More fish but at higher price

During the first six months of this year, Algarve fishermen sold their catch at an average higher price than the same period in 2012 despite larger quantities of fish, according to data from the Direção-Geral de Recursos Naturais, Segurança e Serviços Marítimos (DGRM).

The total catch was almost 11,000 tons, exceeding the 10,700 tons recorded for the previous year.

The haul amounted to 221 tons sold at auction with Tavira cited as the most productive region with a 253% increase. Octopus, which was in abundance in the first six months of the year influencing these statistics, has however shown signs of drastically diminishing in the last two months, said the DGRM report.

In other auctions in the region, Portimão saw an increase of 41% and a rise of 31.8% was recorded in Lagos, while Olhão experienced a drop of 22.8% and Vila Real de Santo António -1.5%.

Average auction price per kilo increased from €2.26 in 2012 to €2.61.