The fourth wave of COVID-19 is currently hitting Europe, particularly in the northern part of the continent. The enthusiasm that characterized the summer months, leading to strong demand growth, has been somewhat dampened. In many countries there is still uncertainty as to whether the Christmas festivities will again take place under lockdown, or if people will be free to move around and visit restaurants and ski resorts. Despite this shift in the market sentiment, demand for seafood is strong and prices continue to rise. This is especially true for wild-caught species, for which the cost of fuel has an significant impact on operational costs.

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