30
Index for prices Groundfish 9 Flatfish 10 Tuna 11 Small Pelagics 11 Cephalopods 12 Crustaceans 16 Bivalves 19 Salmon 20 Trout 21 Freshwater fish 22 Non Traditional Species 23 Seabass-Seabream- Meagre 24 The European Fish Price Report, based on information supplied by industry correspondents, aims to provide guidance on broad price trends. Price information is indicative and should be used only for forecasting medium- and long-term trends. FAO is not responsible for any errors or omissions. LATEST TRENDS January is a rather quiet month for seafood demand in Europe. The focus has now changed to Chinese markets due to an overall reduction in European demand in the wake of the holiday season. Strong demand from China in expectation of the Chinese New Year festivities in mid-February will draw supplies way from the European market, where traders are reluctant to buy at the high price levels prevailing at present. Cod remains in low supply due to limited catches and reduced quotas for this year. Prices are increasing in all major markets. 0.9 1.2 1.4 1.7 1.9 2.2 2.4 Fresh gutted USD/kg COD - in Poland (FOB, origin: Baltic Sea) Issue 1/2018 January 2018 GROUNDFISH

Issue 1/2018 January 2018 - fao.org · 4. Catches in the South African Loligo squid fishery have been good, and it is estimated that more than 5 000 tonnes have been landed since

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Index for prices Groundfish 9

Flatfish 10

Tuna 11

Small Pelagics 11

Cephalopods 12

Crustaceans 16

Bivalves 19

Salmon 20

Trout 21

Freshwater fish 22

Non Traditional Species 23

Seabass-Seabream- Meagre 24

The European Fish Price Report, based on information supplied by industry correspondents, aims to provide guidance on broad price trends. Price information is indicative and should be used only for forecasting medium- and long-term trends. FAO is not responsible for any errors or omissions.

LATEST TRENDS

January is a rather quiet month for seafood demand in Europe. The focus has now changed to Chinese markets due to an overall reduction in European demand in the wake of the holiday season. Strong demand from China in expectation of the Chinese New Year festivities in mid-February will draw supplies way from the European market, where traders are reluctant to buy at the high price levels prevailing at present.

Cod remains in low supply due to limited catches and reduced quotas for this year. Prices are increasing in all major markets.

0.91.21.41.71.92.22.4

Fresh gutted

USD/kg

COD - in Poland (FOB, origin: Baltic Sea)

Issue 1/2018 January 2018

GROUNDFISH

2

Very strong sales were reported for cultured Spanish turbot during the Christmas season, but at a lower average price. In January 2018 prices have started to move up, but are still 40 percent below what they were in January 2017.

Decreasing prices of Alaska pollock are reported in Vladivostok. On the contrary, there are increasing price of Alaska Pollock in Moscow due to high demand and a few offers in the market.

Strong demand and high prices in the fresh and frozen cod market is creating supply problems for the cured market. Cured cod is still considered a product for periods when supply is plentiful rather than a value-added product. A further increase in prices is expected in February and March 2018 for wet-salted cod fillets from frozen Pacific cod (Gadus macrocephalus), and there is also a shortage of product in the market for wet-salted Atlantic cod fillets (Gadus morhua) from fresh raw material of Faroese and Icelandic origin. Meanwhile, the market is stable for wet-salted ling fillets, where there has been continuing good catches and high consumption. In general, the quality of stockfish at present is far better than in 2016, when black spots were present on the skin due to the persistent rain.

Price of tuna, especially of skipjack, continue the downward trend which began in November 2017. Limited demand from the Thai industry, which itself is a result of sluggish demand for the final product, has led to a steep decline in skipjack prices to USD 1 550 per tonne, compared with almost USD 2 500 in late October 2017. Some experts expect the price to dip below USD 1 500 in the coming days, and the canned tuna industry is becoming more and more competitive. Fishing in the Western and Central Pacific has slowed down to a moderate pace. However, due to the large number of carrier landings in December and the end-of-year closure at Thai canneries, raw material inventories remain at a healthy level. The second 2-month IATTC ‘veda’ in the Eastern Pacific is ending on 19 January 2018, and catches have been poor for those vessels (some 36 percent of the total) that have opted to continue fishing over this period. While raw material supplies continue to be supplemented

TUNA - BILLFISHES

8.00

8.60

10.15

8.90

5.07.09.0

11.013.015.017.019.021.023.025.027.029.0

Fresh - whole, cultured 0.5-1kg/pc 1-2 kg/pc2-3 kg/pc 3-4 kg/pc

EUR/kg

TURBOT - in Spain, origin: Spain

1.65

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

1.55

3

by carriers arriving from the Indian Ocean and the Western and Central Pacific, inventories at local canneries have fallen to a low level. Despite the lack of raw material, however, prices for Ecuadorian, EU-eligible skipjack have fallen to USD 1 800-1 900 per tonne ex-vessel Manta, while those for skipjack from Western and Central Pacific carriers are at USD 1 650 CFR Manta, reflecting the downtrend on the Thai market. In contrast, yellowfin price have increased slightly. Fishing in the Indian Ocean has resumed for all fleets since the start of the year. Raw material inventories at local canneries remain healthy. Both skipjack and yellowfin prices have fallen. The annual 2-month FAD closure in the Atlantic Ocean came into effect on 1 January 2018. Both catches and raw material inventories at local canneries are moderate. In line with the global trend, skipjack and yellowfin prices are declining. In Europe, prices for skipjack have fallen while yellowfin prices remain stable. Meanwhile, the market price for cooked, double cleaned yellowfin loins is down due to the arrival of duty-free quota loins. The 25 000 tonne duty-free quota was already exhausted by the first week of January.

Demand for herring in Poland is good at the moment, while catches are declining, pushing prices higher. Sprat prices are reported to be stable.

Pacific herring is in ample supply and is selling at record low price levels in Vladivostok. On the Moscow market, however, price of Pacific herring is stable.

2.25

1.30

1.29

2.10

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

7.507.10

2.03.55.06.58.09.5

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

USD/Kg

TUNA - Loins

SMALL PELAGICS

2.40

1.40

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

Catches in the South African Loligo squid fishery have been good, and it is estimated that more than 5 000 tonnes have been landed since the season re-opened on 23 November. Prices for the larger sizes are holding up well, but they are weak for the smallest size "S". While the current catch rate is pointing to softening prices, however, the strength of the local currency, the rand, is discouraging price cuts. The rand has firmed from ZAR 16.90 to ZAR 14.80 to the Euro in 6 weeks.

Low demand from Europe is reported for cuttlefish, with slightly downward trending prices. Most of the cuttlefish supply is being directed to East Asia.

During the Christmas season, consumer demand for shrimp remained low, confirming a weaker shrimp market in 2017. In January, demand has remained weak but prices have been stable. Price increases in the coming months are likely, as imports in EU28 will be seasonally low until April/May 2018 and high demand for shrimp in East Asia is anticipated for the Lunar New Year celebration in February.

The Argentine fleet posted record catches of shrimp in 2017, with the total in the first three quarters of 2017 already exceeding the previous 200 000 tonne record achieved during 2016. Exports from Argentina, which is one of the leading suppliers of sea-caught shrimp, were, at 44 950 tonnes, 16 percent higher in the first nine months of 2017 compared with the same period of 2016. This was due primarily to increased exports to the USA, Japan, Viet Nam, Thailand and the Russian Federation. Exports to the EU and China fell over the same period

CEPHALOPODS

CRUSTACEANS

7.55

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

7.60

7.30

7.20

7.20

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

5

(-15 percent each). As inventories in Europe of Argentina shrimp are relatively high, prices are likely to come down soon, with the exception of large sized shrimp, that had been sold at a very low price in recent months.

OTHER CRUSTACEANS

Demand for crab and lobster remained firm for year-end sales. This is the end of the fishing season for European lobster and stocks are low, pushing prices up.

There are some difference with regard to inventories of American lobster in Canada and the USA. While there are some whole raw and cooked lobster and cooked lobster meat on stocks, the lobster tails inventories are scarce, so prices will be high for tails in coming months. The Canadian new season will re-open on 1 May. Canadian exporters will be taking advantage of duty-free status in the EU under the Comprehensive Economic and Trade Agreement (CETA) in the new season to the disadvantage of US exporters. Meanwhile, demand in Italy has been weak in January, for tropical lobster, and prices have fallen sharply as a result.

Demand for crab was high during the holiday season, leading to a record price of EUR 4.85 per kg.

