21
1 Index for prices Groundfish 9 Flatfish 10 Tuna 11 Small Pelagics 11 Cephalopods 12 Crustaceans 13 Bivalves 15 Salmon 15 Trout 16 Freshwater fish 16 Non Traditional Species 16 Seabass-Seabream- Meagre 17 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. Issue 5/2020 May 2020 Latest trends The COVID-19 outbreak and the government measures introduced to reduce contagion risk are still overshadowing the European seafood market. Most importers have stopped purchasing as most countries remain in varying states of lockdown. However, there are some signs of improvement in the general situation, with restaurants reopening in several European countries. In the meantime, the industry is adapting to the shifting market conditions by offering new ranges of seafood retail products targeted at home-bound consumers. In response to the COVID-19 crisis, some countries have taken a more nationally focused approach to marketing, promoting fish sourced domestically over imports from other EU countries. Sales of canned fish were exceptionally good in April but activity has slowed since, with canned tuna producers reporting normal sales in May. Frozen tuna prices have fallen sharply over recent weeks, as plants are working at lower capacity due to COVID- 19, but higher productivity has been reported in Ecuador. GROUNDFISH In the Russian Federation, observers are expecting a gradual decline in the Total Allowable Catch (TAC) for Alaska pollock by 5 percent per year until 2025. Russian landings of Alaska pollock may be reduced by as much as 300 000 tonnes by 2025, to 1 455 000 tonnes. The quota for 2020 is 1 764 000 tonnes.

EPR Table 05-2020 V2The outlook for the groundfish market in Europe for the rest of 2020 is extremely uncertain. ... While herring consumption is still stable in Poland, the market

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Page 1: EPR Table 05-2020 V2The outlook for the groundfish market in Europe for the rest of 2020 is extremely uncertain. ... While herring consumption is still stable in Poland, the market

1

Index for prices

Groundfish 9

Flatfish 10

Tuna 11

Small Pelagics 11

Cephalopods 12

Crustaceans 13

Bivalves 15

Salmon 15

Trout 16

Freshwater fish 16

Non Traditional Species 16

Seabass-Seabream- Meagre 17

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.

Issue 5/2020 May 2020

Latest trends The COVID-19 outbreak and the government measures introduced to reduce contagion risk are still overshadowing the

European seafood market. Most importers have stopped purchasing as most countries remain in varying states of

lockdown. However, there are some signs of improvement in the general situation, with restaurants reopening in several

European countries. In the meantime, the industry is adapting to the shifting market conditions by offering new ranges of

seafood retail products targeted at home-bound consumers.

In response to the COVID-19 crisis, some countries have taken a more nationally focused approach to marketing, promoting

fish sourced domestically over imports from other EU countries. Sales of canned fish were exceptionally good in April but activity

has slowed since, with canned tuna producers reporting normal sales in May. Frozen tuna prices have fallen sharply over recent

weeks, as plants are working at lower capacity due to COVID-

19, but higher productivity has been reported in Ecuador.

GROUNDFISH

In the Russian Federation, observers are expecting a gradual

decline in the Total Allowable Catch (TAC) for Alaska pollock by 5 percent per year until 2025. Russian landings of Alaska pollock

may be reduced by as much as 300 000 tonnes by 2025, to 1 455 000 tonnes. The quota for 2020 is 1 764 000 tonnes.

Page 2: EPR Table 05-2020 V2The outlook for the groundfish market in Europe for the rest of 2020 is extremely uncertain. ... While herring consumption is still stable in Poland, the market

2

The fresh groundfish market has been heavily

impacted by the COVID-19 lockdown. Prices for large Dutch sole, which are normally around EUR 16.00 per kg at this time of the year, have

collapsed to EUR 13.00 per kg. This price decline is expected to continue.

The outlook for the groundfish market in Europe for the rest of 2020 is extremely

uncertain. While China was able to return to near-normal conditions after just a few months,

the same cannot be expected in the European Union.

For the rest of 2020, demand is expected to continue to shift from the restaurant and foodservice sector to the retail and home-delivery sector, with an emphasis on frozen products.

Prices are likely to decline a little, and trade may be more restricted than previously expected. There is a lot of uncertainty regarding cod price development, but the general consensus seems to be that they will stay high or go higher, both because of the slightly tighter supply situation

and because of market demand.

The market situation is still poor for wet-salted cod fillets from frozen raw material (Gadus macrocephalus), and wet-salted cod fillets (Gadus morhua) from fresh raw material of Faroese and Icelandic origin. The HORECA (hotel, restaurant & catering) sector, an important outlet for

wet salted cod, is completely locked down and distributors have plenty of fish in stock. In Italy, restaurants and bars will open again on Monday 18 May, while in Spain the reopening is set to

take place some weeks later.

The poor fishing situation for tuna is persisting in the Western and Central Pacific (WCP) and carrier arrivals in Thailand remain low. Despite this, Thai canneries are still reporting sufficient

raw material inventories and while COVID-19 is still affecting transhipment operations in the WCP, the situation is much better compared with last month.

Several ports have relaxed their rules and are

allowing transhipment to take place. Finished goods orders for retail sizes have stabilised as

panic buying has subsided while orders for food service sizes remain limited. Skipjack prices have fallen, driven to a large extent by

historically low fuel prices which have translated into reduced costs for tuna fishers.

TUNA - BILLFISHES

12.56

9.290.0

5.0

10.0

15.0

20.0

25.0

gutted no 4 gutted no 2

EUR/kg

Sole - origin: Netherlands

1.30

0.5

1.0

1.5

2.0

2.5

3.0

Skipjack Bangkok CFR Skipjack Ecuador, ex-vessel

USD/kg

TUNA - Pacific Ocean

USD/kg

TUNA - Pacific Ocean

1.10

Page 3: EPR Table 05-2020 V2The outlook for the groundfish market in Europe for the rest of 2020 is extremely uncertain. ... While herring consumption is still stable in Poland, the market

3

Catches in the Indian Ocean have been moderate and raw material inventories at local

canneries are healthy. As local canneries are still working at reduced capacity, there has been an increase in transhipment activities with fish being diverted to other markets. Skipjack and yellowfin prices have fallen.

Fishing in the Eastern Pacific remains good and

raw material inventories at local canneries are healthy. Canneries are reported to have increased their working capacity to 60-70%.

As the raw material supply remains high, skipjack and yellowfin prices have moved

lower.

Catches in the Atlantic Ocean have slowed to moderate-to-low, mainly due to strong currents. As a result, raw material inventories at local canneries remain moderate-to-low. However,

skipjack and yellowfin prices have decreased, in line with price trends in other markets. Due to the COVID-19 outbreak, Thai Union has had to close its Ghanaian plant. In Europe, prices

for skipjack and yellowfin have fallen while prices for cooked, single cleaned skipjack loins have remained stable.

