Market Integration of Farmed Trout in Germany

Abstract

Price formation and integration of markets supplied by both farmed and captured fish is studied. Markets for trout and potential substitutes imported to Germany are analysed, and market delineation and market leaders identified. It is found that markets for small portion-sized farmed trout with white meat are related to, rather than completely separate from, other fish markets, and that markets for these trout are more closely linked to markets for captured fish than to farmed salmon. The implications are that although the part of the trout business operating with small freshwater ponds remains relatively unaffected by developments in other fish markets, careful attention should be paid to markets for and management of capture fisheries like cod, halibut, redfish, and mackerel, than to markets for farmed salmon.

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