ln 2017, the estimated level of consumption of tuna reached of 3.07 kg per capita. Expenditure on fish in the United Kingdom 2005-2019; Chilled prepared fish: Market value in the United Kingdom 2007-2019 ... "Sales value of fish and seafood in the European Union (EU-28) in … With the increasing demand for processed seafood, the global canned fish market is rising. The EU is a major world market for fish and seafood: in 2018 its apparent consumption amounted to 12,48 million tonnes corresponding to around 24 kg per capita. Alt Text :  However, the appearance of COVID-19 stopped this positive trend and started a new period of challenges and uncertainties. 1609 Copenhagen V. However, in value terms, African imports were low at around 3.48 % of global value in 2010 (Figure 5). Italy is also an important market in the EU, especially for products from Morocco, South Africa and Tunisia. EU household expenditures continued an upward trend in 2018, reaching €59.3 billion, 24% higher than in 2009. Trade - EU imports and exports. EUROPEAN MARKET OBSERVATORY FOR FISHERIES AND AQUACULTURE PRODUCTS - THE EU FISH MARKET - 2019 EDITION HIGHLIGHTS. It does provide around 26,000 jobs and total revenues exceeding 1.4 billion pounds annually but there are other things that you should consider when it comes to this market. In 2017, aquaculture production in the EU reached a 10-year high of 1.37 million tonnes with a value of more than €5 billion. Greece registered a 50% increase for both; in Spain, the increase for seabass was by 125%. Download: The EU fish market: ES DE EN FR IT . The EU self-sufficiency ratio, which measures the capacity of EU Member States to meet demand from their own production, reached 43% in 2017 – in line with its 10-year average. This is the highest level annual consumption ever reached since 2008 (3.00 kg per capita). About ¾ of EU food and drink exports are destined for the Single Market. But it’s also a testament to the internationalization of the industry under the EU’s 1970 Common Fisheries Policy, which allows boats from any country in the union to fish in all EU waters. The market for insect production is growing steadily with economists forecasting a 20% increase over the next five years4. It replies to questions such as what is produced/exported/imported, when and where, what is consumed, by whom and what are the main trends. These factors impose challengesfor EU policy-makers. In 2019, UK exports to the EU were £294 billion (43% of all UK exports). /fisheries/file/f-twitter256-32png_enf-twitter_256-32.png After Portugal, Spain and Malta are the countries in which most fish and seafood is eaten. Market Prices: Market Reports : Aquaculture: Bot. "Our goal is to increase the value of those by-products," says Mr Helgason. Consumption of fish and seafood in the EU was estimated at 24.35 kg per capita in 2017. The EU Fish Market – 2019 Edition; PHAROS4MPAS SAFEGUARDING MARINE PROTECTED AREAS IN THE GROWING MEDITERRANEAN BLUE ECONOMY: AQUACULTURE; High Level Panel for a Sustainable Ocean Economy: The Future of Food from the Sea; SAPEA Evidence Review Report No. The European Market Observatory for fisheries and aquaculture (EUMOFA) is a market intelligence tool on the European Union fisheries and aquaculture sector, developed by the European Commission. Our Trade Insights series … Wild-caught products predominated in the EU fish and seafood market, accounting for three-quarters of the total per capita consumption. 1005/2008 with the goal of incentivizing fish and fish products (fish) exporting countries to the Union to take action to reduce IUU fishing in their waters. In 2019, British vessels caught 502,000 tons of fish, worth around £850 million (€950 million, $1 billion), inside UK waters. Source: Eumofa, The EU Fish Market, 2019 edition. ST/15733/2018/INIT Guest pages: Martyn Boyers - Grimsby Fish Market bids farewell to the EU but not to Europe - A hub for trade in cod and haddock . Stay up-to-date on the latest fish trade news with the online GLOBEFISH market reports, which provide a comprehensive analysis on imports and exports, price trends, traditional and emerging markets, and trade forecasts for the main fish commodities. We invite you to check the report’s highlights in this newsletter and to download the entire document in English. It will help you to decide what market and country will offer you the most opportunities; How much fish do Europeans eat per year? There has been an increased EU trade deficit for fisheries and aquaculture products. The EU fish market 2019. “The EU fish market” aims at providing an economic description of the whole European fisheries and aquaculture industry. 2 Scientific, Technical and Economic Committee for Fisheries (STECF), 2019. In developing economies, import growth is set to slow but remain positive. The US and China are the main markets in value terms for EU exports, but the highest volumes are actually destined for Nigeria and Norway. Date 27.11.2019 Author Jo Harper Related Subjects European Union (EU), Brexit; Keywords fishing industry, fish market, Brexit, Common Fisheries Policy, EU, UK; Send us your feedback. The root - “ The La Digue fish market reflects the success of the EU-Seychelles bilateral cooperation on fisheries because it will generate revenues, … The European Union (EU) instituted a carding system via its European Commission Regulation (EC) No. How does it compare to the amount spent on meat? The supply of Alaska pollock to the EU market reached the highest volume ever – 305,000 tonnes – in 2018. 