowfin - whole > 10 kg 1.65 1.86 - ex-vessel
Skipjack - whole 1.8-3.4 kg/pc 1.15 1.30 + Spanish Various origins
Yellowfin - whole > 10 kg 1.80 2.03 = Canneries CFR
Skipjack - cooked & cleaned double cleaned 3.89 4.35 = Italy DDP Solomon Islands
loins - vacuum packed
Yellowfin - cooked & cleaned double cleaned 5.37 6.00 = Kenya/Mauri-
loins - vacuum packed tius/Solomon Is.
Yellowfin - whole 3-10 kg 1.38 1.52 Spain DAT Indian Ocean
Bigeye - whole > 10 kg 1.60 1.76
Yellowfin - whole > 10 kg 1.85 2.04 Atlantic Ocean
Skipjack - whole > 3.5 kg 1.10 1.21
Yellowfin - frozen loins 4.50 4.96 DDP Eastern Pacific
Skipjack - frozen loins 3.60 3.97 Ocean
Bigeye - frozen loins 3.80 4.19
Skipjack > 1.8 kg/pc 1.28 1.41 Tunisia CFR France
TUNAS/BILLFISHES
No quotations
FLATFISH (cont.) August 2015
August 2015
11
Fish Species Product Form Grading Origin
Trade Name EUR USD & Area
ReferencePrice per kg
As stated
Tuna/Thon/Atún Skipjack - pre-cooked loins 4.43 4.95 + Europe CFR Ecuador
Thunnus spp. Yellowfin - pre-cooked loins double cleaned 5.46 6.10 +
single cleaned 5.37 6.00 +
Skipjack - whole 1.9-3.4 kg/pc 0.89 1.00 Ecuador FOB
3.5-5 0.98 1.10
Skipjack - pre-cooked loins 4.43 4.95 +
Swordfish/Espadon/ Frozen at sea, DWT 30-50 kg/pc 7.30 8.23 + Spain FOT Spain
Pez espada 100% net weight 50-70 7.20 10.00 +
Xiphias gladius Fresh - whole < 12 kg/pc 9.49 13.18 Italy FCA
Mediterranean 13-18 9.63 13.38
19-25 9.63 13.38
Atlantic 26-35 9.04 12.56
36-50 9.04 12.56
> 50 8.09 11.24
Mackerel/Maquereau/ Fresh - whole 4-6 pc/kg 2.50 2.82 Italy CPT France
Caballa Fresh - Fillets 4.20 4.74
Scomber scombrus butterfly cut
Whole 200-400 g/pc Netherlands/Poland UK
300-500 FOB
H&G > 200 g/pc na for Eastern Europe Greenl./Faroe. I
Whole 3-4 pc/kg 1.05 1.18 Spain FOB Spain
Whole 1-3 pc/kg 0.87 0.98 Tunisia FOB Tunisia
for European market
Herring/Hareng/Arenque Fresh - fillet 2.62 2.95 Italy CPT Denmark
Clupeidae 250-300 g/pc 1.03 1.16 Russian Fed. Russian Fed.
> 300 1.21 1.36 wholesale Moscow
>250 0.99 1.12 wholesale Vladivostok
>300 1.15 1.30
Fresh - whole 70-100 g/pc 0.14 0.16 - Poland FOB Baltic
Sprat/Sprat/Espadín 0.14 0.16 =
Sprattus sprattus
Sardine/Sardine/Sardina Fresh - whole 1.00 1.13 Italy CPT Croatia
Sardina pilchardus 1.15 1.30 Italy
IQF 9-10.5 cm na Tunisia FOB Tunisia
for European market
CEPHALOPODS
Squid/Encornet/Calamar Whole S (< 18 cm) 5.60 6.32 = Italy CIF South Africa
Loligo spp. M (18-25) 5.80 6.54 +
L (25-30) 5.90 6.65 -
XL (>30) 5.90 6.65 -
Loligo gayi Whole 18-22 cm 4.95 5.58 Spain FCA Falkland/
15-18 4.95 5.58 Malvinas Is.
12-16 4.95 5.58
Loligo vulgaris Whole 2 small 5.20 5.86 Mauritania FOB Mauritania
3 small 4.50 5.07 for European market
4 small 4.00 4.51
small 5.70 6.43
medium 6.00 6.77
large 6.10 6.88
August 2015
SMALL PELAGICS August 2015
TUNAS/BILLFISHES (cont.)