2.10

1.050.5

1.0

1.5

2.0

2.5

3.0

Yellowfin > 10 kg, Spain CFR

Skipjack main sizes, Spain CFR

EUR/kg

TUNA - Spanish canneries

2.10

1.05

1.02

2.05

0.5

1.0

1.5

2.0

2.5

3.0

Skipjack, Seychelles, FOBYellowfin, Seychelles, FOBSkipjack, Abidjan ex-vesselYellowfin, Abidjan, > 10 kg, ex-vessel

EUR/kg

TUNA - Indian/Atlantic Oceans

EUR/kg

TUNA - Indian/Atlantic Oceans

EUR/kg

TUNA - Indian/Atlantic Oceans

EUR/kg

TUNA - Indian/Atlantic Oceans

EUR/kg

TUNA - Indian/Atlantic Oceans

EUR/kg

TUNA - Indian/Atlantic Oceans

EUR/kg

TUNA - Indian/Atlantic Oceans

EUR/kg

TUNA - Indian/Atlantic Oceans

EUR/kg

TUNA - Indian/Atlantic Oceans

EUR/kg

TUNA - Indian/Atlantic Oceans

EUR/kg

TUNA - Indian/Atlantic Oceans

EUR/kg

TUNA - Indian/Atlantic Oceans

EUR/kg

TUNA - Indian/Atlantic Oceans

EUR/kg

TUNA - Indian/Atlantic Oceans

EUR/kg

TUNA - Indian/Atlantic Oceans

EUR/kg

TUNA - Indian/Atlantic Oceans

6.854.60

2.0

3.5

5.0

6.5

8.0

9.5

Skipjack - frozen cooked loins, single cleaned, Spain/Italy DDP

Yellowfin - frozen cooked loins, double cleaned, Italy DDP

USD/Kg

TUNA - Loins

Page 4: EPR Table 05-2020 V2The outlook for the groundfish market in Europe for the rest of 2020 is extremely uncertain. ... While herring consumption is still stable in Poland, the market

4

Polish herring catches have reportedly been good, but strong demand is driving prices upwards. While herring consumption is still stable in Poland, the market is slowing in Germany, especially

amongst the younger generations. Sprat prices in Poland have also increased, and they are now approaching herring prices for the first time ever.

The South African squid fishery re-opens on 1 July. Stocks are essentially nil, meaning price

quotes are not available but it seems that the market remains strong. The rand has weakened against the euro, increasing revenue as measured in the local currency.

Currently, the supply of octopus raw material from Indonesia is limited as it is low season, and prices should be high. However, due to the COVID-19 situation, demand is reportedly very

poor, especially from the Spanish restaurant sector, and prices are reportedly falling.

0.0

0.1

0.2

0.3

0.4

0.5

0.6

0.7

fresh

fresh

USD/kg

Herring - in Poland

SMALL PELAGICS

CEPHALOPODS

0.00

0.05

0.10

0.15

0.20

0.25

0.30

0.35

fresh

fresh

USD/kg

Sprat - in Poland

8.60

3.0

4.0

5.0

6.0

7.0

8.0

9.0

Squid - Whole, FAS, size M

EUR/kg

SQUID - in Italy, origin: South Africa

Page 5: EPR Table 05-2020 V2The outlook for the groundfish market in Europe for the rest of 2020 is extremely uncertain. ... While herring consumption is still stable in Poland, the market

5

Following panic-driven harvesting at the end of March, most Indonesian shrimp farmers have postponed stocking shrimp fry in their ponds, and prices are rising as a result. Demand is generally weak in Europe but supermarket sales have been increasing.

Demand for Argentine shrimp remains lacklustre, as fishing gets underway in the North. Most

of the shrimp being caught are large, in the 10/20 category. These sizes are normally directed to the restaurant sector, which is locked down in many markets due to COVID-19. On the other hand, supply is limited for the 20/30 category and for 30/40 it is non-existent. As a result of

imbalanced supply situation, prices have levelled off and are now approximately the same for all sizes. In some cases, larger shrimp are being sold at even lower prices than the smaller

sizes, something that has not occurred before. There are some timid signs of market recovery, with sales picking up in May compared with April, and this trend is expected to continue into June.

Crab prices had already dropped due to decreased exports to China following COVID-19

restrictions, and the closure of the foodservice sector in Europe together with declining sales of festive products is compounding the situation. Improvement is unlikely in the near future, even with the restart of the Chinese market.

Lobster, which is heavily dependent on the restaurant trade, has been even more severely

impacted as demand has decreased to almost nil. Even when restaurants reopen, it will likely take some time for demand to return to anywhere near previous levels, while the wider economic problems will make consumers shy away from luxury products.

CRUSTACEANS

6.30

6.30

6.30

3.0

4.5

6.0

7.5

9.0

10.5

> 10-20 pc/kg > 30-40 > 40-60

EUR/kg

ARGENTINA RED SHRIMP - origin:

EUR/kg

ARGENTINA RED SHRIMP - origin:

Argentina

3.43

1.0

2.0

3.0

4.0

5.0

6.0

400-600 - 600-800 kg/pc

EUR/kg

CRAB - in France, origin: Europe

Page 6: EPR Table 05-2020 V2The outlook for the groundfish market in Europe for the rest of 2020 is extremely uncertain. ... While herring consumption is still stable in Poland, the market

6

Domestic freshwater fish producers in the European Union have been heavily impacted by

COVID-19 as a high proportion of sales are in touristic restaurants close to production areas.

The possibility of selling to the retail sector is essentially nil, as competition from imported freshwater fish is heavy and consumers are not

willing to pay the premium prices that restaurants were able to offer. However, as

inland water fishers have not technically been preventing from producing they are not eligible for government assistance.

Pangasius prices are reportedly stable, even

though this sector has also been impacted by the shutdown of restaurants and fish and chips outlets.

The situation for bivalves has not improved since the last issue of the EPR. The current COVID-19 crisis is very challenging for seafood sales in general and for bivalves in particular. Demand has plummeted in line with the closure of restaurants and the sharp decline in retail sales of

live bivalves products. The oyster sector is suffering particularly heavy damage, as trade of live oyster has become effectively impossible due to logistical problems. However, there are

some cautious signs of improvement, with ready meals based on bivalves entering supermarkets and being met with good consumer interest.

BIVALVES

FRESHWATER FISH

2.52.83.03.33.53.84.04.34.54.85.0

dethawed fillets

dethawed fillets

USD/kg

Pangasius - in Italy, origin: Viet Nam

5.40

3.0

3.5

4.0

4.5

5.0

5.5

6.0

Monthly average consumer prices in metropolitan France

EUR/kg

MUSSEL BOUCHOT - in France

Page 7: EPR Table 05-2020 V2The outlook for the groundfish market in Europe for the rest of 2020 is extremely uncertain. ... While herring consumption is still stable in Poland, the market

7

The current situation in the European market for farmed Atlantic salmon is marked by

significant uncertainty and business repositioning. The COVID-19 crisis continues to inhibit

operations at farms and processing plants while rising unemployment and a darkening

economic outlook is set to take a heavy toll on consumer purchasing power. In the EU market,

a sharp reduction in foodservice demand has seen consumption drop by some 30 percent over

the last few months, although sales of processed and preserved forms at retail have received

a boost in many European countries. Meanwhile, prices have dropped around 30 percent while

logistical and operational costs have risen, eating away at margins all along the supply chain.

Prices for larger fish have dropped relatively faster, a reflection of the high proportion of large

sizes that are sold on Asian markets which enforced COVID-19 restrictions earlier in the year.

