Bad weather out of season, boom in fish prices: +20%

MeteoWeb

Prices rising until 20% for several seafood products this week. It’s the fault of bad weather at the beginning of May which is severely limiting activities at sea, consequently impacting the price lists. This was confirmed to ANSA by the analysis of Bmti, the Italian telematic commodity exchange, in the wholesale markets. In particular, the prices of the goods are rising anchovies which, due to the scarcity of the quantities caught, today cost from 5 to 7 euros/kg, compared to the 2-3 euros/kg for which they are usually sold in the most fished periods.

To aggravate the situation, the fishing ban reserved for flying boats in the Adriatic Sea in recent days is added. Few and expensive up to +20% compared to 12 months ago the situation for mud mullets, which range from 7 to 10 euros/kg, while rock mullets between 15 and 20 euros/kg.

For a few weeks they have also been in short supply in the wholesale markets calamari. The limited fishing activities have further accentuated this shortage, pushing imports, in particular from Morocco and Holland; a situation that has led to a price increase of approximately 20% compared to the same period of 2023 and a shift in demand towards squid which, equally, is having an increase of 20% compared to last year, costing from 12 to 15 euros/kg

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