August 2015
No quotations
12
Fish Species Product Form Grading Origin
Trade Name EUR USD & Area
ReferencePrice per kg
As stated
Squid/Encornet/Calamar Whole cleaned, < 10 3.58 4.00 Germany CFR India
Loligo duvacelli 2 kg blocks -20% glaze 11-20 3.31 3.70
Loligo chinensis < 3 4.16 4.65 China
3-6 3.40 3.80
6-10 2.95 3.30
10-15 2.59 2.90
15-20 2.24 2.50
Dosidicus gigas Raw fillet 2-4 kg/pc 0.89 0.99 Europe CFR Chile
0.94 1.05 Peru
Raw tentacle 1-2, 2-3 kg/pc 0.89 0.99 Chile
0.92 1.03 Peru
Raw wings 0.54 0.60 Chile
whole without cartilage 0.67 0.75 Peru
Necks 0.58 0.65 Chile
open with cartilage 0.76 0.85 Peru
Darum membraneless 1.70 1.90
Boiled wings - skin-on 0.91 1.02
Squid rings - thawed 2.41 2.72 Italy CPT
Squid stripes - thawed 1.50 1.69
Tentacles 1.70 1.92
Octopus/Poulpe/Pulpo Whole - FAS T1 9.25 10.43 Morocco FOB, Morocco
Octopus vulgaris T2 8.25 9.30 for Spanish market
T3 7.05 7.95
T4 6.45 7.27
T5 5.65 6.37
IQF, 10% glazing T3 8.00 8.82 for Italian market
T4 7.40 8.16
T5 7.10 7.83
T6 6.40 7.06
T7 5.60 6.18
Sushi slice 7 g/pc 12.79 14.30 = Europe CFR Indonesia
100% net weight 9 g 12.79 14.30 =
boiled cut 7.92 8.85 +
100% net weight
Flower type 1-2 kg/pc 4.38 4.90 +
90% net weight >2 4.65 5.20 +
Cuttlefish/Seiche/ Whole, cleaned, IQF < 10 pc/kg 3.94 4.40 Germany CFR India
Sepia 20% glaze 11-20 3.27 3.65
Sepia spp. Fresh - whole 100-200 g/pc na Italy CPT France/UK
200-300 4.15 4.68
500-1000 3.92 4.42
600-1200 3.25 3.67
trap caught 500-1000 3.45 3.89
August 2015 CEPHALOPODS (cont.)
13
Fish Species Product Form Grading Origin
Trade Name EUR USD & Area
ReferencePrice per kg
As stated
CRUSTACEANS
Whiteleg shrimp/ PD, chemical treatment 31-40 pc/lb 9.39 10.50 + Europe CFR Indonesia
Crevette pattes 100% net weight 41-50 8.59 9.60 +
blanches/Camarón treated with non-phosphate 51-60 8.32 9.30 +
patiblanco 61-70 7.60 8.50 +
Penaeus vannamei 71-90 7.43 8.30 +
91-120 7.07 7.90 +
Raw, PD 16-20 pc/lb 7.96 8.90 India
IQF, 20% glaze 21-25 6.98 7.80
26-30 6.53 7.30
31-40 5.90 6.60
41-50 5.59 6.25
51-60 5.37 6.00
61-70 5.19 5.80
C&P, deveiled, tail-off 41-60 pc/lb 6.35 7.10 Viet Nam
IQF, 20% glaze 61-80 6.08 6.80
Head-on, shell-on 20-30 pc/kg 9.39 10.50 Central
30-40 7.34 8.20 America
40-50 5.99 6.70
50-60 5.46 6.10
60-70 5.01 5.60
70-80 4.47 5.00
80-100 4.25 4.75
100-120 3.94 4.40
120-140 3.49 3.90
Head-on, shell-on 30-40 pc/kg 7.51 8.40 South/Central
40-50 6.26 7.00 America FOB
50-60 5.37 6.00 for European main
60-70 5.10 5.70 ports
70-80 4.56 5.10
80-100 3.94 4.40
> 100 3.85 4.30
Argentine red shrimp/ Head-on, shell-on 10-20 pc/kg 8.70 9.81 = Spain EXW Argentina
Salicoque rouge/ 20-30 7.40 8.34 =
d'Argentine/Camarón 30-40 7.10 8.01 =
langostín argentino 40-60 6.90 7.78 =
Pleoticus muelleri
Black tiger/Crevette Headless 8-12 pc/lb 9.39 10.50 - Europe/ Bangladesh
tigrée/Camarón tigre 20% glaze, IQF 13-15 8.77 9.80 - Russian Fed.