As of week 19 2020, the NASDAQ salmon index stands at NOK 48.61 per kg, compared with

peaks nearing NOK 80 per kg earlier in the year. According to the most recent figures published

by the Norwegian Seafood Council (NSC), the value of Norway’s salmon exports fell by NOK

813 million, or 13 percent, in April compared with the same month in 2019. Volume fell by 3

percent, to 83 100 tonnes. NSC analysts point to lower demand and increased air freight costs

as two of the main drivers of the price decline, although a weaker Norwegian krone has

softened the blow somewhat.

In the UK, Scottish exporters are reporting a similar decline to their Norwegian counterparts,

with 2-4 kg fresh whole Atlantics being traded at around GBP 4.20 in week 19. Prices for larger

sizes in the 4-6 kg range were not much different, as the premium on larger fish has now been

completely eroded.

When demand is low, farmers will tend to keep fish in the sea for as long as possible, and this

translates into inflated biomasses and delayed harvests. As a result, late 2020 is now expected

to see significantly higher than expected volumes of farmed Atlantics hit European markets,

with analysts at SpareBank suggesting the increase could be as much as 9 percent compared

with 2019. However, according to current forecasts, this relative supply glut could coincide

with the return of demand, particularly in the foodservice sector. Forward prices at Fish Pool

are largely reflecting this prediction, remaining stable around NOK 50 per kg for most of the

remainder of the year.

SALMON

50.71

46.17

0.010.020.030.040.050.060.070.080.090.0

100.0

3-4 kg 6-7

NOK/kg

Salmon - origin: Norway

Page 8: EPR Table 05-2020 V2The outlook for the groundfish market in Europe for the rest of 2020 is extremely uncertain. ... While herring consumption is still stable in Poland, the market

8

Export prices for farmed Norwegian trout have fallen in line with salmon, down to NOK 51.25 per kg for fresh whole as of week 18 2020. This is 15 percent lower than the same week in 2019. Total trout supply out of Norway has been rising, with NSC putting the total export

volume 13 percent higher year-on-year in April at 4 200 tonnes. The price decline saw revenues fall for the same month, however, with the total export value of NOK 234 million 13 percent

lower than April 2019.

Prices are staying relatively high in the European bass and bream market, as the lack of

demand resulting from the shutdown of the European restaurant industry is being countered

by much tighter supply this year. A sharp reduction in stocking in 2019 combined with losses

from storm Gloria in Spain has translated into a substantial drop in volumes, which is softening

the impact of the COVID-19 crisis somewhat.

The industry is still suffering, however, as sales have dropped by some 40 percent and financial

losses are mounting. Like other sectors, marketing focus has shifted to retail, but the fact that

most bass and bream is sold as fresh product is presenting some challenges as consumers are

mainly interested in preserved products.

TROUT

SEABASS SEABREAM

4.70

4.203.0

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

Page 9: EPR Table 05-2020 V2The outlook for the groundfish market in Europe for the rest of 2020 is extremely uncertain. ... While herring consumption is still stable in Poland, the market

Fish Species Product Form Grading Origin

Trade Name EUR USD & Area

Cod/Cabillaud, Morue/ Fresh gutted 1.91 2.07 Poland FOB Baltic Sea

Bacalao IQF portion, single frozen 100-150 g/pc 8.70 9.45 Italy CIF Iceland

Gadus morhua Fresh - fillet 50-100 g/pc 4.00 4.34 CPT

100-200 5.00 5.43 Belgium

200-400 7.60 8.25 - Denmark

Fresh - Whole 1-2 kg/pc 6.73 7.31 +

2-4 7.09 7.70 -

Fresh gutted 2-3 kg/pc 8.75 9.50

50-100 g/pc 4.31 4.68 Poland

Fresh - fillet 100-200 g/pc 7.56 8.21 -

200-400 8.95 9.72 -

Fillet- IQF 500-1000g/pc 4.80 5.21 FCA Spain

4.45 4.83 CIF

Fillet - wet salted - 1st quality 700-1000 g/pc 9.40 10.21 - DDP Iceland

produced from fresh raw material

Portion single frozen, 10% glaze 100-150 g/pc 8.80 9.55 CIF

Stockfish 700 g/pc 24.00 23.00 - DDP Norway

60-80 g/pc 31.70 34.42 FCA

Gadus macrocephalus Fillet - wet salted - 1st quality 400-700 g/pc 8.60 9.34 - CIF Denmark

produced from frozen raw material

Hake/Merlu/Merluza Minced block 1.83 1.99 = Namibia FOB Namibia

Merluccius capensis for Spanish market

IQF portion, trapeze 90-110 g/pc 7.95 8.63 Italy CIF

Merluccius merluccius Fresh - whole 100-200 g/pc 4.90 5.32 + CPT Croatia

200-300 5.00 5.43 +

Fresh - gutted 100-200 g/pc 4.90 5.32

200-300 5.50 5.97

300-400 6.21 6.74 +

400-600 7.50 8.14 +

Merluccius productus Fillet, PBO 2.95 3.20 = Spain EXW USA

Minced block 1.93 2.10 =

Alaska pollack/Lieu H&G Russian Fed. Russian Fed.

de l'Alaska/Colín >25 1.06 1.15 - wholesale Vladivostok

de Alaska >30 0.81 0.88

Theragra chalcogramma >25 1.59 1.28 wholesale Moscow

Haddock/Eglefin/Eglofino H&G < 0.8 kg/pc NOK 15.00 1.36 1.48 - Sweden FCA Norway

Melanogrammus

aeglefinus

Ling/Lingue franche/ Fillet - wet salted 1-1.5 kg/pc 5.50 5.97 - Italy DDP Faeroe Islands

Maruca Produced from fresh raw material

Molva molva 1st quality

Monkfish/Baudroie/ Fresh - Tail < 0.3 kg/pc 7.30 7.93 Italy CPT UK

Rape 0.3-0.5 11.35 12.32

Lophius spp. 0.5-1 13.32 14.46

1-2 14.23 15.45

> 2 15.76 17.11

Fresh - whole 0.5-1 kg/pc 5.78 6.28 FCA France

1-2 6.00 6.51

John Dory/ Fresh whole 1-2 kg/pc 15.00 16.29 - France wholesale France

Saint Pierre 2-3 16.00 17.37 -

Pez de San Pedro Fresh - gutted 600-800 g/pc 9.90 10.75 Italy CPT Senegal

Zeus faber 800-1000 9.76 10.60

1000-2000 9.41 10.22

Fresh- whole 0.80 0.87 Mauritania FOB Mauritania

headless small 3.20 3.47 for European market

medium 4.10 4.45

big 4.60 4.99

Reference

May 2020

Price per kg

As stated

GROUNDFISH

Page 10: EPR Table 05-2020 V2The outlook for the groundfish market in Europe for the rest of 2020 is extremely uncertain. ... While herring consumption is still stable in Poland, the market

