Herring COMMODITY UPDATE. Extract from GLOBEFISH Databank Prices - Exports - Imports - Catches - Consumption

Transcription

1 COMMODITY UPDATE Herring Food and Agriculture Organization of the United Nations Products, Trade and Marketing Service Viale delle Terme di Caracalla Rome, Italy Contact: Extract from GLOBEFISH Databank Prices - Exports - Imports - Catches - Consumption November 2014

2 Herring COMMODITY update The COMMODITY UPDATE reports, issued for each commodity once a year, contain information on prices, imports, exports and production by commodity. The information is taken form the network of GLOBEFISH correspondents and the GLOBEFISH European Price Report, INFOFISH Trade News, FAO FISHDAB, EUROSTAT and others. For single issues For an annual subscription to please contact the complete set please contact GLOBEFISH EUROFISH Vial.e delle Terme di Caracalla.H.C. Andersens Blvd Rome.1553 Copenhagen V ITALY Denmark Tel: Tel.: Fax: Fax: E - mail: globefish - pub@fao.org.e - mail: info@eurofi.sh.dk Web si.te: site: www. eurofish.dk Prepared by Paola Sabatini Al l ri g hts re s e rve d.no part of FAO/GLOBEFISH COMMODITY UPDATE may be reproduced, stored in a retrieval system, or transmitted in any form or by any means (electronic, mechanical, photocopying or otherwise), without the prior permission of FAO. Requests for use of this material (including purpose and extent) should be addressed to the Director, Publications Division, Food and Agriculture Organization of the United Nations, Viale delle Terme di Caracalla, Rome, Italy.

3 HERRING MARKET REPORT TAC for mackerel, herring, blue whiting and capelin all cut Based on scientific advice, ICES has recommended significant cuts in the TACs for mackerel, herring, blue whiting and capelin. At the same time, the organization claims that several species, such as mackerel, hake, and monkfish have recovered. The situation for herring, however, is not so bright. The Barents Sea survey, undertaken by Norway s Institute of Marine Research (IMR), showed that while some stocks like cod and mackerel are strong, the situation for herring and capelin gives cause for concern. Herring stocks have been greatly reduced (perhaps as a result of heavy cod stocks feeding on herring), and researchers found reduced stocks of adult capelin as well. ICES has recommended reductions in the TAC for Norwegian spring spawning herring, and it is expected that the joint Norwegian- Russian Fisheries Commission will set a lower TAC for capelin next year as well. Herring Supplies According to the Norwegian IMR, the Norwegian spring spawning herring stocks have been deteriorating since The spawning biomass has fallen below 4 million tonnes, and if it falls as low as 2.5 million tonnes, researchers will advise a total stop to this fishery. Next year, IMR estimates that the spawning stock will be at around 3.5 million tonnes. After the disastrous Exxon Valdez oil spill in 1989, Alaska s herring stocks suffered a serious set-back. However, the stock is now recovering, and some are hoping that the Alaska herring fishery may be re-opened in 2015 albeit with a small TAC. Trade After the Russian Federation imposed the import ban on seafood from Norway, Norwegian exports to the Russian Federation fell by a massive 82% in August. Herring and trout were the most affected products. Herring exports dropped from tonnes in July to just tonnes in August (-60%). The export price to the Russian Federation went up by almost 5%, though. The Russian Federation is the single largest import market for Norwegian herring, and during the first 8 months of 2014, the Russian Federation had imported tonnes of frozen whole herring from Norway, accounting for 31% of Norway s total exports of frozen herring. Thus, Norwegian herring exporters are feeling the import ban particularly hard. Currently, Russian fish processing companies are ready to substitute Norwegian Atlantic herring with Atlantic herring from Iceland and the Faroe Islands, and to a lesser extent with Pacific herring from the Russian Far East. The Russian herring market is estimated at tonnes annually, and 45% of market demand was previously covered by imported Atlantic herring. Overall supplies of herring have been a little tighter this year, and this is reflected in international trade figures. Norwegian exports of frozen whole herring declined from tonnes during the first half of 2013 to tonnes during the same period in 2014 (-5.2%). These trends were before the Russian import ban, so the Russian Federation was still by far the largest market, taking tonnes, or 35.3% of total Norwegian frozen herring exports.. Other main markets like Ukraine and Lithuania took and tonnes, respectively. While Ukraine demonstrated a slight decline in imports likely due to the war, there was an increase in shipments to Lithuania. Dutch exports of herring increased considerably during the first six months of Total Dutch herring exports grew by +20.2%, with Egypt and Nigeria as the main markets.

