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Poland Expands Salmon, Herring, Cod Exports

Salmonids Cod Sustainability +6 more

POLAND - From January to May 2016, Polish fish industry players managed to increase their export sales of salmon, herring and cod, according to the latest available figures from the state-run Institute of Agricultural and Food Economics (IERiGZ).

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In the first five months of this year, Polish companies expanded their salmon exports by 6.9 per cent to a total of 27,000 tonnes. The sales generated revenues of some PLN 1.25 billion (€286 million), an increase of 12.7 per cent compared with the same period a year earlier.

From January to May 2016, herring export sales were up by 2.3 per cent to 22,400 tonnes, and this was accompanied by an increase in sales revenues by 11.9 per cent to a total of PLN 240 million (€55 million). Polish entities also managed to export 7,400 tonnes of cod, up 6.9 per cent compared with the same period a year earlier, and this translated into an increase in sales revenues of 12.7 per cent to PLN 170 million (€38.9 million).

The higher export sales had an impact on the domestic prices of fish and seafood, according to data from the Polish research institute.

“In May 2016, retail fish and seafood prices continued to increase. Compared with the previous month, these prices were on average up by 0.3 per cent, and they were 2.6 per cent higher than in December 2015,” the IERiGZ said in its market report.

Since December 2015, the prices of fresh fish have increased by 4.8 per cent, while prices of processed and canned fish have expanded by 2.3 per cent, frozen fish have increased by 1.8 per cent, and frozen seafood prices have expanded by 2.3 per cent, according to the institute.

Established in 1950 and based in Poland’s capital Warsaw, the IERiGZ is overseen by the Polish Ministry of Agriculture and Rural Development. The institute says its research activities are mainly focused on agricultural production, food economy and economic activities in the country’s rural areas.

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