After the Christmas rush, the European fish market came to a standstill in January 2024, which is a normal feature for this time of the year. Demand is slow, and prices have declined from the high levels reached in December 2023.

The recent tense developments in the Red Sea are likely to have a strong impact on fish trade in the world market; significant increases in price levels are expected, after the normalization that had characterized the second half of last year.

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