Consumer sentiment remains poor despite improved economic prospects in both the United States and the European Union. The years 2021 to 2023 saw the highest inflation rates in decades, and although economic growth and employment have exceeded expectations, consumer confidence remains affected by concerns for diminished purchasing power. This cautious sentiment has particularly impacted the demand for fisheries products, with many choosing other, oftencheaper, protein sources. The FAO Fish Price Index (FPI) remained stable at 119...

European seafood traders are getting ready for the holiday season, generally a main consumption period. The signs are positive: with lower inflation in the region, consumers are more willing to travel as well as go to restaurants, which comprise one major outlet for seafood products. In addition, the prices of both farmed and wild-caught seafood are declining, influenced by the stabilization of the cost of fuel. The euro area annual inflation rate was 2.4 percent in April 2024, which is stable compared to...

Issue 2 of the Chinese Fish Price Report led by two featured articles on China’s import of primary seafood and e-commerce in China, and brings the recent policy updates and industry news, including a new Free Trade Agreement between China and Ecuador, the No.1 Central Document of 2024, new measures for the filing of aquaculture farm with products used for food raw material for export etc. The latest price trend for Tilapia, Grass carp, Chinese...

This summary outlines the information contained in the “Institutional and Economic Perspectives on Distant-Water Fisheries Access Arrangements” report (2024), which is an expansion of the first report the “Mapping Distant-Water Fisheries Access Arrangements”, published in 2022.This report conducts a more targeted examination of the economic dynamics, policy drivers, and institutional framework of fishing access arrangements (FAA). 

Consumer sentiment remains poor despite improved economic prospects in the European Union. After the high rates experienced in 2021 to 2023, inflation is now growing at a far slower pace, but consumers are very cautious with regard to expenses, including planning for their holidays. This subdued sentiment has particularly impacted the demand for fisheries products, including shrimp, which is considered a main indicator of economic perception. Nevertheless, shrimp prices are going up as supplies are...