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Home , European flounder

Issue 1/2018 January 2018

LATEST TRENDS

Index for prices January is a rather quiet month for seafood demand in . The focus has now changed to Chinese markets due to an overall Groundfish 9 reduction in European demand in the wake of the holiday season. 10 Strong demand from China in expectation of the Chinese New Year festivities in mid-February will draw supplies way from the 11 European market, where traders are reluctant to buy at the high Small Pelagics 11 price levels prevailing at present. Cephalopods 12

GROUNDFISH Crustaceans 16

Bivalves 19 remains in low supply due to limited catches and reduced quotas for this year. Prices are increasing in all major markets. 20 Trout 21 COD - in Poland (FOB, origin: ) Freshwater fish 22 USD/kg

2.4 Non Traditional 2.2 1.9 Species 23 1.7 1.4 Seabass-Seabream- 1.2 0.9 Meagre 24

Fresh gutted The European Fish Price Report, based on information supplied by industry correspondents, aims to provide guidance on broad price trends. Price information is indicative and should be used only for forecasting medium- and long-term trends. FAO is not responsible for any errors or omissions.

Very strong sales were reported for - in Spain, origin: Spain cultured Spanish turbot during the Christmas season, but at a lower EUR/kg average price. In January 2018 prices 29.0 27.0 have started to move up, but are still 40 25.0 23.0 10.15 21.0 percent below what they were in January 19.0 17.0 8.90 2017. 15.0 13.0 11.0 8.60 Decreasing prices of Alaska are 9.0 7.0 8.00 reported in Vladivostok. On the contrary, 5.0 there are increasing price of Alaska Pollock in Moscow due to high demand and a few offers in the market. Fresh - whole, cultured 0.5-1kg/pc 1-2 kg/pc 2-3 kg/pc 3-4 kg/pc Strong demand and high prices in the fresh and frozen cod market is creating supply problems for the cured market. Cured cod is still considered a product for periods when supply is plentiful rather than a value-added product. A further increase in prices is expected in February and March 2018 for wet-salted cod fillets from frozen Pacific cod (Gadus macrocephalus), and there is also a shortage of product in the market for wet-salted Atlantic cod fillets (Gadus morhua) from fresh raw material of Faroese and Icelandic origin. Meanwhile, the market is stable for wet-salted ling fillets, where there has been continuing good catches and high consumption. In general, the quality of stockfish at present is far better than in 2016, when black spots were present on the skin due to the persistent rain.

TUNA -

Price of tuna, especially of skipjack, TUNA - Pacific Ocean continue the downward trend which began in November 2017. Limited demand from USD/kg the Thai industry, which itself is a result of 3.0 sluggish demand for the final product, has 2.5 1.65 led to a steep decline in skipjack prices to 2.0 1.55 USD 1 550 per tonne, compared with 1.5 almost USD 2 500 in late October 2017. 1.0 Some experts expect the price to dip below 0.5 USD 1 500 in the coming days, and the canned tuna industry is becoming more and more competitive. Skipjack Bangkok CFR Skipjack Ecuador, ex-vessel

Fishing in the Western and Central Pacific has slowed down to a moderate pace. However, due to the large number of carrier landings in December and the end-of-year closure at Thai canneries, raw material inventories remain at a healthy level.

The second 2-month IATTC ‘veda’ in the Eastern Pacific is ending on 19 January 2018, and catches have been poor for those vessels (some 36 percent of the total) that have opted to continue fishing over this period. While raw material supplies continue to be supplemented

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by carriers arriving from the Indian Ocean TUNA - Spanish canneries and the Western and Central Pacific, inventories at local canneries have fallen to EUR/kg 2.40 a low level. Despite the lack of raw material, 3.0 however, prices for Ecuadorian, EU-eligible 2.5 skipjack have fallen to USD 1 800-1 900 per 2.0 1.5 tonne ex-vessel Manta, while those for 1.40 skipjack from Western and Central Pacific 1.0 carriers are at USD 1 650 CFR Manta, 0.5 reflecting the downtrend on the Thai market.

In contrast, yellowfin price have increased Yellowfin > 10 kg, Spain CFR slightly. Skipjack main sizes, Spain CFR

Fishing in the Indian Ocean has resumed for all fleets since the start of the year. Raw material inventories at local canneries remain healthy. Both skipjack and yellowfin prices have fallen.

The annual 2-month FAD closure in the Atlantic Ocean came into effect on 1 January 2018. Both catches and raw material inventories at local canneries are moderate. In line with the global trend, skipjack and yellowfin prices are declining. In Europe, prices for skipjack have fallen while yellowfin prices remain stable. Meanwhile, the market price for cooked, double cleaned yellowfin loins is down due to the arrival of duty-free quota loins. The 25 000 tonne duty-free quota was already exhausted by the first week of January.

TUNA - Indian/Atlantic Oceans TUNA - Loins

EUR/kg USD/Kg 3.0 2.25 9.5 2.5 2.10 8.0 7.50 7.10 2.0 6.5 1.30 1.5 5.0 1.29 3.5 1.0 2.0 0.5

Skipjack - frozen cooked loins, single cleaned, Spain/Italy Skipjack, Seychelles, FOB DDP Yellowfin, Seychelles, FOB Yellowfin - frozen cooked loins, double cleaned, Italy DDP Skipjack, Abidjan ex-vessel Yellowfin, Abidjan, > 10 kg, ex-vessel

SMALL PELAGICS

Demand for in Poland is good at the moment, while catches are declining, pushing prices higher. prices are reported to be stable.

Pacific herring is in ample supply and is selling at record low price levels in Vladivostok. On the Moscow market, however, price of Pacific herring is stable.

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CEPHALOPODS

Catches in the South African Loligo SQUID - in Italy, origin: South Africa squid fishery have been good, and it is estimated that more than 5 000 tonnes EUR/kg 8.0 have been landed since the season re- 7.0 opened on 23 November. Prices for the 6.0 7.55 larger sizes are holding up well, but 5.0 they are weak for the smallest size "S". 4.0 While the current catch rate is pointing 3.0 to softening prices, however, the

strength of the local currency, the rand, Squid - Whole, FAS, size M is discouraging price cuts. The rand has firmed from ZAR 16.90 to ZAR 14.80 to the Euro in 6 weeks.

Low demand from Europe is reported for cuttlefish, with slightly downward trending prices. Most of the cuttlefish supply is being directed to East Asia.

CRUSTACEANS

During the Christmas season, consumer demand for ARGENTINA RED SHRIMP - origin: Argentina remained low, confirming a weaker EUR/kg 7.60 shrimp market in 2017. In January, 10.5 demand has remained weak but 9.0 7.30 prices have been stable. Price 7.5 7.20 increases in the coming months are 6.0 7.20 4.5 likely, as imports in EU28 will be 3.0 seasonally low until April/May 2018 and high demand for shrimp in East Asia is anticipated for the Lunar New > 10-20 pc/kg > 20-30 > 30-40 > 40-60 Year celebration in February.

The Argentine fleet posted record catches of shrimp in 2017, with the total in the first three quarters of 2017 already exceeding the previous 200 000 tonne record achieved during 2016. Exports from Argentina, which is one of the leading suppliers of sea-caught shrimp, were, at 44 950 tonnes, 16 percent higher in the first nine months of 2017 compared with the same period of 2016. This was due primarily to increased exports to the USA, Japan, Viet Nam, Thailand and the Russian Federation. Exports to the EU and China fell over the same period

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(-15 percent each). As inventories in Europe of Argentina shrimp are relatively high, prices are likely to come down soon, with the exception of large sized shrimp, that had been sold at a very low price in recent months.

OTHER CRUSTACEANS EUROPEAN LOBSTER - in Europe, origin:

Demand for crab and lobster remained firm for EUR/kg year-end sales. This is the end of the fishing 35.0 32.00 season for European lobster and stocks are 30.0 low, pushing prices up. 25.0 20.0 There are some difference with regard to 15.0 inventories of American lobster in Canada 10.0 and the USA. While there are some whole raw and cooked lobster and cooked lobster meat on stocks, the lobster tails inventories 400-600/600-800 gr/pc are scarce, so prices will be high for tails in CRAB - in France, origin: Europe coming months. The Canadian new season will re-open on 1 May. Canadian exporters will EUR/kg be taking advantage of duty-free status in the 5.0 EU under the Comprehensive Economic and 4.0

Trade Agreement (CETA) in the new season 3.0 to the disadvantage of US exporters. 2.0 Meanwhile, demand in Italy has been weak 4.85 in January, for tropical lobster, and prices 1.0 have fallen sharply as a result.

400-600 - 600-800 kg/pc Demand for crab was high during the holiday season, leading to a record price of EUR 4.85 per kg.

