The EU market and its consumers are highly complex

According to Paquotte,of the European Commission Markets and Trade section, at EUR 55 billion, the EU is the world’s most valuable seafood market. It represents 12 percent of worldwide seafood consumption but only 5 percent of seafood production, making it by far the No. 1 importer at 9 million metric tons annually, which is twice as much as the United States or Japan.

Paquotte explained that a common mistake was often made in assuming that the EU market was homogeneous, when the reality is that it’s disparate.

“Firstly, the five largest markets — Spain, France, Italy, the UK and Germany — account for two-thirds of all EU seafood consumed. Secondly, the annual per-capita consumption ranges from 4.5 kilograms in Bulgaria to 65 kilograms in Portugal, with an average of 27 kilograms,” he said. “Consumers eat mostly carp in Hungary, sea bass in Italy, sea bream in Spain, salmon in Germany and the UK, pangasius in Poland and a combination of all these species in France.”

Paquotte noted that perception was of great importance in persuading consumers to purchase farmed seafood and explained that studies show significant differences between countries.

“Generally speaking, farmed has an excellent image in terms of nutritional content, freshness, year-round availability and price, but fish farmers should not forget that aquaculture is expected to make fresh fish consumption more affordable,” said Paquotte. “It is also perceived in some member states (Portugal, Greece, Italy, Denmark and the Netherlands) as being less safe than wild fish, which is all the more negative as health is a major reason why people eat fish. In Germany, and the Czech Republic, where seafood consumption is far below the EU average, consumers prefer farmed fish.”

European markets are generally flexible and receptive to the arrival of new species such as pangasius and Nile perch, but marketers need to take countries’ preferences for fresh, frozen or value-added products into account.


SeafoodNews | 2010.10.19