Fish Species Product Form Grading Origin

Trade Name EUR USD & Area

ReferencePrice per kg

As stated

FLATFISH

Turbot/Rodaballo Fresh - whole 0.5-1 kg/pc 4.00 4.34 - Spain CIF Spain

Psetta maxima farmed 1-2 5.00 5.43 -

2-3 7.00 7.60 -

3-4 9.00 9.77 -

Fresh - whole < 0.5 kg/pc 9.50 10.31 Spain DDP Netherlands

wild 0.4-0.6 8.45 9.17

0.8-1 13.05 14.17

1-2 18.50 20.09

2-3 22.00 23.89

3-4 22.00 23.89

4-6 26.00 28.23

Fresh - whole 0.4-0.6 kg/pc 6.70 7.27 Italy CPT Spain/Portugal

farmed 0.6- 0.8 6.00 6.51 -

0.8-1 5.97 6.48 -

1-1.5 6.01 6.53 -

1.5-2 6.00 6.51 -

2-2.5 6.10 6.62 -

2.5-3 9.50 10.31 +

3-4 9.90 10.75 +

Fresh - whole 0.5-1 kg/pc 11.04 11.99 Netherlands

1-2 16.58 18.00

2-3 16.23 17.62

3-4 19.95 21.66

> 4 24.50 26.60

Fresh - gutted 0.7-1kg/pc 9.21 10.00 +

1-2 10.73 11.65 +

Sole/Sole/ Fresh - whole < 175 g/pc 7.25 10.80 Spain CIF

Lenguado wild 170-200 14.70 15.96

Solea vulgaris 200-300 15.80 17.15

200-250 18.55 20.14

300-500 20.40 22.15

400-500 25.40 27.58

500-600 21.30 23.13

1 small 4.00 4.34 Mauritania FOB Mauritania

2 small 3.00 3.26 for European market

3 small 2.30 2.50

4 small 1.90 2.06

Medium 4.50 4.89

Fresh - whole 200-300 g/pc 21.60 23.45 France

wild 300-400 24.70 26.82

No. 3 15.26 16.57 + Italy CPT

No. 5 7.80 8.47

Sole/Sole/ Fresh - whole No. 2 23.50 25.51 Italy CPT Netherlands

Lenguado No. 3 17.71 19.23

Solea vulgaris No. 4 14.73 15.99

Fresh - gutted No. 2 12.54 13.61 -

No. 3 10.88 11.81 -

No. 4 9.29 10.09 -

No. 5 9.61 10.43 +

European plaice/ Fresh - whole 300-400 g/pc 5.55 6.03 Spain CIF

Plie d'Europe/ 400-600 4.70 5.10

Solla europea > 600 5.40 5.86

Pleuronectes platessa IQF, white skin-on, 25% glaze No. 2 6.00 6.51 Netherlands FOB

IQF skin-off, 25% glaze 6.15 6.68 for Italian market

European Flounder/ Fresh - fillets skin-on Large 5.65 6.13 Italy CPT

Flet d'Europe/ skinless Large 6.41 6.96

Platija europea whole 2.66 2.89 +

Platichthys flesus 1.51 1.64 FCA

1.81 1.97 CPT Denmark

Scophthalmus rhombus Fresh, whole 500-1000g/pc 11.10 12.05 + Netherlands

1000-2000 15.64 16.98

Fresh, gutted 500-1000g/pc 7.87 8.54 -

1000-2000 10.59 11.50 -

May 2020

Page 11: EPR Table 05-2020 V2The outlook for the groundfish market in Europe for the rest of 2020 is extremely uncertain. ... While herring consumption is still stable in Poland, the market

Fish Species Product Form Grading Origin

Trade Name EUR USD & Area

ReferencePrice per kg

As stated

TUNA/BILLFISHES

Tuna/Thon/Atún Skipjack - whole 1.20 1.30 - Bangkok CFR Western/Central

Thunnus spp. 0.89 0.97 FOB Pacific Ocean

Skipjack - whole 1.01 1.10 - Ecuador Eastern Tropical

Yellowfin - whole 2.16 2.35 - ex-vessel Pacific Ocean

Skipjack - whole 1.02 1.10 - Seychelles Indian Ocean

Yellowfin - whole 2.10 2.28 - FOB

Skipjack - whole 1.05 1.14 - Abidjan Atlantic Ocean

Yellowfin - whole > 10 kg 2.05 2.23 - ex-vessel

Skipjack - whole 1.8-3.4 kg/pc 1.05 1.14 - Spain CFR Various origins

Yellowfin - whole > 10 kg 2.10 2.28 -

Skipjack - cooked & cleaned double cleaned 4.24 4.60 Italy DDP Solomon Islands

loins - vacuum packed

Yellowfin - cooked & cleaned double cleaned 6.31 6.85 Kenya/Mauri-

loins - vacuum packed tius/Solomon Is.

Skipjack > 1.8 kg/pc 1.17 1.27 + Tunisia CFR Seychelles

1.59 1.73 Ghana

Yellowfin- whole > 10 kg 2.10 2.28 - Spain DAT Atlantic Ocean

3-10 kg/pc 1.77 1.92

Yellowfin- frozen loins 6.74 7.32 DDP Eastern Pacific

Skipjack - whole > 3.5 kg 1.30 1.41 DAT Atlantic Ocean

Skipjack- frozen loins 4.88 5.29 DDP Eastern Pacific

Skipjack - cooked loins single cleaned 5.98 4.00 -

Bigeye- frozen loins 5.98 7.10

Bigeye- whole > 10 kg 2.23 2.42 DAT Atlantic Ocean

Skipjack - whole 1.93 2.10 Europe CFR Ecuador

Yellowfin - pre-cooked loins double cleaned 5.43 5.90

single cleaned 4.60 5.00

Skipjack - pre-cooked loins 4.51 4.90

Swordfish/Espadon/ Fresh- whole 13.50 14.66 = France, wholesale Atlantic

Pez espada Frozen- filet, vacuum 8.40 9.12 = Spain

Xiphias gladius Fresh - gutted < 12 kg/pc 10.50 11.40 Italy FCA

Whole Mediterranean 13-18 10.50 11.40

19-25 10.50 11.40

26-35 7.01 7.61

Whole Atlantic 19-25 8.62 9.36 Morocco

26-35 8.62 9.36

36-50 8.33 9.04

> 50 9.88 10.73

SMALL PELAGICS

Mackerel/Maquereau/ Fresh - whole 2.85 3.09 Italy CPT Belgium

Caballa 2.49 2.70 UK

Scomber scombrus 1.00 1.09 Croatia

2.82 3.06 Norway

3.20 3.47 France

4-6 pc/kg 3.75 4.07

Fresh - Fillets 5.30 5.75 -

butterfly cut 5.23 5.68 +

Mackerel/Maquereau/ Whole 3-4 pc/kg 1.69 1.83 Spain FOB Spain

Caballa Large 0.80 0.87 Mauritania FOB Mauritania

Scomber scombrus Medium 0.75 0.81 for European market

Small 0.75 0.81

Horse Mackerel/ Whole > 24 cm/pc 1.23 1.34 Morocco FOB for Morocco

Chincard/ Jurel European market

Trachurus spp

Herring/Hareng/Arenque Fresh - fillet 2.77 3.01 Italy CPT Denmark

Clupeidae Fresh - whole 250-300 g/pc 0.81 0.88 Russian Fed. Russian Fed.