4 Imports Frozen Herring Fillets: Germany Jan-Jun (1 000 tonnes) Norway Denmark UK Iceland Netherlands Others Total Total Source: Germany customs Exports Dutch Frozen Herring Jan-Jun (1 000 tonnes) Egypt Nigeria China Germany Japan Others Total Others Total Source: Eurostat Exports Frozen Whole Herring: Norway Jan-Jun (1 000 tonnes) Russian Fed Ukraine Lithuania Netherlands Latvia Egypt Kazakhstan Germany Poland Nigeria UK Others Total Source: Statistics Norway Prices Prices for herring have been on a declining trend for some time, and this continued in the past quarter. Export prices for Norwegian whole frozen herring slid from NOK per kg in June to just NOK 6.36 per kg in August. This is a seasonal trend, though the longer-term trend is still slightly downward. Export prices for frozen herring fillets also declined, although not so dramatically, from NOK per kg in June to NOK per kg in August. Norwegian frozen herring export prices German imports of frozen herring fillets fell slightly during the first half of the year, by -8.9%. Norway, the main supplier, strengthened its position on this market. Source: NSC/Central Bureau of Statistics, Norway Japan is importing more fresh and frozen herring this year. Imports during the first six months of the year increased by 48.1% compared with the same time period in The main supplier, the USA, strengthened its position considerably, while the Russian Federation lost market share.

5 Table of Contents Herring Prices Monthly fresh herring (Sardinella Eba ) prices, in Abidjan, Cote d'ivoire whole: USD/kg 1 Herring Imports EU imports of whole fresh and frozen herring, by country of origin, in tonnes 3 EU imports of whole fresh and frozen herring, by country of origin, in Euro million 3 World imports of fresh and frozen herring, by major importing countries, in tonnes 4 World imports of fresh and frozen herring, by major importing countries, in USD million 5 Imports of herring into Germany, by product form and country of origin, in tonnes 6 Imports of fresh and frozen herring into Denmark, by product form and country of origin, in tonnes 7 Imports of fresh and frozen herring into Japan, by product form and country of origin, in tonnes 8 Herring Exports World exports fresh and frozen herring, by major exporting countries, in tonnes 10 World exports fresh and frozen herring, by major exporting countries, in in USD million 11 EU exports of whole fresh and frozen herring by country of destination, in tonnes 12 EU exports of whole fresh and frozen herring by country of destination, in Euro million 12 Exports of whole fresh and frozen herring from Denmark, by product form 13 and country of destination, in tonnes Exports of canned herring from Denmark, by country of destination, in tonnes 14

6 Exports of frozen whole herring from Norway, by country of destination, in tonnes 15 Exports of frozen whole herring from Netherlands, by country of destination, in tonnes 16 Herring Processing World production of herring, by product form and major 17 producing countries, in tonnes Herring Production World herring production, by fishing area, in tonnes 20 World herring production, by major countries, in tonnes 21 ii