BIVALVES

French Bouchot rope and Dutch bottom mussels are plentiful on the French market. Organic rope mussels are also widely available and well accepted by French consumers, who are willing to pay a higher price for what is considered a more healthy product. Spanish mussels have also managed to carve out a market slot as a lower priced alternative.

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December is the strongest season for MUSSEL BOUCHOT - in France shellfish sales in general, and for oyster sales EUR/kg in particular. December sales can represent 6.0 over 50 percent of annual sales of oysters of 5.5 5.0 French origin, the main oyster exporting 4.80 4.5 country. According to the oyster mortality 4.0 monitoring bulletin from the French scientific 3.5 institution IFREMER dated 18/12/2017, the 3.0 average cumulative mortality rate is 70

percent on national level for seed oysters Monthly average consumer prices in metropolitan… with high regional variation. Juvenile and adult oysters are reported as having much lower mortality rates (8 percent and 7.2 percent respectively). Overall, according to the IFREMER monitoring programme, seed mortalities are a little above 2016 levels whereas juvenile and adult mortality rates are well below last year’s figures. Summer oyster growth is reported to have been disappointing which has led to a shortage of large oysters.

SALMON

Prices for Norwegian farmed Salmon - origin: Norway began the year close to record highs but NOK/kg declined steeply in the last two quarters as a 100.0 90.0 buildup of biomass led to a spike in harvest 80.0 70.0 61.42 volumes. However, it appears this trend is 60.0 50.0 reversing in early 2018 as supply tightens 40.0 30.0 56.11 20.0 once again. As of week 1, 2018, the Fish Pool 10.0 Index, which reflects average Norwegian 0.0 export prices for fresh whole Atlantics, was at NOK 56.34 per kg, significantly higher than 3-4 6-7 the 2017 low of NOK 45.31 per kg but some way below the NOK 79.69 per kg observed in week 1, 2017.

Despite the decline in the second two quarters, the average price for 2017 as a whole was still higher than the previous year, and the full-year report recently released by the Norwegian Seafood Council (NSC) showed a 5 percent increase in Norway’s farmed Atlantic salmon export revenues in 2017, driven by higher prices overall and a 2.8 percent increase in total export volumes. The annual totals came to 1 million tonnes worth NOK 64.7 billion. The EU remains by far the most important market for Norwegian salmon exporters but its relative share declined slightly in 2017 after a 2 percent drop in EU-destined volume and a 1 percent increase in value. Offsetting this decline is a significant increase in exports, of 11 percent in value and 13 percent in volume, to Asian markets such as Japan, Viet Nam and

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the Republic of Korea, and also increased exports to a salmon-hungry US market. In Scotland, a weaker British pound, strong demand in the EU, the US and China, and high prevailing prices meant record revenues for the industry in 2017. In line with their Norwegian counterparts, prices for Scottish fish fell towards the end of the year but have begun a recovery in early 2018.

Current forward prices at Fish Pool reflect the broad market consensus for an average price level of NOK 55 per kg for January and just below that for 2018 as a whole. This would represent a decline of about 10 percent compared with 2017, and is the result of an expected increase of around 8 percent in global supply of farmed Atlantic salmon. Demand is firm and stable in the EU, where economic conditions are improving.

TROUT

Continuing tight supply of farmed trout from TROUT - Ex-farm prices in Italy Norway saw 2017 exports drop 42 percent EUR/kg in volume terms to 40 000 tonnes and 27 4.5 3.70 percent in value to NOK 2.9 billion, figures 4.0 that reflect the effect that the lack of fish 3.5 4.00 3.0 has had on price levels. Although good 2.5 biological performance over the course of 2.0 the year saw biomass growth accelerate and 1.5 eased some pressure on prices in the

second half of the year, farmed trout Trout: Salmo spp : Oncorhynchus mykiss remains scarce and demand from the US, Eastern European and Asian markets should prevent prices from dropping much further in 2018.

FRESHWATER FISH

As typically seen after the Christmas holidays CARP - in Europe, origin: Hungary there has been a drop in sales in Hungary, HUF/kg Germany and the Czech Republic, which are 2000 1402 the traditional markets for these species. 1800 1600 Supplies are tighter but are still sufficient to 1400 1200 1100 meet demand, with most producers making 1000 800 630 use of this period of year to maintain their 600 units for live fish and try to empty ponds. 400 Sales campaigns for carp are continuing, albeit at sharply discounted prices. Carp - whole - live Carp - Slices, fresh on ice Carp - Fillets, fresh on ice

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Due to negative press, European demand for pangasius continues to decline. As a result, imports into the EU were some 15 percent down in 2017 and Viet Nam, the main supplier of this species to the European market, is diversifying its exports, increasing sales to Africa and Latin America. Tilapia imports into the EU, in contrast, grew somewhat in 2017, but this species still is rather marginal in the EU market, equivalent to only one third of total pangasius imports in volume terms.

SEABASS - SEABREAM - MEAGRE

Both of the two major Mediterranean SEABASS/SEABREAM - in Italy origin: Greece suppliers, Turkey and Greece, have EUR/kg been supplying the European market 6.5 with significantly greater quantities of 6.0 4.40 5.5 bass and bream this year, and this has 5.0 pushed prices downwards. Compared 4.5 4.0 with December, January prices for 3.5 4.20 Greek seabream on the Italian market 3.0 rose slightly for small sizes (200-300g)

and extra-large sizes (1kg+) grade but Seabass fresh whole 300-450 gr/pc Seabream fresh whole 300-450 gr/pc dropped for the 600-800g category, while seabass prices remained stable for small (200-300g) and large (800g+) fish but fell for all other sizes. For the mid-size category (300-450g), prices are now at their lowest point in 4 years in Italy, while reports from Spanish wholesale markets reflect similar trends. Without a significant negative supply shock, total production of bass and bream in the Mediterranean region can be expected to remain at or above 2017 levels over the next couple of years and although progress in market diversification, technological innovation, product development and marketing means that the sector is not as vulnerable to price crashes as it once was, the short and medium-term outlook remains uncertain. In other industry news, there are now eight bidders competing for majority stakes in two of the largest Greek bass and bream companies, Nireus and Selonda. The majority of the remaining potential buyers are US and European based investment funds seeking to advance consolidation of the Greek industry by acquiring both firms. The sales process is now expected to be completed sometime in the second quarter of 2018.

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Fish Species Product Form Grading Price per kg Reference Origin Trade Name As stated EUR USD & Area GROUNDFISH January 2018

Cod/Cabillaud, Morue/ Fresh gutted 1.52 1.87 + Poland FOB Baltic Sea Bacalao IQF portion, single frozen 100-150 g/pc 7.30 8.93 = Italy CIF Iceland Gadus morhua Fresh - fillet 50-100 g/pc 4.00 4.90 CPT Denmark 100-200 6.30 7.71 + 200-400 6.90 8.44 - Fresh - Whole 1-2 kg/pc 5.93 7.26 + 2-4 6.16 7.54 + Fresh gutted 2-3 kg/pc 6.27 7.67 Fresh - fillet 100-200 g/pc 5.95 7.28 + Poland 200-400 7.32 8.96 + Fillet- IQF 500-1000g/pc 4.05 4.96 = FCA Spain 4.30 5.26 = CIF Fillet - wet salted - 1st quality 700-1000 g/pc 9.30 11.38 = Italy DDP Iceland produced from fresh raw material Portion single frozen, 10% glaze 100-150 g/pc 7.30 8.93 CIF Stockfish 700 g/pc 23.00 28.15 = DDP Norway 60-80 g/pc 28.70 35.13 FCA Gadus macrocephalus Fillet - wet salted - 1st quality 400-700 g/pc 8.70 10.65 = Italy CIP Denmark produced from frozen raw material Fillet- thawed 12.25 14.99 + H&G 1-2 lb/pc 3.41 4.19 - Europe CIF Alaska/USA 2-3 3.92 4.81 5-6 4.13 5.07 * 3-9 3.22 3.95 Whole, longline 3.72 4.57 = 3.32 4.08 Hake/Merlu/Merluza Minced block 1.74 2.13 = Namibia FOB Namibia Merluccius capensis for Spanish market IQF portion, trapeze 90-110 g/pc 6.50 7.96 + Italy CIF IQF 100-200 g/pc 6.20 7.59 Europe DDP South Africa Merluccius merluccius Fresh - whole 100-200 g/pc 4.43 5.42 + Italy CPT Croatia 200-300 5.44 6.66 + Fresh - gutted 200-300 g/pc 5.50 6.73 + 300-400 6.50 7.96 - Merluccius productus Fillet, PBO 2.20 2.70 = Spain EXW USA Minced block 1.43 1.75 = Alaska pollack/Lieu H&G Russian Fed. Russian Fed. de l'Alaska/Colín >25 1.10 1.35 + wholesale Vladivostok de Alaska >30 0.81 0.99 Theragra chalcogramma >25 1.33 1.28 + wholesale Moscow Surimi (Alaska pollack) Stick - Paprika 250 g/pc 2.51 3.07 France CFR Spain Hoki H&G 100-300 g/pc 1.63 1.99 Spain FOB Macruronus magellanicus 300-500 1.63 1.99 500-900 1.63 1.99 Haddock/Eglefin/Eglofino H&G < 0.8 kg/pc no quotation Sweden FCA Norway Melanogrammus aeglefinus

