Market Report marine fish 2010 forcast 2011Shrimp Market Report The general economic recovery led to brisk shrimp trading in the first half of 2010. Generally demand exceeded supply, and prices moved up sharply. Shrimp importers and traders in the main markets were unable to build up inventories, as the product moved quickly. All main markets reported increased imports in the first quarter of 2010. The weakening of the EUR impacted the world shrimp market in the second quarter, and more shrimp was aimed at the US and the Japanese market instead. Full Report |
 | Small Pelagics Market ReportNorway and the EU finally reached an agreement on mackerel quotas and the management regime for North Atlantic mackerel in early December 2010, after long and hard negotiations, which in some quarters were dubbed "the mackerel war". The "mackerel war" refers to the refusal by Iceland to continue negotiations with Norway and the EU and accept a lower quota, after unilaterally setting its own quota for 2010 at 130 000 tonnes. In retaliation, Norway banned landings of mackerel from Icelandic vessels in Norwegian ports, while the EU threatened to do the same. The EU and Norway felt that Iceland, which did not fish mackerel until recent years, should not have a greater quota because of its history of non-participation in this fishery. Full Report |
Octopus Market Report Abundant octopus supply snapped up by high demand in 2009 The octopus season off West Africa is still underway and likely to continue through April, but catches are lower than expected, and the sizes caught are not easy to sell. The late start of the biological rest period will mean fewer octopus products will reach the market during summer months, which probably will result in better prices towards the middle of the year. Full Report |
 | Seabass & Seabream Market ReportImproved balance between demand and supply should lead to a stronger market in 2011 and firmer prices compared with those in 2010 Although the prospects for the bass and bream sector are notoriously hard to forecast because of the uncertainly in biomass estimates, it looks likely that production will fall slightly in 2011, mainly because of tight liquidity among many producers in countries such as Greece and Spain, and challenging demand prospects in several major markets. However, outside investors see strong long-term potential in the sector and in particular, Greek companies such as Nireus, Dias and Selonda were able to attract foreign capital during 2010. Full Report |
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