> 350 1.52 1.65 wholesale Moscow

250- 300 g/pc 0.66 0.72 + Russian Fed.

> 300 0.87 0.70 wholesale Vladivostok

> 250 0.61 0.66

70-100 g/pc 0.18 0.20 Poland FOB Baltic

May 2020

May 2020

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Fish Species Product Form Grading Origin

Trade Name EUR USD & Area

ReferencePrice per kg

As stated

SMALL PELAGICS (cont.)

Sprat/Sprat/Espadín Fresh - whole 0.18 0.20 Poland FOB Baltic

Sprattus sprattus

Sardine/Sardine/ Sardina Fresh - whole 1.23 1.34 Italy CPT Croatia

Sardina pilchardus 1.75 1.90 Spain

1.07 1.16 Italy

2.07 2.25 France

Fresh - fillet 5.25 5.70

4.15 4.51 UK

3.80 4.13 FCA Spain

Whole, IQF, 3% glaze 1.75 1.90 = Croatia

H& G 6.00 6.51 Italy

Fresh- whole 2.85 3.09 + France- wholesale France

Anchovy/Anchois/ Boquerón Fresh 2.60 2.82 + France - wholesale France

Engraulis encrasicolus

Horse Mackerel/ Fresh > 250g 4.50 4.89 Europe

Chincard/ Jurel < 200g 2.70 2.93 +

Trachurus spp

CEPHAPOLODS

Squid/Encornet/Calamar Whole S (< 18 cm) 7.40 8.03 Italy CIF South Africa

Loligo spp. M (18-25) 8.60 9.34

L (25-30) 9.70 10.53

XL (>30) 9.70 10.53

Loligo vulgaris Fresh - whole 100-300 g/pc 11.83 12.84 - FCA Morocco

300-400 12.50 13.57

400-600 11.83 12.84 +

600-1000 13.50 14.66

12.30 13.35 Croatia

Squid/Encornet/Calamar Whole 2 small 3.85 4.18 Mauritania FOB Mauritania

Loligo spp. 3 small 3.65 3.96 for European market

4 small 3.50 3.80

small 5.75 6.24

medium 7.60 8.25

large 8.40 9.12

Octopus/Poulpe/Pulpo Whole - FAS T1 9.50 10.31 Morocco FOB, Morocco

Octopus vulgaris T2 8.75 9.50 for Spanish market

T3 8.25 8.96

T4 7.75 8.41

T5 7.25 7.87

Octopus/Poulpe/Pulpo Sushi slice 7 g/pc 10.55 11.45 Europe CFR Indonesia

Octopus vulgaris 100% net weight 9 11.97 13.00

boiled cut 8.47 9.20

100% net weight

Flower type 1-2 kg/pc 4.14 4.50 -

90% net weight >2 5.16 5.60 -

Frozen in land, pots and T1 8.29 9.00 Mauritania FOB Mauritania

glaciers, 1 T2 8.29 9.00

T3 8.29 9.00

T4 7.64 8.30

T5 7.37 8.00

T6 7.83 8.50

T7 7.37 8.00

T8 6.91 7.50

Frozen on board T1 7.83 8.50

T2 7.83 8.50

T3 7.83 8.50

T4 7.18 7.80

T5 6.91 7.50

T6 7.37 8.00

FAS T7 7.37 8.00

T8 6.91 7.50

May 2020

May 2020

Page 13: EPR Table 05-2020 V2The outlook for the groundfish market in Europe for the rest of 2020 is extremely uncertain. ... While herring consumption is still stable in Poland, the market

Fish Species Product Form Grading Origin

Trade Name EUR USD & Area

ReferencePrice per kg

As stated

CEPHAPOLODS (cont.)

Octopus/Poulpe/Pulpo Fresh 8.00 8.69 Italy CPT Croatia

Octopus vulgaris 3.33 3.62 FCA France

10.16 11.03 - CPT Italy

1-2 7.83 8.50 - FCA Spain

extra 11.35 12.32 CPT Croatia

small 7.45 8.09

10% glaze T3 9.19 9.98 = EXW Morocco

T4 8.74 9.49 +

T5 8.41 9.13 +

T6 7.91 8.59 =

T7 7.82 8.49 -

Fresh 11.50 12.49 = France, wholesale Europe

Frozen 11.00 11.94 =

Octopus/Poulpe/Pulpo Fresh - whole Mixed 4.53 4.92 Italy CPT Croatia

Eledone moschata Small 7.93 8.61

Medium 4.50 4.89

Extra 10.43 11.32

Frozen- whole 50-100 g/pc 4.66 5.06 CFR Yemen

100-200 5.66 6.15

200-300 5.66 6.15

300-500 5.66 6.15

400-600 5.66 6.15

600- 1000 5.66 6.15

500-1000 5.66 6.15

1000- 2000 5.66 6.15

Cuttlefish/Seiche/ Frozen at land- whole block 100-200 g/pc 4.51 4.90 Vietnam CIF

Sepia 200-300 4.51 4.90

Sepia spp. >300 4.51 4.90

FAS- whole block 200-300 g/pc 4.37 4.75

300-500 4.37 4.75

500-1000 4.37 4.75

1000- 2000 4.37 4.75

Frozen- whole 200- 300 g/pc 4.37 4.75 Europe CIF

300- 500 4.37 4.75

500- 1000 4.37 4.75

CRUSTACEANS

Whiteleg shrimp/ PD, chemical treatment 31-40 pc/lb 8.24 8.95 - Europe CFR Indonesia

Crevette pattes 100% net weight 41-50 7.51 8.15 -

blanches/Camarón treated with non-phosphate 51-60 7.28 7.90 -

patiblanco 61-70 7.09 7.70 -

Penaeus vannamei 71-90 7.00 7.60 -

91-120 6.82 7.40 -

20- 30 pc/lb 8.01 8.70 Ecuador FOB Ecuador

30- 40 4.93 5.35 -

40- 50 5.76 6.25

50- 60 4.47 4.85 -

60- 70 5.20 5.65

70- 80 5.02 5.45

Argentine red shrimp/ Head-on, shell-on 10-20 pc/kg 6.30 6.84 - Spain EXW Argentina

/Camarón/langostín argentino 20-30 6.30 6.84 -

30-40 6.30 6.84 -

Pleoticus muelleri 40-60 6.30 6.84 -

Deep-water rose shrimp/ Farmed, organic, cooked 20-30 pc/kg 26.00 28.23 = France, wholesale Madagascar

Crevette rose du large/ 30-40 22.00 23.89 =

Gamba de altura/ 40-50 16.50 17.91 =

Parapenaeus longirostris Farmed, cooked 40-50 15.50 16.83 =

Norway lobster/ Fresh - Whole, 4X1.5 kg 31-40 10.30 11.18 Spain DDP Netherlands

Langoustine/Cigala 41-50 8.52 9.25

Nephrops norvegicus Tails 40-60 13.35 14.49

Whole 00 pc/kg 17.25 18.73 Spain CIF Scotland

0 14.25 15.47

May 2020

May 2020

Page 14: EPR Table 05-2020 V2The outlook for the groundfish market in Europe for the rest of 2020 is extremely uncertain. ... While herring consumption is still stable in Poland, the market

Fish Species Product Form Grading Origin

Trade Name EUR USD & Area

ReferencePrice per kg

As stated

CRUSTACEANS (cont.)