7 HERRING Prices Monthly fresh herring (Sardinella eba) prices, in Abidjan, Cote d'ivoire whole: USD/kg J 0.76 J 0.69 J 1.15 F na F 0.68 F 1.36 M na M na M 0.81 A na A 0.69 A 0.86 M 1.15 M 0.71 M 1.32 J 0.95 J 0.96 J 0.77 J 0.77 J 0.96 J 0.79 A na A 1.41 A 0.67 S 0.78 S 1.14 S 1.18 O 0.76 O 0.75 O 1.10 N 0.65 N 0.65 N 0.68 D 0.67 D 1.18 D J 0.85 J 0.87 J na F 1.45 F 0.89 F 1.05 M 1.38 M 1.19 M 1.25 A 0.96 A 0.94 A 1.23 M na M 1.49 M 1.18 J 0.95 J 1.53 J 1.14 J 1.34 J 1.54 J 1.17 A 1.24 A 1.15 A na S 0.90 S S na O 0.92 O 1.21 O 1.24 N 0.70 N 1.20 N na D 0.83 D 1.16 D

8 Monthly fresh herring (Sardinella eba) prices, in Abidjan, Cote d'ivoire whole: USD/kg (cont.) J 1.14 J 1.68 J NA F 0.78 F 1.12 F 0.93 M 1.22 M 1.45 M 1.06 A 1.27 A 1.42 A 1.03 M 1.28 M 1.40 M 1.04 J 1.72 J 1.35 J NA J 1.69 J 1.35 J NA A 1.78 A 1.54 A NA S NA S 1.39 S NA O 1.70 O 1.28 O NA N 1.75 N 0.89 N NA D 1.76 D 0.92 D NA J NA F NA M NA A NA M NA J NA J NA A 1.41 S 0.67 O N D Source: Infopesche 2

9 Imports EU imports of whole fresh and frozen herring, by country of origin, in tonnes Country Germany Nigeria Netherlands Denmark Egypt Norway Ukraine Estonia Poland Sweden UK China Russian Fed Others Total Source: Eurostat EU imports of whole fresh and frozen herring, by country of origin, in Euro million Country Nigeria Germany Egypt Nehterlands Denmark Poland Norway China Ukraine Sweden Estonia UK Others Total Source: Eurostat 3

10 World imports of fresh and frozen herring, by major importing countries, in tonnes Country Norway Germany Poland Belgium Denmark Sweden Uzbekistan Netherlands Others Totals Country Norway Germany Poland Belgium Denmark Sweden Uzbekistan Netherlands Others Totals Country Norway Germany Poland Belgium Denmark Sweden Uzbekistan Netherlands Others Totals * = included under "Others" Source : FAO Fishstat Plus 4

11 World imports of fresh and frozen herring, by major importing countries, in USD million Country Norway Germany Poland Belgium Denmark Sweden Uzbekistan Turkey Finland Netherlands Others Totals Country Norway Germany Poland Belgium Denmark Sweden Uzbekistan Turkey Finland Netherlands Others Totals Country Norway Germany Poland Belgium Denmark Sweden Uzbekistan Turkey Finland Netherlands Others Totals Source : FAO Fishstat Plus 5

12 Imports of herring into Germany, by product form and country of origin, in tonnes Year FRESH - WHOLE Denmark UK Norway Netherlands France * * * * * * * * * * * * Sweden Ireland Faroes Is * * * * * * * * * * * * Total FROZEN - WHOLE Norway Netherlands Ireland UK Canada Denmark Sweden Total Year FRESH - WHOLE Denmark UK Norway Netherlands France * * * * Sweden Ireland Faroes Is * * * * * * * Total FROZEN - WHOLE Norway Netherlands Ireland UK Canada Denmark Sweden Total

13 Imports of herring into Germany, by product form and country of origin, in tonnes (cont.) Year 2013 FRESH - WHOLE - Denmark 39.8 UK 2.0 Norway 0.3 Netherlands 4.1 France 0.6 Sweden 0.0 Ireland 0.8 Faroes Is 0.0 Total 47.9 FROZEN - WHOLE - Norway 2.9 Netherlands 1.8 Ireland 1.8 UK 0.4 Canada 0.0 Denmark 0.0 Sweden 0.0 Total 10.9 * included under "others" Source : Eurostat/National Statistics Imports of fresh and frozen herring into Denmark, by country of origin, in tonnes Year Norway Sweden Germany Faeroe Is Netherlands UK Poland * * * * * * * * * * * * Others Total Year Norway Sweden Germany Faeroe Is Netherlands UK Poland * * * * * * * * * Others Total