Ling/Lingue franche/ Fillet - wet salted 1-1.5 kg/pc 5.90 7.22 = Italy DDP Faeroe Islands Maruca Produced from fresh raw material Molva molva 1st quality

8 Fish Species Product Form Grading Price per kg Reference Origin Trade Name As stated EUR USD & Area GROUNDFISH (cont.) January 2018

Monkfish/Baudroie/ Fresh - Tail < 0.3 kg/pc 9.83 12.03 - Italy CPT UK Rape 0.3-0.5 12.16 14.88 + Lophius spp. 0.5-1 13.20 16.16 + 1-2 13.72 16.79 + > 2 15.67 19.18 + Fresh - whole 0.5-1 kg/pc 5.84 7.15 FCA France 1-2 6.45 7.89 John Dory/ Frozen skin-on 60-100 g/pc 7.66 9.40 Germany CFR China Saint Pierre PBO, chemical free, 100% net 100-150 0.81 1.00 Pez de San Pedro weight, IQF,Bulk, frozen weight 150-200 8.55 10.50 Zeus faber +count 200-300 8.96 11.00

Fresh whole 1-2 kg/pc 19.00 23.25 * France, wholesale France 2-3 20.50 25.09 * Fresh - gutted 600-800 g/pc 9.90 12.12 - Italy CPT Senegal 800-1000 10.75 13.16 - 1000-2000 10.50 12.85 - Fresh- whole 600-800 g/pc 10.72 13.12 + FCA Spain 800-1000 12.86 15.74 + 1000-2000 12.72 15.57 + Sand steenbras/ Fresh 300-500 g/pc 1.68 2.06 + Morocco Marbré/ Herrera 500/700 10.65 13.03 + Lithognathus mormyrus 700/1000 10.65 13.03 + Mixed 8.77 10.73 FLATFISH January 2018

Turbot/Rodaballo Fresh - whole 0.5-1 kg/pc 8.00 9.79 + Spain CIF Spain Psetta maxima farmed 1-2 8.60 10.53 + 2-3 8.90 10.89 + 3-4 10.15 12.42 + Fresh - whole < 0.5 kg/pc 9.10 11.14 Netherlands wild 0.4-0.6 3.90 4.77 0.5-0.8 15.98 19.56 0.5-1 11.85 14.50 0.8-1 12.70 15.54 + 1-2 15.35 18.79 + 2-3 15.40 18.85 + 3-4 21.00 25.70 - 4-6 27.70 33.90 - Fresh - whole 0.4-0-6 kg/pc 8.53 10.44 Italy CPT Spain/Portugal farmed 0.6- 0.8 8.14 9.96 - 0.8-1 8.38 10.26 - 1-1.5 8.21 10.05 - 1.5-2 8.20 10.04 = 2-2.5 8.72 10.67 - 2.5-3 8.70 10.65 - 3-4 10.73 13.13 -

9 Fish Species Product Form Grading Price per kg Reference Origin Trade Name As stated EUR USD & Area FLATFISH (cont.) January 2018

Fresh - whole 0.5-1 kg/pc 8.90 10.89 Netherlands wild 0.7-1 9.60 11.75 - 1-2 11.20 13.71 - 2-3 15.31 18.74 + 3-4 19.15 23.44 + > 4 26.00 31.82 Fresh - gutted 0.7-1kg/pc 9.38 11.48 + 1-2 13.47 16.49 + /Sole/ Fresh - whole < 175 g/pc 13.15 10.80 + Spain CIF Netherlands Lenguado wild 170-200 13.95 17.07 + Solea vulgaris 200-300 15.15 18.54 + 200-250 17.45 21.36 300-500 17.25 21.11 - 400-500 18.70 22.89 + 500-600 20.25 24.78 + Fresh - whole 200-300 g/pc 21.60 26.44 + France wild 300-400 24.70 30.23 + No. 3 14.93 18.27 Italy CPT No. 4 11.50 14.07 No. 5 6.20 7.59 Fresh - whole No. 2 15.38 18.82 - Netherlands No. 3 13.23 16.19 + No. 4 13.76 16.84 Fresh - gutted No. 2 16.62 20.34 + No. 3 13.39 16.39 + No. 4 11.21 13.72 + No. 5 10.43 12.77 + Sole/Sole/ Fresh - whole No. 2 14.91 18.25 Italy CIF Netherlands Lenguado No. 3 14.15 17.32 Solea vulgaris No. 4 9.92 12.14 European / Fresh - whole 300-400 g/pc 3.80 4.65 Spain CIF Plie d'Europe/ 400-600 3.90 4.77 - Solla europea > 600 4.15 5.08 - Pleuronectes platessa IQF, white skin-on, 25% glaze No. 2 3.60 4.41 - Netherlands FOB IQF skin-off, 25% glaze 4.00 4.90 - for Italian market European / Fresh - fillets skin-on Large 3.75 4.59 Italy CPT Flet d'Europe/ skinless Large 5.75 7.04 Platija europea whole 2.19 2.68 flesus 1.51 1.85 FCA 1.65 2.02 = CPT Denmark Scophthalmus rhombus Fresh, whole 500-1000g/pc 7.20 8.81 * Netherlands 1000-2000 10.35 12.67 * Fresh, gutted 500-1000g/pc 8.62 10.55 * 1000-2000 14.39 17.61 * / Frozen- whole Large 1.98 2.43 Europe CIF North Atlantic Limande à queue jaune/ Limanda Limanda ferruginea / Limande/ Frozen- whole Small 2.16 2.65 Limanda Large 2.52 3.09 Limanda limanda Greenland / Fillet - skinoff, boneless, No quotations Denmark FOB Greenland Reinhardtius blockfrozen hippoglossoides 10 Fish Species Product Form Grading Price per kg Reference Origin Trade Name As stated EUR USD & Area /BILLFISHES January 2018

Tuna/Thon/Atún Skipjack - whole 1.26 1.55 - Bangkok CFR Western/Central Thunnus spp. Pacific Ocean Skipjack - whole 1.34 1.65 - Ecuador Eastern Tropical Yellowfin - whole 1.51 1.85 - ex-vessel Pacific Ocean Skipjack - whole 1.30 1.59 - Seychelles Indian Ocean Yellowfin - whole 2.10 2.57 - FOB Skipjack - whole 1.29 1.58 - Abidjan Atlantic Ocean Yellowfin - whole > 10 kg 2.25 2.75 - ex-vessel Skipjack - whole 1.8-3.4 kg/pc 1.40 1.71 - Spain CFR Various origins Yellowfin - whole > 10 kg 2.40 2.94 = Skipjack - cooked & cleaned double cleaned 5.78 7.10 - Italy DDP Solomon Islands loins - vacuum packed Yellowfin - cooked & cleaned double cleaned 6.11 7.50 - Kenya/Mauri- loins - vacuum packed tius/Solomon Is. Skipjack > 1.8 kg/pc 1.67 2.05 Tunisia CFR Ivory 1.41 1.73 Ghana Yellowfin- whole > 10 kg 2.60 3.18 Spain DAT Atlantic Ocean 3-10 kg/pc 1.77 2.17 Yellowfin- frozen loins 5.96 7.32 DDP Eastern Pacific Skipjack - whole > 3.5 kg 1.80 2.20 DAT Atlantic Ocean Skipjack- frozen loins 6.77 8.28 DDP Eastern Pacific Bigeye- frozen loins 5.78 7.10 Bigeye- whole > 10 kg 2.23 2.72 DAT Atlantic Ocean Skipjack - whole 1.71 2.10 Europe CFR Ecuador Yellowfin - pre-cooked loins double cleaned 5.70 7.00 - single cleaned 5.29 6.50 - Skipjack - pre-cooked loins 4.89 6.00 - Swordfish/Espadon/ Fresh- whole 14.20 17.38 = France, wholesale Atlantic Pez espada Frozen- filet, vacuum 8.40 10.28 Spain Xiphias gladius Fresh - gutted < 12 kg/pc 6.98 8.54 Italy FCA Whole Mediterranean 13-18 8.13 9.95 + 19-25 8.00 9.79 + 26-35 7.95 9.73 + Whole Atlantic 19-25 5.76 7.05 - Morocco 26-35 6.26 7.66 - 36-50 6.26 7.66 - > 50 7.13 8.73 + SMALL PELAGICS January 2018