Norway lobster/ Whole 1 9.25 10.04 Spain CIF Scotland

Langoustine/Cigala 2 5.25 5.70

Nephrops norvegicus 3 4.75 5.16

4 4.40 4.78

5 4.15 4.51

Fresh - whole 4 26.25 28.50

10- 15 18.00 19.54

5-9 pc/kg 24.05 26.11 Netherlands

11-15 13.86 15.05

16-20 9.45 10.26

20-30 8.64 9.38

31-40 5.61 6.09

41-50 5.81 6.31

Fresh - whole, headed 6-9 pc/kg 15.90 17.26 - Italy CPT Denmark/

11-15 10.92 11.86 + UK

16-20 7.45 8.09 +

21-30 5.56 6.04 +

31-40 4.53 4.92 +

41-50 3.90 4.23

European lobster/ Live - bulk 400-600 g/pc 32.00 34.74 = France delivered Ireland

Homard européen/ 600-800 32.00 34.74 = to French vivier

Bogavante Fresh - whole Large 27.50 29.86 Italy CPT UK

Homarus gammarus small 29.49 32.02

400-600 g/pc 28.16 30.57

600-800 19.19 20.83

800-1000 29.00 31.49

> 1kg 29.00 31.49

Live 14.00 15.20 Mauritania FOB Mauritania

for European market

American lobster/ Live hard shell 16.95 18.40 Canada

Homard américain/ > 3000g 16.19 17.58

Bogavante americano Live hard shell 450-550 g 15.07 16.36 USA

Homarus americanus Live soft shell 12.34 13.40

Popsicle < 450 g/pc CAN 24.73 18.43 17.05 Canada FOB Canada

(canner size) for European mkt

> 450 CAN 25.88 18.43 17.05

(market size)

American lobster/ Whole cooked netted lobster < 450 g/pc CAN 19.50 13.89 12.85 Europe CIF Canada

Homard américain/ (canner size)

Bogavante americano > 450 g/pc CAN 22.50 16.03 14.82

Homarus americanus (market size)

Caribbean spiny lobster/ Tails 5-6 oz 14.51 15.75 Europe CIF Nicaragua

Langouste blanche/ 7-9 oz 30.96 33.62

Langosta común del Caribe 10-24 oz 28.94 31.42

Panulirus argus Whole, raw 15.66 17.00

Cooked 17.50 19.00

Scalloped spiny lobster/ Whole 100-200g 13.81 15.00 Taiwan CIF Yemen

Langouse festonnée/ 200-300 15.66 17.00

Langosta festoneada > 300 17.50 19.00

Panulirus homarus Whole, IWP 30-60 g/pc 14.74 16.00 Europe CIF

60-120 14.74 16.00

>120g 18.42 20.00

Edible crab/Tourteau/ Live, bulk T2 (13-16 cm) 3.43 3.72 - France Auction France

Buey de mar 500-700g/pc 7.30 8.21

Cancer pagurus >1 kg 8.50 9.57

Spinous spider crab/ Fresh - female 5.30 5.96 Italy CPT UK

Araignée européenne/ male 4.50 5.06

Centolla europea/ female 4.90 5.51 France

Maja squinado male 4.30 4.84

Fresh-female small 2.87 3.23

male small 2.70 3.04

May 2020

Page 15: EPR Table 05-2020 V2The outlook for the groundfish market in Europe for the rest of 2020 is extremely uncertain. ... While herring consumption is still stable in Poland, the market

Fish Species Product Form Grading Origin

Trade Name EUR USD & Area

ReferencePrice per kg

As stated

BIVALVES

Oyster/Huître/Ostra Live No. 3 4.50 5.06 = France prod. Price/ Ireland/France

Crassostrea gigas average export price

60-100 g/pc 17.50 19.69 Spain CIF Netherlands

Italy

Ostrea edulis 95-110 g/pc 17.65 19.86 Netherlands

>130 14.62 16.45

Mussel/Moule/Mejillón Live - Bottom mussel Bulk 2.10 2.36 = France wholesale France

Mytilus edulis 1.80 2.03 = Netherlands

Mytilus galloprovincialis Live - Rope 60-80 pc/kg 2.00 2.25 = Spain

Fresh - whole 1.92 2.16 Italy CPT Italy

Fresh- in skin 2.19 2.46 * FCA

2.25 2.53 Spain

Fresh 1.21 1.36 -

1.92 2.16 + CPT

Mytilus chilensis IQF - shell-off, 7% glaze 200-300 pc/kg 3.20 3.60 CIF Chile

Razor shell/Couteau/ Fresh S 7.50 8.44 Spain CIF Ireland

Navajas - Solenidae M 8.60 9.68

L 12.15 13.67

Live 10-12 cm/pc 3.80 4.28 Netherlands

Great Atlantic scallop/ Fresh whole shell, roe-on 3.50 3.94 France wholesale France

Coquille-St- Jacques/ Fresh whole shell, roe-off 3.40 3.83

Vieira Fresh, meat, roe-on 28.00 31.51

Pecten maximus Frozen, meat, roe-on 28.00 31.51 = Europe

Frozen, meat, roe-off 27.50 30.95 =

Fresh, whole shell, bulk, roe-on 29.00 32.63 + Retail

Fresh, whole shell, bulk, roe-off 29.00 32.63 +

SALMON

Atlantic salmon/ Fresh - gutted, head-on 2-3 kg/pc 7.80 8.47 + France wholesale Norway

Saumon de l'Atlantique/ 3-4 7.80 8.47 +

Salmón del Atlántico 4-5 8.00 8.69 +

Salmo salar 5-6 8.20 8.90 =

6-7 8.20 8.90 =

2-3 kg/pc 8.20 8.90 = Scotland

Superior quality 8.80 9.55 +

Smoked- Fillet, vaccuum 1-2 kg/pc 30.50 33.11 =

reconstituted sides

Fresh- Fillet 3-4 kg/pc 9.80 10.64 - Norway

Smoked- Fillet, vaccuum 1-2 kg/pc 30.00 32.57 =

reconstituted sides

Fresh - gutted, head-on 1-2 kg/pc NOK 39.47 3.57 3.90 - Norway FOB Norway

2-3 NOK 45.64 4.13 4.50 -

3-4 NOK 49.07 4.44 4.84 -

4-5 NOK 50.71 4.59 5.00 -

5-6 NOK 50.81 4.60 5.01 -

6-7 NOK 47.17 4.27 4.66 -

7-8 NOK 46.31 4.19 4.57 -

8-9 NOK 45.87 4.15 4.53 -

> 9 NOK 45.41 4.11 4.48 -

Fresh 3-4 kg/pc 6.90 7.49 Spain CFR Norway

11.95 12.97

gutted, head-on 4-5 kg/pc 5.44 5.91 - Tunisia CFR

5-6 7.85 8.52

IQF - salmon slices 9.73 10.56 Europe CFR

Fresh - salmon cubes 8x8x8 9.73 10.56

Fresh - Whole - Superior 2-3 kg/pc 4.45 4.83 - Italy DDP Norway

3-4 4.86 5.28 -

4-5 4.86 5.28 -

5-6 4.84 5.25 -

6-7 4.53 4.92 -

7-8 4.53 4.92 -

8-9 4.50 4.89 -

9-10 4.45 4.83 -

May 2020

May 2020

Page 16: EPR Table 05-2020 V2The outlook for the groundfish market in Europe for the rest of 2020 is extremely uncertain. ... While herring consumption is still stable in Poland, the market

Fish Species Product Form Grading Origin

Trade Name EUR USD & Area

ReferencePrice per kg

As stated

SALMON (cont.)

