The COVID-19 pandemic has spread around the world, disrupting economies, societies and daily life. Early research anticipated significant negative impacts for the globalized seafood supply network. In this original article in the Wiley Online Library (free access at https://onlinelibrary.wiley.com/doi/full/10.1111/faf.12665), Holly Amos et al explore the impact of the COVID-19 pandemic on wholesale prices from five major seafood markets around the world. An anomalies analysis was used to establish a 5-year baseline price for each commodity. Daily price data from 2020 were compared to the baseline to identify collapses and analyse collapse characteristics.
To better detect, anticipate and respond to future shocks, we recommend that relevant government agencies conduct comprehensive economic reviews of the COVID-19 pandemic throughout the seafood supply chain, including the outcomes of emergency measures, short- and long-term implications of market volatility and identify areas of supply and labour vulnerabilities…