French Bouchot rope and Dutch bottom mussels are plentiful on the French market. Organic rope mussels are also widely available and well accepted by French consumers, who are willing to pay a higher price for what is considered a more healthy product. Spanish mussels have also managed to carve out a market slot as a lower priced alternative.

BIVALVES

32.00

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:

4.851.0

2.0

3.0

4.0

5.0

400-600 - 600-800 kg/pc

EUR/kg

CRAB - in France, origin: Europe

6

December is the strongest season for shellfish sales in general, and for oyster sales in particular. December sales can represent over 50 percent of annual sales of oysters of French origin, the main oyster exporting country. According to the oyster mortality monitoring bulletin from the French scientific institution IFREMER dated 18/12/2017, the average cumulative mortality rate is 70 percent on national level for seed oysters with high regional variation. Juvenile and adult oysters are reported as having much lower mortality rates (8 percent and 7.2 percent respectively). Overall, according to the IFREMER monitoring programme, seed mortalities are a little above 2016 levels whereas juvenile and adult mortality rates are well below last year’s figures. Summer oyster growth is reported to have been disappointing which has led to a shortage of large oysters.

Prices for Norwegian farmed Atlantic salmon began the year close to record highs but declined steeply in the last two quarters as a buildup of biomass led to a spike in harvest volumes. However, it appears this trend is reversing in early 2018 as supply tightens once again. As of week 1, 2018, the Fish Pool Index, which reflects average Norwegian export prices for fresh whole Atlantics, was at NOK 56.34 per kg, significantly higher than the 2017 low of NOK 45.31 per kg but some way below the NOK 79.69 per kg observed in week 1, 2017.

Despite the decline in the second two quarters, the average price for 2017 as a whole was still higher than the previous year, and the full-year report recently released by the Norwegian Seafood Council (NSC) showed a 5 percent increase in Norway’s farmed Atlantic salmon export revenues in 2017, driven by higher prices overall and a 2.8 percent increase in total export volumes. The annual totals came to 1 million tonnes worth NOK 64.7 billion. The EU remains by far the most important market for Norwegian salmon exporters but its relative share declined slightly in 2017 after a 2 percent drop in EU-destined volume and a 1 percent increase in value. Offsetting this decline is a significant increase in exports, of 11 percent in value and 13 percent in volume, to Asian markets such as Japan, Viet Nam and

SALMON

4.80

3.03.54.04.55.05.56.0

Monthly average consumer prices in metropolitan…

EUR/kg

MUSSEL BOUCHOT - in France

61.42

56.11

0.010.020.030.040.050.060.070.080.090.0

100.0

3-4 6-7

NOK/kg

Salmon - origin: Norway

7

the Republic of Korea, and also increased exports to a salmon-hungry US market. In Scotland, a weaker British pound, strong demand in the EU, the US and China, and high prevailing prices meant record revenues for the industry in 2017. In line with their Norwegian counterparts, prices for Scottish fish fell towards the end of the year but have begun a recovery in early 2018.

Current forward prices at Fish Pool reflect the broad market consensus for an average price level of NOK 55 per kg for January and just below that for 2018 as a whole. This would represent a decline of about 10 percent compared with 2017, and is the result of an expected increase of around 8 percent in global supply of farmed Atlantic salmon. Demand is firm and stable in the EU, where economic conditions are improving.

Continuing tight supply of farmed trout from Norway saw 2017 exports drop 42 percent in volume terms to 40 000 tonnes and 27 percent in value to NOK 2.9 billion, figures that reflect the effect that the lack of fish has had on price levels. Although good biological performance over the course of the year saw biomass growth accelerate and eased some pressure on prices in the second half of the year, farmed trout remains scarce and demand from the US, Eastern European and Asian markets should prevent prices from dropping much further in 2018.

As typically seen after the Christmas holidays there has been a drop in sales in Hungary, Germany and the Czech Republic, which are the traditional markets for these species. Supplies are tighter but are still sufficient to meet demand, with most producers making use of this period of year to maintain their units for live fish and try to empty ponds. Sales campaigns for carp are continuing, albeit at sharply discounted prices.

FRESHWATER FISH

TROUT

630

1100

1402

400600800

100012001400160018002000

Carp - whole - live Carp - Slices, fresh on iceCarp - Fillets, fresh on ice

HUF/kg

CARP - in Europe, origin: Hungary

3.70

4.00

1.52.02.53.03.54.04.5

Trout: Salmo spp Rainbow Trout: Oncorhynchus mykiss

EUR/kg

TROUT - Ex-farm prices in Italy

8

Due to negative press, European demand for pangasius continues to decline. As a result, imports into the EU were some 15 percent down in 2017 and Viet Nam, the main supplier of this species to the European market, is diversifying its exports, increasing sales to Africa and Latin America. Tilapia imports into the EU, in contrast, grew somewhat in 2017, but this species still is rather marginal in the EU market, equivalent to only one third of total pangasius imports in volume terms.

Both of the two major Mediterranean suppliers, Turkey and Greece, have been supplying the European market with significantly greater quantities of bass and bream this year, and this has pushed prices downwards. Compared with December, January prices for Greek seabream on the Italian market rose slightly for small sizes (200-300g) and extra-large sizes (1kg+) grade but dropped for the 600-800g category, while seabass prices remained stable for small (200-300g) and large (800g+) fish but fell for all other sizes. For the mid-size category (300-450g), prices are now at their lowest point in 4 years in Italy, while reports from Spanish wholesale markets reflect similar trends. Without a significant negative supply shock, total production of bass and bream in the Mediterranean region can be expected to remain at or above 2017 levels over the next couple of years and although progress in market diversification, technological innovation, product development and marketing means that the sector is not as vulnerable to price crashes as it once was, the short and medium-term outlook remains uncertain. In other industry news, there are now eight bidders competing for majority stakes in two of the largest Greek bass and bream companies, Nireus and Selonda. The majority of the remaining potential buyers are US and European based investment funds seeking to advance consolidation of the Greek industry by acquiring both firms. The sales process is now expected to be completed sometime in the second quarter of 2018.

SEABASS - SEABREAM - MEAGRE

4.40

4.203.03.54.04.55.05.56.06.5

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

8

Fish Species Product Form Grading OriginTrade Name EUR USD & Area

Cod/Cabillaud, Morue/ Fresh gutted 1.52 1.87 + Poland FOB Baltic SeaBacalao IQF portion, single frozen 100-150 g/pc 7.30 8.93 = Italy CIF IcelandGadus morhua Fresh - fillet 50-100 g/pc 4.00 4.90 CPT Denmark

100-200 6.30 7.71 +200-400 6.90 8.44 -

Fresh - Whole 1-2 kg/pc 5.93 7.26 +2-4 6.16 7.54 +

Fresh gutted 2-3 kg/pc 6.27 7.67Fresh - fillet 100-200 g/pc 5.95 7.28 + Poland

200-400 7.32 8.96 +Fillet- IQF 500-1000g/pc 4.05 4.96 = FCA Spain

4.30 5.26 = CIFFillet - wet salted - 1st quality 700-1000 g/pc 9.30 11.38 = Italy DDP Icelandproduced from fresh raw materialPortion single frozen, 10% glaze 100-150 g/pc 7.30 8.93 CIFStockfish 700 g/pc 23.00 28.15 = DDP Norway

60-80 g/pc 28.70 35.13 FCAGadus macrocephalus Fillet - wet salted - 1st quality 400-700 g/pc 8.70 10.65 = Italy CIP Denmark

produced from frozen raw materialFillet- thawed 12.25 14.99 +H&G 1-2 lb/pc 3.41 4.19 - Europe CIF Alaska/USA

2-3 3.92 4.815-6 4.13 5.07 *3-9 3.22 3.95

Whole, longline 3.72 4.57 =3.32 4.08

Hake/Merlu/Merluza Minced block 1.74 2.13 = Namibia FOB NamibiaMerluccius capensis for Spanish market

IQF portion, trapeze 90-110 g/pc 6.50 7.96 + Italy CIFIQF 100-200 g/pc 6.20 7.59 Europe DDP South Africa

Merluccius merluccius Fresh - whole 100-200 g/pc 4.43 5.42 + Italy CPT Croatia200-300 5.44 6.66 +

Fresh - gutted 200-300 g/pc 5.50 6.73 +300-400 6.50 7.96 -

Merluccius productus Fillet, PBO 2.20 2.70 = Spain EXW USAMinced block 1.43 1.75 =