Atlantic salmon/ Fresh- Whole 3-4 4.73 5.14 - Italy DDP Norway

Saumon de l'Atlantique/ 4-5 4.69 5.09 -

Salmón del Atlántico 5-6 4.67 5.07 -

Salmo salar Fillet, cooked 5.09 5.53 FCA Italy

IQF portion, 10% glazing 100-150 g/pc 10.00 10.86 Denmark

TROUTRainbow trout/ Fresh 300-400 g/pc 4.00 4.34 = Italy CPT Italy

Truite arc-en-ciel/ Gutted 150-300 g/pc 4.70 5.10

Trucha arco iris 300-500 g/pc 5.00 5.43

Oncorhynchus mykiss Fresh- whole 6.60 7.17 + France wholesale France

Fillet 8.20 8.90 =

Fillet, smoked 26.00 28.23 =

Whole, gutted, bulk 12.08 13.12 Retail

FRESHWATER FISH Arctic char/omble-chevalier/ Fresh- whole 8.70 9.45 = France wholesale Europe

Trucha alpina

Salvelinus alpinus

Nile perch/Perche du Fillet - skinless 300-500 g/pc 5.07 5.50 EU CFR Uganda

Nil/Perca del Nilo Interleaved, 100% net weight 500-1000 5.94 6.45

Lates niloticus Fresh whole 200-400 g/pc 3.47 3.77 - Italy FCA

yellow 200-400 g/pc 3.71 4.03 -

red 200-400 g/pc 3.96 4.30 - Tanzania

green 200-400 g/pc 3.66 3.97 -

Fresh fillet 200-400 g/pc 4.59 4.98 -

400-700 3.63 3.94

Pike perch/Sandre/ - Fillet - skinless, PBI, IWP 500-1000 g/pc 5.94 6.45 Spain CFR

Lucioperca Fresh- whole Average size 10.50 11.40 = France whoelsale Europe

Sander lucioperca Fillet 11.50 12.49 -

Fresh- whole 2-3 kg 5.50 5.97

Nile Tilapia/Tilapia du Fillet - skinless, IQF, PBO 5-7 oz/pc 3.85 4.00 Spain CFR China

Nil/Tilapia del Nilo non-treated, 10% glaze

Oreochromis niloticus

Pangasius Fillet, thawed 4.29 4.66 Italy CIF Viet Nam

Pangasius hypophthalmus

NON-TRADITIONAL SPECIESSturgeon/Sturgeon/ Frozen - Whole 1.5-2 kg/pc 6.50 7.06 = France CIF France

Esturione Gutted 5-7 kg/pc 7.50 8.14 =

Acipenseridae Fillets 200-300 g/pc 15.00 16.29 =

800-1000 15.00 16.29 =

A.baeri Caviar (Aquitaine) metal boxes 9.90 10.75 =

Ribbonfish 300-1500 g/pc 2.50 2.71 Europe CFR Senegal

Trichiurus lepturus Whole, IWP 100-200 g/pc 3.32 3.60 Taiwan CIF Yemen

200-300 3.78 4.10

300-500 3.78 4.10

500-700 3.78 4.10

700-1000 3.78 4.10

European eel/ Smoked Medium 47.00 51.03 = France wholesale Europe

Anguille d'Europe/

Anguila europea

Anguilla anguilla

Dusky grouper H&G 3-5 kg/pc 5.53 6.00 Europe CIF Yemen

Mérou noir/Mero moreno > 5 4.60 5.00

Epinephelus marginatus IWP, gutted > 3 kg/pc 4.60 5.00

Fresh whole 10-20 kg/pc 10.00 10.86 Italy CPT Senegal

1-2 12.53 13.60

2-4 12.75 13.84

> 20 9.50 10.31

White grouper/ Whole, gutted 3-5 kg/pc 5.99 6.50

Merou blanc/Cherna de ley 5-10 5.07 5.50

Epinephelus aeneus > 10 5.07 5.50

Whole 1- 2 kg/pc 9.43 10.24

2- 4 9.27 10.06

4- 7 9.27 10.06

Whole, fresh 1- 2 kg/pc 7.50 8.14 * FCA

May 2020

May 2020

May 2020

May 2020

Page 17: EPR Table 05-2020 V2The outlook for the groundfish market in Europe for the rest of 2020 is extremely uncertain. ... While herring consumption is still stable in Poland, the market

Fish Species Product Form Grading Origin

Trade Name EUR USD & Area

ReferencePrice per kg

As stated

NON-TRADITIONAL SPECIES (cont.)Crimson jobfish Whole, gutted 2- 3 kg/pc 3.09 3.35 Europe CIF Yemen

Colas fil/Panchito hebra. 3- 5 3.18 3.45

Pristipomoides filamentosus 5- 10 3.18 3.45

Spangled emperor/ Whole, gutted 3-5 kg/pc 2.70 2.93

Empereur moris/ > 5 2.70 2.93

Emperador relámpago IQF, H&G 3-5 4.14 4.50

Lethrinus nebulosus > 5 4.14 4.50

Common dolphinfish (Mahi Whole, gutted 2-3 kg/pc 2.81 3.05

Mahi)/Coryphène 3- 5 2.81 3.05

commune/ Lampuga 5- 10 2.81 3.05

Coryphaena hippurus

SEABASS/SEABREAM/ MEAGRESeabass/Bar, Fresh - whole 200-300 g/pc 3.10 3.37 = Greece FOB Greece

Loup/Lubina farmed 300-450 4.00 4.34 =

Dicentrarchus labrax 450-600 4.30 4.67 =

600-800 5.50 5.97 =

800-1000 6.50 7.06 =

> 1000 8.50 9.23 =

200-300 g/pc 3.30 3.58 = Italy CIF

300-450 4.20 4.56 =

450-600 4.50 4.89 =

600-800 5.70 6.19 =

800-1000 6.70 7.27 =

> 1000 8.70 9.45 =

Fresh - whole 200-300 g/pc 3.35 3.64 = France CIF

farmed 300-450 4.25 4.61 =

450-600 4.55 4.94 =

600-800 5.75 6.24 =

800-1000 6.75 7.33 =

> 1000 8.75 9.50 =

200-300 g/pc 3.34 3.63 = Spain CIF

300-450 4.24 4.60 =

450-600 4.54 4.93 =

600-800 5.74 6.23 =

800-1000 6.74 7.32 =

> 1000 8.74 9.49 =

200-300 g/pc 3.37 3.66 = Germany CIF

300-450 4.27 4.64 =

450-600 4.57 4.96 =

600-800 5.77 6.26 =

800-1000 6.77 7.35 =

> 1000 8.77 9.52 =

200-300 g/pc 3.35 3.64 Portugal CIF

300-450 4.25 4.61

450-600 4.55 4.94

600-800 5.75 6.24

800-1000 6.75 7.33

> 1000 8.75 9.50

200-300 g/pc 3.53 3.83 = UK CIF

300-450 4.43 4.81 =

450-600 4.73 5.14 =

600-800 5.93 6.44 =

800-1000 6.93 7.52 =

> 1000 8.93 9.70 =

200-300 g/pc 3.19 3.46 Italy FCA Greece

300-450 3.78 4.10

450-600 4.18 4.54

600-800 4.81 5.22

800-1000 6.63 7.20

1000-1500 8.08 8.77

1500- 2000 9.45 10.26

> 2000 13.52 14.68

May 2020

May 2020

Page 18: EPR Table 05-2020 V2The outlook for the groundfish market in Europe for the rest of 2020 is extremely uncertain. ... While herring consumption is still stable in Poland, the market