Penaeus monodon 16-20 6.98 7.80 - CFR
21-25 6.04 6.75 -
Head-On, Shell on 8-12 pc/lb 10.56 11.80 * Germany CFR
20% glaze semi IQF 13-15 9.48 10.60 *
16-20 7.34 8.20 *
21-30 5.19 5.80 *
31-40 4.83 5.40 *
Headless, Shell on, easy peel 8-12 pc/lb 11.18 12.50 *
20% glaze, IQF 13-15 8.36 9.35 *
16-20 6.62 7.40 *
Common shrimp/ Fresh 28.50 32.14 + Spain CIF Netherlands
Crevette grise/Quisquilla
Crangon crangon
August 2015
14
Fish Species Product Form Grading Origin
Trade Name EUR USD & Area
ReferencePrice per kg
As stated
Norway lobster/ 4X1.5 kg 4-7 26.80 28.51 - Spain CIF Netherlands
Langoustine/Cigala 6-9 21.85 23.24 -
Nephrops norvegicus 8-12 20.20 21.49 -
11-15 18.00 19.15 -
16-20 15.20 17.14 +
21-30 14.10 15.90 +
31-40 10.30 11.62 -
41-50 7.55 8.51 -
Tails 40-60 13.60 15.34 -
Whole 00 12.38 13.96 Scotland
0 10.38 11.71
1 9.38 10.58
2 8.38 9.45
3 7.38 8.32
4 6.38 7.19
5 5.15 5.81
Fresh - whole 6-9 pc/kg 16.73 18.87 Italy CPT Denmark/
11-15 13.00 14.66 UK
16-20 10.70 12.07
21-30 8.50 9.59
41-50 4.92 5.55
European lobster/ Live - bulk 400-600 g/pc 17.00 19.17 + France delivered Ireland
Homard européen/ 600-800 17.00 19.17 + to French vivier
Bogavante Fresh - whole Large 16.00 18.04 Italy CPT UK
Homarus gammarus small 20.00 22.55 France
American lobster/ Live > 800 g/pc 16.24 18.31 Canada
Homard américain/ Fresh 250-350 12.22 13.78
Bogavante americano Popsicle < 450 g/pc CAN 17.20 14.00 12.55 Canada FOB
Homarus americanus (canner size) for European mkt
> 450 CAN 18.20 14.00 12.55
(market size)
Whole cooked netted lobster canners CAN 16.70 12.85 11.52
market CAN 17.95 13.81 12.38
Edible crab/Tourteau/ Live T2 2.60 2.93 + France Auction France
Buey de mar 13-16 cm
Cancer pagurus
BIVALVES
Oyster/Huître/Ostra Live No. 3 4.50 6.09 = France prod. Price/ Ireland/France
Crassostrea gigas average export price
60-100 g/pc 14.00 18.95 * Spain DDP Netherlands
Mussel/Moule/Mejillón Live - Bottom mussel 2.10 2.37 = France wholesale France
Mytilus edulis 1.80 2.03 = Netherlands
Mytilus galloprovincialis Live - Rope 60-80 pc/kg 2.00 2.26 = Spain
Mytilus chilensis IQF - shell-off, 7% glaze 200-300 pc/kg 4.40 4.96 + Italy CIF Chile
Cooked mussel meat IQF 100-200 pc/kg 2.91 3.25 France CIF
200-300 2.82 3.15
300-500 2.77 3.10
Cooked mussel whole shell, IQF 80-100 pc/kg 1.97 2.20
Razor shell/Couteau/ Live S 8.55 9.64 - Spain CIF Ireland
Navajas - Solenidae M 7.65 8.63 -
10-12 cm 4.10 4.62 * DDP Netherlands
CRUSTACEANS (cont.)