Mackerel/Maquereau/ Fresh - whole 2.85 3.49 Italy CPT Belgium

Caballa 2.26 2.77 UK 1.70 2.08 * Croatia Scomber scombrus 2.90 3.55 Norway

2.81 3.44 - France

4-6 pc/kg 2.95 3.61 + Fresh - Fillets 5.71 6.99 + butterfly cut 5.80 7.10 + Indian / Whole, IQF 1-6 pc/kg 0.90 1.10 Tanzania CIF Yemen Maquereau des Indes Whole, frozen block 8- 12 0.86 1.05 = Caballa de la India 12- 14 0.77 0.95 * Rastrelliger kanagurta

11 Fish Species Product Form Grading Price per kg Reference Origin Trade Name As stated EUR USD & Area SMALL PELAGICS (cont.) January 2018

Mackerel/Maquereau/ Whole 3-4 pc/kg 1.05 1.29 Spain FOB Spain Caballa Scomber scombrus

Horse Mackerel/ Whole > 24 cm/pc 1.23 1.51 Morocco FOB for Morocco Chincard/ Jurel European market Trachurus spp

Herring/Hareng/Arenque Fresh - fillet 2.49 3.05 Italy CPT Denmark Clupeidae Fresh - whole 250-300 g/pc 0.72 0.88 = Russian Fed. Russian Fed. > 350 1.52 1.86 wholesale Moscow > 25 0.75 0.92 Russian Fed. > 300 0.48 0.59 = wholesale Vladivostok > 250 0.91 1.11 70-100 g/pc 0.42 0.52 + Poland FOB Baltic Sprat/Sprat/Espadín Fresh - whole 0.15 0.18 = Sprattus sprattus /Sardine/ Sardina Fresh - whole 0.88 1.08 Italy CPT Croatia 1.25 1.53 - Spain Sardina pilchardus 1.00 1.22 Italy 1.95 2.39 France Fresh - fillet 4.50 5.51 + 3.60 4.41 UK 3.80 4.65 FCA Spain Whole, IQF, 3% glaze 1.06 1.30 Croatia H& G 6.00 7.34 = CPT Italy CEPHALOPODS January 2018

Squid/Encornet/Calamar Whole S (< 18 cm) 6.50 7.96 + Italy CIF South Africa Loligo spp. M (18-25) 7.55 9.24 + L (25-30) 7.70 9.42 + XL (>30) 7.70 9.42 + S (< 18 cm) 5.80 7.10 - Europe CFR M (18-25) 7.20 8.81 + L (25-30) 7.40 9.06 + XL (>30) 7.40 9.06 + S (< 18 cm) 7.65 9.36 + Italy EXW M (18-25) 7.85 9.61 Frozen 11-14 cm 2.69 3.30 Europe CIF USA whole, block frozen < 5 5.95 7.30 India 6-15 5.21 6.40 10-40 3.71 4.55 > 40 3.22 3.95 Loligo gayi Whole 18-22 cm 7.65 9.36 Italy EXW Falkland/ 15-18 5.50 6.73 Malvinas Isl. 12-16 6.35 7.77 + Squid tentacles 18.42 22.54 CPT Whole, thawed 5.36 6.56 = Argentina

12 Fish Species Product Form Grading Price per kg Reference Origin Trade Name As stated EUR USD & Area CEPHALOPODS (cont.) January 2018

Loligo vulgaris Fresh - whole 100-300 g/pc 14.55 17.81 Italy FCA Morocco 300-400 11.50 14.07 400-600 14.41 17.64 + 600-1000 13.50 16.52 < 100 g/pc 4.65 5.69 + CPT UK 100-300 6.57 8.04 + 300-500 7.55 9.24 - 10.45 12.79 + Croatia 100-200 g/pc 8.08 9.89 + France Whole, IWP, block 21-25 cm 9.90 12.12 CIF Morocco 9.50 11.63 FOB 16-20 cm 9.20 11.26 9.61 11.76 CIF 11-15 cm 8.60 10.53 8.20 10.04 FOB Whole, block 16-20 cm 9.00 11.02 7.90 9.67 CIF 21-25 cm 8.57 10.49 8.19 10.02 FOB 6-10 cm 7.54 9.23 7.91 9.68 CIF Thawed 21-25 cm 9.74 11.92 CPT 11-25 cm 9.55 11.69 100-200 g/pc 8.00 9.79 France Squid/Encornet/Calamar Whole 2 small 6.00 7.34 Mauritania FOB Mauritania

Loligo vulgaris 3 small 5.80 7.10 for European market

4 small 4.50 5.51 small 7.00 8.57 medium 7.40 9.06 large 7.40 9.06 Loligo forbesi Fresh - whole 300-700 g/pc 15.80 19.34 Italy CPT Portugal Loligo duvaucelli Whole block 4.19 5.15 Europe CIF India Whole cleaned, < 5 3.42 4.20 Germany CFR < 10 4.56 5.60 11-20 4.32 5.30 21-40 3.18 3.90 Squid/Encornet/Calamar < 3 3.79 4.65 China Loligo chinensis 3-6 3.10 3.80 6-10 2.69 3.30 10-15 2.36 2.90 15-20 2.04 2.50 Dosidicus gigas Raw fillet 2-4 kg/pc 0.81 0.99 Europe CFR Chile 1.38 1.70 Peru Raw tentacle 1-2, 2-3 kg/pc 0.81 0.99 Chile < 1, 1-2 1.30 1.60 Peru > 2 1.34 1.65 Raw wings 0.49 0.60 Chile whole without cartilage 1.02 1.25 Peru Necks 0.53 0.65 Chile open with cartilage 1.30 1.60 Peru Darum membraneless 4.89 6.00 Boiled wings - skin-on 1.87 2.30

13 Fish Species Product Form Grading Price per kg Reference Origin Trade Name As stated EUR USD & Area CEPHALOPODS (cont.) January 2018

Squid rings - thawed 4.35 5.32 + Italy CPT Squid stripes - thawed 2.75 3.37 + Squid tentacles 3.35 4.10 + Octopus/Poulpe/Pulpo Whole- FAS T3 12.20 14.93 Morocco Octopus vulgaris T5 11.09 13.57 Whole, cleaned, thawed 12.47 15.26 + Whole, thawed T6 10.30 12.61 = T5 11.30 13.83 = Whole, bloc T6 8.44 10.33 FOB 8.90 10.89 CIF T7 8.20 10.04 7.71 9.44 FOB Fresh T1 11.00 13.46 = CPT Italy T5 8.88 10.87 FCA Portugal T6 8.42 10.31 T4 8.88 10.87 Spain Whole - FAS T1 14.25 17.44 = Morocco FOB, Morocco T2 13.25 16.22 = for Spanish market T3 12.25 14.99 = T4 11.25 13.77 = T5 10.50 12.85 = Sushi slice 7 g/pc 13.68 16.80 - Europe CFR Indonesia 100% net weight 9 g 13.68 16.80 - boiled cut 8.51 10.45 + 100% net weight Flower type 1-2 kg/pc 4.81 5.90 + 90% net weight >2 5.29 6.50 + Frozen in land, pots and T3 11.57 14.20 Mauritania FOB Mauritania glaciers, 1° and 2° T4 10.75 13.20 T5 9.86 12.10 T6 8.41 10.33 T7 8.15 10.01 T8 7.73 9.49 FAS T3 11.40 14.00 T4 10.59 13.00 T5 9.69 11.90 T6 8.25 10.13 T7 7.99 9.81 T8 7.56 9.29 Octopus/Poulpe/Pulpo Fresh 3.75 4.59 + Italy CPT Croatia Eledone moschata 3.45 4.22 FCA France 4.20 5.14 CPT Italy 4.18 5.12 + FCA Spain extra 12.20 14.93 + Croatia small 7.30 8.93 - medium 4.23 5.18 + Frozen 80-120 g/pc 5.20 5.68 + EXW Tunisia 50-80 5.86 5.90 + < 50 5.85 6.07 + Fresh 8.50 10.40 = France, wholesale Europe Frozen 7.50 9.18 =

14 Fish Species Product Form Grading Price per kg Reference Origin Trade Name As stated EUR USD & Area CEPHALOPODS (cont.) January 2018

