Tridge summary
In 2023, the seafood market witnessed a notable increase in sea bream prices, particularly affecting small and medium-sized fish in Spain and Italy, while sea bass prices remained high with a minor dip for medium-sized variants. Trade volumes for both species slightly rose, with Greece leading as the top exporter and Spain surpassing Italy to become the third largest, primarily exporting to Portugal. Additionally, Turkish exporters enjoyed a 9% growth in volumes, marking a positive year for the country's seafood trade.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Having remained low for most of 2023, sea bream prices have risen sharply, with prices for small and medium-sized fish rising significantly, reaching €5.93/kg and €6.30/kg respectively on the Spanish market. Fish sold on the Italian market in February 2024 showed a similar increase of 20–25 percent from January 2024 levels. Meanwhile, prices for small and large sea bass remained close to elevated levels seen in the final months of 2023. Medium-sized fish have fallen slightly in price: in January 2024, Greek fish on the Spanish market cost EUR 7.75 per kg compared to EUR. 8.60 per kg in September 2023. Trade volumes increased slightly in 2023, although year-on-year growth was lower than previous years. In Greece, the largest exporter by volume, imports remained stable at 121,000 tons. After a slight decline in 2022, Turkish exporters had a good year in 2023, with volumes up nine percent to 106,000 ...
Source: Fishretail
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