August 2015
August 2015
15
Fish Species Product Form Grading Origin
Trade Name EUR USD & Area
ReferencePrice per kg
As stated
SALMON
Atlantic salmon/ Fresh - gutted, head-on 2-3 kg/pc 3.80 4.29 France CIF Scotland
Saumon de l'Atlantique/ Superior quality 3-4 5.30 5.98
Salmón del Atlántico 4-5 5.30 5.98
Salmo salar 5-6 5.10 5.75
> 6 5.10 5.75
Fresh - gutted, head-on 2-3 kg/pc 4.30 4.85 Norway
Superior quality 3-4 4.70 5.30
4-5 4.70 5.30
5-6 4.70 5.30
> 6 4.70 5.30
gutted, head-on 4-5 kg/pc 4.90 5.53 Tunisia CFR
5-6 4.90 5.53
Fresh - salmon cubes 8x8x8 9.73 10.97 Europe CFR
IQF - salmon slices 9.90 11.16
Fresh - Whole - Superior 2-3 kg/pc na Italy FCA
3-4 4.64 5.23
4-5 4.68 5.28
5-6 4.68 5.28
6-7 4.57 5.15
7-8 4.43 5.00
8-9 na
9-10 na
3-4 5.32 6.00 CIF
4-5 5.45 6.15
5-6 5.35 6.03
IQF portion 100-150 g/pc 10.10 11.39 = Denmark
Head-on, gutted, grade 1 6-7 kg/pc 5.08 5.73 Denmark DDP Chile
Fillet, interleaved 1-2 lb/pc 4.87 5.49
2-4 4.17 4.70
Fillet, VAC 1-2 lb/pc 6.10 6.88
3-4 6.15 6.94
Fillet, IQF 2-3 lb/pc 6.15 6.94
4-5 6.88 7.76
Bits and pieces 5.81 6.50 Europe CIF
scapped meat 4.20 4.70
TROUT
Trout/Truite/Trucha Whole, gutted, fresh on ice 0.25-0.4 kg/pc HUF 1332 4.28 4.78 * Hungary ex-farm Hungary
Salmo trutta Fillet - farmed 200-400 g/pc 7.90 8.91 + Italy ex-farm Italy
Live - farmed 500-700 g/pc 3.40 3.83 +
Rainbow trout/ Live - farmed 250-400 g/pc 2.90 3.27 =
Truite arc-en-ciel/ Gutted 250-400 g/pc 4.10 4.62 +
Trucha arco iris
Oncorhynchus mykiss
August 2015
August 2015
16
Fish Species Product Form Grading Origin
Trade Name EUR USD & Area
ReferencePrice per kg
As stated
Carp/Carpe/Carpa Live 1.2-5 kg/pc HUF 835 2.68 3.00 = Hungary Hungary
Cyprinus spp. Fresh, whole, gutted, head-on 0.8-4.5 kg/pc HUF 896 2.88 3.22 ex farm
Fresh, whole, gutted, head-off 0.7-4.5 kg/pc HUF 1121 3.60 4.03 +
Fresh on ice - slices HUF 1121 3.60 4.03
Fresh on ice - fillets HUF 1480 4.75 5.32
Crucian Carp/Carassin Live 0.45-0.9 kg/pc HUF 392 1.26 1.41
Carpín
Carassius carassius
Grass Carp/ Carpe Live 0.8-3 kg/pc HUF 630 2.02 2.23
chinoise/Carpa China
Ctenopharyngodon idellus
Bighead carp/Carpe à Fresh gutted, head-off 0.7-5.0 kg/pc HUF 677 2.17 2.43
grosse tête/Carpa Fresh on ice - slices HUF 820 2.63 2.95
capezona Fresh on ice - fillets HUF 940 3.02 3.38
Aristichthys nobilis Live 1-5.5 kg/pc HUF 420 1.35 1.51
Nile perch/Perche du Fillet - skinless 300-500 g/pc 4.92 5.50 EU CFR Uganda
Nil/Perca del Nilo Interleaved, 100% net weight 500-1000 5.19 5.80
Lates niloticus Fresh whole 200-400 g/pc 3.57 4.03 Italy FCA
yellow 200-400 g/pc na Kenya
red 200-400 g/pc 5.60 6.32 + Tanzania
400-700 5.52 6.22 *Fillet - skinless, PBI, IWP 500-1000 g/pc 4.88 5.45 Spain CFR
Nile Tilapia/Tilapia du Fillet - skinless, IQF, PBO 5-7 oz/pc 3.22 3.60 China
Nil/Tilapia del Nilo non-treated, 10% glaze
Oreochromis niloticus