Fish Species Product Form Grading Origin

Trade Name EUR USD & Area

ReferencePrice per kg

As stated

SEABASS/SEABREAM/ MEAGRE (cont.)Seabass/Bar, Fresh - whole 200-300 g/pc 4.50 4.89 Spain CIF Canary Island

Loup/Lubina farmed 300-400 4.50 4.89 (Spain)

Dicentrarchus labrax 400-600 4.00 4.34

600-800 4.30 4.67

800-1000 5.50 5.97

1000-1500 9.12 9.90

1500-20000 12.50 13.57

Wild 1000-2000 g/pc 10.80 11.73 France

2000-3000 11.80 12.81

3000-4000 14.30 15.53

Fresh - whole - wild 600-800 10.20 11.07 Italy CPT Egypt

Mediterranean 800-1000 10.20 11.07

1000-2000 11.08 12.03

> 2000 11.33 12.30

Farmed - Orbetello Large 10.70 11.62 = FCA Italy

Medium 9.70 10.53 =

Small 7.60 8.25

Gilthead seabream/ Fresh - whole 200-300 g/pc 4.20 4.56 + Greece FOB Greece

Dorade royale/Dorada farmed 300-450 4.50 4.89 +

Sparus aurata 450-600 4.60 4.99 =

600-800 5.30 5.75 =

800-1000 6.50 7.06 =

> 1000 8.50 9.23 =

200-300 g/pc 4.40 4.78 + Italy CIF

300-450 4.70 5.10 +

450-600 4.80 5.21 =

600-800 5.50 5.97 =

800-1000 6.70 7.27 =

> 1000 8.70 9.45 =

200-300 g/pc 4.45 4.83 + France CIF

300-450 4.75 5.16 +

450-600 4.85 5.27 =

600-800 5.55 6.03 =

800-1000 6.75 7.33 =

> 1000 8.75 9.50 =

200-300 g/pc 4.44 4.82 + Spain CIF

300-450 4.74 5.15 +

450-600 4.84 5.25 =

600-800 5.54 6.01 =

800-1000 6.74 7.32 =

> 1000 8.74 9.49 =

Gilthead seabream/ Fresh - whole 200-300 g/pc 4.47 4.85 + Germany CIF Greece

Dorade royale/Dorada farmed 300-450 4.77 5.18 +

Sparus aurata 450-600 4.87 5.29 =

600-800 5.57 6.05 =

800-1000 6.77 7.35 =

> 1000 8.77 9.52 =

200-300 g/pc 4.45 4.83 + Portugal CIF

300-450 4.75 5.16 +

450-600 4.85 5.27 =

600-800 5.55 6.03 =

800-1000 6.75 7.33 =

> 1000 8.75 9.50 =

200-300 g/pc 4.63 5.03 + UK CIF

300-450 4.93 5.35 +

450-600 5.03 5.46 =

600-800 5.73 6.22 =

800-1000 6.93 7.52 =

> 1000 8.93 9.70 =

May 2020

Page 19: EPR Table 05-2020 V2The outlook for the groundfish market in Europe for the rest of 2020 is extremely uncertain. ... While herring consumption is still stable in Poland, the market

Fish Species Product Form Grading Origin

Trade Name EUR USD & Area

ReferencePrice per kg

As stated

SEABASS/SEABREAM/ MEAGRE (cont.)Gilthead seabream/ wild 600-800 g/pc 16.31 17.71 Italy FCA Morocco

Dorade royale/Dorada 800-1000 18.90 20.52

Sparus aurata 1000-2000 19.35 21.01

> 2000 18.51 20.10

farmed 200-300 g/pc 4.10 4.45 Greece

300-400 4.26 4.63

400-600 4.22 4.58

wild 400-600 g/pc 10.08 10.94 CPT Egypt

600-800 10.50 11.40

800-1000 10.50 11.40

1000-2000 10.50 11.40

farmed Orbetello Large 10.70 11.62 = FCA Italy

Medium 9.70 10.53 =

1-2 kg/pc 12.40 13.46 =

Wild 600-800 g/pc 14.90 16.18 - CPT Morocco

1000-2000 17.05 18.51 -

2000-3000 17.27 18.75

White seabream/Sar/Sargo Fresh farmed 5.60 6.08 - Italy CPT Senegal

Diplodus sargus 300-500 g/pc 8.49 9.22 + Spain

Japanese threadfin bream/ Whole 100-200 g/pc 1.80 1.95 Vietnam CIF Yemen

Cohana japonaise/ 200- 300 2.07 2.25

Baga japonesa 300- 500 2.07 2.25

Nemipterus japonicus Whole, frozen at sea, block 100- 200 g/pc 2.54 2.76 USA CIF

> 200 2.91 3.16

Santer seabream/ 500-1000 g/pc 6.96 7.56 Italy CPT Oman

Denté nufar/Dentón nufar 1000-2000 6.96 7.56

Cheimerius nufar

Meagre/Maigre Fresh - Whole 500-1000 g/pc 5.25 5.70 Italy FCA Greece

commun/Corvina farmed 1000-2000 5.25 5.70

Argyrosomus regius > 2000 4.99 5.42

> 3000 6.33 6.87

> 2000 g/pc 7.57 8.22 CIF

wild 600-800 g/pc 6.30 6.84 CPT Egypt

800-1000 6.23 6.76

1000-2000 6.34 6.88

2000-4000 6.90 7.49

4000-6000 7.80 8.47

5-10 kg 8.48 9.21

10-15kg 8.50 9.23

Fresh- whole, wild > 1000 g/pc 9.50 10.31 + France wholesale France

May 2020

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GLOBEFISH Market Reports are available from the GLOBEFISH web site: www.fao.org/in-action/globefish

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, 00153 Rome, Italy.

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 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

US$ EUR

Canada CAD 1.40 1.52

Hungary HUF 323.05 350.75

Norway NOK 10.13 11.05

USA USD 1.09

EU EUR 0.92

Denmark DKK 6.87 7.46

Russia RUR 73.23 79.42

Exchange Rates 15.5.2020

The European Fish Price Report is a monthly GLOBEFISH publication. This issue was prepared by Helga Josupeit, Nada Bougouss, Felix Dent, and Alessia Capasso.

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