EUMOFA Monthly Highlights No. 5/2022 is online

This month’s issue analyses first sales of atlantic herring (Lithuania, Netherlands, Sweden) and European anchovy (France, Italy, Spain). The case studies of this month are: “EU trade in 2021”; “EU-UK trade flows”.

FIRST SALES IN EUROPE. In February 2022, compared to February 2021, first-sales value and volume of fisheries and aquaculture products increased in n Bulgaria, the Netherlands, Portugal, Spain, Norway, and the United Kingdom. The most recent weekly (up to week 22 of 2022) and monthly (February 2022) data for first sales in Europe can be accessed on the EUMOFA website.

FIRST SALES OF ATLANTIC HERRING AND EUROPEAN ANCHOVY. From March 2019 to February 2022, the weighted average first-sales price of European anchovy in Italy was 2,58 EUR/kg, 133% higher than that of France (1,11 EUR/kg), and 57% greater than that of Spain (1,64 EUR/kg). In the same period the weighted average first-sales price of Atlantic herring in the Netherlands was 0,87 EUR/kg, 223% higher than in Lithuania (0,27 EUR/kg), and 1484% greater than in Sweden (0,05 EUR/kg).

EXTRA-EU IMPORTS. In 2022, price of frozen albacore or longfinned tunas for industrial manufacture of products of 1604 from South Africa exhibited an upward trend, while volume showed a stable trend. Price ranged from 3,06 to 3,10 EUR/kg and supply from 24 to 79 tonnes.

CONSUMPTION. Over the past three years (March 2019 – February 2022), the monthly average French household consumption of whiting was 340 tonnes. French consumers spent on average 16,86 EUR for a kilogram of whiting. The most recent weekly consumption data (up to week 21 of 2022) are available on the EUMOFA website and can be accessed on the EUMOFA website.

EU TRADE IN 2021. In 2021, EU imports from third countries (extra-EU imports) increased in both volume (+0,4%) and value (+5,4%) compared with 2020, reaching 6,23 million tonnes, valued at EUR 25,82 billion.

EU-UK TRADE FLOWS. In 2021, the EU imported 368.000 tonnes of FAPs for a value of 1,507 billion EUR from the UK. Especially prominent was the increase in imports of blue whiting and salmon. In 2021, the EU exported 302.000 tonnes of FAPs for a value of 1,042 billion EUR to the UK.

GLOBAL HIGHLIGHTS. In April 2022, the Commission proposed a legislative amendment to the European Maritime and Fisheries Fund 2014-2020 which would allow for additional crisis measures to support the EU fishery and aquaculture sectors in the context of Russia’s invasion of Ukraine.

MACROECONOMIC CONTEXT. Average prices for marine fuel in April 2022 ranged between 0,95 and 0,99 EUR/litre in ports in France, Italy, Spain, and the UK. Prices increased by an average of 4% compared with the previous month and 128% compared with the same month in 2021.

Monthly Highlights 5/2022 is available in English, French and Spanish.