EUMOFA Monthly Highlights No. 8/2022 is online

This month’s issue analyses first sales of blue whiting (France, the Netherlands, Spain) and European hake (Spain, Italy, Portugal). The case studies of this month are: “Dogfish in the EU”; “Fisheries and aquaculture in Singapore”.

FIRST SALES IN EUROPE. In May 2022, compared to May 2021, First sales of both volume and value increased in Estonia, France, Portugal, Spain, and the United Kingdom. The most recent weekly (up to week 38 of 2022) and monthly (July 2022) data for first sales in Europe can be accessed on the EUMOFA website.

FIRST SALES OF BLUE WHITING AND EUROPEAN HAKE. From June 2019 to May 2022, the weighted average first-sales price of blue whiting in France was 2,17 EUR/kg, 191% higher than in the Netherlands (0,75 EUR/kg), and 147% greater than in Spain (0,88 EUR/kg). In the same period, the weighted average first-sales price of European hake was the highest in Italy at 5,48 EUR/kg. That price was 66% higher than the price in France (3,31 EUR/kg), and 29% higher over the weighted average price in Spain (4,26 EUR/kg).

EXTRA-EU IMPORTS. In 2022, price of frozen fillets of cod from China has exhibited an upward trend. At the same time, volume showed a downward trend. Price ranged from 4,31 to 6,59 EUR/kg, and volume from 21 to 368 tonnes.

CONSUMPTION. Over the past three years, the average household consumption of fresh fisheries and aquaculture products in May in both volume and value has been below the annual average in most of the Member States analysed apart from Denmark and Portugal where it was above the average The most recent weekly consumption data (up to week 37 of 2022) can be accessed on the EUMOFA website.

DOGFISH IN THE EU. In 2021, intra-EU exports amounted to 2.419 tonnes of dogfish products for a value of EUR 7,7 million . The intra-EU trade was dominated by fresh products, which accounted for 71% of the trade value.

FISHERIES AND AQUACULTURE IN SINGAPORE. In 2021, the EU exported 4.121 tonnes of FAPs to Singapore for EUR 29,2 million. This was a 28% decrease in volume compared to 2020, however, value increased marginally by 0,2%.

GLOBAL HIGHLIGHTS. The EU and Norway concluded fisheries consultations that will modernise the exchange of fisheries data for control purposes. They agreed to use a common software platform for data exchanges, the FLUX Transportation Layer, developed by the European Commission.

MACROECONOMIC CONTEXT. Average prices for marine fuel in August 2022 ranged between 0,96 and 1,14 EUR/litre in ports in France, Italy, Spain, and the UK. Prices decreased by an average of about 3,9% compared with the previous month but increased by an average of 119,7% compared with the same month in 2021.

Monthly Highlights 8/2022 is available in English, French and Spanish.