Aberdeenshire, Scotland-based Peterhead Market, the U.K.'s biggest fishing port by landing volume, reported an average price for wild-caught Atlantic cod of GBP 7.38 (USD 9.93, EUR 8.62, NOK 94.61) per kilogram on 3 August, up GBP 0.14 (USD 0.19, EUR 0.16, NOK 1.79) per kilogram week over week from the 27 July price of GBP 7.25 (USD 9.75, EUR 8.46, NOK 92.91) per kilogram.
Haddock prices were down week over week (WoW) as of 3 August, falling to GBP 3.34 (USD 4.49, EUR 3.90, NOK 42.80) per kilogram from GBP 4.17 (USD 5.61, EUR 4.87, NOK 53.44) per kilogram on 27 July, a decline of GBP 0.83 (USD 1.12, EUR 0.97, NOK 10.64) per kilogram.
Hake was up WoW to GBP 5.46 (USD 7.34, EUR 6.37, NOK 69.97) per kilogram from GBP 3.37 (USD 4.53, EUR 3.93, NOK 43.19) per kilogram on 27 July, an increase of GBP 2.09 (USD 2.81, EUR 2.44, NOK 26.78) per kilogram.
No pollock sales were recorded on 3 August at Peterhead, but on 31 July, the last time data was available, pollock prices were down to GBP 4.05 (USD 5.45, EUR 4.73, NOK 51.90) per kilogram. Eight days earlier, on 23 July, pollock prices averaged GBP 6.10 (USD 8.20, EUR 7.12, NOK 78.17) per kilogram, making the 31 July price a decline of GBP 2.05 (USD 2.76, EUR 2.39, NOK 26.27) per kilogram.
Shetland Market, located at Lerwick, the main port of Scotland's northeastern Shetland Island archipelago, saw average cod prices of GBP 6.97 (USD 9.38, EUR 8.14, NOK 89.32) per kilogram on 4 August, the most recent reporting day, down from GBP 8.44 (USD 11.35, EUR 9.85, NOK 108.16) per kilogram one week earlier on 28 July, a decline of GBP 1.47 (USD 1.98, EUR 1.72, NOK 18.84) per kilogram.
Haddock prices at Shetland on 4 August averaged GBP 5.79 (USD 7.79, EUR 6.76, NOK 74.20) per kilogram, down from GBP 6.27 (USD 8.43, EUR 7.32, NOK 80.35) per kilogram one week earlier, a GBP 0.48 (USD 0.65, EUR 0.56, NOK 6.15) per kilogram decline.
Hake was down WoW to GBP 2.70 (USD 3.63, EUR 3.15, NOK 34.60) per kilogram from GBP 3.62 (USD 4.87, EUR 4.23, NOK 46.39) per kilogram on 28 July, a GBP 0.92 (USD 1.24, EUR 1.07, NOK 11.79) decline.
Pollock averaged GBP 5.20 (USD 6.99, EUR 6.07, NOK 66.64) per kilogram on 4 August, up WoW from GBP 4.91 (USD 6.60, EUR 5.73, NOK 62.92) per kilogram on 28 July, a GBP 0.29 (USD 0.39, EUR 0.34, NOK 3.72) per kilogram increase.
Saithe averaged GBP 1.75 (USD 2.35, EUR 2.04, NOK 22.43) per kilogram on 4 August, down WoW from GBP 2.09 (USD 2.81, EUR 2.44, NOK 26.78) per kilogram one week earlier, a GBP 0.34 (USD 0.46, EUR 0.40, NOK 4.36) per kilogram decline.
For a variety of reasons, the SeafoodSource Pricing team treats data out of Peterhead as the most important regional signal, especially because prices at Peterhead are affected by the same forces, such as quotas and scarcity, which shape global whitefish markets. Prices out of Shetland should be understood as a regional check on that Peterhead signal, and Brixham prices are offered for comparison.
Unlike Peterhead and Shetland, Brixham Market, located in Devon, does not draw from North Atlantic stocks and is not subject to those stocks' quotas.
Brixham's most recent data was reported on 3 August. Cod prices averaged GBP 6.25 (USD 8.41, EUR 7.30, NOK 80.09) per kilogram, up from GBP 5.45 (USD 7.33, EUR 6.36, NOK 69.84) per kilogram one week earlier on 27 July, a GBP 0.80 (USD 1.08, EUR 0.93, NOK 10.25) per kilogram increase.
Haddock prices on 3 August sat at GBP 4.82 (USD 6.48, EUR 5.63, NOK 61.77) per kilogram, down significantly WoW from GBP 6.28 (USD 8.45, EUR 7.33, NOK 80.48) per kilogram, a decline of GBP 1.46 (USD 1.96, EUR 1.70, NOK 18.71) per kilogram.
Hake averaged GBP 4.72 (USD 6.35, EUR 5.51, NOK 60.49) per kilogram on 3 August, down from GBP 5.89 (USD 7.92, EUR 6.88, NOK 75.48) per kilogram one week earlier, a decline of GBP 1.17 (USD 1.57, EUR 1.37, NOK 14.99) per kilogram.
Pollock averaged GBP 7.96 (USD 10.71, EUR 9.29, NOK 101.97) per kilogram on 3 August, a GBP 1.31 (USD 1.76, EUR 1.53, NOK 16.79) per kilogram WoW increase on the 27 July price of GBP 6.65 (USD 8.94, EUR 7.76, NOK 85.22).
The most recent trade data from Norway on wild Atlantic cod, farmed cod, and haddock were from 25 July.
Wild-caught cod saw an average price NOK 102.43 (GBP 8.00, USD 10.76, EUR 9.34) per kilogram, while farmed cod averaged NOK 77.66 (GBP 6.06, USD 8.15, EUR 7.08) per kilogram. Competition between the two sources generally means that wild-caught cod from Norway is more expensive.
Haddock averaged a price of NOK 57.47 (GBP 4.49, USD 6.03, EUR 5.24) per kilogram on 25 July.