14 Imports of fresh and frozen herring into Denmark, by country of origin, in tonnes (cont.) Year Norway Sweden Germany Faeroe Is Netherlands UK Poland Others Total * included under "others" Source : Eurostat Imports of fresh and frozen herring into Japan, by product form and country of origin, in tonnes Year USA Russian Fed Norway Netherlands Canada Korea Rep Iceland Others Total Year USA Russian Fed Norway Netherlands Canada Korea Rep Iceland Others Total

15 Imports of fresh and frozen herring into Japan, by product form and country of origin, in tonnes (cont.) Year 2013 USA 21.9 Russian Fed 5.1 Norway 2.5 Netherlands 0.3 Canada 1.7 Korea Rep 0.0 Iceland 0.1 Others 0.1 Total 31.7 * 1988 data excludes fillets and fresh imports. Source: National statistics 9

16 Exports World exports of fresh and frozen herring, by major exporting countries, in tonnes Country Norway Iceland Faroe Islands UK Germany Ireland Denmark Sweden Finland Netherlands Others Totals Country Norway Iceland Faroe Islands UK Germany Ireland Denmark Sweden Finland Netherlands Others Totals Country Norway Iceland Faroe Islands UK Germany Ireland Denmark Sweden Finland Netherlands Others Totals Source : FAO Fishstat Plus 10

17 World exports of fresh and frozen herring, by major exporting countries, in USD million Country Norway Iceland Faroe Islands UK Germany Ireland Denmark Sweden Finland Netherlands Others Totals Country Norway Iceland Faroe Islands UK Germany Ireland Denmark Sweden Finland Netherlands Others Totals Country Norway Iceland Faroe Islands UK Germany Ireland Denmark Sweden Finland Netherlands Others Totals Source : FAO Fishstat Plus 11

18 EU exports of whole fresh and frozen herring by country of destination, in tonnes Year Germany Nigeria Netherlands Denmark Egypt Norway Ukraine Estonia Poland Sweden UK China Russian Fed Romania Ireland Cote D'Ivoire Lithania Others Total Source: Eurostat EU exports of whole fresh and frozen herring by country of destination, in Euro million Year Nigeria Germany Egypt Netherlands Denmark Poland Norway China Ukraine Sweden Estonia UK Romania Others Total * = included under "Others" Source: Eurostat 12

19 Exports of whole fresh and frozen herring from Denmark, by product form and country of destination, in tonnes Germany Norway Sweden NA NA Netherlands UK Poland France Belg/Lux Former Czech Croatia Faeroe Is, Austria Iceland NA NA Others Total Germany Netherlands Norway UK Sweden Croatia Faeroe Is, Poland Belg/Lux Austria Iceland France Former Czech Others Total

20 Exports of whole fresh and frozen herring from Denmark, by product form and country of destination, in tonnes (cont.) Germany Netherlands Norway UK Sweden Croatia Faeroe Is, Poland Belg/Lux Austria NA NA NA Iceland France Former Czech Others Total Source: Eurostat Exports of canned herring from Denmark, by country of destination, in tonnes Country Germany Poland * * * * * * * * * * * * Norway Sweden UK Netherlands Others Total Country Germany Poland Norway Sweden UK Netherlands Others Total

21 Exports of canned herring from Denmark, by country of destination, in tonnes (cont.) Country Germany Poland Norway Sweden UK Netherlands Others Total * = included under "Others" Source: Eurostat Exports of frozen whole herring from Norway, by country of destination, in tonnes Country Russian Fed Ukraine Lithuania Netherlands Poland Nigeria * * * * * USA Others Total Country 2013 Russian Fed Ukraine 40.0 Lithuania 36.1 Netherlands 12.4 Poland 3.8 Nigeria 2.9 USA 0.4 Others 38.1 Total * included under "others" EUROSTAT/Norwegian Seafood Council 15