Alaska pollack/Lieu H&G Russian Fed. Russian Fed.de l'Alaska/Colín >25 1.10 1.35 + wholesale Vladivostok

de Alaska >30 0.81 0.99Theragra chalcogramma >25 1.33 1.28 + wholesale Moscow

Stick - Paprika 250 g/pc 2.51 3.07 France CFR SpainHoki H&G 100-300 g/pc 1.63 1.99 Spain FOBMacruronus magellanicus 300-500 1.63 1.99

500-900 1.63 1.99Haddock/Eglefin/Eglofino H&G < 0.8 kg/pc Sweden FCA NorwayMelanogrammusaeglefinus

Ling/Lingue franche/ Fillet - wet salted 1-1.5 kg/pc 5.90 7.22 = Italy DDP Faeroe IslandsMaruca Produced from fresh raw materialMolva molva 1st quality

Surimi (Alaska pollack)

Reference

January 2018

Price per kgAs stated

GROUNDFISH

no quotation

9

Fish Species Product Form Grading OriginTrade Name EUR USD & Area

ReferencePrice per kgAs stated

Monkfish/Baudroie/ Fresh - Tail < 0.3 kg/pc 9.83 12.03 - Italy CPT UKRape 0.3-0.5 12.16 14.88 +Lophius spp. 0.5-1 13.20 16.16 +

1-2 13.72 16.79 +> 2 15.67 19.18 +

Fresh - whole 0.5-1 kg/pc 5.84 7.15 FCA France1-2 6.45 7.89

John Dory/ Frozen skin-on 60-100 g/pc 7.66 9.40 Germany CFR ChinaSaint Pierre PBO, chemical free, 100% net 100-150 0.81 1.00Pez de San Pedro weight, IQF,Bulk, frozen weight 150-200 8.55 10.50Zeus faber +count 200-300 8.96 11.00

Fresh whole 1-2 kg/pc 19.00 23.25 * France, wholesale France2-3 20.50 25.09 *

Fresh - gutted 600-800 g/pc 9.90 12.12 - Italy CPT Senegal800-1000 10.75 13.16 -1000-2000 10.50 12.85 -

Fresh- whole 600-800 g/pc 10.72 13.12 + FCA Spain800-1000 12.86 15.74 +1000-2000 12.72 15.57 +

Sand steenbras/ Fresh 300-500 g/pc 1.68 2.06 + MoroccoMarbré/ Herrera 500/700 10.65 13.03 +Lithognathus mormyrus 700/1000 10.65 13.03 +

Mixed 8.77 10.73

Turbot/Rodaballo Fresh - whole 0.5-1 kg/pc 8.00 9.79 + Spain CIF Spain Psetta maxima farmed 1-2 8.60 10.53 +

2-3 8.90 10.89 +3-4 10.15 12.42 +

Fresh - whole < 0.5 kg/pc 9.10 11.14 Netherlandswild 0.4-0.6 3.90 4.77

0.5-0.8 15.98 19.560.5-1 11.85 14.500.8-1 12.70 15.54 +1-2 15.35 18.79 +2-3 15.40 18.85 +3-4 21.00 25.70 -4-6 27.70 33.90 -

Fresh - whole 0.4-0-6 kg/pc 8.53 10.44 Italy CPT Spain/Portugalfarmed 0.6- 0.8 8.14 9.96 -

0.8-1 8.38 10.26 -1-1.5 8.21 10.05 -1.5-2 8.20 10.04 =2-2.5 8.72 10.67 -2.5-3 8.70 10.65 -3-4 10.73 13.13 -

GROUNDFISH (cont.)

FLATFISH January 2018

January 2018

10

Fish Species Product Form Grading OriginTrade Name EUR USD & Area

ReferencePrice per kgAs stated

Fresh - whole 0.5-1 kg/pc 8.90 10.89 Netherlandswild 0.7-1 9.60 11.75 -

1-2 11.20 13.71 -2-3 15.31 18.74 +3-4 19.15 23.44 +> 4 26.00 31.82

Fresh - gutted 0.7-1kg/pc 9.38 11.48 +1-2 13.47 16.49 +

Sole/Sole/ Fresh - whole < 175 g/pc 13.15 10.80 + Spain CIF NetherlandsLenguado wild 170-200 13.95 17.07 +Solea vulgaris 200-300 15.15 18.54 +

200-250 17.45 21.36300-500 17.25 21.11 -400-500 18.70 22.89 +500-600 20.25 24.78 +

Fresh - whole 200-300 g/pc 21.60 26.44 + Francewild 300-400 24.70 30.23 +

No. 3 14.93 18.27 Italy CPTNo. 4 11.50 14.07No. 5 6.20 7.59

Fresh - whole No. 2 15.38 18.82 - NetherlandsNo. 3 13.23 16.19 +No. 4 13.76 16.84

Fresh - gutted No. 2 16.62 20.34 +No. 3 13.39 16.39 +No. 4 11.21 13.72 +No. 5 10.43 12.77 +

Sole/Sole/ Fresh - whole No. 2 14.91 18.25 Italy CIF NetherlandsLenguado No. 3 14.15 17.32Solea vulgaris No. 4 9.92 12.14European plaice/ Fresh - whole 300-400 g/pc 3.80 4.65 Spain CIFPlie d'Europe/ 400-600 3.90 4.77 -Solla europea > 600 4.15 5.08 -Pleuronectes platessa IQF, white skin-on, 25% glaze No. 2 3.60 4.41 - Netherlands FOB

IQF skin-off, 25% glaze 4.00 4.90 - for Italian marketEuropean Flounder/ Fresh - fillets skin-on Large 3.75 4.59 Italy CPTFlet d'Europe/ skinless Large 5.75 7.04Platija europea whole 2.19 2.68Platichthys flesus 1.51 1.85 FCA

1.65 2.02 = CPT DenmarkScophthalmus rhombus Fresh, whole 500-1000g/pc 7.20 8.81 * Netherlands

1000-2000 10.35 12.67 *Fresh, gutted 500-1000g/pc 8.62 10.55 *

1000-2000 14.39 17.61 *Yellowtail flounder/ Frozen- whole Large 1.98 2.43 Europe CIF North AtlanticLimande à queue jaune/Limanda Limanda ferrugineaCommon dab/ Limande/ Frozen- whole Small 2.16 2.65Limanda Large 2.52 3.09Limanda limandaGreenland Halibut/ Fillet - skinoff, boneless, Denmark FOB GreenlandReinhardtius blockfrozen hippoglossoides

FLATFISH (cont.) January 2018

No quotations

11

Fish Species Product Form Grading OriginTrade Name EUR USD & Area

ReferencePrice per kgAs stated

Tuna/Thon/Atún Skipjack - whole 1.26 1.55 - Bangkok CFR Western/CentralThunnus spp. Pacific Ocean

Skipjack - whole 1.34 1.65 - Ecuador Eastern TropicalYellowfin - whole 1.51 1.85 - ex-vessel Pacific OceanSkipjack - whole 1.30 1.59 - Seychelles Indian OceanYellowfin - whole 2.10 2.57 - FOBSkipjack - whole 1.29 1.58 - Abidjan Atlantic OceanYellowfin - whole > 10 kg 2.25 2.75 - ex-vesselSkipjack - whole 1.8-3.4 kg/pc 1.40 1.71 - Spain CFR Various originsYellowfin - whole > 10 kg 2.40 2.94 =Skipjack - cooked & cleaned double cleaned 5.78 7.10 - Italy DDP Solomon Islandsloins - vacuum packedYellowfin - cooked & cleaned double cleaned 6.11 7.50 - Kenya/Mauri-loins - vacuum packed tius/Solomon Is.Skipjack > 1.8 kg/pc 1.67 2.05 Tunisia CFR Ivory Coast

1.41 1.73 GhanaYellowfin- whole > 10 kg 2.60 3.18 Spain DAT Atlantic Ocean

3-10 kg/pc 1.77 2.17Yellowfin- frozen loins 5.96 7.32 DDP Eastern PacificSkipjack - whole > 3.5 kg 1.80 2.20 DAT Atlantic OceanSkipjack- frozen loins 6.77 8.28 DDP Eastern PacificBigeye- frozen loins 5.78 7.10Bigeye- whole > 10 kg 2.23 2.72 DAT Atlantic OceanSkipjack - whole 1.71 2.10 Europe CFR EcuadorYellowfin - pre-cooked loins double cleaned 5.70 7.00 -

single cleaned 5.29 6.50 -Skipjack - pre-cooked loins 4.89 6.00 -

Swordfish/Espadon/ Fresh- whole 14.20 17.38 = France, wholesale AtlanticPez espada Frozen- filet, vacuum 8.40 10.28 SpainXiphias gladius Fresh - gutted < 12 kg/pc 6.98 8.54 Italy FCA