North African catfish/ Fresh - fillets skinless HUF 1528 5.49 5.42 Hungary Hungary
Poisson chat nord- ex farm
africaine/ pez gato
Clarias gariepinus
Panga Fillet - thawed 3.10 3.50 Italy CPT Viet Nam
Pangasius spp. Fillet refreshed 3.57 4.03 - CIF
Fillet, IQF, white - 20% glaze 120-170-220 1.81 2.02 Spain CFR
Fillet, 100% net weight, IQF g/pc 2.37 2.50 +
Fillet, 100% net weight, interlvd 2.19 2.45
Sturgeon/Esturgeon/ Frozen - Whole 1.5-2 kg/pc 5.00 5.64 = France CIF France
Esturione Gutted 5-7 kg/pc 6.50 7.33 =
Acipenseridae Fillets 200-300 g/pc 10.50 11.84 =
800-1000 10.50 11.84 =
A.baeri Caviar (Aquitaine) metal boxes 1 300 1 466 =
Ribbonfish 300-1500 g/pc 2.50 2.82 Europe CFR Senegal
Trichiurus lepturus
FRESHWATER FISH August 2015
August 2015 NON-TRADITIONAL SPECIES
17
Fish Species Product Form Grading Origin
Trade Name EUR USD & Area
ReferencePrice per kg
As stated
Seabass/Bar, Fresh - whole 200-300 g/pc 4.00 4.51 - Greece FOB Greece
Loup/Lubina farmed 300-450 5.10 5.75 -
Dicentrarchus labrax 400-600 5.80 6.54 -
600-800 6.50 7.33 -
800-1000 7.50 8.46 =
> 1000 9.50 10.71 =
200-300 g/pc 4.20 4.74 - Italy CIF
300-450 5.30 5.98 -
450-600 6.00 6.77 -
600-800 6.70 7.56 -
800-1000 7.70 8.68 =
> 1000 9.70 10.94 =
200-300 g/pc 4.25 4.79 - France CIF
300-450 5.35 6.03 -
450-600 6.05 6.82 -
600-800 6.75 7.61 -
800-1000 7.75 8.74 =
> 1000 9.75 11.00 =
200-300 g/pc 4.24 4.78 - Spain CIF
300-450 5.34 6.02 -
450-600 6.04 6.81 -
600-800 6.74 7.60 -
800-1000 7.74 8.73 =
> 1000 9.74 10.98 =
200-300 g/pc 4.25 4.79 - Portugal CIF
300-450 5.35 6.03 -
450-600 6.05 6.82 -
600-800 6.75 7.61 -
800-1000 7.75 8.74 =
> 1000 9.75 11.00 =
200-300 g/pc 4.43 5.00 - UK CIF
300-450 5.53 6.24 -
450-600 6.23 7.03 -
600-800 6.93 7.81 -
800-1000 7.93 8.94 =
> 1000 9.93 11.20 =
SEABASS/SEABREAM/MEAGRE August 2015
18
Fish Species Product Form Grading Origin
Trade Name EUR USD & Area
ReferencePrice per kg
As stated
Seabass/Bar, Fresh - whole 200-300 g/pc 4.27 4.82 - Germany CIF Greece
Loup/Lubina farmed 300-450 5.37 6.06 -
Dicentrarchus labrax 450-600 6.07 6.85 -
600-800 6.77 7.63 -
800-1000 7.77 8.76 =
> 1000 9.77 11.02 =
200-300 g/pc 4.40 4.96 = Italy CIF
300-450 5.80 6.54 -
450-600 6.50 7.33 =
600-800 6.90 7.78 -
800-1000 9.00 10.15 =
1000-1500 10.50 11.84 -
> 1500 12.00 13.53 -
> 2000 15.50 17.48 +
200-300 g/pc 4.40 4.96 Spain CIF Canary Island
300-400 4.70 5.30 (Spain)
400-600 5.70 6.43
600-800 7.91 8.92
800-1000 10.21 11.51
Fresh - whole - wild 1000-2000 g/pc 23.50 26.50 Italy FCA Morocco
Atlantic > 2000 24.50 27.63
> 3000 24.00 27.06
Fresh - whole - wild 400-600 g/pc na CPT Egypt
Mediterranean 600-800 12.72 14.34
800-1000 12.92 14.57
1000-2000 13.00 14.66
> 2000 13.14 14.82
> 3000 13.33 15.03
Farmed - Orbetello Large 10.70 12.07 FCA Italy
Medium 9.70 10.94
Small na
August 2015 SEABASS/SEABREAM/MEAGRE (cont.)