22 Exports of frozen whole herring from Netherlands, by country of destination, in tonnes Country Nigeria Egypt China UK Cote d'ivoire Germany Ghana Lithuania Malta Spain France Others Total Country 2013 Nigeria 59.5 Egypt 42.8 China 7.4 UK 3.5 Cote d'ivoire 3.4 Germany 2.3 Ghana 2.0 Lithuania 1.3 Malta 1.2 Spain 1.1 France 0.7 Others 6.3 Total Source: Eurostat 16

23 Processing World production of herring, by product form and major producing countries, in tonnes Fillets, fresh/frozen Iceland Norway Finland Netherlands Faroe Isl Ireland Others Totals Frozen whole Norway Iceland Germany Faroe Isl UK Finland Netherlands France Others Total Cured* UK Poland Germany Greece Finland Others Totals Prepared, preserved Germany Norway Poland Canada Belgium Denmark Netherlands France Totals

24 World production of herring, by product form and major producing countries, in tonnes (cont.) Fillets, fresh/frozen Iceland Norway Finland Netherlands Faroe Isl Ireland Others Totals Frozen whole Norway Iceland Germany Faroe Isl UK Finland Netherlands France Others Total Cured* UK Poland Germany Greece Finland Others Totals Prepared, preserved Germany Norway Poland Canada Belgium Denmark Netherlands France Totals

25 World production of herring, by product form and major producing countries, in tonnes (cont.) Fillets, fresh/frozen Iceland Norway Finland Netherlands Faroe Isl Ireland Others Totals Frozen whole - - Norway Iceland Germany Faroe Isl UK Finland Netherlands France Others Total Cured* - - UK Poland Germany Greece Finland Others Totals Prepared, preserved Germany Norway Poland Canada Belgium Denmark Netherlands France Totals * Atlantic herring: smoked, dried, salted or in brine Source: FAO Fishstat Plus 19

26 HERRING Production World herring production, by fishing area, in tonnes Area Atlantic, Northeast Pacific, Southeast Pacific, Northwest Atlantic, Northwest Pacific, Eastern Central Atlantic, Southeast Pacific, Northeast Indian Ocean, Eastern Indian Ocean, Western Pacific, Western Central Atlantic, Southwest Atlantic, Western Central Others Total Area Atlantic, Northeast Pacific, Southeast Pacific, Northwest Atlantic, Northwest Pacific, Eastern Central Atlantic, Southeast Pacific, Northeast Indian Ocean, Eastern Indian Ocean, Western Pacific, Western Central Atlantic, Southwest Atlantic, Western Central Others Total Area Atlantic, Northeast Pacific, Southeast Pacific, Northwest Atlantic, Northwest Pacific, Eastern Central Atlantic, Southeast Pacific, Northeast Indian Ocean, Eastern Indian Ocean, Western Pacific, Western Central Atlantic, Southwest Atlantic, Western Central Others Total Source: FAO Fishstat Plus 20

27 World herring production, by major countries, in tonnes Country Chile Norway Russian Fed Iceland Mexico Denmark Canada USA Finland UK Japan Netherlands South Africa Sweden Faroe Is Germany Ecuador India Ireland Korea Rep Poland France Estonia Panama Latvia China Indonesia Total

28 World herring production, by major countries, in tonnes (cont.) Country Chile Norway Russian Fed Iceland Mexico Denmark Canada USA Finland UK Japan Netherlands South Africa Sweden Faroe Is Germany Ecuador India Ireland Korea Rep Poland France Estonia Panama Latvia China Indonesia Total

29 World herring production, by major countries, in tonnes (cont.) Country 2012 Chile Norway Russian Fed Iceland Mexico Denmark Canada USA Finland UK Japan 90.4 Netherlands 85.1 South Africa 85.1 Sweden 68.7 Faroe Is 67.0 Germany 51.4 Ecuador 51.2 India 34.7 Ireland 30.2 Korea Rep 28.7 Poland 28.1 France 27.1 Estonia 24.4 Panama 22.0 Latvia 20.5 China 20.1 Indonesia 17.6 Total Source: FAO Fishstat Plus 23