1: How can more food and biomass be obtained from the oceans in a way that does not deprive future generations of … 1 shows commercial European fish landings by EU marine region for 2017 (although for the Mediterranean and Black Seas, data refer to 2016) and the proportions of landings for which stock assessments were conducted in 2016-2018 (not all stocks have annual assessments). The share of fish which goes to other EU countries also varies widely depending on species and area. Exports of the same, at £63 million, were marginal. In 2017, the Portuguese ate 56.8 kg of fish and seafood per capita, which is more than twice the EU level. Since 2009, at EU level, households spent around one-quarter of the amount spent on meat for purchasing fish and seafood (€226 billion in 2018). More than one-quarter of fish and seafood products imported in the EU originates from Norway. On average, EU citizens ate half a kilo less compared to the previous year. The main products exported are herring, mackerel, blue whiting, tuna, fishmeal and fish oil. Sweden and Denmark, the main entry points for Norwegian products into the internal market, allow the imports to reach other Member States’ markets. EUMOFA has released the 2019 Edition of “The EU fish market”. The EU fish Market 2016 edition. The French, Spanish, German and Italian versions will be released soon. In 2018, imports from non-EU countries increased slightly, up from £2.16bn to £2.17bn, according to ITC (see chart two). DESPITE HIGHER PRICES, EU HOUSEHOLDS INCREASED EXPENDITURE FOR FISH AND SEAFOOD Hungary, Bulgaria and Romania registered the lowest level in the EU in terms of per capita consumption. Fish and seafood products are considered a great substitute for red meat as they are a rich source of proteins, micronutrients and essential fatty acids. For example, France received roughly 84% of the overall Total Allowable Catch on cod in the Eastern Channel whilst in the North Sea it received only 4%. Which products have seen the most important price differences in the last two years? Prime Minister Boris Johnson visiting a fish market in Grimsby, England, in 2019. twitter icon, /fisheries/file/backgroundicon1gif_enbackground_icon1.gif, EU Market Observatory for Fisheries and Aquaculture products, European Maritime and Fisheries Fund (EMFF) (2014-2020), The EU Fish Market 2019 edition is out: everything you wanted to know about the EU market for fish and seafood. Date 27.11.2019 Author Jo Harper Related Subjects European Union (EU), Brexit; Keywords fishing industry, fish market, Brexit, Common Fisheries Policy, EU, UK; Send us your feedback. There has been an increased expenditure of the EU households for purchasing fish and seafood despite higher prices. Published in Magazine Issues. Council Regulation (EU) 2019/124 of 30 January 2019 fixing for 2019 the fishing opportunities for certain fish stocks and groups of fish stocks, applicable in Union waters and, for Union fishing vessels, in certain non-Union waters. The main market for haddock from Iceland was the UK, which imported some 80 percent of Icelandic haddock exports. Billingsgate Fish Market is located in Poplar in London. The continent is an important market for fish, accounting for around 11% of global volume of imports. It aims to increase market transparency and efficiency, analyses EU markets dynamics, and supports business decisions and policy-making. Follow us on LinkedIn, Sign up for European Fishmeal’s newsletter. We use cookies to improve your user experience. Change Password Log out. ‘The whole point of Johnson’s Brexit deal is to allow the UK to leave a level playing … It gives access to the latest industry data, analyses EU markets dynamics, and supports business decisions and policy-making. In general, consumption saw a relatively flat trend pattern. One man’s fish is another man’s poisson. for placing on the market. While 2019 was the year that the UK was set to leave the EU legislation and laws which would influence fishing and the control of Britain’s fisheries were low down the agenda as the focus shifted to what form Brexit would take, and even if the UK would leave the EU at all. Insects as animal feed Insects are a natural component of the diets of animals such as carnivorous fish, poultry and pigs. Follow us on Twitter At the same time, the EU is the largest exporter of food and drink products in the world with extra-EU exports reaching €110 billion and a trade surplus of €36 billion. Denmark, +45 33 14 58 00 Which are the 3 countries which spend most and which spend least? Martyn Boyers, pictured with Boris Johnson in 2019 Credit: PA The boss of Grimsby fish market has welcomed the agreement reached with the EU over fishing as part of the Brexit trade – … “The EU fish market” aims at providing an economic description of the whole European fisheries and aquaculture industry. In none of the EU countries the expenditure on fish and seafood is higher than that for meat. Which are the 3 countries which consume most fish and seafood and which consume the least? Boris Johnson on a visit to Peterhead Fish Market in Scotland. U.K. imports of cod and haddock — the species most used in the national fish and chips meal — amounted to £655 million, or 28% of all U.K. fish imports in 2018, according to government numbers. How much is imported and from where? 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