Whole Mediterranean 13-18 8.13 9.95 +19-25 8.00 9.79 +26-35 7.95 9.73 +

Whole Atlantic 19-25 5.76 7.05 - Morocco26-35 6.26 7.66 -36-50 6.26 7.66 -> 50 7.13 8.73 +

Mackerel/Maquereau/ Fresh - whole 2.85 3.49 Italy CPT Belgium

Caballa 2.26 2.77 UK

1.70 2.08 * Croatia

Scomber scombrus 2.90 3.55 Norway

2.81 3.44 - France

4-6 pc/kg 2.95 3.61 +

Fresh - Fillets 5.71 6.99 +butterfly cut 5.80 7.10 +

Indian mackerel/ Whole, IQF 1-6 pc/kg 0.90 1.10 Tanzania CIF YemenMaquereau des Indes Whole, frozen block 8- 12 0.86 1.05 =Caballa de la India 12- 14 0.77 0.95 *Rastrelliger kanagurta

SMALL PELAGICS

TUNAS/BILLFISHES January 2018

January 2018

12

Fish Species Product Form Grading OriginTrade Name EUR USD & Area

ReferencePrice per kgAs stated

Mackerel/Maquereau/ Whole 3-4 pc/kg 1.05 1.29 Spain FOB SpainCaballaScomber scombrus

Horse Mackerel/ Whole > 24 cm/pc 1.23 1.51 Morocco FOB for MoroccoChincard/ Jurel European market

Trachurus spp

Herring/Hareng/Arenque Fresh - fillet 2.49 3.05 Italy CPT Denmark

Clupeidae Fresh - whole 250-300 g/pc 0.72 0.88 = Russian Fed. Russian Fed.> 350 1.52 1.86 wholesale Moscow

> 25 0.75 0.92 Russian Fed. > 300 0.48 0.59 = wholesale Vladivostok

> 250 0.91 1.1170-100 g/pc 0.42 0.52 + Poland FOB Baltic

Sprat/Sprat/Espadín Fresh - whole 0.15 0.18 =Sprattus sprattus

Sardine/Sardine/ Sardina Fresh - whole 0.88 1.08 Italy CPT Croatia

1.25 1.53 - Spain

Sardina pilchardus 1.00 1.22 Italy1.95 2.39 France

Fresh - fillet 4.50 5.51 +3.60 4.41 UK3.80 4.65 FCA Spain

Whole, IQF, 3% glaze 1.06 1.30 CroatiaH& G 6.00 7.34 = CPT Italy

Squid/Encornet/Calamar Whole S (< 18 cm) 6.50 7.96 + Italy CIF South Africa

Loligo spp. M (18-25) 7.55 9.24 +L (25-30) 7.70 9.42 +XL (>30) 7.70 9.42 +S (< 18 cm) 5.80 7.10 - Europe CFRM (18-25) 7.20 8.81 +L (25-30) 7.40 9.06 +XL (>30) 7.40 9.06 +S (< 18 cm) 7.65 9.36 + Italy EXWM (18-25) 7.85 9.61

Frozen 11-14 cm 2.69 3.30 Europe CIF USAwhole, block frozen < 5 5.95 7.30 India

6-15 5.21 6.4010-40 3.71 4.55> 40 3.22 3.95

Loligo gayi Whole 18-22 cm 7.65 9.36 Italy EXW Falkland/15-18 5.50 6.73 Malvinas Isl.12-16 6.35 7.77 +

Squid tentacles 18.42 22.54 CPTWhole, thawed 5.36 6.56 = Argentina

CEPHALOPODS

SMALL PELAGICS (cont.)

January 2018

January 2018

13

Fish Species Product Form Grading OriginTrade Name EUR USD & Area

ReferencePrice per kgAs stated

Loligo vulgaris Fresh - whole 100-300 g/pc 14.55 17.81 Italy FCA Morocco300-400 11.50 14.07400-600 14.41 17.64 +600-1000 13.50 16.52< 100 g/pc 4.65 5.69 + CPT UK100-300 6.57 8.04 +300-500 7.55 9.24 -

10.45 12.79 + Croatia 100-200 g/pc 8.08 9.89 + France

Whole, IWP, block 21-25 cm 9.90 12.12 CIF Morocco9.50 11.63 FOB

16-20 cm 9.20 11.269.61 11.76 CIF

11-15 cm 8.60 10.538.20 10.04 FOB

Whole, block 16-20 cm 9.00 11.027.90 9.67 CIF

21-25 cm 8.57 10.498.19 10.02 FOB

6-10 cm 7.54 9.237.91 9.68 CIF

Thawed 21-25 cm 9.74 11.92 CPT11-25 cm 9.55 11.69100-200 g/pc 8.00 9.79 France

Squid/Encornet/Calamar Whole 2 small 6.00 7.34 Mauritania FOB Mauritania

Loligo vulgaris 3 small 5.80 7.10 for European market

4 small 4.50 5.51small 7.00 8.57medium 7.40 9.06large 7.40 9.06

Loligo forbesi Fresh - whole 300-700 g/pc 15.80 19.34 Italy CPT PortugalLoligo duvaucelli Whole block 4.19 5.15 Europe CIF India

Whole cleaned, < 5 3.42 4.20 Germany CFR< 10 4.56 5.6011-20 4.32 5.3021-40 3.18 3.90

Squid/Encornet/Calamar < 3 3.79 4.65 ChinaLoligo chinensis 3-6 3.10 3.80

6-10 2.69 3.3010-15 2.36 2.9015-20 2.04 2.50

Dosidicus gigas Raw fillet 2-4 kg/pc 0.81 0.99 Europe CFR Chile1.38 1.70 Peru

Raw tentacle 1-2, 2-3 kg/pc 0.81 0.99 Chile< 1, 1-2 1.30 1.60 Peru> 2 1.34 1.65

Raw wings 0.49 0.60 Chilewhole without cartilage 1.02 1.25 PeruNecks 0.53 0.65 Chileopen with cartilage 1.30 1.60 PeruDarum membraneless 4.89 6.00Boiled wings - skin-on 1.87 2.30

CEPHALOPODS (cont.) January 2018

14

Fish Species Product Form Grading OriginTrade Name EUR USD & Area

ReferencePrice per kgAs stated

Squid rings - thawed 4.35 5.32 + Italy CPTSquid stripes - thawed 2.75 3.37 +Squid tentacles 3.35 4.10 +

Octopus/Poulpe/Pulpo Whole- FAS T3 12.20 14.93 MoroccoOctopus vulgaris T5 11.09 13.57

Whole, cleaned, thawed 12.47 15.26 +Whole, thawed T6 10.30 12.61 =

T5 11.30 13.83 =Whole, bloc T6 8.44 10.33 FOB

8.90 10.89 CIFT7 8.20 10.04

7.71 9.44 FOBFresh T1 11.00 13.46 = CPT Italy

T5 8.88 10.87 FCA PortugalT6 8.42 10.31T4 8.88 10.87 Spain

Whole - FAS T1 14.25 17.44 = Morocco FOB, MoroccoT2 13.25 16.22 = for Spanish marketT3 12.25 14.99 =T4 11.25 13.77 =T5 10.50 12.85 =

Sushi slice 7 g/pc 13.68 16.80 - Europe CFR Indonesia100% net weight 9 g 13.68 16.80 -boiled cut 8.51 10.45 +100% net weightFlower type 1-2 kg/pc 4.81 5.90 +90% net weight >2 5.29 6.50 +Frozen in land, pots and T3 11.57 14.20 Mauritania FOB Mauritaniaglaciers, 1° and 2° T4 10.75 13.20

T5 9.86 12.10T6 8.41 10.33T7 8.15 10.01T8 7.73 9.49

FAS T3 11.40 14.00T4 10.59 13.00T5 9.69 11.90T6 8.25 10.13T7 7.99 9.81T8 7.56 9.29

Octopus/Poulpe/Pulpo Fresh 3.75 4.59 + Italy CPT CroatiaEledone moschata 3.45 4.22 FCA France

