EUMOFA Monthly Highlights No. 8/2024 is online

This month’s issue analyses first sales of Atlantic salmon in Finland, France and Sweden and sea trout in France, Germany and Poland. The case studies of this month are: “Fisheries and Aquaculture in Latvia” and “Emerging species in EU aquaculture”.

FIRST SALES OF ATLANTIC SALMON AND SEA TROUT. Over the 36-month observation period (August 2021 to July 2024), the weighted average first-sales price of Atlantic salmon in France was 68,95 EUR/kg, 614% higher than in Finland (9,65 EUR/kg) and 854% higher compared to Sweden (7,23 EUR/kg). During the same period, the weighted average first-sales price of sea trout in Estonia was 9,74 EUR/kg, 7% more than the price in Germany (9,12 EUR/kg) and 39% more than the price in France (7,02 EUR/kg).

EXTRA-EU IMPORTS. In 2024, the price of frozen fillets of Pacific salmon from Norway showed an increasing trend. The price ranged between 10,79 EUR/kg and 14,02 EUR/kg, and volume fluctuated strongly between 309 tonnes and 701 tonnes.

CONSUMPTION. This month we focus on cod in Ireland, Spain and Sweden. In 2024, the average monthly household consumption of fresh cod was 87 tonnes in Ireland, 3.247 tonnes in Spain and 31 tonnes in Sweden.

The most recent consumption data can be accessed here.

FISHERIES AND AQUACULTURE IN LATVIA. In 2022, Latvia imported 75.790 tonnes of fisheries and aquaculture products, valued at EUR 209 million. Compared with EUR 119 million in 2015, this represents a 175,6% increase in value (EUR 90 million increase), highlighting growing demand and higher-value imports.

EMERGING SPECIES IN EU AQUACULTURE. Aquaculture production in the EU increased by 17% from 1992 to 2022, reaching 1,12 million tonnes. Fish egg production for human consumption increased from 970 tonnes in 2013 to 1.451 tonnes in 2022. In 2022, In this case study, the focus is on a selection of emerging species: African catfish (Clarias gariepinus), sole (Solea solea and Solea senegalensis), meagre (Argyrosomus regius), kingfish (Seriola lalandi), seaweed (multiple species), red porgy (Pagrus pagrus), pike-perch (Sander lucioperca), northern pike (Esox Lucius) and warmwater shrimp.

MACROECONOMIC CONTEXT. Average prices for marine fuel in September 2024 ranged between 0,54 and 0,68 EUR/litre in ports in France, Italy, Spain and the UK. Prices decreased by an average of 5,4% compared with the previous month and decreased by an average of 27,4% compared with the same month in 2023.

Monthly Highlights 8/2024 is available for download here.

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