EUMOFA Monthly Highlights No. 9/2022 is online

This month’s issue analyses first sales of Atlantic salmon (Latvia, Lithuania, Portugal) and sea trout (France, Lithuania, Portugal). The case studies of this month are: “Monks in the EU”; “Summary of the oyster price structure analysis”.

FIRST SALES OF ATLANTIC SALMON AND SEA TROUT. From August 2019 to July 2022, the average price of Atlantic salmon in Portugal was 16,24 EUR/kg, 187% higher than in Lithuania (5,66 EUR/kg), and 232% greater than in Latvia (4.89 EUR/kg). In the same period, the average price of sea trout in Lithuania was 7,84EUR/kg, 28% higher than in France (6,11EUR/kg) and 171% higehr than in Portugal (2,89EUR/kg).

EXTRA-EU IMPORTS. The price of frozen tilapia from China had a stable trend in 2022. At the same time, weekly volumes went down. Price ranged from 4,25 to 10,00 EUR/kg and supply from 29 to 745 tonnes.

CONSUMPTION. Over the past three years, the average household consumption of fresh fisheries and aquaculture products in July in both volume and value has been below the annual average in most of the Member States analysed, apart from Portugal where it was above average (6% and 3%).

MONKS IN THE EU. In 2021, about 17.000 tonnes of monks were exported intra-EU at a value of 122 million EUR. That same year, EU Member States imported 23.000 tonnes of monks at a value of 131 million EUR, which corresponds to a 13% increase in volume and a 14% increase in value since 2020.

SUMMARY OF THE OYSTER PRICE STRUCTURE ANALYSIS. In 2021, extra-EU imports amounted to 2.270 tonnes (product weight) at a value of EUR 7,7 million. The same year, extra-EU exports of oysters amounted to 7.455 tonnes at a value of EUR 62,1 million. In terms of intra-EU trade, France is the main EU oyster exporter, at a value of over EUR 66,5 million for 10.035 tonnes in 2021.

GLOBAL HIGHLIGHTS. In August 2022, the European Commission adopted a proposal for fishing opportunities for 2023 for the Baltic Sea. Based on the proposal, EU Member States will determine the maximum quantities of the most important commercial fish species that can be caught in the sea basin.

MACROECONOMIC CONTEXT. In September 2022, average prices of marine fuel ranged between 0,81 and 1,16 EUR/litre in ports in France, Italy, Spain, and the UK. Prices fell by an average of about 6,4% compared with the previous month and they increased by an average of 95,6% compared with the same month in 2021.

Monthly Highlights 9/2022 is available in English, French and Spanish.