Average Market Price Falls 9.7% in the First Quarter of the Year

The current economic downturn is being seen in the prices of products sold at the Central Fish Market. During the first three months of the year, the average Market price has fallen 9.7% over the same period in 2008. According to market forecasts, if this current trend continues, the average price may even drop by 13% this month of April. In contrast, however, this situation is not affecting sales, which are stable and have even increased slightly over last year. 19,506 tonnes of fish and seafood have been sold at the Market in 2009 so far. In the case of fresh produce, tonnage has risen 4.5% over the same period in 2008. Frozen fish sales are up 9.5%.

The highest-priced products fall the most steeply
Frozen products have fallen most noticeably in price. Overall, they sold 13.4% lower than the same time last year. Along the same line, the fresh fish and seafood sold at the Market have also shown price drops, in this case of 8.7%. The products that have plummeted most, in both the fresh and frozen categories, are those with higher prices, in other words those over €8/kg.