4.20 5.14 CPT Italy4.18 5.12 + FCA Spain

extra 12.20 14.93 + Croatiasmall 7.30 8.93 -medium 4.23 5.18 +

Frozen 80-120 g/pc 5.20 5.68 + EXW Tunisia50-80 5.86 5.90 +< 50 5.85 6.07 +

Fresh 8.50 10.40 = France, wholesale EuropeFrozen 7.50 9.18 =

CEPHALOPODS (cont.) January 2018

15

Fish Species Product Form Grading OriginTrade Name EUR USD & Area

ReferencePrice per kgAs stated

Cuttlefish/Seiche/ Whole, cleaned, IQF < 10 pc/kg 5.29 6.50 Germany CFR IndiaSepia 20% glaze 11-20 5.29 6.50Sepia spp. Fresh - whole 300-500 g/pc 4.92 6.02 Italy CPT France/UK

200-300 4.05 4.96500-1000 5.53 6.77 +

Fresh - whole, superior 300-500 g/pc 6.97 8.53500-1000 7.00 8.57

Frozen- whole 50-100 g/pc 4.12 5.06 CFR Yemen100-200 4.01 4.92 -200-300 4.01 4.92 -300-500 4.01 4.92 -400-600 4.01 4.92 -600- 1000 4.01 4.92 -500-1000 4.19 5.151000- 2000 4.01 4.92 -

Frozen at land- whole block 100-200 g/pc 3.67 4.50 * Vietnam CIF200-300 4.40 5.40 *>300 4.56 5.60 *

FAS- whole block 200-300 g/pc 4.77 5.85 *300-500 4.77 5.85 *500-1000 4.77 5.85 *1000- 2000 4.77 5.85 *

Frozen- whole 200- 300 g/pc 4.56 5.60 Europe CIF300- 500 4.61 5.66500- 1000 4.61 5.66300-500 g/pc 5.03 6.16 Italy CIF Oman500-1000 5.03 6.161000-2000 5.03 6.16

IQF, cleaned, 20% glaze 100-200 g/pc 7.72 9.45 FOB Morocco200-300 7.00 8.57300-400 7.72 9.45400-600 7.00 8.57600-800 7.00 8.57

Frozen, whole block < 10 pc/kg 4.64 5.70 Europe India11-20 4.36 5.35

5.09 6.25 CIFFrozen, whole block, cleaned 6.08 7.47Whole, cleaned, 5*4 kg block 5-7 pc/kg 6.35 7.80 = CFR10% glaze 8-12 5.09 6.25 =

13-20 4.44 5.45 =Whole, cleaned, 10kg pack 5-7 pc/kg 5.50 6.75 +25% glaze, IQF 8-12 4.81 5.90 -Fresh- whole, cleaned 13.50 16.52 = France wholesale France

13.50 16.52 = EuropeFrozen, whole 3.20 3.92 =Frozen, slices 9.00 11.02 =

CEPHALOPODS (cont.) January 2018

16

Fish Species Product Form Grading OriginTrade Name EUR USD & Area

ReferencePrice per kgAs stated

Whiteleg shrimp/ PD, chemical treatment 31-40 pc/lb 8.39 10.30 = Europe CFR IndonesiaCrevette pattes 100% net weight 41-50 7.94 9.75 +blanches/Camarón treated with non-phosphate 51-60 7.58 9.30 =patiblanco 61-70 7.25 8.90 =Penaeus vannamei 71-90 7.00 8.60 =

91-120 6.68 8.20 =PUDT, 6*2 block, 51-60 pc/kg 7.17 8.80 = India100% net weight 61- 70 6.92 8.50 =

71- 90 6.68 8.20 =PD, 6*2 block, 31-40 pc/lb 7.58 9.30 -100% net weight 41-50 6.92 8.50 -

51- 60 8.31 10.2061- 70 7.66 9.40

PD, IQF 20 % glaze, treated 26 – 30 pc/ lb 9.37 11.50 Germany CFR31 – 40 8.96 11.0041 – 50 8.06 9.9051 – 60 7.62 9.3561 - 70 7.25 8.90

PD, cooked, IQF, 20 % glaze 60 – 80 pc/ lb 6.03 7.40 VietnamWhiteleg shrimp/ Head-on, Shell-on 30-40 pc/kg 9.10 8.75 South/Central Central AmericaCrevette pattes 40-50 5.78 7.10 America CIFblanches/Camarón 50-60 7.20 6.35 for European mainpatiblanco 60-70 6.80 6.10 portsPenaeus vannamei 70-80 6.30 5.85

80-100 4.64 5.70> 100 3.99 4.90

Giant river prawn/ HLSO Easy peel, <5 pc/lb 8.96 11.00 Germany CFR BangladeshBouquet géant/ IQF, 25 % glaze, 75 % net 6- 8 7.49 9.20Langostino de río weight 8- 12 6.84 8.40Macrobrachium 13- 15 6.56 8.05rosenbergiiArgentine red shrimp/ Head-on, shell-on 10-20 pc/kg 7.60 9.30 = Spain EXW ArgentinaSalicoque rouge/ 20-30 7.30 8.93 =d'Argentine/Camarón 30-40 7.20 8.81 =langostín argentino 40-60 7.20 8.81 =Pleoticus muelleri 10-20 pc/kg 5.07 6.22 * Europe CIF

20-30 5.14 6.31 *21-25 5.09 6.25 -31-40 5.01 6.15 -

Headless, IQF 35-55 pc/kg 6.52 8.00 *Tails 25-55 pc/kg 6.72 8.25 *

5.08 6.24Brown shrimp/ HLSO 7-12 pc/lb 21.19 26.01 * EcuadorCrevette grise du Sud/ Camarón café sureñoPenaeus subtilis Scarlet shrimp/ Head-on, shell-on 8-12 pc/lb 25.07 30.78 SurinameGambon écarlate/ 30-40 14.12 17.34Gamba carabinero

Plesiopenaeus edwardsianus

CRUSTACEANS January 2018

17

Fish Species Product Form Grading OriginTrade Name EUR USD & Area

ReferencePrice per kgAs stated

Black tiger/Crevette Headless 8-12 pc/lb 10.83 13.30 Russian Fed. CFR Bangladeshtigrée/Camarón tigre 30% glaze, IQF 13-15 8.80 10.80 =Penaeus monodon 16-20 8.67 10.65 =

21-25 8.59 10.55 =26-30 8.47 10.40 =

Headless, shell-on, block 13-15 pc/kg 9.94 12.20 Europe CFR Belgiumfrozen 16-20 9.94 8.40

21-30 6.84 7.1026-30 5.78 7.5031-40 6.11 7.10

HOSO, net weight, net count 10-20 pc/kg 13.03 16.00 Indiablock frozen 20-30 8.96 11.00

Deep-water rose shrimp/ Fresh - Peeled tail Mixed 10.50 11.74 Italy CPT ItalyCrevette rose du large/ 9.38 11.48 - Croatia

Gamba de altura/ Peeled, 25% glaze, IQF 160-180 pc/kg 9.60 11.75 TunisiaParapenaeus longirostris 220-280 8.88 10.87

Farmed, organic, cooked 20-30 pc/kg 26.00 31.82 = France, wholesale Madagascar

30-40 22.00 26.93 =

40-50 16.50 20.19 =

Farmed, cooked 40-50 15.50 18.97 =

Fresh, organic, shell-on 32-34 pc/kg 28.00 34.27 =

Northern prawn/ Fresh 90-120 24.85 30.41 + Spain CIF Denmark

Crevette nordique/ 100-200 33.10 40.51 -

Camarón norteño 150-250 16.50 20.19 -

Pandalus borealis

Common shrimp/ Fresh, shell-on 44.70 54.71 Netherlands

Crevette grise/Quisquilla

Crangon crangon Head-on, shell-on 11.70 14.32

Fresh, shell-on 42-49 pc/kg 13.00 15.91 = France, wholesale Europe/

Frozen, cooked, wild 16.00 19.58 = Northern Europe

Norway lobster/ Fresh - Whole 5-16 pc/kg 25.00 30.60 = FranceLangoustine/Cigala 16-20 22.00 26.93 =Nephrops norvegicus 20-30 16.00 19.58 -

30-40 14.50 17.75 =Frozen- Whole, cooked 20-40 20.00 24.48 = EuropeFresh - Whole, raw, bulk 18.93 23.17 - RetailFresh - Whole, cooked bulk 25.18 30.82 +Fresh - Whole 3-5 pc/kg na Spain DDP Netherlands

4X1.5 kg 4-7 19.50 30.276-9 21.31 26.068-12 19.35 20.5911-15 14.50 22.6616-20 16.25 19.8920-30 12.40 15.18