Cuttlefish/Seiche/ Whole, cleaned, IQF < 10 pc/kg 5.29 6.50 Germany CFR India Sepia 20% glaze 11-20 5.29 6.50 Sepia spp. Fresh - whole 300-500 g/pc 4.92 6.02 Italy CPT France/UK 200-300 4.05 4.96 500-1000 5.53 6.77 + Fresh - whole, superior 300-500 g/pc 6.97 8.53 500-1000 7.00 8.57 Frozen- whole 50-100 g/pc 4.12 5.06 CFR Yemen 100-200 4.01 4.92 - 200-300 4.01 4.92 - 300-500 4.01 4.92 - 400-600 4.01 4.92 - 600- 1000 4.01 4.92 - 500-1000 4.19 5.15 1000- 2000 4.01 4.92 - Frozen at land- whole block 100-200 g/pc 3.67 4.50 * Vietnam CIF 200-300 4.40 5.40 * >300 4.56 5.60 * FAS- whole block 200-300 g/pc 4.77 5.85 * 300-500 4.77 5.85 * 500-1000 4.77 5.85 * 1000- 2000 4.77 5.85 * Frozen- whole 200- 300 g/pc 4.56 5.60 Europe CIF 300- 500 4.61 5.66 500- 1000 4.61 5.66 300-500 g/pc 5.03 6.16 Italy CIF Oman 500-1000 5.03 6.16 1000-2000 5.03 6.16 IQF, cleaned, 20% glaze 100-200 g/pc 7.72 9.45 FOB Morocco 200-300 7.00 8.57 300-400 7.72 9.45 400-600 7.00 8.57 600-800 7.00 8.57 Frozen, whole block < 10 pc/kg 4.64 5.70 Europe India 11-20 4.36 5.35 5.09 6.25 CIF Frozen, whole block, cleaned 6.08 7.47 Whole, cleaned, 5*4 kg block 5-7 pc/kg 6.35 7.80 = CFR 10% glaze 8-12 5.09 6.25 = 13-20 4.44 5.45 = Whole, cleaned, 10kg pack 5-7 pc/kg 5.50 6.75 + 25% glaze, IQF 8-12 4.81 5.90 - Fresh- whole, cleaned 13.50 16.52 = France wholesale France 13.50 16.52 = Europe Frozen, whole 3.20 3.92 = Frozen, slices 9.00 11.02 =

15 Fish Species Product Form Grading Price per kg Reference Origin Trade Name As stated EUR USD & Area CRUSTACEANS January 2018

Whiteleg shrimp/ PD, chemical treatment 31-40 pc/lb 8.39 10.30 = Europe CFR Indonesia Crevette pattes 100% net weight 41-50 7.94 9.75 + blanches/Camarón treated with non-phosphate 51-60 7.58 9.30 = patiblanco 61-70 7.25 8.90 = Penaeus vannamei 71-90 7.00 8.60 = 91-120 6.68 8.20 = PUDT, 6*2 block, 51-60 pc/kg 7.17 8.80 = India 100% net weight 61- 70 6.92 8.50 = 71- 90 6.68 8.20 = PD, 6*2 block, 31-40 pc/lb 7.58 9.30 - 100% net weight 41-50 6.92 8.50 - 51- 60 8.31 10.20 61- 70 7.66 9.40 PD, IQF 20 % glaze, treated 26 – 30 pc/ lb 9.37 11.50 Germany CFR 31 – 40 8.96 11.00 41 – 50 8.06 9.90 51 – 60 7.62 9.35 61 - 70 7.25 8.90 PD, cooked, IQF, 20 % glaze 60 – 80 pc/ lb 6.03 7.40 Vietnam Whiteleg shrimp/ Head-on, Shell-on 30-40 pc/kg 9.10 8.75 South/Central Central America Crevette pattes 40-50 5.78 7.10 America CIF blanches/Camarón 50-60 7.20 6.35 for European main patiblanco 60-70 6.80 6.10 ports Penaeus vannamei 70-80 6.30 5.85 80-100 4.64 5.70 > 100 3.99 4.90 Giant river prawn/ HLSO Easy peel, <5 pc/lb 8.96 11.00 Germany CFR Bangladesh Bouquet géant/ IQF, 25 % glaze, 75 % net 6- 8 7.49 9.20 Langostino de río weight 8- 12 6.84 8.40 Macrobrachium 13- 15 6.56 8.05 rosenbergii Argentine red shrimp/ Head-on, shell-on 10-20 pc/kg 7.60 9.30 = Spain EXW Argentina Salicoque rouge/ 20-30 7.30 8.93 = d'Argentine/Camarón 30-40 7.20 8.81 = langostín argentino 40-60 7.20 8.81 = Pleoticus muelleri 10-20 pc/kg 5.07 6.22 * Europe CIF 20-30 5.14 6.31 * 21-25 5.09 6.25 - 31-40 5.01 6.15 - Headless, IQF 35-55 pc/kg 6.52 8.00 * Tails 25-55 pc/kg 6.72 8.25 * 5.08 6.24 Brown shrimp/ HLSO 7-12 pc/lb 21.19 26.01 * Ecuador Crevette grise du Sud/ Camarón café sureño Penaeus subtilis Scarlet shrimp/ Head-on, shell-on 8-12 pc/lb 25.07 30.78 Suriname Gambon écarlate/ 30-40 14.12 17.34 Gamba carabinero Plesiopenaeus edwardsianus

16 Fish Species Product Form Grading Price per kg Reference Origin Trade Name As stated EUR USD & Area CRUSTACEANS (cont.) January 2018

Black tiger/Crevette Headless 8-12 pc/lb 10.83 13.30 Russian Fed. CFR Bangladesh tigrée/Camarón tigre 30% glaze, IQF 13-15 8.80 10.80 = Penaeus monodon 16-20 8.67 10.65 = 21-25 8.59 10.55 = 26-30 8.47 10.40 = Headless, shell-on, block 13-15 pc/kg 9.94 12.20 Europe CFR Belgium frozen 16-20 9.94 8.40 21-30 6.84 7.10 26-30 5.78 7.50 31-40 6.11 7.10 HOSO, net weight, net count 10-20 pc/kg 13.03 16.00 India block frozen 20-30 8.96 11.00 Deep-water rose shrimp/ Fresh - Peeled tail Mixed 10.50 11.74 Italy CPT Italy Crevette rose du large/ 9.38 11.48 - Croatia Gamba de altura/ Peeled, 25% glaze, IQF 160-180 pc/kg 9.60 11.75 Tunisia Parapenaeus longirostris 220-280 8.88 10.87 Farmed, organic, cooked 20-30 pc/kg 26.00 31.82 = France, wholesale Madagascar 30-40 22.00 26.93 = 40-50 16.50 20.19 = Farmed, cooked 40-50 15.50 18.97 = Fresh, organic, shell-on 32-34 pc/kg 28.00 34.27 = Northern prawn/ Fresh 90-120 24.85 30.41 + Spain CIF Denmark Crevette nordique/ 100-200 33.10 40.51 - Camarón norteño 150-250 16.50 20.19 - Pandalus borealis Common shrimp/ Fresh, shell-on 44.70 54.71 Netherlands

Crevette grise/Quisquilla

Crangon crangon Head-on, shell-on 11.70 14.32

Fresh, shell-on 42-49 pc/kg 13.00 15.91 = France, wholesale Europe/

Frozen, cooked, wild 16.00 19.58 = Northern Europe Norway lobster/ Fresh - Whole 5-16 pc/kg 25.00 30.60 = France Langoustine/Cigala 16-20 22.00 26.93 = Nephrops norvegicus 20-30 16.00 19.58 - 30-40 14.50 17.75 = Frozen- Whole, cooked 20-40 20.00 24.48 = Europe Fresh - Whole, raw, bulk 18.93 23.17 - Retail Fresh - Whole, cooked bulk 25.18 30.82 + Fresh - Whole 3-5 pc/kg na Spain DDP Netherlands

4X1.5 kg 4-7 19.50 30.27 6-9 21.31 26.06 8-12 19.35 20.59 11-15 14.50 22.66 16-20 16.25 19.89 20-30 12.40 15.18

17 Fish Species Product Form Grading Price per kg Reference Origin Trade Name As stated EUR USD & Area CRUSTACEANS (cont.) January 2018

