Globus, Dutch Fish Federation representatives say seafood consumption is declining in Europe

Jürgen Pauly, the marketing and sales manager for hypermarket chain Globus.

Soaring production costs, declining exchange rates, and higher consumer and producer price indexes may force a reckoning when it comes to recent gains in global seafood consumption, according to Turenhout, a fisheries and trade expert with the Dutch Fish Federation (Visfederatie) and a member of the E.U. Fish Processors and Traders Association (AIPCE-CEP).

“Consumers have less to spend and that’s visible in the demand for seafood in the short-term. I expect we will have to pay more for the basics in the near future – food, mobility, healthcare, etcetera – and the question is how does seafood fit into this picture?” he said. “I think, and we are already seeing this happening a little, there will be a decrease in seafood consumption. There will be less demand and that will affect prices. My expectation is ... "

Photo courtesy of Globus

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