CRUSTACEANS (cont.) January 2018

18

Fish Species Product Form Grading OriginTrade Name EUR USD & Area

ReferencePrice per kgAs stated

Norway lobster/ Fresh - Whole, 4X1.5 kg 31-40 10.50 12.85 Spain DDP NetherlandsLangoustine/Cigala 41-50 8.52 10.43Nephrops norvegicus Tails 40-60 13.35 16.34

Whole 00 pc/kg 17.20 21.05 = Spain CIF Scotland0 14.40 17.62 +1 12.70 15.54 =2 9.90 12.12 =

Fresh - whole 3 pc/kg 8.90 10.89 =4 6.70 8.20 =5 6.10 7.47 =5-9 pc/kg 21.00 25.70 Netherlands11-15 14.45 17.6916-20 11.45 14.0120-30 8.64 10.5731-40 6.17 7.5541-50 5.81 7.11

Fresh - whole, head 6-9 pc/kg 25.19 30.83 + Italy CPT Denmark/11-15 17.17 21.01 + UK16-20 12.06 14.76 +21-30 7.91 9.6831-40 7.40 9.06 +41-50 5.53 6.77 +

European lobster/ Live - bulk 400-600 g/pc 32.00 39.17 = France delivered IrelandHomard européen/ 600-800 32.00 39.17 = to French vivierBogavante Fresh - whole Large 27.50 33.66 Italy CPT UKHomarus gammarus small 29.49 36.09

400-600 g/pc 31.99 39.15 +600-800 31.99 39.15 +800-1000 25.69 31.44> 1kg 32.50 39.78 +

American lobster/ Live hard shell 14.71 18.00 + CanadaHomard américain/ > 3000g 15.30 18.73 +Bogavante americano Live hard shell 450-550 g 14.79 18.10 + USAHomarus americanus Live soft shell 11.54 14.12 +

Popsicle < 450 g/pc CAN 23.00 20.92 17.03 Canada FOB Canada(canner size) for European mkt> 450 CAN 26.00 20.92 17.03(market size)

Whole cooked netted lobster canners CAN 18.00 14.49 11.79 Europe CIFmarket CAN 25.00 20.12 16.38

Live 9.88 12.13 *Caribbean spiny lobster/ Tails 5-6 oz 27.83 34.17 Europe CIF NicaraguaLangouste blanche/ 7-9 oz 27.38 33.62

Langosta común del Caribe 10-24 oz 25.59 31.42

Panulirus argus Whole, raw 13.85 17.00Cooked 15.48 19.00

Scalloped spiny lobster/ Whole 100-200g 10.59 13.00 + Taiwan CIF Yemen

Langouste festonnée/ 200-300 13.03 16.00 +Langosta festoneada > 300 14.66 18.00 +Panulirus homarus

CRUSTACEANS (cont.) January 2018

19

Fish Species Product Form Grading OriginTrade Name EUR USD & Area

ReferencePrice per kgAs stated

Edible crab/Tourteau/ Live, bulk T2 (13-16 cm) 4.85 5.94 + France Auction FranceBuey de mar 500-700g 6.80 8.32 *Cancer pagurus > 1kg 7.20 8.81 *Spinous spider crab/ Fresh - female 5.30 6.49 Italy CPT UKAraignée européenne/ male 4.50 5.51Centolla europea/ female 4.86 5.95 + FranceMaja squinado male 4.40 5.39 +

Fresh-female small 3.68 4.50male small 3.75 4.59

Snow crab/ crabe des Frozen- meat 13.85 17.00 Europe CIF Chileneiges/ Cangrejo de las

Chionoecetes opilio

Oyster/Huître/Ostra Live No. 3 4.60 5.63 = France prod. Price/ Ireland/FranceCrassostrea gigas average export price

60-100 g/pc 17.50 21.42 Spain CIF NetherlandsItaly

Ostrea edulis 95-110 g/pc 17.65 21.60 Netherlands>130 14.62 17.89

Mussel/Moule/Mejillón Live - Bottom mussel Bulk 2.10 2.57 = France wholesale FranceMytilus edulis 1.80 2.20 = NetherlandsMytilus galloprovincialis Live - Rope 60-80 pc/kg 2.00 2.45 = Spain

Fresh 20-25 pc/kg Spanish market25-30 EXW30-4040-70

Fresh - whole 1.92 2.35 = Italy CPT Italy1.40 1.71 + FCA Spain

Mussel/Moule/Mejillón Fresh - whole 1.40 1.71 + Italy CPT SpainMytilus galloprovincialis skin-packed 2.15 2.63 = FCA

2.15 2.63 CPTMytilus chilensis IQF - shell-off, 7% glaze 200-300 pc/kg 2.90 3.55 = CIF Chile

Cooked mussel meat IQF 100-200 pc/kg 2.73 3.35 France CIF200-300 2.44 3.00300-500 2.20 2.70

Mussel/Moule/Mejillón IQF mussel meat 2.38 2.92 - Europe CFR Chile

Mytilus chilensis Whole, Vacuum Packed with Sauces 2.58 3.17 +

Vacuum Packed without Sauces 1.82 2.23 -IQF Half Shell Mussels 3.24 3.98 -

Razor shell/Couteau/ Fresh S 7.50 9.18 = Spain CIF IrelandNavajas - Solenidae M 8.60 10.53 =

L 10.25 12.55Live 10-12 cm/pc 3.80 4.65 = Netherlands

Scallops 10-20 15.56 19.10 Europe CIF US20-30 14.19 17.42

January 2018

BIVALVES

CRUSTACEANS (cont.)

January 2018

no quotation

20

Fish Species Product Form Grading OriginTrade Name EUR USD & Area

ReferencePrice per kgAs stated

Great atlantic scalop/ Fresh whole shell, roe-on 5.20 6.36 + France wholesale FranceCoquille-St- Jacques/ Fresh whole shell, roe-off 4.40 5.39Vieira Fresh, meat, roe-on 34.00 41.61 +Pecten maximus Frozen, meat, roe-on 23.50 28.76 + Europe

Frozen, meat, roe-off 21.50 26.31 =

Fresh, whole shell, bulk, roe-on 41.62 50.94 + Retail

Fresh, whole shell, bulk, roe-off 7.07 8.65 -

Lyrate hard clam/ 1.26 1.55 Vietnamcythérée lyre Cooked 1.26 1.55 Europe CIFMeretrix lyrata IQF 1.26 1.55 *Asiatic hard clam/ 40-80 1.95 2.39 * ThailandCythérée communeMeretrix MeretrixHard clam/ Praire 10.00 12.24 = France wholesale FranceChirla mercenariaMercenaria mercenariaJapanese carpet shell Large 11.00 13.46 =Palourde japonaise/almeja japonesaVenerupis philippinarum

Atlantic salmon/ Fresh - gutted, head-on 2-3 kg/pc 6.50 7.96 - France wholesale Norway

Saumon de l'Atlantique/ 3-4 6.80 8.32 -

Salmón del Atlántico 4-5 7.20 8.81 -Salmo salar 5-6 7.20 8.81 -

6-7 7.50 9.18 -2-3 kg/pc 6.50 7.96 - Scotland

Superior quality 10.70 13.10 +Smoked- Fillet, vaccuum 1-2 kg/pc 25.50 31.21 = reconstituted sidesFresh- Fillet 3-4 kg/pc 12.50 15.30 - NorwaySmoked- Fillet, vaccuum 1-2 kg/pc 23.50 28.76 = reconstituted sidesFresh - gutted, head-on, 2-3 kg/pc 11.35 13.89 Spain CIF ScotlandSuperior quality 3-4 11.35 13.89 =

4-5 11.35 13.89 =5-6 11.35 13.89 =6-7 11.35 13.89 =

Fresh - gutted, head-on 1-2 kg/pc NOK 39.34 4.07 4.99 + Norway FOB Norway2-3 NOK 46.70 4.83 5.93 +3-4 NOK 54.25 5.61 6.89 +4-5 NOK 56.11 5.80 7.12 +5-6 NOK 58.00 6.00 7.36 +6-7 NOK 61.42 6.35 7.80 +7-8 NOK 62.71 6.48 7.96 +8-9 NOK 62.95 6.51 7.99 +> 9 NOK 61.30 6.34 7.78 +

SALMON

BIVALVES (cont.)