19
Fish Species Product Form Grading Origin
Trade Name EUR USD & Area
ReferencePrice per kg
As stated
Gilthead seabream/ Fresh - whole 200-300 g/pc 5.20 5.86 - Greece FOB Greece
Dorade royale/Dorada farmed 300-450 5.50 6.20 -
Sparus aurata 450-600 6.00 6.77 -
600-800 6.90 7.78 -
800-1000 8.50 9.59 =
> 1000 10.00 11.28 =
200-300 g/pc 5.40 6.09 - Italy CIF
300-450 5.70 6.43 -
450-600 6.20 6.99 -
600-800 7.10 8.01 -
800-1000 8.70 9.81 =
> 1000 10.20 11.50 =
200-300 g/pc 5.45 6.15 - France CIF
300-450 5.75 6.48 -
450-600 6.25 7.05 -
600-800 7.15 8.06 -
800-1000 8.75 9.87 =
> 1000 10.25 11.56 =
200-300 g/pc 5.44 6.13 - Spain CIF
300-450 5.74 6.47 -
450-600 6.24 7.04 -
600-800 7.14 8.05 -
800-1000 8.74 9.86 =
> 1000 10.24 11.55 =
200-300 g/pc 0.27 0.30 - Germany CIF
300-450 5.47 6.17 -
450-600 5.77 6.51 -
600-800 6.27 7.07 -
800-1000 7.17 8.09 =
> 1000 8.77 9.89 =
200-300 g/pc 10.20 11.50 - Portugal CIF
300-450 5.45 6.15 -
450-600 5.75 6.48 -
600-800 6.25 7.05 -
800-1000 7.15 8.06 =
> 1000 8.75 9.87 =
200-300 g/pc 0.43 0.48 - UK CIF
300-450 5.63 6.35 -
450-600 5.93 6.69 -
600-800 6.43 7.25 -
800-1000 7.33 8.27 =
> 1000 8.93 10.07 =
Fresh - whole - wild 600-800 g/pc 16.40 18.49 Italy FCA Morocco
Atlantic 800-1000 16.86 19.01 *1000-2000 15.09 17.02 -
> 2000 16.87 19.02 +
SEABASS/SEABREAM/MEAGRE (cont.) August 2015
20
Fish Species Product Form Grading Origin
Trade Name EUR USD & Area
ReferencePrice per kg
As stated
Gilthead seabream/ Fresh - whole, culture 300-400 g/pc 6.00 6.77 - Italy CIF Greece
Dorade royale/Dorada wild 400-600 g/pc 13.00 14.66 CPT Egypt
Sparus aurata 600-800 13.00 14.66
800-1000 13.00 14.66
1000-2000 13.17 14.85
farmed Orbetello Large 10.70 12.07 FCA Italy
Medium 9.70 10.94
Small 7.60 8.57
Meagre/Maigre Fresh - Whole 500-1000 g/pc 4.30 4.85
commun/Corvina farmed 1000-2000 4.87 5.49
Argyrosomus regius > 2000 5.01 5.65
> 3000 4.30 4.85
> 2000 g/pc 7.00 7.89 = CIF Greece
wild 600-800 g/pc 8.50 9.59 CPT Egypt
800-1000 9.00 10.15
1000-2000 9.00 10.15
2000-4000 9.00 10.15
SEABASS/SEABREAM/MEAGRE (cont.) August 2015
21
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13
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 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
USD EUR Canada CAD 1.30 1.45
Hungary HUF 278.42 311.27
Norway NOK 8.15 9.11 USA USD 1.12
EU EUR 0.89
Denmark DKK 6.68 7.46
Exchange Rates: 12/08/15
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