Norway lobster/ Fresh - Whole, 4X1.5 kg 31-40 10.50 12.85 Spain DDP Netherlands Langoustine/Cigala 41-50 8.52 10.43 Nephrops norvegicus Tails 40-60 13.35 16.34 Whole 00 pc/kg 17.20 21.05 = Spain CIF Scotland 0 14.40 17.62 + 1 12.70 15.54 = 2 9.90 12.12 = Fresh - whole 3 pc/kg 8.90 10.89 = 4 6.70 8.20 = 5 6.10 7.47 = 5-9 pc/kg 21.00 25.70 Netherlands 11-15 14.45 17.69 16-20 11.45 14.01 20-30 8.64 10.57 31-40 6.17 7.55 41-50 5.81 7.11 Fresh - whole, head 6-9 pc/kg 25.19 30.83 + Italy CPT Denmark/ 11-15 17.17 21.01 + UK 16-20 12.06 14.76 + 21-30 7.91 9.68 31-40 7.40 9.06 + 41-50 5.53 6.77 + European lobster/ Live - bulk 400-600 g/pc 32.00 39.17 = France delivered Ireland Homard européen/ 600-800 32.00 39.17 = to French vivier Bogavante Fresh - whole Large 27.50 33.66 Italy CPT UK Homarus gammarus small 29.49 36.09 400-600 g/pc 31.99 39.15 + 600-800 31.99 39.15 + 800-1000 25.69 31.44 > 1kg 32.50 39.78 + American lobster/ Live hard shell 14.71 18.00 + Canada Homard américain/ > 3000g 15.30 18.73 + Bogavante americano Live hard shell 450-550 g 14.79 18.10 + USA Homarus americanus Live soft shell 11.54 14.12 + Popsicle < 450 g/pc CAN 23.00 20.92 17.03 Canada FOB Canada (canner size) for European mkt > 450 CAN 26.00 20.92 17.03 (market size) Whole cooked netted lobster canners CAN 18.00 14.49 11.79 Europe CIF market CAN 25.00 20.12 16.38 Live 9.88 12.13 * Caribbean spiny lobster/ Tails 5-6 oz 27.83 34.17 Europe CIF Nicaragua Langouste blanche/ 7-9 oz 27.38 33.62

Langosta común del Caribe 10-24 oz 25.59 31.42

Panulirus argus Whole, raw 13.85 17.00 Cooked 15.48 19.00

Scalloped spiny lobster/ Whole 100-200g 10.59 13.00 + Taiwan CIF Yemen

Langouste festonnée/ 200-300 13.03 16.00 + Langosta festoneada > 300 14.66 18.00 + Panulirus homarus

18 Fish Species Product Form Grading Price per kg Reference Origin Trade Name As stated EUR USD & Area CRUSTACEANS (cont.) January 2018

Edible crab/Tourteau/ Live, bulk T2 (13-16 cm) 4.85 5.94 + France Auction France Buey de mar 500-700g 6.80 8.32 * Cancer pagurus > 1kg 7.20 8.81 * Spinous spider crab/ Fresh - female 5.30 6.49 Italy CPT UK Araignée européenne/ male 4.50 5.51 Centolla europea/ female 4.86 5.95 + France Maja squinado male 4.40 5.39 + Fresh-female small 3.68 4.50 male small 3.75 4.59 Snow crab/ crabe des Frozen- meat 13.85 17.00 Europe CIF Chile neiges/ Cangrejo de las Chionoecetes opilio BIVALVES January 2018

Oyster/Huître/Ostra Live No. 3 4.60 5.63 = France prod. Price/ Ireland/France Crassostrea gigas average export price 60-100 g/pc 17.50 21.42 Spain CIF Netherlands Italy Ostrea edulis 95-110 g/pc 17.65 21.60 Netherlands >130 14.62 17.89 Mussel/Moule/Mejillón Live - Bottom mussel Bulk 2.10 2.57 = France wholesale France Mytilus edulis 1.80 2.20 = Netherlands Mytilus galloprovincialis Live - Rope 60-80 pc/kg 2.00 2.45 = Spain Fresh 20-25 pc/kg no quotation Spanish market 25-30 EXW 30-40 40-70 Fresh - whole 1.92 2.35 = Italy CPT Italy 1.40 1.71 + FCA Spain Mussel/Moule/Mejillón Fresh - whole 1.40 1.71 + Italy CPT Spain Mytilus galloprovincialis skin-packed 2.15 2.63 = FCA 2.15 2.63 CPT Mytilus chilensis IQF - shell-off, 7% glaze 200-300 pc/kg 2.90 3.55 = CIF Chile Cooked mussel meat IQF 100-200 pc/kg 2.73 3.35 France CIF 200-300 2.44 3.00 300-500 2.20 2.70 Mussel/Moule/Mejillón IQF mussel meat 2.38 2.92 - Europe CFR Chile Whole, Vacuum Packed with Mytilus chilensis 2.58 3.17 + Sauces Vacuum Packed without Sauces 1.82 2.23 - IQF Half Shell Mussels 3.24 3.98 - Razor shell/Couteau/ Fresh S 7.50 9.18 = Spain CIF Ireland Navajas - Solenidae M 8.60 10.53 = L 10.25 12.55 Live 10-12 cm/pc 3.80 4.65 = Netherlands Scallops 10-20 15.56 19.10 Europe CIF US 20-30 14.19 17.42

19 Fish Species Product Form Grading Price per kg Reference Origin Trade Name As stated EUR USD & Area BIVALVES (cont.) January 2018

Great atlantic scalop/ Fresh whole shell, roe-on 5.20 6.36 + France wholesale France Coquille-St- Jacques/ Fresh whole shell, roe-off 4.40 5.39 Vieira Fresh, meat, roe-on 34.00 41.61 + Pecten maximus Frozen, meat, roe-on 23.50 28.76 + Europe Frozen, meat, roe-off 21.50 26.31 =

Fresh, whole shell, bulk, roe-on 41.62 50.94 + Retail

Fresh, whole shell, bulk, roe-off 7.07 8.65 -

Lyrate hard clam/ 1.26 1.55 Vietnam cythérée lyre Cooked 1.26 1.55 Europe CIF Meretrix lyrata IQF 1.26 1.55 * Asiatic hard clam/ 40-80 1.95 2.39 * Thailand Cythérée commune Meretrix Meretrix Hard clam/ Praire 10.00 12.24 = France wholesale France Chirla mercenaria Mercenaria mercenaria Japanese carpet shell Large 11.00 13.46 = Palourde japonaise/ almeja japonesa Venerupis philippinarum SALMON January 2018

Atlantic salmon/ Fresh - gutted, head-on 2-3 kg/pc 6.50 7.96 - France wholesale Norway

Saumon de l'Atlantique/ 3-4 6.80 8.32 -

Salmón del Atlántico 4-5 7.20 8.81 - Salmo salar 5-6 7.20 8.81 - 6-7 7.50 9.18 - 2-3 kg/pc 6.50 7.96 - Scotland Superior quality 10.70 13.10 + Smoked- Fillet, vaccuum 1-2 kg/pc 25.50 31.21 = reconstituted sides Fresh- Fillet 3-4 kg/pc 12.50 15.30 - Norway Smoked- Fillet, vaccuum 1-2 kg/pc 23.50 28.76 = reconstituted sides Fresh - gutted, head-on, 2-3 kg/pc 11.35 13.89 Spain CIF Scotland Superior quality 3-4 11.35 13.89 = 4-5 11.35 13.89 = 5-6 11.35 13.89 = 6-7 11.35 13.89 = Fresh - gutted, head-on 1-2 kg/pc NOK 39.34 4.07 4.99 + Norway FOB Norway 2-3 NOK 46.70 4.83 5.93 + 3-4 NOK 54.25 5.61 6.89 + 4-5 NOK 56.11 5.80 7.12 + 5-6 NOK 58.00 6.00 7.36 + 6-7 NOK 61.42 6.35 7.80 + 7-8 NOK 62.71 6.48 7.96 + 8-9 NOK 62.95 6.51 7.99 + > 9 NOK 61.30 6.34 7.78 +

20 Fish Species Product Form Grading Price per kg Reference Origin Trade Name As stated EUR USD & Area SALMON (cont.) January 2018

Fresh 3-4 kg/pc 6.90 8.44 Spain CFR gutted, head-on 4-5 kg/pc 5.85 7.16 Tunisia CFR 5-6 7.85 9.61 IQF - salmon slices 9.73 11.91 Europe CFR Norway Fresh - salmon cubes 8x8x8 9.73 11.91 Atlantic salmon/ Fresh - Whole - Superior 2-3 kg/pc 4.61 5.64 Italy DDP Norway Saumon de l'Atlantique/ 3-4 4.85 5.94 Salmón del Atlántico 4-5 5.07 6.21 Salmo salar 5-6 5.16 6.32 6-7 5.08 6.22 7-8 5.07 6.21 8-9 5.21 6.38 9-10 5.18 6.34 Fresh- Whole 3-4 4.68 5.73 4-5 4.84 5.92 5-6 4.99 6.11 Fillet, cooked 5.09 6.23 = FCA Italy IQF portion, 10% glazing 100-150 g/pc 9.10 11.14 - Denmark Head-on, gutted, grade 1 6-7 kg/pc 5.08 6.22 Denmark DDP Chile Fillet, interleaved 1-2 lb/pc 4.87 5.96 2-4 4.17 5.10 Fillet, VAC 1-2 lb/pc 6.10 7.47 3-4 6.15 7.53 Fillet, IQF 2-3 lb/pc 6.15 7.53 4-5 6.88 8.42 Bits and pieces 6.19 7.60 Europe CIF scapped meat 4.48 5.50 Pink salmon/ saumon rose/ green roe- Premium grade 26.49 32.52 + USA Salmón rosado green roe- Standard grade 11.67 14.33 Oncorhynchus gorbuscha TROUT January 2018