January 2018

January 2018

21

Fish Species Product Form Grading OriginTrade Name EUR USD & Area

ReferencePrice per kgAs stated

Fresh 3-4 kg/pc 6.90 8.44 Spain CFRgutted, head-on 4-5 kg/pc 5.85 7.16 Tunisia CFR

5-6 7.85 9.61IQF - salmon slices 9.73 11.91 Europe CFR NorwayFresh - salmon cubes 8x8x8 9.73 11.91

Atlantic salmon/ Fresh - Whole - Superior 2-3 kg/pc 4.61 5.64 Italy DDP NorwaySaumon de l'Atlantique/ 3-4 4.85 5.94Salmón del Atlántico 4-5 5.07 6.21Salmo salar 5-6 5.16 6.32

6-7 5.08 6.227-8 5.07 6.218-9 5.21 6.389-10 5.18 6.34

Fresh- Whole 3-4 4.68 5.734-5 4.84 5.925-6 4.99 6.11

Fillet, cooked 5.09 6.23 = FCA ItalyIQF portion, 10% glazing 100-150 g/pc 9.10 11.14 - DenmarkHead-on, gutted, grade 1 6-7 kg/pc 5.08 6.22 Denmark DDP ChileFillet, interleaved 1-2 lb/pc 4.87 5.96

2-4 4.17 5.10Fillet, VAC 1-2 lb/pc 6.10 7.47

3-4 6.15 7.53Fillet, IQF 2-3 lb/pc 6.15 7.53

4-5 6.88 8.42Bits and pieces 6.19 7.60 Europe CIFscapped meat 4.48 5.50

Pink salmon/ saumon rose/ green roe- Premium grade 26.49 32.52 + USASalmón rosado green roe- Standard grade 11.67 14.33Oncorhynchus gorbuscha

Trout/Truite/Trucha Whole, gutted, fresh on ice 0.25-0.4 kg/pc HUF 1367 4.43 5.41 + Hungary ex-farm HungarySalmo trutta Fillet - farmed 200-400 g/pc 9.10 11.14 Italy ex-farm Italy

Fresh - farmed 500-700 g/pc 3.70 4.53Rainbow trout/ Fresh 300-400 g/pc 4.00 4.90 =Truite arc-en-ciel/ Gutted 150-300 g/pc 4.70 5.75 -Trucha arco iris 300-500 g/pc 5.00 6.12 +Oncorhynchus mykiss Fresh- whole 5.20 6.36 = France wholesale France

Fillet 6.80 8.32 =Fillet, smoked 17.00 20.81 =Whole, gutted, bulk 11.67 14.28 + Retail

TROUT

SALMON (cont.)

January 2018

January 2018

22

Fish Species Product Form Grading OriginTrade Name EUR USD & Area

ReferencePrice per kgAs stated

Carp/Carpe/Carpa Live 1.2-5 kg/pc HUF 630 2.04 2.50 = Hungary HungaryCyprinus spp. Fresh, whole, gutted, head-off 0.7-4.5 kg/pc HUF 1051 3.40 4.16 - ex farm

Fresh on ice - slices HUF 1100 3.56 4.36 - EXWFresh on ice - fillets HUF 1402 4.54 5.55 -

Crucian Carp/Carassin Live 0.45-0.9 kg/pc HUF 392 1.27 1.55CarpínCarassius carassiusGrass Carp/ Carpe Live 0.8-3 kg/pc HUF 701 2.27 2.78chinoise/Carpa China Fresh, whole, gutted, head-off HUF 1093 3.54 4.33Ctenopharyngodon idellusBighead carp/Carpe à Fresh gutted, head-off 0.7-5.0 kg/pc HUF 799 2.59 3.16 +grosse tête/Carpa Fresh on ice - slices HUF 1246 4.03 4.94capezona Fresh on ice - fillets HUF 1362 4.41 5.40Aristichthys nobilis Live 1-5.5 kg/pc HUF 420 1.36 1.66Nile perch/Perche du Fillet - skinless 300-500 g/pc 4.48 5.50 EU CFR UgandaNil/Perca del Nilo Interleaved, 100% net weight 500-1000 5.25 6.45Lates niloticus Fresh whole 200-400 g/pc 4.01 4.91 - Italy FCA

yellow 200-400 g/pc 3.92 4.80 -red 200-400 g/pc 3.80 4.65 - Tanzaniagreen 200-400 g/pc 3.80 4.65 -Fresh fillet 200-400 g/pc 5.15 6.30

400-700 3.88 4.75Fillet - skinless, PBI, IWP 500-1000 g/pc 5.25 6.45 Spain CFR

Pike perch/Sandre/ - Fillet - skin-on- Wild HUF 3858 12.49 15.28 Hungary EXW PolandLucioperca Fresh on ice- whole, gutted, 0.27-0.85 kg/pc HUF 2423 7.84 9.60 HungarySander lucioperca head-onNile Tilapia/Tilapia du Fillet - skinless, IQF, PBO 5-7 oz/pc 3.85 4.00 Spain CFR ChinaNil/Tilapia del Nilo non-treated, 10% glazeOreochromis niloticusNorth African catfish/ Fresh - fillets skinless HUF 1886 6.11 7.47 Hungary HungaryPoisson chat nord- Fresh - fillets skin-on HUF 1566 5.07 6.20 ex farmafricaine/ pez gato Fresh, whole, gutted, head-off 0.6-1.5 kg/pc HUF 1262 4.09 5.00Clarias gariepinusEuropean catfish/ Live 0.8- 4 kg/pc HUF 1682 5.45 6.66 Hungary HungarySilure glane/Siluro 2.5-8 HUF 1928 6.24 7.64 *Silurus glanis Fresh on ice - slices HUF 2408 7.80 9.54 ex farm

Fresh on ice - fillets HUF 1606 5.20 6.36Striped catfish/Silure Fillet, thawed 3.25 3.98 = Italy CIF Vietnamrequin/Tiburón pangasio Fillet, IQF, white - 20% glaze 120-170 g/pc 2.02 2.47 CPTPangasius hypophthalmus 170-220 2.02 2.47

Fillet, IQF, white - 5% glaze 3.09 3.78Fillet, IQF, white - 20% glaze 120-170-220 1.79 2.20 Spain CFRFillet, 100% net weight, IQF g/pc 2.04 2.50Fillet, 100% net weight, interlvd 2.00 2.45

FRESHWATER FISH January 2018

23

Fish Species Product Form Grading OriginTrade Name EUR USD & Area

ReferencePrice per kgAs stated

Sturgeon/Sturgeon/ Frozen - Whole 1.5-2 kg/pc 5.00 6.12 = France CIF FranceEsturione Gutted 5-7 kg/pc 6.50 7.96 =Acipenseridae Fillets 200-300 g/pc 11.50 14.07 =

800-1000 11.50 14.07 =A.baeri Caviar (Aquitaine) metal boxes 9.50 11.63 =

Ribbonfish 300-1500 g/pc 2.50 3.06 Europe CFR SenegalTrichiurus lepturus Whole, IWP 100-200 g/pc 2.85 3.50 Taiwan CIF Yemen

200-300 2.85 3.50300-500 2.85 3.50500-700 2.85 3.50700-1000 2.85 3.50

European eel/ Smoked Medium 38.00 46.51 = France wholesale EuropeAnguille d'Europe/Anguila europeaAnguilla anguillaSpinycheek Grouper/ 1-2 kg/pc 6.77 8.29 * Italy CPT OmanMérou Épineux/Mero Espinudo

Epinephelus diacanthus Dusky grouper H&G 3-5 kg/pc 4.77 5.85 + Europe CIF Yemen

Mérou noir/Mero moreno > 5 3.62 4.45Epinephelus marginatus IWP, gutted > 3 kg/pc 3.95 4.85 *White grouper/ Whole, gutted 3-5 kg/pc 3.42 4.20 =Merou blanc/Cherna de ley 5-10 3.42 4.20 +Epinephelus aeneus > 10 3.42 4.20 +

1- 2 kg/pc 8.89 10.91 * Italy FCA Mauritania2- 4 9.77 12.00 *4- 7 10.30 12.64 *7- 10 10.17 12.48 *

Crimson jobfish Whole, gutted 2- 3 kg/pc 2.81 3.45 + Europe CIF YemenColas fil/Panchito hebra. 3- 5 2.81 3.45 +Pristipomoides filamentosus 5- 10 2.81 3.45 +Spangled emperor/ Whole, gutted 1- 2 kg/pc 2.81 3.45 +Empereur moris/ 2-3 2.81 3.45 *Emperador relámpago 3-5 2.81 3.45 *Lethrinus nebulosusCommon dolphinfish (Mahi Whole, gutted 2-3 kg/pc 2.48 3.05Mahi)/Coryphène 3- 5 2.48 3.05 commune/ Lampuga 5- 10 2.48 3.05Coryphaena hippurus

