The November issue of the EUMOFA’s Monthly Highlights analyses prices for species such as Atlantic salmon from Norway, frozen fillets of Alaska pollock from China and frozen tropical shrimp (genus Penaeus) from Ecuador. Salmon price in week 39 (4,75€/kg) was down by six percent from the preceding four-week average (5,07€/kg) and down by 22% from the prevailing price a year earlier (6,08€/kg).

The importance of free trade agreements (FTAs) for Europe fisheries and aquaculture products was also assessed. In addition to the several established trade agreements, the EU has opened talks with a number of potential FTA partners. These agreements could change the market dynamics of fishery and aquaculture products, both for the EU and from a global perspective. EU agreements have given both producers and consumers a better foundation for accessing new markets and products. The implementation of trade agreements with partners which already hold a solid position in the EU market will give, in theory, incentives to increase their involvement, either as suppliers of raw material or as competitors.

This Monthly Highlights’ issue provides main trends about consumption of fresh seafood. In August 2019, consumption of fresh fisheries and aquaculture products increased in both volume and value in most of the surveyed member states except in Ireland.

Download the November issue of EUMOFA’s Monthly Highlights here.