Trout/Truite/Trucha Whole, gutted, fresh on ice 0.25-0.4 kg/pc HUF 1367 4.43 5.41 + Hungary ex-farm Hungary Salmo trutta Fillet - farmed 200-400 g/pc 9.10 11.14 Italy ex-farm Italy Fresh - farmed 500-700 g/pc 3.70 4.53 Rainbow trout/ Fresh 300-400 g/pc 4.00 4.90 = Truite arc-en-ciel/ Gutted 150-300 g/pc 4.70 5.75 - Trucha arco iris 300-500 g/pc 5.00 6.12 + Oncorhynchus mykiss Fresh- whole 5.20 6.36 = France wholesale France Fillet 6.80 8.32 = Fillet, smoked 17.00 20.81 = Whole, gutted, bulk 11.67 14.28 + Retail

21 Fish Species Product Form Grading Price per kg Reference Origin Trade Name As stated EUR USD & Area FRESHWATER FISH January 2018

Carp/Carpe/Carpa Live 1.2-5 kg/pc HUF 630 2.04 2.50 = Hungary Hungary Cyprinus spp. Fresh, whole, gutted, head-off 0.7-4.5 kg/pc HUF 1051 3.40 4.16 - ex farm Fresh on ice - slices HUF 1100 3.56 4.36 - EXW Fresh on ice - fillets HUF 1402 4.54 5.55 - Crucian Carp/Carassin Live 0.45-0.9 kg/pc HUF 392 1.27 1.55 Carpín Carassius carassius Grass Carp/ Carpe Live 0.8-3 kg/pc HUF 701 2.27 2.78 chinoise/Carpa China Fresh, whole, gutted, head-off HUF 1093 3.54 4.33 Ctenopharyngodon idellus Bighead carp/Carpe à Fresh gutted, head-off 0.7-5.0 kg/pc HUF 799 2.59 3.16 + grosse tête/Carpa Fresh on ice - slices HUF 1246 4.03 4.94 capezona Fresh on ice - fillets HUF 1362 4.41 5.40 Aristichthys nobilis Live 1-5.5 kg/pc HUF 420 1.36 1.66 Nile perch/Perche du Fillet - skinless 300-500 g/pc 4.48 5.50 EU CFR Uganda Nil/Perca del Nilo Interleaved, 100% net weight 500-1000 5.25 6.45 Lates niloticus Fresh whole 200-400 g/pc 4.01 4.91 - Italy FCA yellow 200-400 g/pc 3.92 4.80 - red 200-400 g/pc 3.80 4.65 - Tanzania green 200-400 g/pc 3.80 4.65 - Fresh fillet 200-400 g/pc 5.15 6.30 400-700 3.88 4.75 Fillet - skinless, PBI, IWP 500-1000 g/pc 5.25 6.45 Spain CFR Pike perch/Sandre/ - Fillet - skin-on- Wild HUF 3858 12.49 15.28 Hungary EXW Poland Lucioperca Fresh on ice- whole, gutted, 0.27-0.85 kg/pc HUF 2423 7.84 9.60 Hungary Sander lucioperca head-on Nile Tilapia/Tilapia du Fillet - skinless, IQF, PBO 5-7 oz/pc 3.85 4.00 Spain CFR China Nil/Tilapia del Nilo non-treated, 10% glaze Oreochromis niloticus North African catfish/ Fresh - fillets skinless HUF 1886 6.11 7.47 Hungary Hungary Poisson chat nord- Fresh - fillets skin-on HUF 1566 5.07 6.20 ex farm africaine/ pez gato Fresh, whole, gutted, head-off 0.6-1.5 kg/pc HUF 1262 4.09 5.00 Clarias gariepinus European catfish/ Live 0.8- 4 kg/pc HUF 1682 5.45 6.66 Hungary Hungary Silure glane/Siluro 2.5-8 HUF 1928 6.24 7.64 * Silurus glanis Fresh on ice - slices HUF 2408 7.80 9.54 ex farm Fresh on ice - fillets HUF 1606 5.20 6.36 Striped catfish/Silure Fillet, thawed 3.25 3.98 = Italy CIF Vietnam requin/Tiburón pangasio Fillet, IQF, white - 20% glaze 120-170 g/pc 2.02 2.47 CPT Pangasius hypophthalmus 170-220 2.02 2.47 Fillet, IQF, white - 5% glaze 3.09 3.78 Fillet, IQF, white - 20% glaze 120-170-220 1.79 2.20 Spain CFR Fillet, 100% net weight, IQF g/pc 2.04 2.50 Fillet, 100% net weight, interlvd 2.00 2.45

22 Fish Species Product Form Grading Price per kg Reference Origin Trade Name As stated EUR USD & Area NON-TRADITIONAL SPECIES January 2018

Sturgeon/Sturgeon/ Frozen - Whole 1.5-2 kg/pc 5.00 6.12 = France CIF France Esturione Gutted 5-7 kg/pc 6.50 7.96 = Acipenseridae Fillets 200-300 g/pc 11.50 14.07 = 800-1000 11.50 14.07 = A.baeri Caviar (Aquitaine) metal boxes 9.50 11.63 = Ribbonfish 300-1500 g/pc 2.50 3.06 Europe CFR Senegal Trichiurus lepturus Whole, IWP 100-200 g/pc 2.85 3.50 Taiwan CIF Yemen 200-300 2.85 3.50 300-500 2.85 3.50 500-700 2.85 3.50 700-1000 2.85 3.50 European eel/ Smoked Medium 38.00 46.51 = France wholesale Europe Anguille d'Europe/ Anguila europea Anguilla anguilla Spinycheek Grouper/ 1-2 kg/pc 6.77 8.29 * Italy CPT Oman Mérou Épineux/ Mero Espinudo Epinephelus diacanthus Dusky grouper H&G 3-5 kg/pc 4.77 5.85 + Europe CIF Yemen Mérou noir/Mero moreno > 5 3.62 4.45 Epinephelus marginatus IWP, gutted > 3 kg/pc 3.95 4.85 * White grouper/ Whole, gutted 3-5 kg/pc 3.42 4.20 = Merou blanc/Cherna de ley 5-10 3.42 4.20 + Epinephelus aeneus > 10 3.42 4.20 + 1- 2 kg/pc 8.89 10.91 * Italy FCA Mauritania 2- 4 9.77 12.00 * 4- 7 10.30 12.64 * 7- 10 10.17 12.48 * Crimson jobfish Whole, gutted 2- 3 kg/pc 2.81 3.45 + Europe CIF Yemen Colas fil/Panchito hebra. 3- 5 2.81 3.45 + Pristipomoides filamentosus 5- 10 2.81 3.45 + Spangled emperor/ Whole, gutted 1- 2 kg/pc 2.81 3.45 + Empereur moris/ 2-3 2.81 3.45 * Emperador relámpago 3-5 2.81 3.45 * Lethrinus nebulosus Common dolphinfish (Mahi Whole, gutted 2-3 kg/pc 2.48 3.05 Mahi)/Coryphène 3- 5 2.48 3.05 commune/ Lampuga 5- 10 2.48 3.05 Coryphaena hippurus

23 Fish Species Product Form Grading Price per kg Reference Origin Trade Name As stated EUR USD & Area SEABASS/SEABREAM/MEAGRE January 2018

Seabass/Bar, Fresh - whole 200-300 g/pc 3.80 4.65 = Greece FOB Greece Loup/Lubina farmed 300-450 4.20 5.14 - Dicentrarchus labrax 450-600 4.50 5.51 - 600-800 5.80 7.10 - 800-1000 7.50 9.18 = > 1000 9.50 11.63 = 200-300 g/pc 4.00 4.90 = Italy CIF 300-450 4.40 5.39 - 450-600 4.70 5.75 - 600-800 6.00 7.34 - 800-1000 7.70 9.42 = > 1000 9.70 11.87 = Fresh - whole 200-300 g/pc 4.05 4.96 = France CIF Greece farmed 300-450 4.45 5.45 - 450-600 4.75 5.81 - 600-800 6.05 7.40 - 800-1000 7.75 9.49 = > 1000 9.75 11.93 = 200-300 g/pc 4.04 4.94 = Spain CIF 300-450 4.44 5.43 - 450-600 4.74 5.80 - 600-800 6.04 7.39 - 800-1000 7.74 9.47 = > 1000 9.74 11.92 = Seabass/Bar, Fresh - whole 200-300 g/pc 4.07 4.98 = Germany CIF Greece Loup/Lubina farmed 300-450 4.47 5.47 - Dicentrarchus labrax 450-600 4.77 5.84 - 600-800 6.07 7.43 - 800-1000 7.77 9.51 = > 1000 9.77 11.96 = 200-300 g/pc 4.05 4.96 = Portugal CIF 300-450 4.45 5.45 - 450-600 4.75 5.81 - 600-800 6.05 7.40 - 800-1000 7.75 9.49 = > 1000 9.75 11.93 = 200-300 g/pc 4.23 5.18 = UK CIF 300-450 4.63 5.67 - 450-600 4.93 6.03 - 600-800 6.23 7.62 - 800-1000 7.93 9.71 = > 1000 9.93 12.15 = 200-300 g/pc 3.72 4.55 + Italy FCA 300-450 4.25 5.20 - 450-600 4.64 5.68 +

