European Price Report

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Latest trends Inflation continues its decline to 2.9 percent in October 2023, which compares with 4.3 percent in September. The lowest annual rates were observed in the Netherlands, Denmark and Belgium while the highest were recorded in the Eastern part of the continent. In the current European Fish Price Report, 52 percent of the prices were stable compared with October 2023, 20 percent went up and 28 percent went down. Trade for the Christmas period has started, but uncertainty prevails. Demand is picking up and some classical festivities products such as lobster and oysters are reporting higher price levels. Despite this generally positive development, shrimp prices are still going down, against any expectations of main producing countries. Demand for this product continues to be volatile.

GROUNDFISH Dutch plaice has an important role in the Italian flatfish market; in November prices weakened by EUR 0.10 per kg. On the other hand, in France, the wholesale price of wild turbot went up by EUR 5.00 per kg, after a small decrease in October. This is mainly due to lower supply at present, due to difficult weather conditions.

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November 2023 11/2023 Index for prices

Groundfish

9

Flatfish

11

Tuna

12

Small Pelagics

13

Cephalopods

15

Crustaceans

16

Bivalves

16

Salmon

19

Trout

19

Freshwater fish

19

Non Traditional Species

20

Seabass-SeabreamMeagre

21

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.


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