January 2018 NON-TRADITIONAL SPECIES

24

Fish Species Product Form Grading OriginTrade Name EUR USD & Area

ReferencePrice per kgAs stated

Seabass/Bar, Fresh - whole 200-300 g/pc 3.80 4.65 = Greece FOB GreeceLoup/Lubina farmed 300-450 4.20 5.14 -Dicentrarchus labrax 450-600 4.50 5.51 -

600-800 5.80 7.10 -800-1000 7.50 9.18 => 1000 9.50 11.63 =200-300 g/pc 4.00 4.90 = Italy CIF300-450 4.40 5.39 -450-600 4.70 5.75 -600-800 6.00 7.34 -800-1000 7.70 9.42 => 1000 9.70 11.87 =

Fresh - whole 200-300 g/pc 4.05 4.96 = France CIF Greecefarmed 300-450 4.45 5.45 -

450-600 4.75 5.81 -600-800 6.05 7.40 -800-1000 7.75 9.49 => 1000 9.75 11.93 =200-300 g/pc 4.04 4.94 = Spain CIF300-450 4.44 5.43 -450-600 4.74 5.80 -600-800 6.04 7.39 -800-1000 7.74 9.47 => 1000 9.74 11.92 =

Seabass/Bar, Fresh - whole 200-300 g/pc 4.07 4.98 = Germany CIF GreeceLoup/Lubina farmed 300-450 4.47 5.47 -Dicentrarchus labrax 450-600 4.77 5.84 -

600-800 6.07 7.43 -800-1000 7.77 9.51 => 1000 9.77 11.96 =200-300 g/pc 4.05 4.96 = Portugal CIF300-450 4.45 5.45 -450-600 4.75 5.81 -600-800 6.05 7.40 -800-1000 7.75 9.49 => 1000 9.75 11.93 =200-300 g/pc 4.23 5.18 = UK CIF300-450 4.63 5.67 -450-600 4.93 6.03 -600-800 6.23 7.62 -800-1000 7.93 9.71 => 1000 9.93 12.15 =200-300 g/pc 3.72 4.55 + Italy FCA300-450 4.25 5.20 -450-600 4.64 5.68 +

SEABASS/SEABREAM/MEAGRE January 2018

25

Fish Species Product Form Grading OriginTrade Name EUR USD & Area

ReferencePrice per kgAs stated

600-800 5.98 7.32 +800-1000 7.77 9.51 -1000-1500 9.34 11.43 +1500- 2000 10.86 13.29 +> 2000 13.71 16.78 +200-300 g/pc 4.50 5.51 Spain CIF Canary Island300-400 4.50 5.51 (Spain)400-600 5.00 6.12 -600-800 5.30 6.49 -800-1000 6.50 7.96 -1000-1500 7.60 9.30 -1500-20000 20.00 24.481000-2000 g/pc 10.80 13.22 France2000-3000 11.80 14.443000-4000 14.30 17.50

Fresh - whole - wild 1000-2000 g/pc na Italy FCA MoroccoAtlantic > 2000 na

> 3000 naFresh - whole - wild 600-800 11.00 13.46 = Italy CPT EgyptMediterranean 800-1000 11.00 13.46 =

1000-2000 11.00 13.46 => 2000 11.00 13.46 =

Farmed - Orbetello Large 10.70 13.10 = FCA ItalyMedium 9.70 11.87 =Small 7.60 9.30

Gilthead seabream/ Fresh - whole 200-300 g/pc 3.80 4.65 + Greece FOB GreeceDorade royale/Dorada farmed 300-450 4.00 4.90 =Sparus aurata 450-600 4.10 5.02 =

600-800 5.80 7.10 -800-1000 8.00 9.79 => 1000 10.00 12.24 +200-300 g/pc 4.00 4.90 + Italy CIF300-450 4.20 5.14 =450-600 4.30 5.26 =600-800 6.00 7.34 -800-1000 8.20 10.04 => 1000 10.20 12.48 +200-300 g/pc 4.05 4.96 + France CIF300-450 4.25 5.20 =450-600 4.35 5.32 =600-800 6.05 7.40 -800-1000 8.25 10.10 => 1000 10.25 12.55 +

SEABASS/SEABREAM/MEAGRE (cont.) January 2018

26

Fish Species Product Form Grading OriginTrade Name EUR USD & Area

ReferencePrice per kgAs stated

200-300 g/pc 4.04 4.94 + Spain CIF300-450 4.24 5.19 =450-600 4.34 5.31 =600-800 6.04 7.39 -800-1000 8.24 10.09 => 1000 10.24 12.53 +200-300 g/pc 4.07 4.98 + Germany CIF300-450 4.27 5.23 =450-600 4.37 5.35 =600-800 6.07 7.43 -800-1000 8.27 10.12 => 1000 10.27 12.57 +

Gilthead seabream/ Fresh - whole 200-300 g/pc 4.05 4.96 + Portugal CIF GreeceDorade royale/Dorada farmed 300-450 4.25 5.20 =Sparus aurata 450-600 4.35 5.32 =

600-800 6.05 7.40 -800-1000 8.25 10.10 => 1000 10.25 12.55 +200-300 g/pc 4.23 5.18 + UK CIF300-450 4.43 5.42 =450-600 4.53 5.54 =600-800 6.23 7.62 -800-1000 8.43 10.32 => 1000 10.43 12.77 +

wild 600-800 g/pc 18.29 22.39 + Italy FCA Morocco800-1000 17.68 21.64 +1000-2000 20.25 24.78 +> 2000 18.73 22.92 +

farmed 200-300 g/pc 3.78 4.63 + Greece300-400 3.66 4.48 -400-600 3.75 4.59 -

wild 400-600 g/pc 11.50 14.07 = CPT Egypt600-800 11.50 14.07 -800-1000 11.50 14.07 -1000-2000 11.50 14.07 -

Pagrus pagrus 600-800 g/pc 11.00 13.46 Tunisia800-1000 12.50 15.30 + DAP

Diplodus sargus 8.50 10.40 CPT Senegalfarmed 300-500 g/pc 9.75 11.93 Portugalfarmed Orbetello Large 10.70 13.10 FCA Italy

Medium 9.70 11.87Small 7.60 9.30500-700 g/pc 10.98 13.44 * Morocco700-1000 10.98 13.44 *1000-2000 10.75 13.16 *

Japanese threadfin bream/ Whole 100-200 g/pc 1.71 2.10 - Vietnam CIF Yemen

Cohana japonaise/ 200- 300 2.00 2.45 =Baga japonesa 300- 500 2.04 2.50 +Nemipterus japonicus

SEABASS/SEABREAM/MEAGRE (cont.) January 2018

27

Fish Species Product Form Grading OriginTrade Name EUR USD & Area

ReferencePrice per kgAs stated

Santer seabream/ 500-1000 g/pc 6.35 7.77 * Italy CPT OmanDenté nufar/Dentón nufar 1000-2000 6.35 7.77 *Cheimerius nufarMeagre/Maigre Fresh - Whole 500-1000 g/pc 5.00 6.12 Italy FCA Greececommun/Corvina farmed 1000-2000 6.40 7.83 +Argyrosomus regius > 2000 6.74 8.25 +

> 3000 7.56 9.25 +> 2000 g/pc 7.57 9.27 + CIF

wild 600-800 g/pc 12.00 14.69 CPT Egypt800-1000 7.00 8.57 =1000-2000 7.00 8.57 =2000-4000 7.00 8.57 =

Fresh- whole, wild > 1000 g/pc 7.50 9.18 France wholesale France

SEABASS/SEABREAM/MEAGRE (cont.) January 2018

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.

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

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

US$ EUR Canada CAD 1.24 1.53 Hungary HUF 252.45 308.90 Norway NOK 7.88 9.67 USA USD 1.23 EU EUR 0.82 Denmark DKK 6.09 7.45 Russia RUR 56.43 69.28

Exchange Rates: 16.1.2018

10

Food and Agriculture Organization of the United Nations Fisheries and Aquaculture Policy and Economics Division Products, Trade and Marketing Branch Viale delle Terme di Caracalla 00153 Rome, Italy Tel +39 06 5705 2884 Fax +39 06 5705 3020 www.fao.org/in-action/globefish