24 Fish Species Product Form Grading Price per kg Reference Origin Trade Name As stated EUR USD & Area SEABASS/SEABREAM/MEAGRE (cont.) January 2018

600-800 5.98 7.32 + 800-1000 7.77 9.51 - 1000-1500 9.34 11.43 + 1500- 2000 10.86 13.29 + > 2000 13.71 16.78 + 200-300 g/pc 4.50 5.51 Spain CIF Canary Island 300-400 4.50 5.51 (Spain) 400-600 5.00 6.12 - 600-800 5.30 6.49 - 800-1000 6.50 7.96 - 1000-1500 7.60 9.30 - 1500-20000 20.00 24.48 1000-2000 g/pc 10.80 13.22 France 2000-3000 11.80 14.44 3000-4000 14.30 17.50 Fresh - whole - wild 1000-2000 g/pc na Italy FCA Morocco Atlantic > 2000 na > 3000 na Fresh - whole - wild 600-800 11.00 13.46 = Italy CPT Egypt Mediterranean 800-1000 11.00 13.46 = 1000-2000 11.00 13.46 = > 2000 11.00 13.46 = Farmed - Orbetello Large 10.70 13.10 = FCA Italy Medium 9.70 11.87 = Small 7.60 9.30 Gilthead seabream/ Fresh - whole 200-300 g/pc 3.80 4.65 + Greece FOB Greece Dorade royale/Dorada farmed 300-450 4.00 4.90 = Sparus aurata 450-600 4.10 5.02 = 600-800 5.80 7.10 - 800-1000 8.00 9.79 = > 1000 10.00 12.24 + 200-300 g/pc 4.00 4.90 + Italy CIF 300-450 4.20 5.14 = 450-600 4.30 5.26 = 600-800 6.00 7.34 - 800-1000 8.20 10.04 = > 1000 10.20 12.48 + 200-300 g/pc 4.05 4.96 + France CIF 300-450 4.25 5.20 = 450-600 4.35 5.32 = 600-800 6.05 7.40 - 800-1000 8.25 10.10 = > 1000 10.25 12.55 +

25 Fish Species Product Form Grading Price per kg Reference Origin Trade Name As stated EUR USD & Area SEABASS/SEABREAM/MEAGRE (cont.) January 2018

200-300 g/pc 4.04 4.94 + Spain CIF 300-450 4.24 5.19 = 450-600 4.34 5.31 = 600-800 6.04 7.39 - 800-1000 8.24 10.09 = > 1000 10.24 12.53 + 200-300 g/pc 4.07 4.98 + Germany CIF 300-450 4.27 5.23 = 450-600 4.37 5.35 = 600-800 6.07 7.43 - 800-1000 8.27 10.12 = > 1000 10.27 12.57 + Gilthead seabream/ Fresh - whole 200-300 g/pc 4.05 4.96 + Portugal CIF Greece Dorade royale/Dorada farmed 300-450 4.25 5.20 = Sparus aurata 450-600 4.35 5.32 = 600-800 6.05 7.40 - 800-1000 8.25 10.10 = > 1000 10.25 12.55 + 200-300 g/pc 4.23 5.18 + UK CIF 300-450 4.43 5.42 = 450-600 4.53 5.54 = 600-800 6.23 7.62 - 800-1000 8.43 10.32 = > 1000 10.43 12.77 + wild 600-800 g/pc 18.29 22.39 + Italy FCA Morocco 800-1000 17.68 21.64 + 1000-2000 20.25 24.78 + > 2000 18.73 22.92 + farmed 200-300 g/pc 3.78 4.63 + Greece 300-400 3.66 4.48 - 400-600 3.75 4.59 - wild 400-600 g/pc 11.50 14.07 = CPT Egypt 600-800 11.50 14.07 - 800-1000 11.50 14.07 - 1000-2000 11.50 14.07 - Pagrus pagrus 600-800 g/pc 11.00 13.46 Tunisia 800-1000 12.50 15.30 + DAP Diplodus sargus 8.50 10.40 CPT Senegal farmed 300-500 g/pc 9.75 11.93 Portugal farmed Orbetello Large 10.70 13.10 FCA Italy Medium 9.70 11.87 Small 7.60 9.30 500-700 g/pc 10.98 13.44 * Morocco 700-1000 10.98 13.44 * 1000-2000 10.75 13.16 * Japanese threadfin bream/ Whole 100-200 g/pc 1.71 2.10 - Vietnam CIF Yemen Cohana japonaise/ 200- 300 2.00 2.45 = Baga japonesa 300- 500 2.04 2.50 + Nemipterus japonicus

26 Fish Species Product Form Grading Price per kg Reference Origin Trade Name As stated EUR USD & Area SEABASS/SEABREAM/MEAGRE (cont.) January 2018

Santer seabream/ 500-1000 g/pc 6.35 7.77 * Italy CPT Oman Denté nufar/Dentón nufar 1000-2000 6.35 7.77 * Cheimerius nufar Meagre/Maigre Fresh - Whole 500-1000 g/pc 5.00 6.12 Italy FCA Greece commun/Corvina farmed 1000-2000 6.40 7.83 + Argyrosomus regius > 2000 6.74 8.25 + > 3000 7.56 9.25 + > 2000 g/pc 7.57 9.27 + CIF wild 600-800 g/pc 12.00 14.69 CPT Egypt 800-1000 7.00 8.57 = 1000-2000 7.00 8.57 = 2000-4000 7.00 8.57 = Fresh- whole, wild > 1000 g/pc 7.50 9.18 France wholesale France

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The European Fish Price Report is a monthly GLOBEFISH publication. This issue was prepared by Helga Josupeit, Nada Bougouss, Weiwei Wang and Felix Dent.

PRICE REFERENCE PRODUCT FORM CURRENCY RATES (INCOTERMS 2010) C&P Cooked and Peeled US$ EUR CFR Cost and Freight FAS Frozen at Sea Canada CAD 1.24 1.53 CIF Cost, Insurance and Freight H&G Headed and Gutted Hungary HUF 252.45 308.90 CIP Carriage and Insurance Paid To HOG Head on Gutted (salmon) Norway NOK 7.88 9.67 CPT Carriage Paid To IQF Individually Quick Frozen USA USD 1.23 DAT Delivered at Terminal IWP Individually Wrapped Pack EU EUR 0.82 DAP Delivered at Place PBI Pinbone In Denmark DKK 6.09 7.45 DDP Delivered Duty Paid PBO Pinbone Off Russia RUR 56.43 69.28 EXW Ex Works PD Peeled and Deveined FCA Free Carrier PTO Peeled Tail On FAS Free Alongside Ship PUD Peeled, Undeveined Exchange Rates: 16.1.2018 FOB Free on Board

(DAF, DES, DEQ and DDU have been SYMBOLS cancelled) + Price increased in original currency since last report - Price decreased in original currency since last report = Updated but unchanged price * New insertion Not updated since last issue

GLOBEFISH Market Reports are available from the GLOBEFISH web site: www.fao.org/in-action/globefish

All rights reserved. No part of FAO/GLOBEFISH European Fish Price Report may be reproduced, stored in a retrieval system, or transmitted in any form or by any means (electronic, mechanical, photocopying or otherwise), without prior permission. Requests for use of this material (including purpose and extent) should be addressed to: GLOBEFISH - Fisheries and Aquaculture Department - Food and Agriculture Organization, Viale delle Terme di Caracalla, 00153 Rome, Italy.

Food and Agriculture Organization of the United Nations Fisheries and Aquaculture Policy and Economics Division Products, Trade and Marketing Branch Viale delle Terme di Caracalla 00153 Rome, Italy Tel +39 06 5705 2884 Fax +39 06 5705 3020 www.fao.org/in-action/globefish

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